The town vote on whether to purchase the bus will take place on Dec. 9 from 2:00 p.m. to 8:00 p.m. at Milford Central School in the Herbert B. Garman Jr. Performing Arts Center Lobby.
If approved, the cost of the bust is not to exceed $130,000. However, state aid for the bus is estimated at $104,260, making the estimated local share $25,740. The proposal would have the school borrow the money through a bond issue, which would spread the payments out over five years, costing $5,148 a year. Additionally, Harvey estimates that the school can sell the old bus for around $6,000.
If approved, the bus would be delivered in July of 2014. Its purchase would be keeping in line with Milford’s long-range bus replacement plan, according to information provided to the board in the bus resolution.