Donor may save Vail Christian High School
Vail, CO Colorado
VAIL VALLEY, Colorado – Vail Christian High School might not be closing its doors after all – an anonymous donor has pledged a seven-figure gift to the school that could be enough to let school officials renegotiate with bond holders.
The school, which is the only Christian high school in the Vail Valley, announced last month that it would have to close after more than a year of negotiations with bond holders. The school’s debt includes $12 million borrowed to build the new school and its gymnasium.
The anonymous donor was totally unexpected, Head of School Randy Lowe said Tuesday.
“It makes me feel extremely encouraged,” Lowe said. “I’m truly stunned that there are people in our community that do see the value in what we’re doing as a school.”
The donation is enough to allow the school “to negotiate more directly with bond holders,” Lowe said. He said the school should have some answers as to whether staying open is a possibility now by the end of the week.
“I think (the donor) is someone from the community who sees the value to our school in this community,” Lowe said. “I hope it will pay to fruition when we sit down with our bond holders.”
Lowe has high hopes for the school to remain open for many years to come, he said.
Community Editor Lauren Glendenning can be reached at 970-748-2983 or email@example.com.