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1024 Main Street Tree Fund Refund 07.21.2016 July 21, 2016 Re: Tree Fund Partial Refund To whom it may concern, On December 18, 2015, Mrs. Masters paid $9,077.40 into the Tree Fund with check number 4002 for 73.8 inches of required mitigation. This was the result of the removal of 157.6 inches trees and the preservation of a 5 inch tree on her property at 1024 Main Street. After t he completion of a new single family home on the property, a new 4 inch Live Oak was planted. Mrs. Masters has requested a refund for the portion of mitigation that this tree provides. Live Oaks are given double credit under the City’s code. The planted tr ee has a value of 8 inches or $984.00 at the Tree Fund rate of $123.00 per inch. As a result of this information I am approving the refund of $984.00 to Mrs. Masters. Should you have any questions, please feel free to contact me. Sincerely, Derek W. Reeves Planner City of Atlantic Beach Community Development 800 Seminole Road Atlantic Beach, Florida 32233 Telephone (904) 247-5826 Fax (904) 247-5845 http://www.coab.us