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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 1 Impact Fee Update Study <br />Table C-4 <br />Right -of -Way Cost Adjustment — County Roads <br />Road Type <br />Urban Design <br />Rural Design <br />ROW Cost per Section Design <br />Lane Mile(1) Distribution(2) <br />$738,000 <br />$613,000 <br />34% <br />66% <br />Weighted Average ROW Cost per Lane Mile <br />Weighted ROW <br />Cost per Lane <br />Mile(3) <br />$251,000 <br />$405,000 <br />$656,000 <br />(1) ROW cost is estimated at 41% of construction cost based on recent IRC <br />improvements in Table C-11 (Item 2). <br />(2) Source: Appendix C, Table C-17 (Items c and d) <br />(3) ROW cost per lane mile (Item 1) multiplied by the associated section design weight <br />(Item 2) for each design type and added together. <br />State Roadways <br />Due to a lack of local acquisition data, the ROW cost for state roads was estimated as a <br />percentage of the construction cost per lane mile. This factor was determined through a <br />review of the ROW -to -construction cost ratios for state road unit costs in previously <br />completed impact fee studies throughout Florida. For state roadways, the ROW factors <br />ranged from 20 percent to 71 percent, with a weighted average of 44 percent. For <br />purposes of this update study, the ROW cost for state roads was calculated at 44 percent of <br />the construction cost per lane mile (see Table C-12 for additional information). <br />Table C-5 <br />Right -of -Way Cost Adjustment — State Roads <br />Road Type <br />Urban Design <br />Rural Design <br />ROW Cost per Section Design <br />Lane Mile(1) Distribution(2) <br />$880,000 <br />$730,000 <br />34% <br />66% <br />Weighted Average ROW Cost per Lane Mile <br />' Weighted ROW <br />Cost per Lane <br />Mile(3) <br />$299,000 <br />$482,000 <br />$781,000 <br />(1) ROW cost is estimated at 44% of construction cost based on recent TIF studies in <br />Table C-12 (Item b). <br />(2) Source: Appendix C, Table C-17 (Items c and d) <br />(3) ROW cost per lane mile (Item 1) multiplied by the associated section design weight <br />(Item 2) for each design type and added together. <br />Tindale -Oliver & Associates, Inc. Indian River County <br />June 2014 <br />C-4 Impact Fee Update Study <br />2.10 <br />
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