By Tracy Orzel
KENNEBUNK – Regional School Unit 21 was awarded just less than $1.8
million by Maine’s School Revolving Renovation Funds program. Thirty
percent of the funds will be in the form of a grant, while 70 percent
will be in the form of a 10-year, interest-free loan. RSU 21 submitted
eight applications, six of which scored among the top eight projects in
the state.
The Maine Department of Education released the rankings of 61 proposed projects last week.
According to the Maine Department of Education website, the School
Revolving Renovation Funds program, funded through the Maine Municipal
Bond Bank, was created in 1998 “to ensure that Maine students have a
safe, healthy, and appropriate learning environment.”
Districts are awarded funds based on their priority, the number-one
priority being health, safety and compliance issues such as roof
structural upgrades, indoor air quality, compliance with the Americans
with Disabilities Act and hazardous material abatement or removal. Loans
are capped at $1 million per project per school within a five year
period.
read more...
This blog is dedicated to posting news and information on key issues and opportunities which may have an effect on our way of life in Arundel, Maine
USA. The goal is to provide insight into key issues and opportunities while providing the community a knowledgebase for self directed education while creating a public forum for constructive comments and open sharing of ideas.
Please send ideas for topics to arundelmaine@roadrunner.com.
No comments:
Post a Comment