Questions surround addition to DeKalb library
DeKALB – Despite their concerns about fundraising, DeKalb aldermen renewed their commitment to the library’s planned expansion.
Still unknown is whether the city would be on the hook for the library borrowing $6 million from local banks. The library needs to have $15.5 million in the bank by June 30 so it can use an $8.5 million grant from the state to build a 47,000-square-foot addition to the library.
Library Director Dee Coover said she will have more information about the private loan by March 25. She currently is talking with Castle Bank, National Bank & Trust and Resource Bank.
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