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ROBY & ASSOCIATES REAL ESTATE APPRAISERS <br /> 252 E. Main Street Decatur, Illinois 62523 Phone 217/42&3451 <br /> VERNE E. ROBY, SRPA <br /> EDWARD A. SCNROEDER, SRA <br /> November I8, 1986 CHARLES R. McCOY, SRA <br /> Attorney Michael I. Campbell <br /> 500 Millikin Court <br /> P.O. Box 1765 <br /> Decatur, Illinois 62525 <br /> Re: Proposed Alley Vacation <br /> Green Street South between <br /> Monroe Street, Mercer Street <br /> Dear Mr. Campbell: <br /> Pursuant to your request David A. DeRocchi and I made an on site <br /> inspection of the above captioned land. The purpose of the <br /> inspection was to estimate the fair compensation, in our opinion, <br /> that would accrue to the recipient from the benefits derived from <br /> the vacation. <br /> The inspection shows an alley between Monroe Street and Mercer Street <br /> extending 200' South from Green Street and is 16' wide or 3,200 sq, ft. <br /> The land has electrical poles above ground, gas line under ground and <br /> soae surfacing. It is our opinion, if the land were vacated, the land <br /> could be used for parking and not for a building but could be fenced <br /> for protection and safety. <br /> The attached zoning map indicates the land is industrial. The market <br /> for industrial land in older areas is weak and there are few sales but <br /> we considered the following data: <br />