News

Posted on: September 27, 2016

COUNCIL RECEIVES AQUATIC AND CURLING/MULTISPORT CENTRE PROJECT UPDATE

Logo web newsfeed.jpg

The cost of the project is now estimated at $48 million, up 6.6% from the original $45 million budget. The variance comes from dealing with unanticipated ground conditions as well as change orders during the course of construction.

The delay in opening is due to cumulative delays from the beginning of the project that could not be overcome (including the unanticipated ground conditions reported in June).

Council expressed their disappointment with the changes and has directed the construction manager and architectural engineers to work together diligently to minimize future risks to this important and exciting community facility.

Administration will continue to provide Council with project updates until the opening date.

Administration also asked Council to approve bringing forward an amended borrowing bylaw to refinance the existing loan and better align annual cashflow from funding sources with loan payments. Council decided to defer the refinancing decision until the impact on other capital projects in the 10 Year Financial Plan can be fully understood. Council will include the discussion about further funding of the project and refinancing of the current loan in the 2017 budget deliberations.

Project background and updates.
Facebook Twitter Google Plus Email

Other News in News

mural mosiac

MURAL MOSAIC DEDICATION FRIDAY SEPTEMBER 29

Posted on: September 20, 2017
Election for FB and newsfeed

OFFICIAL CANDIDATE LIST

Posted on: September 19, 2017
Logo web newsfeed.jpg

COCHRANE COUNCIL ANNOUNCES NEW CAO

Posted on: August 29, 2017
ROAD-WORK.jpg

NO PEDESTRIANS ON GRIFFIN ROAD

Posted on: August 4, 2017
lost-found pets for FB

HELP PETS GET HOME

Posted on: June 27, 2017
new parking location ad for FB

NEW PARKING FOR OFF-LEASH

Posted on: June 21, 2017
Logo web newsfeed.jpg

COCHRANE POPULATION OVER 26,000

Posted on: May 24, 2017
Fourth St art

HISTORIC DOWNTOWN GETS NEW ART

Posted on: March 31, 2017
back-up bags

GO EASY ON THE POOP BAGS

Posted on: March 16, 2017
glass

GLASS NOW ACCEPTED IN BLUE BINS

Posted on: January 24, 2017
MarCom gold

TOWN WINS GOLD AT MARCOM AWARDS

Posted on: November 8, 2016
Logo web newsfeed.jpg

TOWN AND FIREFIGHTERS AGREE ON CONTRACT

Posted on: September 27, 2016