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|Knox County Board Approves Funding for Orpheum
|The Knox County Board granted a local theatre a chunk of funding which the theatre's president says is a benchmark in her funding efforts.
The board Wednesday night approved $50,000 worth of funding over three years time in order for the theatre to possibly obtain a $500,000 Save America's Treasures Grant.
Orpheum President Kate Francis made a presentation to the board and says the theatre represents $40,000 in money given to the county and its municipalities.
Francis told the board that number would not be possible if the Orpheum cannot make the renovations to improve the facility.
"So, if you portion all of those numbers together -- $40,000 that comes to the county and the municipalities within the county, payroll taxes, property taxes, the persons whose jobs are in part supported by the activities of the Orpheum Theatre -- I would think that over the three-years in which I believe you're considering spreading out this contribution to the Orpheum Theatre, you would see a three-to-one return on the investment," Francis said.
The board will fund the theatre money contingent on the Orpheum Theatre receiving the Save America's Treasure grant.
Francis says if they receive the grant, the money will go to direct renovations that include boiler maintenance and work on the air conditioning unit. She says funding the theatre is a direct investment in a tangible asset in the community.
The only board members to vote no for funding the theatre were District Four's Lowell Manhardt and District Five's David Serven.
(WGIL News File Photo)
|10 29 09 by Newsroom
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