2/1/2007 BOARD OF LIBRARY TRUSTEES Minutes

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z - .Inrtant Fts 1. I ai Keller and Moore, along with Stewart Roberts, with $80,000 in financing from MCL, proposed a 20,200 SF library at a cost of $6.7 million in 2003. At the time, no state grant program was available. The cost was considered to be beyond the Tern's capability and a request was rade to reduce the cast of the project. A revised cost estimate of $5.3 million was proposed and this too was rejected with instructions that the project be scaled back to further reduce its cost. . Thisr cess led t the proposal f the '17,3 '0 SF library with an estimat d cost p f$4.5 million. The Board of.sel eten agreed to support a Warrant Article t Seek approval of$3.5 million bond authorization at the October 2004 Town Meeting. The Library Building Committee was authorized to seek grants and, through the Friends of llashee Library, private donations and Foundation grants to secure the remaining funds.- 3. The standards used for developing the library project under the grant ro ram were based on recognized national and state standards. n p important standard was to design the; library to meet the projected population for the year 2025 using a r age of 1.2 lsF to 2/SF per person. l lash ee's proposal was slightly below the standard at I SF per person. Therefore, the proposal was consistent with the first proposal by lanai Keller and Moore and 5,000 SF loss than the 2000 proposal for a 27,000I.SF library prepared by Darlene lowers. . Thep r 'et did not rove forward because of the following: � a. 'It relied on donations and Foundation grants that did not materialize in spite of retaining a professional fusundraiser, personal appeals and several Foundation grant ppiicati; ns financed by a member of the Friends. Currently, we are informed that some are still awaiting response from a few Foundations which may be received In ,April. b. Construction costs have risen dramatically based on demands for materials by China and India for their construction programs and domestically to rebuild New Orleans and parts of Mississippi. . Also, the state has delayed action on a Library Construction Bond Bill as part of an almost $1 billion Capital outlay Program.