The cost to renovate a section of the Park Theater balcony came as sticker shock to city officials, who have chosen to hold off on accepting the only bid received.“I was absolutely floored when I opened the bid,” said city administrator Bill Brock. “It was about three times what we thought it would be.”The cost estimate given by AEI Architects, Engineers and Planners president Peter Metts was $61,634 and included only the front part of the balcony before the partition. W&O Construction submitted the only bid and it was for $189,800.Parks and Recreation Committee members Ben Newman, Steve Harvey and Jimmy Bonner met to discuss the bid.