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STEVENS REAL ESTATE SERVICES <br /> REAL ESTATE APPRAISERS AND CONSULTANTS <br /> 115 NORTH FIFTH STREET,SUITE 210 <br /> ROBERT O.STEVENS,MAI GRAND JUNCTION,COLORADO 81501 AREA CODE 303 <br /> TELEPHONE 243-4888 <br /> June 27, 1994 <br /> Mr. Steven G. Renner <br /> Coal Program Supervisor <br /> State of Colorado <br /> Division of Minerals and Geology <br /> HAND DELIVERED <br /> Dear Steve: <br /> As you requested, I have researched sales and other data relating to the limestone facility <br /> near Carbondale. This letter is only intended to provide you with comparable sales data, which <br /> we can discuss in person on June 28. <br /> The subject property falls under Garfield County jurisdiction and is zoned AR/RD. The <br /> attached sales have similar zoning, in either Garfield, Eagle or Pitkin County. We can talk about <br /> how each of them relates to the property under consideration here. <br /> As we proceed with this project, my intention is to help you refine the raw data into a <br /> defensible price. Toward that end, I'll be available for either phone or personal consultation until <br /> you dispose of the property. <br /> nce ely, <br /> k—� <br /> Robert O. Stevens, MAI <br /> Certified General Appraiser CGO1313432 <br />