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SEP-03-1998 17:53
OFC OF THE DEP SECY
202 401 9027
P.03/19
elevator repairs and other interior and structural repairs. In addition, this summer numerous roofs
were replaced this summer. Eaton Elementary School's roof was replaced; the project was
completed mid-August 1998. (See Chart: FY 98 Capital Improvement Program. In addition
to the work listed on this chart. You should be aware that the DC public schools completed 61
roof replacement/ repair projects in fiscal year 1997)
In addition Corps personnel are assessing all schools to help determine the capital improvement
requirements. To date they are about half way through this effort. Information from the
assessments and from community meetings will be used to revise DC PUBLIC SCHOOLS'
Long-range facility master plan.
Prior Announcements by the First Lady for Funding Dc Public School Facilities Repairs
and Construction Projects: On March 04, 1997, First Lady Hillary Clinton along with
Secretaries Riley and Rubin visited Ketcham Elementary school to announce $18,252,080 going
to DC's Control Board to be spent on repairs and construction needs of the DC public schools.
(These proceeds from the privatization of Connie Lee were transferred to the Control Board
from the Treasury Department on March 4, 1997. The amount of $18,252,080 represents the full
appraisal value of the shares of Connie Lee stock held by the Department of Education after
deduction for costs and expenses related to the sale.)
Also, on October 07, 1997, First Lady Hillary Clinton and Acting Deputy Secretary Mike Smith
visited Malcolm X Elementary School to announce $42 million going to the Control Board for
reform or repairs and construction of DCPS pursuant to the Student Loan Marketing Assoc.
Reorganization Act of 1996. (The control Board decided that all funds would be spent on repairs
and construction.) These funds were provided as a result of the privatization of Sallie Mae --
approx. $37 million in proceeds from the sale of SLM Holding Co. common stock warrants (was
provided in September 1997) and $5 million licensing fee relating to the company's ongoing use
of the "Sallie Mae" name (was transferred on October 6, 1997).
c:data\mail\event.eat
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"ocrText": "SEP-03-1998 17:53\nOFC OF THE DEP SECY\n202 401 9027\nP.03/19\nelevator repairs and other interior and structural repairs. In addition, this summer numerous roofs\nwere replaced this summer. Eaton Elementary School's roof was replaced; the project was\ncompleted mid-August 1998. (See Chart: FY 98 Capital Improvement Program. In addition\nto the work listed on this chart. You should be aware that the DC public schools completed 61\nroof replacement/ repair projects in fiscal year 1997)\nIn addition Corps personnel are assessing all schools to help determine the capital improvement\nrequirements. To date they are about half way through this effort. Information from the\nassessments and from community meetings will be used to revise DC PUBLIC SCHOOLS'\nLong-range facility master plan.\nPrior Announcements by the First Lady for Funding Dc Public School Facilities Repairs\nand Construction Projects: On March 04, 1997, First Lady Hillary Clinton along with\nSecretaries Riley and Rubin visited Ketcham Elementary school to announce $18,252,080 going\nto DC's Control Board to be spent on repairs and construction needs of the DC public schools.\n(These proceeds from the privatization of Connie Lee were transferred to the Control Board\nfrom the Treasury Department on March 4, 1997. The amount of $18,252,080 represents the full\nappraisal value of the shares of Connie Lee stock held by the Department of Education after\ndeduction for costs and expenses related to the sale.)\nAlso, on October 07, 1997, First Lady Hillary Clinton and Acting Deputy Secretary Mike Smith\nvisited Malcolm X Elementary School to announce $42 million going to the Control Board for\nreform or repairs and construction of DCPS pursuant to the Student Loan Marketing Assoc.\nReorganization Act of 1996. (The control Board decided that all funds would be spent on repairs\nand construction.) These funds were provided as a result of the privatization of Sallie Mae --\napprox. $37 million in proceeds from the sale of SLM Holding Co. common stock warrants (was\nprovided in September 1997) and $5 million licensing fee relating to the company's ongoing use\nof the \"Sallie Mae\" name (was transferred on October 6, 1997).\nc:data\\mail\\event.eat"
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