By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
State rejects Park Theatre funding
City plans to refile application
Placeholder Image
The state has rejected the city’s $2 million funding request for Park Theatre. If McMinnville officials intend to hand the reins of the facility over to the Park Theatre Group, taxpayer funds cannot be used.Rejecting the city’s request to borrow $2 million for Park Theatre renovation was the Tennessee Municipal Bond Fund. TMBF, an entity of the Tennessee Municipal League, works closely with city officials to structure cost-effective and flexible borrowing options.“I regret to inform the Building and Grounds Committee, the Park Theatre Group, and the public that our request to Tennessee Municipal League financing for approval of $2 million in bonds has been denied,” city attorney Tim Pirtle said Tuesday.