City of Detroit Agenda 2026-06-16
City boosts FY26 funding for Economic Development Corporation
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Description
Detroit plans to amend Contract 6006432 with the Economic Development Corporation to add $150,000 in City funding for FY 2026 operations, bringing the total contract amount to $3.91 million. The amendment does not change the contract term.
Contract Details
Contract Amount
Contract Increase Amount: $150,000.00 – Total Contract Amount: $3,906,000.00
Vendor
ECONOMIC DEVELOPMENT CORPORATION
Agency
City of Detroit, MI
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
July 1, 2025 through June 30, 2026
Renewal Date
2026-06-30
Renewal Info
Third amendment adds funding within the existing July 1, 2025–June 30, 2026 term; no change to end date and no further renewals described.
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