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
Commitments of at least $2.5 million from Town Council, MD commitment (pending location and breaking ground) & curling club of for a new building.
Cost estimate for new rink is 3.25 Million
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
The federal government grant applied for will subsidize the cost 60% of the project cost. (Grant amount of approx. $2.4 million dollars)
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
Curling club has been actively fundraising since 2007
The curling club raised over $65,000.00 in 2022 towards a new building
In 2023 the club has raised $8,500.00