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.. • <br /> 685 <br /> December 11,1991 <br /> 0 COMMUNITY THEATER WORKSHOP-FUND RAISING • <br /> Nr. Ton Lynott and Mr. Robert Gerend of Pace Capital . <br /> Corporation briefed councIlmembers on their fund raising <br /> strategy for Community Theater equipment. <br /> Bill Cushman, Finance Director, explained there were three ! <br /> phases: A) equipment; 13) office space; and C) endowments. It <br /> was also explained that a 10% commission would be paid; .; <br /> however, expenses were included in that amount. The goal for • <br /> the first phase is to be$400,000. <br /> moved by Councilman Diamond, seconded by President Morrow to <br /> authorize the Mayor to sign an agreement with Pace Capital <br /> Corporation as a Community Theater fund raising advisor. <br /> Roll was called with all councilmen voting yes except <br /> Councilmen Anderson,Gipson and Overstreet who were excused <br /> Motion carried. <br /> Upon motion the meeting adjourned at 12:30 p.m. <br /> 41, .1111' <br /> to erx- <br /> Read and approved as printed. <br /> pre'ellen4"6'' <br /> I <br />