July 23, 2014 | Updated 12:00am

E-mail Address

Password
 



Most Popular

Tuesday, July 15, 2014, 11:37am

South Hadley School To Expand, Upgrade Facility With $4M MassDevelopment Bond

SouthHadleySchoolMassDevelopment has issued $4.26 million in tax-exempt bonds on behalf of Friends of the Pioneer Valley Performing Arts Charter School Inc., a related entity of the Pioneer Valley Performing Arts Charter Public School in South Hadley.

The school is using bond proceeds to build an 8,000-square-foot multipurpose addition, which it will use for gatherings and performances, as well as to install equipment at its existing facility. Bond proceeds will also refinance a previous MassDevelopment bond, which helped fund the purchase and renovation of the 48,000-square-foot school building.

MassDevelopment estimates the project will create nine construction jobs. Florence Savings Bank purchased the bonds.

"By partnering with the Five-College Consortium in the Commonwealth's Knowledge Corridor, PVPA offers its students an exceptional amount of learning opportunities from a variety of Massachusetts colleges," MassDevelopment President and CEO Marty Jones said in a statement. "This low-cost financing will help the School expand its offerings for its students."

Pioneer Valley Performing Arts Charter Public School is a regional public charter school serving grades seven through 12.

Comments

This article does not currently have any comments

Your Comments
Your Login Information
Forgot your password?

or

Create an account

  1. ###-###-####