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River Ridge board adopts loan amendment, approves $173,367.78 ditch‑cleaning estimate

River Ridge Community Development District Board of Supervisors · June 25, 2024
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Summary

The River Ridge Board of Supervisors adopted Resolution 2024‑05 to amend the use of Series 2024 Note proceeds and unanimously approved a $173,367.78 MRI Construction estimate for dry retention flow‑way ditch cleaning adjacent to River Course holes #6–#8; the board also approved minutes and referred littoral removal to the Fining Committee.

The River Ridge Community Development District Board of Supervisors unanimously adopted Resolution 2024‑05 on June 25, 2024, authorizing a first amendment to its loan agreement with Synovus Bank to revise the project scope and allow use of Series 2024 Note proceeds for drainage work.

Kurt Blumenthal moved to adopt the resolution; Terry Mountford seconded and the motion passed "with all in favor." District Manager Chuck Adams told the Board that loan proceeds will cover the drainage projects and that staff included the irrigation project with a 10 percent contingency.

Immediately following that action, the Board approved an estimate from MRI Construction, Inc. for dry retention flow‑way ditch cleaning adjacent to River Course holes #6 through #8 in the amount of $173,367.78. The motion to approve the MRI estimate was made by Mr. Blumenthal, seconded by Mr. Twombly and approved unanimously.

Other procedural business during the meeting included approval of the May 28, 2024 regular meeting minutes as amended and a motion recommending the Fining Committee review and take action against homeowners who removed littorals from a lake bank; both motions passed unanimously.

A separate discussion about a proposed new well continued without action; Eric Long reported a revised McCullers Construction Services estimate of $277,550 for a new well and staff said the well item will return for future consideration.

The Board set its next meeting for July 23, 2024 at 1:00 p.m.; staff said the Lake & Dry Retention Audit Report will be included in that agenda.