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Committee advances library appropriations but places Bayview funds on controller reserve pending bids
Summary
The committee recommended forwarding $1.74 million in library capital funds — $59,800 for Visitation Valley and $1.6 million toward Bayview — but placed the Bayview portion on a controller's reserve until construction bids and final costs are available.
The Budget & Finance Committee heard a request from library staff to appropriate $1,743,767 from the Library Capital Improvements Fund for two branch projects: $59,800 derived from accrued rent on the Visitation Valley property to complete that project, and $1,600,000 in accrued bond-interest to cover part of the shortfall for the Bayview Branch project.
Library representative Mr. Herrera said the Visitation Valley project…
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