Low interest loan secured for Multisport Stadium

Published on 11 June 2021

multisport stadium.jpg

Moira Shire Council’s application for a low interest 2020-21 Community Sports Infrastructure Loan towards construction of the Yarrawonga Multisport Stadium has been approved by the Victorian State Government.

Mayor Libro Mustica said this funding has been earmarked to deliver Stage 1 of the stadium.

“The facility will include two multi-use courts, four unisex accessible change rooms including accessible amenities, as well as multi-purpose rooms,” Cr Mustica said.

“An expansion area for an additional two courts is proposed as the town grows and there is a concept plan showing how an aquatic facility can be added to the stadium in the future.

“It will provide a fabulous venue for schools, sporting and community groups in Yarrawonga and Mulwala and complement the planned growth of the adjacent P-12 College and the existing outdoor netball courts.

“The overall scale of the building will support Yarrawonga hosting major events and conferences in the future.

“The facility will be designed as a modern and contemporary multi-use stadium that is welcoming and flexible in design to accommodate a wide range of uses.

“The vision for the new stadium will be to create a place for sport and recreation; teaching and learning; community events; and community health and wellbeing.”

The Victorian State Government scheme provides low-interest, government-guaranteed loans of between $500,000 and $10 million to councils, clubs, associations, educational institutions and facility managers to develop high-quality community sport and active recreation infrastructure.

“We are still pursuing additional grant opportunities through the Victorian and Federal Government and are optimistic we will have the funding mix wrapped up in the next few months so the project can move to a construction phase later this year,” Cr Mustica said.

 

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