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Board hears revised capital budget; pool cost estimate rises, A&E funding requested
Summary
At a Board of Education retreat staff previewed a revised capital-improvement plan that shifts $30 million for a new aquatic facility into later years and asks for $4 million now to pay architect and engineering (A&E) work. Officials also noted a near-term need for geothermal/chiller rental funds.
Greenwich Board of Education staff presented a revised capital budget at a retreat, saying designers now estimate a new aquatic center will cost far more than the $30 million placeholder on the district's draft. The staff recommended seeking $4 million now to fund architect and engineering work and pushing the larger construction appropriation into later fiscal years.
The district's capital team told the board the feasibility committee's early square-foot estimate for the pool was $30 million, but a professional estimator's more detailed review produced a current range of about $49 million…
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