Library commission hears early
timetable for library project
Rome wasn't built in a
day, so the public shouldn't expect any different for the Peachtree
City Library. Director of Leisure Services Randy Gaddo addressed the library
commission on Wednesday night, as did Blaine Paxton from Leo Daly, the
company that did the conceptual design for the library project. No concrete
dates were set, but a more definitive schedule should be available soon.
Gaddo started by saying that
the ball is already rolling. The city's finance staff and outside
specialists, specifically a bond underwriter and bond counselor, are preparing
all of the documents to purchase a bond. Their fees come from the allotted
$200,000 in the bond expenses. Their duty is to lock in the best interest
rate and choose the best method of selling the bonds, either private or
public. Gaddo then stated that they could get started with Phase II of
the project anyway by using $20,000 which Leo Daly agreed to credit, if
the bond referendum passed and also cash reserves which would be paid
back when the bond money starts coming in.
"It is also important
that we don't draw proceeds from the bond any sooner than necessary,"
said Gaddo. "Once we do, we have a 24 month window to spend it."
Paxton addressed the commission
next and said that their part of the process of going from schematics
to sending out the design for bids could take up to six months. They will
go back over their preliminary design and have more sessions with staff
and the public, discussing exactly what is necessary and questioning every
decision they made initially with their first design.
Paxton then gave a rough example
of a timetable by stating, "If we started the design process on Dec.
1, construction could possibly begin in August."
The commission plans to keep
the public informed every step of the way and is planning on having a
timetable on display at the entrance of the library. A cleared schedule
should be available at their next meeting, which is scheduled for Wednesday,
Dec. 10 at 6:30 p.m.







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