HomeMy WebLinkAbout020 101 tt
STATE OF WASHINGTON
County of Jefferson
Dedication of Conservation Futures Funds to the }
Tamanowas Rock and Nicholson Short Plat }
Project as Authorized by 84.34 RCW and in } RESOLUTION NO.20 =1.0
Accordance with Jefferson County Code Section }
3.08.030(7) to Provide a System of Public Open }
Spaces }
WHEREAS, conservation futures tax levy collections, authorized under RCW 84.34.230
are an important means of retaining community character and accomplishing open space policies and
objectives of the Jefferson County Comprehensive Plan that encourage the coordinated acquisition of
key open space lands for long -term protection; and
WHEREAS, Jefferson County is authorized by RCW 84.34.210 and 84.34.220 to acquire
open space land, agricultural and timber lands, as defined in RCW 84.34.220; and
WHEREAS, the Conservation Futures Citizen Oversight Committee has reviewed
project applications for 2010 and made its funding recommendations to the Board of County
Commissioners in accordance with Jefferson County Code Section 3.08.030(7); and
WHEREAS, under the provisions of the Jefferson County Conservation Futures
Program, the Jefferson Land Trust, as project sponsor, requests funding towards the permanent
protections of 129 acres of vacant land in Sec. 10, T. 29N, R. 1W with Assessor's Parcel Number
901102004, 901102006, 975000001, 975000002, 975000003, 975000005, 975000006, 975000007,
975000008, 975000009, 975000010; and
WHEREAS, the County retains enough developable land to accommodate the
Tamanowas Rock and Nicholson Short Plat Project as well as the housing and employment growth that
it is expected to receive, thus satisfying the requirements of Chapter 449, Laws of 2005; and
WHEREAS Jefferson County considers it in the best public interest to contribute to this
open space project.
NOW THEREFORE BE IT RESOLVED that:
1. Jefferson County hereby dedicates up to $ 97,606. 00 in conservation futures funds in
the 2010 funding cycle for acquisition expenses contingent on a matching contribution of no
less than the amount of conservation futures funds requested.
Resolution No.20 -10 re: Dedication of Conservation Futures Funds to the Spaces Project as
Authorized by 84.34 RCW and in Accordance with Jefferson County Code Section 3.08.030(7) to
Provide a System of Public Open Tamanowas Rock and Nicholson Short Plat
2. Jefferson County hereby dedicates up to S=1102.394.00 in conservation futures funds
in the 2011 funding cycle for acquisition expenses contingent on a matching
contribution of no less than the amount of conservation futures funds requested.
3. This dedication of funding may be nullified if a submittal for reimbursement,
accompanied by documentation of matching funds sufficient to complete the
acquisition, is not received from the sponsor within three years of the signing of this
resolution.
APPROVED AND ADOPTED this day of 2010 in Port Townsend,
Washington,,1 v t 9 v `
SEAL:' ` '� JEFFERSON BOUNTY
r BOARD Q 1 ONERS
a %
Da v ulliv Chair
ATTEJT; ' t w ii1
Phil Jo n, Member
1~;rm Lundared� � .�
Deputy Clerk of the Board Jo Austin, Member
<,,,ON 2010 Jefferson County Conservation Futures Program
j Property Acquisition and /or
Operations and Maintenance Project Application
Please complete the following application in its entirety. Unless directed otherwise, use as much space
as needed to answer each question. Incomplete applications will not be accepted.for consideration_
1. Project Title: Tamanous Rock and Nicholson Short Plat
2. Conservation Futures Acquisition Request: $200,000 over two years
3. Conservation Futures O &M Request: $0
4. Please indicate the type of interest contemplated in the acquisition process.
Warranty Deed Easement X Other (Please describe below.)
In whose name will the property title be held after acquisition?
Combination of both public ownership (State Parks) and Tribe ownership with a conservation easement
held by Jefferson Land Trust. Ultimate protection measures will meet County Conservation Futures
ownership and conservation easement requirements.
5. Applicant Information
Name of Applicant or Organization: Jamestown S'Klallam Tribe, Washington State Parks, Jefferson
Land Trust
Contact: Liz Mueller, Jamestown S'Klallam Tribe
Title: Vice Chair, Tribal Council
Address:1033 Old Blyn Highway, Sequim, WA 98382
Phone: (360) 681 -4628, ext. _ _
Email:Imueller@jamestowntribe.org
Name of Applicant or Organization: Washington State Parks,
Contact: Bill Koss
Title: Manager
Address: POB 42650, Olympia WA 98504 -2650
Phone:360- 902 -8629, ext. _Fax: (, ext.
Email: Bill.Koss@ parks.wa.gov
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Fax: (360) 681-3450, ext.
6. Sponsor Information: (if different than applicant)
Organization Name: Jefferson Land Trust
Contact: Sarah Spaeth
Title: Executive Director
Address: 1033 Lawrence Street
Phone: (360) 379 -9501, ext.
Email:ed@saveland.org
Fax: (360) 379 -9897, ext.
This application was approved by the sponsor's legally responsible body (e.g., board, council, etc.)
in public meeting on February 16, 2010
7. Site Location
Street Address or Description of Location:
Tamanous Rock Property - Section 10 Township 29 Range 1W I S1/2 SE NW, NESW(LS TX 43)
Nicholson Short Plat - Replat of Nicholson's Irondale Reservoir Addition -
Driving Directions from Port Townsend:
Drive south from Port Townsend on Highway 19 to Anderson Lake Road. Turn west onto Anderson
Lake Road and as the road curves to the left and starts up the hill, there are 2 dirt roads with gates on
the right. Park at either one and walk up either dirt road to the 63 acre Tamanous Rock property. The
existing dirt road goes through the 63 acres and on to the Nicholson Short Plat. The west corners of the
Nicholson Short Plat can be reached from an Anderson Lake Park trail that connects near the SW
corner of the Nicholson Short Plat, the NW property corner being just off the park trail, and the SW
corner being about 100ft. below the top of a rise and east of the trail (see topo map), just over the edge
of the east - facing slope.
Section: 10 Township: 29 Range: 1W
Assessor's Parcel Number(s):
Tamanous Rock property - 901102004, 901102006
Nicholson Short Plat — 975000001, 975000002, 975000003, 975000005, 975000006, 975000007,
975000008,975000009,975000010
8. EXISTING CONDITIONS
New Site: Yes No X Number of Parcels: 11
Addition to Existing Site: Yes X No
Total Project Acreage (if different):_
Existing Structures /Facilities: None
Acres to Be Acquired: 129
Current Zoning: Rural Residential 1:20
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1 1
Any current covenants, easements or restrictions on land use:
There is a 60 ft wide private ingress and egress easement that traverses the project area in a north -
south direction. This reciprocal roadway and utility easement provides access to the Nicholson Short
Plat through the Tamanous Rock properly. The easement is not maintained, though there is a
passable dirt road on the existing easement. Project partners plan to vacate the easement.
Current Use: Cultural, recreational, open space natural area
Waterfront (name of body of water):
property and the Nicholson Short Plat.
property in 2005.
Shoreline (linear feet):
Owner Tidelands /Shorelands:
Several wetlands have been identified on the Tamanous Rock
A wetland report was completed for the Nicholson Short Plat
9. Current Property Owner X is _is not a willing seller.
The Jamestown S'Klallam Tribe currently owns the Nicholson Short Plat and is interested in selling part
or all of it to Washington State Parks. Jefferson Land Trust recently acquired the Tamanous Rock
property from George Heidgerken with a private foundation loan as a temporary holding mechanism
until State Parks and the Tribe secure funding for permanent acquisition.
10. In one -half page or less, provide a summary description of the project, the match, overarching
goal, and three top objectives.
