Greenville Schools Get 2 Loans from Federal Stimulus
The Greenville County School Board voted Tuesday night to select an architect to design a new 1,000 student elementary school for the Southeast Area of Greenville County to relieve crowding at Bell’s Crossing, Bethel, Oakview, and Woodland Elementary schools.
The Board also approved a resolution to sell $15 million in low or no interest bonds as part of a two-year $30 million government stimulus program for Greenville County Schools authorized by the American Recovery Reinvestment Act. The money will come from commercial sources but must be paid back by Greenville County property owners in a lump sum in 12 to 16 years, according to a District statement. Some of the funds may be used to build additional Kindergarten classrooms on existing schools.