Assembly Appropriates $23 million to Schools

Posted: December 3, 2013 at 5:55 am

At tonight’s meeting of the Kenai Peninsula Borough Assembly, a public hearing is scheduled for the appropriation of $23 million in education capital improvements.

 

The General Obligation bonds were approved by voters during the October 1 municipal election. Borough Mayor Mike Navarre explains the funds will help replace and repair roofs…

 

KPB. Mayor Navarre: “We have almost a billion dollars in assets in our school facilities, it’s almost 1.9 million square feet of roof space, and it just requires maintenance over time. What we get for this is we get a 20-year guarantee on the roofs that we’re replacing, we get increased insulation value, because some of the roofing material and insulation’s become saturation. It’ll result in less maintenance for some of the schools.”

 

There are also funds for a new field at Homer High.

 

Tonight’s meeting starts at 6pm at the Assembly Chambers in Soldotna. View their full agenda here.

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