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Kennebec Savings Bank announces 100K to Colonial Theatre

Colonial Theatre, Inc.

AUGUSTA — A $100,000 donation from Kennebec Savings Bank will give the Colonial Theatre something to build on, providing both a sizable jump start to initial fundraising efforts while also fixing the theater’s floor.

Andrew Silsby, president of Kennebec Savings Bank, announced Friday at a gathering at the historic downtown Water Street theater the Augusta-based bank will donate $100,000 toward the theater’s restoration.

Tobias Parkhurst, president of the Augusta Colonial Theatre board of directors, said that money will pay for the structural repair of the theater’s main auditorium floor, which currently has a large gaping hole in the middle of it. Read full article by Keith Edwards on centralmaine.com.