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DDA forms subcommittee after single $4.2M bid for 5th Street pedestrian plaza
Summary
The Royal Oak DDA on Jan. 21 reviewed a lone $4.2 million bid for the 5th Street Pedestrian Plaza, heard concerns about the price and single-bid procurement, and voted to pursue grants and form a special committee to vet the bid and financing before deciding whether to proceed this year.
The Royal Oak Downtown Development Authority on Jan. 21 reviewed a single contractor bid of $4,200,000 to build the long‑planned 5th Street Pedestrian Plaza and voted to form a special subcommittee to investigate cost drivers and potential funding options.
Executive staff told the board the bid was substantially higher than earlier estimates and the DDA’s current fiscal-year allocation. The DDA budget included $1.3 million for the project this year and a $2.6 million carryover; staff said the city’s capital improvement program has committed $519,201 for water‑main replacement and the…
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