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March 14, 2023
CEDAR RAPIDS, Iowa (AP) — High inflation and construction cost spikes are prompting city of Cedar Rapids officials to study the impact of growing expenses on its permanent flood control system.
The Gazette reports that as originally envisioned, the city's massive infrastructure project of flood gates, levees and pump stations is estimated to cost $750 million over an approximately 20-year time span — a figure already adjusted for inflation from the initial $550 million estimate.
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