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City councillors face $2.7m loan to pay for pop up libraries

Report from RNZ [1]
Creating temporary libraries for Wellington city while the Central Library is closed is going to cost the city millions.

A network of pop-up libraries is to be set up to make sure people can still access books and other services.

This week, councillors will discuss borrowing $2.7million to cover costs for this year and including the rest of the funds needed in next year’s annual plan process.

A council paper states the extra spending is the equivalent of a rates rise of 0.86 percent.

Altogether, the council will need to spend $2.7m on leases and nearly $6m on capital expenditure.

It is also going to lose about $1.3 million in revenue from the car park and other library facilities.