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HomeMy WebLinkAboutTR-38-81 2 Memorandum TO: Chairman & Members of the Finance & Administration Committee FROM: Klaas Degroot, C.G.A. , Treasurer DATE: May 27, 1981 SUBJECT: Orono Arena ITEM: TR-38-81 Recommendation: "Received for information" Report; The attached financial report shows that as of June 1st, 1981 a total of $19,033 is outstanding on this project; made up of a pledge from the Durham Agricultural Society of $14,000 and $5,033 still to raised by the Fund Rai'si'ng Committee. K. D` opt, Orono Arena May 27, 1981 Actual Actual Anticipated To-Date Balance Project Cost $939,500 $939,500 - Project Revenue C.R.C.A. Grant $126,472 $126,472 - Wintario 487,868 487,868 - Town of Newcastle 54,865 54,865 - Fund Raising 270 295 251,262 19,033 $939,500 $920,467 $ 19,033 Net Unfinanced Project nil 19,033 19,033 Pledge Durham Agricultural Society $14,000 Fund Raising Committee 5,033 $19,033