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News Release - May 19, 1999 PRINCE ALBERT VISUAL AND PERFORMING ARTS CENTRE RECEIVES $2.3 MILLION FROM THE ASSOCIATED ENTITIES FUND
Energy and Mines Minister Eldon Lautermilch, on behalf of Municipal
Affairs, Culture and Housing Minister Carol Teichrob, announced today that $2.3 million has been set aside from the unallocated balance of the Associated Entities Fund for the Prince Albert Visual and Performing Arts Centre. "Construction for the arts centre will be a sizable boost for the local economy," Lautermilch said. "It is also expected to encourage new partnerships and maximize industry potential, by linking and expanding cultural development and tourism in the city and area as well as provide eight permanent jobs in Prince Albert for the ongoing operation of the centre." The visual and performing arts centre is the first phase of the city's downtown area redevelopment plan with an estimated cost of $9.8 million more than $3 million has already been committed from community groups, local businesses and other sources. "Providing funding for capital projects such as the Prince Albert Visual and Performing Arts Centre from the unallocated balance of the Associated Entities Fund demonstrates the government's interest in developing strong, safe and self reliant communities and will facilitate local economic development and employment," Lautermilch said. The Associated Entities Fund was established by the Saskatchewan Gaming Corporation Act to distribute a portion of casino profits for the benefit of Saskatchewan people. The AEF distributes grants to exhibition associations, M‚tis organizations, and local community groups that provide programs and services for vulnerable children, youth and families. "The visual and performing arts centre will provide ongoing benefits to children, youth and families within the Prince Albert community and demonstrates, in a tangible way, the use of casino profits to yield ongoing social benefits through expanded culture and recreation opportunities," Lautermilch said. The $2.3 million announced today will be available once the Prince Albert Visual and Performing Arts Centre has satisfied all of the criteria established for the grant. The Associated Entities Fund receives a portion of the profits from Casino Regina, the Gold Eagle Casino in North Battleford, the Northern Lights Casino in Prince Albert and the Painted Hand Casino in Yorkton. - 30 - For more information, contact: Maureen Boyle, Communications Saskatchewan Municipal Affairs, Culture and Housing Regina Phone: (306) 787-5959 |
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