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Hopkinton Awarded $14M Grant for New Center Elementary School

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BOSTON—State Treasurer Deborah B. Goldberg, Chair of the Massachusetts
School Building Authority (MSBA), and MSBA Executive Director Jack
McCarthy today announced that the MSBA Board of Directors voted to approve a
grant of up to $14 million to replace the existing Center Elementary School in
Hopkinton with a new facility. One of the next steps is for the District and the
MSBA to enter into a Project Funding Agreement, which will detail the project’s
scope and budget, along with the conditions under which the Town will receive its
MSBA grant.

“Upon completion, the new school in Hopkinton will provide a modern learning
environment for the Town’s students,” Treasurer Goldberg said. “Our goal is
create the best space to deliver the district’s educational commitments and goals.”

The new 83,256 square-foot school will be built based on a design enrollment of
395 students in Kindergarten through grade 1. The MSBA will contribute 44.50%
of eligible costs toward the project, for a total grant of up to $14,058,455. The
current school was built in 1928 and suffers from deficiencies in major building
systems including mechanical, electrical, plumbing and windows.

“The new Center Elementary School will replace an aging building with a modern
learning facility,” stated Executive Director McCarthy. “Students will soon have a
beautiful new space which will undoubtedly enhance and improve their ability to
excel in the classroom.”

The MSBA partners with Massachusetts communities to support the design and
construction of educationally appropriate, flexible, sustainable and cost-effective
public school facilities. Since its 2004 inception, the Authority has made over
1,600 site visits to more than 250 school districts as part of its due diligence
process and has made over $11.5 billion in reimbursements for school construction
projects.