(Beaver Dam) The Beaver School Board this week approved borrowing $5-million dollars as part of their five-year facility plan. In July, the board adopted the plan totaling over $12-million dollars – at all buildings except the high school – that includes taking on new debt without going to referendum.
Director of Business Services Anne-Marie Malkovich says the money will be divided between infrastructure projects at Jefferson as well as Washington and Lincoln Elementary. She says the district is planning on using the money to build a small addition onto Jefferson to help accommodate students from South Beaver Dam which will be closing at the end of the year.
Work at Jefferson is slated for the summer of 2020 while Washington and Lincoln will be addressed the following year. Malkovich says district-wide roofing projects will also be underway during that time. She adds that the construction timeline is not set yet and the schedule could change. The board also approved hiring two firms they will partner with over the course of the five-year facility plan. Malkovich says Plunkett Raysich Architects will handle any architectural needs while CG Schmidt will serve as their construction management partner.
A public hearing on the borrowing will be on September 30 while the bond will go up for sale on October 14.