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RAVE board to manage Coronado Theatre

By: Marty Kasper
Updated: June 25, 2012
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Rockford City Aldermen voted 10 to 2 to form a new 10-year contract with the RAVE board that now allows them to manage the BMO Harris Bank Center, the Coronado Theatre and Davis Park.

 

"We're here to make things better, not make things worse," said RAVE board chairman Mike Dunn.

 

It's a move some city leaders think will only benefit Rockford for years to come.

 

"This is just enhancing the activities and the surrounding of the entire city," said alderman Ann Thompson-Kelly.

 

But not all agreed with the move, Alderman Doug Mark felt the Coronado was doing just fine as a separate board.

 

"I also have concerns on how we move forward with the resident companies and also donors," said Mark.

 

But RAVE board chairman Mike Dunn was surprised by Alderman Mark's comments, and thought his vote against the merger was political.

 

"For him to take a no vote tonight after his experience as an employee at the Metro Centre, I think it was shameful," said Dunn.

 

The new contract will cost the city 800-thouand dollars a year to finance RAVE's operating budget, but is projected to save Rockford more than 6-million dollars in expenses over the life of the deal.

 

"Its one more tool in the pouch," said Dunn.  "And I think it's going to be great and benefit all of the tax payers."

 

The RAVE board is required to submit monthly financial reports, and will have to pay money back to the city that will help city redevelopment projects and create jobs.

 

"They're assuming debts that they had nothing to do with," said Thompson-Kelly.  "And they're paying those debts, which is fantastic."

 

Still, Alderman Mark worries local talent could be pushed aside should larger acts get schedule.

 

"Down the line of where we're going to look, are we going to change some of the dynamics with the new Coronado," said Mark.

 

But Dunn says that's not the case.

 

"The RAVE management clearly understands and appreciates the importance of the local operations," said Dunn.

 

Since taking over the BMO Harris Bank Center two years ago the RAVE board has been working with SMG, a national company that helps promote venues and bring in talent. 

 

Dunn says this partnership will give them one more venue to help draw in major acts to Rockford.

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