A Pro­duc­tive Mu­nic­i­pal Meet­ing

Stanstead Journal - - NEWS - Made­line Mulholland Stanstead

AtMon­day evening’s Mu­nic­i­pal Meet­ing it was an­nounced there will be a long-awaited public meet­ing con­cern­ing the Pat Burns Arena. The meet­ing is sched­uled for Fe­bru­ary 22nd, at 6:30 pm on the sec­ond floor of the Caisse Desjardins in Beebe. Rep­re­sen­ta­tives of Stanstead Col­lege and the mu­nic­i­pal coun­cil will be present to ex­plain the com­plex­i­ties of the po­lit­i­cal and fi­nan­cial struc­ture of the Pat Burns Arena project. At present Stanstead Col­lege has taken re­spon­si­bil­ity for pay­ing the re­main­ing debt on the Arena, the Town of Stanstead is legally the owner, and do­na­tions are be­ing chan­nelled through a char­ity known as the Red and White Ed­u­ca­tional Foun­da­tion. The Red and White Foun­da­tion is a non-profit or­ga­ni­za­tion sep­a­rate from Stanstead Col­lege, also a non-profit or­ga­ni­za­tion. The Red and White Ed­u­ca­tional Foun­da­tion is au­tho­rized to is­sue tax re­ceipts for do­na­tions, whereas nei­ther the Col­lege nor the Town of Stanstead can do so. Hence, it is ben­e­fi­cial to uti­lize the Red and White Foun­da­tion for arena do­na­tions, as this en­cour­ages do­na­tions by of­fer­ing taxre­lated in­cen­tives to prospec­tive donors.

It

Mayor Pierre Levac ex­plain­ing the zon­ing change on the for­mer Mon­tjoie ski hill.

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