Connect with us

Community

Fall River, Somerset, Westport approve plan for new Diman, Swansea is next

Published

on

Graphic courtesy of Kaestle Boos Associates

On Tuesday evening, Westport approved the plan for a New Diman High School at a town meeting.

After a presentation by Diman officials, Westport voters asked questions and made statements concerning the meeting agenda item.

A vote took place where a clear 2/3 majority was reached in favor of funding the new structure which led to a round of applause.

Somerset and Fall River have already approved the plan for a newly constructed building. Swansea is expected to vote on the funding for the new school on May 16th.

New Diman High School by the numbers:

Enrollment: 1500 students
Total building square footage: 394,650 square feet
Total Project Cost: $293.5 million
Potential MSBA Reimbursement: 79.77% Does not include costs such as:
• Construction Cost Cap of $360/sf
• Site Cost Cap of 8%
• Hazardous Materials
• Temp Facilities
• Un-reimbursable Square Footage

POTENTIAL MSBA FUNDING: 149.7-$152.6M
ESTIMATED DISTRICT SHARE: $139.9M – $141.9M
District Funding: 49%
Base repair of existing building if new school is not built: $156-$161 million

Estimated costs per community through property taxes (30 years)
Fall River: $6.5 million per year ($69 in property taxes for every $100,000 in home value).
Somerset: $825,000 per year, ($26 in property taxes per $100,000 in home value).
Swansea: $710,000 per year ($25 in property taxes per $100,000 in home value).
Westport: $445,000 per year ($11 in property taxes per $100,000 in home value).

The new school would be built on the current football field and would expect to break ground in 2023-2024 and be completed in 2026-2027 with the project finishing with the demolition of the current school. The new building is expected to be a 50-year solution.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Trending

Copyright © 2017 Fall River Reporter

Translate »