The Gibraltar School Board unanimously approved a resolution that would allow the district to borrow up to $3 million for energy efficiency projects on Monday night.
The board has been working with representatives from Johnson Controls for several months to finalize an energy conservation and efficiency project. According to the minutes from the Jan. 27 board meeting, some of the improvements and updates include the heating/cooling system, changing the parking lot lighting to LED bulbs and interior lighting to energy efficient models, updating water storage tanks, and cleaning duct systems to improve air quality. Roof repairs are also part of the cost.
The estimated cost for the entire plan is $3.282 million, subject to change because the board can pick and choose the parts of the project it feels are most necessary.
“Well, it’s really important, not just the energy efficiency system savings ... but it is also going to improve the quality of the air in the building,” Superintendent Tina Van Meer said.
The district would secure a loan through Robert W. Baird and Co. in Sturgeon Bay, Van Meer said. The board will only take a out a loan if the project is approved during its March 24 meeting.
The board is going through Baird, rather than the State Trust Fund, because it can get a better interest rate, Van Meer said. If the board moves ahead with energy efficiency project, it will look at whether to take out a five- or 10-year term.
Board members Lynnea Hickey, Sally Pfeifer and Mark Weborg were not in attendance.
“The vote was unanimous for the four who were there,” Van Meer said.
Contact Samantha Hernandez at email@example.com or (920) 743-3321, Ext. 112.