Appraisal Report for ALP Relinquishment Areas 1 & 2

American Smelting and Refining Company from at least 1928 through 1950;
Canadian Corporation of America beginning in 1954 and Ranches Exploration and
Development Corporation and Hecla Mining Company in the 1980s. The United
States of America Department of Energy (DOE) acquired the property in 1986 for
the purposes of removing the radioactive solids left from the milling operation
through the Uranium Mill Tailings Remediation Actions (UMTRA) Project and/or the
Uranium Mill Tailings Radiation Control Act (UMTRCA). Descriptions of these
projects are included in the Assignment of Easement, Quit Claim Deed and
Restricted Use Plans contained in the Addenda. As of the date of the appraisal,
the properties are vacant, undeveloped sites except for a parking lot on
Relinquishment Area #1 which is used by the public and gravel on Relinquishment
Area #2.
Sales History
The DOE conveyed the land to the Colorado Department of Public Health
and the Environment (CDPHE) in 1990 subject to a Restricted Use Plan that must
be a condition of any conveyance of the property. The April 30, 1998 Memo to the
Colorado Water Conservation Board (CWCB) summarizes the Restricted Use Plan
as follows.
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