Bee Cave City Council moved to cancel contracts with Hoar Construction and Lake Flato Architects for the proposed new Bee Cave Public Library construction at the April 14 meeting after residents voted against issuing bonds to fund the library last November.
The overview
During the November bond election, voters approved Proposition A to authorize the construction of an 18,500-square-foot library on the Skaggs tract, near Hill Country Indoor.
Yet, voters did not support Proposition B, a measure that would have authorized the city to issue bonds and levy a tax to fund the $19.98 million project. The bond would have increased property taxes up to $0.0148 per $100 of valuation, or approximately $114 per year for the average taxable home in Bee Cave, according to a Sept. 23 news release from the city.
