The Evansville City Council voted unanimously to fund the aquatic center 9-0.

It was a packed house at the Evansville City Council meeting. Dozens of swimmers, from young kids all the way up to Olympic gold medal winners showed up to support the new pool.

The star of the show was Reitz grad, Lilly King. The IU swimmer, Olympic gold medalist, and world record holder spoke about her time at Lloyd Pool. She did not mince words, saying she no longer got sick because she already got every sickness when swimming at Lloyd Pool.

Her words were backed up by many in the community and Mayor Lloyd Winnecke.

The Evansville City Council still had questions, but they came around to the idea of a brand new pool.

More details on how the $28.4 million dollar project will be funded were released during the Evansville City Council meeting. It all revolves around a multi-year bond agreement.

Evansville Mayor Lloyd Winnecke plans to have $10.2 million dollars ready up front. That’s going to come through a variety of funding streams. The first comes by way of the Deaconess naming rights partnership. The hospital system will put up an initial $500,000 dollars.

The EVSC has 7 teams swimming at Lloyd pool and will eventually move its teams to the new pool. The school corporation is putting up $700,000 dollars initially, but will also pay a yearly lease.

The mayor will have to go back to the Evansville City Council to request $5 million dollars in Riverboat cash.

One of the major draws of the location across from Bosse Field is that the project can use Jacobsville TIFF district dollars. The mayor will use $4 million of those dollars to pay up front.

That only adds up to $10.2 million dollars so another $18.2 million dollars, so the city plans to repay the rest of that in yearly installments of $1.5 million dollars.

For 14 years, Deaconess will continue to pay $142,857 dollars yearly to keep their name on the wall.

The Jacobsville TIFF district and Riverboat money will make up the rest of those annual payments.