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City of Kyle says 2022 road bond program largely on track despite $1.1M projected contingency gap

City of Kyle City Council · October 2, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City officials told council the $294 million 2022 road bond program is progressing, with some projects accelerating and others delayed; City program manager Joe Cantalupo said utility coordination and right-of-way acquisition remain the primary risks and staff are monitoring a roughly $1.1 million projected shortfall in contingency.

The City of Kyle on Oct. 2 received a detailed briefing on the status of its 2022 road bond program, which totals about $294 million. Joe Cantalupo, program manager at Capriessen Associates, told the City Council that while several projects are ahead of the earlier schedule, others have been pushed back and the program is carrying a current, aggregate contingency projection of about $1,100,000 beyond the allocations.

Cantalupo outlined which projects are slipping and which are accelerating. Marketplace Avenue, already out to bid, moved from March 2025 to May 2025 but came in under budget at bid time. BB Road West and a portion of the Old Stagecoach family of projects are now projected to…

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