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then called attention to the cost of $1,369,900 for the North <br />County library and explained that the way they reduced this bond <br />was by eliminating one of the branch libraries. She suggested <br />that even if we decided this branch had more expensive land in <br />North County and we wanted it to be built at the $75 per sq. ft., <br />that $1,600,000 would probably be sufficient to remove one branch <br />library. If that were true and it was budgeted to this finite <br />degree, subtracting 1.6 million from 8.2 million, the library <br />bond really should have been 6.6 million and the budget that she <br />sees for building what she really feels the community should have <br />would be $6,566,000. The newspapers have said the city of Vero <br />Beach might be willing to give us the current library building to <br />sell, and this would certainty help defray some of the cost of <br />this. <br />Commissioner Eggert informed those present that Attorney <br />Vitunac, Finance Committee Chairman Scurlock, and Budget Officer <br />Baird, have suggested another way to handle this situation, which <br />would be to put into the 88/89 budget general fund the same <br />millage that was paid this year for the Beach Bonds; to issue the <br />bonds in 1989; and begin in the 89/90 budget the millage to <br />defray the debt on this. This would give us enough money on the <br />budget to cover the $666,000 deficit, to allow us to have the <br />funds to move from the old library to the new library and begin <br />operation, to purchase the generator we need to keep the elevator <br />running and the climate controlled, and perhaps even give us a <br />little cushion to work towards the South County branch. <br />Commissioner Eggert continued that actually both she and the <br />Library Committee first wanted the Grace Lutheran site, and what <br />she has just described is actually her dream for the library. <br />MOTION WAS MADE by Commissioner Eggert, SECONDED by <br />Commissioner Bird, to approve a 39,415 sq. ft. library <br />being built on the Grace Lutheran site, with the two <br />libraries being built at $75/per sq. ft., with the hope <br />55 <br />LIAR 2S 1988 <br />BOOK /1 PAGE 4J2 <br />