City commissioners aren't betting on oil prices declining anytime soon.
Commissioners at their Tuesday evening meeting unanimously agreed to accept bids on an unbudgeted phase 3 mill and overlay project for the city.
City Manager David Corliss said he was recommending the project because he was confident it was going to be cheaper to get the road work done this year.
"Quite frankly, we're concerned about our ability to do a lot of work next year, given the prices," Corliss said.
Commissioners were told that rising oil prices caused asphalt prices to increase by 10 percent on Tuesday alone.
The phase 3 mill and overlay project will include repaving Rockledge Road, parts of Alabama Street south of Sixth Street, and several residential streets in the southeastern part of the city.