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Council allocates $1 million in impact fees to cover North Milwaukee shortfall
Summary
Lubbock staff told council bids for the North Milwaukee bond project left a budget gap; council approved reallocating $1 million from Service Area A impact fees plus other transfers to raise the appropriation and keep the project on schedule.
City staff told the Lubbock City Council on Oct. 14 that bids for the North Milwaukee bond project created a funding shortfall and recommended a series of internal transfers to cover the gap. Assistant City Manager Eric Regino said the low construction bid shown in staff materials was $16.3 million and the other bid was $18.77 million; staff estimated the project, without contingencies, at about $19.63 million.
Regino outlined a staff plan that…
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