On Air Now

Now Playing

LATTO

BIG ENERGY

Download

Capital Theatre Vested

City Council plans to vest the property to avoid lawsuits should owners return

WOODSTOCK- Who knew the Capital Theatre could cost so much? 

The abandoned theatre had a roof caving in and was filled with asbestos when the city took it over after it was abandoned. 

Nearly 1 million dollars in taxes accumulated, which includes the cost of demolition and asbestos removal. 

Woodstock councillor Bill Bess says the building posed more of a problem than just being an eye sore,"...it could be a very potential hazard, any kid going in there and playing and getting hurt, stuff like that."

Due to the amount of money owing the tender amount was not a financially attractive option for buyers. As a result, Woodstock City Council approved a plan to vest the property to avoid lawsuits should the owners return. 

More from Local News

Comments

Add a comment

Log in to the club or enter your details below.
Rating *

Weather

Recently Played