A motion that would offer a lease agreement to run the Roanoke Rapids Theatre to local investors failed by a 3-2 motion this evening.
As the city continues to study whether to grant a 10-month extension on its theater lease with HSV Entertainment, the company is seeking to do whatever it can to push the matter through.
HSV Entertainment this evening asked city council for a 10-month extension on its lease for the Royal Palace Theater.
Despite still having to appropriate more than $1.9 million to pay theater debt, the city increased its fund balance over the past fiscal year by $1 million.
Thus far, no banks have agreed to enter into discussions on possibly refinancing the former Roanoke Rapids Theatre, city Finance Director MeLinda Hite told council at its meeting this evening.
In a county where commissioners and the three school systems are about to meet and go over a crucial report, we are more concerned about bare hands on doughnuts.
The city has scrapped plans for a public hearing on the proposed refinancing of the former Roanoke Rapids Theatre that was scheduled at 6 p.m. before its regular city council meeting at 7 p.m. Tuesday.
The only thing missing was the mule, the dying mule, gasping for one final breath as his farmer owner pleaded to the Almighty for the faithful beast to plow one more row before a vicious and ominous storm set in.
A Four Oaks minister who made a pitch to city council to buy the Roanoke Rapids Theatre last year told the panel tonight God was punishing them for not taking the offer seriously.
