NJ Library Construction Bond Act

Election Day is Tuesday, November 7, 2017.

VOTE ‘YES’

 A referendum on the New Jersey Library Construction Bond Act will be on the November 7 ballot.

It will provide…

  • $125 million to NJ Public libraries for construction and renovation
  • matching 1:1 grants of state and local dollars and not dependent solely on local property taxes.
  • improvements, updates and ADA upgrades
  • expansion and creation of community spaces.
  • additional technology
  • creation of construction jobs & economic development

Question #1 on the ballot is about NJ Public Libraries.

Wording on the ballot: Do you approve the “New Jersey Library Construction Bond Act”? This bond act authorizes the State to issue bonds in the aggregate principal amount of $125 million. The proceeds of the bonds will be used to provide grants to public libraries. The grants will be used to build, equip, and expand public libraries to increase capacity to serve the public.

Interpretive Statement: Approval of this bond act will allow the State to sell $125 million in State general obligation bonds. Proceeds from the bonds will be used to provide grants to construct, expand, and equip public libraries. Municipalities or counties that fund public libraries will match the grant amount. The municipality or county may solicit private funding to support its match. The State Librarian, in consultation with the President of Thomas Edison State University, will set eligibility criteria for the grants.

For the text of the bill: NJ Library Construction Bond Act

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