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Lake Clarke Shores approves budget amendments and final change order to close out Pine Tree Lane bridge
Summary
Council approved a budget amendment to fund the recently completed Pine Tree Lane bridge, identifying funding from surtax, utilities, loan proceeds, gas tax and general reserves, and authorized a final change order totaling $62,978.16 to close out the project.
The Town Council of Lake Clarke Shores voted on Nov. 11 to amend the town’s fiscal 2024–25 budget to cover the final costs of the recently completed Pine Tree Lane bridge and to approve a final contractor change order.
Town Manager Joe told the council the closeout requires roughly $2.9 million in total funding. He said proposed sources include $945,000 from the county surtax fund (the 1¢ infrastructure surtax), $350,000 from the town’s utilities fund to cover new water and pipe work, $779,000 in loan proceeds from a 2019 low-rate municipal loan, $190,000 from gas-tax proceeds and about $880,000 from the…
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