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River Ridge CDD adopts loan amendment and approves $173,367.78 ditch-cleaning contract
Summary
The River Ridge CDD on June 25 adopted Resolution 2024-05 to amend use of Series 2024 Note proceeds and approved MRI Construction, Inc.'s $173,367.78 estimate to clean flow-way ditches adjacent to River Course holes #6–#8; the motions passed unanimously.
The River Ridge Community Development District Board of Supervisors adopted Resolution 2024-05 on June 25 authorizing an amendment in the use of proceeds from its Improvement Revenue Note, Series 2024, and authorizing the district to enter into a first amendment to the loan agreement with Synovus Bank. The adoption passed on a motion by Mr. Kurt Blumenthal, seconded by Mr. Terry Mountford, with all in favor.
On the same topic of drainage improvements, the board unanimously approved MRI Construction, Inc.'s estimate for dry retention flow-way ditch cleaning adjacent to River Course holes #6 through #8 in the amount of $173,367.78 (motion by Mr. Blumenthal, seconded by Mr. Robert Twombly). Minutes record the engineer presented the scope, answered questions about debris removal, control structures and funding, and staff confirmed loan proceeds will cover drainage projects as part of the revised scope.
A related item — a revised project scope for the Series 2024 Note — was presented and noted as having been addressed earlier in the meeting. The board approved the two formal actions without recorded dissent; vote tallies were unanimous among supervisors in attendance. No contract award beyond the estimate approval was recorded at the meeting; staff will proceed with the next procurement steps and contract documents as appropriate.
