"Theater Foundation agrees to 20-year deal"

The classic film scene has always been the hero rescuing a damsel in distress from the railroad tracks at the critical moment. In the episodic story of the Martha’s Vineyard Theater Foundation(MVTF) over the past eight weeks, there was no train barreling down the tracks, only a ticking clock.

On Thursday, MVTF founding Director Mark Snider announced he had signed a 20-year lease with the Hall family, owner of the Capawock theater in Vineyard Haven. Mr. Snider said he expected to ink a similar deal for the Strand in Oak Bluffs on Monday.

With that out of the way, Mr. Snider said, the foundation still needed to meet its goal to raise $1 million. The foundation needs $300,000. He said he is determined for the theaters to be open for business by May 29, the Friday of Memorial Day weekend.

“We have three weeks to raise it, so we really need help,” he said.