Plan finalized for $1 billion construction push in Baltimore city schools

Officials in Maryland have finalized an agreement that will facilitate a $1 billion, decade-long effort to upgrade Baltimore city school facilities. The Baltimore Sun says Maryland Board of Public Works has voted unanimously to approve a Memorandum of Understanding that will serve as a blueprint for construction effort. It outlines the roles and responsibilities of state and local agencies over the course of the 10-year plan. The school system, city government and state will each contribute $20 million annually in order to leverage up to $1.1 billion in bonds. The Maryland Stadium Authority will leverage the bonds and also manage all new construction. The school system will oversee renovations.