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On Wednesday, December 14th, State Treasurer Tim Cahill presented
a check for $65,584,470 from the Massachusetts School Building
Authority to the City of Lawrence for the Lawrence High School .
This represents approximately 90% of project expending to date
with the remaining to be paid as the project is completed. Cahill
also announced that the Authority will conduct an early audit of
the school project, consistent with the Authority’s new
pay-as-you-go construction audit system.
“If not for our reform plan, Lawrence would have waited more
than 20 years to received full payment for this new high school,”
said Cahill. MSBA Executive Director Catherine Craven expressed
satisfaction in making this early payment to the taxpayers of
Lawrence . “I look forward to working with Mayor Sullivan’s team
on the early school project audit, in time, for the early opening
of the school next year”, said Craven. |
