The Town of Amherst is actively exploring the construction or renovation of four buildings including a new elementary school, department of public works, library, and fire station. This page will serve as a repository for information related to these building projects.
Please check back soon for more, this page is actively under construction.
Elementary Debt Exclusionestimated impact for three types of property - assumes debt will be issued in 4 large sums over 4 year period, each with 25 year payback term (resulting in 29 year payoff schedule). Short term debt will be used between the large bond issues. Long term interest rates vary from 4-4.75%. Total project cost to the Town used in this estimate is $32.4 million (the debt principal).