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Mercer County board approves elementary construction contracts and authorizes $33.64 million bond issuance
Summary
The Mercer County Board of Education approved construction contracts and related services for a new elementary school project, authorized a construction fund bank account, and authorized the Mercer County School District Finance Corporation to issue $33,640,000 in revenue bonds to fund the project.
The Mercer County Board of Education on a voice and roll-call series of votes approved a package of contracts and funding steps to advance a new elementary school project and related work, and the board authorized the Mercer County School District Finance Corporation to issue revenue bonds with a principal amount of $33,640,000.
Board members voted to award construction contracts for the elementary project (base bid plus alternates 2–8) and approved associated direct purchase orders, subject to contract changes by board council. Construction consulting and services approved included commissioning to ZH Commissioning in the amount of $42,920 and testing and balancing with an…
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