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Laconia council releases $2.7 million from school construction reserve to reimburse SAU 30
Summary
The Laconia City Council on June 9 approved releasing $2,700,000 from the city’s school construction capital reserve fund to reimburse SAU 30 for local costs on the Laconia High School construction project; the total project cost was reported as $10 million, mostly covered by federal funds.
The Laconia City Council voted June 9 to authorize the release of $2,700,000 from the city’s school construction capital reserve fund to reimburse SAU 30 for local expenses on the Laconia High School construction project.
City materials state the total project cost was $10,000,000 and that the “bulk of this was paid with federal funds,” with $2,700,000…
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