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Monday, May 25, 2009

Q-Plex Numbers Look Good

2009-05-25:

04:04:57:

The hard numbers have yet to be ironed out but officials in Quispamsis are confident the tax rate will not jump more than three cents with construction of the Q-Plex. The $22 million dollar proposal is still in a holding pattern waiting for a tender to be awarded for the construction phase. Officials indicate they can finance this project on their own because of huge growth in the population last year in recent years. As for whether Rothesay wants to come on board, Mayor Murray Driscoll tells CHSJ News, their offer stands.

The facility will sport an annual operating cost of one million dollars with a yearly deficit of $400,000 dollars but is expected to bring in $600,000 dollars in annual revenue.



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