The Victorian Coalition Government will invest $2 million towards the major redevelopment of the Bendigo Library, Acting Premier and Minister for Regional and Rural Development Peter Ryan announced today.
Speaking in Bendigo, Mr Ryan said the funding would support the City of Greater Bendigo's $8 million redevelopment plans for the facility.
"I'm pleased that the City of Greater Bendigo has endorsed this $2 million in government funding by allocating it towards the $8 million redevelopment of the Bendigo Library," Mr Ryan said.
"The Bendigo Library attracts more than 475,000 visitors each year and the redevelopment of the much-loved facility will benefit the Bendigo community and the wider region."
Mr Ryan said the Coalition Government's funding for the Bendigo Library redevelopment project was from the $100 million Local Government Infrastructure Program (LGIP).
"The LGIP is part of the $1 billion Regional Growth Fund and is designed to provide councils with access to funds for new infrastructure or asset renewal, in a less complex and simplified manner," Mr Ryan said.
"Under this program councils will have funding certainty and be able to make decisions at a local level to support local and regional projects.
"The Bendigo Library redevelopment is a perfect example of the sort of infrastructure projects that will be supported as a result of this innovative new funding program."
Mr Ryan said the Coalition Government was committed to providing new opportunities for regional and rural communities.
"The Coalition's flagship $1 billion Regional Growth Fund is helping to support growth, jobs and better quality of life for people living in regional and rural Victoria," Mr Ryan said.
During the visit Mr Ryan unveiled a concept plan image of the updated Bendigo Library façade, which will be on display in the library foyer for the public to see.
Additional funding for the project will come from the Central Goldfields Library Corporation ($1 million), Greater Bendigo City Council ($4.25 million) and $750,000 from the Victorian Government's Living Libraries Program.