Cornerstone Equity LLC Partner Michael Rasser said a final agreement with the company on the specific terms of the exit would be finalized by Friday, but he added that he would like to see the property vacated by Wednesday, Jan. 5.
The push to evacuate the company from the theater comes after Cornerstone officials first announced the eviction notice earlier this week. Rasser said the short timeframe followed a press release from Shadow board last night that said the company's current run of the musical "Nina" would continue until January.
"I'm attempting to orchestrate it while they take all of their personal property and we forgive the debt," Rasser said. "We may have been entertaining a later date for them to vacate, but once that press release came out, I said, 'that's it.'"
Yesterday, Shadow officials maintained that no final agreement would be announced until Friday afternoon. The full text of the press release follows:
"Shadow Theatre Company’s current production, “An Evening with Nina”, continues its exciting run through January 31, 2011. Visit www.shadowtheatre.com for more information or call our box office at 720.857.8000. Please continue your support for quality live theatre and join us for this magical look at the life and music of the iconic Nina Simone -- and encourage everyone you know to come!
Shadow Theatre Company appreciates the outpouring of love and support we have received from our patrons and friends in Aurora and Denver, CO -- and across the nation -- as we continue to adjust to the current challenging economic times and present first-rate live theatre.
Shadow Theatre is creating an agreement with Cornerstone Equity regarding performances at 1468 Dayton. This will be released as soon as finalized."
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