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<br />I <br />Ie <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />-- <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />f <br />I <br /> <br /> <br />1 <br /> <br />AMIRICAN NATIONAL aANK BUILDING <br />.,. ..vaNT..NTH eTR..T <br />DENVER, COLORADO aoa02 <br /> <br />TaL.PHONK 222-4103 <br /> <br />Mr, Felix Sparks, Director <br />Colorado Water Conservation Board <br />215 State Services Building <br />Denver, Colorado 80203 <br /> <br />Dear Mr. Sparks: <br /> <br />Tn accordance with contract we have completed a personal inspection <br />and analysis of the proposed Narrows site situated primarily in Morgan <br />County, Colorado and the proposed Weld County site situated in Weld County, <br />Colorado, <br /> <br />The purpose of our inspection and analysis is to provide a prelimi- <br />nary opinion of value of land and rights that would be acquired for each of <br />the sites. This includes the acquisition in fee of land for the dam sites and <br />reservoirs, flood easements adjacent to the fee taking and severance <br />damages accruing to remainders because of the partial taking of various <br />parcels. Our estimate of value includes land and improvements. <br /> <br />Based on our investigation and analysis. supported by the pertment <br />data set forth in this report, it is our opinion that the current market value <br />of land, improvements and rights in the hereinafter described Narrows site, <br />as of the date of this report, is Five Million Seven Hundred Eighty-Seven <br />Thousand Dollars ($ 5, 787, 000), <br /> <br />Our opinion of value of the hereinafter described Weld County site <br />is Three Million Seven Hundred Fifty Thousand Dollars ($3,750,000), <br /> <br />Value assigned the above described properties is subject to the <br />Assumptions and/or Conditions set forth on Pages Two (2) and Three (3) <br />of this report. <br /> <br />Dated: May I, 1964 <br /> <br /> <br />President <br /> <br />.j <br /> <br />,~I <br />