SHERIDAN — A proposed new indoor aquatic center may take another step closer to reality this month. The Citizens for Community Recreation could receive the deeded land located south of the YMCA on the current soccer fields to build a $12.5 million facility sometime this month.

Sheridan YMCA Executive Director Jay McGinnis said while it may be optimistic, it’s not unreasonable to think that construction of the facility could begin as soon as fall 2016 or spring 2017.

Officials will also meet with local architecture firms this month to discuss the construction phase of the project.

So far, the Citizens for Community Recreation’s fundraising efforts have gone smoothly. McGinnis said they are still in what he calls the “quiet phase” in which they are making plans for the facility itself and soliciting large donors to contribute to the project. Already, they have received substantial large-scale monetary commitments and verbal commitments from donors.

However, getting that deed for the land to build the facility is vital for the fundraising efforts, McGinnis said, which could lead to a flood of financial support.

“Some of the (verbal donors) are simply waiting for us to get that property deeded south of us, then they would confirm a pledge,” McGinnis said.

Most of the funding will take place through local organizations and individuals with ties to the Sheridan area. The fundraising model will also depend on obtaining smaller donations from local residents. One of the largest donors to the project is the city of Sheridan, which will put $4 million toward the project.

The facility itself will operate on a budget estimated around $577,113 which will be payed for by endowments, user fees and YMCA contributions. The indoor aquatics center will eventually allow for more opportunities for activities for families and youth, project organizers have said.

“We are getting really good responses from supporters, funders and friends of the YMCA,” McGinnis said .