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River Ridge reviews long-range plan for gatehouses, monuments and backup well; flags need for ~ $2.5M loan
Summary
The board reviewed a revised Long Range Plan that includes gatehouse renovations (FY2026 estimate $615,775), replacement of four neighborhood monuments (estimated $250,000) and a $291,500 backup irrigation well near completion; staff said CIP changes would likely require a loan of approximately $2.5 million.
Board members reviewed the revised Long Range Plan for Pelican Sound gatehouses and neighborhood monuments and discussed timing, permitting and financing needs at the April 28 meeting.
Eric Long distributed the Long Range Plan and reported that the Traffic Calming Project was completed at a cost of $26,739 and that the backup irrigation well has an estimated additional cost of $291,500 and is near completion; Long said he "anticipates the additional well will be the CDD’s primary well and the other well will be secondary." The board discussed monument replacement (probable cost $250,000 for four monuments), gatehouse renovation cost estimates ($615,775 in FY2026; $407,240 in FY2027), permit submissions to the Village of Estero, and procurement thresholds (gatehouse work exceeds the $550,000 sealed-bid threshold).
District staff noted that the overall CIP change will likely necessitate financing; Mr. Adams said the change "will necessitate a loan of approximately $2.5 million." Staff will submit permit applications and proceed with required bidding and coordination with Village and SFWMD approvals.
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