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c <br />Indian River County 1 Impact Fee Update Study <br />Table X-3 <br />Facility Cost per Student Station <br />Cost Component <br />Net Square Feet per Student Station(1) <br />Elementary <br />School <br />144.7 <br />Middle <br />School <br />140.5 <br />High <br />School <br />157.9 <br />Weighted <br />Average <br />147.7 <br />School Facility Cost Components: <br />Architectural/Civil Design/Site Improvement <br />Cost per Net Sq Ft(2) <br />$29.00 <br />$35.00 <br />$37.00 <br />$33.01 <br />Construction Cost per Net Sq Ft(3) <br />$145.00 <br />$175.00 <br />$185.00 <br />$165.04 <br />FF&E Cost per Net Sq Ft(4) <br />$10.15 <br />$12.25 <br />$12.95 <br />$11.55 <br />Land Cost per Net Sq Ft(5) <br />$11.60 <br />$13.30 <br />$14.50 <br />$12.40 <br />Total Facility Cost per Net Sq Ft(6) <br />$195.75 <br />$235.55 <br />$249.45 <br />$222.00 <br />Total Facility Cost per Student Station(7) <br />$28,325 <br />$33,095 <br />$39,388 <br />$32,789 <br />(1) <br />(2) <br />Source: Table X-2 <br />Estimated at 20% of the construction cost based on estimates obtained from the Indian River County School District and recent <br />cost obtained from other Florida School Districts. Detailed information on cost estimates is included in Appendix G. <br />(3) Construction cost is estimated to range from $145 per net square foot to $185 per net square foot, based on information obtained <br />from the Indian River County School District and recently constructed schools in other Florida jurisdictions. Detailed information <br />on cost estimates is included in Appendix G. <br />(4) Estimated at 7% of the construction cost based on estimates obtained from the Indian River County School District and recent cost <br />obtained from other Florida School Districts. Detailed information on cost estimates is included in Appendix G. <br />(5) The land cost per square foot for each school type is based on the acreage per 1,000 permanent square feet for future schools <br />at a cost of $50,000 per acre. This cost per acre figure is based on the land value of current schools within the county and average <br />land values for vacant land throughout the county. Further information is included in Appendix G. <br />(6) Sum of the school facility cost per net square foot (Items 2 thru 5) <br />(7) The net square feet per permanent student station (Item 1) multiplied by the total school facility cost per net square foot (Item 6) <br />for each respective school type. <br />—I Tindale -Oliver & Associates, Inc. <br />Indian River County <br />June 2014 132 Impact Fee Update Study <br />