River Ridge CDD advances gatehouse and monument plan; estimates suggest need for ~$2.5M loan
Board reviewed a revised long‑range plan that includes monument replacements ($250,000), gatehouse renovations (FY2026 $615,775; FY2027 $407,240), a Phase III paver allocation of $125,000, and noted the CIP changes will likely require a construction loan of approximately $2.5 million.
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Eric Long presented a revised Long Range Plan addressing gatehouse renovations, neighborhood monument replacements and associated site work. Long reported an estimate of probable cost to replace four monuments of $250,000; gatehouse renovation estimates of probable cost are $615,775 for FY2026 and $407,240 for FY2027. A Phase III paver allocation of $125,000 was identified for the main gate, and other components were deferred to FY2030.
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