#8 - Explore Funding Models for Byron Carlyle

DISCUSS EXPLORING DIFFERENT FINANCIAL AND FUNDING MODELS FOR RENOVATING OR BUILDING A NEW BYRON CARLYLE THEATER, INCLUDING THE FOLLOWING OPTIONS: (1) A STAND-ALONE CITY OWNED PROJECT BUILT ENTIRELY BY THE CITY WITH THE CITY'S OWN FUNDS; (2) A PRIVATELY FUNDED LONG -TERM LEASE PROJECT, WITH THE CITY TO CONTROL THE GROUND FLOOR CULTURAL ARTS SPACE; AND (3) A CITY-OWNED PROJECT , DEVELOPED AS A PUBLIC-PRIVATE PARTNERSHIP WITH PROJECT REVENUE BONDS (AND NO SALE ORLEASE OF THE PROPERTY); AND (4) OTHER OPTIONS THAT MAY BE IDENTIFIED, WITH ALL OF THE FOREGOING OPTIONS TO IDENTIFY FUNDING SOURCES AND PUBLIC OR PRIVATE FINANCING ALTERNATIVES.