River Ridge CDD adopts loan amendment, approves $173,367.78 ditch‑cleaning contract

Jun 25, 2024

At its June 25 meeting the River Ridge CDD adopted Resolution 2024‑05 to amend use of Series 2024 Note proceeds and approved an MRI Construction, Inc. estimate of $173,367.78 to clean dry retention flow‑way ditches adjacent to River Course holes #6–#8; both votes passed unanimously on motions recorded in the minutes.

The full story

The River Ridge Community Development District board on June 25 adopted Resolution 2024‑05 to amend the use of proceeds from its Improvement Revenue Note, Series 2024, and authorized a first amendment to the loan agreement with Synovus Bank, the note purchaser.

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