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<br />CTLS Guaranteed Loan Program <br />for <br />TexShare Card Program Participants <br /> <br />Ellcouraging resource sharing in celltral Texas libraries <br />September 2000 <br /> <br />The Advisory Council of the Central Texas Library System has adopted the <br />Guaranteed Loan Program to promote resource sharing by CTLS libraries. The <br />Guaranteed Loan Program will reimburse CTLS libraries pm1icipating in the <br />TexShare Card Program for any lost or damaged materials loaned to patrons of other <br />TexShare Card libraries. <br /> <br />Program Outline <br />1) After the member library makes a good faith effort to get the patron to pay for <br />lost or damaged items, the lending library may bill CTLS for the costs associated <br />with replacing the item. <br />2) Allowable charges include replacement cost of the item plus all usual and <br />cllstomary fees for lost or damaged materials. <br />3) CTLS will pay these charges with unexpended Collection Development program <br />funds, using the method ofpaymellt preferred by the lending library. <br />4) This program covers materials loaned to patrons of both nOll-member and <br />member libraries participating in the TexShare Card Program. <br />5) No limitation will be set on reimbursements for lost materials during the first <br />tvvo years of the program. Limitations on reimbursements may be set in the third <br />year iflosses warrant. <br /> <br />Need for this Program <br />Libraries may be reluctant to risk participation in the TexShare Card Program for fear <br />of losing materials. Guaranteeing reimbursement would promote resource sharing <br />alllong member and non-member libraries by removing a significant psychological <br />barrier to the free flow of materials across institutional boundaries. <br />This role is consistent with the mission statement, vision, and goals of CTLS. By <br />serving as the insurer of lost materials the System acts on a fundamental principle in <br />its mission statement: encouraging cooperation among libraries. <br /> <br />A tIol'ted by tile CTLS Advisor). Coullcil <br />Sl'ptl'mb,'r 8. 2000 <br />