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r � r which peaks at about 15 years, and this also is in a state of decline. He continued that they also have a severe water problem with salt water intrusion, difficult irrigation, etc., and of the 126 acres, approximately 28% is non -usable. Mr. Rogers noted that although it would have been economical to have this grove sprayed by airplanes, out of considera- tion for the residents of River Shores, they sprayed by the ground method. An additional reason they felt it wise to dispose of this property and invest in new acreage for groves west of town is that this grove is isolated from the bulk of their groves which are located west of town, and the traffic on U. S. 1 makes it difficult to get grove machinery to this location. Mr. Rogers continued that before signing a contract with Southeast Enterprises, he checked out their previous projects and was satisfied and pleased with what he saw. , Attorney O'Haire felt it has been made clear that property is not viable as a grove since it is in an urban area and cannot be maintained as a grove should be. He also felt it is not feasible to develop as single family residential because of the economics related to providing a water main and the fact.that you cannot dredge and fill as you could previously. Mr. O'Haire felt what it all boils down to is that the neighbors feel the Rogers family should be saddled with this property forever. As to this being an emotional issue, he pointed out that a number of people present today are people who work with Southeast Enterprises and live in this county, as well as engineers, sub- contractors, suppliers and tradesmen, who are interested in the project. Mr. O'Haire emphasized that over its life this project will generate more than 36 million in sales and that money will stay in this community and be recirculated. Michael Brown, President of Harbor Federal Savings & Loan, and Hal Roberts, President of the St. Lucie County 56 DEC 11982 90 - 52 PMGE 2� 2