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a) Site Acquisition <br />Site acquisition costs include costs associated with acquiring a site. Examples of <br />these costs include the actual purchase price of the property along with costs of <br />property survey, appraisals and deed recordings, testing to include soils, cultural, <br />archeological, environmental, suitability, and legal fees associated with purchase <br />and recording the property. <br />For purposes of this update, it is recommended that the per acre price be <br />consistent with the fair market value of land at the time of purchase. The <br />School Capital Review Team would review market value of land each year <br />during the process outlined earlier in this report. <br />b) Site Development <br />Site development should be broken out into two sub - categories: <br />i) Hard Construction — Site & Vertical Tasks <br />Costs included in this category cover the "usual' costs of all construction <br />activities associated with preparing a school site for construction (both <br />"horizontal" [dirt] and "vertical' [building] construction). Examples of items to <br />budget in this category include pre - grading and final grading of the site to <br />include playing fields and playgrounds, installation of storm water run -off <br />drainage, testing for soil suitability (rock), extension and /or installation of <br />utilities, building structure and systems (includes General Contractor and all <br />Sub - Contractors; satisfying municipal requirements such as storm water run- <br />off drainage; and landscaping to include, when feasible, xeriscaping. <br />ii) Hard Construction — Off -Site <br />This category includes construction activities for the surrounding area (costs <br />of "horizontal' construction). It does not include hard construction costs <br />associated directly with the building and direct site (see Section 2 a above). <br />Historically, these costs have been high in cost and are unique to individual <br />projects. Examples of off -site development costs include water and sewer <br />installations /extensions to the site, off -site road intersection improvements <br />including, roundabouts, turn lanes and traffic signals or other traffic control <br />devices, sidewalks, off -site environmental mitigation, construction of trails <br />and /or greenway systems and other municipal or state requirements. All <br />design work associated with these costs outlined in this section would be <br />considered "Hard Construction — Off - Site" costs. <br />c) Moveable Equipment <br />Examples of readily moveable equipment include office furniture (desks, chairs, <br />files, bookcases), cafeteria equipment (tables, seating, ovens, stoves, <br />dishwashers), conference room furniture, gymnasium bleachers and athletic field <br />bleachers. <br />IN <br />