Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC

Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC

07.12.2015 News

 Prosecutor General considers the case of historical Howard Theatre debts in Washington, DCHistoric Howard Theatre, which is located in northwest Washington (DC), owed the government more than $ 260,000 over unpaid taxes.

Several years ago, the theater had a reconstruction, which cost the sum of $ 29 million. After the reconstruction of the theater, it was opened to the public in 2012. Officials say that the theater owners owe the government taxes amounting to more than $ 260,000.

An interesting f juridical fact is that the theater building is located on public land, but the theater is owned by private companies and non-profit organizations, and they manage the theatre.

So, one of the companies Howard Theatre Development Group LLC, has received nearly $ 12 million in district funds for the reconstruction of the theater, but did not pay property tax based on the fact that the land is public.

Howard Theatre Development Group LLC is a division of Ellis Development Group, and its president Roy Ellis led the redevelopment project, and in 2011 his firm announced the investing of $29 million to work.

Ellis has created a non-profit organization, Howard Theatre Restoration Inc., to oversee the work of the project.

Press Secretary of Attorney General Charles A. Racine said that questions and documents relating to the restructuring of Howard Theatre were brought to their attention and all materials will be considered soon.

The former treasurer of the company, Zemirah Jones, expressed concern about the financing of the reconstruction. “As a treasurer, I found discrepancies in the documents and reported it to the board of investors, and asked them to take actions”, – Jones said.

But one of the supporters of Howard Theatre, Eagle Bank, remains confident in the project. The Bank provided a construction loan in the amount of $ 5 million to support the reorganization, and he isconfident that the issues of taxes will be resolved soon.

Ellis also stated that the interest of the Prosecutor General to the reconstruction of the theater is inappropriate and documentation  is in kelter. Mila Moss, the chairman of the Howard Theatre Restoration Inc, has agreed with this statement, suggesting that the request is merely a formality.

Source: www.washingtonpost.com

Other articles

  • Apple was deprived of a monopoly on payments for applications
    News

    Apple was deprived of a monopoly on payments for applications

    Apple Inc, according to a lawsuit filed by Epic Games Inc., must allow mobile app developers to redirect users to alternative resources to pay for services in the App Store. The Wall Street Journal reported this. A 30% commission is now charged on each purchase. Judge Yvonne Gonzalez Rogers concluded that Apple’s practice was uncompetitive […]

  • The World Bank named the conditions for the tranche to Ukraine
    News

    The World Bank named the conditions for the tranche to Ukraine

    The World Bank will provide Ukraine with a second tranche of $ 350 million, but subject to certain conditions. WB Vice President for Europe and Central Asia Anna Bjerde told Interfax-Ukraine what exactly is expected from Kyiv. “The prospects for the second tranche of the Economic Recovery Development Policy Loan depend on maintaining an adequate […]

  • Swedish Tech Company Beetroot Expands With New Location in Mariupol
    News

    Swedish Tech Company Beetroot Expands With New Location in Mariupol

    September 13, 2021 — Stockholm, Sweden — Beetroot AB, the tech division of the Beetroot ecosystem, opens a new location in Mariupol, Ukraine. The company is currently accepting applications for over fifty software development vacancies in its international client projects.   In Mariupol, Beetroot will focus on building teams of tech specialists to work on a […]

  • Google has appealed France’s fine of half a billion
    News

    Google has appealed France’s fine of half a billion

    The American multinational corporation Google, fined in France for copyright infringement, has announced its intention to appeal the decision of the French regulatory authorities. This was announced on Wednesday, September 1, the chairman of the board of Google France Sebastien Missoff. “We do not agree with some legal nuances and consider the amount of the […]

  • The Ministry of Agrarian Policy announced the number of registered land agreements
    News

    The Ministry of Agrarian Policy announced the number of registered land agreements

    As of September 1, 11,499 agreements have been concluded within the land market. Poltava (2,873.6 ha) and Kharkiv (2,747.4 ha) regions are in the lead. This was reported by the press service of the Ministry of Agrarian Policy. It is noted that 4836 notaries have applied for access to the State Land Cadastre. A total […]

  • Metinvest has reduced its debts by half
    News

    Metinvest has reduced its debts by half

    In the first half of 2021, Metinvest earned $ 2.769 billion compared to a loss of $ 240 million a year earlier, according to the company’s press service. According to the financial report, as of June 30, the Group’s net debt decreased by 52% since the beginning of the year – to $ 1.016 billion, […]

  • A diamond processing plant is being sold in Ukraine
    News

    A diamond processing plant is being sold in Ukraine

    The State Property Fund of Ukraine has put the Vinnytsia diamond processing plant Crystal up for privatization auction for almost 90 million hryvnias. This is stated in the message of the Foundation. It is noted that the plant not only cuts and grinds precious stones, but also makes jewelry. They produce more than five thousand […]

  • The National Bank suffered billions in losses
    News

    The National Bank suffered billions in losses

    In the first half of the year, the National Bank suffered UAH 12 billion in losses, according to the central bank’s press service. In this regard, next year, according to the forecast, the NBU will transfer to the budget UAH 13.6 billion, which is 1.8 times less than this year (UAH 24.4 billion). It is […]

Read also

Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC
News

Bank of Japan will conduct the tests of digital currency

The Bank of Japan has announced plans to begin experimenting with the digital currency early next fiscal year. At the first stage, it is planned to test the main functions of the digital currency, including the methods of its issuance and circulation. The second stage involves additional technical experiments. The Bank of Japan may then […]

