Thursday, March 13, 2014

SKP Referendum Q of Week - Referendum Failure

Courtesy of SKP Referendum Facebook Page:

Question -  What happens if the referendum fails?

Answer - If the referendum fails, the main pool tank and associated mechanical systems will still be replaced at a cost of about $2 million. This funding will come from the Central Cariboo Recreation and Leisure Services budget through a combination of capital reserves and short-term borrowing.

The resulting residential property tax increase from this project will be approximately $17/$100,000 for five years.

In this scenario, both pools, sauna and steam room would be closed for approximately 12 months. The tank replacement is a permanent solution and should last a minimum of 30 to 40 years.

The results of this work will leave the pools essentially unchanged from their current form and will not address many other ongoing issues such as the undersized leisure pool and hot tub, deteriorating structural items including roofs, windows, and floor
tiles, as well as aging electrical and mechanical systems. These areas will also need to be addressed as individual projects in the near future and will require significant expenditures.

The recommended concept from the Pool Task Force was selected because it provided the best value to address all of these issues and included the direct benefits of an expanded facility.

No comments: