The April 6 Beacon Herald editorial on the St Marys Arena Expansion said that St Marys residents 'will no doubt be asked to contribute to local fundraising efforts'.
There is no doubt - the amount cited in
Deloitte and Touche's Financing Strategy is $2.5 million.
What is in doubt is who is going to do this fundraising and how they will raise the money. In the 2 years this project has actively been discussed no service club or other organization has come forward to volunteer for this role. The fundraising commitment by year is
Year | 2007 | 2008 | 2009 | 2010 | 2011 |
Amount | $265,000 | $265,000 | $265,000 | $265,000 | $265,000 |
Year | 2012 | 2013 | 2014 | 2015 | 2016 |
Amount | $215,000 | $215,000 | $125,000 | $125,000 | $125,000 |
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