PLANO - The Arts of Collin County board members made some major changes to their four-city arts hall project.
They're focusing on how they can move forward in the aftermath of Frisco pulling out.Last month, Frisco voters revoked more than $16 million in bonds that would have helped build the center.Now, the board is trying to get the project back on track
The Arts of Collin County is no more.The board voted to change the name.Executive Director Mike Simpson says misconceptions about the former name were common.
It didn't define that we're gong to have an arts center, he said. It didn't speak to the fact it would be a building or an arts park or a performing arts hall.
The new name is designed for broader appeal and no longer focuses solely on Collin County.Its new name is The Arts Center of North Texas.
It gives us a wider appeal to donors, to sponsorships and to talking to many other cities to become members of the new organization, Simpson said.
With Frisco now out of the project, Plano and Allen are the remaining owner cities.Melissa and Fairview are member cities.The arts board will now try to find another source for the bond money they lost when Frisco pulled out.
Simpson said it may come from public donations, private contributions or a combination of both.
We'll be out looking to replace Frisco with a new partner to getting that $16.4 million, Simpson said.
Now that prospective donors know where Frisco stands, a cloud of uncertainty has been lifted, he said.
We actually dropped about $1.6 million in commitments that were made by people in 2010 versus 2009 because of the uncertainty, Simpson said.
The remaining cities supporting the project will now look at how the newly anointed Arts Center of North Texas does business.Leaders of those cities are still confident it can be built.
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