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69 <br />40 <br />• <br />based on established Florida Department of Environmental Protection (FDEP) <br />monuments. <br />Table 1 <br />Indian River County Reach Preservation Projects <br />FDEP Monument <br />Sector Location Project Type and Sand Volume Recommendation <br />1 & 2 R-4 + 400 ft north to T-17 feeder beach: 700,000 cubic yards <br />3 R-37+290 ft south to T-48. beach restoration: 453,000 cubic yards <br />5 R-74 + 600 ft north to 0-W beach restoration: 540,000 cubic yards <br />7 T••100 + 95 ft north to R- beach restoration and structures: 330,000 cubic yards <br />107 + 105 ft south <br />An estimate of land values for the purpose of calculating dollar value of land lost <br />due to erosion was based on square footage land values obtained from the <br />Indian River County Property Assessor's office. The total appraised value of <br />properties in Indian River County (1998 values) is $ $8,072,475,977, of which <br />35.7 percent or $2,870,409,036 represents the barrier island properties. The <br />average value of one (1) square foot of oceanfront land varied between $3.48 <br />and @7v- .Orivv �r foa _ <br />w�-gvvcriniicitt, single iainiiy residential, multi-Tamily residential, <br />commercial and time-share land use properties (refer to Table 2). <br />The "without project" storm protection alternatives are whatever actions are in <br />the oceanfront property owners' economic interest to protect themselves from <br />yearly landward erosion as allowed by existing local and state policies and <br />regulations. QrPnnfmnt nrnnnr4ino full • 4t IrX <br />r-•-�-w•••�.. n v nvc kJ) L-CIL"9UfICS Including: <br />government, single family residential, multi -family residential, commercial, and <br />timeshare properties. In addition, oceanfront properties are comprised of two <br />subcategories: (1) properties with an erosion control structure, and (2) properties <br />without erosion control structure. <br />9G4e PMSTREPORT/DRA"/OW1 BBMAIE <br />9 <br />