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Council OKs up to $15 million in library bonds for facility maintenance — 11-0
Summary
The Indianapolis City-County Council approved measures authorizing the Indianapolis-Marion County Public Library to issue up to $15 million in general obligation bonds and to appropriate the proceeds for multi‑facility capital maintenance and equipment.
The Indianapolis City-County Council voted to approve measures authorizing the Indianapolis-Marion County Public Library to issue general obligation bonds in an aggregate principal amount not to exceed $15,000,000 and to appropriate the bond proceeds and investment earnings for the library's 2025–26 multi‑facility long‑term capital maintenance and equipment updates.
Chairman Evans presented proposals 2‑80 and 2‑81 and said they passed committee with a due‑pass recommendation, 11‑0. "Much of this money was used or is to be used for [the] West Indianapolis Library branch," Evans said before moving the measures. The motion was seconded and the measures were taken up by the council; the chair reported the committee recommendation and no roll‑call of the full council was recorded in the public hearing transcript.
According to the committee report cited in the meeting, the bonds will fund long‑term capital maintenance and equipment at multiple library facilities. Councilors recorded no dissent during the floor action as documented in the meeting record.
The measures proceed as part of the city’s capital maintenance and facility funding for municipal corporations.
