01/22/2014 (2) - Laserfiche WebLink

Home Browse Search

0 • a Indian River County 1 Impact Fee Update Study Table C-8 CEI Cost Adjustment — County Roads Road Type CEI Cost per Lane Mile(i) Section Design, Distribution(z) Weighted -CEI)" Cost per Lanel i. Urban Design $220,000 34% Mile i Urban Design $162,000 34% $55,000 Rural Design $134,000 66% $88,000 Weighted Average CEI Cost per LaneMile $143,000 (1) CEI cost is estimated at 9% of construction cost basedfon recent TIF studies in Table C-16 (Item a). (2) Source: Appendix C, Table C-17 (Items c and d),E:f3 (3) CEI cost per lane mile (Item 1) multiplied by theassociated`s ection design weight (Item 2) for each design type and added together. State Roadways The CEI cost factor for state roads was estimated: as a percentage of the construction cost per lane mile. This factor was determined through a re iew of the CEI -to -construction cost ratios for state road unit costs in -previously completed impact fee studies throughout Florida. For state roadways, the CEI ranged from 8 percent to 17 percent, with a weighted average of 113percent. For purposes of this.„updatee:study, the CEI cost for state :_\ _s roads was calculated at=11 percent of the`construction'cost.per lane mile (see Table C-16 for �z additional information)._ Table C;5 CE ,Cost Adjustment= State Roads Road Type CEI Cost per Lane, Mile SectionDesign '2' Distribution Weighted CEI ” Cost per Lane Milef,.. (3) Urban Design $220,000 34% $75,000 Rural Design $183,000 66% $121,000 Weighted Average CEI Cost per Lane Mile $196,000 (1) CEI cost is estimated at 11% of construction cost based on recent TIF studies in Table C-16 (Item1b) (2) Source: Appendix C, Table C-17 (Items c and d) (3) CEI cost per lane mile (Item 1) multiplied by the associated section design weight (Item 2) for each design type and added together. Tindale -Oliver & Associates, Inc. January 2014 Indian River County C-7 Impact Fee Update Study