JCI in Rochester

A tidbit from the Rochester Post Buletin. The School Board didn’t like the change in risk:

However, during a project kickoff Jan. 18 for the participating districts, Rochester board members and district staff learned that Johnson Controls changed the funding strategy for the development. One of the reasons, the company said, was to reduce financial risk for the school districts.

That caused concern because the company originally said there would be no risk with the initial funding model using federal Clean Renewable Energy Bonds, board member Cris Fischer said during a school board study session Tuesday.

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