Oakland County
Troy may place bond proposal on ballot to fund new library, other projects
The Troy metropolis council can place a bond proposal on the temper of 4 November {that a} new library, road repairs and different initiatives may finance.
The Council will maintain a particular assembly at 6 pm Wednesday, April 16 within the boardroom of the town council within the city corridor, 500 W. Massive Beaver Street, to debate the proposed bond.
The council doesn’t vote for particular conferences, so no motion will probably be taken on Wednesday, however particulars of the potential plans will probably be mentioned.
In line with a memo that metropolis supervisor Frank Nastasi wrote to the council on Monday, the proposed bond could be 20 years previous.
It will finance $ 112 million in initiatives, together with:
– $ 50 million for a brand new library
– $ 35 million for road enhancements
– $ 17 million for enhancements to parks and recreation
– $ 10 million for public security.
It was not clear on Tuesday whether or not the bond may embrace further initiatives or whether or not the greenback quantity that voters might be requested might be increased than $ 112 million.
In January, the Council employed an architectural agency to create a schematic design and value estimate for a brand new library, however no choice has been made about alolating a brand new facility or bettering the prevailing at 510 W. Massive Beaver Street, within the Metropolis Advanced.
The strategic plan of the Library for 2024-28 decided the necessity for a brand new constructing to accommodate the rising inhabitants of the town, in accordance with a current launch of the town.
“As is obvious from nationwide averages for sq. meters of public libraries, Troy Public Library is about half of the place it needs to be per head of the inhabitants,” mentioned Emily Dumas, library director.
“The library has not had a significant renovation or growth since 1984 and is subsequently functionally outdated as a contemporary library. This lack of modernization, together with our steady investments in repairs as an alternative of long-term capital wants, is a really actual problem in providing sure capabilities that the Troy neighborhood deserves.”
Since January, the council has held varied research classes on a attainable bond proposal.
In January, the town of Vettraino Consulting employed to assist with the plan of capital expenditure. Jaymes Vettraino of the consultancy will tackle the council through the Wednesday assembly.
Vettraino, primarily based in Rochester, is a municipal administration recommendation service in accordance with its web site.
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