Voters Approve Additional $5.8 Million for Bancroft School Construction
Andover Special Town Meeting voters approved $5.8 million to fund the further construction of the Bancroft Elementary School.
With the Bancroft Elementary School now 25 percent complete, Special Town Meeting Monday night gave the green light for spending $5.8 million more on the $44.6 million school project. The town needed more funding for the school project in order to cover unanticipated legal fees as well as higher than anticipated costs for certain stages of construction. The Town is receiving $16.7 million from the Massachusetts School Building Authority for the project in the form of a grant. Largely being funded through a debt exclusion, the $5.8 million approved Monday night should increase the average residential taxpayer's bill by $24, with the entire school project costing a $181 increase in the average residential taxpayer's bill. Several residents …
In this Article:
Christopher R. Cook
10:31 pm on Monday, February 11, 2013
happy with the vote...but in all seriousness...does it bother any residents that around 300 or so people just decided the fate of a town of over 30K this form of gov sometimes makes me question its effectiveness and to the person who wanted to delay it why would you want to add another possible 2 million in construction costs by delaying it again what else did you expect to happen between now and… more ›