OSWEGO — Board of education leaders of the Oswego City School District unanimously approved a capital project of more than $60 million Thursday, and also scheduled a public vote on the matter for early March.
“I’m super excited for this project,” board President Aimee Callen said. “This is such a great opportunity for the community and students and it’s needed and will benefit everybody.”
The capital project’s estimated cost will be $60,180,000, and will focus on upgrading the seven district schools. The predicted timeframe for what the district would be fiscally bonding for is 15 years, with the authorization of issuance of up to $56,180,000 serial bonds of the district.