Edison, N.J., Voters Pass Bond to Rebuild School Destroyed by Fire

March 12, 2015

Voters have approved an $18.6 million bond to help replace a school in Edison, New Jersey, that was destroyed by fire.

Officials estimate in will cost about $28 million to rebuild the James Monroe Elementary School.

The Home News Tribune reports the district has received about $9.5 million from its insurance company [the New Jersey Schools Insurance Group] for the March 2014 blaze that was believed to have started when a custodian discarded a cigarette in a trash can. The district is suing the insurer for more money.

The bond issue will cost the average taxpayer about $21 a year.

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