Treasurer Grossman and the MSBA Help Cut the Ribbon at Avery Elementary School in Dedham

April 12, 2012

State Treasurer and Receiver General Steven Grossman, Chairman of the Massachusetts School Building Authority (MSBA), and Jack McCarthy, Executive Director of the MSBA, joined with state and local leaders in Dedham to cut the ribbon at the new Avery Elementary School.

The new three-story school features a state of the art technology center, media center/library, cafeteria, gymnasium, and dedicated music and art rooms.  The MSBA’s estimated Total Facilities Grant amount for this project is $10,778,452.  

Treasurer Grossman cited the event as an example of the MSBA’s ongoing collaboration with Massachusetts school districts.  “This morning really is about leadership,” Treasurer Grossman said.  “This project happened because of a leadership team -- parents, educators and state and local officials -- that has come together again and again."

“The MSBA is delighted to take part in the construction of the new Avery School,” said Executive Director McCarthy.  “This partnership between the MSBA and Dedham results in the replacement of an out-of-date facility with a completely up-to-date 21st century learning environment for the children in this district.”

Dedham School Building Rehabilitation Committee Chairman Michael Butler stressed the importance of the MSBA’s collaboration with the district to the success of the Avery School project.  “Our thanks go out to Treasurer Steve Grossman and MSBA Executive Director Jack McCarthy,” Chairman Butler stated.  “The beneficial effect of this project on the whole community cannot be overstated.”

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 creation, the MSBA made more than $8.6 billion in payments to Massachusetts school districts.  These timely payments made by the MSBA to cities, towns, and regional school districts for school construction projects have saved municipalities over $2.9 billion in avoided local interest costs and have provided much needed cash flow to communities.