Board approves $2.5M term note amid monument cost increase
River Ridge staff reported monument bids jumped from $250,000 to $631,000; the board approved a Gulf Coast Business Bank tax-exempt term note for $2.5 million subject to amending an acceleration clause and finalizing documents, and authorized the chair to execute.
The full story
Eric Long told the board that the bid for four entry monuments rose from $250,000 to $631,000 and that the new figure was not itemized and excluded landscaping. District counsel and staff discussed proceeding with permitting and possibly delaying the monument portion of the project.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in