Chatham County Schools Superintendent Robert Logan says the renovations to Northwood should be finished by August 2009 and the new middle school will be done by August of 2010.
Chatham County Schools Superintendent Robert Logan said that while that the county has a good bond rating, loans simply aren't available -- and some projects may be delayed.
"Nobody is lending money.
Even if they were, interest rates have jumped sky high," he
said the district's first priority is completing renovations to Northwood High School
The renovations have an anticipated completion date of August 2009 and are expected to ease some of the overcrowding at NHS
, which is about 200 students over capacity.
A new middle school in the Briar Chapel area is next on the district's list of priorities.
That project would be complete by August 2010, and would create the first school in Chatham with grades 6-8.
said two of the district's K-8 schools, North Chatham and Perry Harrison, also have a serious overcrowding problem -- North Chatham has about 20 modular units, while Perry Harrison has four.
said one advantage of a bad economy is that building costs have gone down, making it easier for the district to get competitive bids.
"We're very appreciative of the commissioners' understanding," Logan