Carver County Community Development Agency Board Meeting Agenda Packet April 2026
Trails Edge South Mortgage Payment to Merchants Capital Approved
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Description
The Carver County CDA Board approved a $33,340 mortgage payment to Merchants Capital for the Trails Edge South property as part of March 2026 disbursements. This payment services existing project financing.
Contract Details
Contract Amount
$33,340
Vendor
MERCHANTS CAPITAL
Agency
CARVER county CDA, MN
Contract Type
FINANCIAL_SERVICES
Document Date
April 16, 2026
Contract Term
Mortgage payment in March 2026
Renewal Info
Ongoing mortgage relationship with Merchants Capital until the Trails Edge South loan is repaid or refinanced.
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