Drinking Water Loan Funds Service Line Replacement
City of TraverseCity · MI- Disclosed value
- $1,654,000 Drinking Water Infrastructure Grant; $149,500 local Water Fund contribution; maximum $3,510,500 DWSRF loan
- From agendapacket
- Document date
- Nov 7, 2026
- Renews
- Free account
The 30-second brief
Traverse City is using Michigan Finance Authority Drinking Water State Revolving Fund financing for its galvanized service line replacement project. The financing includes a maximum $3.51 million loan, with payments scheduled from October 2026 through October 2045.
Michigan Finance Authority holds this financial services contract with City of Traverse. Its other public contracts on record include work for Farwell village and City of Springfield.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,654,000 Drinking Water Infrastructure Grant; $149,500 local Water Fund contribution; maximum $3,510,500 DWSRF loan
- Document date
- November 7, 2026
- Term
- Payments begin October 2026 and extend through October 2045
- Renews
- On record
- Agency
- City of Traverse
- Source document
- City of Traverse City AgendaPacket General Fund Fund Balance Policy Ad Hoc Committee Meeting 2026-11-10 (AgendaPacket)
Michigan Finance Authority's other public contracts
More City of Traverse contracts
Questions about this contract
Who was awarded the financial services contract by City of Traverse?
Michigan Finance Authority was awarded this financial services contract by City of Traverse, as recorded on November 7, 2026. The contract value is $1,654,000 Drinking Water Infrastructure Grant; $149,500 local Water Fund contribution; maximum $3,510,500 DWSRF loan.
How much is the Michigan Finance Authority contract with City of Traverse worth?
The Michigan Finance Authority contract with City of Traverse is valued at $1,654,000 Drinking Water Infrastructure Grant; $149,500 local Water Fund contribution; maximum $3,510,500 DWSRF loan, 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 Traverse City AgendaPacket General Fund Fund Balance Policy Ad Hoc Committee Meeting 2026-11-10 (AgendaPacket), dated November 7, 2026 from City of Traverse. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Michigan Finance Authority hold?
Michigan Finance 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.
What is City of Traverse currently buying?
Explore City of Traverse's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.