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Indian River County I Impact Fee Update Study
<br /> Table IV-1
<br /> Summary of Public Buildings Facilities Inventory
<br /> (11
<br /> Year Building (1) Building Land Total
<br /> Facility Built(1) Square Feet(1) Acreage Value(2) Value(3) Value(4)
<br /> Primary Buildings
<br /> New County Admin. Building Complex 2007 177,092 5.71 $37,189,320 $513,900 $37,703,220
<br /> Health Department Building 1990 39,130 1.90 $8,217,300 $171,000 $8,388,300
<br /> Courthouse-Judicial Complexly 1994 116,007 2.17 $24,361,470 $195,300 $24,5561770
<br /> Administration Annex 1962 8,400 0.81 $1,764,000 $72,900 $1,836,900
<br /> Road&Bridge/Traffic Facilities Varies 18,350 11.16 $3,853,500 $1,004,400 $4,857,900
<br /> Transit Admin. Building 2012 8,171 2.86 $1,715,910 $257,400 $1,973,310
<br /> Supervisor of Elections Sub-Annex(43rd Ave) 2006 31,238 5.82 $6,559,980 $523,800 $7,083,780
<br /> Emergency Operations Center 2007 16,000 13.38 $3,360,000 $1,204,200 $4,564,200
<br /> Old Humane Society Building 1986 n a 4.77 n a429 300 429 300
<br /> Subtotal--Primary Buildings 414,388 48.581 $87,021,480 $4,372,200 1 $91,393,680
<br /> Support Buildings
<br /> Courthouse-Judicial Complex Parking Garage 1994 135,780 1.49 $6,789,000 $134,100 $6,923,100
<br /> Fleet Management Facility 2004 15,673 3.62 $783,650 $325,800 $1,109,450
<br /> Subtotal--Support Buildings 151,453 5.11 $7,572,650 $459,900 $8,032,550
<br /> Total--All Buildings 565,841 53.69 S94,594,1301 $4,832,1001 $99,426,230
<br /> Unit Cost(6) $167.17 $90,000
<br /> (1) Source:Indian River County
<br /> (2) Based on$210 per square foot for primary buildings and$50 per square foot for support facilities
<br /> (3) Based on$90,000 per acre
<br /> (4) Sum of building value(Item 2)and land value(Item 3)
<br /> (5) Excludes square footage associated with Law Library,which is included as part of the inventory used in the library impact fee
<br /> (6) Total building and land value divided by total building square footage and acreage,respectively. See Appendix F for further detail.
<br /> Indian River County
<br /> Tindale-Oliver&Associates, Inc.
<br /> J
<br /> 36 Impact Fee Update Study
<br /> June 2014
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