Costs of Nanaimo’s proposed event centre becoming clear
NANAIMO — For the first time, Nanaimo residents are getting a look at all of the costs related to the events centre proposal.
A preliminary City report showed the whole process cost almost $859,000, nearly $63,000 over budget. Phase three saw significant overruns at $243,000 and the referendum ended up costing $36,000 more than budgetted.
Chief financial officer Victor Mema said phase three cost more since the City was constantly altering their business plan based on community input, as well as legal matters related to referendum preparations.
He said the referendum itself overran the $130,000 approved by Council because of advertising, facility and staff time.