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� • <br /> f . � , <br /> . _ � <br /> Mr. Michael J. Kehart March 29, 1971 <br /> Re: Alley Vacation <br /> 200 North Oakcrest <br /> Decatur, Illinois <br /> At such time in the future as the land may be cleared, say 35 years <br /> as econoni�c life and the land may be sold as vacant ground, as5uming <br /> a reasonable return until that time, and reversion of the ground re- <br /> sultzng in slightly larger lats for us� at that time indic�t¢s a present <br /> value of approxit�ately $13.00 per front foot or for 25 ft. a sum of <br /> $325.OQ. <br /> Baseci on our inspection of the subject proper�y and our knocaledge of <br /> the real esta�� market, it is our opinio:a th2 fair compen�ation that <br /> would accrue to the purchasers frora the benefits deriveci from th� <br /> de�czib�ci alley �vacation, as of March 24, 1971, �auld b� <br /> Thr�� fiun��e�d T:v�r�tk!Five ($�?.S.Oa) Doll�r� <br /> we he�eby certify that w� have no present or contemplated future interest <br /> in �he 5ubject propr�rty and that the gemu��e�ation tor the apprai�al v��s <br /> oot contingent u�on the value as found. <br /> Yours very truly, <br /> Roby and R�by , <br /> � X;, � I <br /> ��, � F . �`:i^CC�C�r'�. <br /> E. A. 5chroer3�r, SRA <br /> Manager blortga�ge Departm�nt <br /> EAS/vb:3 <br />