Tamanous Rock, a local icon that is adjacent to Anderson Lake State Park, is of great cultural and
spiritual significance to the Tribes from this region, and holds special significance for the local non -
Indian community as well. Washington State Parks, Jamestown S'Klallam Tribe, Port Gamble
S'Klallam Tribe, the Suquamish Tribe, Jefferson Land Trust, Northwest Watershed Institute, Jefferson
County and the community have been working for more than 13 years to try to protect the Rock and the
surrounding area from development. In 2005, the Jamestown S'Klallam Tribe obtained loans to
purchase 86 acres adjacent to the Rock in imminent threat of development, including the 66 acre
Nicholson Short Plat property. Jefferson County partially funded purchase of a conservation easement
on 20 acres of the Tribe's property just to the north of the Rock, which was finalized in 2008 (Phase
Tamanous Rock project — see map).
In November, 2008, Washington State Parks entered into a Purchase and Sale Agreement with George
Heidgerken for the 63 -acre Rock property. State Parks transferred that agreement to Jefferson Land
Trust, and in December of 2009, the Land Trust purchased the property for $600,000. The property is
currently held by JILT Resources, LLC, a subsidiary of the Land Trust. Funds for the purchase of the
property primarily came from a $480,000, two -year loan from The Bullitt Foundation. The remainder of
the funding was provided through Jamestown S'Klallam Tribe, who purchased an option on the
Tamanous Rock property from the Land Trust. The Tribe borrowed $100,000 of this funding for two
years from local community members. State Parks, the Jamestown Tribe and Jefferson Land Trust
now seek grant funds for this Phase II element of the Rock protection, to repay the loans used to
purchase the Rock and the Nicholson Short Plat that was temporarily secured by the Tribe.
Long -term protection plans for the Rock property and the Nicholson Short Plat include a combination of
State Park ownership and Jamestown S'Klallam Tribe ownership, as well as conservation easement
protection with Jefferson Land Trust. It is likely that State Parks will acquire the Nicholson Short Plat
and the southern portion of the Tamanous Rock parcel (approximately 23 acres) and the Jamestown
S'Klallam Tribe will acquire 20 acres to add to the Tamanous Rock Sanctuary. The Jamestown Tribe
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is seeking federal matching funding for the project, and State Parks is considering applying for State
Recreation and Conservation Office grant funds. Jefferson County Conservation Futures Funds are
requested for a portion of the acquisition costs of both properties. The final design of the long -term
ownership and protection strategy will be determined as the matching grant funding is secured and
funding criteria of the grant programs is clear.
The main goal of this project is to permanently protect Tamanous Rock and the surrounding forest,
wetland and open space land from development. Three top objectives include: securing grant funds
to repay the loans within the two year time frame, providing permanent protection through State Park
ownership, Jamestown S'Klallam Tribe ownership and conservation easement security; creating a
sanctuary around the Rock that honors the cultural significance and habitat values, and providing
appropriate recreational opportunities for the local community and visitors to the area.
11. Estimate the total site acquisition costs below, including the cost for the entire property or
property right, even if Conservation Futures funds will only cover a portion of that total cost.
In the case of projects involving multiple acquisitions, please break out appraisals and
estimated acquisition costs by parcel.
The 63 -acre Tamanous Rock property was appraised in the fall of 2009 at $600,000 and the Nicholson
Short Plat was appraised at $275,000 in summer 2009. The Tribe has indicted that they may be able
to sell the Nicholson Short Plat property to State Parks for below market value.
Total Estimated Acquisition Cost: $875,000
Total Estimated Acquisition - related Cost (see Eligibility Checklist): $25, 000
Total Operation and Maintenance Cost: $25,000
Total Project Acquisition Cost: $925,000
Basis for Estimate (include general description of operation and maintenance work to be
performed, task list with itemized budget, and anticipated schedule for completion of work):
Jefferson Land Trust has set aside $25,000 for stewardship costs over the next two years. These
funds were contributed by community members during the Land Trust's 2009 auction. Maintenance
work includes removal of large debris such as chunks of culvert; placement of several new gates or
other traffic barriers and trail maintenance.
12a. Sponsor or other organizations X will will not contribute to acquisition of proposed site.
b. If applicable, please describe below how contributions from groups or agencies will reduce the need
to use Conservation Futures program funds.
The Jamestown S'Klallam Tribe has requested Federal funding through the Bureau of Indian Affairs for
tribal cultural and religious sites and other federal appropriations, a new initiative through the
Department of Interior. The request was made for 2011 budget appropriations and funding, if approved
would occur in October 2010. It could also be included in the 2012 budget if it is not funded in the 2011
cycle.
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State Parks is considering an application to the State for 2010 Recreation and Conservation Office Park
funding and /or a Federal Land and Water Conservation Fund grant for a portion of the acquisition cost
of the properties.
In addition, if neither of the above grant sources is approved, Jefferson Land Trust, Jamestown
S'Klallam Tribe, Port Gamble S'Klallam Tribe and the Northwest Watershed Institute will be seeking
other foundation and community funds to repay the loans for the Tamanous Rock property and the
Nicholson Short Plat acquisition.
c. Matching Fund Estimate
Conservation Futures Funds Requested
Matching Funds/Resources
Total Project Acquisition Cost
d. Source of matching Amount of Contribution
funds /resources contribution approved?
JamestownTribe $600,000_ Yes No
State Parks
Jefferson Land Trust _
$100,000_
$25,000
Yes No
Yes No
Amount
$200.000
$725,000
$925,000
Percentage
22%
78%
100%
If not,
Contribution If not,
when?
available now? when?
_Fall 2010
Yes No
Spring 2011
Yes No
Yes No
NOTE. Matching funds are strongly recommended and a higher rating will be assigned to those
projects that can guarantee additional resources for acquisition. Donation of property or a property
right will be considered as a matching resource_ Donation of resources for on -going maintenance
or stewardship will not be considered as a match.
13a.Sponsoring agency X is _is not prepared to provide long -term stewardship (maintenance,
up -keep, etc.) for the proposed project site.
Long —term stewardship of the Tamanous Rock and Nicholson Short Plat properties will be carried out
by a combination of the participating partners' efforts. Project partners anticipate working together to
address stewardship and maintenance issues, though for properties that are acquired by State Parks,
the Parks staff will have primary oversight of stewardship and maintenance activities. For the portions
of the properties that are acquired by the Jamestown S'Klallam Tribe, they will be the lead on
stewardship efforts. Jefferson Land Trust will provide long -term stewardship of the conservation
easement that will be placed on all or a portion of the proposed property acquisitions.
b. Describe any existing programs or future plans for stewardship of the property, including the
nature and extent of the commitment of resources to carry out the stewardship plan.
While under Jefferson Land Trust's ownership, several stewardship activities are planned, including
removal of debris, additional placement of gates and possible restoration efforts on existing trails and
around the Rock. JILT is working closely with the Tribe and State Parks to determine the short-term
and long -term management and restoration goals. The Land Trust has set aside $25,000 for
immediate stewardship activities.
Future plans for stewardship by project partners may include road and trail decommissioning, trail
construction, removal of graffiti, replanting, and signage.
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14. Describe the sponsoring agency's previous or on -going stewardship experience.
The Land Trust has over 20 years of monitoring, stewardship and legal defense experience for
conservation easements and preserved properties. We currently steward over 8,000 acres in Jefferson
County. The Land Trust has a full time Stewardship Director that conducts monitoring, maintenance
and restoration efforts with trained volunteers. We rely on qualified professionals, including habitat
biologists, foresters and others as appropriate.
15. Has the sponsor and /or applicant of this project been involved in other projects previously
approved for Conservation Futures funding?
a. No, neither the sponsor nor applicant has been involved in a project previously approved
for Conservation Futures funds.
b. X Yes, the sponsor and /or applicant for this project has been involved in a project previously
approved for Conservation Futures funds. Please provide details:
The Jamestown S'Klallam Tribe received County Conservation Futures Funds for part of the value of a
conservation easement protecting the 20 acres directly to the north of the Tamanous Rock 63 -acres
and directly south from the Nicholson Short Plat. Jefferson Land Trust holds and stewards the
easement.
