Concord School Board expected to vote on $8.6M bonds Monday
On Monday, the Concord School Board is expected to vote on the issuance of up to $8.6 million in bonds for major capital projects.
The public hearing is scheduled for 5:30 p.m. in the high school library on Warren Street. If the plan – which was unanimously approved by the district’s capital facilities committee – is approved, work would begin in 2015 and end by 2024. The work would be completed at the district’s four older schools: Concord High, Broken Ground, Beaver Meadow and Rundlett Middle schools.
The breakdown of work includes $1 million at Beaver Meadow, almost $1.2 million at Broken Ground, $2.9 million at Rundlett and almost $2.5 million at Concord High. All of the projects were identified in the district’s long-term capital plan.
“We’re doing what we need to do to help maintain integrity and keep everything safe and operating functionally,” said Matt Cashman, director of facilities. Cashman led a tour yesterday morning of Beaver Meadow and Broken Ground, highlighting some of the work included in the capital plan. “There are some areas we can’t neglect. We need to get as much as we possibly can out of the money we have,” he said.
Most of the big-ticket items, including HVAC systems at the schools, are simply the result of the end of their useful life after years of use, said Cashman. “We’re not just going to get something out whether it’s working or not,” he said. “We want to extend the maximum life of all the systems we have.”
Work at the schools
∎ Beaver Meadow School: Slightly more than $1 million in work would include $313,500 to replace seven HVAC air handlers over a seven-year period and $260,000 for new parking lots and sidewalks on the property. The pavement and sidewalks were installed when the school was built in 1986. Cracking and chipped concrete have contributed to drainage and washout issues at the school.
∎ Broken Ground School: Almost $1.2 million in projects would include about $554,000 to replace 12 HVAC air handlers on the roof. Original windows installed in 1973 would also be replaced for $165,000.
∎ Rundlett Middle School: $2.9 million would include, among other projects, $694,750 to replace four bathrooms and staff bathrooms and $1 million to replace seven of the building’s 14 roof systems. The roofs have an expected 20- to 25-year life span and were installed between 1989 and 1991.
∎ Concord High School: Almost $2.5 million, which would include $665,000 for HVAC air handler units and $310,500 to replace 103,000 square feet of flooring, including the gym floor. The bond would include $540,000 for roof replacement.
By the dollars
The school board on Monday will vote on the issuance of up to $8.6 million in bonds for major capital projects. Here’s a look at the project by the numbers:
∎ $7.6 million: Of the total bonded amount, this would be used for capital improvements at the high school, Rundlett Middle School, and Broken Ground and Beaver Meadow elementary schools.
∎ $1 million: The remaining bonded amount would be used to buy six full buses and eight short buses to replace buses reaching the end of their useful life.
∎ $52.7 million: The district’s existing principal debt, mostly related to the school consolidation program. Debt related to the school consolidation program will expire in 2041.
∎ $275: The amount a taxpayer with a house assessed at $250,000 pays annually toward the district’s debt service.
(Iain Wilson can be reached at 369-3313 or email@example.com or on Twitter@iainwilsoncm.)