Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Akron leaders discuss funding shortfall, legal steps for Miller South–Piper Kenmore project
Summary
City and school officials met June 6 to review financing options for the Miller South–Piper project at the Kenmore site, including use of LFI funds, pending arbitrage calculations and a likely amendment to the Community Learning Centers agreement.
City and school officials on June 6 discussed options to cover rising costs for the proposed Miller South–Piper school project at the Kenmore site, saying legal work and an arbitrage calculation are needed before a final funding decision.
Mayor Malik, speaking for the city administration, told the joint board the city’s law department believes "we would need an amendment to the agreement to facilitate any future project using these funds," referring to the Community Learning Centers (CLC) agreement tied to the local LFI funds. He added the money could be used for projects "that could be deemed community learning centers," but that the current agreement assumes state-funded school construction and therefore may not cover projects with no state share.
Dr. Thompson, representing Akron Public Schools administration, told the panel that cost estimates have risen since architects last produced numbers three years ago. "Three years ago, it was…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
