Bellevue library seeks approval on bond issue
BELLEVUE -The Bellevue Public Library has placed a bond issue on the May 7 ballot that will be used for capital maintenance and facility improvements.
Proceeds from the 0.67-mill bond issue will be used for building maintenance projects that go beyond the scope of the general operating budget, said Molly Carver, library director.
The bond issue would raise $2.8 million if passed and would be paid over 28 years.
The cost to the owner of an $80,000 home would be $16.64 annually or $1.38 per month. Homeowners eligible for the homestead exemption would pay $10.69 annually.
Projects will include masonry work, foundation repairs, interior plaster repairs, painting, carpeting and restroom renovation. A redesign of the library entrance and staff work spaces will be included.
“Paying for capital improvements through a bond measure allows the work to be done as one project and maintains the library’s general fund revenue for annual operating expenses,” Carver said.
“It has been 26 years since local voters passed a bond issue for capital improvements,” Carver said. “The building has stood for the past 110 years. We want it to last for another 110 years to be available for future generations.”