AMESBURY — The Massachusetts School Building Authority announced Wednesday that it will award the city up to $23.9 million to build a new Amesbury Elementary School.

The city is currently working with the MSBA to build a $60.5 million school next to Cashman Elementary School on Lions Mouth Road.

According to a press release, the MSBA voted to approve a grant of up to $23,942,384 to build the proposed new school.

The district is next expected to enter into a project funding agreement with the MSBA detailing the project's scope and budget, as well as the conditions under which the grant funding will be received.

The city has scheduled an Oct. 8 special election which will give voters a chance to approve or deny a $60.5 million debt exclusion (a temporary tax override for the life of the project’s debt) to pay for its portion of the school project.

If built, the proposed school would stand next to the Cashman Elementary School and utilize a split grade configuration in which pre-kindergarten through second-grade students would attend AES, while third-graders through fifth-graders would go to the Cashman.

State Treasurer Deborah Goldberg serves as the chair of the MSBA and said in a press release that the project will provide "a new 21st century learning environment for students in Amesbury."

"Our goal is to create the best space to deliver the district's educational commitments and goals," Goldberg said.

More to come in Thursday's Daily News.

Staff writer Jim Sullivan covers Amesbury and Salisbury for The Daily News. He can be reached via email at jsullivan@newburyportnews.com or by phone at 978-961-3145. Follow him on Twitter @ndnsully.

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