Editor's note: This story has been updated to correct the amount of funding Youngstown has received to use towards the project. 

The price tag for renovating the city-owned 20 Federal Place may be about to get a little higher.

An ordinance will be presented to Youngstown Council at Tuesday's upcoming meeting asking for an additional $1.4 million in funds to complete additional work as part of the demolition and remediation effort.

The estimated cost to renovate the building built in 1926 was first projected at $74 million in 2021, jumped to $96 million by 2023, and now needs additional funds.

Council members previously approved $6,250,000 in November 2022 for the demolition and remediation project; however, the newly amended ordinance to be discussed at the March 26 council meeting proposes changing the amount to not exceed $7.65 million.

The total budget has increased by approximately $22 million since the first estimate.

According to Eric Booth, President of Desmone Architects out of Pittsburgh, told 21 News that the project has received $30,941367 in grants and tax credits, some with some contingent on city match totaling $3,582,630. The breakdown includes nearly $7 million in a Brownfield Remediation & Demolition grant with a Youngstown match for $2,320,750 million plus a Youngstown City Council BOC ArchHTC Funds for $1,261,880; an Ohio Historic Taxs Credit for $10 million; a Federal Historic Tax credits for nearly $14 million.

In total, the city is currently on the hook for $65 million before the proposed increase that will be voted on Tuesday.

To prevent the project's funding from falling short, the emergency measure will need six affirming votes from the council. If approved by the city council on Tuesday, the action will immediately go into effect with the Mayor's approval.

23 tenants were evicted from the building in 2022 to allow it to be emptied for the remediation project.