Breaking News Bar
posted: 2/8/2014 8:00 AM

Stevenson High School officials planning for $25 million loan

hello
Success - Article sent! close
  • Jim Conrey

      Jim Conrey

 
 

Stevenson High School officials on Monday are expected to approve a $25 million loan for building improvements over the next three years.

The cash would pay for $11.7 million in improvements planned for this summer, as well as unspecified projects in 2015 and 2016.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

Approval is all but assured because trustees formally announced their intent to borrow the money in December.

Despite its size, the loan will not result in a tax-rate increase for property owners, officials at the Lincolnshire school have said. Rather, the school's existing debt will be extended five years, said Mark Michelini, the district's assistant superintendent for business.

Officials initially proposed a $9.7 million renovation plan for this summer. The projected costs of some efforts have increased, Stevenson spokesman Jim Conrey said.

Additionally, some tasks initially planned for this summer have been deferred until 2015, Conrey said.

The projects now planned for this summer include:

• A $2.3 million renovation of the science and math labs in the east building.

• A $1.1 million renovation of the west building's fine arts classrooms.

• The continued implementation of a keyless entry security system, which will cost $1 million.

• Renovation of the band room in the west building, which could cost $140,000.

• Carpet replacement, which could cost $120,000.

Additionally, the school board will discuss plans to update Stevenson's website.

The district now has separate designs for a traditional computer website and the site that is viewed on mobile devices.

The goal is to have a single system that can be easily navigated by people using either type of device.

"In effect, we will be merging our website and mobile website into one," Conrey said.

Final action on the contract is expected in March, he said.

Monday's meeting is set for 7:30 p.m. at the administration center, which is behind the school near the football field.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
    help here