HomeMy WebLinkAboutThe Exeter Times-Advocate, 1976-08-19, Page 32VA DIE D:7-1
To raise $300,000 at 10 3/4 % interest over the next 20 years would in-
crease the mill rate by 10.5 mills. On an average assessment of $3,000
it would mean an increase in taxes of $35.00 per year.
Repayment ever 20 Years = 20x$35.00 = $700
Page 32 Times-Advocate, August 19, 1.976
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THE OBJECTIVE IN BUILDING THE SOUTH HURON.
RECREATION CENTRE IS TO RAISE $1,000,000 WITHOUT
ING TO DEBENTURE THIS AMOUNT AND HAVING LOCAL
RS PAYING INTEREST OVER THE NEXT 20 YEARS
A cccvn p fik5 Pa sca1
, -
Fon-Dilly
One Easy Way Of Giving Your Support
Is To Provide 10 Post Doled Cheques
Of $15.00 Each
The Figures Below Prove That It's Much More Economical To Raise The Funds Through Donations
RESIDENTIAL
CAMPAIGN
••
IMCO DiSakITURE
Estimated 2000 families in the supporting area donation
per family of $150 over the next 10 monthswill meet the
target. (10 post dated cheques for $15.00 each
0 WE NEED THIS AVERAGE 0
IT'S MUCH MORE ECONOMICAL
TO RAISE THE NECESSARY
FUNDS WITH
, HOUSEHOLD CANVASS
WILL BEGIN ON AUG. 30
Industrial Campaign- $150,000
Public Events - $50,000
Residential Campaign - $300,000
If $500,000 is Raised Locally the Project
Will Receive $500,000 in Government Grants
AVAILABLE GRANTS
Community Recreation Centre Grant - $75,000 per facility. Our project will make
us eligible for grants' of $75,000 toward an arena and $75,000 for a hall. With
two municipalities participating,grants of $300,000 are available (or a maximum
of 25% of the total cbst of the project.) THIS MEANS GOVERNMENT GRANTS OF
$250,000 ARE AVAILABLE ALONG WITH A WINTARIO GRANT OF /ANOTHER
$250,000 PROVIDING THIS AMOUNT IS MATCHED WITH DONATIONS.
TOTAL POSSIBLE GRANTS AVAILABLE = $500,000
This donation does not have
to be in one lump sum. A
series of post dated cheques
would be much easier for
most people. IT'S $15000
NOW OR '700 LATER.