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04/22/2014
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04/22/2014
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Last modified
4/4/2018 6:38:00 PM
Creation date
3/23/2016 8:54:25 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
04/22/2014
Meeting Body
Board of County Commissioners
Book and Page
153
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FilePath
H:\Indian River\Network Files\SL00000E\S0004BG.tif
SmeadsoftID
14195
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E Affordable Growth calculates a "buy -down <br />curve" for each fee program area <br />• Amount of buy down from calculated fee based on <br />projected population growth <br />• Factors -in improvements and revenues needed to <br />maintain LOS <br />Transportation Impact Fee <br />o Affordable Growth Methodology <br />• At 2%/yr. growth residential and non-residential <br />traffic fees could be reducedl0% <br />• At 2%/yr. growth reducing only non-residential <br />fees reduces those traffic fees 55% <br />- Keeps traffic fees for residential at calculated amount <br />(no reduction) <br />- 2% is BEBR high projection <br />4/2.x/2014 <br />Transportation Impact Fee <br />o Affordable Growth Methodology <br />10 00% <br />14 <br />Affordable Growth <br />e Apply 2% growth rate for traffic <br />E Significant projects in next 5 years <br />• 66th Ave. widen SR 60 to 491h St. - $15.4 million <br />• 66'h Ave. widen 491h St. to 81" St. - $15.3 million <br />• C.R. 510 widening - $29.4 million <br />• 43rd Ave. 18th to 26th St. $16.4 million <br />• Other projects (37sh St., 58th Ave./ SR 60) <br />I . 4 <br />
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