A $2.2 million dollar capital development campaign plus an additional $6 million dollars in tax free bonds from the Quad City Regional Economic Development Authority (QCREDA) provided funds for renovations and construction of an addition at Moline’s, Two Rivers YMCA. The YMCA is a 501(c)(3) tax exempt organization, which meets the requirements for the low interest bond-financing program. Interest rates are generally 2.0% to 3.0% below prime rate. The funds were used for a new therapy and family aquatic center, an expansion of the child-care program, teen facility and wellness center. A sprinkler system and other life-safety improvements were made in addition to renovations to the men’s locker room, and women’s locker rooms.
