Firstly we are awaiting a letter from Council which will allow us the opportunity to establish a Deductible Gift Recipient (DGR) fund that will be able to accept tax deductible donations. We hope this will happen over the next week or so.
Secondly at last Wednesdays (17th Sept) Council Meeting, we were pleasantly surprised to hear of a communication to Mayor Neil Rankine from Hon Greg Hunt MHR, of the possibility of funds from the Federal Government which could be used for the Phillip Island Aquatic Centre.
Several questions were asked and answered of the CEO exactly what this would mean for Council; his answers surprised and delighted those in the gallery. This is for use in relation to Phillip Island and the answer from the CEO went along these lines, what does it mean, well we need to develop plans and specs for the Centre let’s say it cost $15mil, the three levels of Government would pay 33% each ($5mil), does that mean Council would borrow their share? Yes and it would be combined with whatever fund this group had at the time.
This is in complete contrast of earlier Council thinking and passed Council Motions which should give all of us heart, that there may be an end in sight for our long awaited Aquatic Centre.
As at the AGM we outlined under the information we had at the time, if Ratepayers on Phillip Island and San Remo each gave over the next two years $208.00 and if the centre we were considering cost $8mil, we could build an Aquatic Centre within the next three years under the conditions outlined from Council.
As Secretary of PIACF I have been able to discover more about Greg Hunts communiqué, it apparently suggest the National Stronger Regions Fund could be the vehicle to obtain the funding, however it doesn’t start until 2015-16 and will run for the next five years.
We firmly believe we still need to push on with the development of plans and location for the Phillip Island Aquatic Centre while establishing the DGR Fund; these things will allow our centre every opportunity to succeed.
We ask all of you if you can either become a financial member or maybe even join the many who have purchased a foundation brick for either $50 for a single or $150 for a family, or you may wish to just donate, please come forward. For those of you who want to wait until the DGR Fund is set up we will make sure we announce it as soon as we can.
An end is in sight, come and join and be part of this exciting venture.
Peter McMahon Secretary