The most recent cost estimate for the basic structure and cooling system was $4 million. We have hired an area architecture firm to complete the design development plans for the new rink to get better costing estimates. As a privately funded operation our project is not required to pay prevailing wages and we will work with area contractors on in-kind donations whenever possible. We acquired the Spokane
Arena dasher boards in 2015 and used lighting fixtures from a Portland ice rink in 2017 to help reduce our project cost. However, it will take significant funding in order for the new rink to be completed.
The PIR presented a request to the Moscow City Council in August 2016 that $1 million of the Hamilton Fund be made available for a new ice rink. The council responded by unanimously passing a resolution to commit the funds. This was a huge win for our efforts, but a lot of work still remains.
Our projected funding sources are:
|Total funding needed:||$4,000,000|
|Hamilton Fund/Other pledges & cash:||$1,400,000|
|Additional private donations needed:||$2,000,000|