River Ridge board approves $2.5 million tax-exempt term note at 5.32%
The River Ridge CDD board voted to ratify loan documents and a revised term sheet for a $2.5 million Series 2026 tax-exempt term note, setting the final interest rate at 5.32%; unaudited financials through May 31, 2026 were accepted.
The full story
The River Ridge Community Development District Board of Supervisors voted June 23 to execute documents and ratify a resolution approving a $2.5 million Series 2026 Gulf Coast Business Bank tax-exempt term note with a final interest rate of 5.32%.
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