26-1488: Resolution to Approve DDA Disbursements July 2026

Description

Resolution to Approve DDA Disbursements July 2026

Summary

The July 2026 Ann Arbor Downtown Development Authority (DDA) expense report records $4,429,967.99 in payments. Major expenses include parking operations ($729,202.95), meter rent paid to the City of Ann Arbor ($1,180,454), restoration ($600,805.18), construction and land improvements, engineering services, payroll, and transportation grants. The report also lists grants, public art, legal, technology, maintenance, and community outreach costs. Payments affect DDA operations, contractors, artists, partner agencies, the City, and related public institutions. Spending was allocated mainly to the DDA Parking Fund ($2.41 million), General/TIF Fund ($1.12 million), and Parking Capital Improvement Fund ($902,656), with smaller amounts for housing and public art. The report supports public oversight of how DDA revenues are used.