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was calculated using historical expenditures for the North County Regional Parks . This <br /> cost per acre is presented in Table X - 5 . <br /> Table X =5 <br /> Utilities and Paving Cost per Acre lel <br /> Improvement/Calculation Step Figure <br /> North County Regional Park # of Acres(2 ) 115 <br /> Utilities and Paving Costs - Phase I <br /> Drainage $ 5505000 <br /> Water and Wastewater Improvements $3009000 <br /> Parking Lot Drives $750 ,000 <br /> ERU Connection Fee $43776 <br /> Utilities and Paving Costs - Phase II <br /> Drainage $490 ,000 <br /> Water and Wastewater Improvements $25 , 000 <br /> Total Utilities and Paving Cost(3) $291199776 <br /> Utilities and Paving Cost per Acre(4) $ 18 ,433 <br /> ( 1 ) Source : Recreation Department, IRC <br /> (2 ) Source : Table X- 1 <br /> (3 ) Sum of costs for Phase I and Phase Il . <br /> (4) Total utilities and paving cost per acre <br /> ( Item 3 ) divided by total number of acres for North County <br /> Regional Parks (Item 2 ) . <br /> The calculations from the two previous tables are then used to determine the total land <br /> cost per resident for regional and neighborhood/community parks and recreation facilities <br /> in unincorporated IRC . These are presented in Table X - 6 . <br /> To calculate the total cost per land for parks and recreation facilities in unincorporated <br /> IRC , the price per acre figure of $34 , 136 is used . This figure is based on recent sales of <br /> vacant parcels in IRC of 40 to 130 acres , which can be found in Appendix B , Table B -2 . <br /> Using this replacement cost per acre , the total cost per acre for parks and recreation <br /> facilities in unincorporated IRC is calculated . <br /> As shown in Table X - 6 , this results in a total land cost per resident of $420 for the <br /> regional parks component and $26 per resident for the neighborhood/community parks <br /> component . <br /> Tindale -Oliver & Associates , Inc . Indian River County <br /> May 2005 X - 12 Impact Fee Study <br />