DDA to Reimburse Township for MDOT Local Match
Town of Independence charterCity · Clarkston, MI- Disclosed value
- Estimated $700,000.00 local share reimbursed by DDA
- From agendapacket
- Document date
- Jun 17, 2026
- Renews
- Free account
The 30-second brief
The Independence Township DDA is entering into a reimbursement agreement with the Charter Township of Independence to cover the estimated $700,000 local match for the MDOT Dixie Highway and White Lake Road intersection project. The DDA will repay the Township in five annual installments of $140,000 beginning in 2027 from tax increment revenues.
Charter Township of Independence holds this financial services contract with Town of Independence charter. Its other public contracts on record include work for City of Village of Clarkston.
The renewal date is on record. A free account shows it, with the renewals for every Town of Independence charter contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Estimated $700,000.00 local share reimbursed by DDA
- Document date
- June 17, 2026
- Term
- Five annual installments of $140,000 starting in 2027, due on or before March 31 each year
- Renews
- Free account
- Source document
- Independence Township Downtown Development Authority Agenda Packet 2026-06-17 (AgendaPacket)
Charter Township of Independence's other public contracts
More Town of Independence charter contracts
Questions about this contract
Who was awarded the financial services contract by Town of Independence charter?
Charter Township of Independence was awarded this financial services contract by Town of Independence charter, as recorded on June 17, 2026. The contract value is Estimated $700,000.00 local share reimbursed by DDA.
How much is the Charter Township of Independence contract with Town of Independence charter worth?
The Charter Township of Independence contract with Town of Independence charter is valued at Estimated $700,000.00 local share reimbursed by DDA, 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 Independence Township Downtown Development Authority Agenda Packet 2026-06-17 (AgendaPacket), dated June 17, 2026 from Town of Independence charter. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Charter Township of Independence hold?
Charter Township of Independence may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Independence charter currently buying?
Explore Town of Independence charter's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.