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Archive for the ‘funding’ Category

Bids for the construction of the new Petersburg Public Library were read on Thursday at MRV Architects in Juneau and came in under the estimated budget amount of $4.5 million. ASRC McGraw Constructors, LLC.   was deemed the lowest responsive bid for the project. At the May 7 City Council meeting, the project building committee will recommend that the bid be awarded to ASRC McGraw.

Yet to come are bids for remaining work and contents such as construction administration, technology, landscaping, furnishings, and equipment.

Construction of the new library is scheduled to begin early this summer. The library is anticipated to open in the  summer of 2013.

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As of Feb 1, 2012, 217 individuals, businesses and organizations have pledged $338,783 to the new Petersburg Library!

Make your tax deductible donation today…

  • In person at the library
  • By mail – Please use our donation form
  • Online - We can accept your credit card donation online at the Alaska Community Foundation’s secure online giving site. When asked “Please apply my gift to” be sure to select “Petersburg Public Library Fund”.

Questions? Call the library at (907) 772-3349 or email us at library@ci.petersburg.ak.us

Details about the new library’s FISHING WALL and the many naming opportunities available can be found on the capital campaign pledge form

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What’s next for the new library?

Funding for the new library has been gaining momentum this fall with the passage of Proposition 1 in October and a $500K top off grant from the Rasmuson Foundation.  We have reached our goal of $6.78M!  As we move through the process of updating the cost estimate in November and bidding the project in the spring of 2012  the cost could change so fundraising will still continue.  Here’s what’s next for the new library:

Fall-Winter 2011-2012

  • Final construction documents
  • Preliminary site work

Spring 2012-early Summer 2013

  • Contractor selection
  • Construction

Summer 2013

  • Grand Opening

Click here for more information about what’s next for the new library. 

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Voters approve bond for new library

Petersburg voters have approved a bond issue for a new library.  Results are unofficial until they’re canvassed by the City Council.  Passage of the bond issue will secure a half million dollar grant from the Rasmuson Foundation. More than half of the project will be funded by a state grant and the rest will come from private donations and a grant from the USDA’s Rural Community Facilities program. Click here to listen to KFSK Public Radio’s coverage of the election.

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Why now?

The community will vote on the library bond on October 4 because:

  • The new library is nearly 80% funded
  • $3.3M in State funding  expires in June 2014
  • The $500K Rasmuson ’top off’ grant requires the community commit to $1.5M in 2011
  • With each year that we wait to build, the cost of construction is increasing.

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Alaska’s Rasmuson Foundation has awarded the City of Peters burg with a ‘top-off’ grant for up to $500,000 for the new library.   This ‘top-off’ grant relies on the community committing an additional $1.5M to the project by the end of 2011.

$5.27M (cash and in-kind) has been raised towards the fundraising goal of $6.78M for the new library. $1.5M still needs to be secured for the project to be fully funded.   Petersburg residents will have the opportunity to vote on a $1.5M bond on October 4, 2011 that would complete the funding for the new library.

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With the cash available, the City could afford to construct and furnish a facility that is roughly the same size of the top floor of the municipal building. As the library is already using most of the top floor of the municipal building for programs and services, it would likely not be worth the expense to build another library and not increase the size.

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Petersburg’s City Council Tuesday voted to take a step forward on a new library building and approved a $218,228 design contract for the new library even though voters will still have to decide on a major piece of the funding for that new building this fall.

The  contract with MRV Architects (Juneau) would be paid for with funds from the $3.3M appropriation from the State of Alaska that has already been awarded for the new library.  According to MRV Architects work beginning on Construction Documents in July could have a bid date of February which is better for competitive bidding.  It would be one of the first projects of the season out for bid and allow the contractor more time to mobilize prior to the spring construction period.

Click here to listen to the KFSK news story about Tuesday’s meeting.

 

 

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Last week Governor Sean Parnell awarded  $263,000 in additional state grant money for the new library in the State of Alaska’s capital budget.

