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BOARD OF COUNTY COMMISSIONERS 1840 25th Street, Vero Beach, Florida 32960-3365 Telephone: )772) 567-8000 I NMI * 7� March 29, 2006 �LORI�p' Ms . Janie Davis New Jerusalem In Its Power, Inc . 1176 NW 581h Terrace Miami, Florida 33127 RE : Property 3890 41 " St., Vero Beach, Fl. Parcel I.D. # 32-39-27-00000-3000-00014.0 Dear Ms . Davis : The County is willing to enter into an Agreement to purchase the property owned by New ,Jerusalem In its Power, Inc. located at the above address . According to recorded records you are the agent aecord for the corporation. The county would like to purchase the entire parcel, . 67 acres, for T5 , 000 . 00 this would be $67 , 164 per acre . (see attached Exhibit A) Also attached are two originals and one copy of the Purchase Agreement. If you concur with the terms of the Agreement, please sign and return both original agreements (2) to the Engineering Division, attention Ron Callahan, and keep the copy for your records. I have attached " signing instructions" to the Agreement. This letter does not constitute a written offer under Section 73 . 092, Florida Statutes (condemnation statute). It does however represent an evaluation of the value of your property (right-of-way) described herein based upon sales information in the general area. At the expense of the County a boundary survey will be completed to verify the accuracy of the parcel size and boundary lines . If the boundary survey uncovers a significant variation of size the County has fifteen ( 15) days to reconsider the proposed Purchase Agreement. (attached) If you have questions or need additional information, I can be reached at (772) 226- 1232 . Thank you in advance for your cooperation in this matter. Si er y, / 41-r,. y / L.� Clis Ronald L. Callahan Real Estate Acquisition Agent Attach: Purchase Agreement (2 originals and 1 copy)