Politics & Government
Downtown Theater Asks For Millions To Help Reopen
The Downtown Novato Theater has asked at a city council meeting for $2 million to help reopen the long-closed theater.
Photo by Rem O'Donnelley
Tuesday night's city council meeting there was a presentation made by the Novato Theater where they asked the city for $2 million dollars.
During the presentation, Novato Theater Board president Dietrich Stroeh showed a video which detailed work that has been done and is being done to the theater. This included mentioning the Novato Fire Protection District which is helping to design the sprinkler system and the North Marin Water District which is considering installing the water pipeline.
The city council chambers were filled with supporters of the theater. The theater group stated the millions was needed to help reopen it. While the total cost is estimated to be $3.5 million, the group is counting on partnerships and public donations to raise an estimated $1.5 million.
The presentation stated that they expect to be able to create 25 new jobs and recurring state and local tax revenues of $125,000 with the theater reopening plus state and local tax revenues of $258,000. They also estimate an ongoing operation revenue at $1.6 million annually.
The ultimate vision of the theater will be to show live theater, music as well as broadcasting live opera performances. If all goes according to their plans in these early stages, construction will start in March.
The city council chambers were filled with supporters of the theater. The theater group stated the millions was needed to help reopen it. While the total cost is estimated to be $3.5 million, the group is counting on partnerships and public donations to raise an estimated $1.5 million.
The presentation stated that they expect to be able to create 25 new jobs and recurring state and local tax revenues of $125,000 with the theater reopening plus state and local tax revenues of $258,000. They also estimate an ongoing operation revenue at $1.6 million annually.
The ultimate vision of the theater will be to show live theater, music as well as broadcasting live opera performances. If all goes according to their plans in these early stages, construction will start in March.
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