1. (a) The following site costs shall be eligible for building aid:

   1. (1) Land acquisition costs, including land purchased in years prior, provided it was purchased for the purposes of constructing a school building;
   2. (2) Legal or administrative costs associated with the acquisition; and

   3. (3) Site development costs, including:

      1. a. The work required to prepare the land for construction;
      2. b. Work required to bring and connect utility services from the property boundary to the building; and
      3. c. Work for onsite utility infrastructure such as power, fuel connections and storage, onsite septic, sewer, data and cabling, and site lighting.
2. (b) Site acquisition costs for land that exceed the maximum site standards in Ed 321.07 shall not be eligible for building aid and shall not be included in the maximum building aid award.
3. (c) Only work on the site owned by the school district or charter school shall be eligible for building aid. Work to bring utilities to the site from locations that are not immediately adjacent to the property owned by the school district or charter school shall not be eligible for building aid.
4. (d) For the purposes of calculating the maximum building aid award, site acquisition costs shall be limited to market value as determined by an appraisal conducted as part of the land acquisition.
5. (e) For the purposes of calculating the maximum building aid award, eligible site development costs shall not exceed 15 percent of the total eligible project costs less site costs.

Source. #8265, eff 1-22-05; amd by #8631, eff 5-19-06; ss by #10363, eff 6-15-13; ss by #13054, eff 6-12-20 (formerly Ed 321.21); ss by #14023, eff 7-12-24; ss by #14215, eff 3-14-25