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home : letters : letters April 17, 2015

2/27/2014 2:42:00 PM
Fact vs. fantasy

To the editor:

I attended the pool meeting on February 18th. I asked if the pool committee had talked to Red Wing, Northfield or Hastings about their Pool/Water Parks. Silence...

So I called Red Wing to inquire on financial history of their Pool/Water Park. Here are the facts from Red Wing.

-Red Wing population 16,000

-Pool was debt free when built.

4 years of Pool and Concessions financial history:

Expenses - $1,140,388

Revenue - $516,394

Operating Loss - $623,993

*Average yearly operating loss - $155,998

Could Cannon Falls support a yearly operating loss of this amount along with a yearly pool payment of $320,000 for 20 years? Cannon Falls is a great community but only has a population of 4,000. US Aquatics numbers are fantasy. The only US Aquatics numbers that are fact are their portion of the fees they will collect ($458,610) if a new pool is built.

Please vote for what you believe is best for Cannon Falls on March 3.

Rodney Banks

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