29 July 2016
Hamilton City Council have accepted the Momentum Waikato proposal for a new performing arts theatre in Hamilton.
Hamilton City Council councillors have voted in favour of the Momentum Waikato proposal to build a new performing arts theatre in Hamilton for an estimated $55 million.
The council will contribute a maximum of $30m plus GST, with Momentum Waikato committed to raising the balance of $25m. Council also approved a $100,000 contribution towards the cost of the concept design.
However, the decision on what to do with the Founders Theatre building is still up for discussion.
Mayor Julie Hardake was confident that Government funding agencies and other councils in the region would "come to the party" and contribute.