Capitol Theatre - 2005 Macon-Bibb County Capitol Theatre Fund, LPOn Friday, September 30th, the Georgia Cities Foundation closed a $250,000 loan to the Macon-Bibb County Urban Development Authority for the renovation of the former Capitol Theatre building in downtown Macon. Upon completion, the project will be used as a multi-purpose arts and entertainment venue. Project Cost: $1,387,142 GCF Loan Amount: $250,000