CCTA/KCTA Joint Regular Meeting Agenda Packet December 2025
Authority to Lease Parking Spaces from County Approved
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Description
The CCTA and KCTA boards are set to approve a long‑term lease with Kalamazoo County Government for parking spaces in a new downtown parking garage at a nominal rate of $1 per year. The 25‑year agreement, with three 25‑year renewal options, will secure staff and public parking plus storage space for Metro operations.
Contract Details
Contract Amount
$1 per year
Vendor
KALAMAZOO COUNTY GOVERNMENT
Agency
Kalamazoo County Transportation Authority, MI
Contract Type
FACILITIES
Document Date
December 8, 2025
Contract Term
25-year initial term with three additional 25-year renewal options
Renewal Info
Master lease provides an initial 25‑year term with three successive 25‑year renewal options, allowing up to 100 years of use at nominal rent if all renewals are exercised.
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PAIDIssuing Agency
Kalamazoo County Transportation Authority
Special District
Kalamazoo, MI
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