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Indian River County 1 Impact Fee Update Study <br />Table V-1 <br />Library Land & Building Inventory <br />Facility Description <br />Main Library <br />Address <br />1600 21st Street, Vero Beach, FL32960 <br />Year <br />Built (1( <br />1991 <br />Acres(Z) <br />4.180 <br />Square <br />(3 <br />Footage <br />49,286 <br />Land <br />Value (off <br />$209,000 <br />Building <br />Value (5� <br />$11,828,640 <br />Total Building <br />and Land <br />Value (6) <br />$12,037,640 <br />North County Library <br />1001 CR 512, Sebastian, FL 32958 <br />1993 <br />4.115 <br />25,445 <br />$205,750 <br />$6,106,800 <br />$6,312,550 <br />Law Library <br />2000 16th Avenue, Vero Beach, FL32960 <br />1994 <br />n/a <br />3,993 <br />n/a <br />$958,320 <br />$958,320 <br />Gifford Youth Activities Center Library <br />4875 43rd Avenue, Vero Beach, FL32967 <br />n/a <br />n/a <br />1,513 <br />n/a <br />$363,120 <br />$363,120 <br />Brackett Library <br />6155 College Lane, Vero Beach, FL 32966 <br />2009 <br />n/a <br />30,000 <br />n/a <br />$7,200,000 <br />$7,200,000 <br />Total <br />8.295 <br />110,237 <br />$414,750 <br />$26,456,880 <br />$26,871,630 <br />Land Value perAcre(7 <br />$50,000 <br />Building Value per Square Foot(8) <br />$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. <br />Indian River County <br />June 2014 51 Impact Fee Update Study <br />