FINANCIAL_SERVICESAPPROVED

Mason County Awards Financial Services Contract to Mercantile Bank (September 2026)

Mercantile Bank sought consent for a security interest tied to Railview Lofts' brownfield incentives. The documents reference a $19.5 million construction loan and up to $5,958,661 in TIF reimbursements.

Document date · September 1, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
up to $5,958,661
Contract type
FINANCIAL_SERVICES
Contract term
Recapture period commencing with the first full year after completion of the Project and ending not later than December 31, 2049; 23 years maximum income/rent restricted term referenced
Renewal date
2049-12-31
Renewal
Security agreement prevents modification of incentive documents without the bank's prior written consent and allows direct payment upon default.
Document type
AgendaPacket
Source document
Mason County Brownfield Redevelopment Authority AgendaPacket September 1, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Mason County?

Mercantile Bank was awarded this financial services contract by Mason County, as recorded on September 1, 2026. The contract value is up to $5,958,661.

How much is the Mercantile Bank contract with Mason County worth?

The Mercantile Bank contract with Mason County is valued at up to $5,958,661, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Mason County Brownfield Redevelopment Authority AgendaPacket September 1, 2026 (AgendaPacket), dated September 1, 2026 from Mason County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mercantile Bank hold?

Mercantile Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Mercantile Bank's profile

What is Mason County currently buying?

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