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Anchor Bay board authorizes up to $11 million energy bond, approves SentriX contract

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Summary

The Anchor Bay School District board voted to approve a not-to-exceed $11 million energy bond and to contract SentriX (Centrix/SentriX) to carry out energy-efficiency projects that officials said will be paid for largely by guaranteed utility savings.

The Anchor Bay School District Board of Education on June 25 approved a resolution to authorize energy bonds not to exceed $11 million and separately awarded a construction contract to SentriX to implement energy-efficiency projects across the district.

District finance staff and SentriX representatives told the board the projects — new lighting, boilers, chillers, kitchen metering, controls, pumps and other measures — are projected to cost about $12.2 million, of which roughly $6.1 million would be financed with the energy bond and about $5.8 million would be paid from bond proceeds already approved by voters. Todd Rathbun, presenting the plan, said the district expects about $438,000–$444,000 in combined annual utility and…

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