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MARTINEZ — The Willows Theatre Company announced Tuesday that its theater in Concord will close Sunday, but the cabaret in downtown Martinez will remain open.

In September, the board of the 34-year-old company said that as a result of lackluster ticket sales and outstanding debt, they needed to raise $350,000 by Nov. 1 or the Willows would close. The group has held several fundraisers, including selling off costumes and props, to try and raise the money, but apparently those efforts were not enough.

"Barefoot in the Park," which runs at the theater through Sunday, will be the last play performed in the 210-seat theater. Subscribers and ticket holders for theater productions for the 2009-10 season can use those tickets to attend performances at the cabaret.

Evidence of the company's financial difficulties first surfaced in December when the board asked the city of Martinez for $100,000 emergency bailout so they could publicize the 2009 season. At the time, artistic director Richard Elliott said the Willows had depleted its reserves remodeling the cabaret building at 636 Ward St. and building a production facility near the John Muir Amphitheater.

The Martinez City Council approved a $60,000 grant and $40,000 loan, which is to be repaid by December 2010.

Lisa P. White covers Martinez and Pleasant Hill. Reach her at 925-943-8011.