Quote:
Originally Posted by vanciti
... My issue, comments, problem is the size of the CAC that is going to the boathouse with no FACILITY fundraising campaign done by the Dragon Boat Community. Dragon Boating has been around for a very long time in Vancouver and in that very long time there has been nothing done as an organization to fundraise for a facility? OHHHH whoops we need a CAC to pay for the entire facility? - I've never been involved in a sporting organization that got grant money, whether it be Lottery Funds, Municipal Funds or other that was not required to fundraise a least a percentage of the capital costs for a new facility.
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WRT capital cost contribution, I don't think that the Dragon Boat society would own the facility (i.e. it's not like transferring space inside a condo tower to a society). If they raised funds for it and partially paid for it, then they could claim part ownership. I doubt that is possible with a City-owned facility.
I would assume that they pay rent for the space inside the Creekside Community Centre, so maybe they'll also pay rent for the storage space on the docks. i.e. do users of City-owned community centres help fundraise to pay for the capital costs of the facilities (or just rent and for programs and equipment)?
Concord Pacific has made a number of donations to the Dragon Boat society, including the purchase of boats, so it's really a case of a developer contributing to one of its preferred causes.