Library Gets 1 Bid for Naming Rights: An Anonymous Person Pledges $325,000 on the Online Auction Site to Help the Center in Womelsdorf Expand.
Posted on: Wednesday, 8 February 2006, 12:00 CST
By Rebecca Vandermeulen, Reading Eagle, Pa.
Feb. 8--At least one person is willing to spend $325,000 for the right to name the Womelsdorf Community Library.
About a week after library trustees launched an eBay auction for the naming rights, the first bid came in late Monday night.
The library board plans to use the auction proceeds to help pay for an expansion of the library at 203 W. High St., Womelsdorf.
Board member MaryAnne C. Beamesderfer saw the bid on her home computer about 7:15 a.m. Tuesday.
"There it was," she said. "I'm thinking, 'This is wonderful.' "
Trustees don't know who submitted the bid, and eBay is keeping bidders' identities private.
The auction began Jan. 30.
The library set the starting bid at $325,000 with a reserve price of $375,000. That means the board can decide whether to accept any bid under $375,000.
The winner will get to name the library, although library officials have said the name Womelsdorf would probably still be included.
Library trustees could reject any name they deem inappropriate.
As of Tuesday night, the eBay page listing the Womelsdorf library had been viewed more than 1,900 times, but just one bid was entered.
The auction ends Thursday.
Board member Betsy Hedbavny said library officials were happy to see the first bid.
"We were very excited and certainly hopeful that maybe it will generate more bids," she said. "There's somebody out there who thinks libraries are important."
The money would go toward the board's plan to expand the 2,000-square-foot building to more than 5,000 square feet; install a new heating system; renovate an emergency stairway; and build a new parking lot.
Library officials plan to seek construction bids in March.
-----
Copyright (c) 2006, Reading Eagle, Pa.
Distributed by Knight Ridder/Tribune Business News.
For information on republishing this content, contact us at (800) 661-2511 (U.S.), (213) 237-4914 (worldwide), fax (213) 237-6515, or e-mail reprints@krtinfo.com.
NASDAQ-NMS:EBAY,
Source: Reading Eagle
Related Articles
- Ford Taurus - America's Most Innovative Sedan - Named 'Official Car' of the 2010 International cES
- Carnegie Library of Pittsburgh's Board of Trustees Approves Plan to Reduce Cost Structure Due to Declines in Funding
- Carnegie Library of Pittsburgh Board of Trustees to Announce Plan for Addressing Library Funding Issues
- Continental Airlines Named Official Airline of the New Jersey Performing Arts Center
- Apple Mulling Bid on Airwaves Auction
- Escala's Collateral Finance Corporation Named ``Official Numismatic Lender'' of American Numismatic Association
- Radar Named Official Honoree By 11th Annual Webby Awards
- dotMobi to Auction 15 Premium Names in March
- eBay and PayPal Officials in Talks for Possible Banking Move
- Board Opening Door to Names
User Comments (0)

RSS Feeds