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LVASSOCIATED LAND <br />TITLE GROUP, INC. <br />011-C WEST 23RO STREET, P. O. BOX 2493 <br />PANAMA CITY, PLORIOA 32402 <br />18041783-2389 /18001824-0712 <br />OONALO R. CRISP <br />CHAIRMAN <br />April 9, 1985 <br />Mr. Ken Karasek <br />Associated Land Title Group, Inc. <br />2101 15th Avenue <br />Vero Beach, Florida <br />Dear Ken: <br />This letter is written to authorize you to offer the building. and <br />property now occupied by Associated Land Title Group, Inc. in Vero Beach, <br />Florida, to the County of Indian River in an "as is" condition for no <br />less than $287,500.00. - <br />This sale is to be for cash on or before thirty days from the <br />signing of the contract. This offer is good for fifteen days from the <br />date of this letter. <br />I will agree to pay one-half of the M.A.I. appraisal up to $800.00, <br />furnish a standard A.L.T.A. Owner's Title Insurance Policy, and pay for <br />the documentary tax on the Warranty Deed. <br />This offer is to be made to the County only and the price to any <br />other party should be no less than $300,000.00. <br />Yours truly, <br />-L <br />Donald R. Crisp <br />Director Dean continued that Commissioner Wodtke tried to <br />negotiate the $300,000 price and made an offer of $275,000; Mr. <br />Crisp now has agreed to split the difference and will accept <br />$287,500. Armfield-Houck Appraisal has submitted a preliminary <br />appraisal figure of around $300,000. Director Dean stated that <br />after making an inspection of the building, it appears that very <br />little renovation would be required in order for it to house a <br />department such as that of the State's Attorney, possibly <br />$20,000. He noted that the building was built in 1973 and is in <br />good condition. <br />26 BOOK Ftp �E 69® <br />ASR 17 1985 <br />r <br />