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r <br />JAN 9 1985 BOOK 59 PAGE 437 <br />The Board reviewed the following letter dated 12/7/84: <br />QLJ L�LJ U�U U �O�LI V�---------------------- <br />1500 Independent Square <br />u V Jacksonville, Florida 32202 <br />December 7, 1984 <br />I r <br />Mr. Terrance Pinto <br />Public Utilities Director <br />Indian River County <br />1840 25th Street <br />Vero Beach, Florida 32960 <br />Dear Terry: <br />Enclosed are the results of our water and sewer impact fee <br />calculation. We have developed separate impact fees for water <br />and sewer, at one hundred percent cost recovery and eighty- <br />five percent cost recovery. The following table presents <br />results df this calculation. <br />Percentage Of Total Cost Recovery <br />100% 85% <br />Water Impact Fee $1343.69 $1142.13 <br />Sewer Impact Fee $1473.96 $1252.87 <br />Total Water and Sewer Impact Fee $2817.65 $2395.00 <br />These calculations were derived using an automated computer <br />model, a copy of which is enclosed. The following assumptions <br />were used in the calculation of these impact fees. <br />Water <br />o Estimated usage per day - three hundred gallons. <br />o Plant capacity is 2.5 MGD for the RO water plant in South <br />County. <br />o North County Water Pump Station capacity is .7 MGD. <br />o Total water capacity 3.2 MGD. <br />o Water costs were categorized by original cost of functional <br />component, by year and escalated, using Engineering News <br />Record (ENR) escalation factors, to a 1985 replacement <br />cost. Hence, the impact fees calculated in this model <br />represent 1985 costs. <br />42 <br />