Odyssey Charter to seek Conduit Bond for a peice Barley Mill! A good thing!

Odyssey seeks bond for Barley Mill campus Matthew Albright, The News Journal

Odyssey Charter School is one step closer to taking over part of Barley Mill Plaza after applying for a loan through the state for up to $33 million.

The Council on Development Finance is considering conduit bond financing to the school so it can purchase and renovate buildings in the back of the office park, formerly owned by the DuPont Co. The school is seeking to convert about 35 acres of property into school buildings. 

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3 responses to “Odyssey Charter to seek Conduit Bond for a peice Barley Mill! A good thing!

  1. lastDEconservative

    Now this is what a true Vision 2015 should look like. Poseurs, take heed!

    Amazing, isn’t it, how far a little private sector competence and dedication to a cause can go.

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    • And right in the center of Red Clay too. Bada bing!

      Publius

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    • lastDEconservative

      To my own comment, prompted by the bada bing!, I’ll add …

      Vision, and success, — in. .spite. .of. — not because of, not just the district but the entire capital S State.

      I am reminded of my regular facilities design/construction meetings with those [very few] guys that started at 11 pm after all the pressing business of dotting ‘i’s and crossing ‘t’s for the legions of educrats in Dover was completed two or three times a week. Chock Full of Nuts coffee, real cream (I donated a dorm frig), the occasional stale donut enjoyed on a folding table and chairs in a stark empty building soon to be filled with little learners.

      I seem to recall that -part- of the charter, er, experiment, was to foster, then capitalize on learning from outside the educracy. Hmm. Compare the Odyssey guys whose compensation was satisfaction of a dream, to the DOE pre-retirees hanging out 9 – 4, if that, x-ing off the days to full out and free dental. I guess the minutes of these meetings got lost in Dover (these were days before Kilroy forced the institutional recording of every jot and tittle).

      Amazing, isn’t it, how far a little private sector competence and dedication to a cause can go.

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