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The Straw That Broke the Carmel’s Back

Carmel residents are outraged today over the estimated cost overruns regarding the Keystone Avenue Redevelopment project.  The road reconstruction was supposed to cost about $90 million, but that actual figure is closer to $150 million.

Carmel Mayor Jim Brainard told the Carmel City Council last night that he never promised that the project would run $90 million, but that it could.  That is not sitting well with some Carmel residents who are already upset with the city’s spending and it could lead to a serious challenge for Brainard in 2011.