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Waste Day Theater Defaults Taxpayer Funded Loan

Waste Day Theater Defaults Taxpayer Funded Loan

A theater in downtown Denver has defaulted on its $400,000 taxpayer-backed loan without opening for a single show. The loan included $52,000 earmarked for rent, yet the theater was evicted because it paid only one month of rent, according to records obtained by 9NEWS. Playwrights Blair Russell and Steve Wargo received the 3% interest, 13-year loan to open the Denver Immersive Repertory Theater. The city described it as the “world’s...

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