SPRINGFIELD, Mass. (WWLP) - There could be a resolution to the dispute over funding for the rebuilding of Springfield's Cathedral High School and St. Michael's Academy by the end of the year.
The two are tens of millions of dollars apart in their estimates of damage to the schools, which were hit hard by the June 1 Tornado. The Diocese estimates more than $70 million in damage to the buildings, while Dupont says Catholic Mutual has only offered $15 million.
In May, Catholic Mutual CEO Mike Intrieri told the 22News I-Team that they already have given the Diocese a partial payment of $11 million.
The three-member arbitration panel will first meet on September 10, with their final hearing scheduled for November 8. Dupont says that a decision is likely within a month of the last hearing.
While the status of the high school remains unclear, Cathedral students are set to begin another school year at their temporary location, the Memorial School building in Wilbraham.