Board approves $2.5 million tax‑exempt term note; monuments project may be delayed
Facing an unexpected rise in monument bids, the Board approved a $2.5 million tax‑exempt term note—subject to editing the acceleration clause and final documentation—and discussed phasing or delaying the monuments to manage cost increases.
The full story
The River Ridge Community Development District board voted to approve a Gulf Coast Business Bank tax‑exempt term note financing $2,500,000 at its May 26 meeting.
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