A funding strategy has been approved for the planned new cultural centre in downtown Vernon. (Contributed)

Funding plan approved for downtown Vernon cultural centre

The funding strategy includes $4 million to be raised in the community

A funding strategy has been approved for the construction and operation of the planned Greater Vernon Cultural Centre.

After nearly four hours of debate and discussion Wednesday evening, the Greater Vernon Advisory Committee (GVAC) settled on a revised funding scheme for the building’s construction at 2910 32nd Avenue, and for its projected ongoing operational costs.

The approved capital funding strategy accounts for $39.5 million and includes:

  • Borrowing $25 million (approved in 2018 by referendum)
  • Investing in $8.5 million Canada Infrastructure Program – Community, Culture and Recreation Grant
  • $2 million in other grants
  • $4 million in fundraising and donations

READ MORE: Sale of downtown land approved for new Vernon cultural centre

The funding plan sticks to the results of a 2018 referendum that limits Greater Vernon taxpayer funding to $25 million in borrowing, with the remainder of the funding to come from grants and fundraising.

In May, the project team was directed to reduce the building’s square footage by up to 20 per cent to save on costs. Four stakeholder workshops were held, during which the centre’s total square footage was reduced by 21 per cent by shifting to more flexible and adaptable spaces that can be used for multiple purposes.

Exhibition spaces will be designed to be flexible, with moveable walls, and classroom spaces will also serve as meeting rooms and backstage areas for performances. The decision was also made to leave the archives vault in its current location and increase public access to archival documents through digitization and remote terminals in the new building.

While cutting down on the building’s size reduced some of the projected operational costs, GVAC unanimously agreed to provide and additional $286,000 in taxpayer funds annually to cover utility, maintenance and programming costs.

“Submitting grant applications does not guarantee we will be successful in securing the funding, but deciding upon these vital details is an important milestone in the project,” said GVAC Chair Akbal Mund. “Without these approved strategies, our application would be incomplete, so tonight’s decisions were an integral step towards the success of the project.”

READ MORE: Vernon chamber continues calls to expand provincial park


Brendan Shykora
Reporter, Vernon Morning Star
Email me at Brendan.Shykora@vernonmorningstar.com
Follow us: Facebook | Twitter

Culture

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

COVID-19. (Image courtesy CDC)
Interior Health reports 18 COVID-19 cases, highest daily count since July

The total of COVID-19 cases in the region is now at 662

(Big White Ski Resort photo)
Big White receives 21 cm of snow in 24 hours

Resort’s snow base 41 cm deep, one month until opening day

District of Lake Country Council approved Lightbox Enterprises Ltd. for a non-medical cannabis retail license Monday, Oct. 20, 2020. (Black Press Media File).
Council greenlights Lake Country’s second cannabis store

Council voted 4-3 to approve Dutch Love Cannabis at Oct. 20 meeting

The District of Lake Country’s wildfire reduction work near Beaver Lake dam will repurpose ground debris for firewood to warm Okanagan Indian Band seniors’ homes. (District of Lake Country)
Lake Country fire mitigation project provides firewood to OKIB seniors

‘Ironic and satisfying’ repurposed wood to provide heat: Okanagan Indian Band Chief

B.C. provincial health officer Dr. Bonnie Henry gives a daily briefing on COVID-19 cases at an almost empty B.C. Legislature press theatre in Victoria, B.C., on March 25, 2020. (Don Craig/B.C. government)
B.C. sees 223 new COVID-19 cases, now 2,009 active

Two new care home outbreaks in Surrey, Burnaby

Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

The deer were allegedly shot within Princeton town limits, late at night. Black Press File Photo.
Armed man, in full camouflage, allegedly shoots deer in downtown Princeton

‘The list of charges goes on and on,’ said RCMP Sgt. Rob Hughes

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

100 Mile Conservation officer Joel Kline gingerly holds an injured but very much alive bald eagle after extracting him from a motorist’s minivan. (Photo submitted)
B.C. driver thought he retrieved a dead bald eagle – until it came to life in his backseat

The driver believed the bird to be dead and not unconscious as it turned out to be

Chastity Davis-Alphonse took the time to vote on Oct. 21. B.C’s general Election Day is Saturday, Oct. 24. (Chastity Davis-Alphonse Facebook photo)
B.C. reconciliation advocate encourages Indigenous women to vote in provincial election

Through the power of voice and education Chastity Davis-Alphonse is hopeful for change

White Rock RCMP Staff Sgt. Kale Pauls has released a report on mental health and policing in the city. (File photos)
White Rock’s top cop wants to bill local health authority for lengthy mental-health calls

‘Suggestion’ included in nine-page review calling for ‘robust’ support for healthcare-led response

A Le Chateau retail store is shown in Montreal on Wednesday July 13, 2016. Le Chateau Inc. says it is seeking court protection from creditors under the Companies’ Creditors Arrangement Act to allow it to liquidate its assets and wind down its operations.THE CANADIAN PRESS/Ryan Remiorz
Clothing retailer Le Chateau plans to close its doors, files for CCAA protection

Le Chateau said it intends to remain fully operational as it liquidates its 123 stores

Most Read