Jefferson Land Trust has sponsored numerous applications that have received Conservation Futures
funds. These projects include: Sunfield Farm, 2003, Quimper Wildlife Corridor, 2004;; East Tarboo
Creek Conservation Project, 2005; Tamanowas Rock Phase 1, 2006; the Winona Buffer Project, 2006;
Glendale Farm, 2007, Finnriver Farm 2008, Brown Dairy and Winona Basin, 2009.
16a. Property Xcan _cannot feasibly be acquired in a timely fashion with available resources.
b. Necessary commitments and agreements X are _are not in place.
c. All parties X are _are not in agreement on the cost of acquisition.
If "not" to any of the above, please explain below.
Jefferson Land Trust's subsidiary, JILT Resources LLC is a willing seller of the Rock property to either
the Jamestown Tribe or to State Parks, or a combination of the two. The Tribe is interested in selling
the Nicholson Short Plat property to State Parks. The funding for acquisition of the portions of the Rock
property by the Tribe and State Parks has not yet been secured, though applications have been
submitted or are planned for this spring. At this point the most likely scenario is a combination of
Federal Funding and State funding. Eligibility for grant funds to the State or the Tribe would be
compromised if they had already acquired title to the land for which they were seeking grant funds.
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17. The proposed acquisition X is specifically identified in an adopted open space, conservation,
or resource preservation program or plan, or community conservation effort. Please describe
below, including the site's importance to the plan. Please provide a copy of'the plan with the
application.
_complements an adopted open space or conservation plan, but is not specifically identified.
Please describe below, and describe how the proposed acquisition is consistent with the plan.
_is a stand -alone project.
Tamanous Rock and surrounding area is identified in several regional plans as important for
preservation. These plans include:
Jamestown S'Klallam Tribe's comprehensive plan, which can be found on their website -
Jamestowntribe.org. Specific to this application please see pages 13 -19 regarding land base and the
importance for Tribe's to reacquire land within their usual and accustomed sites. On page 39 there is
also a reference to purchasing land where cultural traditions can take place. The plan was approved
and published in 2008.
Anderson Lake State Park long -term boundary expansion area is covered in the Fort Flagler State Park
Area Classification and Management Planning (CAMP). Page 14 - 16 indicate the adopted long term
boundary for Anderson Lake. The link to the Anderson Lake State Park management plan is found at:
http: / /www.parks.wa.gov/ plans /ftflagler /Management %20PIan %2OFinal.pdf .
Jefferson Land Trust's newly adopted conservation plan for Jefferson County, prepared with the input
of many community members, also specifically identifies the Tamanous Rock and surrounding area as
important for protection for geological, cultural, recreational, and habitat value considerations. A draft
of the plan has been submitted with this application, and the final plan will be located on the JLT
website r m, ssaveiar:.;_ _ within the next month.
Tamanous Rock is also listed in the Washington Heritage Register as having significant archeological
interest. Washington State Heritage Register information can be found at www.dahp.wa.gov.
18. List the important milestones for this project.
Securing the funding for permanent acquisition and protection by State Parks and Jamestown S'Klallam
Tribe is the most critical milestone. It is critical that grant funds are secured for purchase of the
property before the end of 2011.
19. Conservation Opportunity or Threat:
a. The proposed acquisition site X does _does not provide a conservation or preservation
opportunity which would otherwise be lost or threatened.
b. If applicable, please carefully describe the nature and immediacy of the opportunity or threat,
and any unique qualities about the site.
Project partners worked together to purchase the property from George Heidgerken last year after he
officially listed the property for sale for $1,200,000. Partners were concerned that the property would
be purchased for development, and as a result State Parks entered into a Purchase and Sale
Agreement with Heidgerken and Jefferson Land Trust and the Jamestown Tribe began to seek funding
for the acquisition. The funds ultimately utilized for the purchase are temporary and Jefferson Land
Trust's loan from The Bullitt Foundation for $480,000 is due to be repaid in December 2011. Several
private loans to the Jamestown Tribe for $100,000 are also due at that time, as well as the $150,000
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owed on the Nicholson Short Plat property. The Bullitt Foundation loan is secured by the property, so if
project partners were unsuccessful at raising funds, the property would revert to them.
20. Describe the physical characteristics of the site that is proposed for acquisition with
Conservation Futures Program funds including: vegetation, topography, surrounding land
use, and relationship to parks, trails, and open space.
The Tamanous Rock property and the Nicholson Short Plat parcels are mostly forested with scattered
old growth fir and second growth mixed forest including Douglas Fir, Madrone, salal and ocean spray,
characteristic of dry forest types in this area. Several wetlands are present on both sites, and wetland
vegetation includes willow, sedges and other native wetland plants. Both properties are located on
terraced lands above the Chimacum Creek Valley at elevations between 200 and 500 feet. A sharp
ridge runs most of the length of the project area on the west side, with Tamanous Rock standing
separately from this ridge to the east. The Rock is a unique geological formation - an immense
monolith with caves, crevices and the cliffs to the west dating from 43 million years old during pre -
Miocene times. Soils in the area show volcanic ash and the black residues of sedges, moss and trees
from that time period. The Tamanous Rock area provides recharge for the largest PUD aquifer
servicing the Tri Area Urban Growth Area.
The project area is contiguous to Anderson Lake State Park on the west side (see map). The lands to
the east are primarily developed for residential use. The Tamanous Rock and Nicholson Short Plat
properties, along with the 20 -acre parcel located between them (Conservation Futures Fund Phase I,
2006) have for many years been regarded by community members and visitors as an extension of the
park. Numerous trails provide for hiking, bird watching, horseback riding, bicycling and general passive
recreational uses. Climbers from the local community and beyond have been drawn to Tamanous
Rock and the cliffs behind.
Trail enthusiasts are working to connect Anderson Lake State Park with Gibbs and Beausite Lakes
located to the south. State Parks staff is investigating opportunities to provide trail connections
between Anderson Lake State Park and the Olympic Discovery Trail. The park could serve as the
gateway to extensive long- distance, multi -use trail opportunities. The park is also a key component of
the Jefferson County non - motorized trail plan.
21. The proposed acquisition X provides habitat for State of Washington Priority Habitat or
Federal Threatened, Endangered, or Sensitive Species
X provides habitat for a variety of native flora or fauna species.
X contributes to an existing or future wildlife corridor or migration route.
If affirmative in any of the above, please describe below, and cite or provide documentation of
species'use.
The Tamanous Rock project area is home to numerous wildlife species, including a branch of the
Sequim Elk herd. Other species include coyote, deer, and other small mammals. An eagle's nest is
located 800 feet from the western edge of the Nicholson Short Plat parcel, and eagles are known to
perch on old growth and other trees in the project area. Numerous amphibian species inhabit the
wetlands and the uplands provide overwintering habitat. According to biologist Fred Sharpe, PhD and
the local Native Plant Society, the Tamanous Rock area is the most ecologically diverse place on the
Quimper Peninsula due to the presence of varied wetland, dry habitat and unique geological
formations. Protection of this project area will also build on potential wildlife corridor habitat, as it ties
with other protected properties including Sunfield Farm and several easements south of Anderson
Lake.
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22a. Describe the extent and nature of current and planned agricultural use of the proposed
acquisition, including any anticipated changes to that use once the property, or property right,
is acquired with Conservation Futures funds.
No agricultural use of the property is planned.
b. Describe any participation by current property owner in any other agricultural land
conservation programs, including the program and nature of the involvement.
None
23. Describe the use planned for the site, any development plans after acquisition, characteristics
of the site which demonstrate that it is well - suited to the proposed use, and plans for any
habitable buildings currently on the site.
