6:30 a.m., March 2)
to begin on Sensplex East after city signs P3 contract
By Fred Sherwin
will soon begin on a major new recreation complex near
Canotek Park after the City of Ottawa signed a private
public partnership with Ottawa Community Ice Partners.
$26-million facility will include four ice pads and replace
the aging Potvin Arena on Shefford Road. Work is scheduled
to begin this summer with the facility expected to be
open by September 2014.
the agreement the city will provide the land for the project
and guarantee any financing required for construction.
They will also contract out the day-to-day operations
of the facility to Capital Sports Management, which is
a subsidiary of Ottawa Community Ice Partners, for a period
of 30 years, after which, ownership of the building will
revert back to the city for $1.
Sports Management will be paid a base fee of $171,000
per year, which will escalate by two per cent per year.
The city will also contract 2,227 hours of ice time from
Capital Sports Management at $222 per hour. The City will
then rent the ice time to local organizations.
city will also receive 50 per cent of any revenue generated
in excess $250,000 in any given year only when all conditions
of the Agreement are met and the capital reserves are
kept current. Any shortfall in meeting these financial
commitments will result in the payment of the base management
all operating expenses associated with the Potvin Arena
will be transferred to the Capital Sports Management,
total base budget savings of $32,000 will be achieved
in the first two years of operation.
rendition of the planned hockey complex to
replace the Potvin Arena on Shefford Road.
EMA Architects - Ottawa Senators
to Front Page