PAC Referendum: Centre Rejected
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Kamloops residents have had their say, rejecting the Performing Arts Centre and Parkade Complex. 31.97% of eligible voters cast a ballot in the referendum. Of those 53.74% voted against the centre and 46.26% voted for it.
The question voted on was “Are you in favour of the City of Kamloops borrowing up to $49 million to design and construct the parkade and performing arts centre complex?”
The centre was proposed to include a 1,200 seat main theatre, a 350-seat black box theatre, and a two-level parkade, costing just over 90 million dollars.
A business case printed in the September 15th city council agenda showed the project could provided 76 construction jobs and 64 permanent direct and indirect jobs. According to the report, the centre would have lead to $101-million dollars in economic spinoff during the 3 year construction window and another $11-million annually once operations started. Overall the business case predicted a 240% return on investment for the city. The document was prepared by MHPM Project Managers, a consulting firm contracted by the city.
