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Table VI -8 Building Unit Costs ( i ) Additional Cost per Facility Year(2) square footage ' Cost square foot Building Values : Recent Expansions: Main Library Expansion FY 01 /02 - Construction(3 ) 11 , 865 $ 11600 , 000 $ 134 . 85 - Furniture & Equipment(4) 8 ,265 $ 939 , 707 $ 113 . 70 Total $295395707 $248 . 55 North County Library Expansion FY 01 /02 65975 - Construction $ 193159000 $ 188 . 53 - Furniture & Equipment $ 335 ,600 $48 . 11 Total $ 1 ,650 , 600 $236 . 65 Future Expansions: Branch Library ( West or South County) FY 08/09 323000 - Construction(5) $ 55248 , 000 $ 164 . 00 - Furniture & Equipment(5 ) $295809000 $ 80 . 63 Total $ 7, 8285000 $244 . 63 Weighted Average Construction Cost $ 160.56 Weighted Average Furniture & Equipment Cost $81 . 61 ( 1 ) Source : General Services Department, Division of Library Services , and Office of Management and Budget , IRC (2 ) Year completed for recent expansions and year planned for future expansions . ( 3 ) Square footage includes a meeting room and hallway space that had to be demolished and rebuilt during expansion ( 3 , 600 square feet) . (4 ) Square footage is only for expansion . ( 5 ) Estimated costs Initially, the proposed Branch Library was envisioned to be a 25 , 000 - square foot building with a total construction cost of $4 . 1 million, or $ 164 per square foot. Since then, the building size has been increased , but the $4 . 1 million funding level has not been adjusted . For the purposes of this analysis , the unit cost of $ 164 is used to reflect current library construction costs , resulting in a total cost of $ 5 . 2 million . Funding for the entire building is being reviewed by County staff and is not currently budgeted in the County ' s CIP . The following table presents the historical total and unit costs of land . Historical land values per acre range from $ 65 , 871 to $ 191 , 690 . The higher land cost of the Main Library ($ 191 , 690 per acre) can be attributed to its downtown location in Vero Beach . The North County Library is located in Sebastian, which has been growing rapidly and experiencing increasing property values in recent years . According to IRC representatives , the initial land purchase was completed in 1988 for $ 65 , 871 per acre , prior to the increase in land values . The 1997 land purchase cost of $ 183 , 137 per acre Tindale-Oliver & Associates , Inc . Indian River County May 2005 VI - 10 Impact Fee Study