Met with the CAO today....he clarified what can and cannot be financed with Resort Community Funding... it has to be used to promote tourism or to finance facilities that will increase tourism....It works on a "use it or lose it" basis.....if the money isn't spent it doesn't accumulate year after year.....
The Lighthouse Trail would be eligible (Tonquin to Middle Beach)
The Downtown Revitalization (Campbell st upgrades and improved parking and traffic issues) would be eligible
The program is open to a degree of interpretation....it is possible that upgrades to the 1st st. dock might be eligible if they are tourist related....
The bike park would be eligible and it is on the list of proposed projects...
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