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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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0 <br />• <br />Indian River County 1 Impact Fee Update Study <br />Affordable Growth Strategy <br />As presented in Figure III -1, due to the availability of a Targe amount of non -impact fee <br />revenue and relatively low growth rate, the County does not need any impact fee revenues <br />to maintain the current LOS. If the County decides not to use the recurring revenues <br />toward future customer convenience centers, the calculated impact fee for a mid-size single <br />family home would be approximately $210 ($94.34 multiplied by 2.23 persons per housing <br />unit) and the full impact fee would be needed for this service z._ <br />160% <br />140% <br />120% <br />« 100% <br />m 80% <br />r+ <br />O <br />60% <br />40% <br />20% <br />0% <br />Figure 111-1 <br />Solid Waste Impact Fee — Affordable Growth'Approach <br />IRC Average <br />Annual <br />Total Cost <br />Maximum Impact Fee <br />LOS Curve ' <br />0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% 9.00% 10.00% <br />Annual Growth Rate <br />Solid Waste -Impact Fee Schedule Comparison <br />As mentioned previously, solid:waste impact fees are relatively rare. Table 111-6 presents the <br />comparison of Indian'River.rCo'unty's existing and calculated fees to those jurisdictions that <br />do collect a solid waste impact fee. <br />Tindale -Oliver & Associates, Inc. Indian River County <br />January 2014 30 Impact Fee Update Study <br />
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