Click here to listen to KFSK Public Radio’s story on the State of Alaska’s capital budget.

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There are currently $1M in outstanding grant applications, both require the passage of the proposed library bond in Oct 2011. This would leave $3.3M in cash to build the new library, this enough for an approximately 4,500 s/f  library. The current library uses about 5,000 s/f  of the second floor of the municipal building on a regular basis. So, with $3.3M, the City could  afford to build  a freestanding space that would be smaller than what is now available. For this reason, it is not considered a viable option.

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Petersburg voters will have a chance to vote on construction of a new library this fall. Petersburg’s city council Monday night agreed to put a bond issue for up to $1.5 million on the October ballot. Supporters of the project say the local bond issue is one of the last pieces of funding needed to construct the 6.7-million-dollar building. Click here to listen to the KFSK news story. 

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 $3.3M in secured funding from the State of Alaska will expire in June 2014. With each year that we wait to build, the cost of construction is increasing. There are currently $1M in outstanding grant applications, both require the passage of the proposed library bond in Oct 2011.

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According to Jody Tow, City Finance Director the City can bond for up to 10% of taxable assessed value. Based on last year’s taxable value this means the City can bond for up to $25M. The City currently has outstanding bond indebtedness of $15.5M, leaving approximately $9.5 million remaining. The Library Board is considering a $1-1.5M bond, so the proposed bond is within the City’s bonding capacity.

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Tune in to the City Council meeting at 7pm on KFSK tonight to hear the Library Board’s report to the Petersburg City Council on the progress of the new library.

Click here to view the report.

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We received the exciting news on  Thursday that Governor Sean Parnell approved $3.3M for Petersburg’s new library. This is a huge leap forward for our new library – thank you to everyone who contacted their legislators in support. We’ve now secured 60% of funds we need!

What’s next? We are poised to submit grant applications this summer to private foundations. Later this year, we will kick off a local capital campaign.

Interested in making a donation? Contributions can be made at the library, by mail on online, click here for details.

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On Thursday KFSK’s Matt Lichtenstein reported on Tuesday night’s meeting with the architect for the new library, Paul Voelckers.  Click here to listen to the full story on KFSK’s website.

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The State of Alaska has released draft regulations for a grant program that could have a major impact on the new library project.  The Library Construction and Major Expansion Matching Grant Program is a program that could  fund up to 50% of the cost of a new library facility.  While the State has not yet funded this grant program, the development of these regulations is an important step in that process. The proposed regulations for the program can be seen here:

http://www.commerce.state.ak.us/dca/pub/LibraryContructionGrantRegulations.pdf 

Comments can be sent to Gail Dabaluz (Alaska Department of Commerce, Community, & Economic Development) at gail.dabaluz@alaska.gov.  The comment period closes September 4th, 2009.

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On Friday Senate finance committee members unanimously passed SB119, a bill that could pay for up to half the cost of new library projects in Petersburg and many other Alaskan towns.

Alaska State Senate Bill 119 is a bill that includes grant funds for library construction and, if it passes, would be an enormous step toward a new library for Petersburg. The bill was sponsored by Sen. Donny Olson and Sen. Bert Stedman.

You can listen to more news about SB119 on KFSK’s website .

 

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The library building committee wants to hear from you. The next meeting is November 14th at 6:30PM in Council Chambers. Come give your input to the funding plan and look at the size of the library we can afford to build. If our community votes yes on a 1% sales tax increase in 2008 we could break ground as early as 2009. Come help make it happen.

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It’s easy to dream up a plan for a beautiful library. It’s much harder to find the money to build it.  Rather than starting with the dream, this time we’ll be starting with the money first.

The library will be working with the Foraker Group’s Predevelopment program to come up with a realistic funding plan for a new library that includes a grant funds, local fundraising, and a municipal contribution. Once we have a realistic plan for funding. then we go to the architect and see what kind of library we can afford to build.  

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