So the first phase of the waterfront development is going to cost another $8.6 million more than originally planned.
That makes it about $15 million over the original budget.
Is there any surprise a large portion of the community is up in arms?
While cost overruns are an unfortunate part of the mix on any project of this magnitude, it’s something the public should have been made aware of much sooner.
All along city officials have said that the project is on time and on budget.
Now it appears the new marina, which boaters were counting on, will either have to wait or be scrapped altogether.
What’s even more disturbing is that council seemed to have been caught just as far off guard as the rest of the public.
Coun. Mark Bentz, the chairman of the waterfront development committtee, said he wishes council had been given a little more warning.
Huh?
How does the chairman of the committee overseeing be left in the dark over something so substantial as an $8.6-million cost overrun?
Mayor Keith Hobbs is on record questioning the leadership behind the project.
Others have called it a lesson to learn from. Well, from this standpoint, that’s a mighty expensive student loan the city has been asked to cover.
That makes it about $15 million over the original budget.
Is there any surprise a large portion of the community is up in arms?
While cost overruns are an unfortunate part of the mix on any project of this magnitude, it’s something the public should have been made aware of much sooner.
All along city officials have said that the project is on time and on budget.
Now it appears the new marina, which boaters were counting on, will either have to wait or be scrapped altogether.
What’s even more disturbing is that council seemed to have been caught just as far off guard as the rest of the public.
Coun. Mark Bentz, the chairman of the waterfront development committtee, said he wishes council had been given a little more warning.
Huh?
How does the chairman of the committee overseeing be left in the dark over something so substantial as an $8.6-million cost overrun?
Mayor Keith Hobbs is on record questioning the leadership behind the project.
Others have called it a lesson to learn from. Well, from this standpoint, that’s a mighty expensive student loan the city has been asked to cover.
