River Ridge CDD approves $2.5 million tax-exempt note at 5.32%
The board authorized execution of documents for a $2.5 million Series 2026 tax-exempt term note with Gulf Coast Business Bank at a final interest rate of 5.32%, and accepted updated capital project projections.
The full story
The River Ridge Community Development District Board of Supervisors voted June 23 to execute all documents needed to close a $2.5 million Series 2026 Gulf Coast Business Bank tax-exempt term note at a final interest rate of 5.32%. The motion, made by Mr. Blumenthal and seconded by Mr. Twombly, passed with all supervisors in favor.
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