River Ridge CDD approves $2.5M term note at 5.32% and ratifies related documents

Jun 23, 2026

The River Ridge Community Development District unanimously approved executing documents for a $2.5 million Series 2026 tax‑exempt term note with Gulf Coast Business Bank at a final rate of 5.32%, and the Board expects the approved motion to be assigned Resolution 2026‑05.

The full story

The River Ridge Community Development District Board unanimously approved executing all documents and ratifying a resolution to accept 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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