A town hall meeting this week brought together Monterey residents and city officials regarding the purchase of the Golden State Theatre. A panel of 4 discussed what’s involved if the city purchased the 87-year old theater. The meeting, driven by City councilwomen Libby Downey and Nancy Selfridge, focused on keeping the theatre as a performing arts center for the community. Residents were presented with a preliminary report on the physical shape of the Alvarado Street building, a look at what it takes to run a performing arts venue, and some financial statistics. The City says they are looking at potential money sources for the purchase, and so far have ruled out a sales tax.
