Friday, February 12, 2010
USDA Rural Development Grant
We just received some great news! John Lynn, area Representative from Coeur d'Alene USDA Rural Development was present at the Feb. 11th City Council meeting to announce the approval of additional grant funds of $38,000!! We are grateful for USDA's support of this building project especially in light of the area's difficult economic situation. There are costs associated with the building that were not included in the basic construction bid such as disposal of the old building, landscaping, shelving, parking lot, architectural & engineering fees and administration. USDA is also financing the library bond at a lower rate of interest than we would have been able to obtain through traditional financing methods.
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