The primary planned uses for the Rock property and Nicholson Short Plat include cultural and
ceremonial use by local Tribes, passive recreational use and enjoyment, restoration of wetlands and
other habitat, scientific and educational purposes and maintenance of trails. The Tribe and/or State
Park may retain the right to build one caretaker cabin somewhere on the Rock property. The caretaker
would provide interpretive and educational opportunities and a deterrent to inappropriate uses of the
area.
24a. Proposed acquisition site and any subsequent planned passive development
(as described above) X is is not part of a larger project.
b. If applicable, describe how the site relates to the larger project, and whether the project has a
plan, schedule and funding dedicated to its completion.
Permanent protection of the Rock property and the Nicholson Short Plat is considered Phase II of a
multi -phase project to create a Tamanous Rock sanctuary and expand the existing Anderson Lake
State Park boundaries, in accordance with WSP's CAMP Plan (see question 17). Jefferson County
Conservation Futures' support of the purchase of a conservation easement on the 20 acre Jamestown
Tribal property was considered Phase i. Once permanent funding has been secured, the properties
have been transferred, and an easement is in place the Tamanous Rock project will be complete, with
the exception of long -term management and stewardship activities.
25. Describe how the proposed acquisition benefits primarily a _local area X broad county
area including the area served, the nature of the benefit, the jurisdictions involved, and the
populations served.
The proposed acquisition of the Tamanous Rock property by the Jamestown S'Klallam Tribe and State
Parks will benefit residents and visitors to the greater Olympic Peninsula. Permanent protection of the
site has great significance to several local tribes, and inclusion of additional land into Anderson Lake
State Park has been acknowledged as contributing to the greater appeal of the park to local community
members as well as regional visitors. The permanent protection of these sites will provide cultural,
spiritual and ecological benefits, and will provide visitors with a sense of being in a rare and beautiful
part of this region. Planned trail connections with the Olympic Discovery Trail, as well as Gibbs and
Beausite County Parks to the south, will benefit residents and visitors alike.
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26. Describe the educational or interpretive opportunities that exist for providing public access,
educational or interpretive displays (signage, kiosks, etc.) on the proposed site, including any
plans to provide those improvements and any plans for public accessibility.
Project partners have plans for educational and interpretive displays and programs for the Tamanous
Rock property that include imparting information to schools and other community groups about the
cultural, spiritual, geological and natural history significance of the site. Plans for appropriate public
access are being determined by all project partners, and will include analyzing existing trail design and
use, future needs and possibilities, and habitat values. Some trails may be improved or added and
some may be decommissioned. The factors to be considered in this evaluation will be public safety
and habitat protection. Access may be limited during some sacred Tribal ceremonies.
27. The proposed acquisition X includes historic or culturally significant resources and
_ is registered with the National Register of Historic Places, or an equivalent program.
X is recognized locally has having historic or cultural resources.
X is adjacent to and provides a buffer for a historic or cultural site.
If affirmative in any of the above, please describe below, and cite or provide documentation of the
historical or cultural resources.
Tamanous Rock was listed in the Washington Heritage Register in 1976 as having significant
archeological interest. In 1977 the Rock was nominated to the United States Department of Interior as
an historic site based upon well -known stories about the Rock. However, the nomination was not
approved due to a lack of archeological evidence which could not have been acquired without
extensive digging around the Rock.
28a. Describe the extent and nature of current and planned silvicultural use of the proposed
acquisition. Please cite or provide documentation of existing or planned silvicult Ural activities
including forest management plan(s).
No silvicultural activities are planned unless for forest health
b. Describe any participation by current property owner in silviculture conservation programs,
including the program and nature of the involvement.
None
29. Sponsors of applications that are approved for funding by the Board of County
Commissioners are required to submit a brief progress report by October 30 every year for
three years after the award is approved, or three years after the acquisition funds are
disbursed to the applicant, whichever is later. The progress report must address any changes
in the project focus or purpose, progress in obtaining matching funding, and stewardship and
maintenance. Sponsors receiving O &M funds will also submit an annual report for each year
that O &M funds are expended. The Committee will use the information to develop a project
"report card" that will be submitted annually to the Board of County Commissioners.
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If this application is approved for funding, I understand the sponsor is required to submit
progress reports for three years and for any year in which O &M funds are expended.
Initials , i12 Date
30. If, three years after the date funding is approved by the Board of County Commissioners, the
applicants have not obtained the required matching funds, the Committee may request the
Board of County Commissioners to nullify their approval of funds, and may require the
project to re- apply.
If this application is approved for funding, I understand that we may be required to re- submit
the application if the project sponsor does not obtain the necessary matching funding within
three years. '�)5 Initials 3 i D Date
31. Are there any critical dates, e.g, grant deadlines, for your project that the Committee should
know about? Please list the dates and explain their importance.
As mentioned above, the loans to Jefferson Land Trust and the Jamestown Tribe are due in December
2011. The Jamestown Tribe should have indication from the Federal grant program sometime this fall,
and State Parks will receive notification of funding availability in 2010.
2010 Jefferson County
Conservation Futures Program
Ratings Sheets
http: / /www.co.jefferson.wa.us/ commissioners /Conservation/conservation.asp 12
TAMANOUS ROCK Phase II
CONSERVATION FUTURES FUNDS ILLUSTRATIONS - 2010
View from top of Tamanous Rock looking northeast
View below Tamanous Rock
Cliff complex
West side of Tamanous Rock
Nicholson Short Plat — NW corner looking west
Trail /road on Nicholson Short Plat - mid property looking west
Legend Tamanowas Rock Phase II Jefferson Land Trust
MTamanomsRockPhasell_Subject Properly Jul '2009
Ander�m Lake State Park Surrounding Conservation Land y'
O JKT- Conserve[ ionPmperly _ Tama nowasROCkPhasel_BOacres Tamanowas Rock Phase II
Feet h Feasibility
JNt_ JLtconservationeasement _7amanowasROCkPhasel_2oacres 0 375 750 1,500 N
ATConservatlonEasement_8oa «es 2006 Aerial (NAIP)
Legend w Tamanowas Rock Phase II Jefferson Land Trust ON
TamanowasRockPhasell_Boundaries Approximate Boundaries February, 2009
F Tamanowas Rock Phase II
Feet 2006 Aerial (NAIP)
0 125 250 500 Feasibility
Anderson Lake State Park area properties of interest to
Washington State Parks, Jamestown S'Clallam Tribe, Jefferson Land Trust, and
Jefferson Trails Coalition for links to and routing of the Olympic Discovery Trail
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JLT RESOURCES, LLC
P. O. Box 353
Port Townsend, WA 98398
360.379.9421
February 23, 2010
TO: Jefferson Land Trust
FROM: JLT Resources, LLC
RE: Proof of Willing Seller
Parcel Nos.: 901 102 004, 901 102 006
JLT Resources, LLC is the legal owner of the above mentioned lots. JLT Resources,
LLC hereby authorizes Jefferson Land Trust to pursue the sale of the above mentioned
lots of the Tamanous Rock Sanctuary for $600,000.00 to Washington State Parks or the
Jamestown S'Klallan Tribe for the purpose of permanent protection of the property.
Denise Pranger, Pre de
JLT Resources, LLC
1033 Old Blyn Highway, Sequim, WA 98382 360/683 -1109 FAX 360/681 -4643
February 24, 2010
TO: Jefferson Land Trust
FROM: Jamestown S'Klallam Tribe
RE: Proof of Willing Seller
Parcel Nos.: 975 000 001, 975 000 002, 975 000 003, 975 000 005, 975 000 006,
975 000 007, 975 00 008, 975 000 009, 975 000 010
The Jamestown S'Klallam Tribe hereby authorizes Jefferson Land Trust to pursue the
purchase of the above mentioned lots of the Nicholson's Irondale Reservoir Addition for
$275,000.00. The agreement to sell is done to promote the continuance of land
acquisition by Jefferson Land Trust for the Tamanous Rock project area.
