SIKESTON -- Sikeston R-6 School Board of Education continues to take steps to make the district as energy efficient as possible.
During its regular monthly meeting Tuesday, school board members approved a resolution to refinance $2.1 million of some of the district's energy projects, which include renovating and equipping existing buildings for energy conservation.
"Our purchaser, Piper Jaffray & Co. has been out selling the placement of our lease participation certificates today, and earlier in the meeting, (School Board President) Scott Crumpecker began signing some of the documents," Sikeston R-6 Superintendent Steve Borgsmiller told the Board.
The superintendent noted the certificates were able to sell for a 2.5 percent average.
The school board has worked for several months to make the district more energy efficient.
"An opportunity through the state legislature is available for entities to go to an energy-saving contract. This means anything that uses power -- any kind of appliance -- whether it's a boiler or lights -- you can go in and leverage those savings that a retro-fit could benefit. And then in turn, you're able to use those savings to amortize the costs of any debt you'd incur in making those improvements," Borgsmiller explained.
For example, one of the quickest paybacks a district has in older buildings is replacing the old style ballasts with energy-saving light fixtures.
In addition to the lighting restoration, the district is also making improvements/upgrades on boilers, chillers ( air conditioning units) and other big systems such as those that sit outside the Field House, Lee Hunter Elementary and Southeast Elementary, the superintendent said.
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