Huron Expositor, 2007-12-05, Page 21.
Page 2 The Huron Expositor • December 5, 2007
News
Council discusses how to fund new FHT building
From Page 1
that while the new FHT building
has been modelled as much as pos-
sible on the CCAC building, both
increasing construction costs and
the need for plumbing in almost
every one of the 90 rooms of the
FHT building has driven the total
cost up.
"The other is an office building -
this is a clinic and there is a signifi-
cant number of rooms," he said.
As well, he said that while costs
averaged $180 per square foot last
year, they're up to $250 per square
foot this year for "identical build-
ings."
"We're four or five years down the
road and we have a more complicat-
ed building," he said.
McKillop Coun. Bill Siemon asked
if money could be saved by eliminat-
ing the planned circular drive at the
entrance, which he said would drive
up the costs by requiring more
parking spaces in a cul-de-sac on
the east side of the building.
"The cul-de-sac is a specific
request of the client so there could
be a drop-off at the covered walk-
way at the front," answered
Marklevitz.
"I need a can opener to get out of
the truck at my
doctor's office but
you do it to get
healthcare," said
Siemon.
But, FHT man-
ager Barb Major -
McEwen explained
that it's important
for those in wheel-
chairs to be able to
be unloaded from
cars under the
canopy.
"It's challenging
to get people out of
the parking spots,"
she said.
McLachlan broke
down a plan to
finance the build-
ing using reserves
from the munici-
pality, the Seaforth
Community
Development Trust
and the Brussels
Trust, recommend
•-y—.—.r'�,.' , •
ter: _•��:.._
F
o-- •
,f
[ ,,.
t ..�:a�t
1 _ � j
fs
ing that five per
cent interest be paid back to the
reserves.
"We're investing that money now
and it will take a substantial
amount of money out of the town's
Tuckersmith Communications
is now taking orders for the new
wireless high speed broadband initiative.
Mil GO TOOM
AND SEE WHAT YOU'VE BEEN MISSING!
1-(888-263-8225
www,tcc1on1ca
9niba6ve,
Architect's drawings of inside of the new FHT building
revenue each year," he said.
With an estimated cost of $2.25
million, the plan took $1 million
from Huron East's unrestricted
reserve, $500,000 from the Brussels
sewage reserve, $100,000 from the
Walton landfill, $250,000 from the
Seaforth development trust and
$250,000 from the Brussels trust.
"Do you want to borrow from
yourselves or from the bank?" asked
Mayor Joe Seili.
Tuckersmith Coun. Larry
McGrath said he had "a problem
paying interest to ourselves."
"These are figures we pulled
together. It's up to council what to
do from here," said McLachlan.
As well, he walked council
through a proposed schedule of pay-
ments, showing the numbers for 20
and 30 -year terms for $2 million
and $2.25 million with payments
monthly, semi-annually and annual-
ly.
Siemon expressed a preference for
a 15 -year amortization but
McLachlan pointed out that the
building should last more than 30
years.
McLachlan told council that the
Seaforth trust is prepared to deed
the property ownership to Huron
East but that the agreement with
the trust needs to
be amended so
that rent from
the CCAC
remains revenue
of the trust.
Also, if the
property is sold,
proceeds from
the CCAC build-
ing and land
needs to benefit
the residents of
Seaforth.
"I think that's
only fair since
they constructed
the building,"
said McLachlan.
Seaforth
Coun. Bob Fisher
asked if there
were any clauses
about the
Seaforth
Community
Hospital Trust
See COUNCIL,
Page 19
One of these two Heating and Cooling Contractors is
qualified, licensed and insured, the other is not.
Can you tell the difference?
We Can.
HRAC is the Heating, Refrigeration and Air Conditioning
Contractors of Canada. Our Members must meet
industry standards based on trade qualification,
fuel safety licensing, business licenses, liability insurance
and workers compensation.
Look for the HRAC member in your area.
To find an HRAC member in your area,
check www.hrac.ca
or call toll-free 1-877-411-HRAC (4722)
NIAMEY
settribranzty