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Brownfield Redevelopment Authority Board

August 20, 2026 Final

Agenda — 3 items

  1. Authorize staff and legal counsel, in consultation with the Board Chair, to negotiate and finalize a Development and Reimbursement Agreement for the 116 W Cedar project substantially consistent with the terms of the Brownfield Plan approved by the Authority, and authorize the Board Chair to execute the final agreement, subject to approval as to form by legal counsel.
  2. Approval of a Reimbursement Request for the 116 W Cedar Project in the amount of $340,954.40 and authorize a lump sum payment pursuant to the Eighth Amendment to the Purchase and Sale Agreement.
  3. Adoption of a Resolution Approving and Authorizing the Board Chair or Vice Chair to Execute a Reimbursement Agreement for the Plazacorp Development Project at 261 E. Kalamazoo Ave, 227 W. Michigan Ave, 619 Porter St, and 314/316 E. North Street.

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