Tuesday, October 28, 2014

Lansing ballpark renovation project $3M over budget

Lansing ballpark renovation project $3M over budget
Renovations to downtown Lansing’s minor league ballpark will cost up to $3 million more than budgeted.
As a result, a project to outfit Cooley Law School Stadium — home to the Lansing Lugnuts — with new locker rooms, scoreboards, concessions areas and other upgrades will have to rely on more private funding and more money borrowed in bonds, Mayor Virg Bernero’s administration said today.
...The project initially was estimated at $22 million.
Lansing said it would issue up to $11 million in bonds to pay for most of the upgrades at the city-owned stadium.
But the lowest bids came back nearly $5 million above early cost estimates, Bernero’s office said.

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