PLATTSBURGH The Plattsburgh City School District has scheduled a public hearing to discuss its proposed multi-million-dollar capital project.

The session is scheduled for 7:30 p.m. Thursday, Aug. 7, in the Duken Building, 49 Broad St.

$9 MILLION-PLUS IN BONDS

At a recent meeting, the School Board adopted a resolution to seek voter approval for the $9,094,826 project and issue serial bonds in that amount.

The bonds would be amortized over 15 years and would not be first due until 2017, according to City School Superintendent James Jake Short.

The proposed work would address pressing maintenance needs, he said, including the emergency repair and replacement of the High School roof, as well as other areas of concern recently identified by Mosaic Associates Architects in the districts state-mandated building-conditions survey.

LOW LOCAL COST

All project features are state aidable at a rate of 78.1 percent, Short said at the meeting.

The school also has $367,347 in state EXCEL aid to put toward the improvements.

All of those then eventually offset the local share, Short said.

See the original post here:
Plattsburgh City School preps for project vote

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