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., <br />~ Crai Benedicf - --", _ <br />g OCSchFee:doc~ Page 1 <br />School Impact Fees <br />Cost of School Sites <br />Oran a Count North Carolina <br />As indicated in Figure 8, the average cost per acre for school sites acquired in recent <br />years is approximately $13,000 per acre in the Orange County District and $24,000 per <br />acre in the more urbanized Chapel Hill -Carrboro District. <br />Figure 8 -Recent Site Acquisition by District <br />Orange County District <br />School Year Cost Acres Cost Per Acre <br />New OC listrict HS 1999 $650,000 71.0 $9,155 <br />5tanback 1992 $722,190 34.4 $20,994 <br />5tanback Addition 1999 $85,000 8.2 $10,366 <br />New Hope E5 1988 $430,630 28.5 $15,110 <br />TOTAL $1,887,820 142.1 $13,285 <br />Chapel Hill -Carrboro District <br />School Year Cost Acres Cast Per Acre <br />East Chapel Hill HS 1992 $1,850,000 74.8 $24,733 <br />McDougal 1990 $900,050 40.0 $22,501 <br />TOTAL $2,750,050 114.8 $23,955 <br />16 <br />i <br />