River Ridge CDD approves $2.5 million Series 2026 tax‑exempt term note at 5.32%
The board ratified the revised term sheet and authorized execution of loan documents for a $2.5 million Series 2026 Gulf Coast Business Bank tax‑exempt term note at a final rate of 5.32%; Mr. Adams indicated the action will be Resolution 2026‑05.
The full story
The River Ridge board approved executing the revised Term Sheet, Loan Agreement and Note for a $2.5 million Series 2026 tax‑exempt term note with Gulf Coast Business Bank and ratified the associated resolution, with a final interest rate of 5.32%.
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