Funding denial for turf facility changes nothing, says Mauro - Action News
Home WebMail Friday, November 15, 2024, 12:21 AM | Calgary | -4.9°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Thunder Bay

Funding denial for turf facility changes nothing, says Mauro

TheNorthern Ontario Heritage Fund has rejected Thunder Bay's funding application for the city's proposed indoor turf sports facility, but that won't have any effect on its cost, says Mayor Bill Mauro.
Thunder Bay Mayor Bill Mauro says a funding application from the Northern Ontario Heritage Fund for the proposed turf facility, which was rejected, will have no impact on the viability of the project. (Matt Prokopchuk / CBC)

TheNorthern Ontario Heritage Fund has rejected Thunder Bay's funding application for itsproposed indoor turf sports facilitybut that won't have any effect on the project cost, says Mayor Bill Mauro.

The city applied for $650,000 to go towardthe $33 million project, which is slated to be built at Chapples Parkstarting next year.

The facility and the money it will cost to build it has been contentious at Thunder Bay city council, with councillors citing the approval of the facility when other funding requests are raised.

Just over $18 million from city reserve funds, as well as the city's Municipal Accommodation Tax, will be used tofund the remainder of the turf facility.

Mauro says the funding would have only reduced the amount of the $14.4 milliondebenture, or loan, the city will takeout to pay for the sport facility.

"The budget that's been put forward, did not have this money built into it, so it doesn't represent an increase to it," said Mauro."What's in front of the community has not changed because of this decline from the board."

Mauro said the city will pay $300,000 each year during 2021 and 2022 while the facilityis being constructed. Once work is complete, the city will then put its $14.4 million debenture on the books.

Mauro said that two-year gap gives the city time to find other sources of funding to help pay for the facility.