Kirkland Lake to borrow $7.5 million for new aquatic centre

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Riskynet
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Kirkland Lake to borrow $7.5 million for new aquatic centre

Post by Riskynet » Fri Apr 04, 2014 9:22 pm

Kirkland Lake to borrow $7.5 million for new aquatic centre


KIRKLAND LAKE - Tuesday council approved the financing for the town's new $9.6 million aquatic complex to be built onto the Joe Mavrinac Community Complex.

The bylaw passed states that $2.1 million from sewage treatment plant insurance settlement will be used for the new aquatic centre. That the amount to be financed is $7.5 million and that the treasurer is to negotiate the borrowing of $7.5 million with funding agencies.

The new $9.6 million aquatic centre does not qualify for any funding from either provincial or federal funding programs. Despite this, the town is still going to apply for funding from senior levels of government in the hopes some money will be allocated to Kirkland Lake.

In addition to this, there is a fundraising program to raise $500,000 for the new aquatic centre. To date about $5,000 has been donated.


http://www.northernnews.ca/2014/04/03/k ... tic-centre

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Re: Kirkland Lake to borrow $7.5 million for new aquatic cen

Post by Riskynet » Tue Nov 25, 2014 3:02 pm

Tenders for K.L. aquatic complex come in over budget


KIRKLAND LAKE - Kirkland Lake will get its new swimming pools but town staff has very clear instructions not to borrow more than the $7.5 million approved by council even if that meant the swimming complex does not have all the bells and whistles.

Tuesday council discussed the two tenders it received for the building of the pools. Monteith Building Group came in at $12,928,870, plus HST and Ball Construction Ltd bid $10,343,183, plus HST.

Retiring Mayor Bill Enouy made it very clear that council had approved the borrowing of $7.5 million to build the pool and he did not want the town to borrow any more than that for the building of the new pools. He continued that this is a concern he has as he leaves council and he doesn't want the town to borrow even one cent more than $7.5 million.

Council previously set aside $2.1 million from the town's insurance settlement from the sewage treatment plant roof to use for the building of the new swimming pool. The price of the new swimming pool was to be $8.6 million. This leaves the town with a contingency fund to cover unexpected costs during the building of the pools.

Bonnie Sackrider, Kirkland Lake's Director of Parks and Recreation said they put the tenders through a very onerous approval process that took four days before a decision was made to recommend to council the Ball Construction bid. She said the bid includes the building of the pools and the architectural design.

Now she says they will go back to Ball Construction in a video conference on Tues. Nov. 25 and ask them to sharpen their pencils and get better prices from their tradespeople.

While Councillor Normand Mino is confident they can bring the pool in on budget, he wonders how they will decide what to cut from the project if that becomes necessary. Sackrider said after they have the video conference with the builder and they come back with their final figure, that will be presented to council for consideration.

Even though councillor Mino is confident, councillor Todd Morgan is skeptical that the $10,343,183 tender will be able to be cut back to $8.6 million. He believes if the proposal comes back at $8.6 million they will be looking at a very different project than the original proposal.

Sackrider said, one way they can cut costs is by cutting down on the square footage of the project. She estimates that 25 to 33 percent of the square footage could be eliminated from the project, at least that is what it looks like on paper.

As well Sackrider said there are small amounts of government funding that could be accessed for the pools. CAO Nancy Allick said hopefully they can work with Ball construction because they don't want to eliminate things.

In addition Allick said the building of the new pool is part of the town's tourism plan and as such may qualify for senior levels of funding. This could include the redoing of the old pool area. She continued that there has been some interest from the senior funding partners and if Ball doesn't drop the price they will apply. Outgoing Mayor Enouy told Allick to apply even if the price does come down.

Sackrider also told council that Ball Construction wants to start on the project in February of 2015 and have it finished by February of 2016.

Enouy said that he believes the leisure pool is the most important part of the project because more of the community will get benefit from it. He continued that he wants to see the swim club get its pool as well, but in terms of the whole community he thinks the leisure pool will benefit the most residents.


http://www.northernnews.ca/2014/11/24/t ... ver-budget

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