River Ridge board amends Series 2024 loan and approves $173,367.78 ditch-cleaning contract
The River Ridge CDD adopted Resolution 2024-05 to amend use of Series 2024 note proceeds and unanimously approved an MRI Construction, Inc. estimate of $173,367.78 for dry-retention flow-way ditch cleaning adjacent to River Course holes #6–#8.
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At its June 25 regular meeting the River Ridge Community Development District board 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 noted purchaser.
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