The 150-thousand dollars from First Bank and Trust will go toward the purchase of a scoreboard system that will include a main video display on the north wall of the new gymnasium, an auxiliary scoring display on the south wall, a sidewall scoreboard for the west wall of the gym, and scorer’s table displays. The total cost of the scoreboard system and audio system through Daktronics is approximately 292-thousand dollars. Postma said the bank’s donation will cover more than half of what is needed.
The remaining 142-thousand dollars for the systems will come in the form of a loan, taken out by the Madison Booster Club and guaranteed by the Madison Central School District. First Bank and Trust will provide that loan to the Booster Club. Postma, in turn, will be selling different levels of sponsorships on the boards to local and area businesses…with that money going to pay off the debt service on the loan and then into other areas of the renovation project. Postma said there will be three different sponsorship levels available.
Postma said that if he is successful in selling six each of the anchor and founding partner sponsorships, along with 8 of the premier sponsorships, it should bring in 53-thousand dollars a year for five years.
Postma said that the video and audio system will ultimately be under his supervision, but they are looking into getting students involved in operating the equipment during different events. Those students would be trained in a special class with teacher Joey Liesinger and would get credit for some of their work with the equipment.