WMFD TV

Search Archive WMFD.com News

www.wmfd.com - The Renaissance Theatre is on much firmer financial footing after paying-off $450,000 of capital debt. }}" />

   
 
 
Renaissance Theatre Pays Off Capital Debt

Story By: Greg Heindel

Enter To Win Snow Trails Tubing Passes

 

 

 
 
 
  Email Story to Friend
   
  Original Published: 7/1/2014

The Renaissance Theatre is on much firmer financial footing after paying-off $450,000 of capital debt. President and C.E.O. Michael Miller wrote the final check for $132,000, and announced during a news conference Tuesday, this opens a bright future for the historic theater. Now the 85-year-old building can undergo a facelift that is fully paid for, and will not pile-up more debt.

The Renaissance Theatre still has $475,000 worth of operational debt. Miller says money is budgeted to pay it off in eight years, although he's optimistic it can be done in three.

   
  MORE RECENT NEWS
 
Image1 Black History Month will be observed in February with several activities at the Ohio State University Mansfield Campus. Full Story
Image1 A Facebook post prompts an investigation into the Crestline Police Department. Full Story
 
Image1 Mansfield Police recently attended their yearly self- defense class. Full Story
Image1 Ohio's efforts to preserve and perhaps expand its military jobs base includes a discussion in Mansfield. Full Story
  MORE NEWS
 

Ohio Federal Military Jobs Commission Meets In Mansfield

Point In Time Homeless Count Conducted In Richland County

Overdose death leads to second indictment by grand jury

AU Center for Nonviolence prepares for upcoming conference

More News