W. Ron Allen, Tn a Chairman/CEO
2010
n
Jefferson Land Trust
RESOLUTION
February 16, 2010
WHEREAS, Jefferson Land Trust is submitting two applications for 2010 Conservation
Futures Funding; the projects are Tamanous Rock and Salmon Creek Riparian
Acquisition, and
WHEREAS, for the last few years, Jefferson Land Trust has worked in partnership with
the Jamestown S'Klallam Tribe, the Port Gamble S'Klallam Tribe, Jefferson County,
Washington State Parks, and numerous community members to protect the unique
geological, cultural and biological feature known as Tamanous Rock, and
WHEREAS tribal members, naturalists and scientists and community members have
recommended that the area that includes Tamanous Rock and adjacent acreage around
the Rock be protected to create a sanctuary for humans and wildlife, and
WHEREAS, this important community asset will require stewardship in perpetuity, to
include annual monitoring, maintenance and management,
WHEREAS, for applicants who submit more than one request for funding are required
by Conservation Futures Funding Program to rank applications by highest priority,
BE IT HEREBY RESOLVED that the Board of Directors of Jefferson Land Trust has
agreed that Tamanous Rock is the highest priority for 2010 Conservation Futures
Funding. The next highest priority is funding for the Salmon Creek Riparian
Acquisition for which Jefferson Land Trust is requesting Conservation Futures Funding
to match the Salmon Recovery Funding Board Grant already secured. The Salmon
Creek Riparian Acquisition represents a collaborative effort with Chumsortium partners
to preserve this important salmon habitat.
Signed this day 14 of r— 6' 2010.
Owen Fairbardc, President, Board of Directors
Jefferson Land Trust
x
INTERNAL REVENUE SERVICE
DISTRICT DIRECTOR
2 CUPANIA CIRCLE -
MONTEREY PARK, CA 91755 -7406
Date: MAY 03 1994
JEFFERSON LAND TRUST
C/O DOUG MASON PRES
PO BOX 1610.
PORT TOWNSEND, WA 98368 -0109
Dear Applicant:
DEPARTMENT OF THE TREASURY
Employer Identification Number:
91- 1465078
Case Number:
954109002
Contact Person:
TYRONE THOMAS
Contact Telephone Number:
(213) 894 -2289
Our Letter Dated:
May 08, 1990
Addendum Applies:
No
This modifies our letter of the above date in which we stated that you
would be treated as an organization that is not a private foundation until the
expiration of your advance ruling period.
Your exempt status under section 501(a) of the Internal Revenue Code as an
organization described in section 501(c)(3) is still in effect. Based. on the
information you submitted, we have determined that you are not a private
foundation within the meaning of section 509(a) of the Code because you are an
organization of the type described in section 509(a) (1) and 170(b) (1) (A) (vi).
Grantors and contributors may rely on this determination unless the
Internal Revenue Service publishes notice to the contrary. However, if you
lose your section 509(a) (1) status, a grantor or contributor may not rely on
this determination if he or she was in part responsible for, or was aware of,
the act or failure to act, or the substantial or material change on the part of
the organization that resulted in your loss of such status, or if he or she
acquired knowledge that the Internal Revenue Service had given notice that you
would no longer be classified as a section 509(a) (1) organization.
If we have indicated in the heading of this letter that an addendum
applies, the addendum enclosed is an integral part of this letter.
Because this letter could help resolve any questions about your private
foundation status, please keep it in your permanent records.
If you have any questions, please contact the person whose name and
telephone number are shown above.
Sincerely yours,
t�
R. Or� ossccov
District Director
Letter 1050 (DO /CG)
.r
Jefferson Land Trust
Operating Budget 2010
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Budget\ Fin_ Budget_ Comp_ 1192010 .xlsFin_Budget_Comp_1192010.xts Page 1 M4
2010 Proposed,
Budget Notes
Ordinary IncomelExpense
-_
Income
i I
Ali Who r �4,i ! „,� _ ,__. �1kfr. -x. •=mr �R,��r��C�'ipti' Iif.414roi='�.I +.k .,.�3}v<„-
_ 14070 Unrestricted Grants —._
' � 4020 - Unrestricted Capital Campaigns_
50000
-
J
fmM for JLT opportunities not specified currently one indvitlual
4021 O rtunnty fund
5,000.00 donates to Nis fund every year
14022 Cluimp., Opportunity Fund
�_
0.00 Account no longer used far QWC, see account 4524
Totd14020 Unrestricted Capital Campaigns _
5,00
j - ;,4030 Unrestricted Donations
i
1 1
1,000 Lard has been donated every typiglly in me QWC
4031 Donated_ Land _
4032 Donated Se ces_—
.001 year
owl
-
Tota 40
130 - unrestricted nonadens
T -
1,060 w
f 4040 - Unrestricted Stewardship (Long Term) -
• " -i _
4(161 New Contributions
_* re
-[Total 4040 -Unrestricted Stewadshp
_ 8,000.00 Contribution from Find River ($4,000) and Brawn Dairy (54,000)
8,000.00
I L
� I _.
4050 Value Conservation Easements
'Total 4000 unrestricted LAS Income
14,500.001
..... . Yl
-. '
.♦ ,,
yi ii .y,v _-
tx. t1- ” 9Ir
4510 Restricted Land Acaul% Giants
_
Reimburseable grant income for expenses other then payroll, see
4512 - State Grand Salmon Nabilat
48.650.00 budget Grant wrksheet for details
I
Reimburseable grant insane for expenses other than payroll, see
' i4514-SMte Grant
i - -_'
budet Grant Wrksheel fa details
704,0]500'i g
_
I
I
14516 Federal Grant
000 Miscellaneous gran!
Total4510 ResMCtetl Land Acquts Grants
_
152,725.00 _
4520 Restncted Capitol Campaigns
_ - -_ - P -
I
t
_
n
j 6527 Campaign Contributions
_ 0.00
- __452"uin6ter Wildlife COmtlor
75,00000 Continuation of Qmmper Wildlife Corridor campaign
I. i 'Total 1620-Restricted Capital Campaigns
'' 75,000.00
' 14540 - Restricted Stewardship FmMa
�4541 New COnNbWOra
Bubs Fund -donor restricted fund Interest must be used for Bulis
4542 Interest Income
- t 1
2,00000
. -
stewardship
_
T- 4543 - Grant Income _.
f
000
r
(.. )
14545 - Glen Cove Income moved too rations
0100
(Glen Cove �s a contract that will be reflected in Fee for Service -
Stewardshm in 2010
ToWI4540-Restricted Stewardship Funds
1
�
_
I
I 14550 Restricted Non- government Grant
_l
1
j 4551 Foundation Grants
10,000.00
1 4550 Restricted NOn- govemmeMGrant -Other
I 000
L- Total 4550 - Restricted Non - government Grant
1 1i 0,000.00
r
4500 - Restricted_ US Income -Other - - _
I
k _'�. 000 - .. - -_-
i. Total _ 4W - Restricted US Income ffor operational-
- 1]9,]25.00
1. 1 _4548 - Mul &Year, CnbbM LT Stew Fund (Capital Fund)
0.00
JL
ITotal Restricted US Income
179,725.00
i5 .';�3�tk}!�Lkxx 4,'fji� tEh .:i A
M
I �� Yi#{�Cix°:�
s1�9�mis�ndol� i
w
1 15100 Individual Annul Contributions
� -.5702
i
Annual Membership §0 -f69
'NA
_
_ -�_
5103 Annual Membership $50 $99
ANA
_
5104 Annual Membenshi $100.$249
i- p-
i1.5105
T
NA "'Per Development Budget Worksheet
- Annual Membershi -$250 f699-
�f'-
� INA
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Budget\ Fin_ Budget_ Comp_ 1192010 .xlsFin_Budget_Comp_1192010.xts Page 1 M4
Jefferson Land Trust
Operating Budget 2010
p
Annual Membership - $500-$999
_- _- -- -
20�000)DO.
