Agenda Attachment D - FY2019-2024 Manager Recommended Capital Investment Plan

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Main Branch Library Remodel Project Category:County Capital Project Status:Planned Project Type Functional Service Area:Support Services Proposed Bid Award Date:TBD New Department:Asset Management Services Starting Date:7/1/24 Expansion Project Number:New Completion Date:6/30/25 Renovation X Replacement Project Description/Justification: Since the Main Library opened in 2010, daily use of the meeting and reading spaces hasincreased by fifty percent (50%). This corresponds to a twentyfive percent (25%) increase in program attendance and a fiftyfive percent (55%) increase in material circulation. In anticipation of future growth, $100,000 is budgeted in Years 6-10 to hire a consultant to evaluate and recommend interior upgrades to the Main Library in Hillsborough. The remodel would follow in phases in order to minimize disruption in service. Funding of $1,100,000 in future years would support construction, furnishings and equipment. The remodeling goals are to improve the customer experience by 1) reducing the number of our service desks, 2) increasing safety sightlines, 3) creating flex-space for study program use, and 4) enhancing the layout to support increased use of mobile technology. FINANCIAL SUMMARY Current Year 1 Year 2 Year 3 Year 4 Year 5 Five Year 6 Prior Years Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year to Project Budget Funding 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Total Year 10 Expenses Professional Services ---100,000 Construction/Repairs/Renovations ---880,000 Equipment/Furnishings --220,000 Total Project Budget --------1,200,000 Funding Sources Transfer from General Fund - Available Project Balances - Debt Financing - 1,200,000 Total --------1,200,000 Impact on Operating Budget Personnel Services - Operations - Recurring Capital New/Add'l Revenue - Total Operating Costs ------- 43