Tuesday, May 15, 2012

Board Holds Special Meeting to Consider Bond Proposal for Capital Projects

The Bronxville Board of Education has called for a special meeting on Thursday, May 24 to review its Capital Plan and consider a bond proposal to go before voters this coming fall.  The meeting, open to the public, will be held at 7 PM in the School's multi-purpose room.  The Board will hear presentations by Superintendent David Quattrone, architect Russ Davidson of KG&D, and Dan Carlin, Assistant Superintendent for Business.  The presentation will address issues of project history, educational need, cost, schedule, and tax implications.

Private contributions have played a key role in moving this plan forward.  In April the Bronxville School Foundation made a grant of $850,000 for the auditorium renovation.  In early May, the PTA added $400,000 and is also expected to contribute about $450,000 that was raised at its benefit, "Staging Our Future." A third effort, "The Final Act," is currently underway, with the target of raising a total of $3 million in private contributions.  The Board of Education expressed an interest in creating a public/private partnership for the capital plan as a fiscally prudent way to respond to economic realities, and the Foundation, the PTA, and individual residents have responded accordingly.  The concept of this partnership is to augment basic renovation work funded by the district with features that add significant value to current and future students.  The total cost of the plan is estimated at $10 million (including the private contributions).

The District has created a webpage dedicated to information about this project. Schematic designs, budgets, presentations, and debt service trends can be found there.  Further information will be added as it becomes available.