Nanaimo city councillors approved the first three readings of a bylaw authorizing the city to borrow $4.5 million to fund the construction of the Port Theatre’s proposed community performing arts centre expansion project. (News Bulletin file)

Nanaimo council supports borrowing $4.6M for Port Theatre expansion

City councillors pass first three readings of borrowing bylaw

Expansion of Nanaimo’s Port Theatre has gained further support from city council.

During a meeting on Monday night, Nanaimo city councillors approved the first three readings of a bylaw authorizing the city to borrow $4.5 million to fund the construction of the Port Theatre’s proposed community performing arts centre expansion project.

Councillors also approved providing an additional $100,000 in funding towards the project. That money will come from the city’s strategic infrastructure reserve fund. Both motions were approved unanimously.

The Port Theatre’s proposed performing arts centre project would feature a 50-240-seat performance space, two rehearsal spaces and is estimated to cost $21.2 million, with $15.5 million sought through a federal infrastructure grant request which councillors supported late last year. The remaining money would come from the city and the Port Theatre Society.

Should councillors pass final reading of the $4.5-million borrowing bylaw, it would result in a one-per cent property tax increase spread out over three years for Nanaimo residents.

The Port Theatre Society has been attempting to expand the theatre for years. After attempts to expand were scrapped in 2009, the society revived plans in 2013 with the hopes that the project could be completed in 2017. Although councillors had approved contributing $4.6 million towards the project in 2014, attempts to secure federal funding failed along with a potential sponsorship deal, causing the project to stall until recently.

RELATED: Theatre society revisits building studio space

RELATED: Port Theatre dusts off plans for expansion

RELATED: City to fund Port Theatre expansion

RELATED: Port Theatre expansion remains on track

RELATED: Port Theatre revises expansion plan

RELATED: Nanaimo council considers new terms for Port Theatre expansion project

RELATED: Nanaimo council approves $4.6M grant for expansion of Port Theatre

RELATED: Council endorses federal infrastructure request for Port Theatre expansion

Just Posted

2019 FEDERAL ELECTION: Meet the candidates for the Courtenay-Alberni riding

In an effort to inform the Courtenay-Alberni riding constituents, we have supplied… Continue reading

Ballenas Whalers high school football squads take down Belmont

Parksville teams score back-to-back shutout wins over Bulldogs

Qualicum Beach goalie at training camp with Montreal Canadiens

LaCouvee angling for spot with AHL Laval squad

Seven buildings proposed for waterfront development in Parksville

IAG Developments hosts second public open house to gather feedback

VIDEO: Vancouver Island mayor details emergency response after fatal bus crash

Sharie Minions says she is ‘appalled’ by condition of road where bus crashed

Conservatives promise tax cut that they say will address Liberal increases

Scheer says the cut would apply to the lowest income bracket

B.C. VIEWS: Cutting wood waste produces some bleeding

Value-added industry slowly grows as big sawmills close

Fewer trees, higher costs blamed for devastating downturn in B.C. forestry

Some say the high cost of logs is the major cause of the industry’s decline in B.C.

Federal food safety watchdog says batch of baby formula recalled

The agency says it’s conducting a food safety investigation

UVic president offers condolences after two students killed in bus crash

‘We also grieve with those closest to these members of our campus community,’ Cassels says

Coming Home: B.C. fire chief and disaster dog return from hurricane-ravaged Bahamas

The pair spent roughly one week on Great Abaco Island assisting in relief efforts

Newcomer Ferland lines up with sniper Pettersson as Vancouver Canucks camp opens

Ferland provides more depth and a scoring threat up front, Pettersson says

Intelligence official charged seemed to be ‘exemplar of discretion’: UBC professor

Professor Paul Evans says he served on Cameron Ortis’s doctoral dissertation committee

Most Read