Extra money in budget could go towards infrastructure
In late June, Lac La Biche County announced they had made the almost $3 million payment towards the Bold Center.
The 250,000 square foot recreational space opened its doors in 2011, and in just nine short years the $48 million facility is completely paid off. In that same announcement, the County said because the Bold Center is paid in full, there will be “nearly $3 million freed up annually for use in future County budgets.”
Even though there will be extra money, Lac La Biche Mayor Omer Moghrabi says because of the COVID-19 pandemic, they have to be cautious with their spending.
“We’ve got to be frugal here coming up, I’ll tell you that because we don’t know how long this pandemic is going to last,” said Moghrabi.
“We are still in the midst of a major slump with our oil and gas and that affects our communities. The money will go to general revenue and we will use it the best that we can.“
The money is likely going towards infrastructure like water pipes, roads, and bridges, especially since there are millions of dollars worth in damages from the flooding that happened in early June.
“I think this pandemic, and the flooding we experienced has really shown us some of the weaknesses we have,” said Moghrabi. “We have to come back down to earth here.”