FINANCIAL_SERVICESAMENDED

LDFA Increases Manistee Group Micro-Loan Write-Off

The LDFA amended its prior decision on the Manistee Group (Connect Space) micro-loan, increasing the authorized write-off from $38,907 to as much as $68,752.03, subject to available budget. The Board also agreed to cease further interest accrual on any remaining balance.

Status
AMENDED
Document date
July 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Manistee Group (connect Space)
Agency
City of Ann Arbor · MI

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
up to $68,752.03
Contract type
FINANCIAL_SERVICES
Renewal
Action corrects and increases a previously approved micro-loan write-off amount; no renewal options discussed. Interest accrual on any remaining balance is suspended.
Document type
Minutes
Source document
City of Ann Arbor Local Development Finance Authority Meeting Minutes 2026-07-23

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Ann Arbor?

Manistee Group (connect Space) was awarded this financial services contract by City of Ann Arbor, as recorded on July 23, 2026. The contract value is up to $68,752.03.

How much is the Manistee Group (connect Space) contract with City of Ann Arbor worth?

The Manistee Group (connect Space) contract with City of Ann Arbor is valued at up to $68,752.03, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Ann Arbor Local Development Finance Authority Meeting Minutes 2026-07-23 (Minutes), dated July 23, 2026 from City of Ann Arbor. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Manistee Group (connect Space) hold?

Manistee Group (connect Space) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Ann Arbor currently buying?

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

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