Bond Act:
Office of Library Construction News

The deadline for the third cycle of applications was January 16, 2004 at 5 pm. The remaining Library Bond Act of 2000 funds will be allocated based on the applications that are submitted for this final cycle.

The Office of Library Construction (OLC) received 72 applications for Library Bond Act construction grant funding in the thrird and final cycle. The total amount of state funds requested by these projects is approximately $586 million and the average state grant request is a little over $8 million.

A complete list of all of the project applications with the requested state grant amounts is available at the following web address: http://olc.library.ca.gov/c3applicants.asp.

OLC staff will now turn their attention to the next phase in the process, which is the eligibility review of the applications. It is anticipated that this review will be completed sometime in the spring. An email alert will be transmitted when the eligibility phase is completed. Those projects that are deemed ineligible will receive a letter delineating the reasons for the ineligibility determination.




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