Item Description:
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Recognize that the public art portion of the capital budget for the Southdale Library Replacement project (1005259) will be $406,500; and amend the 2026 Capital Budget to reduce the Southdale Library Replacement capital project (1005259) by $406,500 in general obligation bonds
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Resolution:
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BE IT RESOLVED, that the Southdale Library Replacement capital project (1005259) be reduced by $406,500 in general obligation bonds; that the public art portion of the project budget be recognized as $406,500, allowing the overall project to be reduced; and that the Controller be authorized to disburse funds as directed.
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Background:
In 2001, the County Board passed Resolution 01-4-212 requiring that 1% of capital library project costs over one million dollars be allocated to public art. In the resolution, project costs were defined as construction costs, architectural fees, and contingency.
The Southdale Library Replacement project 1005259 is part of the 2026-2030 Capital Improvement Program and schematic design of the project was approved June 25, 2024 via Resolution 24-0254.
The Southdale Library Replacement project is the largest new construction library project since the resolution was passed. One percent of defined costs according to the 2001 Resolution would be $813,000.
The project costs also includes costs associated with the additional shelled space for the Edina Arts Center, construction of the adjacent four-acre green space and structured parking. The library itself is approximately 47,000 square feet.
The closest comparisons for new construction are the Maple Grove and Brooklyn Park Libraries. The Maple Grove library, completed in 2011, is 40,000 square feet and had an art budget of $238,000. The inflation-adjusted value of $238,00 from 2011 is $342,500 today (2.47% annual inflation rate from 2011-2026). The Brooklyn Park Library, completed in 2015, is 39,000 square feet and had an art budget of $182,000. The infl...
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