The Owego Elementary School, closed since the flood of 2011, is one step closer to opening it's doors.
FEMA has approved 85-90 percent of the building costs for the new building. FEMA will not pay for a new auditorium, a geothermal system, and two instructional spaces that were not part of the old building. The rest of the cost not covered by FEMA will be paid by state funding and school district capital.
"We're building a brand new elementary school to replace the one we lost with no new taxes. That's a really critical piece for this community or any community. So, there will be no new taxes for the people in this district to build this beautiful new school," said Dr. Bill Russell, superintendent of schools.
There will be a referendum vote to approve borrowing on October 22. Construction will likely begin soon after that. The school is expected to be open for the start of the 2015 school year.
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