Gulf Bearing-CS 950207ESCROW / ROADWAY IMPACT FEE CALCULATIONS
DATE: February 7, 1995
PROJECT: Gulf United Industries Addition (Gulf Bearing)
ESCROW:
Street type P6D
Street Name/s Bethel Road
Cost per Foot $160.00
663.51 ft.
Lenght of Adjacent Frontage
Escrow due -- (Cost per Foot) x (Lenght of Adjacent Frontage) = $106,161.60
ROADWAY IMPACT FEE:
Service Area
#4*
Fee per Vehicle Mile
Category Industrial **
Land Use General Light Industrial **
Building Size 171,600 sq. ft.
Development Units 171,600/1000 = 171.6
Vehicle Miles per Development Unit 1.06 **
$300
Roadway Impact Fee = (Development Units) x
(Vehicle Miles per Development Uni0 x (Fee per Vehicle Mile) = $54,568.80
Amount due is the lesser of the Street Escrow or the Roadway Impact Fee.
AMOUNT DUE: $54,568.80
* (Figure 2 - Roadway Impact Fee Study)
** (Table 3 - Roadway Impact Fee Study)