The Regina Public Library Board of Directors this afternoon approved a motion to request that City Council approve funding for a new Central Library building in the forms of:

1. A dedicated Central Library mill rate increase of 5.5% each year over five years, starting in 2025; and
2. Debt, to be taken on through the City for a range of approximately $92M to $119M for the Central Library Renewal project, and which may be borrowed in portions as needed, from 2026 to 2029.