City of Cadillac City Council Agenda 2026-05-18
Brownfield TIF Approved for Dunkin Redevelopment
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Description
Berry Dakroub Enterprises, LLC secured approval for a Brownfield Plan to redevelop 1011 S. Mitchell Street into a Dunkin outlet with an estimated $800,000 investment. The plan allows reimbursement of up to $327,050 in eligible costs via tax increment financing over up to 12 years.
Contract Details
Contract Amount
Estimated private investment $800,000
Vendor
BERRY DAKROUB ENTERPRISES LLC
Agency
City of Cadillac, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Tax increment reimbursement period up to 12 years
Renewal Date
2038-12-31
Renewal Info
Brownfield tax increment capture authorized for a maximum of 12 years or until full reimbursement of eligible activities, whichever occurs first.
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