Two scenarios remain for the future of Selma’s Walton Theater.

Current operators David and Sharon Jackson could continue until March 13, 2014 or end operations on Dec. 22.

The two options emerged after the Selma City Council Public Buildings Committee reviewed a proposal from the Jacksons about transitioning the theater to a new tenant.

The proposal suggests that $2,264.07 in maintenance costs be applied to an outstanding lease balance of $2,000 — the cost of rent from October to December.

Sharon Jackson said the maintenance should offset the cost of rent because the city owns the equipment that required repair.

“In the first year, it was under warranty, so we didn’t have to worry about the cost of maintenance,” she said when contacted after the meeting. “Because of the sophistication of the equipment, we felt that it needed to be kept up and maintained. The city should have paid for it because it is their equipment.”

The Jacksons’ contract ends on December 31, but they would continue to help operate the theater until March 13, 2014, while training the new lessee.

The proposed contract stipulates that the Jacksons would pay for maintenance, but not pay rent. The Jacksons would also continue to provide additional liability insurance.

One portion of the Jacksons’ letter brought questions from committee members. The letter asked that the new lessee pay $15,000 to the Jacksons for furniture, fixtures, training, access to the customer database, computer equipment and any remaining product inventory.

Ward 3 councilman Greg Bjelke said $15,000 seemed like a high estimate.

“I would like to see a breakdown of what’s included,” Bjelke said. I’m not ok with all this money they are asking for to transition. I look around there and see most everything belongs to the city.”

Because the city council does not have a scheduled meeting before the end of the year, Ward 4 councilwoman Angela Benjamin said she would consider having a special-called meeting to approve or disapprove the proposal.

“There may even be a possibility of amending the proposal and meeting in the middle,” Benjamin said.

If the council decides not to approve the Jackson’s proposal, the letter states the last day of operation would be Dec. 22.

The council is currently in talks with a prospect to run the theater, but committee members said showing older movies might be a way to keep the theater running until a tenant is found.