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STATE qA <br /> 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 IBIT <br /> Phone : 407 . 695 . 9999 Fax : 407 . 895 . 9998 b <br /> a <br /> S <br />