The Huntsville/Lake of Bays Chamber of Commerce is looking for solutions. The Chamber is holding a special meeting for its members next month to vote on adding a borrowing resolution to their bylaws. Executive Director Kelly Haywood says they’re looking at getting a loan, having lost money at two recent events including the Muskoka Sound Music Festival.
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Haywood says bad weather and it being the first year of this event were factors in the revenue loss. The Chamber also lost $69,487.70 at the Girlfriends’ Getaway Weekend. In total, the chamber lost $133,061.53 from the two events. Haywood says they are also looking into selling their building, which they own.
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Haywood says they would use the equity to pay back any loans so the chamber doesn’t get into a position where they need to cease operations.
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The special meeting is on December 4th at the Hidden Valley Resort. It’s happening in the Algonquin Meeting Room at 5:30pm. Haywood says she hopes their members will come out to show their support.