Wadsworth City Council - June 2, 2026

The Wadsworth City Council Committee of the Whole Finance meeting on June 2, 2026, focused heavily on the downtown infrastructure project, specifically discussing a guaranteed maximum price (GMP) proposal that came in at $17.6 million, exceeding the authorized budget by $4.4 million or 33%. The council reviewed detailed cost variances across multiple project categories and expressed concerns about the high GMP without sufficient justification for each line item. The recommendation was to not proceed with the current GMP and instead consider reissuing the project for bids either through a Construction Manager at Risk (CMAR) process with more complete plans or a traditional design-bid-build approach. The discussion included the potential need for an owner's representative if moving to design-bid-build to manage construction and control costs. Additionally, the council discussed debt issuance related to the project, noting a reduction in bond amounts and favorable interest rates. Other agenda items included ordinances related to fund transfers for park improvements and authorizing contracts for sanitary sewer overflow reduction design services. Public comments addressed parking issues in downtown and concerns about ordinance impacts. The meeting concluded with committee reports and scheduling of future meetings.