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instead balances the expenditure figure with a like amount on the revenue side.
“At this time, the Board of Supervisors has not decided what they’re going to build,” noted chairman Beverly Massie. “Several of the supervisors are very adamant in hoping it will be brick and mortar so we hpve to make our literary loan application for the maximum amount.”
Construction costa for a r. brickand mortar expansion as opposed "to pre-engineered metal will be $1,303,777, according to Estabrook. The higher figure naturally boosts the architect fees that must be included in the 1984-85 school budget, he pointed out. Instead of $53,534, the necessary appropriation is $83,442, eighty percent of the total $104,302 which will be due the architects for a brick and mortar design. “But the increase won’t inflate the 1984-85 school budget because it will be balanced by incoming revenue from the literary loan,” E 8 tab rook emphasized.
Whether with a pre-engineered metal gymnasium or brick and mortar construction, the building project can still be spread over a two year period the superintendent said.
He re-emphasized that applying for the 20 year five percent interest loan entails no commitment to proceed with the construction project; it only guarantees that,
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