The Geneva Library Board of Trustees approved a preliminary plan and cost estimate to construct a new library at 210 S. Sixth St. at their Nov. 17 meeting. The board will now work with architectural firm StudioGC to finalize the project scope and financial advisors Ehlers Financial to develop a financing plan, which will be reviewed at a public hearing Dec. 22.
The resolution, passed by unanimous vote, states that the board will raise $24.9 million by issuing bonds to cover the cost of architectural services, construction, and furnishings for a new library. At that amount, the owner of a home valued at $300,000 would see an increase of approximately $110 per year on their tax bill. However, the building plans are in the early stages, said Library Director Christine Lazaris.
“The project scope will be based on community feedback following three community forums the board and architects conducted,” she said. “Those forums provided a valuable opportunity for us to hear from our community. The board has not yet adopted a bond question because we wanted to get community feedback and incorporate those suggestions into our building plan.” The goal is to have the final cost and square footage completed for the December hearing, when the board will decide whether to adopt a bond question for an April 2017 referendum.