Marshfield Aquatic Center project funding revisited
For Hub City Times
MARSHFIELD – During the Jan. 28 Marshfield Common Council meeting, city leaders revisited the issue of funding for the $6.5 million aquatic center building project planned for the city, using $3 million in private donations, along with $3.5 million in matching funds from the city.
City Administrator Steve Barg says the council discussed whether funds, from entities like Marshfield Utilities or the city’s Economic Development Board, could be used to help round out the $3 million private donation portion of the project, which is currently at around the $2 million dollar mark.
“So the question is,” Barg explained, “if this body would construe those monies coming in to be part of the $3 million we need to raise to get this off the ground? Or would they be considering that to be city-related dollars which would effectively reduce the amount of borrowing that the city would plan to do for its $3.5 million share.”
But council members like Rebecca Spiros said it’s premature to think the $3 million private donation goal won’t be reached.
“It’s wrong timing right now to be bringing this up,” she said. “Let’s give this a little bit more time. If the funding falls short from the private, then we can look at getting this funded in other ways.”
If fundraising goals aren’t met in time for summer construction planning, city officials have voiced concerns that a July groundbreaking for the new water park could be delayed for as much as a year.