Chester-Upland to apply for $3.582 million Commonwealth Financing Authority grant for STEM academy work
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Summary
Board members were told the district will apply in March for $3,582,000 from the Commonwealth Financing Authority to fund STEM academy roof replacement and HVAC preparation; a board resolution signed by the secretary will be required for the application.
The Chester-Upland School District board was told on Feb. 19 that the district will submit an application in March to the Commonwealth Financing Authority for $3,582,000 to support improvements at the district's STEM academy.
A district representative said the requested funds would be used for roof replacement and work to prepare for a new HVAC system. Staff said the CFA process requires a board resolution signed by the board secretary as part of the application packet.
The representative said the application will be submitted by the March due date and that the district will follow CFA procedures; board members did not take a vote on the application at the Feb. 19 meeting and were told the matter will return with required paperwork.
Staff also flagged that expenses tied to Delaware County Intermediate Unit (DCIU) will be reviewed and voted on at next month's meeting, and that, if approved, a representative from the legal firm engaged under agenda item C7 would come to present to the board.
Next steps: staff said they will prepare and submit the CFA application in March and present the required resolution for board signature.