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On Motion of Commissioner Massey, second of Commissioner <br />McCullers, the Board unanimously voted that they are not <br />interested in entering into the Agreement with the Flood Control <br />District in raising the road at Blue Cypress Lake, and the <br />Administrator is instructed to do the necessary work on the road. <br />P. 0. BOX 3280 <br />MACWILLIAM BLDG. <br />2901 OCEAN DRIVE <br />TELEPHONE JORDAN 2.8609 <br />ALEX MACWILLIAM, JR. <br />REALTOR <br />VERO BEACH, FLORIDA 82900 <br />September 4, 1970 <br />Mr. Jack G. Jennings, Administrator <br />Road and Bridge Department <br />Iridian River County <br />Vero Beach, Florida 32960 <br />Dear Mr. Jennings: <br />In accordance with your recent request, the <br />Appraisal Committee of the Vero Beach Board of Realtors <br />has made a personal inspection and appraisal of the <br />following described property: <br />Lots 1 and 2, Block B-5, <br />Townsite Plat.of Roseland, Florida. <br />This property has 120 feet frontage on <br />Sebastian Drive and a slightly larger frontage on the <br />Sebastian River due to the angle of the shoreline. <br />The depth along the west side line is 174 feet while <br />the depth along the east side line is 133 feet. <br />'The property contains part of a burned <br />structure and burned automobile. <br />Based upon our personal inspection and <br />knowledge of current values and trends, it is the <br />opinion of the committee that the fair market value <br />of the above described property as of September 4, 1970 <br />is $6,250.00. <br />SEP 9 WO • <br />