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<br />Indian River County 1 Impact Fee Update Study
<br />construction, to build a new road. A review of recent ROW cost data for Indian River
<br />County identified 12 recent improvements with acquisition data. Using the construction
<br />costs for these improvements, a ROW factor of construction was calculated for each
<br />improvement, ranging from six (6) to 150 percent, with a weighted average of
<br />approximately 41 percent. This calculated local factor was consistent with county road
<br />ROW factors observed in recent impact fee studies throughout Florida and was used as the
<br />basis for ROW costs in Indian River County. As seen in Table X-1, this amount is equal to
<br />approximately $0.66 million per lane mile for county roads.-` Additional detail is provided in
<br />Appendix C, Tables C-4, C-5, C-11, and C-12.
<br />Construction
<br />The construction cost for county roads was' based on a review' •of local and statewide
<br />projects. A review of recent construction cost" data for Indian River''County identified 12
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<br />recent capacity expansion improvements 'throughout ,the County:,., 'Based on these
<br />improvements, a weighted average cost of $1.80, rnillion per lane mile was calculated for
<br />use in the impact fee calculationn•,(as_seen in Table‘Xt1):�,•This figure was compared to the
<br />average construction cost per lane :mile -observed in other jurisdictions throughout the
<br />state. These statewide projects averaged approximately $2.18 million per lane mile for
<br />construction. Therefore, compared to< the statewide'data, local Indian River costs are
<br />approximately 83.,.percent of.the statewide' average. - Additional detail is provided in
<br />Appendix C, Tables, C -6,•-C-7, C-13,,and C-14.`
<br />-Table X=1Y
<br />Estimated Total,Cost per Lane Mile for County Roads
<br />Cost Phase
<br />-- Cost per Lane Mile
<br />Urban j
<br />Desi n
<br />Rural '
<br />Design
<br />Weighted
<br />Average
<br />Design')
<br />$180,000
<br />$149,000
<br />$159,000
<br />Right-of-Way(2)
<br />$738,000
<br />$613,000
<br />$656,000
<br />Construct'•on(3)
<br />$1,800,000
<br />$1,494,000
<br />$1,598,000
<br />CEI(4)
<br />$162,000
<br />$134,000
<br />$143,000
<br />Total Cost
<br />$2,880,000
<br />$2,390,000
<br />$2,556,000
<br />1) Source: Appendix C, Table C-2
<br />2) Source: Appendix C, Table C-4
<br />3) Source Appendix C, Table C-6
<br />(4) Source. Appendix C, Table C-8
<br />Tindale -Oliver & Associates, Inc.
<br />Indian River County
<br />January 2014 107 Impact Fee Update Study
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