BIRDSBORO ? Hoping to save money in the long run, the Daniel Boone School Board unanimously approved an $8.9 million PACT agreement with Trane U.S. Inc. at a recent meeting.
The services in the agreement are designed to reduce energy consumption and operational costs at the Amity Primary Center. District officials said the resulting repairs and improvements by Trane will guarantee annual maintenance costs of $37,800 for 15 years.
The project will be financed with $9 million of the $12 million the district received last year in a debt restructuring. The other $3 million received in the restructuring will be used for renovations to the high school sports stadium.
The savings? No less than $11,534,580 in total and $741,355 for annual operational or lifecycle costs for each year during the guarantee term. Annual energy savings are guaranteed to be no less than $27,617 for the 15-year period. Read the whole story