Once the move from the Memorial Library was completed in mid-summer 1970 and the building ready for use, there was a brief key-passing ceremony on the front steps of the building. Dr. L. H. Cragg received the keys from architect Dr. Bruce Brown. Dr. W. E. Hickey, President of Tantramar Contractors Ltd. also took part.
The largest ceremony was the official opening of the building which took place on 22 October 1970, once again on the front steps. Chancellor emeritus Dr. Bell spoke and paid tribute to his late wife, Marjorie Young Bell, whose gifts helped make the library construction possible. He also gave credit to president emeritus Dr. W. T. Ross Flemington for awakening Mrs. Bell's interest in Mount Allison.
W. E. Hickey, president of Tantramar Constractors turned the key over to architect Bruce Brown who in turn passed it to K. B. Palmer, chair of the Board of Regents, who turned it over to president L. H. Cragg. Dr. Cragg noted that the library had already become the intellectual heart of the university community and suggested that the name on the building represented "one to whom we owe so much and will make it possible for us to go on remembering." He also thanked the New Brunswick government for its participation in the capital expansion program of the university. Minister of Education Wendell W. Meldrum spoke and said that a library should be "a place for coolness - cool dissent, cool debate and cool thinking." He also made brief remarks on the contribution that Mount Allison was making to the Maritimes.
Dr. Bell's daughter Dorothy MacLaren unveiled a bust of her father which graces the main entrance of the Library. The plaque says: "This library is named in honor of Ralph Pickard Bell, OBE, BA, DCL, first chancellor 1960 - 1968, distinguished graduate, devoted worker and generous benefactor of this university".
Eleanor Magee, university librarian, issued the first books to Dr. Bell and Mr. Meldrum and made a speech where she outlined the planning process for the Library, and the objectives she felt all involved had met. Tours were conducted during the remainder of the day.