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Minnesota Historical Society seeks $15M for site preservation, proposes PATH collections project
Summary
The Minnesota Historical Society presented capital requests to the Capital Investment Committee on Feb. 25, asking for asset-preservation funding for historic sites, a county/local preservation grant program, and the first phase of a Preservation and Access to History (PATH) collections project.
Kent Whitworth, director and CEO of the Minnesota Historical Society (MNHS), and David Kelleher, MNHS vice president for public policy and government relations, told the Capital Investment Committee on Feb. 25 that the society oversees a 26-site network, more than 150 buildings and off-site collections storage that require specialized maintenance.
Kelleher said MNHS’s asset-preservation calculus treats the replacement value of MNHS facilities as nearly $400 million and applies a common facilities-planning rule (roughly a 4% annual reinvestment rate) to estimate a biennial need of about $22…
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