The parking lot adjacent to the building is owned by the city of Loveland. That lot, nearby City parking lots, and on-street parking will meet the needs for events at the community building.
They are. Significantly. The City matched Phase I at the rate of 3:1 with $1.5 million. They are matching Phase II up to $2.5 million.
Yes, this remodel will meet American Disability Act standards with a new elevator and restrooms.
That was once true. However, the deed restriction was removed and the chairs were donated elsewhere. After renovations, the open 4500 square foot room will host a wide variety of events.
The building must remain a community building and serve the community as a whole.
That depends on the room and size of the event. Commercial rates will be competitive with the marketplace. Community and nonprofit rates should be significantly discounted. The intent is to make usage possible for a modest fee for community use.
Probably not. Most community buildings like this don’t. But, financial health of the Pulliam can be improved. Currently the City subsidizes 90% of the cost. The reality is that the City spends money now and gets few, if any, benefits.
After revitalization, the benefits to everyone will outweigh the operating costs.
The City will continue to own and operate the Pulliam. The Foundation envisions a multi-purpose facility that can be rented by small and large groups, businesses, nonprofits, and individuals. The City may provide some programming or simply rent to a commercial group who sponsors ticketed concerts.
There likely will be an alcoholic license with a professional company similar to venues like The Ranch. This is a common source of revenue to help defray cost of operations.
City resources are limited and in high demand. As in the past, library and museums happened because of philanthropic support. This campaign is a catalyst and similarly combines both City and donated dollars to revive our community building.
After renovations, we expect to have a catering kitchen which will be used by an approved group of professional caterers.
If the campaign surpasses its goal, the Foundation plans to establish these types of funds to provide a means of supporting community groups who can’t afford the cost of rentals. (The City match only applies to capital donations.)