The committee consists of co-chairs Marcy Cook, Sophie Haywood, and Sawyer and Sammie Sparks.
The committee was put in place at a Bloomfield Town Council special session, which featured a report from Midwestern Engineering Firm with ideas for the future of the pool.
The engineering report was ordered after council members feared the pool was unsafe, and closed the pool for the summer.
The town learned the least expensive option, termed as merely a "Band-Aid," would cost upwards of $355,000, and other options could cost up to $900,000.
The town and residents made no decision at the Sept. 25 special session, but at the suggestion of Cook, the fundraising committee was appointed and given permission to kick off its efforts.
"The (Bloomfield Town) council has been very supportive of us by giving us the go-ahead on fundraising. It's great to have the support from them (council)," Sawyer Sparks said.
The fundraising committee will be set up at the basketball court in Bloomfield Park on Friday and Saturday at the Apple Festival.
There will be a free putt-putt game, in which donations will be accepted. Sparks said there will also be other various games and prizes.
The main fundraising effort will be the sale of T-shirts, with the design created by Bloomfield artist Emerson Quillan -- creator of the humorous line of "Listen Honey" products.
The T-shirts will be $15 each, and feature a Cardinal -- the Bloomfield School District mascot -- carrying two pails of water, with the text "Fill up the pool!"
Sparks stressed 100 percent of the funds raised will go to the pool.
There are other fundraising ideas in the works, but Sparks said the fundraising committee is still doing some planning.
"Everything for the pool will be going on around the basketball court," Sparks said.
Sparks said it is important for all residents to band together to make the reopening of the pool possible.
The fundraising efforts are expected to be done in two phases, Sparks said. The committee wants to first focus on getting the necessary updates to the pool to have it opened next summer.
The second phase of fundraising will focus on having a splash park installed at the pool, hopefully up and running by the summer of 2014.
"There are a lot of things that are missing in the town. We used to have a bowling alley. We lost the skating rink, and now we have lost our pool," Sparks said. "This is something I went to as a kid. There needs to be something in the town of Bloomfield for families to do, not just kids. The pool is one of those activities."
Sparks said the pool may only be a summer activity, but there is another reason having a town pool is important.
"It doesn't just benefit families. It benefits homeowners. A home is valued more if there is a pool in the town," Sparks noted.
The fundraising efforts will be long term, Sparks stressed, noting the committee is considering promotions for the pool in the future.
"There is a number on the price of building the pool, and there is a number on the price of keeping it maintained. With our plan, it is definitely very possible to make this a reality," Sparks said.
Bloomfield and area residents should be expecting letters in the mail soon to promote the fundraising efforts, and there will be incentives for donors.
"The big thing we are wanting to do, and we are still working on, is if people are willing to donate we want them to get something in return -- whether it is a pass, T-shirt, or a sweatshirt. We want people to feel good for donating, whether it be $15 or $1,000," Sparks stressed.
Sparks added all donations are tax detectable and can be sent to Fill The Pool, P.O. Box 544, Bloomfield, Ind., 47424.
Starting Monday, donations can also be made on the website www.BloomfieldPool.com .