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01/22/2014 (2)
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01/22/2014 (2)
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Last modified
3/29/2018 4:01:18 PM
Creation date
1/19/2016 1:58:34 PM
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Meetings
Meeting Type
Workshop Meeting
Document Type
Agenda Packet
Meeting Date
01/22/2014
Meeting Body
Board of County Commissioners
Subject
Impact Fee Update Study Workshop
Tindale-Oliver & Associates, Inc.
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s <br />• <br />Indian River County 1 Impact Fee Update Study <br />Table C-4 <br />Right -of -Way Cost Adjustment — Count Roads <br />Road Type <br />Urban Design <br />ROW Cost per ; <br />- ! <br />Lane Mile i <br />$738,000 <br />Section Design <br />Distributional <br />Weighted ROW.' <br />Cost per Cane,; <br />Mile (3) <br />34% <br />$251,000 <br />Rural Design <br />$613,000 <br />66% <br />$405,000 <br />Weighted Average ROW Cost per Lane Mile <br />$656,000 <br />(1) <br />ROW cost is estimated at 41% of construction cost, based on recent IRC <br />improvements in Table C-11 (Item 2) <br />(2) Source. Appendix C, Table C-17 (Items c and d) <br />(3) ROW cost per lane mile (Item 1) multiplied by the as ociated section design weight <br />(Item 2) for each design type and added together::.= <br />State Roadways <br />Due to a lack of local acquisition data, theROW cost for state roads was estimated as a <br />percentage of the construction cost per lane mile: This: -factor was determined through a <br />review of the ROW -to -construction ,cost ratios 'forttate road unit costs ..in previously <br />completed impact fee studies throughouttFlorida. For: state roadways, the ROW factors <br />ranged from 20 percent to 71 percent, 'with' -.a weighted. average of 44 percent. For <br />purposes of this update -study, the " "":cost 44 percent of <br />the construction cost-Iper lane mile (see Table C-12-.fo"rradditionaI information). <br />Table C-5 <br />Right=Of-Way_Co`st-Adjustment — State Roads <br />Road Type <br />ROW Cost per ; <br />Lane Mile(1) <br />Section Design <br />Distribution(2) <br />Weighted.ROW' <br />�.. <br />Cost per Lanei <br />Urban Design <br />$880,000 <br />34% <br />$299,000 <br />Rural Design <br />$730,000 <br />66% <br />$482,000 <br />Weighted Average ROW Cost per Lane Mile <br />$781,000 <br />(1) ROW cost'iszestirriated'at 44% of construction cost based on recent TIF studies in <br />Table C-12"(Item b):1. <br />(2) Source. Appe6dix''C, Table C-17 (Items c and d) <br />(3) ROW cost per lane mile (Item 1) multiplied by the associated section design weight <br />(Item 2) for each design type and added together <br />Tindale -Oliver & Associates, Inc. Indian River County <br />January 2014 <br />C-4 Impact Fee Update Study <br />
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