Business Case Released for New Kamloops Performing Arts Centre Proposal….

Business Case Released for New Kamloops Performing Arts Centre Proposal….


Posted on: October 24, 2019 8:44 pm
by: Arjun Singh

 

Kamloops has an amazing community of arts supporters! And today the Kamloops Centre for the Arts Society released the business case (pdf file) for the new performing arts centre proposal.

I am hoping this building can be as energy efficient as possible and that the public subsidy is kept as low as possible.

Can this building actually have no net operating subsidy? A very ambitious goal for a public facility.

The forecast now is that there would be no net tax increase to fund the public share of constructing the building. The “mortgage” we have been paying for the Tournament Capital facilities is coming off and can be rolled over into a performing arts centre project.

That leaves operating costs. Right now, the business case calls for $703 000 taxpayer contribution in year one, decreasing to $383 000 taxpayer contribution in year five. 

There is a lot of amazing plans for this proposed venue.

The Kamloops Centre of the Arts Society’s website is full of great information. The key aspect, it seems to me, is whether there is general support for the capital and operating contributions (which are listed as maximums in the business case) among Kamloops citizens. 

View the full article from the original source

About the Author


Arjun Singh

Arjun is a trained facilitator and is currently co-chair of the Canadian Community for Dialogue and Deliberation.

Arjun was born and raised in Kamloops. His parents, Dr Gur and Mrs Manju Singh, immigrated to Canada from India in the 1960s. He previously served on council from 2005-2008. He has a MA in Professional Communication from Royal Roads University and a Certificate in Dialogue, Deliberation, and Public Engagement from Fielding Graduate University.

Arjun welcomes your questions or feedback on any community issue or initiative.

Since 2005, he has written a blog for Kamloops citizens and people interested in Kamloops - www.yourkamloops.com.

You can also find Arjun on twitter at @yourkamloops or @arjunsingh.


 

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