Meeting Time: August 11, 2021 at 7:00pm EDT
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Agenda Item

10.A) Renaissance Drive Project: Staff is in receipt of the final pre-bid estimate that has a shortfall of $1,016,165.05. A portion of this shortfall may be funded by transfers from other revenue sharing projects and the remaining current anticipated difference would require local funds of approximately $364,083. Staff identified proposed sources of local funds including Fund 27 (projects fund) and the transportation reserve fund.    The Committee recommends the Board of Supervisors allow the project to move forward to bid with the understanding that the shortfall would be covered with a combination of revenue sharing transfer and the identified budgeted Transportation funds.