Vision Clearer For New Vernon Cultural Facility
A major step has been taken in the campaign for a new cultural facility for Vernon.
The Board of Directors of the Regional District has approved a preliminary funding strategy for a 40 million dollar project.
“It basically covers everything that’s related to the cost of building the building and it’s related in 2020 dollars as well, so they’ve added an inflation factor.”
Breaking that down, it is made up of pre-construction and project management costs of $3.34 million, construction costs of $29.38
million, a construction contingency of $5.78 million, and a land purchase contingency of $1.5
million.











