Parrot Island Waterpark Project Faces Budget Concerns
The water slides planned for Parrot Island Waterpark in Fort Smith, initially estimated to cost $2.1 million for acquisition and installation, may now exceed $6.3 million.
Acting Fort Smith City Administrator Jeff Dingman revealed during the Fort Smith Board of Directors meeting that the low bid to install the slides was $2.8 million.
The city only has $650,000 remaining from the initial $4.2 million approved for the project, raising concerns about the budget.
The budget-busting news is an I-told-you-so moment for at least two city directors.
- Initial cost estimate: $2.1 million
- Current estimated cost: over $6.3 million
- Remaining budget: $650,000
Author's summary: Waterpark project faces budget concerns due to increased installation costs.