River Ridge approves $2.5 million tax-exempt term note, delays monuments
The River Ridge CDD approved a $2.5 million tax-exempt term note to finance multiple projects but acknowledged a verbal monument bid increase and conditioned the approval on amending an acceleration clause and finalizing documents.
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The River Ridge Community Development District Board voted to approve a Gulf Coast Business Bank tax-exempt term note financing $2,500,000, subject to amending the note's acceleration clause and finalizing documents before execution.
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