Builders Vow Up to $20 Million for Schools ; Developers Will Help D-49 Pay for Expansion

Summary


Developers and home builders will contribute up to $20 million to Falcon School District 49 to build and expand schools in coming years, including $10 million this year, the school district and developers announced Thursday.

The financial pledge, made by virtually all developers and builders in the northeast Colorado Springs and Falcon areas, may be the largest contribution ever to a Colorado school district from private industry.

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Builders Vow Up to $20 Million for Schools ; Developers Will Help D-49 Pay for Expansion

About 40 developers will collect $1,500 on every new single- family home, and about half to a third of that amount on town houses, condos an...

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