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Table VII -15 wrr+ <br /> 2025 Demand and Cost Forecast <br /> 2025 County Population (less Indian River Shores)( ' ) 170, 774 <br /> Adopted LOS Standard ( Stations per 1 , 000 Residents)(2) 0 . 098 <br /> 2025 Required Number of Stations(3) 17 <br /> Existing Number of Stations(2) 13 <br /> Additional Stations Needed(4) 4 <br /> Cost per Station <br /> Station $ 19300, 000 <br /> Land $222 ,060 <br /> Fire Engine $ 3903909 <br /> Ambulance $ 965860 <br /> Total Cost per Station $29009 , 829 <br /> Total Cost5) $89430,225 <br /> ( 1 ) Source : Section II, Table II- 1 <br /> (2) Source : Table VII-4 <br /> (3 ) Number of stations needed in 2025 based on existing LOS . <br /> (4) 2025 required number of stations (Item 3 ) less existing number of stations (Item 4). <br /> (5 ) Total cost per station multiplied by additional number of stations needed (Item 4) . Based on <br /> one unit per station except for one fire engine per station and plus one backup engine shared , .,✓ <br /> by the four additional stations . <br /> As presented in Table VII- 15 , the County will need an additional 4 stations by 2025 . This <br /> would require an investment of $ 8 .43 million over the next 20 years . <br /> Estimated Revenues <br /> Based on the medium growth population projections provided by BEBR and impact cost <br /> per person calculated in Table VII- 14, it is estimated that the Fire/EMS impact fee <br /> revenues will generate $ 8 .21 million through 2025 . These projections are presented in <br /> Table VII- 16 . Based on the future demand analysis, the County will need to make an <br /> investment of $ 8 .43 million to accommodate the 2025 demand. Based on this <br /> information, it appears that the impact fee revenues will need to be used in conjunction <br /> with other revenue sources to meet the 2025 demand . <br /> Tindale-Oliver & Associates, Inc . Indian River County <br /> February 2005 VII48 Impact Fee Study <br />