City of Charlotte Brownfield Redevelopment Authority Agenda Packet 2026-05-26
Brownfield Reimbursement to Shyft Group for FY 2025-26
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Description
The City of Charlotte Brownfield Redevelopment Authority plans to approve a FY 2025-26 brownfield reimbursement to Shyft Group funded by $119,370 in captured tax increment revenues. This reimbursement supports eligible brownfield redevelopment activities at the Reynolds Road properties.
Contract Details
Contract Amount
$119,370
Vendor
SHYFT GROUP
Agency
City of Charlotte, MI
Contract Type
OTHER
Document Date
May 26, 2026
Contract Term
Fiscal Year 2025-26
Renewal Date
2026-06-30
Renewal Info
Annual brownfield reimbursement based on tax increment capture for FY 2025-26; future reimbursements will depend on subsequent fiscal year captures and BRA approvals.
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