Faced with $31M repair bills, Penticton council considering replacing Memorial Arena, getting out of convention business - Penticton Herald: News

Faced with $31M repair bills, Penticton council considering replacing Memorial Arena, getting out of convention business

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Posted: Monday, January 11, 2016 6:00 pm

Faced with an eight-figure repair bill for city-owned buildings, council on Monday directed staff to explore the possibility of replacing Memorial Arena with a new rink and moving some key civic facilities into the Penticton Trade and Convention Centre.

Council was told at a committee of the whole meeting that 25 city-owned buildings, averaging 40 years of age, will require $31 million in repairs and upgrades over the next decade, according to a 2013 study by an outside consultant.

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