The Mount Vernon City Council at its Oct 28 meeting approved the Capital Improvement Plan (CIP) for the city looking out five years. Funds for the new Library Commons have been included as a priority level 2 project (It is the City’s #1 project for 2021). The estimated expenditure is $38 million to be spread over three years of the construction process (design expenditures are expected in 2021). The Foundation has committed to providing $4 million of funding to support the interior appurtenances that will go into the facility. $14 million is expected to come from the Local Infrastructure Financing Tool (LIFT) Program which basically redirects sales taxes paid to the state back to Mount Vernon for this worthy local project. See the full CIP report at mountvernonwa.gov/140/Capital-Improvements-Plan
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