The City of Waterloo supplied a loan of up to $100,000 .
The City of Waterloo promised accelerated capital work at the Waterloo Memorial Recreation Complex , but no money has actually exchanged hands between the club and the city .
The City of Waterloo supplied a loan of up to $100,000 , and promised accelerated capital work at the Waterloo Memorial Recreation Complex , but no money has actually exchanged hands between the club and the city .