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Council flags $2.9 million bid for Grant Line Road building, approves accounting clean‑up
Summary
County staff told the council a second construction bid for the Grant Line Road building was about $2.9 million; the council moved to reclassify prior charges into a professional‑services line and to secure the asset while funding options are evaluated.
County staff briefed the Floyd County Council about the Grant Line Road building and a high construction bid that may require scaling the project or identifying new funding sources.
Stanley said the request before the council was primarily an accounting clean‑up: moving previously charged items into a professional‑services line so the fund accurately reflects consulting and payment history. He told the council that a prior accepted bid had been rejected and that “the second bid right now is $2,900,000.”
Stanley said the county is working with the contractor to try to scale back the scope if necessary, but that the council and commissioners will need to explore funding options if the price holds. He asked the council to approve an interim appropriation to cover prior consulting and utilities so the building remains secured; the motion to reclassify and appropriate those existing expenses (item 2F) carried.
Council discussion centered on options for funding a large construction contract and on protecting the county asset while next steps are developed. Stanley said staff can provide invoices and line‑item access on request and will return with funding options for further deliberation.
Next steps: staff will reconcile the fund line items, continue discussions with the construction firm about scope and cost reductions, and present potential funding scenarios to the council.
