Libraries will benefit from building sale

San Diego\’s First National Bank Building, the city\’s first high-rise office building built in 1909, will be sold to a private developer and all the proceeds will go to the branch libraries. The Stephen and Mary Birch Foundation, the philanthropic organization which last owned the building, donated it to the city with the proviso that any money made from its sale had to go to improving San Diego\’s libraries reports this little story from Sign On San Diego.