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The historic Alex Theatre in Glendale, which had been supported by state funds to redevelopment agencies, could be shuttered.
The Glendale Redevelopment Agency had been paying $415,000 a year to help operate the theatre, but those funds have dried up since redevelopment agencies were eliminated by the state, the Los Angeles Times reports. Officials tried to shift ownership from the agency to the city, but that deal might not be valid. If it isn't, the redevelopment agency could end up selling the theater.
For now, Glendale Arts, the nonprofit group that operates it, is trying to figure out a way to buy the theater for themselves if it goes up for sale.
"We are so committed to managing the theater that if the option came up, we want first dibs," Glendale Arts interim chief executive Elissa Glickman told the Times.
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