Aimee Wilson
03 December 2024, 4:46 PM
Omakau’s new $5.2million community hub is on track to be built at the end of 2025.
But there was still a possible $1.6million shortfall once all fundraising and grants opportunities had been exhausted.
At its meeting in Omakau yesterday, the Vincent Community Board (VCB) agreed yesterday to support additional council funding for the Manuherekia Valleys Community Hub to cover the shortfall.
Another report would come back to the board and the Central Otago District Council in February, once construction costs and the shortfall for the project was finalised.
The board heard from Manuherekia Valleys Charitable Trust (MVCT) chair Andrew Paterson who said the 948sqm building in the domain would replace the existing hall and rugby clubrooms, and also feature a stage for school pupils to host productions.
“The end is in sight, so we’re pretty excited to take this forward,” he said.
In June 2021, Council adopted the Long-term Plan 2021/31 with a council contribution of $1 million included for the hub in 2023/24.
The design for the building had progressed and plans were ready for tender and building consent.
The MVCT has also secured a $600,000 grant from the Bob Turnbull Trust, $80,000 from Matakanui Rugby Club, and $50,000 in donations.
Andrew said discussions with Central Lakes Trust meant it was likely to fund 20 per cent of the build - bringing in another $900,000.
Otago Community Trust (OCT) and Lotteries had also indicated they would support the project up to about $1,900,000.
The current shortfall for the project was expected to be reduced over the next six months as further fundraising initiatives were progressed by the MVCT.
Council property officer Tara Bates said MVCT was very committed to continue with its fundraising efforts with applications to other funders, securing more corporate sponsorship and community donations, as well as holding multiple fundraising events.
Proceeds from the sale of the old Omakau Hall would also go towards the hub project and it was expected to go on the market in the next few weeks.
Detailed options would be provided to the board for how the shortfall could be funded either through debt or from general reserves.
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