How much will the MSBA pay for and are there monies available for Hanover?

Hanover has been given a base rate of 48.89%.  Hanover will also qualify for a number of incentive points that have yet to be determined.  Categories include innovative community use, energy efficiency, and maintenance rating with a potential for as much as 8 additional points.  We are comfortable that our reimbursement rate will be at least 50% and Hanover is the first High School project approved to move forward through design.  The state has $2.5 billion for school projects and Hanover will be one of the first approved projects to receive funding.  The MSBA is a partner on this project and will pay their share from the beginning.