The modern rebuild: 408 South Bray Street, with its audited measure

2002–2022 · THE CORPORATION'S FORM AND THE AUDITED FIGURES

The modern building's full account was banked as unreached; its corporate form and its audited measure are reachable, and they are dug here. The seat stands as banked: 408 South Bray Street, the library's home since 2002. The instrument is now carried: a library building corporation — the standard Indiana arrangement under which a nonprofit building corporation holds the facility and leases it to the board until the debt retires — formed in December 2002 in the public nonprofit listings, with the library's director, Stephen J. Boggs, named as its contact. And the building has an audited measure: the State Board of Accounts' audit of the library (Crowe LLP, for 1 January 2021 to 31 December 2022) carries its capital-asset schedule at 31 December 2022 — land at $168,000; buildings at $3,813,120; improvements other than buildings at $554,662; total capital assets of $5,220,411. A five-million-dollar plant, on the audit's own figures, for a one-township library district. What still stands unreached is the dedication-day account — the bond's amount and date as issued, the architect's name, the opening day itself (GAP-NC-LIB-6) — whose settler is the corporation's filings, where the bond and the architect live. The rebuild article therefore closes with the building measured and its birthday unnamed: a fuller state than the banked leg left, and an honest one.

Sources:

1. Libraries, nc-lib-bray — the seat and date; GAP-NC-LIB-6 as banked.
2. The public nonprofit listings — the building corporation's formation (December 2002), Boggs named as contact; State Board of Accounts, Financial Statement Audit Report of the library, 2021–2022 (Crowe LLP), Schedule of Capital Assets — the audited figures, read whole in the banked pass.