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Region 4 Building Project Nears Official Close

By Marianne Sullivan, Courier Senior Staff Writer:

 

    The $41 million renovation and addition project at Valley Regional High School and John Winthrop Middle School is just months away from officially closing, a decade after it began.

    The Region 4 Building Committee, which oversaw the multi-phased, multi-year, multimillion dollar construction project at both schools, met in late September. It did a final accounting of the building project and made final payments, all in preparation for the project close-out through the state Department of Education and its Bureau of School Facilities.

    Superintendent of Schools Kim Caron explained, “Procedurally, the building committee must determine the project to be completed and then recommend to the Board of Education that it be accepted as complete. Those steps have been done.

    “In January, it is expected that the Region 4 board will accept the building committee’s recommendation, accept the project as complete and dissolve the building committee,” he continued. “All the paperwork then goes to the state, to the Bureau of School Facilities, which will then conduct a final audit.”

    Once the state’s audit is complete, the district will receive its final reimbursement on the project. With the reimbursement in hand, the district will bond for the remaining costs.

    The districtwide referendum a decade ago approved renovations and additions to the two regional schools with a bond authorization of $41.86 million. The project has come in within budget. Reimbursement from the state is estimated to total $14.61 million, which leaves the three towns in the district with a total cost of $27.25 million.

    The district’s business manager, Garth Sawyer, said the district bonded $10.25 million of its costs in 2002 and another $15 million in 2004. The district expects to bond one final time for approximately $2.5 million. The exact figure will not be known until the state’s audit and last reimbursement determination.

    Caron said the closing out of the project and the last bond needed will have no impact on the upcoming 2009-2010 fiscal year budgets for the town.

    “We expect the last bond issue will impact the 2010-2011 fiscal year and we will work closely with the towns, the selectmen and the boards of finance to lessen the budget impact in any way we can,” he said.

    The superintendent said approximately a year and a half ago school officials, building committee members, selectmen, and town finance directors “looked at the building project as a whole” and determined that it qualified for additional state funding.

    “In a collaborative effort, we applied for and received an additional $3 million,” he explained, bringing the total reimbursement to approximately $14,650,000.

    “This building project has also come in on budget. This was a long project but certainly a worthwhile one. We have exceptional educational buildings now and they were finished within the amount authorized,” Caron added.

    At its Jan. 8 meeting, the Region 4 school board is expected to accept the building committee project as complete and dissolve the building committee. The paperwork will be sent to the state Bureau of School Facilities and that group is expected to complete a project audit within six months. The last state reimbursement will follow of few months later.

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