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ROAD IMPACT FEE CALCULATION WORK SHEET
Project/Applicant
Hlghline Ranch Subdh+islan
Egad District
2
Land Use (Number of Total Dwelling Units, Including ADUs)
3
Date Prepared
8/29/2012
Base Road Cost
$1,540,000
Road Capacity in ADT
13,800
Road Cost r ADT
$111.59
ADT per Land Use
9.57
Base Road Impact Fees per Land Use _
$1,067.96
TAX CREDITS
80% of Annual R & B Properly Tax per Land Use
528. I6
County Discount Rate
0.05%
Road Design Life (Years) _
5
Present Worth Factor
4.99
Properly Tax Credit
$140.59
UNADJUSTED ROAD IMPACT FEE
5927.37
[Base Road Impact Fee - Property Tax Credit]
INFLATION ADJUSTMENT
Denver - Boulder CPI Year of Cost Estimate
158.5
penver- Boulder CPI Year of Impact Fee Calc.
213.8
Inflation Factor
_
1.3486
[CPI for Collection Year/CPI of Year of Cost Estimate]
PRE - CONSTRUCTION INFLATION
S1,250.69
ADJUSTED ROAD IMPACT FEE
POST - CONSTRUCTION COST ADJUSTMENT
County Discount Rate
0.05%
Term (Years since Construct on
0
Compound Interest Multiplier
1.0000
POST- CONSTRUCTION
ADJUSTED ROAD IMPACT FEE
NN /A
TOTAL FEE FOR TOTAL NUMBER OF DWELLING UNITS I
53,752.08
1/2 OF FEE TO BE PAID AT FINAL PLAT I
51,876.04
IMPACT FEE TO BE COLLECTED WITH EACH BUILDING PERM
..--- 669:48-'
Prepared by the Garfield CountyPlannittg Department
5