According to the V&F Committee, it would be used as follows:

Library Space to store & exhibit the Club’s growing reference library;

Museum Space to store and exhibit the Club’s collection of casino memorabilia. This would allow the Club to accept tax free (as a result of it’s 501(c)(3) status) donations of individual items and collections & show loaned collections;

Storage Space for the clubs display cases, promotional items and records;

Meeting Space for small groups such as the Executive Board, Committees, etc;

Retail Space to sell Club promotional items and duplications from the Club’s collection.

I assume that they would want to keep it open and thus they would have to hire someone to run the place full time. Thus, if they went with a lease, the basic costs would be the rent and the salary for the employee/manager.

If they are holding out for an actual building, we'll all be dead before they get it.

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