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Board outlines funding and RFP timeline for Indiana Theater: $300,000 shifted to theater capital, RFP work to begin
Summary
Board moved budget dollars toward Indiana Theater capital needs and directed staff to begin drafting an operations/management RFP to attract private managers once roof and major repairs proceed.
Board members discussed capital moves and next steps for the Indiana Theater on Sept. 24, including reallocating funds to address roof and capital work and beginning work on a request for proposals for private management.
A finance staff member reported that the board moved $300,000 from a general available-for-capital line into the theater capital expense line to reach $400,000 intended for the theater roof project, leaving roughly $57,183 in already-budgeted funds for immediate capital…
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