Swell times ahead for surf club
The planned multi-million-dollar redevelopment of Broome Surf Life Saving Club on Cable Beach has received a new financial support package, allowing construction in 2020.
The Shire of Broome has approved two requests from the BSLSC for extra cash and help to negotiate borrowings through the WA Treasury Corporation.
Shire councillors voted 7-0 recently to contribute $275,000 towards the club refurbishment and organise a $300,000 self-supporting loan, both within the 2020-21 budget.
The BSLSC has already secured $1.5 million of project funding through Lotterywest and $300,000 from the State Government towards the long-held aspiration of transforming the club into a world-class venue, boasting spectacular sunset views over the Indian Ocean.
Council chief executive Sam Mastrolembo has been authorised to borrow up to a maximum of $300,000 from the WATC for a maximum period of 15 years.
He would finalise the loan agreement with the BSLSC at repayment terms that would be the same as the loan obtained by the WATC and re-negotiate a new lease for the club.
BSLSC director of finance Nat Giancono said the club was not seeking any further funding and the planned building works fell within the budget scope. “We are now working on getting everything finalised and approved by the council with the intention of construction starting by the end of next year,” she said.
“We are on the home stretch after many years of planning, which is extremely gratifying to everyone who has worked so hard on making this happen, especially former BSLSC president Rob Aristei and the Shire of Broome.”
The crusade to redevelop the club was initially bolstered by the council in 2016 with funding and in-kind support worth almost $250,000.
The Shire waived waste, building and planning fees associated with the development and contributed $76,000 towards the project.
As part of the deal, a peppercorn lease arrangement with the BSLSC continued along with maintenance of surrounding parks and gardens.
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