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THE SPIVEY GROUP, INC . <br /> A <br /> REAL ESTATE APPRAISERS • CONSULTANTS • REALTORS <br /> WWW. SPIVEYGROUP . COM �T <br /> GLEN L . SPIVEY, MAI TED HASTINGS 111 , MAI , SRA <br /> PRESIDENTMarch 10 2010 VICE PRESIDENT <br /> ST. CERT . GEN . REA #0001388 ) ST. CERT. GEN . REA #0000041 <br /> Bill DeBraal1 IV <br /> Deputy County Attorney It <br /> Indian River County MAR . 2 3 2010] <br /> 1801 27 'I' Street <br /> Vero Beach , Florida 32960 COUNTY aTTORI�. EY' S <br /> OFFICE <br /> RE : Parcel : 16 <br /> Owner : Laurel Homes , Inc . <br /> Street : 66th Avenue <br /> County : Indian River <br /> Dear Mr. DeBraal : <br /> This letter is intended to serve as an agreement for expert consulting and witness services with respect to the <br /> above referenced parcel . <br /> This engagement will be compensated on a time and material basis . Under this agreement, Indian River <br /> County agrees to compensate the Spivey Group , Inc . at the following labor rates plus reimbursable expenses : <br /> $ 150 per hour for principals with an MAI designation , $ 200 per hour for expert testimony, $ 125 per hour for <br /> associates , and $ 95 per hour for research staff. Invoices will be submitted by The Spivey Group , Inc . regularly <br /> to Indian River County, which agrees to pay approved invoices . <br /> I hope this proposal is consistent with our mutual understanding and satisfactory to you and Indian River <br /> County . If so , please execute the agreement below and return a copy to me for my files . If you have any <br /> questions or comments , please call me . <br /> Sincerely, <br /> THE SPIVEY GROUP , INC . <br /> 4u�� <br /> Glen Spivey , MAI, President <br /> State Certified General Appraiser #0001388 <br /> GS / jjs <br /> RESPOND TO : 1700 NORTH ORANGE AVENUE IV 69 TEQUESTA DRIVE <br /> SUITE 100 SUITE 32E <br /> ORLANDO , FL 32804 TEQUESTA , FL 33469 <br /> (407) 423- 1430 OFFICE (561 ) 748 - 1151 OFFICE <br /> (407) 422-2237 FAX (561 ) 748 - 1152 FAX <br />