Saturday, December 02, 2017

Another one

That FNBC collapse sure did touch on a lot of the "cultural economy" ventures around town.
Ticket holders for a concert scheduled this month at the Carver Theater received an email that the venue — built in 1950 and recently renovated with the aid of a slate of tax credits — “is permanently closed” as of Nov. 14.

Eugene Oppman, who has owned the building since 1987, says the collapse of First NBC Bank Holding Company spelled doom for the theater, which worked with the state and tax credits to secure loans to fund renovations before its grand reopening in 2014.

It's almost as if we have a little circle of non-profit, fundraisers, socialites, and bankers who constantly make mutually beneficial decisions about what should be done with public money or something. Imagine that.

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