Airport Loan Approved from Michigan DOT for Runway Work
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Description
Peaine Township Board approved acceptance of a $100,000 loan from the Michigan Department of Transportation for Beaver Island Airport runway improvements, to be repaid over ten years.
Contract Details
Contract Amount
$100,000
Vendor
MICHIGAN DEPARTMENT OF TRANSPORTATION
Agency
Town of Peaine, MI
Contract Type
FINANCIAL_SERVICES
Document Date
January 20, 2026
Contract Term
Ten-year payback period
Renewal Date
2036-01-19
Renewal Info
Ten-year loan repayment schedule. New contract for FY2026.
More from MICHIGAN DEPARTMENT OF TRANSPORTATION
More from Town of Peaine
Peaine Township Board of Trustees Meeting Minutes January 2026
Peaine Township Board of Trustees Meeting Minutes January 2026
Peaine Township Board of Trustees Meeting Minutes January 2026
Peaine Township Board of Trustees Meeting Minutes January 2026
Peaine Township Board of Trustees Meeting Minutes January 2026
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