The Lake Placid Village Board of Trustees on Monday, Nov. 2 voted to award a $10.03 million contract to Kubricky Construction Corporation, a Wilton-based construction firm, for a slate of infrastructure upgrades on Main Street.

The project will see old water pipes rebuilt so they can support increased use, the storm drainage system along the street rebuilt to better protect Mirror Lake from road salt runoff, and a revamp of the street’s look with new sidewalks, more visible crosswalks and green space.

Asked about the contract price — which is $2 million above what the project was previously expected to cost — Trustee Peter Holdereid said the village never really knew for certain how much the project would end up costing.

“It was always a guess,” he said Monday.

The project is mostly funded through state grants.

Mayor Craig Randall attributed some of the additional cost to a contract requirement that the company temporarily halt work in July and August, the busiest months of the summer tourism season. For the company, this means mobilizing its workers and equipment twice per year instead of just once.

This project is expected to last for at least two years, starting in spring 2021. The project may require traffic to be reduced to one way, one lane at times. Traffic may be diverted onto Hillcrest Avenue or Old Military Road.

The Kubricky corporation had the lowest bid among five companies who submitted bids for this project. After reviewing the different bids, the village’s engineer, Ivan Zdrahal, ultimately recommended that the board choose Kubricky for this project.

The board’s decision on Monday comes after years of planning by village officials and months of workshopping with a village-appointed Main Street task force.

“This is really a momentous decision,” Randall said Monday. “It’s got five years of effort in it.”

The project has not been officially presented to the public yet, and the broader community has not yet had the opportunity to weigh in on the project through a public hearing, though the Main Street task force includes people from a variety of industries and parts of the community. Randall has said that a public hearing isn’t legally required for this project.

A presentation of the village’s plans for this Main Street overhaul is slated for Tuesday, Nov. 17. A time hasn’t been set yet, but Randall did say that the meeting will be conducted virtually.

More details about the meeting are forthcoming.