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q <br />high school #3. The recitals set forth above are incorporated by <br />reference as if fully set forth herein. <br />2. The BOARD OF COMMISSIONERS agrees to appropriate the <br />funds necessary for the purchase by condemnation or otherwise of <br />the properties identified at the estimated costs identified as <br />follows: <br />• Appraised <br />Parcels Acreage Values <br />Glover property ~ 49.5 $1,658,700 <br />Fisher property 10.6 551,000 <br />Minton property ~ 3.6 ~ ~ 326.,000 <br />Total ~ 63.72 $2,535,700 <br />3. The estimated Standards elements and budget for high <br />school #3 follow: <br />Budget Category Budget Amount <br />Site (approx. 64 acres <br />total) acquisition amount $ 2,536,000 <br />Construction (182,710 sf at <br />$110 per sf) 20,098,000 <br />Site development (100 of <br />construction costs) 4,575,000 <br />Fees (10% of construction <br />and site development cost) 2,467,000 <br />Movable equipment ( 5 % of <br />construction cost) 1,005,000 <br />Technology ($8.25 sf for <br />infrastructure and equipment) 1,507,000 <br />Contingency (3.5% of construc- <br />tion and site development costs) 864,000 <br />6 <br />