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Financing for Lurgan school is approved

June 10, 2004|by DON AINES

CHAMBERSBURG, PA.

chambersburg@herald-mail.com

Financing for a $2.3 million performance contract to improve energy efficiency at Lurgan Elementary School was approved Wednesday night by the Chambersburg School Board.

The board approved a loan through Waypoint Bank of Chambersburg at 3.63 percent over about six years. For the first five years of the loan, the district will pay the equivalent of .9 mills in debt service. That drops to .38 mills in the final year, Business Manager Rick Vensel said.

One mill in real estate taxes is projected to generate about $530,000 in the 2004-05 school year. Vensel said the first year's payment has been figured into the preliminary budget, which is scheduled for final approval Wednesday.

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Located near Roxbury, Pa., in Lurgan Township, the school has approximately 175 students in kindergarten through fifth grade. The school, which was built in the 1950s and renovated and expanded in the late 1960s, is scheduled to receive air conditioning, a new heating system and energy-efficient windows, Vensel said.

Work is expected to be completed by the opening of school on Aug. 30, he said.

The board approved one change to the project Wednesday. Chevron Energy Solutions asked for an additional $39,900 for the removal of asbestos from the outside window caulking.

Richard Bender, the district's building and grounds director, said asbestos removal became an issue after the board decided to include replacement of the windows in the contract.

The performance contract is similar to one completed at Chambersburg Area Senior High School last year, but on a smaller scale.

Lurgan Elementary could have another 85 or so students when school opens.

In May, the board held a public hearing as part of the process required to close Letterkenny Elementary School. At the hearing, school officials said Lurgan is large enough to accommodate the extra students without being expanded.

The School Board vote on whether to close Letterkenny is scheduled for Aug. 11, about three weeks before school is scheduled to open.

The Letterkenny Parent Teacher Organization has invited the School Board to a meeting at the school at 7 p.m. Monday to discuss its possible closing, Vensel said.

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