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4 <br />Estimated Renovation Cost <br />Structures with Option 1 & 3 <br />School Name <br />Option 1 (cost <br />est. 2024) cost <br />range <br />Option 3 (cost <br />est. 2024) cost <br />range <br />Carrboro <br />Elementary School <br />$12.3 - $15.7 <br />million <br />$31.5 - $40.7 <br />million <br />Estes Hills <br />Elementary School $5.2 - $6.9 million <br />$34.9 - $45.1 <br />million <br />Ephesus <br />Elementary School $5.6 - $7.3 million <br />$35.6 - $44.4 <br />million <br />Structures with Option 1 <br />School Name <br />Option 1 (cost est. 2024) <br />cost range <br />Glenwood Elementary School $5 - $6.4 million <br />Frank Porter Graham <br />Elementary School $5 - $6.2 million <br />Seawell Elementary School $6 - $7.5 million <br />Phillips Middle School $8.5 - $10.6 million <br />Culbreth Middle School $10 - $12.9 million <br />Lincoln Center $44.5 - $46.9 million <br />DocuSign Envelope ID: F3ECCCC4-11C5-4B8B-A148-28FAABFF6334