Updated Five Flags Cost Proposal Discussed Tonight

A consultant’s updated analysis of capital and operating costs for an expanded and improved Five Flags Civic Center has been completed and will be discussed by the Dubuque City Council at their meeting this evening. The city council requested this updated analysis in order to more appropriately plan for a potential public referendum for the project.  If the city council chooses to pursue the project, a public referendum would be required and the soonest a public referendum vote could be held is September 13th. The previous estimate for a total project cost was $74.3 million.  The updated analysis increases that estimate to $89.7 million, an almost 20.7% increase.