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Conestoga Valley school board to vote in June on financing up to $21M for elementary renovations


//business-finance.news-articles.net/content/202 .. ancing-up-to-21m-for-elementary-renovations.html
Published in Business and Finance on by LancasterOnline   Print publication without navigation

When: Conestoga Valley school board meeting, May 19. Board member Philip Eby was absent.

The Conestoga Valley School Board is set to vote in June on a proposal to finance up to $21 million for the construction of a new elementary school, which is part of a larger $117 million project that also includes renovations at two other elementary schools. The financing plan involves issuing bonds, with the total cost expected to be between $19 million and $21 million, depending on interest rates. The new school, to be built on the Gerald G. Huesken Middle School campus, aims to address overcrowding and is expected to open in the 2025-26 school year. The project has been in planning since 2019, and the district has already secured $96 million through a bond issue in 2021, with the remaining funds to be raised through this new bond issuance.

Read the Full LancasterOnline Article at:
[ https://lancasteronline.com/news/regional/conestoga-valley-school-board-to-vote-in-june-on-financing-up-to-21m-for-elementary/article_5ade8085-5d81-4a9d-b35d-f2b55133b95e.html ]

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