Governor's Visit Gives Capitol Theatre Momentum for Expansion Plans
Yakima, WA - The Capitol Theatre says the governor's visit will provide momentum for expansion plans.
The theater has purchased a neighboring building on the corner of Yakima Avenue and 3rd Street, which they want to tear down so they can build an annex to the theater.
The plan is to combine the seven million dollars they'll receive from a state tax credit with private donations to fund the project.
Yesterday, Governor Gregoire took part in a ceremonial signing for the bill which approved the tax credit.
The Capitol Theatre says state money has a domino effect with their fundraising.
"And what you are seeing is both the public and private sectors want to see these matches," says Steve Caffery, Executive Director of the Capitol Theatre,"Understanding of the state's commitment is going to serve us well in our local fundraising efforts."
Caffery says they came up a few million dollars in their goal for a state tax credit so they will have to pair back plans a little for the annex to the Capitol Theatre, but he says the project will happen now that they have the money.
He expects the theater's board to approve new plans sometime this fall.