School board enters $1.2 million contract for pellet-boiler system

February 26th, 2013 in News, News Archive

By: Donna M. Perry
Franklin Sun Journal

FARMINGTON — The RSU 9 Board of Directors entered into a $1.2 million contract with Thayer Corp. of Auburn for a pellet-boiler and two backup generators to heat Cascade Brook and Mt. Blue Middle schools and the district bus garage.

All three buildings are in the same vicinity on Learning Lane in Farmington. The boiler will be placed at the Cascade Brook School.

The annual payment of about $93,319.61 on the 15-year financing agreement is expected to be covered by savings in fuel oil, Superintendent Mike Cormier said.

The board voted on the contract at its Feb. 12 meeting.

Directors also approved going with Norway Savings Bank to fund the project. The bank is charging no interest on $440,932 for the qualified tax credit bond.

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