Laserfiche WebLink
<br />Dr. Edwin Massey, <br />President ofIndian River Community College, reported that the <br />plans for the new Library are moving forward and commended the Board for agreeing to leverage <br />tax dollars to build a facility to serve all ages in the community. He gave a detailed report on the <br />progress and financial particulars of the new Library project. He advised that private money is <br />always sought and revealed that Bob and Sandy Brackett have donated $½ million with $100,000 <br />going to the building; and $400,000 for an endowment will be matched 2-3 to generate income of <br />about $34,000 per year. All of that income will be dedicated back to the committee to decide how <br />it will be used to support the Library in the future and takes the pressure off the College and the <br />County for future maintenance of the facility. He explained College’s naming criteria and stated <br />that the Board of Trustees had voted to name the Library “The Brackett Library”. He asked the <br />Board’s support and endorsement. He pointed out that money is only a part of the equation and the <br />Brackett family has done a lot for the community and has a reputation for outstanding character in <br />the community. <br />Chairman Neuberger had asked that this matter be brought to the Board because he <br />understood the County had a policy of not naming buildings, roads, bridges, etc. after individuals. <br /> <br />MOTION WAS MADE by Vice Chairman Wheeler, <br />SECONDED by Commissioner Davis, to approve <br />Dr. Massey’s request. <br /> <br />Dr. Massey <br />noted there would be opportunities for naming rooms within the library for <br /> <br />other donors. <br />Commissioner Bowden commented she was not aware of the College’s policy for <br />naming and had no objection. <br />Dr. Massey <br /> advised that when speaking to prospective donors of large amounts, we <br />discuss what they would like in return and advise them that it would be appropriate to name the <br /> <br />building after them. There was no high pressure or anything of that nature. Heapologized for not <br />keeping the Board fully informed as this donation offer moved forward. <br />May 2, 2006 <br />40 <br /> <br />