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Indian River County 1 Impact Fee Update Study <br />® were estimated at 83 percent of the state average of $2.44 million. Additional detail is <br />• <br />• <br />provided in Appendix C, Table C-15. <br />Table X-2 <br />Estimated Total Cost per Lane Mile for State Roads <br />Cost Phase <br />Design(1) <br />_ Cost__ <br />per Lane Mile <br />Urban <br />Design <br />Rural <br />Design <br />Weighted <br />Average <br />$220,000 <br />$183,000 <br />$196,000 <br />Right-of-Wayl2> <br />$880,000 <br />$730,000 <br />$781,000 <br />Construction(31 <br />$2,000,000 <br />$1,660,000 <br />$1,776,000 <br />CEI(4) <br />$220,000 <br />$183,000 <br />$196,000 <br />Total Cost <br />$3,320,000 <br />$2,756,000 <br />$2,949;000 <br />1) Source. Appendix C, Table C-3 K <br />2) Source. Appendix C, Table C-5 <br />3) Source. Appendix C, Table C-7 <br />(4) Source: Appendix C, Table C-9 <br />Summary of Costs (Blended Cost Analysis) <br />, <br />The weighted average; cost per lane mile for county`and-state_roads is presented in Table X- <br />3. The resulting weighted average cost of approximately $2.59 million per lane mile was <br />utilized as the roadway cost .input in the calculation of the transportation impact fee <br />schedule..-; The weighted average cost per;Iane mile includes county and state roads and is <br />based ori rweighti;ng l'the lanemiles of roadway improvements in the Long Range <br />Transportation Plan (LRTI?) \ '-:--'s <br />Compared to' the:,.previous transportation impact fee update, the estimated cost of $2.59 <br />million represents ;a slight increase in the unit cost per lane mile for roadway. The previous <br />cost, established in a,2004:Traffic Impact Fee Study, was estimated at $2.46 million. This <br />represents a five percent increase in the roadway unit cost per lane mile since the 2004 <br />study. <br />Compared to recent transportation impact fee studies completed throughout Florida in the <br />past few years, the unit cost per lane mile estimated in this update is considerably lower. <br />Recent unit costs have ranged from approximately $2.91 million to $4.44 million, with an <br />average cost of $3.61 million. The lower costs in Indian River County can be attributed to <br />the lower construction costs observed in recent local bids as well as the mix of planned <br />Tindale -Oliver & Associates, Inc. Indian River County <br />January 2014 109 Impact Fee Update Study <br />