Altadena Library Board Seeks Applicants for New Community Facilities District Committee

The Altadena Library District Board of Trustees said Friday it is now accepting applications for the newly created seat(s) on the Community Facilities District Committee, which was formed to oversee the assessment and funding of future capital improvement projects.

In August 2020, the Board of Trustees adopted resolutions establishing the Altadena Library District  Community Facilities District (CFD) and deeming it necessary for the CFD to incur a bonded indebtedness to finance capital improvements of certain public facilities if approved by the community in a special election. Measure Z was approved by the community in the November 2020  election by over a 2/3 majority vote, which authorizes the CFD “to levy $0.10/square foot for single-family residences annually, with different rates for other property types, raising approximately  $2,600,000 annually until ended by voters; bond issuance/appropriation limit of $24,000,000;  requiring oversight/audits, low-income exemptions, and all funds staying local,”  (www.altadenalibrary.org/MeasureZ).

This CFD Committee, formed by the Board of Trustees in December 2020, said it will provide critical guidance over the implementation, from developing the bond issuance team and debt structure,  managing the bond proceeds to providing oversight of the capital improvement projects and supporting the solicitation of community feedback throughout the process. The CFD Committee values the perspective of the community and has created this opportunity to serve alongside the  Board of Trustees appointed to this important committee.

The CFD Committee plans to meet virtually once a month on the second Wednesday of each month at 3:00 p.m., via Zoom while COVID-19 social distancing continues to be required, and all meetings will be open to the public via live stream on the Altadena Library YouTube channel. This volunteer position has a term limit of one-year, with two one-year renewals available at the discretion of the individual and the Board of Trustee committee members.

“Our Board of Trustees is committed to transparency and community engagement throughout this process,” said Committee Chair and Trustee Terry Andrues. “We welcome the voices of Altadena to  guide our work and support the molding of our libraries into resources that can safely and  successfully serve our community for generations to come.”

Interested candidates must submit their resume and a statement of interest to District Director Nikki  Winslow via email at nwinslow@altadenalibrary.org. The statement should outline why each candidate is interested in joining and what relevant experience or expertise they would bring to the work. The deadline to apply is Friday, January 29, at 5:00 p.m.