-Caveat Lector- <http://www.ardemgaz.com/today/ark/A_13xclintonsidew18.html> "The foundation will spend almost $1 million on a lakeside estate that belonged to the late Raymond Clinton, the former president's stepuncle, and turn the Victorian home into a meeting place for world leaders." Sunday, March 18, 2001 $200 million Clinton project goes far beyond library itself ELISA CROUCH ARKANSAS DEMOCRAT-GAZETTE Bill Clinton's presidential library will be the most expensive in history by far. Even after inflation adjustments, the $100 million facility makes the other 11 presidential libraries look, well, frugal. In January, Clinton announced his presidential library project would be a whopping $200 million investment. The figure is a long-range goal. All the money doesn't have to (and likely won't) be raised by the time the library is built in 2003 or 2004, said Skip Rutherford, president of the library foundation. Either way, the project, in constant dollars, is expected to outspend every other one since Franklin Roosevelt dedicated his facility in 1940. Presidential libraries range from the modest Harry S. Truman Museum and Library in Independence, Mo., to Lyndon Johnson's grandiose facility in Austin, Texas. Half of the $200 million would cover the library's construction costs. The general contractor and the New York architectural firm Polshek Partnership are working toward a specific figure. Rutherford predicts the $100 million price could increase once an estimate for museum exhibits arrives. Only Johnson's presidential library comes close to the Clinton project in constant dollars. The $18 million spent on the facility in 1971 would amount to $78.4 million today. Those costs were paid by the oil-rich University of Texas. Despite its name, the Clinton library won't be a library in the traditional sense. It will house thousands of papers and items of memorabilia Clinton collected during his eight years in office. Historians will pore over documents in a climate-controlled wing. The general public will walk through a glass-enclosed museum to learn about Clinton's administration and the 1990s. If the Clinton library follows the lead of its predecessors, it will display names of its top contributors in a prominent place, with their permission. Richard Nixon's has them in gold leaf; Truman's has a donor board; Bush's are engraved on a wall inside the library entrance and on bricks lining outdoor walkways. Like other presidential libraries, Clinton's is expected to draw speakers from around the world for lectures and seminars. On the top floor, a 5,000-square-foot penthouse will give Clinton a place to stay while in Little Rock. So why raise $200 million? The Clinton library entails costs beyond the building itself, including several other multimillion-dollar projects. Because a 1986 law limits the amount the federal government may spend on presidential libraries, their maintenance endowments must equal 20 percent of their construction costs. The George Bush Presidential Library and Museum was the first to fall under this rule. So if it takes $100 million to build the Clinton library, it would take another $20 million to endow it. Other costs include: $5 million to renovate the rust-encrusted Rock Island Bridge stretching from the library site across the Arkansas River. Little Rock's contribution to the work is $1 million. The bridge will become a pedestrian walkway connecting the library to a planned nature center in North Little Rock and will be part of a 14-mile bicycle trail system that extends upriver to Murray Lock and Dam. $5 million to $10 million to landscape the Clinton Presidential Park surrounding the library. Rutherford said he has no solid estimates from landscapers. A multimillion-dollar retreat planned for Hot Springs. The foundation will spend almost $1 million on a lakeside estate that belonged to the late Raymond Clinton, the former president's stepuncle, and turn the Victorian home into a meeting place for world leaders. The foundation has yet to close that sale. The Little Rock architectural firm of Polk Stanley Yeary is expected to present design plans to the Hot Springs Planning and Development board within weeks. Total estimates for the project have not been announced. If the foundation reaches $200 million, it could avoid shaking the money tree for future work, such as revamping exhibits and paying increased programming costs. Recently, the Truman library spent $10 million on structural renovations and new exhibits. Another $12.5 million is budgeted for work expected to continue through next year. "It sounds like a lot," said Scott Roley, acting director of the Truman library, "but it's not. We're finding out how expensive these things are." 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