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<br /> <br />"Z.;z,? <br /> <br /> <br />209 EAST MAIN STREET <br />RANGELY, COLORADO 81648 <br />(303) 675-8476 <br /> <br />FAX <# (303) 675-8834 <br /> <br />i . ' ' ',,' ' <br />t- < lPo:, ~- --, - , <br /> <br />~rnt;~/ <br /> <br />14.080 <br /> <br />August 6, 1993 <br /> <br />Mr. Larry F. Lang <br />Chief, Flood Control and Floodplain Management section <br />Colorado Water Conservation Board <br />721 state Centennial Building <br />1313 Sherman Street <br />Denver, CO 80203 <br /> <br />Dear Larry: <br /> <br />Enclosed are the Economic Investigation Table II and the Economic <br />Inventory of Properties within the 100-Mile(sic) Floodplain as <br />prepared by Jennifer Foxley (who says you owe her lunch). I also <br />enclose copies of the maps off which she worked. <br /> <br />The total assessed values of buildings and structures within the <br />flood plain is $1,932,819, including five oil wells assessed at <br />$761,250. Commercial properties are assessed currently at 29.0% <br />of market value and residential properties at 14.34% of market <br />value. <br /> <br />From the tables I have extracted commercial and residential <br />structures and have calculated market values as shown below: <br /> <br />Tvpe of Property <br />Commercial <br />Residential <br /> <br />Assessed Value <br />$1,404,530 <br />528.289 <br />$1,932,819 <br /> <br />Market Value <br />$4,843,207 <br />3.684.024 <br />$8,527,231 <br /> <br />Should you need clarification or further information, please let <br />me know. <br /> <br />Very truly yours, <br /> <br />TOWN OF RANGELY <br /> <br />~ <br /> <br />Donald C. Peach <br />Town Manager <br /> <br />