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Event Centre Phase 3 coming in nearly $177K over budget

THUNDER BAY -- The city's third phase for the proposed event centre is coming in nearly $177,000 over budget.
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FILE -- conceptual drawings show what the inside of a proposed Event Centre could look like. (Photo supplied)

THUNDER BAY -- The city's third phase for the proposed event centre is coming in nearly $177,000 over budget.

On Monday city council will be asked to approve $176,988 over the original $3 million for completion of the third phase mainly due to extra legal services for operating, property, construction and lease agreements. 

Funding for Phase 3 came from the city's Renew Thunder Bay Fund, also where the extra money would come from, the Northern Ontario Heritage Fund and FedNor.

To-date, project costs are nearly $4 million. In September, council voted to move ahead to Phase 4, which would prepare and submit the project for provincial and federal funding and confirm commitments from the private sector.

 





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