2005 Session

Budget Amendments - HB1500 (Member Request)

Chief Patron: Landes
Wayne Theatre Alliance

Item 531 #171h

Item 531 #171h

First Year - FY2005 Second Year - FY2006
Nonstate Agencies
State Grants to Nonstate Entities-Nonstate Agencies FY2005 $0 FY2006 $2,000,000 GF

Page 482, after line 18, insert:
"Out of the amounts for Financial Assistance for Cultural and Artistic Affairs, $2,000,000 the second year from the general fund is provided to the Wayne Theatre Alliance."

(This amendment provides $2.0 million from the general fund in the second year to the Wayne Theatre Alliance for the restoration of the Wayne Theater and the redevelopment of surrounding properties. This renovation and redevelopment project will transform this 10,000 square foot, vaudeville-era, movie palace into a 40,000 square foot theater complex, including: rehearsal and meeting space, studios and practice rooms, space for art and drama education, a prominent lobby and gallery, and a kitchen and restaurant facility. The Wayne Theatre is currently owned by the City of Waynesboro, which is contributing local resources to the project. The city has also applied for both New Market Tax Credits and federal and state historic tax credits.)