Overview
The community of Paint Lake has outgrown it’s existing fire hall. Plans for an expansion are in place; including the construction of a new three-bay building and the conversion of the existing structure into a training-facility/community centre. The proposed budget for the expansion is $200,000. To date, more than $80,000 has been raised through joint PLCOA-PLVFD fundraising efforts; the balance of $120,000 will be financed by all land-based cottage owners. Construction is planned to start as early as September 2014.
History of the financing plan
In order to move forward, land-based cottage owners needed to support this project. The joint PLCOA-PLVFD building committee hosted an information session on June 10th, 2014 to outline the options for a proposed financing plan. The vote was held on July 16th to see if a) cottage owners supported the project and b) if yes, the preferred repayment terms. Choices were 1) $200 per year over 3 years, 2) $100 per year over 6 years, 3) $50 per year over 12 years. There were 40 cottage owners in attendance, 90% voted in favor of the project, of that 78% voted for option 1.
More details will be posted here soon.
The community of Paint Lake has outgrown it’s existing fire hall. Plans for an expansion are in place; including the construction of a new three-bay building and the conversion of the existing structure into a training-facility/community centre. The proposed budget for the expansion is $200,000. To date, more than $80,000 has been raised through joint PLCOA-PLVFD fundraising efforts; there remains, however, a $120,000 shortfall. If sufficient funds can be raised, construction could start as early as September 2014.
The joint PLCOA-PLVFD building committee is hosting an information session on June 10, 2014 to outline the options for a proposed financing plan. This plan involves a loan from the Province of Manitoba for the $120,000 shortfall and requires the support of the land-based cottage owners. Repayment options include a one-time charge or a series of smaller charges to the park district fees for every land-based cottage owner, continued fundraising and corporate/cash donations. All cottage owners are strongly encouraged to attend this information session; to ask questions, bring up concerns and have questions answered. Information from this session will be made available on the website shortly thereafter. A vote for all land-based cottage owners will be held on July 16, 2014 to gauge support for the financing plan.
