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Middletown board approves $45.645 million capital proposition for May 20 ballot
Summary
The board approved a capital project proposition authorizing up to $45,645,000 in improvements and a financing plan that includes capital reserves, unappropriated fund balance and a proposed bond issue; the resolution included a SEQRA determination.
The Enlarged City School District of Middletown board on Thursday approved a resolution authorizing a capital project proposition to appear on the district's May 20 ballot.
The resolution states the district is authorized to construct and reconstruct various buildings and facilities, including site work, athletic fields, playground improvements and original furnishings and equipment, at an aggregate maximum estimated cost of $45,645,000. The resolution lists planned funding of $8,462,662 from capital…
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