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Council accepts library lease termination and takes ownership of new library building
Summary
The council accepted notice from Royal City Friends of the Library terminating their lease effective July 15, 2025, and accepted the new library building as a city-owned asset following the submitted final inspection.
Finance Director Janice Flynn presented a notice from Royal City Friends of the Library terminating their lease effective July 15, 2025, and submitted the signed final inspection for the new library. The council moved to accept the lease termination and accept the new library building as an asset owned and to be maintained by the city (m/s Piercy/Fanning); the motion carried.
The minutes record the acceptance as a formal action; no transfer-of-funds or maintenance-cost estimates were recorded at the meeting. Council action places ownership and ongoing maintenance responsibility for the new library with the City of Royal City.
