Wednesday, October 31, 2007

Durham voters to act on funding new school

Sun Journal, October 30, 2007

(excerpt) Besides acting on the state referendum election on Nov. 6, residents here will be asked to issue bonds or notes not to exceed $22,388,247 to build a new $23,786,405 elementary school, of which the state will pay $21,609,709.

Residents will also be asked to spend $778,538 in local tax dollars for a larger gymnasium, as the state will only fund a gym that would be 25 percent smaller than the existing facility. A high-performance schools grant up to $120,000 will also go toward the cost.

In two companion questions, residents will be asked to spend another $628,290 more in local tax dollars for a pitched roof the state will not pay for; plus $769,868, also in local tax dollars, for a state-of-the-art geothermal heating and cooling system using groundwater. The state will pay $246,025 toward the cost of the $1,015,893 system.

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