TOWN OF POUGHKEEPSIE – Marist College is seeking some $60 million in tax-exempt bonds to pay for a major construction project at the Town of Poughkeepsie liberal arts institution.
The school is seeking the bonds through the Dutchess County Local Development Corporation.
College Chief Financial Officer Beth Veasey said the bulk of the funds will be applied to one major project.
- “It will be basically the doubling of the Dyson Center, which houses our school of management and school of social and behavioral sciences, two very important colleges within our overall enrollment portfolio,” she said.
The funding will also cover the cost of three or four other renovation projects to keep the campus “sparkling new,” Veasey said.
The Local Development Corporation Board is expected to approve the bonds at its meeting this Friday.
