Q: What Happend To The Armand Hammer Exhibit Money?
A: $1.6 M raised 1987- 1993
Monies raised by:
Victory Theatre Commission
Save the Victory
Proceeds from Armand Hammer Exhibit – Greater Holyoke Inc.
Monies well spent: 1987 – 1993
- Roof replacement
- Hazardous Materials Survey and Removal
- Architectural plans for movie theater/community theater
- Moth balling of building – windows and doors boarded up
In the 1990’s the renovation budget for the theater was $9M, but this money was unrealizable at the time.
MIFA assumes Project
Remaining dollars from Armand Hammer Exhibit proceeds: MIFA received $20,000 from the Victory Theatre Commission in 2009 and $200,000 from the Greater Holyoke Foundation in 2010 after purchasing the theatre from the City in the fall of 2009. These funds have been used to advance the Victory Theatre Renovation Project.