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  • Writer's pictureDebbie REED

New Rink and Funding

Updated: Apr 26

Know the facts


We want everyone to have accurate information regarding the new rink and the funding needed to move the project forward.



MUNICIPAL

  1. Commitments of at least $2.5 million from Town Council, MD commitment (pending location and breaking ground) & curling club of for a new building.

  2. Cost estimate for new rink is 3.25 Million

  3. Town council decides to update plans to a Net-Zero carbon build costing an additional $800.000 to bring the cost of the building to 4 milllion.

FEDERAL

  1. The federal government grant applied for will subsidize the cost 60% of the project cost. (Grant amount of approx. $2.4 million dollars)

  2. Grant requirements included the amount of the build had to be in place.


For this reason the Town Council decided to get a 4 million LOC LINE OF CREDIT to meet grant requirements to access provincial and federal grant money.

LOCAL CLUB

  1. Curling club has been actively fundraising since 2007

  2. The curling club raised over $65,000.00 in 2022 towards a new building

  3. In 2023 the club has raised $8,500.00

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