PERMFILE42120

• Permit No: M1980002
• IBM Index Class Name: Permit File
• Doc Name: REGULAR 112 PERMIT APPLICATION FORM
• Media Type: D
• Archive: No

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J B FOSTER REALTY

825 Riverside Fort Collins, Colorado 80521 PHONE [phone]
APPRAISAL REPORT
ADDRESS: 11150 North Frontage Road, Wellington, Colorado, 80549
APPRAISED FOR: STATE OF COLORADO; Mine, Land & Reclamation Board
OWNER: Lee Tucker
LEGAL DESCRIPTION: A tract of land situate in the South half of
Section 15, Township 9 North, Range 6B West of the
6th P.M., Larimer County, Colorado, which considering
the North line of the Southwest Quarter of said
Section 15 as bearing East and West and with all
bearings contained herein relative thereto, is con-
tained within the boundary lines which begin at a
point on said North line which bears East 2231.37
feet from the West Quarter corner of said Section 15
and run thence East 728.43 feet; thence South 02°25'
West 1035.00 feet; thence South 40 15' West 335.00
feet; thence West 478.72 feet; thence North O1°50'29"
East 1328.61 feet along the East line of Interstate
Highway #25 to the point of beginning. containing
21.2054 acres more or less.
The above described tract of land is located 5/8
of a mile South of Owl Canyon Road (County Road #70)
on the East side of Interstate Highway #25.
The purpose of this appraisal is to estimate the Market Value of the
subject property. Market Value as defined by the courts and as used
herein, is the highest price estimated in terms of money which a
property will bring if exposed for sale in the open market allowing
a reasonable time to find a purchaser who buys with knowledge of all
the uses to which it is adapted and for which it is capable of being
used with neither the buyer or seller being under abnormal pressure.
In my opinion, the Market Value of the subject property as of
April 7, 1980 is $127,176.00
Allocated as: Land, 18.8954 Acres $56,686.00
Land, 2,41 Acres $10,490.00
Impovements $60,000.00
$127,176.00
CERTIFICATION:
I, the undersigned, do hereby certify that I have carefully inspected the
above described premises and land; that to the best of my knowledge and belief,
the information and statements contained in this report are correct; that the
value above shown represents my best judgment as to the bfarket Value of the
fee simple title thereto; that I have no personal interest, present or pro-
spective in said property or the amount of the appraised value hereof; and that
my employment or fee is not contingent on the value reported; possession of
this appraisal report does not carry with it the right to the appraiser's
testimony in court unless previous arrangemtnts have been made.
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