Description
08-27-2026 Meeting Minutes
Summary
The August 27, 2026 Ann Arbor Local Development Finance Authority (LDFA) meeting minutes document actions involving SPARK, the city’s economic-development partner. The seven-member board approved the agenda and prior minutes, reviewed SPARK invoices, and approved a $25,000 amendment to the 2027 budget. The funds will move from mobility support to central infrastructure, including relocation of an IT closet, subject to contract requirements for capital expenditures and budget increases. The board also approved writing off uncollectible micro-loan balances, closing that program and returning about $10,000 in operating cash. An annual report on job creation and geographic distribution was scheduled for September 24. The meeting also continued discussion of electing a treasurer. Public comment is allowed, and accessibility services are available through the City Clerk.
Questions about this legislation
No questions yet.