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Council approves $95,000 service agreement with Target Alpena Development Corporation
Summary
Council approved a FY2026–27 services agreement budgeting $95,000 to Target Alpena Development Corporation for economic development, housing and small-business support, with staff corrections to several contract cross-references.
City staff presented a services agreement that would provide $95,000 in budgeted funding to Target Alpena Development Corporation for fiscal year 2026–27 in exchange for semiannual performance and financial reporting and services supporting economic development, housing initiatives and small-business support. City Manager Rachel (S1) noted two technical corrections to contract cross-references in sections 5 and 6 and recommended approval with those edits.
Council moved and approved the service agreement and authorized the mayor and city clerk to execute the contract on behalf of the city, with the recommended corrections. The agreement requires quarterly payments contingent on satisfactory performance and continued reporting to the city.
