Lacey advances RACK 30% designs, staff says $12.5M bond capacity could fund first phase
City staff presented 30% designs for the Regional Athletic Complex (RACK) Phase 3 and said a 15-year bond could yield about $12.5 million for a base project that includes converting a grass field to synthetic turf, adding lights and seating, and safety netting; larger stadium elements would require outside partners or later phases.
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Lacey staff presented 30% design concepts and preliminary cost estimates for Phase 3 of the Regional Athletic Complex at a Nov. 25 work session, recommending the council proceed to 60% design to preserve an opportunity to issue bonds in 2027 tied to an extension of the Capital Area Regional Public Facilities District (PFD).
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