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Public Works reports near-complete closeout of 2011 road-repaving and street-safety bond
Summary
Public Works told the City Services Auditor Committee the 2011 $248 million road-repaving and street-safety bond is largely complete: 48 resurfacing contracts finished, four under construction and 95% of planned blocks paved; staff said financial closeout figures are pending and flagged change-order rates for closer review.
Public Works reported to the City Services Auditor Committee that most work funded by the 2011 road-repaving, paving and street-safety bond has finished and that the program is in closeout. John Thomas, Public Works, said the bond — approved in November 2011 for $248,000,000 — has delivered 48 substantially completed resurfacing contracts and four active contracts, representing about 95% of planned blocks paved.
Thomas said the city has completed nearly all streetscape projects tied to the bond, with one large streetscape…
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