Indian River County Impact Fee Study Final Report - irccdd.com

Table VII-6
Building Replacement Cost (1)
Year
Acquired/
Built
Number
of Acres
Square
Feet
Land
Replacement
Cost (2)
Building
Replacement
Cost (3)
Facility Description
Station 1 (4) 1986 5.00 16,423 $222,060 $1,300,000
Station 2 1986 0.92 5,244 $222,060 $1,300,000
Station 3 (4) 1986 2.72 3,168 $222,060 $1,300,000
Station 4 1986 0.72 3,447 $222,060 $1,300,000
Station 5 1982 3.98 7,449 $222,060 $1,300,000
Station 6 1986 2.20 3,830 $222,060 $1,300,000
Station 7 1986 0.50 2,258 $222,060 $1,300,000
Station 8 (5) 1999 1.00 6,243 $222,060 $1,300,000
Station 9 1999 0.38 3,600 $222,060 $1,300,000
Station 10 1996 0.48 5,520 $222,060 $1,300,000
Station 11 2001 1.51 7,612 $222,060 $1,300,000
Planned Station 12 (6) FY 05/06 8.00 N/A $222,060 $1,300,000
Planned Station 13 (6) FY 08/09 N/A N/A $222,060 $1,300,000
Total 19.42 64,794 $2,886,780 $16,900,000
Total Cost $19,786,780
Number of Stations 13
Average Unit Replacement Cost per Station $1,522,060
(1) Source: Public Works Department and Office of Management and Budget, IRC
(2) Source: Table VII-1
(3) Based on the current average replacement cost of a new Fire/EMS facility.
(4) EMS/Medical Stations #1 and #3 have been included as part of Fire Stations #1 and #3
respectively, due to plans to combine the two EMS stations with their respective fire station
when they are replaced in the future.
(5) Sebastian Volunteer Department operates out of Station 8.
(6) Planned five-year expansion; based on an average replacement cost of a new facility.
The replacement cost for the equipment was provided by the IRC Fire/EMS Department
and is summarized in Table VII-7.
Tindale-Oliver & Associates, Inc.
Indian River County
May 2005 VII-9 Impact Fee Study