FINANCIAL_SERVICESAPPROVED

City of Albion Awards Financial Services Contract to Michigan Class Investment Pool (December 2025)

Albion’s FY 2026 budget resolution designates the Michigan Class Investment Pool as an authorized investment vehicle for City funds. This allows the City to place surplus cash in a pooled investment program administered for municipalities.

Status
APPROVED
Document date
December 15, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Michigan Class Investment Pool
Agency
City of Albion · MI

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Designation as depository/investment pool for Fiscal Year 2026 and until changed by Council
Renewal date
2026-12-31
Renewal
Designation is tied to the FY 2026 budget and remains until altered by future council action.
Document type
Agenda
Source document
city_council_regular_meeting_agenda_december_2025.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Albion?

Michigan Class Investment Pool was awarded this financial services contract by City of Albion, as recorded on December 15, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_council_regular_meeting_agenda_december_2025.pdf (Agenda), dated December 15, 2025 from City of Albion. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Michigan Class Investment Pool hold?

Michigan Class Investment Pool 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 Michigan Class Investment Pool's profile

What is City of Albion currently buying?

Explore City of Albion's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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