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<br />STATE OF COLORADO <br />Roy flomer, Governor <br />DEPARTMENT OF NATURAL RESOURCES <br /> <br />REFER TO <br /> <br />John W. Mumma, Director <br />6060 Broadway <br />Denver. Coforado 80216 <br />Telephone: (303) 297.1192 <br /> <br />MEMORANDUM <br /> <br /> <br />~.!Y~J2tJJ?! WilDLIFE <br /> <br />For Wildlife - <br />For People <br /> <br />TO: <br /> <br />Wildlife Commission <br /> <br />FROM: <br /> <br />Eddie Kochman ~ <br />November 8,1996 <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br />FLOYD CmLDES PROPERTY/SAN LUIS V ALLEYI <br />WETLANDS AND NATIVE AOUA TIC SPECIES HATCHERY <br /> <br />The appraisal has been completed on the Childes property located in the San Luis Valley. The <br />value of the property was placed at approximately $600,000 and I was informed of the results on <br />November 7. <br /> <br />. <br /> <br />On November 8, I spoke with Childes and told him the results of the appraisal. My intent was to <br />determine if he was willing to negotiate at this value. He is not willing and his judgement of <br />value is in a range of $1.2 - $1.4 million dollars. It is also his opinion that the water was <br />significantly undervalued in the appraisal. <br /> <br />I have not had the opportunity to review the details of the appraisal and there may be some <br />questions, especially in relation to water. At this time, there is enough uncertainty involved that <br />the decision was made to withdraw the joint resolution from the consideration by the Wildlife <br />Commission and Water Conservation Board. This action was discussed with both Walt Graul <br />and Peter Evans. <br /> <br />The appraisal will be reviewed in detail and if there are questionable judgements the option <br />exists for further consideration. <br /> <br />We are disappointed, but there is the realization that the fair market value must determine what. <br />can be spent on any property. <br /> <br />xc: John Mumma <br />Walt Graul <br />BobTowry <br />Peter Evans <br /> <br />. <br /> <br />c:\docs\wcchildes <br /> <br />DEPARTMENT OF NATURAL RESOURCES. James S.lochhead, Executive Director <br />WilDLIFE COMMISSION, Arnold Salazar, Chairman. Rebecca L. Frank, Vice Chair. Mark LeValley, Secretary <br />Louis F. Swift. Member. Jesse Langston Boyd, Jr., Member <br />William A. Hegberg. Member. John Stulp, Member. James R. Long. Member <br />