Salisbury Press

Tuesday, January 21, 2020


Wednesday, November 28, 2012 by DEBBIE GALBRAITH in Local News

Refinance of bonds; district project list reviewed

At the Nov. 12 operations committee meeting for the Salisbury Township School District, members heard a presentation from Scott Shearer, of Public Financial Management, Inc., on the refinancing of a 2008 bond. The committee gave Shearer permission to move forward with the refinance which will save the district $157,000 in the 2013-2014 school year and $45,000 in 2015. The full financial team will be present at the Dec. 5 regular school board meeting to discuss the refinance.

Director of Building and Grounds William Brackett provided the committee with an updated detailed district master plan recommendation noting projects listed by building and priority. The list included items already completed, deleted items and projects still waiting to be completed.

The committee discussed the tennis courts at Salisbury Middle School. Brackett said the courts are not playable for competition. Although not unsafe, they cause a different bounce on the ball and are estimated to cost a minimum of $150,000 per court to repair.

Hurricane Sandy again proved the need for two generators at the administration building where the telephone and Internet servers are housed. Although the system has a UPS which keeps power for up to five minues to shut down the equipment properly, the latest storm kept the Internet and telephones down for four days. Last year with the Halloween storm, the building was without power for three days.

Brackett was advised to compile a district priority list to be discussed at a future meeting.