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Region 8 officials say deferred facilities needs mean bonding likely; timeline, costs still to be estimated
Summary
Regional School District 8 administrators told the board they are nearing the point where borrowing will be needed to pay for multiple end-of-life building systems and capital projects; the board discussed timelines, cost estimating and outreach but no bonding amount or referendum date was set.
Superintendent Colin McNamara told the Regional School District 8 Board of Education that the district is approaching the point where it likely must borrow to replace major building systems. “We really are not gonna have a choice other than than than bonding our projects and to to to, finance those projects,” McNamara said during the board’s facilities-and-finance discussion. The board and staff emphasized that no dollar amounts have been set. McNamara said the district is waiting to commission cost estimates before presenting any total to voters and warned that using outdated dollar figures could erode public trust. Board members and staff said several high‑cost systems are past or near manufacturer life expectancy,…
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