Aquatarium won’t need loan from city

In this Nov. 20, 2015, file photo, Aquatarium Executive Director Bill Rogerson speaks to attendees at the Leeds-Grenville Economic Development Summit. Rogerson has announced the tourist attraction will open March 1, 2016. (Newswatch Group/Bill Kingston, File)

BROCKVILLE – The city’s newest tourist attraction won’t be needing an extra $100,000 to help with cash flow issues.

The request from the Brockville Aquatarium was supposed to come up at Tuesday night’s council meeting but the operating loan request was withdrawn.

The Aquatarium has apparently found alternate funding through an interest-free loan, the details of which haven’t been made public.

The project – pressured by delays – had already needed an extra $1 million in a city grant to cover capital overruns.

The $26 million facility on Broad Street opened Mar. 1 with a formal ceremony expected sometime in May.

July and August are expected to be the attraction’s bread and butter months.

Likes(0)Dislikes(0)
Facebook Find Brockville Newswatch on Facebook