Groundbreaking Held For New LHS Gym; City Offering More Financial Help
By Mike Perleberg
(Lawrenceburg, Ind.) – Expect to see the dust begin flying and bricks to start falling soon at Lawrenceburg High School.
School corporation leaders and architects participated Monday in a brief groundbreaking ceremony for the high school gymnasium replacement project.
The new gymnasium is being engineered by Lancer + Beebe, RQAW, and Land Consultants. Bruns-Gutzwiller Construction is the construction manager.
Lawrenceburg Community Schools Superintendent Karl Galey says the $13.9 million project is being financed with help from the City of Lawrenceburg. Before the LCSC Board of School Trustees approved the project last December, the city had already committed a $4 million grant.
The school district had planned to bond the rest of the project costs, but Galey said Monday that the City of Lawrenceburg has stepped forward again. This time, the city’s loan committee has agreed to offer an $8.99 million, 10-year low-interest loan.
“If we were to bond it and it was going to be approximately 3.5 to four percent interest on those bonds versus one percent (for the city’s loan), the projections are that it could be a savings as high as a million dollars for taxpayers,” Galey said.
Galey said the district is thankful for the city’s assistance. He added that the loan has only received tentative approval from the loan committee, while loan documents are finalized, possibly as soon as April 7.
Also Monday, the LCSC Board of School Trustees voted 6-0 to award bids to six of 12 contractors for the project. The board was also unanimous in its decision to put the other six contracts out for rebid.
Meanwhile, folks should see the demolition of the old high school gym demolished in the next few weeks.
The school’s maintenance manager said Monday that much of the useful equipment in the high school gym – such as backboards, lighting, and bleachers – has been relocated to either Greendale Middle School or Central Elementary School.