Annual Membership- $1000+
20000.00 Per Development Budget Worksheet _
�. �
Per Development Budget Worksheet, includes both AIC 51M and
Miss Individual Dona_ tons _ _
10000005M
30,000.00 Worksheet)
Per Development Budget Worksheet. assumes 4th S25,000grant
Stewardship Operation
25 000.00'from Schneider Family Fund for StewaMsh p operations.
_. -.. _-
WwBPlace giving IcorP matches) i.
0 W : See acanunt 5108 , . - - _ __ _..
5100 Individual Annual Contribution
Multi-Year Contrbtns
Per
5125 -Per year Amount -$500 -$999
15126 -Per yearAmount- Ef0o0+ 1i
5420
ear derltrbNS f 150000.00 Based on 30 new Century $tewards($1,000'5 years -30 individuals)
Income 40,000.00$10000 JCCF Grant $30,000 other grant Income
j 1 Special Event- the only event booked in this category is the RainFest
AuIXron
50000.00 Per Oevebpment Budge[ Worksheet
7 T ---- 10,OWOO- Per OevelopmentSWget Worksheet
-- _ _ .. _
- Other
Facility Rental
6104
600 W Advams ng - $40.0 Rainiest 5200 other (2009 $5W)
n O.W. - ..
$300 Annual Meeting, $1,500 RainFest, $300 Visunteer Party. 5900
11 Ask Event (overall increase due to expected general increase In
3,000AOI facity charges and more space for in membership)
- _ _ _._
$6000 RainFest 5100 Annual Meetmg, $t,000 General Outreach,
$5,000 Ask Event, $500 Volunteers $2, 400 OWC(increase mclWas
lment 15,OW.00momes for mayor donorworking fund)
$200 Annual Meeting, $800 Newsletter, $150 YE Appeal, $200
'Membership On", $200 Fee Renewal wIUSPS. $500 General
1 (Outreach. 8245 Fundraising, $40 Stewardship, $40 Grant submittals
2,375001(same amount as 2009 budget)
1 _. -__ _.
$1500 Newsletter. $1 000 membership, $700 Stewardship am Land.
1$50 grant submittals, $50 volunteer party, $100 annual meeting,
1 $1200 RainFest, SW Edue/Oulreach, 5400 Century Steward
Breakfast, $7W map printing, $200 Farm Tour, $400 Picnic (same
4WltserverUefferson Land Trustlaa_S&P Style File Systern%.Financial and Asset Managementl6A.Annual BudgetlBudget120101Final Board Approved
BudgetSFin_ Budget_ Comp_ 1192010 .xlsFin_Budget_Comp_1192010.xis Page 2 of a
TOta15420 ponsorships-
�. �
10,00000
_.._
6430 Fund a Need!
30,000.00 Worksheet)
Based on 2000 ReoFest contributions (not included in Development
5-040 In48M COMnbution
-
''
2,00000 Budget WOMsheet)
I* ITotal 5400 - Events Income
92,00000
X5600 Fee for_Servme lrrcom_e
i Reimburseable grant income for expenes other than SBW ,per
L 5501- GmMAdminfBaselim,
T
_..
9255ZOO_• hudgetworkshealper SS seebudgel Grantworksheetforde tels
-. —.. _
5502 Easement Preparation
000
'I
Contracts for 2010 it 500 Jeff Cty $t 000 Glen Cove S3 .00t) Hoh
15503 Stewardshp
7,503,00 R ver Tmsl
5504 -Other consulting
000
I I 5505 EducaOOnal SeMnrPrograms
200.00 Workshops, etc.
Total 5500 -Fee for Service Income
i
100,25_7 00'1
FF56L Frontier Bank Savings and Co. VerguaM estimate Tapley-
. 5800 Operations Interes00ividend
110.000,00 Brown loan -
�i 5900 Other
-
_ _ -�_
15910 Other
100.00
_ _
5920 Sponsorship
Ir
Il___
5,000.00 Conservation Breakfast
�T _ -
Total $000 Operations Income
P
472,357.00
Facility Rental
6104
600 W Advams ng - $40.0 Rainiest 5200 other (2009 $5W)
n O.W. - ..
$300 Annual Meeting, $1,500 RainFest, $300 Visunteer Party. 5900
11 Ask Event (overall increase due to expected general increase In
3,000AOI facity charges and more space for in membership)
- _ _ _._
$6000 RainFest 5100 Annual Meetmg, $t,000 General Outreach,
$5,000 Ask Event, $500 Volunteers $2, 400 OWC(increase mclWas
lment 15,OW.00momes for mayor donorworking fund)
$200 Annual Meeting, $800 Newsletter, $150 YE Appeal, $200
'Membership On", $200 Fee Renewal wIUSPS. $500 General
1 (Outreach. 8245 Fundraising, $40 Stewardship, $40 Grant submittals
2,375001(same amount as 2009 budget)
1 _. -__ _.
$1500 Newsletter. $1 000 membership, $700 Stewardship am Land.
1$50 grant submittals, $50 volunteer party, $100 annual meeting,
1 $1200 RainFest, SW Edue/Oulreach, 5400 Century Steward
Breakfast, $7W map printing, $200 Farm Tour, $400 Picnic (same
4WltserverUefferson Land Trustlaa_S&P Style File Systern%.Financial and Asset Managementl6A.Annual BudgetlBudget120101Final Board Approved
BudgetSFin_ Budget_ Comp_ 1192010 .xlsFin_Budget_Comp_1192010.xis Page 2 of a
Jefferson Land Trust
Operating Budget 2010
\WltserveNefferson Land Trust\aa -S &P Style File System\6.Financial and Asset Management\6A.Annual BudgeABudget\2010 \Final Board Approved
Budget\ Fin_ Budget_ Comp_ 1192010 .xisFin_Budget_Comp_1192010.xls Page 3 of 4
Staff Nolunteer Training, $ 1000 Project Evaluation (same amount as
' 6108 Travel
2,250 00 12009 budget)
6109 Supplies
e aoun[as 2009 budget)
2250001$2,200 RainFasf$ 50 Ask Event (same
_
� .,6110 Other Expenses
_ ',
25000 $150 Lobbying. $100 General Outreach (Weed on 2009 expense)
'Total 61M Program Expenses
32.225 W
16200 -Land and Stewardship Expenses
-�
-
!
6210 Acquisition and conv once _
-
+_
-
'ISee
1
6211q Closing Fees
®
1500.00 Grant Reimbursement Worksheet_ _
!.
!6212 Excise Tax
Tr
0001
- -_. L13 - PropertylEasemant Punch Price
_ �.
0.001
'�,
�'6�14 TiOe lnsuance
'
650000',See Grail Reimbursement Worksheet
16216-Rewrding fees
40000. See Grant Reimbursement Worksheet
t88210 - Acquisition and conveyance Other
L
_conv -.
' TOta16210 Acquisition and conveyance
8,400.00
6230 LanNEassment Holding Expenses
6232 Fce Simple Fire protection fees
300 00,Based on 21709 a pare
- _ _
6233 F. Simple Property Taxes
4,2D0 00 Based on history plus $3,000 for T Rack
_.. 15234 Fee Simple Stewardship
-_
2550000'.Signage plus other stewardship for TROCk
- _conv _
-16236 Easement Stewardship_ __.
._._-
100000'l.- -
1166237 Other
0001
_
_ 1 - 15239 JLT LandlStawardshlp Expenses _
600
l6239 Write down Conservation Easements
0001,
L Total 6230 LandlEasement Holding Expenses
_
I, Total 6200- Land and Stewardship Expenses -
I
�.
