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

At its June 25, 2024 meeting, the River Ridge Community Development District unanimously adopted Resolution 2024-05 to amend the use of proceeds for its Improvement Revenue Note, Series 2024, and authorized a First Amendment to the Loan Agreement with Synovus Bank.

District Manager Chuck Adams introduced the amendment as part of a revised project scope that will allow loan proceeds to cover drainage projects and associated contingency work. On a motion by Supervisor Kurt Blumenthal and a second by Supervisor Terry Mountford, the Board adopted Resolution 2024-05 with all in favor.

Following that action, District Engineer Charlie Krebs presented MRI Construction, Inc.’s estimate of $173,367.78 for dry-retention flow-way ditch cleaning adjacent to River Course Holes #6–#8. The Board voted, on a motion by Mr. Blumenthal and a second by Mr. Mountford, to approve the MRI estimate. The motions were recorded as unanimous with the Board noting the work falls within the revised Series 2024 project scope funded by the loan amendment.

The meeting record does not provide an itemized breakdown of the MRI estimate or a separate amendment directive specifically earmarking dollars for Pinehurst; staff said loan proceeds would cover drainage projects and that the revised scope would include irrigation contingencies. The District asked the engineer to return with any required easement documents and to provide a written plan and estimated timeline for the Pinehurst-related work.