PROJECT BUDGET

The current budget for all aspects of the Multiplex is $61,287,116.

PROJECT FUNDING

The Multiplex project will be a true investment - yielding tremendous return in both the community's health, a larger community tax base and increased economic activity.

Multiplex financing will come from four sources:

The City of Moose Jaw...................................$24,754,719
The Province of Saskatchewan......................$11,532,397
Gov't of Canada and Province of Sask. (BCP)$15,000,000
Community Fundraising.................................$10,000,000
Total..............................................................$61,287,116

ONGOING OPERATION

Responsibility for funding ongoing operation of the Multiplex facilities will rest with the City of Moose Jaw. The Multiplex facilities will operate efficiently because facility design materials and building efficiencies, which potentially may include geothermal heating, will help keep operating and maintenance costs low. The structures will be far more energy efficient than those buildings the Multiplex will replace. Typically, venues like the Multiplex provide excellent marketing opportunities for businesses. This new facility will attract additional marketing revenue that will better support the operational costs of the facility.

SOURCES OF FUTURE REVENUE

An extensive marketing plan will help capitalize on expected outside interest from concert promoters, sports organizations, business groups, etc. that seek a flexible, large-sized venue for their activities. Independent consultants estimate that some 120–150 outside events could be accommodated each year.

The Multiplex facilities will be designed with revenue generation in mind and will have significant potential. They will be ideal for:

• business, cultural and entertainment events
• tournaments
• exhibitions
• conferences
• trade shows
• agricultural and industrial fairs
• social gatherings

There will be opportunities for local school and community groups, including sport and service clubs, Métis and Aboriginal organizations and nonprofit groups, and businesses to use the facility on a cost-recovery basis.

AUDIENCE/CUSTOMER AREA

The Multiplex facilities are designed to serve the residents of Moose Jaw and the surrounding rural community — as well as those living in Regina — in addition to people in Western Canada and beyond who will visit the city to take part in sports and entertainment events offered at the venue. This broad service area extends the potential for revenue generation to offset operating costs.

The immediate market area is 260,000 people, roughly 25% of the province’s population, and estimated visitorship is 300,000 more.