Records from the Office of Economic Development dealing with the effort by Studio Devlopment Coporation (Hitcom) to develop a motion picture studio in the Warehouse District. Hitcom sought a HUD Section 108 loan guarantee to be secured by a pledge of the city's Community Development Block Grant. Negotiations between Hitcom and the city broke off in November, 1986; the Barthelemy administration cited the company's "lack of performance in critical areas and failure to meet key deadlines."

The bulk of the records cover the final year of Mayor Ernest N. Morial's administration and the first months of the Sidney J. Barthelemy administration, although some files include documents dated as early as 1984 and as late as 1988. Additional Hitcom records may be found among the records of Mayor Barthelemy's Office of Economic Development.

The records were received from City Hall in April, 1991.

Inventory

Box 1

Purchase agreement
Correspondence, 1986
Business plans (1985)
Issues, questions, etc.
Consultants
City requirements
Correspondence, 1985
Business plans (1986)
Resumes
Requests for legal opinion
Business deal
Background information
Studio Development Corporation organization
Movie studio inquiries
108 Loan documents
Section 108
Newspaper clippings

Box 2

Miscellaneous reports and unfiled documents
One videocasette (VHS)--"New Industries for the Southwest" (film industry)
One audio tape of meeting with City Council

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6/23/2000