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.