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Lacey advances RACK 30% designs, staff says $12.5M bond capacity could fund first phase
Summary
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.
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).
Design staff said the base bid for the first phase is estimated at about $7.4 million and would include converting the existing natural-grass Field 2 to synthetic turf,…
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