X

Madrid-Waddington School District residents to vote on $5 million project Tuesday

Posted 12/13/19

MADRID -- Madrid-Waddington Central School residents will head to the polls Tuesday, Dec. 17 to vote on a proposed $5 million capital project. Voting will take place in the school auditorium from 1 …

This item is available in full to subscribers.

Please log in to continue

Log in

Madrid-Waddington School District residents to vote on $5 million project Tuesday

Posted

MADRID -- Madrid-Waddington Central School residents will head to the polls Tuesday, Dec. 17 to vote on a proposed $5 million capital project.

Voting will take place in the school auditorium from 1 to 8 p.m.

The scope of the project includes areas of roof replacement, a high school cafeteria solarium and HVAC work, renovations to the guidance suite, entry door replacement, reconstruction of the boys' and girls' locker rooms, loading dock toilet room reconstruction, reconstruction of portions of the technology shop to allow for additional storage and a restroom/concession area with outside access.

It also includes flooring replacement in select portions of the building with some involving hazardous material abatement, basketball backboard framework replacement, auditorium theatrical lighting upgrades, emergency generator replacement, partial parking lot reconstruction, various areas of sidewalk reconstruction, field improvements for the varsity soccer, baseball, and softball fields, conversion of two of the tennis courts to alternate game play areas, and construction of a small pump house.

The cost of the project is $5,024,883 which will be partially offset by $560,000 from the district's capital reserve fund. The remaining $4,464,883 will be bonded and repaid over a 15-year period.

Most of the project, with the exception of the pump house, will be eligible for state aid reimbursement. The district's current ratio of aid for capital projects is 91.2%, which means less than 9% of the project cost will be funded by local tax effort.

One of the district's past projects is nearing full repayment and will be coming off the books prior to this new project’s repayment begins so this will result in a net-zero overall tax impact, a press release from the district said.