River Ridge CDD approves $2.5M tax-exempt term note at 5.32%
The River Ridge Board unanimously authorized executing documents for a $2.5 million Series 2026 tax-exempt term note with Gulf Coast Business Bank at a final interest rate of 5.32%; the financing was presented as part of updated capital projections.
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The River Ridge Community Development District Board on June 23 unanimously approved executing all necessary documents to finalize a $2.5 million Series 2026 Gulf Coast Business Bank tax‑exempt term note at a final rate of 5.32%.
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