Date

Project/ Red PM Flagged Indicators Action Plan Updates Outcomes

financial difficulties/sustainability. Submitted
materials for August 2006. Not able to use project notes, CC:ing ED, AD and CPM.
recommend the project to the Commission Contact sponsor and legislators. Follow up Letters sent to sponsor and legislator on July
American Classical HOF CM 6/23/2006 at this time. with sponsor by December, 2006. 5, 2006.
sponsor is taking out a $1M loan and
entering into an escrow agreement with us
and we are allowing the bank to be in first
lien hold position. News article dated 6/23/06 use project notes, CC:ing ED, AD and CPM.
stated that the Beck is having a study done Escrow agreement going to sponsor for
this summer to determine Beck's economic review 6/22/06. SC reviewed changes in the
impact on Lakewood. Beck is considering Escrow agreement. PM to request copy of
moving the facility or redeveloping their the economic study to be completed this
Beck Center SC current site. summer.
there is a loan and a line of credit secured
Cleveland Public Theatre SC by the property use project notes, CC:ing ED, AD and CPM.
news article stated that the facility could Received letter from Sponsor that they will
close their doors if the November 2006 use project notes, CC:ing ED, AD and CPM. not close the doors regardless of the
COSI Toledo JW operating levy did not pass. Monitor legislation for the November levy. outcome of the levy.
use project notes, CC:ing ED, AD and CPM.
struggling with finances-looking to the City to Waiting for proposal from the city on the
COSI Columbus JW pay for the insurance insurance.
use project notes, CC:ing ED, AD and CPM.
Quarterly: 1. check insurance and make
sure it is paid. 2. check
programming/opening the theatre-sponsor
struggling with finances. Very few plans fundraising event in July 3. check
Johnny Appleseed CM/JW performances this year. fundraising.
MOU in place-still fundraising. Used
$500,000 of the capital campaign on phase I use project notes, CC:ing ED, AD and CPM. Letters sent to sponsor and legislator on July
Marion Palace CM work. Monitor fundraising progress quarterly. 3, 2006.
National Underground Rail struggling with finances-seeking state use project notes, CC:ing ED, AD and CPM.
Road CM/JW operating funds Update financial review.
$640,000 debt. Can not support operating
projections at this time. Not able to
recommend the project to the Commission use project notes, CC:ing ED, AD and CPM.
Ohio Glass SC at this time. Monitor fundraising progress. Letter sent to legislator on May 3, 2006.
in the process of renewing management
Riffe Center Theatre CM agreement with CAPA. use project notes, CC:ing ED, AD and CPM. Management Agreement signed.
use project notes, CC:ing ED, AD and CPM.
Engage a third party to prepare a market
building a 250 seat theatre adjacent to the analysis. Sponsor being reviewed for Commission obtaining 3rd party market
River South CM Southern for CATCO inclusion on the November agenda. analysis.

I:\nurfc request pdfs\files from sams m drive\Internal Project Pipeline.xls3/14/2011 Flagged Projects

Defaults
1. mechanic's liens
2. pay insurance, taxes and utilities
(escrow). Also paying someone to clean
and secure the building.
3. open the facility to the public and present utilities-Mary Jane Hill working on this
the arts
4. more financial and board oversight to
keep this from happening again
Sandusky JW 5. establish a decent escrow fund
use project notes, CC:ing ED, AD and CPM.
Commission determines that restructuring
and reopening plan and business plan are
acceptable at August Commission meeting.
1. Restructuring and Reopening Plan due
June 30, 2006 includes:
a. Donor Agreement
b. Amended Code of Regulations-
restructuring of the SSTI board
c. business plan being worked on by Mary
Jane Hill due August 1, 2006
2. steering committee meeting minutes as bi-
weekly written status report per resolution
requirements
a. status of restructuring and reopening plan
and business plan
3. proof of payment of insurance, taxes and
1.a.ED signed Endorsement section of
4. establish Audit Committee second amendment to the donor agreement.
5. establish a fully-funded escrow with the Reviewing Restructuring and Reopening 2.Received update from Mary Jane Hill on
Commission Plan submitted July 30, 2006. Business the Steering Committee 7/7/06. 3.Received
Plan to open the doors in October, 2006. Plan due August 1, 2006. summary of paid bill as of the end of May.

Date
Project/ Yellow PM Flagged Indicators Action Plan

It appears that the appropriation was made

to an owner of a commercial and residential
Broad Street Restoration SC real estate company - JGT Enterprises, Inc use project notes, CC:ing CPM.
MOU in place-located in a flood plain-wants
historic tax credits. Panzer did a feasibility
Colony CM study. use project notes, CC:ing CPM.
Cooper CM Political-large project use project notes, CC:ing CPM.
spent millions on the first project site and is
now moving forward on a second site. They
will loose a grant if they do not break ground
by October 2006. Draft lease has an option
for the city to buy the improvements if they
decide they want the land for another
Crawford SC purpose. use project notes, CC:ing CPM.
have not been able to purchase the property
Edge of Appalachia CM for the project use project notes, CC:ing CPM.

I:\nurfc request pdfs\files from sams m drive\Internal Project Pipeline.xls3/14/2011 Flagged Projects
 use project notes, CC:ing CPM. City is
working on requirements to get out of fiscal
City of Galion is in fiscal emergency as emergency. State auditor is monitoring their
Galion Big Four SC determined by the state auditor progress.
a news article stated the sponsor was
Great Lakes SC planning to move the facility to Lorain use project notes, CC:ing CPM.

Summit County Building Department is

demanding a new fire alarm be installed by
August 31, 2006. Sponsor is threatening to
close the doors to emphasize the need for
MAPS SC 6/22/2006 funding for such a request. use project notes, CC:ing CPM.
Marina District CM Political-large project use project notes, CC:ing CPM.
Midland JW capital project on hold until spring of 2007 use project notes, CC:ing CPM.
National Aviation HOF JW remaining exhibit funds about to expire use project notes, CC:ing CPM.
Oxford Community Theatre CM every cent is going into the capital project use project notes, CC:ing CPM.
a news article stated the city was talking use project notes, CC:ing CPM. Monitor
Packard SC 6/12/2006 about reducing funding for the facility. financials closely.
using funds from endowment for cash flow of use project notes, CC:ing CPM. Monitor
Promote CM 6/23/2006 the construction project financial closely.
In an e-mail dated July 7, 2006, Dennis Bell
stated that the reorganization was approved
by the Victoria Theatre and Arts Center
Reorganization with the Victoria Theatre Foundation trustees in a joint board meeting
Schuster JW scheduled for June 30, 2006. use project notes, CC:ing CPM. held Friday, June 2, 2006.
Toledo Ice Arena CM Political-large project use project notes, CC:ing CPM.
West Salem SC declining revenues use project notes, CC:ing CPM.
use project notes, CC:ing CPM. Continue to
Zion CM/JW City of Dayton has been unresponsive try to engage them.

I:\nurfc request pdfs\files from sams m drive\Internal Project Pipeline.xls3/14/2011 Flagged Projects