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Construction Bond Fund:
Highlights of the Legislation

PUBLIC LIBRARY PROJECT GRANT PROGRAM
Senate Committee Substitute for Senate, No. 1924

1. Public Library Construction Advisory Board

Secretary of State or Designee; State Librarian; State Library Advisory Council (Member); Four persons appointed by Governor with advice and consent of Senate.

Board will:
A. Promulgate regulations prescribing procedures for applying, terms and conditions for receiving grant.
B. Review, approve or deny application in accordance with uniform procedures.
C. Submit approved grants to the Joint Budget Oversight Committee. (Any grant not disapproved by the JBOC within 30 days is considered approved).

2. Eligible Project Costs
  • Construction of new buildings
  • Expansion, rehabilitation or acquisition of existing buildings
  • Expenses incurred after August 18, 1999 related to the acquisition of land (actual costs)
  • Site grading and improvement of land
  • Architectural, engineering, consulting and inspection services
  • Expenses related to the acquisition of existing building (actual costs)
  • Expenses relating to the acquisition of equipment, including building fixtures, office furniture and public library equipment (shelving, cabinets, tables, etc. and information retrieval devices, but not books or library materials.)
3. Additional provisions
  • The Educational Facilities Authority is the fiscal agent
  • A 3 to 1 match is required
  • The match may be financed
   
  Comments and questions to:
Tina Keresztury, Construction Bond Specialist, tkeresztury@njstatelib.org
  Page last updated on: January 5, 2004
   
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