CONTRACTAPPROVED

Union City Community Schools Awards Financial Services Contract to Michigan Finance Authority (June 2026)

Union City Community Schools logoUnion City Community Schools
Disclosed value
Not to exceed $800,000 (purchase price not less than 97% of principal)
From resolution
Approved
Jun 23, 2026
Renews
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The 30-second brief

What it covers

Union City Community Schools authorized issuance and sale of up to $800,000 in state aid notes to the Michigan Finance Authority under the August 2026 SAN Loan Program. The short-term notes, dated August 20, 2026, will be repaid from pledged 2026/2027 state school aid and, if necessary, other available funds and tax levies.

Who holds it

Michigan Finance Authority holds this financial services contract with Union City Community Schools. Its other public contracts on record include work for City of Springfield and Farwell village.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Union City Community Schools contract.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $800,000 (purchase price not less than 97% of principal)
Document date
June 23, 2026
Term
Notes dated August 20, 2026, maturing on April 20, 2027, July 20, 2027, and/or August 20, 2027 (or as determined in Exhibit A/Schedule I)
Renews
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Source document
Union City Community Schools Resolution Authorizing Issuance of Notes in Anticipation of State School Aid 2026-06-23 (Resolution)

Michigan Finance Authority's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Union City Community Schools?

Michigan Finance Authority was awarded this financial services contract by Union City Community Schools, as recorded on June 23, 2026. The contract value is Not to exceed $800,000 (purchase price not less than 97% of principal).

How much is the Michigan Finance Authority contract with Union City Community Schools worth?

The Michigan Finance Authority contract with Union City Community Schools is valued at Not to exceed $800,000 (purchase price not less than 97% of principal), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Union City Community Schools Resolution Authorizing Issuance of Notes in Anticipation of State School Aid 2026-06-23 (Resolution), dated June 23, 2026 from Union City Community Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Michigan Finance Authority hold?

Michigan Finance Authority 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 Union City Community Schools currently buying?

Explore Union City Community Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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