Local Development Finance Authority (LDFA)

Meeting Times


Periodically as needed and noticed.
August 13, 2020 Informational Meeting Notice

​Meeting Minutes

To access the minutes, Click Here.

Members


  • Jeff Budd 
    Term: October, 2019 - October, 2022
  • Terry Whelan 
    Term: October, 2015 - October, 2021
  • Caroline Lowe 
    Term: June, 2006 - October, 2024
  • Kristine Jenkins 
    Term: October, 2019 - October, 2023
  • Kurt Miller
    Term: June, 2006 - October, 2024
  • Bud Norman
    Term: October, 2008 - October, 2022
  • (Vacancy)

Term Length


Authority Member term length is 4 years.

​Current Projects

LDFA 6

Bond payments began in 2016 and will extend to 12/2040. These payments are the result of debt issuances tied to the water and wastewater services which were extended to the property.

​Accomplishments

LDFA 6


Water service was extended from the City to the LDFA district. A forced main sanitary line was constructed from the District to the Coldwater wastewater reclamation facility, and Fiske Road was extended from Newton Road to Jonesville Road.

  • 4.5 miles of water main
  • 6 miles of sanitary forced main
  • 1 mile of road extension
  • 1 new electrical substation
  • Upgrades at Wastewater Treatment Plan

Contracts

None at this time.