Sault Ste. Marie YMCA reaches purchase agreement, operations will continue beyond May 15

Tuesday, May 7, 2024

The City of Sault Ste. Marie wishes to provide an update on the efforts to sustain the operations of the Sault Ste. Marie YMCA. 
 
The YMCA has reached an agreement for a local charitable foundation to acquire its building at 235 McNabb Street in order to assist the YMCA in improving its cash-flow and helping to sustain operations. The local charitable foundation has expressed a desire to remain anonymous at this time. The due diligence period for the agreement is taking place over the next 60 days and the previously announced closure date of May 15 is postponed until further notice. Plans are underway to continue and resume programming through the summer, including childcare operations.
 
“We have been working around the clock with our partners to develop and implement a plan to secure the future of the YMCA in Sault Ste. Marie,” said Mayor Matthew Shoemaker. “I know the tight timeline following the YMCA’s original announcement that operations would cease caused significant anxiety for community members, and I wanted to ensure we communicated an update to the public about the situation as soon as possible. We will continue to do so moving forward.” 
 
City staff have been working with multiple community partners, including the local charitable foundation and the YMCA, through a working group focused on determining short and long-term plans for the Y. The framework for the agreement contains a plan for continued operations of the YMCA over the next several years; however, for it to be finalized, commitments are needed from multiple stakeholders and the public. There will be a report on the agenda for City Council’s meeting on Monday, May 13 with details about these commitments. More information will be available when the agenda for the meeting is released on Thursday, May 9.
 
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