Bronxville School Community Pledges Support for Auditorium
On
Monday, June 4th, the “Final Act” private fund raising initiative
for the Bronxville School Auditorium announced that it has raised over $1.2
million from more than 350 families. Once all
pledges are fulfilled by September 30, 2012, the match from an anonymous donor
is expected to exceed $600,000.
“The
Matching Gift Program ended midnight June 1st with checks and
pledges pouring in!” said Final Act co-chair Jennifer Mackesy. “The widespread
participation was remarkable and says so much about the generosity and
commitment of our community.”
The
Final Act campaign completes and may exceed the private fund raising goal of $3
million for Bronxville School’s $10 million capital plan, encompassing
extensive auditorium renovations and a lobby addition, Middle School science
lab upgrades, and a number of high priority infrastructure items.
In
2010, the Bronxville School Board of Education adopted a goal to upgrade these
facilities and expressed an interest in pursuing a private/public partnership
as a way of financing the plan. In April, the Bronxville School Foundation
agreed to award $850,000 in support of the plan, and the PTA has committed an
additional $875,000, comprised of $400,000 from its capital reserves and
$475,000 from its successful auditorium benefit “Staging Our Future.”
In
addition to these private funds, the Board of Ed anticipates using up to $7
million from the District for these projects. At a May 24th special meeting,
the Board of Ed agreed to commit a construction reserve of $2 million to the
projects and approved borrowing up to $5 million. Community members will have the opportunity to vote on the
bond referendum on Tuesday, October 2nd.
“We hope all of our generous
donors go to the polls on October 2” said Final Act co-chair
Christine Fitzgibbons, adding a heartfelt thanks to all who gave their time,
energy and resources to this effort.
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