Deaconess Aquatic Center Coming To Garvin Park

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Deaconess Aquatic Center Coming To Garvin Park

SEPTEMBER 7TH, 2018 JOYLYN BUKOVAC EVANSVILLE, INDIANA

Evansville’s new state of the art indoor pool now has an official name. It’s called the “Deaconess Aquatic Center.” The 28.4 million dollar project will replace the city’s aging Lloyd pool.

Earlier this week, plans for Evansville’s new pool were unveiled, and today it was named the Deaconess Aquatic Center. The indoor aquatic center will feature competitive swimming lanes, a diving area, and a place for people to learn how to swim. Officials at Deaconess say they hope their 2.5 million dollar investment will help battle obesity and improve their health.

“Part of our mission at Deaconess is to promote the health and well being of the community, and we think this project is on target for that,” says Deaconess CEO, Shawn McCoy.

There have been several big projects unveiled in the city recently, and the mayor says this is one more example of how Evansville is thriving and growing.

“It’s a quality of life statement. We know we need to replace Lloyd pool. It’s 43 years old. It’s beyond making major investments going forward, so we know we have to replace it. So the fact that we have a funding mechanism in an underserved area that will also compliment this multimillion streetscape project,” Mayor Lloyd Winnecke.

This project alone will cost 28.4 million dollars, and the city is making a 10.2 million dollar down payment.

“We’ll take about four million dollars from Jacobsville cash that’s accumulated, and that would be applied toward the down payment and then going forward on an annual basis to service the debt, we’ll use approximately 900 thousand dollars for debt services from Jacobsville tiff.”

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2 COMMENTS

  1. There is little doubt that Lloyd Pool is at it’s life cycle . . .putting additional funds into the facility would be foolish . . .the reason why Mayor Winnecke has chosen Garvin is similar to why Weinzapfel chose down town to be the location of the Ford Center . . .they both need a source of revenue to float revenue bonds . . . without the stream of revenue, i.e TIF funds, the projects would have to be financed by obligation bonds which means the obligation bonds must be voted on by the general public . . .of course, this may be a hard sell . .so, the downtown and Jacobsville TIF’s are ripe for the taking . . .and then here comes Deaconess, willing to plunk down 10% of the deal and the City puts up 10m as a down payment . . .but, wait, isn’t the Jacobsville TIF balances in the same bank account as that of the General Funds, Parks Fund, Hosp Funds, etc. and if that is the case, would it be apparent that the 10% would be reducing the float ability of the General Fund???

  2. this won’t close the city spray park at the Bank or the city fountain by the courts will it

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