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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 /> Table C-4 <br /> Right-of-Way Cost Adjustment—County Roads <br /> ROW Cost per Section Design Weighted ROW <br /> Road Type (1) (2) Cost per Lane <br /> Lane Mile Distribution Mile(3) <br /> Urban Design $738,000 34% $251,000 <br /> Rural Design $613,000 66% $405,000 <br /> Weighted Average ROW Cost per Lane Mile $656,000 <br /> (1) ROW cost is estimated at 41% of construction cost based on recent IRC <br /> improvements in Table C-11(Item 2). <br /> (2) Source:Appendix C,Table C-17(Items c and d) <br /> (3) ROW cost per lane mile(Item 1)multiplied by the associated section design weight <br /> (Item 2)for each design type and added together. <br /> State Roadways <br /> Due to a lack of local acquisition data, the ROW cost for state roads was estimated as a <br /> percentage of the construction cost per lane mile. This factor was determined through a <br /> review of the ROW-to-construction cost ratios for state road unit costs in previously <br /> completed impact fee studies throughout Florida. For state roadways, the ROW factors <br /> ranged from 20 percent to 71 percent, with a weighted average of 44 percent. For <br /> purposes of this update study, the ROW cost for state roads was calculated at 44 percent of <br /> the construction cost per lane mile (see Table C-12 for additional information). <br /> Table C-5 <br /> Right-of-Way Cost Adjustment—State Roads <br /> ROW Cost per Section Design Weighted ROW <br /> Road Type (1) (2) Cost per Lane <br /> Lane Mile Distribution Mile(3) <br /> Urban Design $880,000 34% $299,000 <br /> Rural Design $730,000 66% $482,000 <br /> Weighted Average ROW Cost per Lane Mile $781,000 <br /> (1) ROW cost is estimated at 44%of construction cost based on recent TIF studies in <br /> Table C-12(Item b). <br /> (2) Source:Appendix C,Table C-17(Items c and d) <br /> (3) ROW cost per lane mile(Item 1)multiplied by the associated section design weight <br /> (Item 2)for each design type and added together. <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> June 2014 C-4 Impact Fee Update Study <br /> 2 LD <br />
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