Geary USD 475 Board of Education members have voted 7-0 on a resolution declaring their intention to enter into a lease purchase agreement with Piper Sandler Companies for a new early childhood center. At this point the cost estimate is $35 million dollars.

Cash received by the school district from federal impact aid could be used to help reduce the cost of the lease over time down into the neighborhood of $22.5 million.&nbsp;

In the resolution that they were considering the Board talked about locating the early childhood center on district owned property&nbsp; on Eisenhower, but they eventually decided to leave out a specific location pending further discussion.&nbsp;

By Dewey TerrillJC PostGeary USD 475 Board of Education members have voted 7-0 on a resolution declaring their intention to enter into a lease purchase agreement with Piper Sandler Companies for a new early childhood center. At this point the cost estimate is $35 million dollars.Cash received by the school district from federal impact aid could be used to help reduce the cost of the lease over time down into the neighborhood of $22.5 million.&nbsp;In the resolution that they were considering the Board talked about locating the early childhood center on district owned property&nbsp; on Eisenhower, but they eventually decided to leave out a specific location pending further discussion.&nbsp;

BOE approves plan to enter a lease - purchase agreement for an early childhood center