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Mel Katz and Judith Harris from San Diego's Library Foundation are confident they can raise the $25 million needed for Downtown's new Central Library by the end of the year.

"Today is one of the first days that Mel [Katz] and I feel a little bit less pressure," Harris told the Rules Committee on Wednesday.

To make the deadline, Harris says the foundation has 41 "concrete" donors willing to pledge approximately $15 million. And, that is without the donors looking to give money in exchange for naming rights.

One of main attractions for donors is the charter school will be located on the 6th and 7th floor of the library. During the meeting, Katz and Harris told committee members that the library foundation was awarded the contract to run the school. Five hundred students will attend. The foundation plans to enlist local professors and some councilmembers to sit on the board.

"We have had donors pledge money just because of the charter school," said Harris.

"We have finally found a formula that is going to work for us."

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Comments

Ponzi Sept. 28, 2011 @ 11:48 a.m.

Care to share how much Alex Spanos has donated? (none)

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monaghan Oct. 1, 2011 @ 1:23 p.m.

It really is incredible that the Library Foundation is getting the contract to loot money from the State of California to set up a charter school for the Central Library.

The Library Foundation is headed by Mel Katz who, years back in the Bersin Era, was part of a group from the voucher-loving Greater San Diego Chamber of Commerce who got money from the state to set up another charter school that never even materialized, although all the money got spent on consultant friends.

I guess the San Diego Unified School District -- which provided 20+ million to the Library Foundation after getting its publicly-approved bond issue passed -- couldn't find any other takers for a trumped-up school that's being constructed without earthquake safeguards.

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