Cost i = Adjusted cost of the improvement to segment "i", which is the roadway segment necessary for the development to satisfy the transportation concurrency requirements, or for projects utilizing the option under Section 4.02.07.C.(3) the roadway improvement that would provide the capacity needed for the development to satisfy the transportation concurrency requirements. Cost shall include all improvements and associated costs, such as design, right-of-way acquisition, planning, engineering, inspection, and physical development costs directly associated with construction at the anticipated cost in the year it will be incurred. In the event that an improvement extends beyond the limits of segment "i", the entire cost of the improvement shall be averaged to determine a cost per unit of measurement that shall be used to determine the cost of the improvement to segment "i." 4. For the purposes of determining proportionate fair-share obligations, the County shall determine improvement costs based upon the best estimate of the actual cost of the improvement using the most current cost estimates as obtained from the Capital Improvements Element, the MPO Transportation Improvement Program, the FDOT Work Program or the Hillsborough County Project Information Management System (PIMS). Improvement costs shall be escalated to the proposed year of construction using the Method for Cost Escalation as provided in Section I unless the costs are already escalated to the actual year of construction within the aforementioned sources. Where such information is not available or at the County's discretion when necessary to ascertain the best estimate of the actual cost, improvement cost shall be determined using the following method: (a) The most recent issue of FDOT Transportation Costs, as adjusted based upon the type of cross section (urban or rural); locally available data from recent projects on land acquisition, drainage, and utility costs; and significant changes in the cost of materials due to unforeseeable events. Cost estimates for state road improvements not included in the adopted FDOT Work Program shall be determined using this method in coordination with the FDOT District. Improvement costs determined using this method shall be adjusted using the
of an agreement between the applicant and the FDOT or other applicable governmental body, agency, or authority for inclusion in the proportionate fair-share agreement. F. Determining Proportionate Fair-Share Obligation 1. Proportionate fair-share mitigation for concurrency impacts may include, without limitation, separately or collectively, private funds, contributions of land, and construction and contribution of facilities. 2. A development shall not be required to pay more than its proportionate fair share. The fair market value of the proportionate fair-share mitigation for the impacted facilities shall not differ regardless of the method of mitigation. 3. The methodology used to calculate an applicant's proportionate fair-share obligation shall be as provided for in F.S. § 163.3180(12). OR Proportionate Fair Share = Σ [[(Development Trips i )/ (SV Increase i )] × Cost i ] Where: Development Trips i = Those trips from the stage or phase of development under review that are assigned to roadway segment "i", which is the roadway segment necessary for the development to satisfy the transportation concurrency requirements, or for projects utilizing the option under Section 4.02.07.C.(3) the roadway improvement that would provide the capacity needed for the development to satisfy the transportation concurrency requirements, and have triggered a deficiency per the provisions of this Part; SV Increase i = Service volume increase provided by the eligible improvement to roadway segment "i", which is the roadway segment necessary for the development to satisfy the transportation concurrency requirements, or for projects utilizing the option under Section 4.02.07.C.(3) the roadway improvement that would provide the capacity needed for the development to satisfy the transportation concurrency requirements, per section C;
Roadway LOS Report – Rezoning/Concurrency Reviews
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