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06/11/2014 (2)
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06/11/2014 (2)
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Last modified
4/4/2018 6:26:43 PM
Creation date
12/14/2016 1:19:10 PM
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Meetings
Meeting Type
Workshop Meeting
Document Type
Agenda Packet
Meeting Date
06/11/2014
Meeting Body
Board of County Commissioners
Subject
Impact Fee
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Indian River County I Impact Fee Update Study <br />Staff Recommended Fee Rate <br />In the case of parks and recreation facilities impact fee, the County staff recommends <br />adopting the affordable growth fees with a 25 -percent discount. This approach takes into <br />consideration the expected capital needs over the next several years and will be reviewed <br />during the next technical study update. <br />Table VIII -11 <br />Calculated Parks & Recreation Impact Fee Schedule — Staff Recommended Fee Rates <br />Staff Total Current <br />Impact Percent <br />Land Use Recommended Impact Adopted <br />UnitChangei4l <br />Adjustment(1) Fee (2) Fee (3) <br />Residential <br />Single Family (less than 1,000sf) <br />du <br />75% <br />$1,170 <br />$1,302 <br />-10.1% <br />Single Family (1,000 to 1,499sf) <br />du <br />75% <br />$1,263 <br />$1,302 <br />-3.0% <br />Single Family (1,500 to 2,499sf) <br />du <br />75% <br />$1,343 <br />$1,463 <br />-8.2% <br />Single Family (2,500 sf or greater) <br />du <br />75% <br />$1,493 <br />$1,587 <br />-5.9% <br />Multi-Family/Accessory Unit <br />du <br />75% <br />$767 <br />$884 <br />-13.2% <br />Mobile Home/RV Park (tied down) <br />du <br />75% <br />$749 <br />$942 <br />-20.5% <br />(1) Source: Indian River County Staff recommends charging 75 percent of the affordable growth fee rates <br />(2) Total impact fee from Table VIII -10 multiplied by the staff recommended adjustment (Item 1) <br />(3) Source: Indian River County. Fees do not include the administrative fee <br />(4) Percent change from the current adopted rates (Item 3) to the calculated total impact fee rate (Item 2) <br />Parks & Recreation Facilities Impact Fee Schedule Comparison <br />As part of the work effort in updating Indian River County's parks and recreation impact fee <br />program, a comparison impact fee schedules was completed for surrounding counties and <br />other jurisdictions throughout Florida. Table VIII -12 presents this comparison. <br />Tindale -Oliver & Associates, Inc. Indian River County <br />June 2014 103 Impact Fee Update Study <br />138 <br />
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