Archive for Thursday, February 26, 2004

Approved library bond issue would increase mill levy 7.79 mills

Voters living within library district will vote April 6

February 26, 2004

Voters residing within the Basehor Community Library District, which covers approximately 50 square miles, will have the option to vote during an April 6 library bond issue.

"We want to stress anyone living within our boundary lines are paying taxes to our library district and they are the people we're serving," library director Carla Kaiser said. "(The bond issue) is about trying to provide better services than we can now."

The simplest definitions of the library boundaries are:

  • County Road 8, or Fairmount Road, to the north.
  • 142nd Street to the east.
  • Kansas Highway 32 and Himphill Road to the south.
  • 182nd Street to the west.

Voters living within those boundaries may vote on the $3.79 million bond issue, which will fund a new facility on 158th Street, southwest of the current library in downtown Basehor.

According to estimates, an approved bond issue would increase the library district's mill levy by 7.79 mills. The current library mill levy is 3.23 mills.

Kaiser said the mill levy necessary to fund the new library is an estimate only and assumes no increases in assessed valuations, which could lower the figure.

Recent valuation trends in the library district would indicate an increase in assessed valuation is likely to occur, she said.

The 2003 total assessed valuation of the library district is $62,140,955. Since 1999, the valuation of the library district has increased 57 percent, an average of 11.95 percent annually.

"We're trying to present the most you'd pay with an approved bond issue," Kaiser said. "But, it's reasonable to expect this would be lower because of assessed valuation."

The library board of trustees has developed a timeline they would like to follow if the bond issue is approved in April.

Notice would be given to companies interested in bidding on the general obligation bonds shortly after the bond issue is approved. Library officials would award the low bid in June.

The process of letting and awarding construction bids would take place in the fall.

The timeline is not final, Kaiser said.

"It's just a timeline to help keep us on track," she said.

If the bond issue is approved, the new library would encompass 21,000 square feet of space. Five thousand square feet would be in the basement, which would be used for office space and storage.

Commenting has been disabled for this item.