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Finance committee backs $8 million local authorization to advance Peabody Veterans Memorial High School feasibility
Summary
The Peabody City Council Finance Committee voted 5-0 to recommend a local vote authorizing $8,000,000 to enter the Massachusetts School Building Authority feasibility stage for a new Peabody Veterans Memorial High School; the authorization is needed to hire an owner's project manager, an architect and begin site work and the feasibility study.
The Peabody City Council Finance Committee voted 5-0 to recommend a local vote authorizing $8,000,000 in initial funding to enter the Massachusetts School Building Authority (MSBA) feasibility stage for a new Peabody Veterans Memorial High School.
The authorization is intended to fund the feasibility phase: hiring an owner's project manager, an architect/design team and early site work and studies required by the MSBA. Mayor Meyer told the committee the city was invited into the MSBA core program and must meet MSBA deliverables by an April submission deadline; he said the local vote authorization and a feasibility study agreement are required to remain in the MSBA process.
Why it matters: entering MSBA's feasibility stage is the next formal step toward either a new…
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