Truckee performing arts center? Community support sought for $15 million fundraising plan
TRUCKEE, Calif. and#8212; Nearly a year after research suggested a lack of community support for a 30-year taxpayer-backed bond measure to cover the cost of a trio of public projects, officials are seeking resident feedback about a multi-million-dollar fundraiser to erect a performing arts center.
This yearand#8217;s proposal from the Truckee Donner Recreation and Park District board of directors: a $15 million capital campaign, of which $13 million would be used to construct the 14,000 square-foot Tahoe-Truckee Performing Arts Center. The remaining $2 million would be used to launch an endowment fund to cover ongoing costs.
The public is being asked to participate in an online survey designed by fundraising consultant Lester Consulting Group, Inc., to measure the level of potential philanthropic support for the project.
and#8220;They are trying to find out x-amount of dollars that might be available for the Performing Arts Center through voluntary community donations,and#8221; said districtand#8217;s General Manager Steve Randall.
The board already plans to allocate $4 million to the project, Randall said. Estimated cost for the Tahoe-Truckee Performing Arts Center is between $7.8 million to $12 million, he said, depending on design features.
Information gleaned from the survey, Randall said, will help the board decide on a direction. Options include, but are not limited to, downsizing or upgrading the design of the performing arts center; floating a bond measure to cover gaps in funding; or relying solely on fundraising and currently available funds to build the facility.
The district is also concurrently considering constructing an aquatics center with an estimated cost of $6.5 million, $3 million of which has already been allocated.
The $3 million and the $4 million allocation for the performing arts center come from a $7 million surplus left by the construction of the Community Recreation Center in 2009.
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