I
39,40000_
16300 Professiunalservices
— ------
I Estimated! per SS, work started in 2009 and will continue through
6301 - Management PlaNConservation Plan
_
10,000W12010
Reimburseable expense Per budget worksheet per SS, see budget
Appraisals
66,000.00. Grant worksheet for details
< - _,6303- _. _.. -_ _. -.. _
—t-.`
-
Reimburssable expense Per budget worksheet per SS, see budget
6307. Environmental Assessments
.conv
7,500.W Grant worksheet for details
(- —conv _
Reimburseable expense per budget worksheelpw SS, see budget
16305 Land Consulting
T-.. - -_
m
- - -. 22,750001Gm worksheet for details
Reimburseable expense per budget worksheet per SS, sea budget
6306 Legal
5,500.00IGranl worksheet for details
+— .6307 Mapping___ —_—___
3,000.00iEStimated per EK _
Reimburseable expense per budget worksheet per SS, see budget
,6308. Surveys conv-_ -� --
- -- -� - --
14,2!:.00'. Grant worksheet for debis
-
' 6309- Gmphiu
_._.__.._
2,000.00''�Brochure planned for 2010
11$10,000 video, 58,000 Ra,hFest ocnsultant $3.000 Auctioneer,
1$11,000 PartTime Event Coordinator, $29,325 other reimburceable
expense per budget worksheet per SS. $20,000 Strategic Plan
8310�01her Professional
81,32500 Consultant
' 16311 1andyyorka Consulting
-
2,000,00 JLT Share of Kale Dean expense
�-
Total 6300- Professional services
�-
_ -;
214,275.00,
�
Tool COGS.
I
28590000
Gross Profit',
1
1 ! 17000 - Operations Expense
I
7100 Admin Once E Expenses
1
7101 Accounting /Bookeeping Services
15 200 00'. S13200 Clardy, $2,000 Clark Nuber Review, of Form 990
- 7102 Advertising
250 00'Conlingenry far volunteers or hiring
�I
G- i pf03-BaMC Service Charges
conv --
__.
300.00 Based on 2009 expense
' 71004- Insurance
552000 'D80 insurance, based on 2009 expense
-1710 nternet_ _ - -.
900.00 Based on Owest bills for access in 2009
—__
1 �
1Mll
'Based on estimated expense per Firs[ Data, rsetlit Ards will be
Credit Card fees - Nova
_
,
2 500.00', processed by JLT staff in 2010__
T 1171110.
Equipmenvittuniture purchase
_ p - --
2200T00 equipment less than $500 per purchase zatbn policy)
--
7111 Eui enfttum:Wre matrrteaance
q pm
! 7113 -_
2000.00 Typically printer or computer maintenance
_ _._ _
Do or Data Base
�
1
i
3,315.00' pestry subscri Lion costs
O an
- __—
_
17114. Office Supplies
1
1,8D0 00 Based on 2009 expense
\WltserveNefferson Land Trust\aa -S &P Style File System\6.Financial and Asset Management\6A.Annual BudgeABudget\2010 \Final Board Approved
Budget\ Fin_ Budget_ Comp_ 1192010 .xisFin_Budget_Comp_1192010.xls Page 3 of 4
Jefferson Land Trust
Operating Budget 2010
1WltserverWefferson Land Trustlaa_S8P Style File System56.Financial and Asset Managementk6A.Annual BudgetlBudget120101Final Board Approved
Budget\Fin_Budget_ Comp_ 1192010 .xisFin_Budget_Comp_1192010.xls Page 4 of 4
7115 Postage and shipping 140000'Based on 2009 expense
_9e- _._- _._ _......
__
n t an u rca t
- Basetl on a in expense
e9_ r n9 2
errt _ expense fw 2010
_ 16980�IBased
--
�--
{ -_
_
Telephone 2.10000.Nemorosemrexpe
J Basetl on 2009 expense
on 2009 expense related to attentlanw at forums, boaN
]119 Travel -- _ 500 plaming retreat_other meetings not program related
17120 OOlroes - - 1 4000018ased on 2009 expanse -
_"
- -
1121 De- -se n 120000.
17122 Web DCSlgnretalntenance 1,200.00!Basetl n 2009 expense for NexlPage services, Could be adjusted
- t__- _ - - -_- - _ ___ - -__. _
.1i23�Otlier 50000 Miscellannus purchases
Based on 2009 expense mm Increase for hats -includes volunteer
117124 Volunteers 2,500.0OPthank -you gifts (e .q tech help)__
rl _
Basedn2009 etyense - LTA dues WALT tlues, booksrmagazisis,
7125 Dues & 2 Constant
-
7126 F od 8 EMeRa ntment r 5W W 2009 a
I Basetl n 2009 expense
7127 Accreditation .. _. ..... -0.00 No _-
____ _ effeed expensesn2010
7128 Pay Pal Fee 90.D01 Based on 2009 expense �- _- --
7129 Based n 2009 expense will adjust based n stock donations
Management Fee _ _ _ 0
130 - Donations 000.
]101 Finance ChargeslLats Fees owl
h190 Bad Debt Expense 1 500 00��
t- _._ - _ -- --- -
200 &2009 M1ISto7
I _
�
- - 1 (Basetl on
Total 7100 Admin Office Expenses 67 355.00
-
t
1
]200 Training - _
M -- "-
702 Onsitetratmng_-_ 000 _
-- l 4 -
D4- Dues Subscriptions Training 5000.000 LTA east coast LTA regional conference
72D3 Off rt eoo
7 _
iTotal 72M Training
17M Salary, PR tax, barrel
Payroll Staff Adjustment Worksheet, assumes change in staff ,
T~
�h_
IISee
_
14
Budget Payroll 239311. %increase
I T
17360 Health Insurance 35,897001_
Simple IRA with 2% JILT mntnbution rather than match of employee
I
7,,65 SIMPLE IRA Match 4,786.00 Contribution
7310 Payroll Taxes
I_
(Total 7370 - Payroll Taxes 28.143.00
Tota17300 Salary,PRtax,berrefits 308137 00
Total 7000 Operations Expense 380,492.00,
!I-
Total
Expense -_ '. 666,392001
�e
_�I
off w/o off CE 0001
xp� Write
Inca
ome
..,. >,:
t
a
1WltserverWefferson Land Trustlaa_S8P Style File System56.Financial and Asset Managementk6A.Annual BudgetlBudget120101Final Board Approved
Budget\Fin_Budget_ Comp_ 1192010 .xisFin_Budget_Comp_1192010.xls Page 4 of 4
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JEFFERSONLAND TRUST
AND SUBSIDIARY
Consolidated Financial Statements and
Independent Accountants' Review Report
December 31, 2008
Table of Contents
Independent Accountants' Review Report
Consolidated Financial Statements:
Consolidated Statement of Financial Position
Consolidated Statement of Activities
Consolidated Statement of Cash Flows
Notes to Consolidated Financial Statements
Supplemental Information:
Consolidated Statement of Functional Expenses
.,:,
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13
Independent Accountants' Review Report
Board of Directors
Jefferson Land Trust and Subsidiary
Port Townsend, Washington
We have reviewed the accompanying consolidated statement of financial position of Jefferson
Land Trust and Subsidiary (collectively, JLT, a nonprofit organization) as of December 31,
2008, and the related consolidated statements of activities and cash flows for the year then
ended, in accordance with Statements on Standards for Accounting and Review Services issued
by the American Institute of Certified Public Accountants. All information included in these
consolidated financial statements is the representation of the management of JLT.
A review consists principally of inquiries of JLT personnel and analytical procedures applied to
financial data. It is substantially less in scope than an audit in accordance with auditing standards
generally accepted in the United States of America, the objective of which is the expression of an
opinion regarding the financial statements taken as a whole. Accordingly, we do not express such
an opinion.
