City of Marquette Awards $4,680,000 Financial Services Contract to Marquette Brownfield Redevelopment Authority (August 2026)

The Marquette Brownfield Redevelopment Authority signs a Municipal Certificate consenting to 100 South Lakeshore Blvd, LLC’s collateral assignment of reimbursement rights to IncredibleBank for a $4,680,000 loan. MBRA commits to taking direction from the bank regarding developer payments tied to the Trestle Project.

Scope & details

The full contract record, as filed.

Contract amount

$4,680,000.00

Contract type

FINANCIAL_SERVICES

Contract term

Municipal Certificate executed in 2026 (exact date not specified)

Renewal

MBRA’s commitments and consent remain in effect for the life of the collateral assignment and associated facility, subject to any termination upon release of the Security Instrument.

Document type

AgendaPacket

Source document

City of Marquette AgendaPacket 2026-08-10

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Marquette?

Marquette Brownfield Redevelopment Authority was awarded this financial services contract by City of Marquette, as recorded on August 10, 2026. The contract value is $4,680,000.00.

How much is the Marquette Brownfield Redevelopment Authority contract with City of Marquette worth?

The Marquette Brownfield Redevelopment Authority contract with City of Marquette is valued at $4,680,000.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Marquette AgendaPacket 2026-08-10 (AgendaPacket), dated August 10, 2026 from City of Marquette. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Marquette Brownfield Redevelopment Authority hold?

Marquette Brownfield Redevelopment Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Marquette Brownfield Redevelopment Authority's profile

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Explore City of Marquette's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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