Originally, Arthur E. Neal et al wanted to use Rea St. property for a hotel.
CA Supreme court ruling, Redev. Dist. is dissolved in Jan Ruling.
Deal Jumped from Rea St. to This other deal involving ECPAC
City would be on the hook for $20M in general obligation bonds
"Roof leaking along the bricks"
New one to last > 10 years would be ~ $100K
How much will this cost?
Tour of theater -- not set up yet, have called Ron Turner, Dir Public Works to see if we could walk through it.
Review changes proposed by Kurt Swanson
Tour scheduled for Monday, April 23, 3pm. -- Meet at ECPAC.
Who is Included:
Economic Cluster -- Need to reach out to Taylor Guitar and Deering Banjo.
Downtown Merchants Assoc. -- Daryl Priest
Theater District -- perhaps est. special district that could provide tax dollars for the theater.
Can't accept donations?
National Center for the Arts?
Components of a plan
Cost to Fix Theater -- task force
Mission -- decide what it is supposed to do.
Public use facility / not just arts center.
Who / How will it be run
Grants, Donations, Subsidy
Cluster Economic Bus community
Prop H. School funds
Councilmember Bill Wells presented this idea, and has already broached it with GUHSD Superintendent.
Funds from Prop H have been earmarked for performance facilities in high schools. Some local high schools, say 5-6 of them that are close by, may be able to use ECPAC for high school performances, special events, theater training, etc.
Will need to explore whether this meets vision to have community performing arts center that will stimulate economic growth.
Letter from group to H.S. Superintendent would be an appropriate next step.
Mr. Jasak said he is good with that sort of thing and will take a crack at a draft.