Meeting Agenda:

The Varsity Theatre Task Force will have its next meeting on Monday, February 18 at 8:30am at the Chapel Hill Public Library, Room A. The agenda is as follows:

1. Opening
   1. Approval of January Minutes
   2. Approval of Agenda
   3. Public Comment
2. New Business
   1. Review Task Force Questions from Council charge
   2. Review and agree on draft vision and programming statement
   3. Address community needs, values, attracting wide range, and economic impact
3. Open Forum
4. Adjournment

Task Force Background:

Public Charge: Consider the possible use of the Varsity Theatre at 123 East Franklin Street as a community performing arts center.

Specific Charge: Determine the following:

• What would be the vision for such a venue? What types of programming would be appropriate and desired by our community?
• How would such a venue meet community needs, reflect community values, and attract a wide range of individuals to the Downtown and what would be the economic impact on the Downtown?
• What would be the costs of this conversion for both acquisition and necessary refurbishment – and how long would it require? How would these costs be paid for and what kinds of partnership(s) might be feasible?
• What would be the business model of the new entity in terms of ownership, ongoing management, and ability to be financially secure and self-sustaining?

Public Notice:

Notice is being provided that this meeting, in addition to providing notice for a Mayor/Council Committee, would also constitute a meeting of the Town Council under the open meetings laws if five or more Council members attend. Only recommendations are formulated at committee meetings. Recommendations will be considered at a regular Council meeting for official action by the Council.