The Flint city council unanimously approved the transfer of a 12-year tax freeze to the Friends of the Capitol Theatre, the new owners. 

The Whiting and the Uptown Redevelopment Corporation are partnering up to restore the historic theater, which is preparing for a soft open next summer. The vote essentially gives the go-ahead for the $12 million renovation.

The tax freeze was approved in 2013, and with this vote, it will be in place for another eight years. Although the freeze will lose the city of Flint approximately $20,000-23,000 per year, but it's expected to create 200 construction jobs, and 80 more jobs when the theatre finally opens.

Can't wait to see this theater back in all of its glory!