After mulling for months a request for a $750,000 cash infusion to stabilize the Acadiana Center for the Arts’ budget, the Lafayette Public Trust Financing Authority elected instead on Tuesday to give the AcA $240,000 to fund the salary for a development director for three years, according to a report today in The Advocate.
The LPTFA pledge will cover the $80,000 per year salary provided whomever is hired to fill the position meets a set of as-yet unspecified benchmarks, the daily reports. AcA Executive Director Gerd Wuestemann told the LPTFA board the cash infusion is “like giving us a fishing pole to become more self-sufficient,” The Advocate’s Richard Burgess reports.
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