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Public Works: 2011 road-repaving bond largely spent; pavement condition improving
Summary
Public Works told the GOBOC that the 2011 Road Repaving and Street Safety Bond ($248 million) is roughly 83% expended or encumbered, the Pavement Condition Index rose from about 65 to 69, and a handful of contracts and closeouts remain.
Public Works Deputy Director John Thomas told the General Obligation Bond Oversight Committee that the 2011 Road Repaving and Street Safety Bond was approved by voters at $248,000,000 and has been expended or encumbered at roughly 82.66% ($206,700,000) with about $21,000,000 remaining largely for labor and final contract closeouts.
Thomas outlined the six categories funded by the bond and said 46 of 50 paving contracts are complete and 1,305 of…
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