Capital Improvements Project Goals
1. To establish a capital fund, using the equity currently enjoyed in the “excess” area in UPI.
2. To obtain input from the membership about interests in capital projects to guide the Ottawa-Carleton Ultimate Association Board of Directors (BoD) in its decisions.
3. To establish firm timelines for the same.
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Read Key Questions asked by members FAQ
Consultation about Capital Improvements Fund
The Ottawa-Carleton Ultimate Association Board of Directors is seeking the input of the members on three questions:
1. Whether to sell the “excess” land that forms part of UPI to form a capital improvements fund.
2. Whether, alternatively, to explore other development options for the unused land.
3. What capital improvements, if any, OCUA should pursue with any capital acquired.
Email upisale@ocua.ca with your feedback!
Input Sought OCUA would like the input of its members on two issues:
1. Should OCUA attempt to sell the excess 68 acres at UPI, and with what conditions? Alternatively, should OCUA attempt to develop the land on its own?
2. If so, what are the types of capital improvements that OCUA should invest in? The capital improvements that have been considered include:
a. A permanent structure at UPI (clubhouse, etc.);
b. Improved online presence for OCUA;
c. Acquiring an ownership interest in a dome;
d. A giant tower of frisbees; and/or
e. A capital improvement fund to use at a later date.