Princeton’s recreation facilities will continue to be funded in part by the Regional District of Okanagan Similkameen, after council moved to renew a three-year-old agreement with that body during the last December council meeting.
Mayor Frank Armitage said the deal mirrors the original cost-share contract inked in 2014.
It commits the RDOS Area H to contributing 43 per cent of the total operating budgets of the arena, Riverside Centre, the outdoor pool, the fairgrounds and recreational programs.
In a report to council interim CAO Bob Wilson said: “this agreement does not cover any capital costs of any new recreation facilities.”
When asked by a member of the public how the agreement would be impacted by the proposed indoor aquatic center Mayor Frank Armitage replied that issue would be negotiated separately if Area H expresses an interest in the pool project.
The new agreement is for five years, and will renew automatically every three years after that unless one of the parties provides a year’s written notice that it wishes to renegotiate or terminate the deal.