INNISFAIL - With the $2.8-million modernization project for the town's administration building nearly complete, council has made a budget adjustment for a cost overrun and a surplus.
“Now that we are approaching completion of the building, which hopefully will be by the end of September, we are working with the contractor and architect and we have a better understanding of what our cost to complete the project will be,” said Frank Colosimo, the town's director of operational services. “We are finding that we may have a shortfall in the building side but we are going to have a surplus with the furniture.”
Council was told on Aug. 28 there was an anticipated $58,524 shortfall on the original $2,525,142 budget for the building construction part of the project. However, council also heard there was an anticipated $178,369 surplus on the projected $250,000 budget for new furniture.
Colosimo said the furniture surplus monies will be returned to town reserves with $65,000 redirected to finish up the administration building.
Once the entire modernization project is complete solar panels will be installed next month at the revamped civic headquarters at a cost of about $50,000. Colosimo said the expenditure has been separately budgeted from the $2.8-million construction budget.
Frank Colosimo, the town's director of operational services
"Now that we are approaching completion of the building, which hopefully will be by the end of September, we are working with the contractor and architect and we have a better understanding of what our cost to complete the project will be."
