Buda council hears bond-program update as staff flags $14 million shortfall
The bond program manager told the council the 2021 bond program is about 54.3% complete and highlighted inflation and materials shortages that created a roughly $14 million design shortfall; staff proposed phasing and bid alternates to close gaps.
The full story
The council received a detailed update on the 2021 bond program from the program manager, who said the effort is at its "1100th day" and is about 54.3% complete. He told council members to expect large project bidding next spring and summer and warned that rising costs for steel, concrete and labor have reduced what the bond dollars will buy.
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