MSBA Announces $286,000 Approval for Upgrades to Seach Primary School in Weymouth

October 3, 2012

The MSBA Board approved the schematic design

State Treasurer Steven Grossman, Chairman of the Massachusetts School Building Authority (“MSBA”), and Jack McCarthy, MSBA Executive Director, today announced that the MSBA Board voted to approve the schematic design and funding for a boiler replacement project at the William Seach Primary School in Weymouth. The District is eligible to receive reimbursement from the MSBA for 54.16% of eligible expenses with a maximum Total Facilities Grant for the project of $286,053.

“Listening to the needs of a community and developing projects to meet those needs are priorities at the MSBA, and the William Seach Primary School project is a case study in achieving that goal,” said Treasurer Grossman.  “Thanks to our collaborative work with local officials, we are extending the life of this school and maximizing the effective use of taxpayer dollars.”

The project will consist of replacing the two existing boilers, which have exceeded their operational life, with three new condensing boilers. One of the next steps is for the District and the MSBA to enter into a Project Funding Agreement, which will detail the project’s scope and budget and set forth the terms and conditions under which the District will receive its grant from the MSBA. The Seach Primary School was built in 1959 and serves 359 students from Kindergarten through grade 4.

“This project will extend the working life of Seach Primary School,” stated Executive Director McCarthy. “Replacing the boiler system will help the District continue to deliver its educational program at the Seach Primary School and provide energy efficiencies.”

The MSBA partners with Massachusetts communities to support the design and construction of educationally-appropriate, flexible, sustainable, and cost-effective public school facilities. Since its inception, the Authority has made $9 billion in reimbursements for school construction projects. These timely payments have saved municipalities over $2.9 billion in avoided local interest costs and have provided much needed cash flow to communities.