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Indian River County I Impact Fee Update Study <br /> County identified 12 recent improvements with acquisition data. Using the construction <br /> costs for these improvements, a ROW factor of construction was calculated for each <br /> improvement, ranging from six (6) to 150 percent, with a weighted average of <br /> approximately 41 percent. This calculated local factor was consistent with county road <br /> ROW factors observed in recent impact fee studies throughout Florida and was used as the <br /> basis for ROW costs in Indian River County. As seen in Table IX-1, this amount is equal to <br /> approximately $0.66 million per lane mile for county roads. Additional detail is provided in <br /> Appendix C,Tables C-4, C-5, C-11, and C-12. <br /> Construction <br /> The construction cost for county roads was based on a review of local and statewide <br /> projects. A review of recent construction cost data for Indian River County identified 12 <br /> recent capacity expansion improvements throughout the County. Based on these <br /> improvements, a weighted average cost of $1.80 million per lane mile was calculated for <br /> use in the impact fee calculation (as seen in Table IX-1). This figure was compared to the <br /> average construction cost per lane mile observed in other jurisdictions throughout the <br /> state. These statewide projects averaged approximately $2.18 million per lane mile for <br /> construction. Therefore, compared to the statewide data, local Indian River costs are <br /> approximately 83 percent of the statewide average. Additional detail is provided in <br /> Appendix C,Tables, C-6, C-7, C-13, and C-14. <br /> Table IX-1 <br /> Estimated Total Cost per Lane Mile for County Roads <br /> Cost per Lane Mile <br /> Cost Phase Urban Rural Weighted <br /> Design Design Average <br /> Design(l) $180,000 $149,000 $159,000 <br /> Right-of-Way(2) $738,000 $613,000 $656,000 <br /> Construction(3) $1,800,000 $1,494,000 $1,598,000 <br /> CEI(4) $162,0001 $134,00 $143,0 <br /> Total Cost $2,880,0001 $2,390,0001 $2,556,000 <br /> (1) Source:Appendix C,Table C-2 <br /> (2) Source:Appendix C,Table C-4 <br /> (3) Source:Appendix C,Table C-6 <br /> (4) Source:Appendix C,Table C-8 <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> June 2014 110 Impact Fee Update Study <br /> t y5 <br />