AP NEWS

Paver program launched at the Watertown library

May 24, 2019

The Campaign Leadership Committee for the Key to Opportunity Watertown Library and Expansion project is launching a Paver Program. The Paver Program is open to the public and offers the community the opportunity to buy a paver to support the library project.

Three options are available for purchase. A 4-inch-by-8-inch paver is $100 and includes three lines of text. An 8-inch-by-8-inch paver is $250 and includes six lines of text. A 12-inch-by-12-inch paver is $1,000 and is recommended for businesses who want to include their logo or have custom engraving.

The campaign is now in the public phase and the library has two challenge grants for this phase. Every paver gift will be matched, dollar for dollar, by both the Watertown Community Foundation and the Greater Watertown Community Health Foundation, therefore every dollar given will be matched with an additional $2.

The community can stop by the library to learn more and fill out the form. The program will run through Dec. 31.

The budget for the new library is $10 million. $4.38 million of that has been promised by the city (via a June 2018 resolution) as long as the library can secure at least $2.92 million of pledges and collect at least half of that by the end of 2019. Through the Greater Watertown Community Health Foundation, this is committed.

The current budget includes an additional half million of in-kind parking lot development from the city. Funding to cover parking is under discussion.

The Key to Opportunity community fundraising campaign has a goal of $5 million with $2,500,000, 50 percent, to come from local and regional foundations; this is fully committed. The additional $2,500,000, 50 percent, will come from people and businesses in Watertown; to date more than $1,700,000 has been raised. A total of more than $9,100,000 has been secured for the new library center to date.

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