Village Cashes Out Mercantile Bank CDs for Project Bond
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Description
Sunfield Village Council authorized cashing out four Mercantile Bank CDs tied to water and sewer funds to support financing for upcoming lift station and well projects. The action reallocates invested funds into the village’s planned bond funding strategy.
Contract Details
Vendor
MERCANTILE BANK
Agency
Sunfield village, MI
Contract Type
FINANCIAL_SERVICES
Document Date
April 20, 2026
Renewal Info
CDs are being cashed out; no renewal or rollover is planned under this action.
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