Upgrade the existing library/service centre building in 2022/23

This option would rectify weather tightness and building code issues on existing library/medical centre but it would not provide any additional community space.

Cost

$2.6 million funded from borrowing. However, there’s a risk of incurring further costs once work begins, as a result of long-term water tightness issues.

Impact on rates

The cost of the upgraded building has a rate impact equal to $5 per year within the Libraries Targeted Rate and assumes the debt is repaid over 25 years.

Impact on debt

We would need to borrow an extra $2.6 million. This would be repaid by the Libraries Targeted Rate.