Does it make sense for the town to continue to own the New Canaan Playhouse building downtown, especially considering that it needs more than $2 million in repairs? That’s a topic that members of the Town Building Evaluation & Use Committee broached during their most recent meeting at Town Hall. The town acquired the building at 89 Elm St.—which also includes street-level retail space and second-floor offices—in August 2007 for about $2.2 million. However, officials have been mulling in recent years whether it makes sense for the town to continue to lease the facility to BowTie Cinemas and have it operate as a private movie theater, considering the major capital investment needed to make it safe, structurally sound and ADA-compliant. The figure three years ago was pegged at $2.1 million (major line items at the 1923 building include partial roof and brick exterior replacement, elevator and ADA-compliant wheelchair access, new gutters and drainage system and new layout for its sprinkler system).