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DuPage Theater Agreement Reached
posted by
Ross Melnick
on
October 21, 2002 at 1:21 pm
LOMBARD, IL — Lombard officials and concerned residents have reached an accord which should help save the DuPage Theater while not taxing local residents. According to the Daily Herald, $3 million of state and local funds will be used to help resurrect the former movie palace, while the remaining $6.3 million will need to be raised by a new not-for-profit group.
This plan was approved last week by a 4-2 margin and should allay local concerns that the DuPage Theater project would increase property taxes. The city was able to raise the additional money by selling a parcel of land it owns which sits adjacent to the theater.
(Thanks to Bryan Krefft for the update.)