Community Curling Facility
COMMUNITY CURLING AND MULTI-USE FACILITY REFERENDUM
May 19, 2010 : Declaration of Official Results
May 17, 2010 : PRESS RELEASE: From Mayor Fielding on the Referendum Results
May 15, 2010 : REFERENDUM RESULTS:
|Number of Votes Cast:
May 3, 2010
About the Referendum
The District of Peachland will hold a borrowing bylaw referendum on May 15, 2010. The District is asking whether residents want to borrow $1.3 million to add to a grant of $2.6 million in order to build a new Community Curling and Multi-Use Facility on 6th Street.
Your vote in the referendum is important. Before you cast it, get informed about your choices at an open house:
- Monday, May 3, 2010 from 3:00 pm until 7:00 pm
- Peachland Community Centre, Council Chambers
Frequently Asked Questions
- What will the referendum ask?
When you cast your vote on May 15, you will be asked to answer "yes" or "no" to the following question: Are you in favour of the District of Peachland Council adopting the Community Curling and Multi-Use Facility Construction Loan Authorization Bylaw No.1936, 2010 to authorize the borrowing of a maximum of One Million Three Hundred and Fifty Six Thousand, Seven Hundred and Forty Three Dollars ($1,356,743.00) for the Community Curling and Multi-Use Facility over a maximum of 25 years?
- What would a "yes" vote mean?
A "yes" vote would mean the District has approval to borrow $1.3 million and start construction on the facility, which would be completed in 2011. The District of Peachland would own and operate the site.
- What would a "no" vote mean?
A "no" vote would mean the District must decline the $2.6 million dollar grant and the project would not proceed.
- How much would the facility cost to build?
If approved, the Community Curling and Multi-Use Facility would cost $3.9 million to build. The District has been awarded a Building Communities grant, with federal and provincial funding that would pay for two-thirds of the cost of the construction. The remaining one-third or $1.3 million could be borrowed by the District of Peachland through the Municipal Finance Authority. The construction project must be completed by March 31, 2011 or the grant is forfeited.
- How much would the facility cost tax payers?
The cost of borrowing the $1.3 million for construction is approximately $102,993 per year for 25 years. This cost would be offset by the revenue generated from a lease with the Peachland Curling Club for seven months of the year and from the revenue the District would generate from facility rentals the other five months of the year.
The cost to borrow $1.3 million is approximately $8.50 per $100,000 of assessed value or $37.09 for the average home in Peachland. After funds are recovered through the facility lease with the Peachland Curling Club and event revenues, it is expected that the average home will pay $34.38 annually or $7.87 per $100,000 assessed value.
- How would the facility be operated?
The District would build the new facility and would operate it through a contractual arrangement with the Peachland Curling Club. The facility would be leased to the Curling Club for seven months of the year and the District would operate the site for the remaining months.
During curling season, which generally runs from September to the end of March, the facility would be available for use by paying guests, school students and Peachland Curling Club members.
From April until August, the District of Peachland would operate the facility, removing the ice for other events like fairs, trade-shows and special events. It can provide space youth and children's programs such as rollerblading or a temporary skate park. It would also be rented for privately booked events like weddings and reunions, providing additional revenue to offset the costs to operate the facility.
- How much would the facility cost to operate each year?
The net annual cost for the District of Peachland to own and operate the facility is estimated at $95,500 per year, based on conservative financial projections. This includes debt repayment, utilities, janitorial, repairs and maintenance. It takes into account the revenue from the lease payments from the Peachland Curling Club and the revenue generated from spring and summer event rentals.
The net cost works out annually to approximately $7.87 per $100,000 of assessed value or $34.38 for the average home in Peachland.
- What would the facility include?
The proposed building would be located next to the Peachland Community Centre on 6th Avenue. It would cover about 18,000 square feet of activity space on two levels. This includes the main level and curling surface and a community meeting room, viewing lounge area and concession on the upper level. It would act as a second community center in Peachland - offering a new venue for our healthy and active community.
- Where and when can I vote?
There are several voting opportunities:
- In person on May 15, 2010 from 8:00 am to 8:00 pm in the Main Room of the Community Centre.
- In personal at the Advanced Voting Opportunity on May 5, 2010, from 8:00 am to 8:00 pm in Council Chambers
- Through a Mail Ballot Voting Opportunity - click here for more information Notice of Other Voting
- Who can vote and what do I need to take with me?
- How can I get more information?
- Click here for an Information Brochure
- Drop by the referendum open house
- Monday, May 3, 2010 from 3:00 pm to 7:00 pm
- Peachland Community Centre, Council Chambers
- Phone 250-767-2647
- Email Projects
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