FINANCIAL_SERVICESONGOING

Carver County CDA Board of Commissioners Meeting Packet May 2026

Trails Edge South Mortgage Payment to Merchants Capital

$33,340CARVER county CDAMERCHANTS CAPITALMay 19, 2026

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Description

The CDA paid Merchants Capital $33,340 on April 29, 2026 as a mortgage payment for the Trails Edge South property. The payment represents ongoing debt service under the project’s mortgage financing.

Contract Details

Contract Amount

$33,340

Vendor

MERCHANTS CAPITAL

Agency

CARVER county CDA, MN

Contract Type

FINANCIAL_SERVICES

Document Date

May 19, 2026

Renewal Info

Ongoing mortgage repayment obligation for Trails Edge South; maturity date not stated.

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Issuing Agency