In any case, the council rejected the committee's proposal to allow Chase to build higher. Chase retaliated and immediately asked the council for a demolition permit. However, the council slowed progress on getting the report so the Historic Places Trust could add the St. James to its list. The plan succeeded and a limited protection order was placed over the St. James. Now Chase could only demolish the site with consent from the Trust. Knowing that the protection order would only last for a limited time (in fact only until 31 March 1988), there was a frantic rush to get Chase to sell the building to the council so they could restore it. Fundraising events were commonplace during this time, most asking for donations towards the "Save the St. James fund". Eventually, after hard negotiations the plan to sell and restore the theatre went ahead, due to the theatre's good aspects and proximity to the city's hot-spots. Owing to the increasing number of theatre-going public, the Opera House would not be able to support the demand, especially when the Wellington Festival of the Arts arrived. The council finally agreed to allow Chase to plan its tower in Willis Street in return for $7 million to refurbish the theatre; the other option that was not taken was for the government to raise $18 million to purchase and restore the building.