For Immediate Release
Contact: Jan Hardesty, Public Information Officer, (410) 333-1560
Maryland Board of Public Works Approves Baltimore Public Schools Construction Plan
The Maryland Board of Public Works unanimously approved a Memorandum of Understanding between four public agencies charged with a multi-year, billion-dollar program to rebuild and revitalize Baltimore City Public Schools.
The MOU, which was a condition of the Baltimore City Public Schools Construction and Revitalization Act of 2013, formalizes the roles and responsibilities of Baltimore City government, Baltimore City Schools, the Interagency Committee on School Construction, and the Maryland Stadium Authority.
Among the key provisions of the MOU are annual contributions of $20 million each from the City, Schools, and State. The Stadium Authority will leverage this $60 million in bond sales of up to $1.1 billion.
Next MSA Board of Directors Meeting
Tuesday, October 11, 12:00 p.m.
The Warehouse at Camden Yards
Executive Conference Room
333 W. Camden St., Suite 500
Baltimore, MD 21201
Agenda / Live Stream
Warehouse at Camden Yards
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