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Indian River County I Impact Fee Update Study <br /> Table IX-4 <br /> Weighted Average Vehicle-Miles of Capacity per Lane Mile <br /> Source Lane Mile Vehicle Miles of VIVIC Added per <br /> Added(l) Capacity Added(2) Lane Mile(3) <br /> County Roads 201.90 1,632,287 8,085 <br /> State Roads 19.00 191,352 10,071 <br /> Total 220.90 1,823,639 <br /> Weighted Average VMC Added per Lane Mile(4) 8,255 <br /> (1) Source:Appendix C,Table C-17 <br /> (2) Source:Appendix C,Table C-17 <br /> (3) Vehicle miles of capacity added(Item 2)divided by lane miles added(Item 1) <br /> (4) Total vehicle miles of capacity added for county and state roads (Item 2) divided by the <br /> total lane miles added(Item 1) <br /> Cost per Vehicle-Mile of Capacity Added <br /> The impact fee cost per unit of development is assessed based on the cost per vehicle-mile <br /> of capacity. As shown in Tables IX-3 and IX-4, the cost and capacity for county roads have <br /> been calculated based on typical roadway improvements. As shown in Table IX-5, the cost <br /> per VMC for travel within IRC is approximately $314. This average cost per VMC figure is <br /> used in the impact fee calculation to determine the total impact cost per unit of <br /> development based on the vehicle-miles of travel consumed. For each vehicle-mile of travel <br /> that is added to the road system, approximately$314 of roadway capacity is consumed. <br /> Table IX-5 <br /> Weighted Average Cost per Vehicle-Mile of Capacity Added <br /> Cost per Lane Average VIVIC (3) <br /> Source (1) Added per Lane Cost per VIVIC <br /> Mile mile(2) <br /> County Roads $2,556,000 8,085 $316.14 <br /> State Roads $2,949,000 10,071 $292.82 <br /> Weighted Average $2,591,000 8,255 $313.87 <br /> (1) Source:Table IX-3 <br /> (2) Source:Table IX-4 <br /> (3) Cost per lane mile(Item 1)divided by average capacity added per lane mile(Item 2) <br /> It is important to note that capacity projects eligible for impact fee funding include not only <br /> new construction and lane additions, but also associated intersection improvements, traffic <br /> signalization, and other amenities and technology improvements that allow for additional <br /> vehicle capacity. <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> June 2014 114 Impact Fee Update Study <br /> I� <br />