March 07, 2012 | 09:17 AM
"Following the city of Lake Geneva's purchase of the Geneva Theater, the Friends of the Geneva Theater pledge to raise from private sources the funds necessary to completely renovate the building and bring it into conformity with present building codes and standards."
So what happens when they can't back up their "pledge"? Oh, that's right, the TAXPAYERS will be on the hook for it.
There is NO WAY the city should be putting TAX DOLLARS into this. If a PRIVATE group wishes to purchase the property for the purpose of renovating it back to a theater, that's fine. If they can't raise the necessary funds, then obviously the project isn't as important as some would lead us to believe.
Let the private sector decide, keep tax dollars out of this!!!!