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News Release - July 20, 2009 GOVERNMENTS, CITY AND RIDERS PARTNER ON FEASIBILITY STUDY FOR DOMED FACILITY IN REGINAThe Federal and Provincial Governments, the City of Regina and the Saskatchewan Roughriders today announced a joint investment of up to $1 million for a feasibility study into an all-season, multipurpose entertainment facility in downtown Regina. The feasibility study will be completed in January 2010 and submitted to the partners for review and a decision. This is the next step following the initial concept review outlining options to address the state of Mosaic Stadium, which the Provincial Government released today. The cost of the feasibility study is estimated at $1 million, 40 per cent of the cost through the Canada-Saskatchewan Western Economic Partnership Agreement (WEPA) via Western Economic Diversification Canada; an equal 40 per cent share from the Province of Saskatchewan; as well as 10 per cent each from the City of Regina and Saskatchewan Roughriders Football Club. "Our Government's Economic Action Plan is focused on investing in initiatives that will create new opportunities and economic growth," said Andrew Scheer, MP for Regina-Qu'Appelle, on behalf of the Honourable Lynne Yelich, Minister of State for Western Economic Diversification. "That's why investing in this study is an important step and helps ensure value for tax dollars." Two consultants have been contracted to complete the majority of work on the study. Stadium Consultants International (SCI) will work on site planning, preliminary design options and costing. Global Spectrum will assist with the operational and facility business plan aspects of the project, including the scope of opportunities for the facility as a multi-purpose venue. As required, other consultants will be used to examine economic and local impacts.
PCL, a company originating in Saskatchewan, but now operating nationally, has agreed to work with SCI on the issues of construction and costing.
"This is about so much more than a new facility," Mayor of Regina Pat Fiacco said. "This has the potential to be an urban re-development on a scale never before seen in our city. The impact of this project on our community would reach to every corner, every street, every neighbourhood and beyond." -30- For more information, contact:
Joanne Mysak
Kaeli Madill
Ryan Whippler Email: ryanw@saskriders.com
Kathy Young
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