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It is important to note that actual development and construction cost per square foot for <br /> the two districts vary - $129 for Chapel Hill-Carrboro City Schools and $115 for Orange <br /> County Schools — and there are significant differences in the site acquisition costs. On <br /> average, the cost per acre in the Chapel Hill-Carrboro District is almost $24,000 per <br /> acre compared to a per acre cost in the Orange County District of just over$14,000. <br /> Appendix B of this report provides detailed information regarding costs of each <br /> component of the individual projects. <br /> 8 <br />