San Diego to Break Ground on Central Library
By Nabeel in Uncategorized | 1 comment
Exerpts from an article by Craig Gustafson, UNION-TRIBUNE STAFF WRITER
City leaders plan to break ground next month on a new $185 million main library in downtown San Diego despite concerns that the project could leave taxpayers on the hook should private donors fail to raise enough money to pay for it…
…Library supporters, including Qualcomm founder Irwin Jacobs, who has pledged $20 million to the project, promised the money would be raised to complete the project. While the city is taking a $32.5 million risk, they said the city would lose $80 million in outside money committed to the project if it didn’t approve the plan Monday.
Former professional basketball player Bill Walton, a San Diego native whose mother had a 21-year career as a city librarian, said there is no greater mission and no grander goal than building a new library…
… The new library would be built at the corner of Park Boulevard and J Street in the East Village. It would be a nine-story domed centerpiece and twice the size of the existing 1954 library on E Street. Two floors would be used for a charter school serving about 400 students.
Funding for the library would come from several sources, including $80 million in city redevelopment funds, $20 million from the San Diego Unified School District and a $20 million state grant…
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