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November 13, 2007 <br />Indian River County <br />1840 25th Street <br />Vero Beach, FL 32960-3328 <br />Attn.: Mr. William K. DeBraal, Esquire <br />RE: Fee proposal for JoAnne Dowling, 67" Avenue, Vero Beach, FL 32967 <br />Dear Attorney DeBraal: <br />All Real Estate Appraisals is pleased to offer a fee proposal to provide appraisal services relating to the <br />above referenced property. Based upon discussions with Raymer F. Maguire, III, Esquire, the anticipated <br />compensation is to be predicated upon appraisal evidence supporting: <br />1. The market value of the land and contributory value of improvements, if any, acquired for <br />the roadway improvement. <br />This firm would provide evidence to support the land value and estimated contributory value of any <br />improvements within the proposed right of way acquisition. It Is noted that the existing single family <br />residence Is situated along 671h Avenue, while the acquisition is along 66'" Avenue. The acquisition <br />appears to be situated about 256.97 feet east of the rear of the existing residence. Therefore, no <br />severance damages associated with a loss of yard utility are anticipated for this property. The fee to <br />provide appraisal services for this property would be $3,000. <br />We understand that time Is of the essence in this situation and would provide delivery of the completed <br />appraisal within six weeks from the date of authorization. <br />if you have any questions, please contact me at your convenience. <br />Sincerely, <br />ALL REAL ESTATE APPRAIISALS <br />Robert K. Babcock, MAI <br />Stale -Certified General Appraiser RZ 990 <br />Appraisers ♦Consultants • Reattors® <br />1010 Executive Center Drive, Suite 132 <br />Orlando, Florida 32803 <br />Phone: 407.895.9999 Fax: 407.895.9998 <br />