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• <br />• <br />• <br />Indian River County 1 Impact Fee Update Study <br />construction, to build a new road. A review of recent ROW cost data for Indian River <br />County identified 12 recent improvements with acquisition data. Using the construction <br />costs for these improvements, a ROW factor of construction was calculated for each <br />improvement, ranging from six (6) to 150 percent, with a weighted average of <br />approximately 41 percent. This calculated local factor was consistent with county road <br />ROW factors observed in recent impact fee studies throughout Florida and was used as the <br />basis for ROW costs in Indian River County. As seen in Table X-1, this amount is equal to <br />approximately $0.66 million per lane mile for county roads. 'additional detail is provided in <br />Appendix C, Tables C-4, C-5, C-11, and C-12. <br />Construction <br />The construction cost for county roads was based on a review of local and statewide <br />projects. A review of recent construction ost data for Indian River County identified 12 <br />recent capacity expansion improvements throughout the County. Based on these <br />improvements, a weighted average cost of $1 80 million ",per lane mile was calculated for <br />use in the impact fee calculation(as seen in Table X=1) This figure was compared to the <br />average construction cost per Zane. mile observed in other jurisdictions throughout the <br />state. These statewide projects averaged approximately $218 million per lane mile for <br />construction. Therefore ompared totem stawidedata, local Indian River costs are <br />approximately 83,percent of‘the statewide average. °Additional detail is provided in <br />Appendix C, Tables, C6; C-7, C -137 -and C-14. <br />Estimated Total Cost per Lane Mile for County Roads <br />Cost Phase <br />Design(1) <br />Right -of -Way(?) <br />Construction(3) <br />CEI(4) <br />Total Cost <br />Cost per Lane Mile <br />Urban <br />Design <br />$180,000 <br />$738,000 <br />$1,800,000 <br />$162,000 <br />$2,880,000 <br />Rural <br />Design <br />$149,000 <br />$613,000 <br />$1,494,000 <br />$134,000 <br />$2,390,000 <br />Weighted <br />Average <br />$159,000 <br />$656,000 <br />$1,598,000 <br />$143,000 <br />$2,556,000 <br />(1) Source: Appendix C, Table C-2 <br />(2) Source: Appendix C, Table C-4 <br />(3) Source: Appendix C, Table C-6 <br />(4) Source: Appendix C, Table C-8 <br />Tindale -Oliver & Associates, Inc. <br />January 2014 <br />Indian River County <br />107 Impact Fee Update Study <br />