Friday, February 6, 2015

New library will be built without initial tax increases, Half Moon Bay

New Half Moon Bay library will be built
without additional city taxes
The Daily Journal/Samantha Weigel, 2/6/15.  "Half Moon Bay moves to fund library:  City Council approves $8M in bonds, not tax increase."

"San Mateo County coastal communities are a giant step closer to getting a new library after the Half Moon Bay City Council agreed to secure bonds to pay for its portion of the more than $22 million project Tuesday night.

Despite a setback in November when a sales tax extension that would have contributed toward the library failed by 22 votes, the council approved moving ahead with borrowing $8.1 million.

With San Mateo County officials agreeing to pay half of the construction costs for the complete remodel planned to serve 10 unincorporated coastside communities, Half Moon Bay must produce $10.78 million for the proposed 25,000-square-foot library to come to fruition, according to a city staff report."   Read article.

ReferenceCity of Half Moon Bay,  New Library project/Funding options/Staff Report, 2/3/15, includes pdf pages 15.

Related -  Facebook/Friends of the Half Moon Bay Library.  Half Moon Bay Review/Mark Noack,l 7/24/14, "Library dream comes closer to reality. City reviews initial plans for building."

Note rendering photograph is from the related Half Moon Bay, 7/24/14 article. Caption: "The proposed downtown library would be three times the current size and include a community room, teen area, literary center, library lab, fireplace study and more." 

Posted by Kathy Meeh

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