Little Theatre

By edtech101
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    EIR

    City Council voted to go forward with EIR on January 19, 2016.
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    Capital Campaign Fundraising

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    Parking Structure Design Phase

  • Sign MOA

    Hypothetical date
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    Parking Structure Construction

  • 2/3 funds raised

    MOA states SLOLT must raise two thirds of the estimated required funding within 3 years of the agreement.

  • 100% of funds in hand or pledged.

    MOA requires 100% of the estimated required funding, including a contingency of 20%, must be available as cash or guaranteed financing that is acceptable to the City’s Finance Director to prior to the start of construction; AND, MOU requires that our fundraising plan will include at a minimum a timeline with milestones that are required to be met no later than 1 year from the estimated completion of the Palm Nipomo Parking structure.

  • New theatre construction completed.

    Draft MOA states that construction must be complete within 3 years of completion of the parking structure.