Renovation and Maintenance Plans
The maintenance and renovation initially planned for the library in 2018 was estimated to cost $2.9 million. This included refreshing the existing HVAC system with new components, a minor upgrade to the electrical system, replacing a worn and tired roof and a total redesign of the interior to facilitate more space for the Children’s Room, the Adults’ Room and staff area.
The Town Council on March 18, 2018 approved this plan and the voters agreed to a $1.0 million bond for its construction on November 5, 2018.
In March 2020, the plans were brought to a third-party estimator to ascertain the current cost of the refurbishment. The estimator found that the HVAC system far exceeded its useful life and its rejuvenation was impossible due to its advanced age. The cost of an efficient system capable of supporting the library environment, with related major upgrades to the electrical system, increased the overall cost of the project by $900K.
On May 5, 2020, the Town Council approved a $3.85 million budget for this renovation, which contains the same refurbishments to the roof and the interior, as in 2018, but with the upgraded HVAC and electrical systems.
The Library anticipates funding the $3.85 million project through several revenue sources:
- $1.0 million bond authorized by the voters in 2018
- $1.0 to $1.5 related bond from the RI Office of Library and Information Services (OLIS)
- $400,000 grant received from the Champlin Foundation
- $370,000 in donations received from Jamestown donors
- $150,000 in a town capital account designated for the project
- $400,000 - $900,000 from other donors and from grants (the Capital Campaign committee has submitted grant requests to three foundations for a total of approximately $950,000).