Governor Murphy Signs Legislation Authorizing Funding from Library Construction Bond Act

The Cranbury Public Library Board of Trustees is happy to announce that on November 20, 2020 Governor Murphy authorized 38 library projects to receive funding through the NJ Library Construction Bond Act. Cranbury Public Library is among the recipients, receiving $2,329,500 for the construction of a new library building. 

I know this is welcome news for all of our Foundations donors and library supporters.  We worked long and hard to make this project a reality. A big part of our success was your support! Your donations are providing the bulk of the required 50% match of the state funding.  In our application the Board was able to state unequivocally that the community was behind the new library project as shown by the large amount of funds raised in our capital campaign. Thank you for standing behind us! 

The plans for the new library are ready and bid documents are being prepared.  As soon as we receive the official letter from the New Jersey State Librarian the Library Board, with the assistance of Cranbury Township, will put the project out to bid.  We are planning to break ground this spring! 

The governor’s office stated “38 highly-rated projects from 16 counties across the state were recommended to the Legislature to receive funding from the Act. More than 129 applications were reviewed by a committee comprised of experts from across relevant State agencies, including the New Jersey Economic Development Authority, the New Jersey Department of Environmental Protection, the Department of Community Affairs, the New Jersey Treasury, and the New Jersey Historical Commission, among others. This legislation authorizes $87.5 million in state bonds to fund critical improvements to New Jersey public libraries. The bond issuance was approved by New Jersey voters in November 2017 and all applicants were required to identify a 50 percent match to fund their proposed projects.”

 Read the full press release from the Governor.

Cranbury Public Library – STILL waiting!

The regulations for the NJ Library Construction Bond Act were published first in July. After a 60 day comment period the final regulations were released on November 4, 2019. To read the full regulations and comments go to NJ Library Construction Bond Act.

We are looking forward to receiving the application for grant funds soon. Once received the Library Board will have 90 days to submit the completed application. The state will then have 60 days to award grant funds. Let’s hope 2020 is the year we break ground!