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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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• <br />Indian River County 1 Impact Fee Update Study <br />County purchased land for Station 13 in 2010 at a cost of $121,000 per acre. This <br />information along with relevant vacant land value and sales information are summarized in <br />Table F-8. <br />CIM <br />Table F-8 <br />Land Value Anal sis - Emer enc Services Facilities <br />• <br />Vaha |~n) <br />Value of Current Parcels <br />- <br />Year <br />I013`. <br />Average <br />Value <br />Land <br />per <br />$101802 <br />Cost of Recent Land Purchases(2) <br />/. 2616 <br />$170517 <br />Value of Vacant Land: <br />~/. <br />''�� <br />._ <br />N/estIRC 'Res�en�o/ <br />�^+'�' <br />~`` `\. <br />'4to6acres <br />'' ,, <br />2018 ` <br />>� <br />$17855 <br />'6to1Sacres <br />•/' <br />2013 <br />�� <br />105 <br />West IRC 8 <br />ALondUses <br />`� �' <br />`' <br />�N <br />- 4 to 6 acres <br />\ ~� <br />~ (d8 <br />$} ,~27, <br />'6to1Sacres '_''. <br />\:;,:,-.' <br />�`-3 <br />���~6;:` <br />.,` <br />[nuntym/�/e'Res��en�o/ ' � <br />- <br />' \. <br />'4to6acres � ''``,� <br />� <br />� <br />�2013 <br />$21884 <br />'6to1Sacres _ <br />^` .-`� <br />26i3\, <br />$24620 <br />Countywide:- Ali-LandUses` <br />',„ �'�� <br />`'.` <br />4to6ati7es' —``� -. \ <br />�� ,'' _. <br />-'.:2018 '' <br />$26741 <br />. <br />'6to1Saeres <br />-,-' , <br />2013 <br />$33543 <br />Vacant Land ' s: / / <br />-N/��s��� <br />West -IRC- �-'. .~ ` .,. <br />� `. ` <br />'�4�6��s ` ' '` <br />�„.'-) <br />2010-2012 <br />$43,238 <br />'Gto1S� "e` \` �` <br />�� � <br />2010'2012 <br />$59271 <br />� ` <br />',West IRC A�londUses'". /_, <br />`';4to6acres ^\ ^s' ,- <br />2010'I012 <br />$51252 <br />��'1Sacres ��\ ,. <br />� <br />2010'2012 <br />$56403 <br />` <br />[ouhty�ide'Residential <br />'4to`aces .�',:-/ <br />2010'2012 <br />$42109 <br />'6to1Sa`� `— // <br />2010'I812 <br />$61,063 <br />Countywide ' kand Uses <br />4to6acres <br />I010'201I <br />$49868 <br />'6to1Sacres <br />2818'2012 <br />$63,042 <br />` <br />Used in the Study <br />2013 <br />$60,000 <br />(1) Source: Indian River County Property Appraiser Datbase <br />(2) Source: Indian River County; Represents land purchase for Station 13, made in 2010 <br />Tindale -Oliver & Associates, Inc. <br />January 2014 <br />Indian River County <br />F12 Impact Fee Update Study <br />
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