INFLATION could send the bill for the restoration of a cherished North-East landmark soaring over the £11m mark, it was revealed yesterday.
The initial estimate for the restoration of Harrogate's Royal Hall - needed because of crumbling concrete affecting roof and floors of the 98-year-old hall - was put at £8.5m.
But this has already been revised to £9.6m to cover any unforeseen bills on what officials admit is a "risky" project.
Stuart Quin, deputy director of Harrogate International Centre, said that, because of this, the bid being drawn up for submission to the Heritage Lottery Fund should include a "high contingency figure and inflation costs to cover the period to 2005".
He said: "Failure to secure a maximum amount of grant would make the capital costs unaffordable to the council.
A 75 per cent grant would mean the council finding £2.8m, but this could rise towards £4m if some elements of the bid were rejected - out of an annual council budget of £18m.
Mr Quin will tell a cabinet meeting on Wednesday that at £2.8m, the restoration could be "realistically funded". But the prospect of finding £3.94m was "highly doubtful".
The hall, listed for its historic interest, is a vital cog in the council's conference and exhibition business and is also used by local groups for shows.
A public appeal for £1m has brought in £22,455 so far and the council, which hopes for a bigger response over the coming months, is expected to push ahead with an initial Lottery bid for three-quarters of the £670,000 needed to carry out investigative and design work.
A major cash bid would follow later.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article