The Secretary of the Board of Trustees of the Six Mile Regional Library District hereby gives notice of the proceedings of the Board of Trustees described below, and of the February 12, 2013 meeting of the Board of Trustees, to take place at 7:00 p.m. at 2001 Delmar Avenue, Granite City, IL 62040. At that meeting, the financing of the repair, remodel, and improvement project of the existing main library building, shall be determined. The plan for repair, remodel, and improvement to the existing library building and an estimate of the cost, is posted with this Notice. That plan is available in the office of the Executive Director, at 2001 Delmar Avenue, Granite City, IL 62040, and is available there for public inspection.
On January 8, 2013, the Board of Trustees for the Six Mile Regional Library District met in an open meeting and prepared a plan and the estimate of the cost. The Trustees determined at that meeting the funds that will possibly be available from a bond issue, per referendum on April 9, 2013, is $1,680,000.00. The amount proposed to be raised by grant from the State of Illinois is approximately $2,200,000.00. These funds may be supplemented by accumulations. No funds are expected to be raised by a mortgage. The Trustees determined the term over which they shall spread the collection of the cost of the repair, remodel, or improvement of the existing library building to be 20 years.
This notice is pursuant to 75 ILCS 16/40-5(b), by the Secretary of the Board of Trustees.
Date posted: January 11, 2013.
Places posted: 2001 Delmar Avenue, Granite City, IL 62040 and www.smrld.org
The Special Accumulation of Repair, Remodel, and Improvement Fund Plan 2013