The Lacamas Lake Lodge and Conference Center project is going to be more expensive than Camas city officials originally anticipated.
All four bids opened on May 13 were approximately $20,000 higher than the city engineer’s estimate of $1.79 million. Adding to the overall higher price tag for the project is fuel tank remediation work recently completed at the site. All told, Public Works Director Eric Levison said an additional $200,000 will be needed to fully fund the project.
The city had already secured a $1.65 million 10-year, 3 percent interest loan from the State of Washington LOCAL program. Another $350,000 is being provided by the Friends of the Camas Community Center.
City officials received word on Thursday that the state approved their request to boost the loan to $1.85 million. The Camas City Council will vote during its next meeting on Monday, June 17, whether to accept the new loan amount and award the contract to the low bidder.
The additional funding will also allow for a “cushion,” for any cost overrun incurred during the course of the project.