City council also designated the tennis bubble at Chapples Park as a municipal capital facility, exempting it from city taxes.
THUNDER BAY — Thunder Bay council has approved a lease agreement for the proposed indoor tennis centre at Chapples Park and agreed to designate it as a municipal capital facility.With the tennis facility being designated a municipal capital facility, it will be exempt from city taxes.
The designation was part of a recommendation by city administration during a presentation by Kelly Robertson, manager of community services. Robertson said this "designation as a municipal capital facility mitigate the project’s financial risks and ensure public access to the facility and . . . long-term sustainability of the facility,” she said.
“Through the lease negotiations and financial review, it became apparent - in the absence of being designated a municipal capital facility - there will be some risk.” The $4-million bubble includes $1 million in funding from the Northern Ontario Heritage Fund Corporation, $500,000 from FedNor, a $200,000 grant from Tennis Canada and Rogers, as well as the city’s $1.5-million commitment.
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