River Ridge CDD approves $2.5 million Series 2026 note at 5.32% interest
The River Ridge CDD Board approved executing documents and ratifying a resolution for a $2.5 million Series 2026 tax‑exempt term note at a final interest rate of 5.32%, and directed updates to capital improvement projections.
The full story
The River Ridge Community Development District on June 23 approved executing all necessary documents, ratifying a resolution, and accepting the revised Term Sheet, Loan Agreement and Note for a $2.5 million Series 2026 Gulf Coast Business Bank tax‑exempt term note at a final interest rate of 5.32%.
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