A roughly four percent boost – $2.9 million – has been tentatively approved by Bracebridge’s General Committee for the Muskoka Lumber Community Centre (MLCC) project.
Before the cheque can be signed, council needs to ratify the decision during its Dec. 13 meeting. If approved by council, it would bring the budget for the project to $78,326,000.
Paul Judson, Treasurer, says the extra cash will be taken from the town’s reserve fund, however, more discussions about how the new expenses will be funded could be had when council begins discussing next year’s budget.
Town officials say the reason is for the redesign and construction of the stormwater management pond and to “manage any unforeseen contingencies to see the remainder of the project through to completion.”
While most of the stormwater management pond has been built, the remaining portion was paused after evidence was found of high groundwater and unstable soils that were previously unknown when the site was tested.
In the latest update from the town, officials say the building is nearly three-quarters done. Over the next few months, they say construction will focus on the inside of the building.
They say the building is still on target to open in the summer of 2024.
“What we’re looking at is a project that has, in every sense of the word, went as smooth as a project of this magnitude could go,” said Mayor Rick Maloney during the Dec. 5 General Committee meeting.
Officials say nearly $4 million has been brought in through various sponsorships programs, including two that allow residents to have their name on one of the seats in the arena and a bay of books in the library.
Aquicon Construction Company Ltd. Was awarded the contract to build the MLCC in Dec. 2021, however, it was nearly $20 million over staff’s estimate and $8 million had to be shaved off the construction bill. Judson pointed to inflation as the reason for the jump in cost.