Prospera Centre is set to be renamed the Chilliwack Coliseum

Prospera Centre is set to be renamed the Chilliwack Coliseum

City officials announce they’re entering into sponsorship agreement with Chiefs Development Group

Prospera Centre is set to be renamed the Chilliwack Coliseum as part of a new five-year agreement between the Chiefs Development Group and City of Chilliwack.

City council voted for the name change as part of a late additional item added to the Sept. 3 council agenda.

It was also announced that city officials are entering into a “sponsorship agreement” with the Chiefs Development Group (CDG) for the Prospera Centre building on Hodgins Avenue.

City approved the agreement in the amount of $416,585, and $301,000 will be applied as an early payment as part of the $1.1 million portion for 2021, to be allocated for capital costs on the building.

“It’s been a pleasure working with Barry Douglas and Mr. (Brian) Maloney there,” said Mayor Ken Popove, said referring to the Chiefs’ president of business operations, and president of hockey operations for the Chiefs, who were in attendance in chambers at the Tuesday evening portion of the council meeting. “You are a class act.”

Mayor Popove said he looks forward to the new partnership.

“I think we are going to do great things together,” he told the Chiefs officials.

Coun. Harv Westeringh commented: “great organization, great personnel” and said he was very happy to have the Chilliwack Coliseum name back in town.

Coun. Jason Lum said “it was inevitable” and whatever “magic” was used to get the “good ol’” Coliseum name back sits well with him.

“Working with the Chiefs has been fantastic,” Lum said, adding he knew the building would be coming back to the city, and that it was going to come back as the Coliseum.

Prospera Credit Union notified CDG of its intentions to cease sponsorship of the building in February, and city officials began talking about rebranding the building before making the change in ownership.

“The building requires a new name and CDG has requested that the building be renamed the ‘Chilliwack Coliseum,’” the staff report states.

The new sponsorship deal could be in place until the ownership of the building reverts back to City of Chilliwack from the Chiefs Development Group (CDG).

That provision was included in the 25-year public-private partnership (P3) agreement for Prospera Centre was originally entered into by City of Chilliwack and Chiefs Development Group in 2003.

The agreement specified that the ownership of the building on Hodgins Road would revert back to the city once the mortgage and five $1.1 million payments were made. The city has been buying back the mortgage by making annual payments to the bank.

“Though the city will have acquired the mortgage in 2020, the City doesn’t acquire the building until the end of the 25-year term.”

The sponsorship deal would see the City of Chilliwack covering: the costs of new signage, snow removal from parking lots, landscaping, horticulture, tree maintenance, grass cutting, parking lot line painting and painting the exterior of the building. Also listed was an electronic reader board sign. The responsibility for some of those costs was previously undertaken by CDG.

“This sponsorship would continue until ownership of the building reverts back to City of Chilliwack possibly in six years,” the staff report continued.

READ MORE: Coach likes historic aspect of the renaming

READ MORE: Ringdal retires


@CHWKjourno
jfeinberg@theprogress.com

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

A map showing where the most number of cases were recorded from April 23 to 29. This map, revealing a breakdown of infections by neighborhood, was pulled from a data package leaked to the Vancouver Sun last week (and independently verified).
36 Abbotsford schools flagged for COVID-19 exposures in the last 2 weeks, shattering record

Clearbrook Elementary recorded an ‘exposure’ on all 11 school days

An injection kit is seen inside a Fraser Health supervised consumption site is pictured in Surrey, B.C., Tuesday, June 6, 2017. THE CANADIAN PRESS/Jonathan Hayward
Hope’s high rate of drug overdose noted in BC Coroners Service report

Up-to-date numbers not available yet for 2021, but Fraser Health deaths on the rise

Screenshot from security footage a young, thin cougar prowling on Oliver Crescent in Sardis on May 7, 2021. (Dustin Meyer photo)
VIDEO: Cougar sighting in residential Chilliwack neighbourhood prompts warning

Springtime cougar sightings likely due to cats following deer down to valley floor, says CO

<a href="Facebook users reported seeing a body on the side of the road this morning." target="_blank"></a>Facebook users reported seeing a body on the side of the road this morning. (File photo)
Man killed in fatal hit-and-run collision between Abbotsford and Chilliwack

Body reported at 6 a.m., police close North Parallel Road, single highway lane as they investigate

Westbound traffic is slow moving on Highway 1 following a crash that has police blocking one lane. Google Maps screenshot taken at 9:07 a.m.
TRAFFIC: Crash on North Parallel Road causes road closure, single westbound Highway 1 lane blocked

Abbotsford Police investigating, roads closed between McDermott and No. 3 Road

(The Canadian Press)
Trudeau won’t say whether Canada supports patent waiver for COVID-19 vaccines

‘Canada is at the table to help find a solution’

Edmonton Oilers’ Connor McDavid (97) celebrates his 100th point this season with Leon Draisaitl (29) against the Vancouver Canucks during second period NHL action in Edmonton on Saturday, May 8, 2021.THE CANADIAN PRESS/Jason Franson
Edmonton superstar McDavid hits 100-point mark as Oilers edge Canucks 4-3

NHL scoring leader needs just 53 games to reach century mark

Twenty-nine staff members at Sunrise Poultry Processors Ltd. in Newton have tested positive for the virus, according to an information bulletin from Fraser Health Saturday (May 8). The health authority issued a 10-day closure order, effective May 7. (Image: Google Maps)
29 staff test positive for COVID-19 at Surrey poultry processing plant

Meantime, outbreak over at Surrey Memorial Hospital

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Canada’s chief public health officer is reminding Canadians even those who are fully vaccinated are not immune from transmitting the COVID-19. THE CANADIAN PRESS/Adrian Wyld
Canada’s top doctor warns full vaccination does not equal full protection from COVID-19

Post-inoculation, Theresa Tam says the risk of asymptomatic infection and transmission is far lower but not obsolete

The dash cam footage, taken May 7 at 8:18 a.m. belonged to the driver of a southbound vehicle that recently travelled out of the tunnel. (Reddit/Screen grab)
VIDEO: Dash cam captures dramatic rollover crash on Highway 99

Only one person sustained injuries from the collision, says B.C. Ambulance Services

Chevy stranded on a ledge above a rocky canyon at Mimi Falls near Logan Lake, April 28, 2021. (Photo credit: Margot Wikjord)
Police officer and fire chief team up in risky rescue of stranded dog near Logan Lake

Chevy, a rescue dog, needed rescuing again after getting stuck on a ledge above rocky canyon

Police were on the scene of a fatal shooting in Abbotsford. (Black Press Media files)
B.C. government to give more than $8 million for programs to curb gang violence

221 not-for-profit projects led by local governments and school districts among others will receive a one-time grant

Most Read