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Council approves $6.78M water-pipeline contract and reallocates $2.8M in bond interest to CIP projects
Summary
Scottsdale Council awarded a low-bid construction contract for a zone 4 water pipeline and approved reallocating about $2.8 million in bond interest earnings to six capital projects per the Citizens Bond Oversight Council recommendation.
The Scottsdale City Council on Dec. 1 approved a construction contract and made capital budget adjustments tied to bond interest earnings.
Staff recommended adoption of Resolution No. 3,13551 to authorize Contract No. 26IFB018 with TF Contracting Services LLC for up to $6,776,999 to construct about 4,200 linear feet of 16-inch and 36-inch water pipeline in the area north of Loop 101 east of Hayden Road. City engineering staff said the project will improve water…
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