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Govt’s $2m for Sandys 360 ‘under review’

Financial difficulties: The Sandys 360 sports complex

A $2 million Government grant for the cash-strapped Sandys 360 centre remains “under review”, according to a Public Works spokesman.

Unable to pay its electricity bills, the West End community and sports facility was this week forced to close its doors.

Asked when the centre would reopen, acting chairman Stanley Lee told The Royal Gazette: “We will be making that announcement at some later date. We will not leave things as they are.”

He declined to say whether staff had lost their jobs, but added: “We’d just like to apologise to our supporters and donors.”

Although the charity is registered through to May 2014, Sandys 360 has no audited financial statements on file with Government.

The sports and aquatic centre, which just hosted a community forum on gang issues, has been hailed as a world-class facility since its 2009 opening — but has persistently struggled to make ends meet.

Government provided $1 million toward construction before Sandys 360 was built, followed by $2 million under a Memorandum of Understanding last year.

But the latest allocation is on hold as Government discusses the centre’s future with HSBC bank.

Exactly how much Sandys 360 owes has not been made public — but electricity costs were said to run into tens of thousands a month, and Belco called the disconnection “a last resort to be taken only when an account is seriously delinquent”.

The $10.1 million Somerset centre features a 25-metre heated pool and extensive air-conditioning.

During the 2013 Budget debates, Public Works Minister Trevor Moniz told MPs that, although $2 million had been allocated for Sandys 360, the grant would go under a broader review to determine “the best way forward as we consider how the funds of the public are used”.

Mr Moniz added: “This will include meeting with the parties affected before any final decisions are taken.”

The funding would have been “allocated incrementally”, he said — but has yet to be approved.

Last night a spokesman said there had been “much communication with Sandys 360 as well as with the lending institution in an attempt to agree a way forward”.

Sources close to the facility have said the lack of coherent financial statements have seriously hampered its ability to get donations.

In earlier interviews with this newspaper, Mr Lee indicated that Sandys 360 had embarked on a full restructuring over the summer — and was readying its accounts with corporate assistance.

As of yesterday the facility’s website didn’t name a fresh board of directors.

Last night, Charities Commission head Cummings Zuill said Government could potentially already hold the required financial statements from Sandys 360.

“It could be in our ‘in’ tray, or waiting to be handed to the Commission,” Mr Zuill said, adding that a recent call for charities to hand in up-to-date financial statements had resulted in a backlog.

However, the Commission is not able to give comment on individual cases.