Thursday, January 14, 2010

Salvador Dali Museum May Be Forced to Use Art as Collateral?

The new $36 million Salvador Dali museum under construction in Tampa, FL is scheduled to open in January 2011. All but $6 million has been raised from federal, state, city and private funding. But money for the project will run out this spring without a new source of funds. The museum will be forced to take out loans using art from the Dali collection as collateral if the tax dollars or new contributions don't come through soon. Via St. Petersburg Times.


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