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11/10/2015 Impact Fee Update
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11/10/2015 Impact Fee Update
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Last modified
7/2/2018 2:04:05 PM
Creation date
3/3/2016 10:42:06 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
11/10/2015
Meeting Body
Board of County Commissioners
Subject
Impact Fee Update Study
Tindale Oliver & Associates
Supplemental fields
SmeadsoftID
13707
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Indian River County I Impact Fee Update Study <br /> as well as the mix of planned urban and rural designed roadways. Compared to other <br /> jurisdictions, Indian River County plans to construct a greater proportion of rural designed <br /> roadways, which are less expensive than roadways with urban design characteristics. <br /> Table IX-3 <br /> Estimated Cost per Lane Mile <br /> for County and State Roadway Projects in Indian River County <br /> RoadsCost Phase County State County and <br /> Roads(l) Roads(2) State <br /> Design $159,000 $196,000 $162,000 <br /> Right-of-Way $656,000 $781,000 $667,000 <br /> Construction $1,598,000 $1,776,000 $1,614,000 <br /> CEI143 000196 000 $148,000 <br /> Total Cost $2,556,000 $2,949,000 $2,591,000 <br /> Lane Mile Distribution(4) 91% 9510 100.0 <br /> (1) Source:Table IX-1 <br /> (2) Source:Table IX-2 <br /> (3) Lane mile distribution (Item 4) multiplied by the design, ROW, construction, and <br /> CEI phase costs by jurisdiction to develop a weighted average cost per lane mile <br /> (4) Source:Appendix C,Table C-17, Items(a)and(b) <br /> Capacity Added per Lane Mile <br /> An additional component of the transportation impact fee equation is the capacity added <br /> per lane mile (also known as the maximum service volume added per mile) of roadway <br /> constructed. To calculate the vehicle miles of capacity (VMC) per lane mile of constructed <br /> future roadway, an analysis of the 2035 projects (see Appendix C, Table C-17) was <br /> conducted to reflect the mix of county and state road improvement that will be built in the <br /> future. As shown in Table IX-4, the resulting average capacity per lane mile calculated <br /> based on these projects is 8,255. <br /> The updated capacity added per lane mile estimate of 8,255 is approximately three percent <br /> less than the figure used in the 2004 Traffic Impact Fee Study. It should be noted that this <br /> figure (8,499) was not changed as part of the 2009 update. <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> June 2014 113 Impact Fee Update Study <br /> , y8 <br />
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