Flint Michigan is trying to reopen the historic Capitol Theatre, and it is not going well. Why?
Flint is not willing to freeze the property tax on the location for the next 12 years, which financially may not be viable. This $21-million dollar project aims to bring the theatre back to life. By doing this it is believed that the downtown scene in Flint will be revitalized, and become a cultural center.
Now this is frustrating to read for a multitude of reasons. FIRST OFF: One day I want to open a theatre company of my own, and I know property tax is the hurdle that can end my dream very early on. So seeing a historic theatre potentially trip before the finish line because of property taxes is incredibly disheartening.
SECOND: When are we going to give theatre a break? Huh? Seriously? Every time I here about people trying to make a difference and keep the theatre alive, I hear how funding it is almost impossible. Now that I hear that the funding is possible for a theatre, I see that taxes are going to kill the chances of success.
THIRD: ITS A LANDMARK LOCATION!!! WHY NOT GIVE IT A BREAK!!!
BETTER YET! IT IS GOING TO REVITALIZE THE DOWNTOWN SCENE FOR FLINT!!! WHY IS THIS NOT BEING SUPPORTED
It seems to me that the need for theatres in many locations is decreasing by the day. Certain cities have become the select location for theatre to boom, and anywhere else leaves you SOL. That makes life difficult for a boy who doesn’t particularly want to live in a city… especially the primary theatre cities.
So Tax freezes may be too much to ask for, but it still may get a tax abatement transfer if the freeze is rejected. This would potentially give the theatre the break it needs to come back to life.