View Mobile Site
 

Ask the Expert

Signal Photos

 

Castaic Library project moves forward

Posted: November 26, 2013 3:12 p.m.
Updated: November 26, 2013 3:12 p.m.
 

Following a public hearing Tuesday, members of the Los Angeles County Board of Supervisors voted unanimously to move forward with plans to purchase and expand the Castaic Library site on Sloan Canyon Road.

The vote allows the county to execute an option agreement on the property where the site would be purchased once a series of tenant improvements have been finished.

The option agreement, made in 2012, would expand the existing library building by 5,247 square feet, bringing it up to 12,232 square feet, and include room for 49 parking spaces.

Once those improvements are completed, which is expected to be around June 2014, the county will purchase the building. The estimated total cost of the acquisition is $2,361,500, according to documents on file with the Board of Supervisors.

“Upon exercise of the purchase option, Public Library will save the annual rental cost of $307,190, taxes of $83,766, and insurance of $12,116, for a total annual savings of $403,072,” reads a report on file with the Board of Supervisors.

After the improvements are made, the library is expected to include roughly 60,000 books and other materials and will also contain an 80-seat meeting room, group study rooms, a child’s area and teen center, as well as space for filmmaking and digital projects, according to board documents.

Lmoney@signalscv.com
661-287-5525
On Twitter @LukeMMoney

 

Comments

Commenting not available.
Commenting is not available.

 
 

Powered By
Morris Technology
Please wait ...