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River Ridge board adopts loan amendment, approves $173,367.78 ditch‑cleaning contract and other routine business
Summary
At its June 25 meeting the River Ridge CDD adopted Resolution 2024‑05 to amend the Series 2024 note, approved a $173,367.78 MRI Construction estimate for ditch cleaning adjacent to River Course Holes #6–#8, accepted unaudited financials and approved minutes; a $277,550 well estimate was discussed with no action.
The River Ridge Community Development District Board of Supervisors voted unanimously on June 25 to adopt Resolution 2024‑05 amending the District’s Series 2024 note and to approve an MRI Construction, Inc. estimate of $173,367.78 to perform dry retention flow‑way ditch cleaning adjacent to River Course Holes #6–#8.
District Manager Chuck Adams presented the revised project scope and explained that loan proceeds will cover drainage projects; staff had included irrigation work with a 10% contingency in the financing plan. On motion by Mr. Blumenthal, seconded by Mr. Mountford, the board adopted Resolution 2024‑05 authorizing the first amendment to the loan agreement with Synovus Bank and setting the effective date.
Immediately thereafter, on motion by Mr. Blumenthal and seconded by Mr. Twombly, the board approved the MRI Construction estimate of $173,367.78 for ditch cleaning. Both motions passed “with all in favor,” and the transcript records unanimous approval rather than individual roll‑call tallies.
Other items: The board reviewed a McCullers Construction Services & Consulting LLC revised estimate of $277,550 to install a new well and discussed South Florida Water Management District watering restrictions; no action was taken on the well estimate and the item will be reconsidered later. The board also accepted unaudited financial statements as of May 31, 2024, approved amended minutes of the May 28, 2024 meeting after clerical revisions, and approved a recommendation that the Fining Committee review homeowners who removed littorals from a lake bank.
Why it matters: The loan amendment reallocates Series 2024 note proceeds to ensure funding for drainage and related projects; awarding a $173,367.78 contract begins remedial work in key flow‑way areas cited by staff and residents.
What’s next: Engineering and operations staff will supervise the ditch‑cleaning work; easements required for the October improvement phase will be prepared and forwarded to counsel for acquisition, and the Lake & Dry Retention Audit Report will appear on the July agenda.
