ERIE, Pa. – Gannon University may soon see a $32 million bond, half of which will be used to renovate the Nash Library.
City Council unanimously approved a request from the university during Wednesday’s council meeting to borrow the money from the city of Erie’s Higher Education Building Authority.
The $16 million will be used to renovate the nearly 50-year-old library. Demolition has started and the designs are ready, thanks to input from the students.
“You’ll see a grouping of study rooms that are much different,” Linda Wagner, vice president of finance and administration, said. “You’ll see a cafe that will be added to the library. A green roof is a special part of the project and a lot of updated technology.”
The new library will open in January of 2018.
The other half of the bond will be used to refinance a current bond at a lower rate.