On June 25, 2024, due to a fire, the Anicinabe Park Concession Building was declared a total loss.
The appraised structure was described as follows:
- Section 1 – Single story restaurant area with a reinforced concrete full basement, approximately 1,160 SF of gross floor area, 8-foot storey heights
- Section 2 – Pavilion with concrete pile construction type, timber framed open vault ceiling, approximately 1,016 SF of gross floor area with 8-foot eave heights
The appraisal was based on a structure with the original construction dimensions and design as the pre-existing building, using like, kind and quality materials, and labour rates as of October 2024.
Based on the information and documentation received and reviewed to date, the value for replacement was assessed at $694,559.00.
The deductible on this property loss claim is $25,000.00. In our previous reports to Council when we have an insurance claim, Council has three different options to consider:
1. Rebuild a facility to the assessed value – resulting in facility of a similar size and structure.
2. Receive the insurance settlement and use the funds to build/acquire a new structure that may be above or below the assigned value.
3. Receive the insurance settlement and defer any decision to rebuild.
As this was an unanticipated loss, the insurance settlement would be received as revenue of $694,559.00 in 2024. At the discretion of Council, these funds can be committed in the 2025 budget to undertake the following:
1. Rebuild the facility at Anicinabe Park
2. Purchase a modular building to be placed on slab or piles, of a similar size for lesser value, estimated at approximately $200,000 - $225,000. Providing the remaining amount to be used to offset future operation and maintenance of the park. This type of concept allows us to move the facility, or build the facility and is not a set structural facility and provides different flexibility at a more affordable option.
3. Received the funds to be used at Council’s discretion.
Is there an opportunity to determine other options for the park, and Council should consider what they would like to see in the park.
Discussion: Council questioned if there was a mobile structure that could be considered to add to the park. The model being considered does not factor in concession revenue if we offered it as an internal operation or we tendered that portion out. Basic registration and check in can be considered in a very small site, but if we wanted concession or canteen services we would require a larger structure. The design and the long term planning for the permanent structure would come back to Council at a later date.
Council would like additional time to consider the direction and this item will return at a later date.