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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 />• <br />Table V-11 <br />Calculated Library Facilities Impact Fee Schedule <br />• <br />' Residents Net Cost per Impact , <br />Residential Land Use <br />per Unit Ill Resident(2) �, Fee(3) <br />Residential <br />Administrative lIr Total Impact <br />i Fee(4) II Fee(5)I� <br />Current i' Percent <br />Adopted Fee(6) Changem , <br />Single Family (less than 1,500sf) <br />2.05 <br />$309.91 <br />$635:+32 <br />p• •: w,$15.88 <br />$651.20 <br />$440.75 <br />47.7% <br />Single Family (1,500 to 2,499 sf) <br />2.23 <br />$309.91 <br />, ` $691.10 <br />x;:$17.28 <br />$708.38 <br />$495.08 <br />43.1% <br />Single Family (2,500 sf or greater) <br />2.47 <br />$309.91 <br />' '$765.48 <br />$19 14 <br />$784.62 <br />$537.10 <br />46.1% <br />Multi-Family/Accessory Unit <br />1.23 <br />$309.91: <br />`\$381.19 <br />$9.53 <br />$390.72 <br />$292.13 <br />33.7% <br />Mobile Home/RV Park (tied down) <br />1.44 <br />$309.91 <br />``-$446.27 <br />:'^, $11.16 <br />$457.43 <br />$357.73 <br />27.9% <br />(1) Source Appendix A, Table A-2 <br />2) Source Table V-10 <br />3) Residents per unit (Item 1) multiplied by net cost per resident•(Item 2) <br />(4) Impact fee (Item 3) multiplied by 2.5% to calculate the administrative fee <br />(5) Sum of the impact fee (Item 3) and the administrative fee (Item 4) w • <br />(6) Source: Indian River County Fees shown include. a`2: 5% administrative;fee. <br />(7) Percent change from the current adopted rates (Item 6) to.the total impact fee"(Iteni 5) <br />Tindale -Oliver & Associates, Inc. <br />January 2014 <br />56 <br />Indian River County <br />Impact Fee Update Study <br />
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