Evergreen Charter School in Hempstead, N.Y., has been given the green light to construct a building for grades seven through 12
The 85,000-square-foot building will have capacity for 750 students, reports Long Island Business News.
The Town of Hempstead’s Local Development Corporation has given preliminary approval for the sale of $72 million in tax-exempt and taxable bonds to help the school construct the building.
Evergreen offers bilingual education and serves students in grades K through 10. The school is planning to add grades 11 and 12 for 2023-24.
The bonds will be repaid with the rent payments paid by the school to a new school support organization, Friends of ECS.