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<br />II <br />')1 <br />, <br />i <br /> <br />~ <br />.. <br /> <br />( 01'79 <br />1 Y ... <br /> <br />BLACK & VEATCH <br /> <br />CONSULTING ENGINEERS <br /> <br />1500 MEADOW LAKE PARKWAY <br />KANSAS CITY, MISSOURI 64114 <br /> <br />ADDRESS REPLY TO <br />12075 EAST 45TH AVE. SUITE 333 <br />DENVER. COLORADO 807.39 <br />AREA CODE 303. TEL. 371.1120 <br /> <br /> <br />Central Telephone and <br />Utilities Corporation <br />Beaver Creek Property <br />Appraisal <br /> <br />B&V Project 6431.001 <br />B&V File A <br />December l3~ 1976 <br /> <br />Mr. Earl W. Hdltz <br />Director, Financial Planning <br />Central Telephone and <br />Utilities Corporation <br />5725 East River Road <br />Chicago, Illinois 60631 <br /> <br />Dear Mr. Holtz: <br /> <br />Attached is an updated appraisal of certain Central Telephone and <br />Utilities Corporation properties in Teller and Fremont Counties, <br />Colorado. <br /> <br />The appraisal does not include the "Altman water rights" shown as <br />"deleted'" on page 11 of the appraisal. <br /> <br />The total appraised value may be broken into three categories as follows: <br /> <br />Parcels 1 through 27 <br />Parcel 28 <br />Parcel 29 <br /> <br />Total <br /> <br />662,925 <br />6,125 <br />950 <br /> <br />$670,000 <br /> <br />Please contact me if you have questions concerning the appraisal. <br /> <br />Very truly yours, <br /> <br />BLACK & VEATCH <br /> <br />jl/~~~ <br /> <br />Charles V. Hallenbeck <br /> <br />mt <br /> <br /> <br />