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2007-05-09_ENFORCEMENT - C1981013
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2007-05-09_ENFORCEMENT - C1981013
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Last modified
8/24/2016 3:16:51 PM
Creation date
8/7/2009 4:21:22 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1981013
IBM Index Class Name
Enforcement
Doc Date
5/9/2007
Doc Name
Presentation and Exhibits of Basin Resources, Inc. to MLRB
From
Davis Graham & Stubbs
To
MLRB
Violation No.
CV2007001
Media Type
D
Archive
No
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REBECCA ERHARDT, CSR, RPR - 719- 846 -3316 <br />1 <br />ET 124 PAGE 494 <br />PAGE 495 <br />-er price, would he not? <br />1 <br />into. <br />A In my opinion, he would, yes. <br />2 <br />1 take it you have never testified <br />Q Did you also determine the <br />3 <br />in court as an expert witness before? <br />• <br />placement cost of the residence and adjacent <br />4 <br />A No, sir, I have not. <br />.uctures at Solitario? <br />5 <br />Q And in terms of your background and <br />: A Actually, I determined the <br />6 <br />appraisal work, you didn't really get into <br />production cost new. Replacement cost is <br />7 <br />appraisal work as an occupation until about <br />Kerent than reproduction cost new. <br />8 <br />1992; is that right? <br />;production cost new assumes that you will use <br />9 <br />A That is correct. <br />day's building techniques, and replacement <br />10 <br />Q And you've done other things, a lot <br />sumes that you will replace it as it was. <br />11 <br />of agricultural work prior to that? <br />Q Well, what did you determine -- the <br />12 <br />A And I was involved in real estate <br />production cost, is it? <br />13 <br />prior to that also. <br />A Yes, reproduction cost. <br />14 <br />Q And to some extent, even today you <br />A Q -- of Solitario to be? To make the <br />15 <br />spend a small part of your time as a rancher. <br />cord clear and make my question clear, what <br />16 <br />Is that fair? <br />flue, if any, did you determine for the <br />17 <br />A Correct. <br />:production cost of the house -- residence <br />18 <br />Q Mr. Floyd, as I understand it, you <br />ruse at Solitario and the adjacent structures <br />19 <br />have never appraised any other property <br />ound the residence house? <br />20 <br />suspected of being subject to coal mine <br />-` A For the entire structures plus the <br />21 <br />subsidence or to any kind of subsidence. Is <br />`nd? <br />22 <br />that right? <br />Q No, just the residence house. <br />23 <br />A That's correct. <br />A Just the residence house. <br />24 <br />Q Now, you appraised some property <br />Q ' And the veranda, the garage and the <br />25 <br />for a Dr. Eagan at one time? <br />Z 495 <br />PAGE 497 <br />Mo. <br />1 <br />A Correct., <br />A I'm referring to my updated report <br />2 <br />Q And you understood that there was <br />nd the reproduction cost new of the main <br />3 <br />some affect of subsidence there, but you were <br />silence is indicated to be $395,228 <br />4 <br />not asked to take that into account in any way? <br />MR. MORRIS: No further questions <br />5 <br />A That is correct. <br />flis witness. <br />6 <br />Q In connection with this assignment <br />THE COURT: Cross examination. <br />7 <br />for Mr. Morris, I believe you conferred with <br />r CROSS EXAMINATION <br />8 <br />other appraisers about the subsidence issue. <br />06MR. BIANCO: <br />9 <br />Is that right? <br />Q Good morning, Mr. Floyd. Good to <br />10 <br />A Correct. <br />ee you again. <br />11 <br />Q But the fact of the matter is, none <br />rA How are you this morning? <br />12 <br />of those appraisers were able to be of help to <br />Q Before I start I wonder -- I think <br />?ight be <br />13 <br />14 <br />you. Is that right? <br />A That's correct. <br />useful -- there's some books in <br />rout of you there. <br />15 <br />Q In terms of subsidence itself, you <br />MR. BIANCO: Your Honor, may[ <br />proach <br />16 <br />have no expertise in that area. Is that right? <br />I do <br />to help the witness. <br />I: THE COURT: Counsel may approach <br />17 <br />18 <br />A No, sir, not. <br />Q And you're not sure you would know <br />wifness. <br />19 <br />the affects of subsidence when you saw them. <br />�4. <br />MR. BIANCO: This is going to be <br />20 <br />Is that fair? <br />. <br />0ne We will start ou t with and there are <br />rntered tabs that tell you the exhibit. <br />Q <br />21 <br />22 <br />A That's fair. <br />Q Now, I know when you looked at the <br />Mr. Floyd, I'm going to start out <br />23 <br />Tatum house you saw some cracks, correct? <br />ou a few questions about your <br />ground that Morris didn't <br />24 <br />25 <br />A Correct. <br />Q But you're not qualified, in your <br />maybe Mr. go <br />REBECCA ERHARDT, CSR, RPR - 719- 846 -3316 <br />1 <br />
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