Placentia swimming pool project looks to bank
Committee wants loan to start construction in 2016
With any luck, the youth of Placentia could be splashing around in their new pool by sometime next year.
That’s if the Placentia Lions Club swimming pool committee receives the blessing of the provincial government to go ahead and borrow the $4.5 million needed to get the project started.
That’s the plan according to committee chairman Jamie Neville.
The funding was made available through amendments to the Voisey’s Bay Development Agreement. That money becomes available in 2017.
With engineering work scheduled to come back sometime in the next couple of weeks, the group is anxious to go to tender on the highly anticipated facility.
“All we need for the banks is a letter that says when the money comes forward, it’ll be put into our account because we can borrow the money and start this project this summer and get it started.
“We won’t know anything for another few weeks,” Neville Told the Compass.
What they want is a loan guarantee so when the Voisey’s Bay money becomes available, the Lions Club and the town will be able to pay the bills.
In the meantime, the group has $1 million available from the Atlantic Canada Opportunities Agency (ACOA), as well as close to $500,000 of the Lions’ Club money raised through various fundraisers.
In other news, the group has been in contact with the YMCA about coming on board to run the facility once the project is finished.
The aquatic centre would be built onto the Unity Parc Arena in Placentia and is designed to serve not only the immediate community, but also the region as a whole.
This proposed state-of-theart facility would have six lanes, a wading pool, a common area and elevator access to the adjacent arena.
“This isn’t just a pool for Placentia,” said Neville. “It’s a pool for the entire region.”
As of deadline Friday, the committee had not heard from the Placentia-St.Mary’s MHA Sherry Gambin-Walsh. Attempts to reach Gambin-Walsh were unsuccessful.
The Compass contacted the provincial government for an update on the project, but that information was also not available.
The Lions Club swimming pool committee is closer to seeing their dream become a reality.