Del. Panel Weighs Bonds for Charter School Project - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Del. Panel Weighs Bonds for Charter School Project

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DOVER, De. - A state panel is being asked to approve up to $7 million in bond financing for a Sussex County charter school.

The Council on Development Finance was to consider the request regarding the Sussex Academy of the Arts and Sciences at its meeting today in Dover.

Proceeds of the revenue bonds would be applied to make a loan to school for a variety of purposes. They include financing the acquisition of about 42 acres of land and a 122,000 square-foot building on it and improvements to accommodate a new middle school and high school serving grades 6 through 12.

 

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