The Prince George’s County Council approved a project expenditure budget of up to $20 million to replace the Tucker Road Ice Rink. The County Council authorized $11 million funding to come from M-NCPPC in bonds and pay-as-you-go funding, plus an estimated $9 million from the insurance claim. This is currently being negotiated. The initial estimate from the insurance company is $3 to $3.5 million.
The total amount of funding or total amount that can be spent, will not be known until the insurance claim is finalized. The good news is that the $11 million in funding will be available July 1, 2017, which will allow M-NCPPC to move as quickly as possible on this project.