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Indian River County I Impact Fee Update Study <br /> were estimated at 83 percent of the state average of $2.44 million. Additional detail is <br /> provided in Appendix C,Table C-15. <br /> Table IX-2 <br /> Estimated Total Cost per Lane Mile for State Roads <br /> Cost per Lane Mile <br /> Cost Phase Urban Rural Weighted <br /> Design Design Average$220,000 $183,000 $196,000 <br /> Right-of-Way(2) $880,000 $730,000 $781,000 <br /> Construction(3) $2,000,000 $1,660,000 $1,776,000 <br /> CEI(4) $220,000 $183,0001 $196,000 <br /> Total Cost $3,320,000 $2,756,000 $2,949,000 <br /> (1) Source:Appendix C,Table C-3 <br /> (2) Source:Appendix C,Table C-5 <br /> (3) Source:Appendix C,Table C-7 <br /> (4) Source:Appendix C,Table C-9 <br /> Summary of Costs (Blended Cost Analysis) <br /> The weighted average cost per lane mile for county and state roads is presented in Table X- <br /> 3. The resulting weighted average cost of approximately $2.59 million per lane mile was <br /> utilized as the roadway cost input in the calculation of the transportation impact fee <br /> schedule. The weighted average cost per lane mile includes county and state roads and is <br /> based on weighting the lane miles of roadway improvements in the Long Range <br /> Transportation Plan (LRTP). <br /> Compared to the previous transportation impact fee update, the estimated cost of $2.59 <br /> million represents a slight increase in the unit cost per lane mile for roadway. The previous <br /> cost, established in a 2004 Traffic Impact Fee Study, was estimated at $2.46 million. This <br /> represents a five percent increase in the roadway unit cost per lane mile since the 2004 <br /> study. <br /> Compared to recent transportation impact fee studies completed throughout Florida in the <br /> past few years, the unit cost per lane mile estimated in this update study for Indian River <br /> County is considerably lower. Recent unit costs have ranged from approximately $2.91 <br /> million to $4.44 million, with an average cost of $3.61 million. The lower costs in Indian <br /> River County can be attributed to the lower construction costs observed in recent local bids <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> June 2014 112 Impact Fee Update Study <br /> 147 <br />