MSBA Funds $25 Million Add/Reno Project at Monument Mountain Regional High School in Berkshire Hills Regional

July 31, 2013

State Treasurer Steven Grossman, Chairman of the Massachusetts School Building Authority (“MSBA”), and MSBA Executive Director Jack McCarthy today announced that the MSBA Board of Directors voted to approve a grant of up to $25 million for additions and renovations at Monument Mountain Regional High School.  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, along with the conditions under which the District will receive its MSBA grant. The MSBA will contribute 48.52% of eligible costs toward this project, for a total grant of up to $25,150,823.

“This is a down payment on the academic excellence of students in the Berkshire Hills Regional School District,” said Treasurer Grossman.  “Upon completion, these renovations will provide a modern learning environment and create the space needed to deliver on the school district’s educational commitments and goals.”

The 137,380 square-foot project will consist of repairs to major building systems including mechanical, fire protection and windows in the school, which was built in 1968. A one-story addition primarily for science labs and the agricultural program will also be constructed. Monument Mountain Regional High School serves 570 students in grades 9 through 12.

“It’s really great when we can extend the useful life of these buildings,” stated Executive Director McCarthy.  “Students at Monument Mountain Regional High School will soon have a beautiful new space which will undoubtedly enhance and improve their ability to excel in the classroom.”

The MSBA partners with Massachusetts communities to support the design and construction of educationally-appropriate, sustainable and cost-effective public school facilities. Since its creation, the MSBA has made more than $9.9 billion in timely payments to cities, towns and regional school districts for school construction projects. These reimbursements have saved municipalities over $2.9 billion in avoided local interest costs and have provided much needed cash flow to communities.