Roanoke County OK's $20 million dollar bond for Glenvar High ren - WSLS 10 NBC in Roanoke/Lynchburg Va

Roanoke County OK's $20 million dollar bond for Glenvar High renovations

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 The Roanoke County Board of Supervisors approved the issuance of $20 million dollars in bonds to be sold to the Virginia Public School Authority (VPSA). The money will help cover the estimated $24 million dollars in renovations at Glenvar High School. County leaders said the move won't increase taxes but it will increase the county debt. Glenvar High School is nearing 50 years old. For the most part the structure remains in tact but there are also signs of rust and much-need repairs. Renovation plans include upgrades to the heating and cooling system, enhanced security as well as bigger classrooms.

"All of the technology is going to be upgraded" said Martin Misicko, Roanoke County Dir. of Operations." We are going to look at the mechanical systems which are the original from 1965 and look at adding a geothermal system".

The improvements come with a $24 million dollar price tag. About $1.8 million will be taken from school capital reserves, the county debt fund will cover $2.2 million. The majority of the cost will be covered by $20 million dollars in bond sales. In a 3 to 1 vote, the Roanoke County Board of Supervisors voted to authorize the bond issuance. Board of Supervisor member, Al Bedrosian, raised concerns about increasing county debt. The Roanoke County debt sits around $180 million. County leaders said that after the bond is issued for Glenvar the debt is projected at rise to $188 million.

County leaders agreed that renovations to Glenvar High School are a smart investment for the future of local students .School leaders expect renovations to begin this summer and wrapped up by the fall of 2015.

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