Athens approves funds to help library buy Kroger building
ATHENS — After ensuring it can get its money back, the Athens City Council approved paying $60,000 over three years to help the library buy the former Kroger building.
The city will pay the interest on a loan the Athens-Limestone Public Library board plans to get to buy the Kroger site on Jefferson Street for $700,000. The city will pay $20,000 a year from 2008-10, as will the Limestone County Commission.
The library's foundation must raise money to fund the $4 million renovation.
If it cannot raise the money, then the library must reimburse the city if it sells the property, or take a decrease in its yearly appropriations from the city to cover the cost.
- Holly Hollman
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