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Mishawaka & Harris library seeks $4.2M bond to fix roofs, HVAC and build garage
Summary
Library officials asked the committee to approve a resolution for a potential up-to-$4.2 million general-obligation bond to fund roofs, HVAC upgrades, LED lighting, tuckpointing and a vehicle garage; municipal advisor said the plan targets a 15-year repayment and would be tax-rate neutral in most market scenarios.
Dina Morgo, director of operations for the Mishawaka and Harris Public Library System, asked the county committee to place a library bond resolution on the September agenda to finance six capital projects including replacement roofs at two branches, HVAC upgrades, LED lighting, tuckpointing and a garage/site for a bookmobile.
"We have identified six capital improvement projects that we would like to complete with this money," Morgo said, listing roof replacements and HVAC work as the…
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