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Indian River County I Impact Fee Update Study <br /> Table V-1 <br /> Library Land & Building Inventory Total Building <br /> Year (2) Square Land Building and Land <br /> Facility Description Address <br /> Main Library 160021st Street,Vero Beach,FL32960 1991 4.180 49,286 $209,000 $11,828,640 $12,037,640 <br /> North County Library 1001 CR 512,Sebastian, FL 32958 1993 4.115 25,445 $205,750 $6,106,800 $6,312,550 <br /> Law Library 200016th Avenue,Vero Beach,FL 32960 1994 n/a 3,993 n/a $958,320 $958,320 <br /> Gifford Youth Activities Center Library 4875 43rd Avenue,Vero Beach,FL 32967 n/a n/a 1,513 n/a $363,120 $363,120 <br /> Brackett Library 16155 College Lane,Vero Beach,FL32966 2009 n/a 30,000 n/a $7,200,000 $7,200,000 <br /> Total 8.295 110,2371 $414,750 $26,456,8801 $26,871,630 <br /> Land Value per Acre(7) $50,000 <br /> Building Value per Square FootlB� $240 <br /> (1) Source:Indian River County <br /> (2) Source: Indian River County; Land associated with Law,Gifford Youth Activities Center and Brackett Libraries are not included because they are either not <br /> owned by the County or are accounted for in another impact fee program area <br /> (3) Source: Indian River County <br /> (4) Acres(Item 2)multiplied by the land value per acre(Item 7) <br /> (5) Square footage(Item 3)multiplied by building value per square foot(Item 8) <br /> (6) Sum of land value(Item 4)and building value(Item 5) <br /> (7) Based on a review of vacant land sales and values. See Appendix F for additional detail. <br /> (8) Based on recent construction,insurance values,and other available materials. See Appendix F for additional detail. <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> June 2014 51 Impact Fee Update Study <br /> ao <br />