Development group buys Sterling Theater
Two neighborhood program homes sell
STERLING – The Greater Sterling Development Corp. has bought the Sterling Theater and renovation plans are moving ahead.
City Manager Scott Shumard told the council Monday that the deed was transferred to the GSDC on Dec. 21.
Earlier that month, the council voted to approve a $550,000 loan from its capital fund to the GSDC to buy the vacant downtown movie theater. The GSDC will sell it to Skip Huston of Avon Theatre Management Co., who will make monthly payments for 11 years.
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