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Town says $17 million earmarked for structured parking as design phase begins
Summary
Town staff told the board $17 million is available for the structured parking element of Town Square, with about $2 million for design; final construction costs will depend on bids and may change the current 504‑space sizing.
Board members discussed funding and design for a planned structured parking facility downtown. Don Thomas said the town currently has "$17,000,000 available for that part of the project," with approximately $2,000,000 allocated for final design and the remainder intended for construction depending on bid results.
Thomas noted prior sizing estimates from the 1995 plan and later work; the current design sizing discussed at the session was about 504 spaces but earlier documents referenced 589 spaces. He discussed options for modular construction (allowing later expansion) versus cast‑in‑place construction and mentioned a possible police substation within the garage. Thomas and council members also outlined mitigation for downtown access during construction, including a shuttle funded by the parking district fund and possibly sponsorships for operations.
No formal procurement or contract award occurred during the work session. Thomas said final construction costs will be known after the town issues bids and receives responses.
