FINANCIAL_SERVICESAPPROVED

Town of Oshtemo charter Awards Financial Services Contract to West Main 1 Llc (August 2026)

Oshtemo Charter Township is approving the West Main 1, LLC Brownfield Plan for the West Main Villages mixed-use development, leveraging tax increment financing to reimburse about $40 million in eligible developer costs over 25 years. The plan also reimburses the Township roughly $439,000 over five years for planned non-motorized path improvements, supporting a $117 million housing and commercial investment.

Document date · August 11, 2026

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

Scope & details

The full contract record, as filed.

Contract amount
Approximately $40,000,000 developer reimbursement; approximately $439,000 Township reimbursement; total capital investment $117,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Developer reimbursement over up to 25 years; Township reimbursement over 5 years beginning in 2027; total Brownfield Plan length 30 years
Renewal date
2058-12-31
Renewal
Brownfield Plan authorizes capture of tax increment for up to 25 years for developer reimbursement and an additional 5 years for Local Brownfield Revolving Fund, with 5-year concurrent Township reimbursement starting in 2027. Any amendments or extensions would require subsequent approvals by the Township Board, KCBRA, County Commission, and state agencies as applicable.
Document type
AgendaPacket
Source document
Oshtemo Charter Township Board AgendaPacket 2026-08-11

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Oshtemo charter?

West Main 1 Llc was awarded this financial services contract by Town of Oshtemo charter, as recorded on August 11, 2026. The contract value is Approximately $40,000,000 developer reimbursement; approximately $439,000 Township reimbursement; total capital investment $117,000,000.

How much is the West Main 1 Llc contract with Town of Oshtemo charter worth?

The West Main 1 Llc contract with Town of Oshtemo charter is valued at Approximately $40,000,000 developer reimbursement; approximately $439,000 Township reimbursement; total capital investment $117,000,000, 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 Oshtemo Charter Township Board AgendaPacket 2026-08-11 (AgendaPacket), dated August 11, 2026 from Town of Oshtemo charter. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does West Main 1 Llc hold?

West Main 1 Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Oshtemo charter currently buying?

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