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Board rejects $18.7 million bond to secure $14.7 million in state funds for CTE/high school project; project put on hold
Summary
After extended discussion about cost and timing, the Contoocook Valley board voted 1-9 against placing an $18.7 million warrant article on the March ballot to capture $14.7 million in proposed state funding for a $33.4 million CTE/high school renovation.
The Contoocook Valley Regional School Board voted against including an $18.7 million bond article on the March ballot that the administration said was necessary to secure $14.7 million in state grant funding for a proposed CTE and high-school renovation project.
Board member Jim Stebond, who moved the motion, described three options the building committee had considered and presented a motion to include the warrant article for an $18,700,000 bond that would in turn secure an estimated $14,700,000 in state funding toward a project the architect had priced at about…
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