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outh �eac Commissioner Joseph E. Flescher Board of County Commisioners Indian River County 1801 27th Street Vero Beach, FL 32960. BY HAND February 3, 2017. Re: South Beach Property Owners Association Inc., (SBPOA) 2016 Annual Report Dear Commissioner Flescher: Please find attached to this letter the SBPOA's 2016 Annual Report. The report was mailed to 2,632 South Beach property owners on December 24, 2016. Should you require additional copies or the digital version of the report, please email me a request at joseAgo`sipextra.com. On Pages 1 through 3 of the report, information is provided to the reader as to who the SBPOA is and what it stands for together with a profile of our 2016/2017 Board of Directors. On Pages 4 and 5 a summary of all the tasks undertaken by the SBPOA Board in 2016 on behalf of the 2,632 South Beach property owners is presented. Page 6 shows what tasks the SBPOA will undertake in 2017. Page 7 of the report contains the form required to renew annual membership to the SBPOA or to loin for the first time if you own roe in the South Beach. Page 8 contains a mail -in survey to guide us in our civic tasks and activities. After the attached report was printed and mailed, final 2016 South Beach and Total IRC Taxation information was made available to the SBPOA by the IRC Property Appraiser and GIS offices. Specifically, our 2,632 South Beach properties were appraised at $1.8 billion and accordingly we paid $23.1 million in property taxes into IRC government coffers. This amounts to $8,770 on a per capita basis. In contrast, the remaining 88,439 IRC properties were appraised at $20 billion and those owners paid IRC $236 million in property taxes or only $2.667 on a per capita basis. in i the rest of ine itc-; per caipita groigk. ror this anti many other reasons we n view our beach and lagoon ream as the "crown jewel" of Indian River County. Consequently, the SBPOA, now and in the future, will do everythin in its Power to preserve and protect the natural resources, quality of life and interests of bonade residential owners of the South Beach from legislative, environmental pollution and commercial pollution threats. We hope Government agencies whose actions and decisions impact the South Beach will do the same. FOR AND ON BEHALF OF THE BOARD OF DIRECTORS Jose Lambiet Secretary and Director Report Errata: Please amend Paragraph 3 of the Raison d'etre section to read `property owners paid Indian River County $20,384,532" instead of the value shown which was a preliminary CAMA market value based tax figure. Consistent with this correction Paragraph 4 should read "and on the average paid $7,774 in property taxes in 2014" This errata and correction is reflected in the available electronic version of the report.