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"I <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 />Parcels <br />Acreage <br />Appraised <br />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 (10% of <br />construction costs) 4,575,000 <br />Fees (10°s 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 />