As construction wraps up on a new town green space and library, the outpouring of donations during the fund-raising campaign have put the New Canaan Library on track to complete its work on budget.
The library was granted the $10 million credit line in August 2021 for construction of the new library and a town green, estimated at $38.5 million. A former investment banker, Crovatto has spent countless hours spearheading the Capital Campaign for the New Canaan Library project. The New Canaan Library is an association library, not directly run by the town; some 75 percent of its funding is provided by a grant from New Canaan. The remaining quarter of the cost is paid through fundraising such as donations to the library’s Annual Fund. Looking at the completed library, Crovatto said she was extremely proud of her fundraising team and the work they put in to accomplish such a massive feat within the timeline and budget.
https://www.stamfordadvocate.com/news/article/new-canaan-library-40m-renovation-on-budget-18467820.php