Reading, MA — State Treasurer Deborah B. Goldberg, Chair of the Massachusetts School Building Authority (MSBA), and John K. McCarthy, MSBA Executive Director/Deputy CEO, announced today that the MSBA Board of Directors had invited Reading to collaborate with MSBA in conducting a Feasibility Study for the potential Killam Elementary School construction project.
“The Feasibility Study will carefully examine potential solutions to the issues identified at the school’s facility and will help us develop the most cost-effective plan to address those issues,” Goldberg stated. “We look forward to partnering with [Reading] to move the potential project forward.”
The Board of Directors also approved Feasibility Study invitations for schools in Lexington and Millis. “We are committed to working with the Districts to help address the deficiencies in their schools,” McCarthy said. “Our partnership with local officials will ensure the best solutions for the students in each of these Districts.”
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 2004 inception, the Authority has made over 1,750 site visits to more than 250 school districts as part of its due diligence process and has made over $16.3 billion in reimbursements for school construction projects.
The invitation serves as the project’s next step in the MSBA reimbursement process. Reading Town Meeting voted in November to approve $2.2 million from free cash reserves to fund the feasibility study and schematic drawings for the Killam Elementary School project.