At Chenango River Theatre’s Winter Gala on Feb 1, long time Artistic and Managing Director Bill Lelbach surprised the crowd with an announcement that the company has been awarded $235,000 from a Chenango County based private foundation to pay off the existing mortgage on their building, as well as their outstanding Line of Credit.
Going forward, this award will save CRT $20,000 a year by eliminating existing monthly payments for both the mortgage and line of credit, and eliminates all long term debt for the theatre.