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<br />. <br /> <br />EXHIBIT E <br />SCHOOL IMPROVEMENTS <br /> <br />The School System shall, in its sole discretion, construct as many of the following renovations, <br />improvements, and enhancements as possible within the $5,000,000 capital fund limit for <br />renovation of Highland-Biltmore Elementary School: <br /> <br />Interior: <br />. renovate and enhance classrooms <br />. enhanced library (scope, size, and features TBD) <br />. three new labs: robotics, geospatial, and biotechnical <br />. hi-tech wiring <br /> <br />Exterior: <br />. renovated exterior <br />. new roof <br />. enhanced landscaping, parking, bus access, and related sitework <br /> <br />Athletic Complex: <br />. gymnasium (scope, size, and features TBD) <br />. tennis courts <br />. soccer fields <br /> <br />. Additional Features: <br />. greenhouses <br /> <br />To the extent that capital funding is not sufficient to pay for all of the above renovations, <br />irnprovements, and enhancernents, the School System and the Developer may engage in good <br />faith discussions about Developer funding or contributions for the shortfall. <br /> <br />. <br /> <br />Draft 8B <br />