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Chatham-Kent's new community hub bid came in at $43.6M, under budget, with no tax hikes planned.
The Chatham-Kent Community Hub construction bid came in at $43.6 million, under the initial estimate, with the overall project budget at $52.8 million including contingencies and additional costs.
Funding will come from property sales, reserves, a reserve advance, and a future debenture, with no planned property tax increases.
Council is set to vote on the bid, though challenges remain over fire station relocation and the Cultural Centre’s future.
Operational costs may rise despite the construction savings.
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La oferta del nuevo centro comunitario de Chatham-Kent llegó a $43.6 millones, por debajo del presupuesto, sin aumentos de impuestos planeados.