City Council Meeting Date: February 21, 2017
To: Mayor and City Council
City Administrator
From: Teresa Jensen, Director of Library and IT Services
Title
Presentation by the Friends and Foundation of the Library (FFOL) check presentation to the City for the Library Renovation and Bookmobile.
Body
Action Requested:
No action.
Summary Report:
Bill North will be presenting two checks to the Mayor and City Council; one check in the amount of $13,500 represents the ongoing funding of the Capital Project commitment that the FFOL took on as a part of the library renovation; the other check in the amount of $23,500 is to fulfill the private commitment of the new Bookmobile funding taken on in the fall of 2016.
Updates on the bookmobile are being provided in a City Administrator Memo to be included in the City Administrator Update of the meeting.
Alternative Options:
None.
Financial Impacts:
Bookmobile Funding
Mpls. Ames Fund $67,894
City Of Northfield $54,387
Community Partners
FFOL $23,500
United Way/Taylor Truck Line $5,000
Total proposed funds $150,781
Library Renovation Project
Capital Campaign to date: Received/committed
February 2017 $13,500
April 2016 $85,000
June 2015 $400,000
April 2015 $380,000
Committed pledges 2016-17 $46,000
Raised/committed to date $924,500
Total Pledged $1,037,644
Fundraising Remaining $113,144
Tentative Timelines:
Bookmobile
It is expected that the Bookmobile will be delivered in the fall of 2017.
Library Renovation
Capital Campaign fundraising has one additional year of pledges to collect in 2018.
Resolution Accepting Donation
The Finance Director completes an annual resolution to accept donations and assign the funding that is conducted at the end of the year. These donations will be included...
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