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March 03, 2007

It's official-$3,750,000

That's the asking price for the current library building on 35 Leroy Avenue. Of course, we'd be happy if the market dictates an even higher price, since every dollar we get from the sale of the current library is a dollar less we have to raise in our Capital Campaign. There are no tax dollars being used to build the new library.

We have a list of 25 interested buyers, including the Town of Darien, and will put the property on the market sometime this spring. The Library trustees are very mindful of their fiduciary responsibility to get the best terms for the sale of our biggest asset.

Thanks, Ally Mookerjee, reporter for the Darien News Review, for a thorough article on the new library and the upcoming sale of the current building.

Posted by louise at March 3, 2007 04:13 PM

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