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FAQ Q: There is no explanation of how the renovated theater will provide the income to pay expenses, including the payroll of 65 new positions, Who will pay this and how will the income be generated? A: The ERA study commissioned by the Wheeling National Heritage Area Corporation through a Benedum Foundation grant, indicated a reopened theater will generate new jobs in the area as a result of on-site and induced visitor spending. Employment at the theater is projected at 5 full-time equivalent jobs. In addition, the increased visitor expenditures in the area are projected to generate 60 (baseline) to 74 (optimistic) jobs. The Wheeling Municipal Auditorium Board will be responsible for the management, operations and programming of the Capitol Theatre. In order to create efficiencies and cut costs, in some cases personnel responsibilities (and expenses) will be shared between WesBanco Arena and the Capitol Theatre. The Capitol Theatre will be operated as a non-profit. All revenues from venue rentals and programming will be reinvested back into the theater to cover operating expenses. The CVB has committed $1.5 million in current and future hotel/motel bed tax revenue to pay for theater acquisition and safety upgrades. The theater will be able to operate without debt service. Other Freqently Asked Questions How do I get to the Capitol Theatre. What kinds of programming can I expect to see at the Capitol Theatre? Who owns the Capitol Theatre? Why is the Capitol Theatre so important to Wheeling and its surrounding area? Can I rent a room in the Capitol Theatre for an event? Will Brad Paisley be performing and is their any truth to the rumor that he will donate money to the renovation? Will the current tenant, Clear Channel, remain in the building? What will be the new lease agreement? If the building is in need of such repair and is unable to open to the public, how has the radio stations and the employees been safe to work all these years? Once the theatre is restored, where are the people with the disposable income going to come from to attend the events at the theatre, is there a marketing plan? Since the CVB is now obligated to make the Capitol payments, how will the CVB meet their other financial obligations and who will cover operations and promotions? Who will be responsible for the debt of the Capitol in the future? Who will be the non-profit that will eventually take ownership of the Capitol? Will the city of Wheeling taxpayer ultimately be responsible for the debt? There is no explanation of how the renovated theater will provide the income to pay expenses, including the payroll of 65 new positions, Who will pay this and how will the income be generated? What will you do with the Capitol to bring in revenue? What can the Capitol do that Wesbanco Arena cannot already? If the Capitol Theatre was to be awarded the CDBG money, what would it be used for, $400,000 is a lot of money for a bathroom? I do not understand why there is an issue with parking, do you feel there will be a lack of parking? Will the renovation projects benefit local companies? Will the supplies and contractors be from the Valley? Since the Capitol will re-open, does this mean the Saturday Night Jamboree on WWVA will return? What is a Convention and Visitors Bureau?

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