CS&P Architects share latest renderings at public information session

The West Parry Sound Recreation and Cultural Centre (WSPRCC) information session held December 12 at the Stockey Centre was well attended by several members of the community interested in the project’s progress.

CS&P Architects displayed updated renderings for comment and questions at the event. Representatives from Ball Construction, Gordon + Gordon Group, the YMCA, the WPSRCC Board, Steering Committee, and Fundraising Team were also in attendance.

Review the renderings here.

3 Comments

  1. Robin Plumb

    Why are all of the comments being removed from this forum? There were many concerns voiced about the suitability of the design to support swim meets. What happened to those? There were other comments asking about affordability, tax increases, membership rates, including concerns I have identified based on a few hundred hours researching comparable facilities and input and concerns from area experts with decades of relevant experience building and operating these types of facilities. Generally it seems that the actual cost of building and running this are massively understated and that the area residents have not been given a complete and accurate accounting. The Committee should not be trying to suppress valid and pertinent concerns. Luckily I save my comment and am posting again below:

    The most recent construction cost estimate from the project manager was $36.8MM, which was classified as a “Class C” estimate, meaning it could be 50% higher ($54MM).
    One of the Board’s Steering Committee members put the annual operating deficit at $700K prior to going to a six-lane pool which adds another $150K per year by their own estimate and a recent consulting study put the annual reserve fund requirement at $640K per year. The Board agreed in 2022 to pay the Town of PS $250K per year for administrative services. The Board agreement requires another $350K per year to fund additions to the site.
    Annual financing costs will be at least $900K if the project were to cost $32MM (which the Board now knows is not possible and acknowledged has increased by 35-45%–in the Feb/2023 Board meeting). The likelihood of raising $10MM in donations as promised by Seguin mayor Ann MacDiarmid is very slim especially since they are competing with the new Friendship Centre (which is apparently targeting $20-30MM in donations and is also slated to get underway next year). As at August 31, according to the Board’s financial statement, only $4,500 in net funding had been raised with the majority coming from funds raised over 10 years ago.
    So the total annual funding requirement according to the Board’s own numbers will be at least $3MM. However, their estimates of membership revenues are significantly overstated (as indicated by the consultant, BDO) while operating costs are significantly understated, meaning the operating deficit will likely be another $1MM a year. In addition, any capital costs above $32MM will also need to be funded by debt. So at say $43MM (which could actually be $54MM according to their own project manager), the annual financing costs would be another $1MM. So the minimum most likely annual cost will be about $5MM (requiring the Town of PS to raise taxes by 11% and the other municipalities to raise their taxes by 6-10%).
    So if the area municipalities and their residents consider this to be a good use of 6-11% of their annual tax budget, the Board had better get on top of the very real possibility that the project will become insolvent at some point during construction and most certainly once it opens (if that happens).
    There is presently insufficient funding in place or contractually committed. The funding commitments of the municipalities are limited under the Board agreement to $32MM in capital and $350K per year in operating deficits, and $350K per year for site additions. The Board has known for at least a year now that the capital and operating deficit limits will be exceeded and should have approached the partner municipalities long ago to increase those. If they continue to engage contractors, buy land, and move forward without locking down the additional funding commitments, then the project will become insolvent, leaving us with a partially completed structure.
    McKellar recently passed a resolution to state that it will not agree to increasing those limits and that it wishes to leave the Board. Whitestone refused to accept a cursory study under a side agreement and will withhold its contingent $250K capital donation to the project. There can be no assurance that the other municipalities will fill the gap until they are asked to do so.

    1. viancovich@seguin.ca

      Thanks for sharing your concerns and feedback on the project. No comments have been removed.

      1. Robin Plumb

        Apologies. I found them on other pages. Please remove my comment above, it is apparently redundant. Thanks

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