Fairhope, Alabama
Monday, the city council is expected to approve leasing part of the second floor of the library to Faulkner State College for another three years -- with an option to renew for two more three-year terms.
The lease is essentially the same as the one in place since 2007, except an additional $200 will be added making the total rent $2,200/month.
The college uses the space for nursing classes.
Fairhope library board members had expressed interest in using the space as its juvenile area.
In 2013, the city council paid off the library's $1 million balance on a bridge loan used to finance construction of the library in 2006 (clk); The Fairhope Public Library Foundation founded in 2008 (clk) had been unable to raise private funds to do so.
The second floor space rent of about $26k per year is considered a re-payment by some current council members.
Below is a video from 2010 of then-councilman Stankoski describing how the loan was to be repaid. He is currently a new library board member:
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| library 2nd floor |
Monday, the city council is expected to approve leasing part of the second floor of the library to Faulkner State College for another three years -- with an option to renew for two more three-year terms.
The college uses the space for nursing classes.
Fairhope library board members had expressed interest in using the space as its juvenile area.
In 2013, the city council paid off the library's $1 million balance on a bridge loan used to finance construction of the library in 2006 (clk); The Fairhope Public Library Foundation founded in 2008 (clk) had been unable to raise private funds to do so.
The second floor space rent of about $26k per year is considered a re-payment by some current council members.
Below is a video from 2010 of then-councilman Stankoski describing how the loan was to be repaid. He is currently a new library board member:
Comments
it seems useless.