CAPE GIRARDEAU, MO (KFVS) - The Cape Girardeau City Manager says overhauling Broadway from Southeast Missouri State University to the riverfront is worth the extra money it will cost to get the job done.
Monday night, the City Council accepted the $4.4 million bid submitted by Fronabarger Concreters, which came in 20.6 percent over the engineer's estimate of $3.6 million.
"The estimate didn't take into account the aggressive schedule which we are holding them to," Meyer said. "And so that cost us more. And then with the petroleum products, that drove up the cost a little bit too."
Assistant City Manager Kelly Green says the city already had $2.8 million allocated in the fourth phase of the Transportation Trust Fund for Broadway improvements before Isle of Capri selected Cape as the site for its next riverfront casino.
Isle purchased land from the city for the casino, with $1 million of the sale price going toward amenities along Broadway, including benches, trees, and a sidewalk promenade.
With Fronabarger's bid accepted at $4.4 million, Meyer says the city will take $800,000 out of the TTF Contingency Fund to make up the difference.
Meyer says the move will not impact future projects, or the other projects in TTF 4, including work to Bloomfield Road, West End Boulevard, and the expansion of Veteran's Memorial Drive to Hopper Road.
Fronabarger will face substantial penalties, Meyer explains, if certain benchmarks and dates are not met.
Work is expected to start in the next few weeks.
Fronabarger is expected to have the work substantially completed, meaning street, gutter, and sidewalk work finished, by November 5, or face a $6000 per day penalty.
The entire project, including amenities like benches and trees, must be completed by April 1, 2013 or Fronabarger faces a $5000 per day penalty.
Construction crews will work two blocks at a time, starting at the riverfront and moving west toward Pacific.
No single block of Broadway can be closed for more than 21 consecutive days, or Fronabarger faces a $10,000 per day penalty.
Every business and home must have access during the construction, either from a front, side, or rear entrance.
"We feel we've done all we can to minimize the disruption," Meyer said.