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Indian River County 1 Impact Fee Update Study <br />were estimated at 83 percent of the state average of $2.44 million. Additional detail is <br />provided in Appendix C, Table C-15. <br />Table IX -2 <br />Estimated Total Cost per Lane Mile for State Roads <br />Cost per Lane Mile <br />Cost Phase Urban Rural Weighted <br />Design Design Average <br />Design') $220,000 $183,000 $196,000 <br />Right-of-Way(2) $880,000 <br />$730,000 <br />$781,000 <br />Construction(3) $2,000,000 <br />$1,660,000 <br />$1,776,000 <br />CEI (4) $220,000 <br />$183,000 <br />$196,000 <br />Total Cost $3,320,000 <br />$2,756,000 <br />$2,949,000 <br />1) Source: Appendix C, Table C-3 <br />(2) Source: Appendix C, Table C-5 <br />3) Source: Appendix C, Table C-7 <br />(4) Source: Appendix C, Table C-9 <br />Summary of Costs (Blended Cost Analysis) <br />The weighted average cost per lane mile for county and state roads is presented in Table X- <br />3. The resulting weighted average cost of approximately $2.59 million per lane mile was <br />utilized as the roadway cost input in the calculation of the transportation impact fee <br />schedule. The weighted average cost per lane mile includes county and state roads and is <br />based on weighting the lane miles of roadway improvements in the Long Range <br />Transportation Plan (LRTP). <br />Compared to the previous transportation impact fee update, the estimated cost of $2.59 <br />million represents a slight increase in the unit cost per lane mile for roadway. The previous <br />cost, established in a 2004 Traffic Impact Fee Study, was estimated at $2.46 million. This <br />represents a five percent increase in the roadway unit cost per lane mile since the 2004 <br />study. <br />Compared to recent transportation impact fee studies completed throughout Florida in the <br />past few years, the unit cost per lane mile estimated in this update study for Indian River <br />County is considerably lower. Recent unit costs have ranged from approximately $2.91 <br />million to $4.44 million, with an average cost of $3.61 million. The lower costs in Indian <br />River County can be attributed to the lower construction costs observed in recent local bids <br />Tindale -Oliver & Associates, Inc. Indian River County <br />June 2014 112 Impact Fee Update Study <br />147 <br />