River Ridge CDD ratifies $2.5 million tax-exempt term note at 5.32%
The River Ridge Community Development District approved execution of documents for a $2.5 million Series 2026 Gulf Coast Business Bank tax‑exempt term note at a final rate of 5.32%, ratifying a revised term sheet and related loan documents.
The full story
The River Ridge Community Development District on June 23 ratified execution of documents for a $2.5 million Series 2026 Gulf Coast Business Bank tax‑exempt term note at a final interest rate of 5.32%. The motion to execute the revised Term Sheet, Loan Agreement and Note was made by Kurt Blumenthal and seconded by Robert Twombly; it passed with all in favor.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
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