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Indian River County I Impact Fee Update Study <br /> foot for high schools are used in this study, which is based on the insurance values that are <br /> also consistent with costs obtained from other Florida jurisdictions and represent a <br /> conservative estimate. <br /> Table G-2 <br /> Construction Cost Analysis—Indian River County <br /> Year Construction Net Constrution <br /> Built Cost Square Feet(4) Cost per NSF <br /> 2009 IStorm Grove Middle School $34,106,673 141,066 $242 <br /> 2012 JVero Beach Elementary $17,243,103 110,495 $156 <br /> Educational Plant Survey Estimates for School Additions(6) $228-$343 <br /> Insurance Values of Existing School Buildings:(') <br /> - Elementary Schools $146 <br /> - Middle Schools $175 <br /> - High Schools $186 <br /> -All Traditional Schools $165 <br /> (1),(2),(3),(4) Source: Indian River County School District <br /> (5)Construction cost(Item 3)divided by net permanent square feet(Item 4) <br /> (6)Source: IRC School District Educational Plant Five Year Survey Report,August 23,2013 <br /> (7)Source:IRC Statement of Values for School Facilities,2013 <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> June 2014 G-3 Impact Fee Update Study <br />