PIERRE — The City of Pierre is ready to build a pool. The Pierre City Commission reviewed and approved the only bid for construction of a new outdoor municipal pool and water park Tuesday night. City Administrator Kristie Honeywell says, as expected, the bid was higher than estimates…
That bid is some five-million dollars over the 13-million dollar original estimate and one-point-five million less than the city’s original estimate for just a basic pool facility. In August of 2020, Pierre restructured financing to take advantage of low interest rates. Mayor Steve Harding says residents will not have to saddle the higher cost of the pool…
Harding says the use of reserves has been a part of the funding the whole time…
Honeywell says the Commission could have rejected the bid, but the likelihood of rebidding and getting a lower bid was not likely given current economic conditions.
