Title
Adoption of Resolution Amending the Capital Budget by Increasing Appropriations in the Library Improvements Capital Project in Fund 310 by $253,000 for the Bay Farm Island Library Drainage Project, Energy Efficient Lighting Upgrades, Replacing Water Fountains With Water Bottle Fill Stations, Maintenance of the Main Library Heating Ventilation and Air Conditioning (HVAC) System and Other Facilities Upgrades. (Library 21052300)
Body
To: Honorable Mayor and Members of the City Council
EXECUTIVE SUMMARY
The "new" Main Library at 1550 Oak Street opened in November 2006. The West End neighborhood library and the Bay Farm Island neighborhood library both saw renovations that were completed in 2010. The construction of the Main Library was funded by both a grant from the California State Library and funding from a local Library Bond (Measure O). The remaining Measure O monies were used for the Neighborhood Library's renovations. As part of the fiscal year (FY) 2020-21 closeout process, staff has identified $624,872 in remaining Measure O bond proceeds that are available for Library Capital Projects and Expenditures.
This report presents the recommended spending plan for the balance of this Library Bond funding. To spend down the remaining funds, the Library proposes completing several unfunded projects, deferred projects, capital purchases, supplementing cost overruns for recently completed projects and off-setting some of the future Internal Service Fund (ISF) costs in the upcoming FY 2022-23 Library Budget.
BACKGROUND
In 2005, the construction of the Main Library was funded by a grant from the California State Library and local Library Bond Measure O. Once the Main Library was completed and opened, staff utilized the remaining Measure O funds for improvements for both neighborhood libraries. The improvements at both the West End and Bay Farm Island library locations were completed in 2010. It was believed the any remaining funds from the Library ...
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