Opera House Needs Loan

June 18, 2008

A $3 million loan  will be requried to pay for the refurbishment of the Oamaru Opera House.

 

The grand old lady which graces Oamaru’s main street was built 100 years ago. It is undergoing an extensive upgrade which was to have been financed in part from the proceeds of the Forrester Heights subdivision. But delays in selling the properties means a loan will be needed to help pay the $9.7m bill for the project.


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