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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-8 <br /> CEI Cost Adjustment—County Roads <br /> SectionWeighted CEI <br /> CEI Cost per Lane <br /> Road Type Mile(i) Distribution(2) Mile(3) <br /> Urban Design $162,000 34% $55,000 <br /> Rural Design $134,000 66% $88,000 <br /> Weighted Average CEI Cost per Lane Mile $143,000 <br /> (1) CEI cost is estimated at 9% of construction cost based on recent TIF studies in <br /> Table C-16(Item a). <br /> (2) Source:Appendix C,Table C-17(Items c and d) <br /> (3) CEI 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 /> The CEI cost factor for state roads was estimated as a percentage of the construction cost <br /> per lane mile. This factor was determined through a review of the CEI-to-construction cost <br /> ratios for state road unit costs in previously completed impact fee studies throughout <br /> Florida. For state roadways, the CEI factors ranged from 8 percent to 17 percent, with a <br /> weighted average of 11 percent. For purposes of this update study, the CEI cost for state <br /> roads was calculated at 11 percent of the construction cost per lane mile (see Table C-16 for <br /> additional information). <br /> Table C-9 <br /> CEI Cost Adjustment—State Roads <br /> CEI Cost per Lane Section Design Weighted CEI <br /> Road Type (1) (2) Cost per Lane <br /> Mile Distribution Mile(3) <br /> Urban Design $220,000 34% $75,000 <br /> Rural Design $183,000 66% $121,000 <br /> Weighted Average CEI Cost per Lane Mile $196,000 <br /> (1) CEI cost is estimated at 11% of construction cost based on recent TIF studies in <br /> Table C-16(Item b). <br /> (2) Source:Appendix C,Table C-17(Items c and d) <br /> (3) CEI 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-7 Impact Fee Update Study <br /> 'Z.23 <br />
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