Total Project Costs
Combining several community needs, this project is a catalyst for economic development in the Cascadia Innovation Corridor along Interstate 5 between Seattle and Vancouver, BC, and represents a $53.4 million investment in the local economy.
This project includes public library services, community center space, and structured parking with a public mega charging electric vehicle charging floor, park and ride, and transit stop.
This project includes public library services, community center space, and structured parking with a public mega charging electric vehicle charging floor, park and ride, and transit stop.
Funding Plan
The City of Mount Vernon committed to a $53.4 million project with the intention of not increasing constituent taxes through a bond. With the cost of construction continuing to rise, the City Council voted to begin construction in the fall of 2022 with a $6 million funding gap. As of August 2023, we are under $1.7 million from our goal with the projection to be fully funded by the end of 2023 without a bond measure.
Funding sources include:
Total Raised to Date: $51,722,920
Exceeding Our Total Project Cost
Although we are on track to meet our total project cost, we will continue to fundraise. The additional funds will be used for the $2.5 million building alternatives such as kitchen appliances, parking indicator sensors, outdoor patio terrace, and fulfillment of technology equipment needs to enhance the community experience.
- State funds
- Federal funds
- Community donations
- Grants
Total Raised to Date: $51,722,920
Exceeding Our Total Project Cost
Although we are on track to meet our total project cost, we will continue to fundraise. The additional funds will be used for the $2.5 million building alternatives such as kitchen appliances, parking indicator sensors, outdoor patio terrace, and fulfillment of technology equipment needs to enhance the community experience.
