Re: Cadillac Lofts Development and Reimbursement AgreementDevelopment and Reimbursement Agreement • May 15th, 2025 • Michigan
As part of the original Brownfield Plan and EGLE Brownfield Grant, a Development and Reimbursement Agreement was executed between Cadillac Lofts and the City of Cadillac Brownfield Redevelopment Authority that outline the terms and conditions for Brownfield Tax Increment Financing (TIF) capture and reimbursement, as well as for EGLE Grant reimbursements and compliance with all terms of the EGLE Grant.