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.
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.
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.
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