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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 /> Design <br /> County Roadways <br /> The design cost factor for county roads was estimated as a percentage of the construction <br /> cost per lane mile. This factor was determined through a review of the design-to- <br /> construction cost ratios for county road unit costs in previously completed impact fee <br /> studies throughout Florida. For county roadways, the design factors ranged from 6 percent <br /> to 14 percent, with a weighted average of 10 percent. For purposes of this update study, <br /> the design cost for county roads was calculated at 10 percent of the construction cost per <br /> lane mile (see Table C-10 for additional information). <br /> Table C-2 <br /> Design Cost Adjustment—County Roads <br /> Design Cost per Section Design Weighted <br /> Road Type (1) (2) Design Cost per <br /> Lane Mile Distribution Lane Mile(3) <br /> Urban Design $180,000 349/o $61,000 <br /> Rural Design $149,0001 66% $98,000 <br /> Weighted Average Design Cost per Lane Mile $159,000 <br /> (1) Design cost is estimated at 10%of construction cost based on recent TIF studies in <br /> Table C-10(Item a). <br /> (2) Source:Appendix C,Table C-17(Items c and d) <br /> (3) Design cost per lane mile (Item 1) multiplied by the associated section design <br /> weight(Item 2)for each design type and added together. <br /> StateRoadways <br /> The design cost factor for state roads was estimated as a percentage of the construction <br /> cost per lane mile. This factor was determined through a review of the design-to- <br /> construction cost ratios for state road unit costs in previously completed impact fee studies <br /> throughout Florida. For state roadways, the design factors ranged from 10 percent to 14 <br /> percent, with a weighted average of 11 percent. For purposes of this update study, the <br /> design cost for state roads was calculated at 11 percent of the construction cost per lane <br /> mile. See Table C-10 for additional information. <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> June 2014 C-2 Impact Fee Update Study <br /> z ,g <br />
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