“People can get in for a very nominal donation,” part of which Diffenbach said will be going to various local charities.
The city has agreed to fund part of the project through $225,000 from a tax increment financing fund, which required a $25,000 bond.
Bob Bishop, president of the Logansport Redevelopment Commission, which oversees the city’s tax increment financing funds, said the city will transfer the funds once the project is completed.
“The delays haven’t cost us anything because they don’t get any money until it’s open,” Bishop said. “It’s a positive thing. I really appreciate the developer wanting to use the latest and greatest and I believe what we’ll end up with will attract people from miles around.”
Diffenbach addressed the delays the project has had as well.
“As frustrated as some people may be that we’re not open now, I’m more frustrated,” he said. “We got a fantastic facility that we’re very excited to bring to the community and I can’t wait to show it off.”
Diffenbach also said residents can keep up with the project at the theater’s website, marymaxcinemas.com, and Facebook page, under the name Mary Max Cinemas Logansport 5.
Mitchell Kirk is a staff reporter at the Pharos-Tribune. He can be reached at 574-732-5130 or email@example.com.