PETERSBURG-AK Early next month, Petersburg voters will decide whether to allow the city to bond for up to one-and-a-half million dollars to help pay for a new library. The local amount works out to roughly 22 percent of the project’s estimated cost. The city and local library advocates have secured the rest of the funding mainly through a combination of state and foundation grants as well as local donations of money and land. Some of that funding is contingent on Petersburg passing the bond. On Friday, Matt Lichtenstein asked City Finance Director Jody Tow and City Librarian Tara Alcock for more detail on the funding and estimated costs of the new building.
