Fraser-Fort George Regional District directors threw The Exploration Place a lifeline on Thursday in the form of a $500,000 loan to be paid back over five years starting in January 2025.
Skakun questioned why members of the Fraser-Fort George Museum Society were not at the meeting to make a case to directors and expressed skepticism about the reason cited for how The Exploration Place ran into financial trouble.
Mobley said he has not seen anything that gives him confidence that the museum can dig itself out of its hole and noted the payments will come out of the grant the regional district provides each year. According to a February 2024 staff report, the Society is due to receive $881,290 this year less $113,000 in debt service payments or $768,290. Further divided into quarterly payments that works out to $192,072.50 every three months.
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