No, I am not suggesting that the money expended on gravel, and is paid for throughout some other means, is then diverted to arenas. What I am saying is, I am just using that as an example. I am saying that we have to find, and we are finding, a flexible approach to communities' contributions because not all communities have the ability to generate cash. The average cost of an arena, if we can use that for an example, I am told, is somewhere in the region of roughly $1.2 million or $1.3 million, whether you are in Whale Cove or Pelly Bay. The net contribution the community has to come up with is five per cent. There is a formula here. I understand it says, the first $100,000, they have to come up with 15 per cent, the next $900,000, they have to come up with five per cent, et cetera. In a typical situation, you could be looking at somewhere in the region of $55,000 or $65,000 if you were going to do a $1 million arena. Where a community doesn't have the capacity to put up the cash, it could put it up through other means. That is what I am trying to say.
John Todd on Committee Motion 76-12(4): To Adopt Recommendation 13, Carried
In the Legislative Assembly on December 7th, 1993. See this statement in context.
Committee Motion 76-12(4): To Adopt Recommendation 13, Carried
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
December 6th, 1993
Page 492
John Todd Keewatin Central
See context to find out what was said next.