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Service Solicited - 2022 - HECO Engineers - Development Impact Fee Study - Cost Update HECO ENGINEERS November 16, 2022 Nichoel Baird Spencer Director of Long-Range Planning & Projects City of Eagle 660 E. Civic Lane Eagle, Idaho 83616 RE: Development Impact Fee Study—Cost Update Dear Nichoel, Provided below is a proposal to update the park development and land value costs in the 2017 Development Impact Fee Study& Capital Improvements Plan (Study). The Scope of Work associated with the cost update is presented below and is based on discussions with you and our familiarity with the 2017 Study. No other elements or costs within the Study will be updated at this time. 1. Update previous Study costs to 2022 dollars for the six park categories (Study— Figure 6) using Construction Cost Indexes (CCI) from RSMeans Construction Cost Estimating Software. 2. Use appraisal completed on the Shooting Range and Eagle Regional Park (located in Spring Valley Development) as basis for land values. Supplement with recent sales records, if available. 3. Update costs in Capital Improvement Plan (Study—Figure 8) We propose to complete the above tasks on a time & materials basis with an estimated budget of$3,700. This amount will not be exceeded without prior authorization from the City. The cost update can be completed within two (2) weeks of authorization from the City. Please contact me if you have any questions or need any additional information. Sincerely, Authorization: HECO Engineers City of Eagle nIA:(L44k Aaekb H V Michael W. Davis, PE Eyo Date 32 N MAIN STREET • PO BOX 235 • PAYETTE, IDAHO 83661 • 208-642-3304