Reports and proposals · April 5, 2002
LSSI preliminary library-management cost proposal
Quotes a $429,600 management fee, $35,000 materials budget and optional additional hours. This is a proposal, not an executed contract.
Text
Transcribed from the scans and checked against them by Claude. Typed text comes first; handwritten notes follow it. [illegible] marks words that cannot be read and [?] an uncertain reading.
Library Management Cost Proposal
to the
City of Hermosa Beach, CA
for the
Hermosa Beach Public Library
April 5, 2002
Fiscal 2002 Library Management Fee: | $429,600.00
Books & Materials (includes processing): $ 35,000.00
Hours of operation: 35 hours per week
LSSI proposes to manage the Hermosa Beach Public Library for a total cost of $429,600.00, beginning July 1, 2003 for the year. It is our understanding that the City wishes to manage the Library within the existing tax collections. LSSI is willing to work within this requirement and will work with the City to adjust this figure as more detail is known.
For subsequent years of this agreement, the management fee is subject to negotiations between LSSI and the City, which will determine the actual funding for the library for FY2004 and beyond.
LSSI proposes that the amount finalized for Library Management be paid at the rate of 1/12th per month ($35,800). Out of this monthly fee, LSSI will fund the payroll for employees and will pay for all other library expenditures as itemized in the annual budget developed for the library.
Option 1: Additional five hours of public service | $14,400
If approved, LSSI will open the library five additional hours for a total of 40 hours per week for $14,400. LSSI will work with the City to determine the days and hours to keep the library open.
Option 2: Additional monies for the book budget
In the above budget, the Library's budget for materials, processing, etc. is $35,000 per year. If the City wishes to add additional monies to the book budget, LSSI will add the dollar amount to the contract and purchase additional library materials over the amount noted above.
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Library Management Cost Proposal to the City of Hermosa Beach, CA for the Hermosa Beach Public Library April 5, 2002 Fiscal 2002 Library Management Fee: $429,600.00 Books & Materials (includes processing): $ 35,000.00 Hours of operation: 35 hours per week LSSI proposes to manage the Hermosa Beach Public Library for a total cost of $429,600.00, beginning July 1, 2003 for the year. It is our understanding that the City wishes to manage the Library within the existing tax collections. LSSI is willing to work within this requirement and will work with the City to adjust this figure as more detail is known. For subsequent years of this agreement, the management fee is subject to negotiations between LSSI and the City, which will determine the actual funding for the library for FY2004 and beyond. LSS! proposes that the amount finalized for Library Management be paid at the rate of 1/12 per month ($35,800).Out of this monthly fee, LSSI will fund the payroll for employees and will pay for all other library expenditures as itemized in the annual budget developed for the library. Option 1: Additional five hours of public service $14,400 If approved, LSSI will open the library five additional hours for a total of 40 hours per week for $14,400. LSSI will work with the City to determine the days and hours to keep the library open. Option 2: Additional monies for the book budget In the above budget, the Library's budget for materials, processing, etc. is $35,000 per year. If the City wishes to add additional monies to the book budget, LSSI will add the dollar amount to the contract and purchase additional library materials over the amount noted above.