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SHIELD TAXPAYERS FROM OVERTURE RISK MARK BUGHER AND OTHER SMART FINANCIAL MINDS HAVE VOLUNTEERED TO BRAINSTORM FOR SOLUTIONS TO OVERTURE CENTER'S FALLING TRUST FUND.(OPINION)
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City, arts and community leaders in Madison are wise to search for ways to help Overture Center now - before its growing financial troubles demand a taxpayer-funded bailout.
The Downtown arts and entertainment center's trust fund fell, in March, to a level where it could not make some of its debt repayments. Several sources - including philanthropist W. Jerome Frautschi, who made the original $205 million gift to build Overture Center - will help make up the shortfall, under financing agreements.
But if money from these sources isn't enough over the next four-and-a-half ...
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LIQUIDATION MAY FORCE CHANGES AT OVERTURE CENTER (WITH TIMELINE).(NEWS)(Chronology)
; ...detailing the Overture Center's trust fund. City officials...liquidation of the Overture Center trust fund will not have...liquidation of the trust fund will have no noticeable effect on the Overture Center whatsoever in...
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BANKS TO LIQUIDATE OVERTURE TRUST FUND.(NEWS)
; ...statement: The trust fund supporting Overture Center for the Arts...liquidation of the trust fund will be used...million in Overture Center construction...photo The Overture Center for the Arts...Friday its trust fund assets will...
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CITY THINKING AHEAD ON OVERTURE CENTER DEBT FUNDRAISING, EXPANDING USE OF SPACE PART OF PLAN TO OFFSET MARKET CRISIS EFFECTS.(CAP TIMES)
; ...liquidation of the Overture Center trust fund will not cost...depend on the trust fund eventually...happened, said Overture Center President Tom...Officials from the Overture Center announced Friday...night that the trust fund would be ...
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Overture trust fund value drops.
; ...15--The private trust fund for the Overture Center spent more in maintenance...financially viable. The trust fund's income is paying off Overture Center's construction...which oversees the Overture Center The trust fund's new strategy...
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OVERTURE TRUST FUND VALUE DROPS THE FUND MAKES PAYMENTS IN 2006 GREATER THAN ITS INCOME FROM INVESTMENTS.(LOCAL)
; ...608-252-6145 The private trust fund for the Overture Center spent more in maintenance...financially viable. The trust fund's income is paying off Overture Center's construction...which oversees the Overture Center. The trust fund's new ...
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Overture Center's shaky finances worry Madison
; ...the city bought into the Overture Center's refinancing plan: a trust fund to help cover the center...build the performing- arts Overture Center in 2001, of which $100...every gap we face in the trust fund." Chabot said the MCAD...
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FAQ OVERTURE CENTER.(FRONT)
; ...Matthew DeFour Q Is the Overture Center closing its doors? A No...developments related to its trust fund. Q So what happened? A A...future capital costs? A The trust fund generated about $2.8...payments. It also depends on the Overture Center remaining profitable and...
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$3 MILLION LIFELINE FOR OVERTURE A NEW GIFT BY FRAUTSCHI AIDS THE STRUGGLING TRUST FUND.(FRONT)
; ...million to build Overture Center, is now pledging...s struggling trust fund. The trust, created...creditors and the trust fund board would evaluate...Baldwin said. Overture Center is going to be...solution. OVERTURE TRUST FUND What: ...
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OVERTURE FEELS THE FALLOUT WALL STREET CRISIS THREATENS POSSIBLE LIQUIDATION OF CENTER'S TRUST FUND.(LOCAL)
; ...weeks on Wall Street, a trust fund used to support Madison's Overture Center has fallen dangerously close...District Board, which operates Overture, said she had not seen the latest report on the trust fund's level and, therefore...officials with the board or the ...
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OVERTURE'S FINANCING PLAN IN JEOPARDY ITS TRUST FUND DIPPED BELOW A KEY FIGURE THE ARTS DISTRICT IS LOOKING AT ALTERNATIVES.(FRONT)
; ...608-252-6141 Overture Center's special trust fund for construction...and a separate trust fund board, Chabot...current plan Overture Center was built with...discussions with the trust fund board to evaluate...Chabot said. Trust fund troubles ...
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