The Real Facility Costs

This post has already been read 4879 times!

Ribbon cuttingAnother misleading statement was made during one of the all-candidates’ meetings last week: that our new recreational facilities – the Central Park Arena and the Centennial Aquatic Centre – cost $20 million and that the pool was 30% over budget.

Neither is correct.

According to our treasurer, Marjory Leonard, who replied to my emails this week, here are the actual numbers:

The original quote for the building alone: $3,425,000.
Council later approved an increase of $1,300,441. This included the therapeutic pool approved October 15, 2012 in Staff Report PRC 2012-22 – $550,000. It included the pool tank enhancements approved February 11, 2013 – $583,000, and the unanticipated construction costs of $88,000 for asbestos, pipe rerouting and soil removal.
The total budgeted amount was thus $4,725,441.
As of Dec. 31, 2013, the total cost was $4,917,739. This was $192,298 over budget. However, subtracting the donation from the Clippers Swim Club of $158,000 for pool enhancements, the total amount over budget was $34,298, or approximately 0.7% over budget. Most of this was because of unexpected problems with the site.
Note that the building costs did not go over budget: increases in costs were due either to unanticipated site works costs or council’s addition of features (i.e. the therapeutic pool).

As for the Central Park arena and rink, the figures are similar:

The original quote was $8,292,000 – Staff Report EMC 2012-01 (August 27, 2012)
This budget was $7,476,000 for the building alone, $316,000 for accessories and $500,000 for site servicing.
The 2013 Budget increased this amount by $57,050 for a total of $8,349,050.
However, council later changed the Hamilton Street entrance, an unanticipated project in response to local residents’ concerns about traffic and at an extra cost.
The actual cost as of December 31, 2013 was $8,571,479.
Again, the overrun was due to unanticipated site works: $222,429, not the building costs. That represents about 2.7% of the amount as approved by council in 2013.
Not included in the figures is the value of the additional audience seating, increased from 250 to 390, donated by Sprung at no cost to the town.

The total budgeted for both facilities (and approved by council) was $13,074,491 (which was paid for from the proceeds of the sale of a portion of Collus to Powerstream, not paid for from going into debt or raising taxes). The total cost was $13,331,218.

Centennial Aquatic centreThe two projects, combined were $256,727 – or about 2%  – over budget.

That’s $7 million less than the amount claimed by the candidate and at 2% a helluva lot less than the 30% inaccurately reported by this candidate at the ACM.

Costs above and beyond the building costs were either due to unforeseen site conditions (which any construction would be subject to) or council-mandated upgrades such as the therapeutic pool (roughly 1,000 user are in the aquatic centre every week – vindication that the addition of the therapeutic pool was a good idea).

Compare the cost of our new facilities to the proposed $35 million multi-use facility: even with the upgrades to the Eddie Bush Memorial Arena added in, it is still less than half the proposed “Taj Mahal” facility. The same candidate said that the figure of $35 million was “spun” by others in the election, but again that’s not true: the figure comes straight from the report by the steering committee itself – the same committee the candidate himself sat on. See my earlier post on that proposal for the actual page.

Candidates have a responsibility to the public to present accurate and truthful information. If they cannot or will not, they should step out of the race.

I eagerly await the correction and apology from this candidate for presenting this misleading information to the public.

Post Stats
  • 585 words
  • 3954 characters
  • Reading time: 190 s
  • Speaking time: 292s
Print Friendly, PDF & Email

This site uses Akismet to reduce spam. Learn how your comment data is processed.