Voters in three school districts in Monmouth and Ocean counties will be asked to approve more than $27 million in school upgrades Tuesday.
Voters in three school districts in Monmouth and Ocean counties will be asked to approve more than $27 million in school upgrades in special school elections Tuesday.
The Matawan-Aberdeen Regional School District is putting two bond proposals up for voter approval.
(File Photo) The first proposal is for $13.4 million for various improvements and the replacing of HVAC systems at the Cambridge Park Elementary School, the Cliffwood Avenue Elementary School, the Matawan Regional High School, the Lloyd Road Elementary School, the Matawan-Aberdeen Middle School, the Ravine Drive Elementary School and the Strathmore Elementary School.
The second bond proposal, which would only go into effect if the first proposal is approved, would authorize an additional $6.4 million in HVAC improvements at the aforementioned schools.
If both bond proposals are approved, the total cost of the improvements for the school district will be $19,856,000, representing $1,950,000 for the Cambridge Park Elementary School, $1,555,000 for the Cliffwood Avenue Elementary School, $3,399,000 for the Matawan Regional High School, $2,902,000 for the Lloyd Road Elementary School, $4,495,000 for the Matawan-Aberdeen Middle School, $2,559,000 for the Ravine Drive Elementary School and $2,996,000 for the Strathmore Elementary School.
The state's debt service aid percentage would equal 40 percent of the annual debt service due with respect to the final eligible costs of the projects.
In Ocean County, the Eagleswood Township Board of Education is also asking voters to approve two bond proposals Tuesday.
The first proposal is requesting more than $2.8 million for various site improvements and renovations at Eagleswood Township Elementary School.
The second proposal, which would also only go into effect if the first proposal is passed, is requesting nearly $1.6 million for the building of an addition to the Eagleswood Township Elementary School and other improvements.
If both bond proposals are approved, the Eagleswood Board of Education would be authorized to undertake $4,393,010 in building and site improvements, as well as a building addition to the Eagleswood Township Elementary School. Debt service aid from the state will be at a rate of 40 percent of the project's eligible costs.
Meanwhile, the Board of Education in Island Heights will ask voters to approve a bond proposal for nearly $3 million in various improvements and renovations at the Island Heights Elementary School.
If the bond proposal is approved, the district would appropriate $2,992,252 for school district capital improvements, all of which is eligible to receive school facilities aid through debt service aid.
Rob Spahr may be reached at rspahr@njadvancemedia.com. Follow him on Twitter @TheRobSpahr. Find NJ.com on Facebook.