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Aztec staff outlines $24M cost for East arterial; award expected in August, city pursues supplemental funding
Summary
City staff told the Planning & Zoning Commission that the low bid for the East Arterial project arrived above estimate (~$19M), producing a roughly $6–7M funding gap; staff said the city can use reserves to move forward while pursuing supplemental funds and plans to present the award for approval in mid‑August.
City planning staff provided a detailed update on the East Arterial project, telling commissioners that the lowest responsible bidder returned an amount higher than the city’s available budget and that a gap remains between the bid and the total cost once contingencies and mitigation items are included.
Staff said the low bid was ‘‘over $19,000,000’’ while the city had approximately $17.5 million…
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