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Seymour board approves borrowing resolution for new Bunge Elementary; town share estimated near $20 million
Summary
The Board of Selectmen approved a resolution to borrow up to $60 million for a new Bunge Elementary School; members said the town’s net cost after reimbursements is expected to be about $20 million and scheduled a special town meeting and referendum this fall.
The Board of Selectmen on May 20 approved a resolution to authorize borrowing for a new Bunge Elementary School on Bunge Road, with an appropriation figure presented to voters of $60,000,000. The vote to move the resolution passed unanimously.
Board members spent much of the discussion clarifying how the $60 million appropriation relates to the town’s estimated out‑of‑pocket cost. “We need to…
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