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Panel approves $791,342 transfer to Greenwood Pool Pavilion after cost update
Summary
The committee approved moving $791,342.51 from a canceled School Street School demolition to a Greenwood Pool Pavilion project after staff presented a revised estimate (~$782,970) citing Buy America requirements and construction inflation; the sale of the School Street property remains pending.
The CED Steering Committee voted Nov. 25 to transfer up to $791,342.51 in CDBG funds from the cancelled School Street School demolition project to a new Greenwood Pool Pavilion project.
Assistant Director (Speaker 2) presented a revised cost estimate of $782,970 and told the committee the increase was driven in part by Buy America requirements and higher construction costs. "In your packet, you have a revised estimate from Ty and Dawn,…
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