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Two Burlington bond project cost estimates come in far higher than amounts voters approved

Summary by alamancenews.com
Burlington’s city council has indefinitely postponed the sale of $17 million in bonds due to precipitous cost increases in two recreation projects that they were intended to bankroll. The five-member council reached a consensus on Monday to shelve these particular bonds, which were scheduled to be issued later this month to fund a new superstructure for the Maynard Aquatic Center (MAC) and an expansion of Burlington’s Paramount Theater. In each …
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alamancenews.com broke the news in on Thursday, April 17, 2025.
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