Development Corporation of Mercedes Regular Called Meeting Minutes March 2026
Board Orders Acceleration of MD International Loan Note
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Description
The Development Corporation of Mercedes authorized its attorney to accelerate the delinquent loan note with MD International, altering the terms of the existing financing agreement. The action aims to address repayment issues and protect the corporation’s financial interests.
Contract Details
Vendor
MD INTERNATIONAL
Agency
Mercedes Isd, TX
Contract Type
FINANCIAL_SERVICES
Document Date
March 18, 2026
Renewal Info
Existing loan agreement with MD International is being accelerated; this represents a modification of current terms rather than a renewal.
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DISCUSSSEDdevelopment_corporation_of_mercedes_inc_regular_ca.pdf
NAmercedes-isd-meeting-minutes-2024-10-23_995.pdf
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