Oscoda County Board of Commissioners Minutes 2026-05-12
County Funds 2026 Payments on Mercantile Bank Bond
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Description
Oscoda County Board of Commissioners authorized a $254,375 fund transfer to cover 2026 principal and interest payments on the Sheriff's Building bond held with Mercantile Bank. The action reflects ongoing debt service under an existing financing agreement with the bank.
Contract Details
Vendor
MERCANTILE BANK
Agency
Oscoda County, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
Bond for the Sheriff's Building; payments in 2026 referenced
Renewal Info
Existing bond financing arrangement with Mercantile Bank for the Sheriff's Building; 2026 principal and interest payment funded via budget transfer. No renewal or amendment described in this meeting.
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