Dunnville group proposes twin pad funding idea
By Dave Dunham (President) Margaret Rose (Treasure) Bob Allen (Member) (For Volunteers of Maple Creek Leisureplex 2000 Inc.)
May 11, 2010
In support of Haldimand County making provisions for adding a second pad to Dunnville’s new arena – consultant F. J. Galloway justified doing so in his Feasibility Study as written:
“Based on the data for this study, this strategy would likely result in a twin pad in Dunnville, for the following reasons:
• The Dunnville Arena has an evidently higher utilization level and will have higher population growth over future years;
• Dunnville is further away from other arena facilities, while Cayuga is centrally located and has relatively shorter drive times to either Caledonia or Dunnville;
• Dunnville has a closer proximity to other population sectors that could be interested in using the facility or create a larger market for special event activities beyond ice use
The main reasons for building the second pad now are all too obvious:
• Haldimand wishes to be fair and equitable to its residents.
• If Dunnville only needs one pad for 15,000 residents, then West Haldimand only needs 2 pads for 30,000. Otherwise, if the West needs 4 pads for 30,000, then Dunnville needs 2 pads for 15,000. It is that simple.
• Building a second pad now will cost $4 million as quoted by two arena contractors – instead of $8 million later.
• Building the second pad now means the walking track will not be needed and its $250,000 cost can be used to reduce the cost of the second pad from $4 to $3.75 million.
• Building a second pad later would disrupt site parking and decrease site safety for about one year of construction.
• Dunnville residents have signed over 2,000 petitions to have their twin pad built now, because they know they need it.
• Only allowing for one pad in Dunnville is currently hurting fundraising and affecting confidence in our County.
• Building a second pad later is not a good business choice based on Ontario’s trend to build twin pads and not single pads.
• County staff and volunteers would not have to go through the costly planning, fundraising and building processes all over again if the twin pad is built now.
• To avoid passing an $8 million expense to the next Council and our trusting taxpayers.
Pay It Forward Plan:
Based on our County making provisions to add a second pad, Galloway’s professional justification for a twin pad in Dunnville, and current Ontario arena trends favouring twin pads; Maple Creek volunteers are proposing a “Pay It Forward Plan.”
• We will borrow $3.75 -4 million from a local bank or trust company to pay for our second pad now. With either private investors or our County as our co-signers for the loan.
• We will fundraise for the second pad to cover interest, principle, and to reduce the amount owing on the second pad, so we can save taxpayers and future Council over $4 million.
• Then, our future Council can realize the savings by paying for the balance of the loan from the $4 million saved.
• The “Pay It Forward Plan” will create a win-win-win scenario for this Council, our future Council and Haldimand taxpayers.
Let’s help make Haldimand a fair and equitable place to live!
Dunnville Sachem, May 11, 2010
http://www.sachem.ca/opinions/article/209780 . . . → Read More: Haldimand’s Unheard Voice: Haldimand "Arena Twin Pad Proposal"