What is the estimated total cost of the new elementary school?

Construction and equipping of the new elementary school is estimated to cost a total of $99.2 million including the feasibility study. This figure derives from two independent cost estimators that each projected the cost of the new building and then met to reconcile any differences between their two estimates and arrived at a single cost estimate. The estimated cost of the project includes contingencies for future cost escalation.

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1. What is the estimated total cost of the new elementary school?
2. Is the Town getting any grant money to reduce the cost to the Town?
3. What else is the Town doing to reduce the cost?