YUBA CITY – Yuba City is scaling back on its vision to revitalize Water Tower Plaza as prices have soared far beyond what was estimated just a few years ago.
The once $1 million plan to revamp the area beneath the iconic and historic water tower on Plumas Street has doubled in cost.
"This is a classic example of rising inflation. The bid was 3-4 years ago, things have gone up and therefore we're having to scale back the project," said Dave Shaw, mayor of Yuba City.
Yuba City has $1.1 million left from a state grant to create a community-oriented plaza beneath the water tower.
"That price tag is now coming in at about $2.2 million. So we've gotten creative and we've been working with the contractor we awarded the contract to," Shaw said.
"We gave ourselves options in case there was