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Charter School

Tuesday, December 7, 2010

Regional Charter School Project Gets $26.6 Million Bond

A tax-exempt bond funding middle and high school additions.

A charter school serving 20 towns, including Norwood, has received a $26.6 million tax-exempt bond for a 27-classroom middle and high school addition and to refinance its mortgage on its Foxboro facility. Foxborough Regional Charter School Director Mark Logan said Monday that classes will move into the roughly 60,000-square-foot addition next winter. The new classrooms will replace the K-12 school's 26 modular classrooms, he said. The charter school has had modular classrooms since 2004, adding more since then. The project will cost $13.5 million, The Foxboro Reporter has reported. Logan said Monday the construction cost came in lower than school officials expected. MassDevelopment, the state's finance and development agency, issued …

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