Mayor D.C. Reeves’ Reimagine Palafox passed its final approval with a 5-2 vote by the Pensacola City Council last night. Council members Charles Bare and Jennifer Brahier opposed the funding plan and construction contract recommended by the Community Redevelopment Agency.
- Details: That City Council awarded the base bid portion of Bid 25-045, SOUTH PALAFOX PEDESTRIAN IMPROVEMENTS to Site and Utility, LLC of Pensacola, FL, the lowest and most responsible bidder with a base bid of $7,687,942.50, plus a 10% early completion incentive of $768,794.25 (by May 24, 2026), plus a 10% contingency of $768,794.25 for a total of $9,225,531.00.
Funding:
The funding within the 2019 Urban Core Bond Fund and CRA Fund will be reappropriated from the following line items to complete the project:
$4,316,956.00 2019 Urban Core Bond Fund – Hashtag Phase 1 Construction…