HAGERSTOWN - The Hagerstown City Council supports a funding plan for the Barbara Ingram School for the Arts that would have students enrolled as early as 2008, Councilman Lewis C. Metzner said.
"I'm not sure how much more we can say about the support of this body for this project," he said. "Yes. Whatever we can do to help out with this project ... it has to be done."
The council met with the Washington County Board of Education on Tuesday to discuss the funding partnership with the Maryland Economic Development Corp. The plan, approved by the board during a March 20 business meeting, calls in part for MEDCO to finance the $9 million project with bonds that the school system would pay back at a 5 percent interest rate.
A MEDCO partnership will require the City of Hagerstown, which owns the former Henry's Theater on South Potomac Street, to lease the facility to a local nonprofit corporation that would serve as the facility owner/lessor, officials have said. Board members have mentioned a possible partnership with the Community Foundation of Washington County.