How do we know the new pool will not become a financial drain on the town like the current pool?
The towns exposure to the financial liability of the new pool is controlled in a number of ways. First, the town will retain ownership of the land; it is contemplated that Park & Rec and the town will grant a long-term land lease to WCP. Additionally, all construction costs will be paid by WCP. The completed facility will be leased back to the town, but the towns financial exposure will be limited to the annually approved lease fee approved in the Park & Rec budget at Town Meeting. Finally, the long-term lease will not be executed until WCP has demonstrated the financial viability of the project and fundraising to both the Park & Rec Commissioners and to the Board of Selectmen (the two entities controlling the land lease). In proposing this new pool, the WCP committee has studied the problems with the current pool business model and looked at various alternatives for the project. After extensive review, the committee believes that an indoor-outdoor pool with summer pool passes offers t
