The long-awaited and much-debated indoor pool proposal is officially out of Princeton’s hands.
The deadline for an application, pitching for $20 million to build a facility under the Investing in Canada Infrastructure Program, passed on Wednesday January 23 at midnight.
Acting Princeton CAO Lyle Thomas sent town’s bid January 22.
“It took us a lot of time and effort but we feel we are sending in a quality application,” he said in an interview with The Spotlight.
Princeton has spent approximately $135,000 on architectural designs and studies to support its bid.
Related:New Princeton council takes pool plunge
It was initiated by the former council - following a succession of failed indoor pool proposals over many years - and the new council invested money in November to supply a detailed energy model of low carbon and green economy aspects of the project, as required by the grant program.
The pool is proposed to be built on Bridge Street, on the former Overwaitea property.
It is to include a five-lane lap pool up to 6.8 feet deep, a leisure pool with tots area, overhead sprays and rehabilitation features, a lazy river, hot pool, upper level walking track, pickleball courts and exercise area, coffee bar, party and meeting rooms.
The total cost of the project is estimated at $27 million.
The municipality has more than $2 million in reserve funds earmarked for pool construction.
Grant awards are expected to be announced in July.
Related: Pool construction will cost Princeton more than first expected
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