1. (a) In accordance with RSA 198:15-b, III(c), school building aid for land acquisition shall be limited to the cost of:

   1. (1) Twenty acres of usable land plus one acre for every 100 students or fraction thereof for elementary school buildings;
   2. (2) Twenty-five acres of usable land plus one acre for every 100 students or fraction thereof for middle school buildings; and
   3. (3) Thirty acres of usable land plus one acre for every 100 students or fraction thereof for high school buildings.
2. (b) Land acquisition for school buildings that house combinations of 2 or more levels shall be subject to the limits for the highest level to be educated in that school building.
3. (c) Wetland areas and required setbacks, areas with slopes in excess of 60 percent, areas with extensive amounts of bedrock within 6 feet of the surface, and areas known to be contaminated with hazardous materials shall not be considered usable land for the purpose of comparing a given site to the maximum site sizes in (a) above.
4. (d) For purposes of this section, every acre of land in a contiguous building site shall be assumed to have equal value which shall be determined by dividing the total cost of the land by the number of acres.

Source. #8265, eff 1-22-05; ss by #10363, eff 6-15-13; ss by #13054, eff 6-12-20; ss by #14023, eff 7-12-24 (formerly Ed 321.04); ss by #14215, eff 3-14-25