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Waco ISD approves pursuit of $5.5M SECO LoanSTAR package to upgrade HVAC, lighting and windows
Summary
The Waco Independent School Board voted unanimously to proceed with a State Energy Conservation Office (SECO) LoanSTAR loan application to fund mechanical, electrical and plumbing upgrades across multiple campuses; preliminary figures show a roughly $5.5 million loan at 2.5% interest and estimated annual energy savings of about $500,000.
WACO, Texas — The Waco Independent School Board voted unanimously to proceed with a SECO LoanSTAR loan application to fund districtwide mechanical, electrical and plumbing (MEP) improvements intended to reduce energy and water costs.
The board’s vote on a motion to “approve to proceed with the SECO Lone Star program to improve the mechanical, electrical, and plumbing systems across multiple campuses” followed a presentation from district consultants and engineers outlining the program, timetable and projected savings.
Board President Stephanie Cordeweg called for the motion; Trustee Keith Guillory moved to advance the application and Trustee Jeremy Davis seconded. The motion passed with all trustees voting in favor.
District and consultant presenters said SECO granted preliminary acceptance of the district’s application and that the proposal in the preliminary energy audit is for a $5,500,000 loan at…
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