OE
The second half of the sentence contrasts the art treasures actually housed in the Sloane Matthew Library with city residents’ perceptions of the institution. The semicolon that separates the frst half of the sentence from the second half suggests that this contrast explains the assertion made in the frst half. Te blank, then, calls for a word that indicates the disparity between the public’s image of the library and its actual contents. “Misleading” does this, suggesting that it is the name of the institution that leads residents to view it as a runof-the-mill library rather than an art museum. “Revered,” “elevated,” and even “intriguing” would all suggest that the public sees the library as an extraordinary institution. “Proposed” suggests that the institution is still in the process of being named, an idea not supported by anything else in the sentence.
Thus the correct answer is misleading (Choice C).