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SR-9-C (24) fIIJJJ if qZfl?/ tl& JUL 2 1 818 LIBRARY WA GM f \library\admln\stafrpt\bond2 wpd Council Meeting July 21, 1998 Santa Monica, California To Mayor and City Council From CIty staff Subject Recommendation to Approve a Resolution of Necessity for a General Obligation Bond Measure to Assist In the Funding of the Renovation and Expansion of the Santa MOnica Public Library facilities INTRODUCTION This report recommends that the City Council adopt the attached Resolution of Necessity statmg the need for a General Obligation Bond on the November 3, 1998 ballot to assist In the fundmg ofthe renovation and expansion ofthe Santa MOnica Public Library facilities Included IS a brief history of the need for the proposed facility Improvements BACKGROUND On June 16, 1998 the City CounCil directed staff to take all appropnate actions so the CounCil may consider placing a general obligation bond on the November 3, 1998 ballot to help fund the renovation and expansion of the Library fac/lllies This Resolution of Necessity IS the initial procedural step In placing a bond measure on the ballot Adoption of the Resolution of Necessity does not commit the CounCil to plaCing the bond on the ballot, or to the actual bond amount Placement of the bond on the ballot reqUires adoption of additional resolutions and an ordinance, which Will be presented to the CounCil on July 28, 1998 In the early 1980s there was concern among library users that the Santa MOnica Public q& JUL 2 1 ~ Library was overcrowded and losing the abIlity to house the services and collections that the community needed A study was done In 1986 which determined that the Main Library would need to be expanded substantially to meet the projected needs after the year 2000 In response to the study, a citizen's commIttee supported a successful bond measure for $4 5 million to purchase property adjacent to the library for a future expansion In 1992, the Library Board directed staff to begin expansion planning because the Main library was over crowded, In deteriorating condition and not eqUIpped to take advantage of expanding technology. Furthermore, Improvements were needed In the three Branch libraries Over the next few years a master plan was developed incorporating earthquake repair, needed renovation, and expansion needs The master planning process, conducted by the architectural firm of Hardy Holtzman Pfeiffer ASSOCiates, Included extensive information gathered from the community at large, library supporters, and staff. NEED The current Santa MOnica Public Library facilities have served the City'S needs for more than thirty years The anginal mechanical, plumbing, and electncalsystems are inSUffiCient for the anticipated growth Collection and staff areas are crowded and limit the capacity to Increase collections and effiCiently serve the public Structural upgrades are needed to comply with new earthquake construction standards The bUilding and furnishings do not accommodate today's computers and the electronIC equipment of tomorrow There IS a lack of meeting room space as well 2 Based upon the Library Master Plan, a $25 million library bond measure IS requested to finance expansion that will double the available space at the Main Library and bnng needed Improvements to the three Branches At the Main Library seating space will be doubled, shelving space will be Increased, and expansion of heavily used library programs such as literacy service, shut-In service, children's story hours, children's technology programs, homework support and computer training wIll be accommodated There wIll be room for more new books and other matenals as well as space for group study, lectures, recitals, meetings and comfortable space for the community to gather and meet Branch facilities will be upgraded, addmg new technology centers, homework help centers, and In the case of the Montana Branch, a multipurpose room BUDGETIFINANCIAL IMPACT Adoption of the Resolution of NeceSSity does not have a budget or fiscal Impact RECOMMENDATION It IS recommended that City Council adopt the attached Resolution of NeceSSIty to begin the process for placmg a general obligation bond measure on the November 3, 1998 ballot to fund the expansion and renovation of the Santa Monica Public Library facilities Prepared by WIn! Allard, City Librarian Greg Mullen, ASSistant City Librarian Attachment Resolution of NecesSIty 3 CA:MJM:f:\atty\muni\laws\mox\libgo.reso city council Meeting 7-21-98 Santa Monica, California RESOLUTION NO. 9292 (CCS) (CITY COUNCIL SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA DETERMINING THAT THE PUBLIC INTEREST AND NECESSITY DEMAND THE CONSTRUCTION, IMPROVEMENT AND REMODELING OF THE SANTA MONICA MAIN LIBRARY BUILDING, BRANCH LIBRARIES AND RELATED FACILITIES AND THE FINANCING OF SUCH COSTS THROUGH THE ISSUANCE OF GENERAL OBLIGATION BONDS WHEREAS, the City of Santa Monica owns and operates mun1cipal improvements commonly known as the Santa Monica Public Library Main Branch, located at 1343 sixth Street, the Fairview Branch Library, located at 2101 Ocean Park, the Montana Branch Library, located at 1704 Montana Avenue and the Ocean Park Branch Library, located at 2601 Ma1n street, all w1th1n the city of Santa Monica (hereinafter "Library") ; and WHEREAS, in order to provide for the anticipated needs of the Library and the pUblic it is desirable that the city make certain cap~tal improvements ("Improvements" ) to expand, remodel, improve and enhance the Library; and WHEREAS, the Library is a valuable city resource which serves the community and the general publ~c at large; and 1 WHEREAS, in order to satisfy the growing needs of the community, l.t is necessary for the city to make plans and take action to accommodate future expansion of the Library; and WHEREAS, the City of Santa Monica (the "City") is authorized to issue general obligation bonds to finance capital municipal improvements such as the Library, pursuant to the provisions of Article 1, commencing with section 43600, of Chapter 4 of Division 4 of Title 4 of the California Government Code (the "Act"); WHEREAS, the city intends to issue general obligation bonds under and pursuant to the Act to finance the acquisition and construction of the Improvements; and WHEREAS. in order to initiate proceedings under the Act to provide for the financing of the Improvements, the city Council of the city (the "City Council") must make certain findings and determinations; NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Santa Monica as follows: SECTION 1. The public interest and necessity demand, and it is the l.ntention of the City Council to require the capital construction and completion of the Improvements and the issuance of general obligation bonds of the City to finance the cost thereof, 2 . subject to completion of the proceedings required by the Act. SECTION 2. The estl.mated cost of the Improvements is not to exceed TWENTY-FIVE MILLION DOLLARS ($25,000,000.00) . Said estimated costs include provision for legal and other fees, costs of printl.ng of bonds and other costs and expenses incl.dental to or connected with the issuance and sale of general obligation bonds to finance the costs of the Improvements. SECTION 3. The city Council hereby finds and determines that the costs of the Improvements require an expenditure by the city greater than the amount allowed for it by the annual tax levy of the city. The principal amount of general obligation bonds of the City to be issued for the Improvements will not exceed the estl.mated cost set forth above for the Improvements. SECTION 4. This Resolution is adopted, and general obligation bonds of the City are to be issued, pursuant to the Act. SECTION 5. This Resolution shall be adopted upon a vote of no less than two-thirds of all members of the City Council. 3 SECTION 6. The City Clerk shall certify to the adoption of this Resolution and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM: n r P h -. ,I i!~ i.J/-<7.h,!'f i.lcAA.1--LLP Marsha Jones-Moutrl.e City Attorney 4 . Adopted and approved this 21st of July, 1998 ~~ Robert Holbrook, Mayor L Mana M Stewart, City Clerk of the City of Santa Monica, do hereby certify that the foregoing Resolution 9292 (CCS) was duly adopted at a meeting of the Santa Monica City Council held on the 21st of July. 1998 by the following vote Ayes Councllmembers Ebner, Feinstein, Genser. Greenberg, Holbrook, O'Connor, Rosenstein Noes Councllmembers Abstain Councllmembers Absent Councllmembers ATTEST '-. ~~ ~ \ Mana M Stewart, City Clerk