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2005-169a
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2005-169a
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Last modified
7/19/2016 11:11:28 AM
Creation date
9/30/2015 8:44:50 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Interlocal Agreement
Approved Date
05/17/2005
Control Number
2005-169A
Agenda Item Number
9.A.1
Entity Name
Tindale-Oliver
Subject
Impact Fee Study Interlocal Agreement
Supplemental fields
SmeadsoftID
4919
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r <br /> unincorporated county area . The current number of officers per 1 , 000 functional <br /> residents is 2 .30 . <br /> Table VIII =4 <br /> Functional Residents Level of Service <br /> Component/Calculation Step Figure <br /> Unincorporated County Area Population( ' 80 , 437 <br /> Existing Police Officers(2 ) 185 <br /> Residents per Officer 435 <br /> LOS (Officers per 1 ,000 Residents) 2 .30 <br /> ( 1 ) Source : Section II, Table 1I- 13 <br /> (2 ) Source : Table VIII-2 <br /> Cost Component <br /> Historical/Replacement Capital Costs <br /> The following table summarizes historical and replacement costs of existing building <br /> capital based on the information provided by the County . As presented , the cost per <br /> police officer is $35 , 011 . <br /> The land value shown in the table represents the replacement value and not the historical <br /> value . According to information provided by the County representatives , the historical <br /> cost of the land was $ 68 , 638 for 9 . 81 acres . The County ' s estimate of replacement value <br /> for this land is $ 343 , 175 , which represents an increase of 400 percent over the past 21 <br /> years . The resulting replacement cost per acre is $34 , 982 , which is consistent with the <br /> recent $35 , 467 per acre purchase price of land for the new correctional facility . Finally, <br /> the replacement cost per square foot of building is $ 130 according to estimates provided <br /> by the County . <br /> (This space intentionally left blank) <br /> Tindale -Oliver & Associates , Inc . Indian River County <br /> May 2005 VIII -6 Impact Fee Study <br />
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