BOSTON, MA – The Board of Directors of the Massachusetts School Building Authority (“MSBA”) voted to move Norton High School into the Schematic Design Phase. State Treasurer Steven Grossman, Chairman of the MSBA and Katherine Craven, MSBA Executive Director, made the announcement today. The Schematic Design phase is the next step towards potential funding. Now the Town of Norton will work in collaboration with the MSBA to produce detailed renderings of the potential addition and renovation project at Norton High School.
“This is a very exciting stage in the MSBA process. The schematic designs that will be produced will give us our first look at the improved Norton High School. They will help us narrow the scope and budget of the project so that we can be sure the final product is efficient, sustainable and affordable,” said State Treasurer Steven Grossman.
“The schematic designs that will be produced will give the MSBA and the Town of Norton a better idea of the potential budget for the proposed two-story addition and renovation at the high school,” stated Katherine Craven, Executive Director of the MSBA.
The MSBA is committed to finding the right-sized, most fiscally responsible and educationally appropriate solutions to create safe and sound learning environments. The MSBA is committed to protecting the taxpayer’s dollar by improving the school building grant process and avoiding the mistakes of the past in the funding and construction of school facilities. In its six year history, the MSBA has made more than $7.5 billion in reimbursements to cities, towns and regional school districts 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 in these difficult economic times.
