The feasibility study is estimated to cost up to $650,000. The MSBA will reimburse 30% of the cost of the study. The feasibility study will be funded through reserves, with contributions from MERSD, Essex, and Manchester. The cost to the towns is determined in accordance with the capital allocation formula outlined in the MERSD Regional Agreement. The MERSD has proposed the following funding formula to cover the costs of the feasibility study.
Address 36 Lincoln Street, Manchester-by-the-Sea, MA 01944