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Jun 13, 2017 5:43 PMPublication: The Southampton Press

Town To Give Montauk Playhouse Another $3 Million Boost

The Montauk Playhouse. KYRIL BROMLEY
Jun 13, 2017 6:01 PM

Members of the East Hampton Town Board expressed resounding support this week for a proposal to dedicate $3 million in town funding to the final phase of the renovation of the Montauk Playhouse, which would include a new indoor swimming pool and conference center.

The Montauk Playhouse Foundation has raised $3 million of the estimated $8 million needed to complete the second phase renovation of the towering Carl Fisher-era building.

The Playhouse’s executive director, Susan Henkin, told board members on Tuesday that the foundation has many donors who have withheld support thus far, waiting to see if the group was going to come close to the total goal. She said she expects that if the town commits to contributing the $3 million, in its 2019 capital budget, the foundation will be able to raise the remaining $2 million before that.

Supervisor Larry Cantwell noted that the town essentially offering a matching grant to the Playhouse is a major new undertaking, it having already dedicated $6 million to the initial phase of renovations.

“It’s a major undertaking for us, but I don’t know that the building will ever be completed without town help,” Mr. Cantwell said.

He noted that the town would not be expected, in the business proposal submitted by the Playhouse, to assist with operating costs as it does at the YMCA RECenter in East Hampton Village, to which the town contributes almost $700,000 a year for a management contract with the YMCA.

“I think this will be a huge asset to the community,” Councilman Peter Van Scoyoc said, nodding to a need for more indoor swimming facilities in the town. “The town stepping up, I think, will spur some more momentum to get this project finished.”

Councilwoman Sylvia Overby said that she could see a large conference and community room facility being a boon to local business—harking back to the days when a corporate conference used to hire a cruise ship to anchor off Montauk’s beaches.

Town budget department officials had scoured the foundation’s business model to see how it would operate the swimming pool, cultural and conference facilities that are planned for the final phase of work. Mr. Cantwell suggested to Ms. Henkin that some of their suggestions be incorporated into the business plan. The Playhouse director agreed.

“I would thank the board for so carefully evaluating the business plan we presented,” Ms. Henkin said. “It was helpful to me to have to defend my numbers.”

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I love the fact the article states the Town is funding the project. Who's funding the Town?

Why don't you just say the Town has earmarked $3 million of taxpayer money to support this project.
By Amagansett Voter (62), Amagansett on Jun 14, 17 8:44 AM
Why stop there, I think that they should re-write this article to state that each individual EH taxpayer is paying $136.35 for the project.
By adlkjd923ilifmac.aladfksdurwp (747), southampton on Jun 14, 17 9:20 AM