Next
Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC
News

The price of bitcoin exceeded $ 50 thousand for the first time since May

The value of bitcoin reached $ 50,000 on August 23. The last time cryptocurrency was traded at this level was on May 15. According to Coinmarketcap, which compares the data of the largest exchanges, bitcoin exceeded 50.1 thousand, rising by 2.6 percent per day. Other cryptocurrencies are also growing: Ethereum, Binance Coin, XRP and others. […]

Next
Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC
News

David Beckham’s company aimed at listing on the London Stock Exchange

Company Guild Esports of David Beckham, specializing in cybersport, announced plans to place its shares on the London Stock Exchange in the autumn of 2020. During the IPO, the company expects to raise 20 million pounds ($ 25.86 million). It is estimated that it will be valued at 50 million pounds. The resulting funds Guild […]

Next
Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC
News

Google is changing the algorithms for tracking user activity

The American company Google on Wednesday, March 3, announced its intention to abandon tracking the individual activity of users. Instead, the Internet giant will introduce new technologies that protect users’ privacy and allow advertising to be targeted without gathering information about them. “People don’t have to accept that their online activity is tracked to benefit […]

Next
Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC
News

PJSC Chernihiv car will resume full operation in 2017

Etalon Corporation will restore the job of Chernihiv mechanical engineering complex in 2017. This writes the Interfax Ukraine referring to the statement by President of the Company Volodymyr Butko. According to the original source, the resumption of production is scheduled for January next year. Also it is planned to manufacture machinery for about 25 units […]

Next
Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC
News

The film of a beginner director charmed social networks – more than 1 million views in two days!

French actress and director Maylis de Poncins, author of the sensual short film “Je suis dons tu es” (“I am, therefore you are”), became one of the favorites in the qualifying round of the Only 140 seconds and a lot of meanings – the film won’t leave you indifferent! Maylis de Poncins is a young actress who has proven […]

Next
Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC
News

The History of Coca-Cola brings the absolute value of its shares for long-term investors

The price of shares of Coca-Cola today is 13.6% lower than at the beginning of 2020, and the profit with revenues of the second quarter fell by a third due to lower sales in restaurants and entertainments in the conditions of a pandemic. At the same time, shares of Coca-Cola are considered to be a […]

Next
Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC
News

Visa and BioConnect to create a new application soon

Visa in conjunction with BioConnect will promise to provide a new service which will give an opportunity to their clients to undergo the procedure of biometric authentication, using the application on their phone in the nearest future. According to developers of the program, such innovation is a fine alternative to passwords use. In addition, the […]

Next
Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC
News

The US Federal Reserve has kept the base rate at the same level

The US Federal Reserve maintained the base interest rate at 0-0.25%, as expected by the market. This is stated in the message of the financial regulator following a meeting of its leadership. “The Committee has decided to keep the target rate range for federal funds at 0-0.25% and considers it appropriate to maintain this range […]

Next
Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC
News

Megafon Company entered into a deal with Mail.ru

Russian operator MegaFon made a deal with Mail.ru shareholders to acquire a controlling stake shares of the corporation. According to official information, the purchase of securities was effected by signing the agreements with companies such as New Media and Technology Investment LP, New Media Technologies Capital Partners Limited and Ardoe Finance Limited, who are the […]

Next
Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC
News

Tokyo Stock Exchange interrupted work due to the technical problems

Technical failure occurred on the Tokyo Stock Exchange, due to which the trading was suspended. This is stated in the statement by Japan Exchange Group, which owns the exchange. “Trading of all shares on the Tokyo Stock Exchange has been suspended due to the failures related to the delivery of the market information, ” – […]

Next
Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC
News

Nissan and Renault are planning a global merger

The alliance between the two companies has been  existing for 15 years, but for now the direction of companies   expect for closer cooperation. It is supposed to create a single platform, which will produce 70% of Nissan and Renault cars (now there are 10% of manufactured machines), in fact, both brands are planning to release […]

Next
Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC
News

Ukraine has the largest non-fulfillment of the expenditure plan in five years

Failure to meet the state budget expenditure plan in 2020 amounted to 68 billion hryvnias. This is the worst figure in the last five years, said the chairman of the Accounting Chamber Valery Patskan. “The volume of expenditures of every fourth budget program was changed by government decisions. At the same time, the amounts of […]

Next
Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC
News

Dr. Reddy’s plans to expand business in Ukrainian market

Indian Pharmaceutical Manufacturers Association unites the representatives of Indian pharmaceutical companies in Ukraine.  The executive vice president of the Dr. Reddy’s  M. V.  Ramana  pointed out that Ukraine is one of the key markets in which the activity of the company  is focused. International pharmaceutical company Dr. Reddy’s (India) remains optimistic about the Ukrainian pharmaceutical […]

Next
Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC
News

Apple won 548 million dollars case in battle with Samsung

Recently resolved a long legal battle between the two eternal rivals -Samsung Electronics Co. and Apple Inc. December 4, 2015  in the US District Court in San Jose, California, Samsung representatives said that they will pay Apple compensation in the amount of $548 million in the case of patent rights. This amount today suits both […]

Next
Prosecutor General considers the case of historical Howard Theatre debts in Washington, DC
News

Moderna has reported 100% efficiency of the vaccine against severe cases of COVID-19

Following the third phase of trials of its COVID-19 coronavirus vaccine, Moderna said the drug was generally well tolerated and no serious health problems were identified. According to the company, the effectiveness of its vaccine reaches 94.1%, and 100% for preventing severe coronavirus cases. Previously, the manufacturer estimated the effectiveness of its drug at 94.5%. […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com