The District of 樱桃视频is looking for up to $2 million in sponsorship money to help fund the construction of the overdue 樱桃视频Adventure Centre.
In a report to District of 樱桃视频(DOS) Council, deputy administrator Brent Leigh indicated the current budget for the centre as of February is $3,455,000. In July of last year the amount budgeted for the project was $2,235,000. The provincial and federal governments are each covering $900,000 of the construction costs.
Power producer Canadian Hydro Developments is contributing $255,000 to the construction costs. To keep the DOS capital costs at $900,000 or less, sponsorship contributions will be needed. If more than $900,000 in sponsorship money is secured, DOS taxpayers will end up contributing no money to the capital costs of the building.
"The District is in active conversation with two financial institutions and one additional corporate sponsor," Leigh wrote in a report to Council on the status of the centre. "Each have indicated interest in all or part of the sponsorship offering."
According to Leigh, 樱桃视频is in a good position to take advantage of sponsorship money available in the lead up to the 2010 Olympics.
"There are a number of companies that were blocked out of Olympic recognition and a number bought into Olympic recognition all of which are interested," Leigh said.
Mayor Ian Sutherland confirmed no sponsorship deals are finalized, but he said deals are close at hand.While work continues to complete the building, the controversial welding work in the Adventure Centre remains an issue.
Ed Lim, a professional engineer with United Building Systems, told The Chief the brackets were a structural component of the building.
The welded brackets are controversial, because a Lower Mainland company that is not certified by the Canadian Welding Bureau (CWB) did the welding.
The CWB wrote to the architect on the Adventure Centre project pointing out the CWB concern, but Mayor Ian Sutherland said he spoke with architect Richard Iredale and the architect is confident the building is being constructed within the building code.
Leigh's report does not make mention of the welding controversy, but it does set out how much money was spent on the building as of May 24. So far the spending tally is $2,286,070.24 and another $1,169,929.76 is expected to be spent to finish the building.
Sutherland said this week that 68 per cent of the money spent on the project so far was spent locally.
When the building is completed it will house offices for the Chamber of Commerce and the economic development officer. It will also house a tourist information centre, an outdoor sports hall of fame, a coffee shop, a souvenir shop, a central book area, a small theatre and a large water feature complete with a waterfall.
[email protected]
