The CEO of Saskatoon's Meewasin Valley Authority says the organization will need to close down trails and programs if it doesn't receive $2.7 million in extra money.

The organization, charged with preserving and maintaining Saskatchewan's riverbank, says Meewasin's infrastructure is in serious trouble.

"The [Meewasin Valley Centre] building is beginning to leak," said CEO Lloyd Isaak. "We are at a point, with our two facilities and some of our trail segments, we are seeing failures that are almost beyond repair."

Isaak said money for the group has been frozen for the last 30 years. Now, with mounting costs at its trails, as well as the Beaver Creek interpretive centre, he believes something will have to give soon.

"We are considering closing some portions of our facilities or dropping some programs," he said. "It's really trying to understand what our participating parties' vision for Meewasin will be this next year, and certainly into the future."

The group has sent a letter asking the city, the provincial government and the University of Saskatchewan for more funding.