City Council

A. APPROVE FUNDING IN AN AMOUNT UP TO $20 MILLION TO ASSIST THE PLAZA\nTHEATRE FOUNDATION WITH THE RESTORATION OF THE PLAZA THEATRE;\nAPPROVE FUNDING AND REPAYMENT AGREEMENT BETWEEN THE CITY OF\nPALM SPRINGS AND THE PALM SPRINGS PLAZA THEATRE FOUNDATION\nRECOMMENDATION:\nApprove the Funding and Repayment Agreement with the Palm Springs Plaza Theatre\nFoundation and the City of Palm Springs for an amount up to $20 million, with direction\non:\ni) An overall funding amount,\nii) Funding sources to use and what amounts, and