PCU Center Update January 2017

Many things have happened since the Opening of the Portage Credit Union Center Opening in 2010.

Most notably in the good column would be the hometown Portage Terriers winning the RBC Cup on home ice in 2015

In 2017 it will be getting a new name, as the Portage and Austin Credit Unions have merged to create the the Stride Credit Union. Perhaps then it can shed the notorious nicknames it has been called, PCU Center easily translates into the “Puke Center” for many residents.

But the one title it will never lose its association to will be the “Mistake by the Lake”

From the cushy deal made with shareholders of the Fair Board, and the following max borrowing by the RM of Portage to force farmers to pay for recreation in a neighboring town, the problems continue to manifest themselves

Sadly with the most recent pool issues causing closures again, The mistakes the 2006 City And RM of Portage la Prairie councils made are coming back to haunt us yet again.

Of the politicians who voted in favor of the complex in its current form, most chose to retire from politics before they could face the wrath of the electorate. Those that did run again were quickly shown the door.

Now with over 60 million dollars invested in this facility to date when including debenture interest costs and operating deficits, the bleed continues with an annual operating loss of 1.6 million dollars and untold losses from the current uncertain result of lawsuits.

It will be interesting to see what defense the building contractors have, and if their fingers point back to the councils that approved the Mistake by the Lake.