Town of South Haven charter Awards Financial Services Contract to New Everett Park Phase Ii Llc (August 2025)

The City of South Haven and its Brownfield Redevelopment Authority entered into a Brownfield Reimbursement Agreement with New Everett Park Phase II, LLC on November 13, 2024, providing up to $547,500 in TIF reimbursements to support redevelopment of 900 Indiana Avenue. Staff now recommend approving a collateral assignment of the Developer’s TIF reimbursements to Macatawa Bank to secure project financing.

Scope & details

The full contract record, as filed.

Contract amount

Up to $547,500 in TIF reimbursement

Contract type

FINANCIAL_SERVICES

Renewal

Developer’s reimbursement under the Brownfield Reimbursement Agreement is capped at $547,500; no explicit renewal terms are stated in the provided text.

Document type

AgendaPacket

Source document

City of South Haven Brownfield Redevelopment Authority Agenda Packet 2025-08-11

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Other contracts from New Everett Park Phase Ii Llc.

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Brownfield Redevelopment Authority Regular Meeting Agenda 2026-06-08

AMENDED

Town of South Haven charter, Michigan$2,242,370Jun 8, 2026

Brownfield Redevelopment Authority Regular Meeting Agenda 2026-06-08

ONGOING

Town of South Haven charter, Michigan$547,500Jun 8, 2026

City of South Haven Brownfield Redevelopment Authority Agenda Packet 2026-06-08

AMENDED

City of South Haven, MichiganNot to exceed $3,011,770 (reimbursement of eligible activities, original plan $2,242,370)Jun 8, 2026

Brownfield Redevelopment Authority Regular Meeting Agenda September 2025

APPROVED

City of South Haven, MichiganSep 8, 2025

City of South Haven Brownfield Redevelopment Authority Agenda Packet 2025-09-08

APPROVED

Town of South Haven charter, MichiganSep 8, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of South Haven charter?

New Everett Park Phase Ii Llc was awarded this financial services contract by Town of South Haven charter, as recorded on August 11, 2025. The contract value is Up to $547,500 in TIF reimbursement.

How much is the New Everett Park Phase Ii Llc contract with Town of South Haven charter worth?

The New Everett Park Phase Ii Llc contract with Town of South Haven charter is valued at Up to $547,500 in TIF reimbursement, 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 South Haven Brownfield Redevelopment Authority Agenda Packet 2025-08-11 (AgendaPacket), dated August 11, 2025 from Town of South Haven charter. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does New Everett Park Phase Ii Llc hold?

New Everett Park Phase Ii Llc 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 New Everett Park Phase Ii Llc's profile

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