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LOGAN L. BAILOR
EXECUTIVE VICE PRESIDENT
7 -* 0,
Ada*-r:Z-
May 11, 1973
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aspen.
Dear J-i--M
This jet-'Cer hereby confirms that the Bank of
Aspen does hereby -g=ee to extend credit to
/ \/- I -, a7mount not to exceed $2,000-00
Jim Rd'a-als an -upplying water and sewer lines
the purpose Of - s subdivision.
to tots L a---id 2 the Ad,--,.i -cL
Sincerely,
Logan L. Bailor
EXeCUt47e Vice President
Mr. James Adams
21 Meadows Road
Aspen, Colorado
ulwa�cona
AMERICAN NATIONAL SANK DU ILD1 NG
0 1 3 11 V CNT W EN7H 072 C L7
D C V ER , COLORA DO' 00202
T a i P H o w e 222-400s
May 12, 1973
Re: Adams Subdivision
P; i,k;n Count,
State of Colorado
Dear ?fir. Adams:
Pursuant to your request for an appraisal of the property known as Adams Subdivision,
Lots 7,23, in Pit:in County, Colorado, we have made an inspection of the property.
We have completed our investigation of market data of comparable sales in the Aspen
area.
Based on our experience of appraisals in Aspen and Pit<in County and the market data
located in our files, it is our opinion that the current market value of the subject
property, as of the date of this report, is:
Fifty-Four Thousand Dollar,
( $54,000)
A subdivision plat is attached herewith.
Value assigned tha subject property assumes the R -15 zoning is retained and that all
utilities be made available to the sites (Lois 1, 2 and 3).
Hope this letter is helpful for your purposes at this tim3.
if there is a need for a more formal appraisal of the property, please contact us �
as soon as possible.
Very truly yours,
JUSTIN H! HAYNES & COMPANY -- n
Ramon G. LeDuke, ASA` r ��-
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