The Underwood Pool Building Committee has reached its fundraising goal of $388,000 to meet the lowest bid to construct the new Underwood Pool complex, according to Ellen Schreiber, the committee member who headed the fundraising drive.
“This will allow the Underwood Pool Building Committee to award the construction contract and get started on the project ASAP, following the expected acceptance of the donations by the Belmont Board of Selectmen. The contractor has said that, if the winter weather cooperates, he will try to have the pool ready for next summer,” said Schreiber.
The fundraiser was started in September after a general contractor withdrew a bid within the Committee’s $4.2 million budget to construct a new two-pool complex to replace the current 102-year-old facility at Cottage Street and Concord Avenue. The next lowest bid came in at $4.6 million.
The fundraiser was given a considerable boost after the Belmont Savings Bank Foundation, the charitable offshoot of the Belmont Savings Bank, gave the committee a $200,000 grant in September.
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