On Thursday, Oct. 4, school officials will vote on whether or not to borrow funds to build a new school where Minot Forest Elementary is located. Officials said the building is beset with a wide range of structural issues. Opened in 1965, the building requires significant upgrades for security, electrical wiring and fire safety. Existing ceilings contain asbestos and the current plumbing system does not meet low-flow or handicap accessibility requirements. Minot would also require extensive foundation work.

The school’s construction cost is an estimated $90.3 million. The Massachusetts School Building Authority is slated to reimburse the town approximately $59.8 million of that cost, which means Wareham would have to pay approximately $39.5 million for the new school.

The meeting is set for the Multi-Service Center, located at 48 Marion Road, at 7 p.m.