Thursday, January 25, 2007

Soccer Federation Finds Little Help At City Hall-CJOB

Soccer Federation Finds Little Help At City Hall
JAN 24 2007 01:10 PM


The City of Winnipeg Executive Policy Committee is saying no to a request for more time to secure financing for an indoor soccer complex at the University of Manitoba.
EPC turned down a request by Winnipeg Soccer Federation Chairman Keith Ferbers for an extra three weeks to find its share of the financing for the 11-million dollar facility. Ferbers says the Federation did not have enough time to line up the cash after the original developer Laureate Developments pulled out of the project late last year. He adds, the city only let the Federation begin approaching new funding last November:

EPC also turned down Ferbers request for a 3.5 million dollar loan guarantee from the city and is opening up the project to new expressions of interest.

CJOB's Colleen Bready reporting.