From CBC:
Moncton downtown centre decision expected from council today
Special public council meeting about funding of proposed $107-million project to be held at 4 p.m.
CBC News Posted: Aug 12, 2015 6:00 AM AT|
Last Updated: Aug 12, 2015 6:00 AM AT
A special public meeting has been called for 4 p.m., during which council is expected to vote on the proposed funding plan and long-term financial implications of the project.
Council could also possibly award the contract, based on its earlier request for proposals.
On Aug. 4, Moncton received approval from the provincial government's Municipal Capital Borrowing Board to obtain up to $95.4 million in loans for the project, although the city has stated it only plans to borrow about $39 million.
In July, the provincial government announced it would contribute $21 million.
The city has purchased the former Highfield Square property on Main Street as the site for the proposed centre.
Bird Construction and Ellis Don have each submitted bids for the complex.
The 7,500-seat centre would become the new home of the Moncton Wildcats, of the Quebec Major Junior Hockey. The team currently plays out of the 40-year-old Moncton Coliseum.
I would think that if the motion to build the events centre passes this evening then it will be time to rename this thread to [Moncton] Events Centre (Approved)