City Eats Loan to Art Gallery
By 250 News
Monday, July 04, 2005 08:15 PM
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Prince George City Council has unanimously approved to forgive just over $250,000 in a loan to the Art Gallery Society.
The Society had launched fund raising efforts to build the Two River Gallery, but now says the outstanding balance represents pledged dollars that cannot be collected. In some cases the businesses that made the pledge, have closed, or, for some other reason can no longer honour the financial commitment.
When asked if the Gallery could pay some sort of money , the Gallery’s Managing Director Mr. Peter Thompson says the Gallery is barely able to make ends meet, that to raise more money, costs more money, and the society simply doesn’t have the funds to launch such a project. He also noted that when approaching corporations, the Society has to be upfront about what the money is for, and donors don’t like to finance debt.
Councilor Glen Scot asks where does it stop? He noted financial troubles with the symphony and the playhouse, lead those organizations to City Hall for funding and worries that organizations may get the idea that City Hall will bail them out.
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I was delighted when Scott talked back. Surprised His Honor, Zurowsky, (Sethen changed his title as Kinsley, his worship, was absent). Rogers kept giving reference to "future" councils, and here I had a hunch he was going to go for the Mayor's seat this year. They were all a bit more subdued. Must be getting s message from somewhere.Maybe Opinion250??
No removal of tourists talk, no downtown solving, no hot water street heat,no studies.
I did notice one point of interest. I actually think George does run this city, as a writer implied in a previous letter.I actually heard it many times before. He supposedly has all the answers-or is expected to. Some a bit tongue tied tonight. Gosh, I wonder if some of that self confidence is slipping???? Almost like "shock therapy."