On September 5, 2023, the City Council approved the first reading of the ordinance.
I. Amend Capital Improvement Project 92711, Fire Station 20, and appropriate funding in the amount of $3,000,000, from $7,645,000 to $10,645,000. Funding will be from Tax Notes.
Capital Improvement Project 92711, Fire Station 20, was initially allocated a budget of $493.77 per square foot. However, due to open requisition process receiving only one sole bid, the cost per square foot escalated to $748.98, representing an overage of 51.6% against the original budget. Following negotiations, Lubbock Fire Rescue successfully reached a consensus, resulting in a finalized cost of $600 per square foot. This resolution, however, produced a budgetary gap of $2.1 million that warrants consideration. |