Based on our review, we are not aware of any material modifications that should be made to the
accompanying consolidated financial statements in order for them to be in conformity with
accounting principles generally accepted in the United States of America.
Our review was made for the purpose of expressing limited assurance that there are no material
modifications that should be made to the financial statements in order for them to be in
conformity with generally accepted accounting principles. The information included in the
accompanying statement of functional expenses on page 13 is presented only for supplementary
analysis purposes. Such information has been subjected to the inquiry and analytical procedures
applied in the review of the basic financial statements, and we are not aware of any material
modifications that should be made thereto.
Certified Public Accountants
Bellevue, Washington
June 12, 2009
JEFFERSON LAND TRUST AND SUBSIDIARY
Consolidated Statement of Financial Position
December 31, 2008
Assets:
Cash and equivalents $ 559,515
Investments (Note 2) 240,345
Accounts receivable 123,737
Pledges receivable (Note 3) 468,328
Prepaid 30,000
Land, conservation easements, and purchase options
Habitat land
388,303
Working land
325,432
Open space land
167,093
Conservation easements
35
Land purchase option
30,000
Total land, conservation easements, and purchase options (Note 4)
910,863
Furniture and equipment, net of depreciation of $7,856 5,351
Total Assets $ 2,338,139
Liabilities and Net Assets:
Accounts payable $ 13,798
Accrued expenses and deferred revenue 30,136
Long -term debt (Note 5) 223,061
Total Liabilities 266,995
Net Assets:
Unrestricted (Note 7):
Undesignated 270,369
Board designated 841,933
Total unrestricted net assets 1,112,302
Temporarily restricted (Note 8) 958,842
Total Net Assets 2,071,144
Total Liabilities and Net Assets $ 2,338,139
See accompanying notes and accountants'report.
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JEFFERSON LAND TRUSTAND SUBSIDIARY
Consolidated Statement of Activities
For the Year Ended December 31, 2008
Revenue, Gains and Losses:
Gifts and contributions
Fair value of easement acquistions
Grants and contracts
Special events income, net of expenses of $17,427
Net loss on investments
Gain on sale of habitat land property
Rental income
Release from purpose restriction
Total Revenue, Gains and Losses
Expenses:
Program
General and administrative
Fundraising
Total Expenses
Change in Net Assets
Beginning of year net assets,
as adjusted (Note 9)
End of Year Net Assets
See accompanying notes and accountants'report.
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Temporarily
Unrestricted Restricted
$ 346,227 $ 594,436
1,198,820
160,336
85,359
(54,106)
94,182
21,615
30,941 (30,941)
1,883,374 563,495
1,604,890
121,282
46,341
1,772,513
Total
940,663
1,198,820
160,336
85,359
(54,106)
94,182
21,615
2,446,869
1,604,890
121,282
46,341
1,772,513
110,861 563,495 674,356
1,001,441 395,347 1,396,788
$ 1,112,302 $ 958,842 $ 2,071,144
JEFFERSONLAND TRUSTAND SUBSIDIARY
Consolidated Statement of Cash Flows
For the Year Ended December 31, 2008
Cash Flows from Operating Activities:
Change in net assets
$ 674,356
Adjustments to reconcile change in net assets to
net cash provided by operating activities:
Depreciation and amortization
1,720
Donated land and easements
(38,930)
Realized and unrealized loss on investments
71,294
Gain on sale of land
(95,362)
Changes in assets and liabilities:
Accounts receivable
(64,822)
Pledges receivable
(159,340)
Accounts payable
11,414
Accrued expenses
13,256
Net Cash Provided by Operating Activities 413,586
Cash Flows from Investing Activities:
Purchases of investments (7,838)
Proceeds from sale of investments 5,245
Purchases of land and land purchase option (161,426)
Proceeds from sale of land 126,180
Purchases of furniture and equipment (823)
Net Cash Used by investing Activities (38,662)
Cash Flows from Financing Activities:
Payments on long term debt (3,049)
Net Cash Used by Financing Activities (3,049)
Net Change in Cash and Cash Equivalents 371,875
Cash balance, beginning of year 187,640
Cash Balance, End of Year $ 559,515
Supplemental Disclosure of Cash Flow Information:
Cash paid for interest $ 18,566
See accompanying notes and accountants'report.
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JEFFERSONLAND TRUSTAND SUBSIDIARY
Notes to Consolidated Financial Statements
Note I - Organization and Summary of Significant Accounting Policies
Organization - Jefferson Land Trust (the Land Trust) is a Washington nonprofit corporation, formed on April
7, 1989. The Land Trust's purpose is to acquire, preserve and manage open space lands and easements for
land conservation purposes benefitting the public. The Land Trust also provides information and materials to
the public on land conservation issues. The Land Trust serves Jefferson County on the Olympic Peninsula in
Washington. The Land Trust has been accredited by the national Land Trust Alliance as of August 5, 2009.
On September 5, 2007, JLT Resources, LLC was formed with Jefferson Land Trust as its only member. JILT
Resources, LLC was formed for the purpose of purchasing and holding land for conservation purposes.
Summary of Significant Accounting Policies:
Principles of Consolidation - These financial statements consolidate the statements of Jefferson Land Trust
and JLT Resources, LLC (collectively, "JLT"). Inter- organization balances and transactions have been
eliminated in consolidation.
Basis of Accounting - The financial statements of JLT have been prepared on the accrual basis of
accounting.
Basis of Presentation - Net assets and revenues, expenses, gains and losses are classified based on the
existence or absence of donor - imposed restrictions. Accordingly, the net assets of JLT and changes therein
are classified and reported as follows:
Unrestricted Net Assets - Include all net assets on which there are no donor - imposed restrictions for
use, or on which donor - imposed restrictions were temporary and have expired.
Temporarily Restricted Net Assets - Include all net assets subject to donor - imposed restrictions that
will be met either by actions of JLT or the passage of time.
Permanently Restricted Net Assets - Include all net assets received by donations wherein the donors
impose a permanent restriction on the use of the gift. The donors require the gift to be invested and
only the income from such investments may be used to support the intended cause. JLT had no
permanently restricted net assets as of December 31, 2008.
All donor - restricted support is reported as increases in temporarily or permanently restricted net assets,
depending on the nature of the restriction. When restrictions expire (that is, when a stipulated time restriction
ends or purpose restriction is accomplished), temporarily restricted net assets are reclassified to unrestricted
net assets and reported in the statement of activities as net assets released from restriction. Gifts of
equipment are reported as unrestricted support unless explicit donor stipulations specify how the donated
assets must be used. Gifts of long -lived assets with explicit restrictions that specify how the assets are to be
used and gifts of cash or other assets that must be used to acquire long -lived assets are reported as
restricted support. Absent explicit donor stipulations about how long those long -lived assets must be
maintained, expirations of donor restrictions are reported when the donated or acquired long -lived assets are
placed in service.
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JEFFERSON LAND TRUST AND SUBSIDIARY
Notes to Consolidated Financial Statements
Note I - Continued
Use of Estimates - The preparation of financial statements in conformity with accounting principles generally
accepted in the United States of America requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the
date of the financial statements, and the reported amounts of revenues and expenses during the reporting
period. Actual results could differ from those estimates.
Cash and Cash Equivalents - For reporting purposes, JLT considers all unrestricted highly liquid
investments with a purchased maturity of three months or less to be cash equivalents.
Concentrations - JLT maintains its cash in bank deposit accounts with one financial institution. JLT's cash
balances may, at times, exceed federally insured limits.
One donor's pledge represented approximately 43% of pledges receivable at December 31, 2008.
Investments - Investments in marketable securities with readily determinable fair values and all investments
in debt securities are valued at their fair values in the statement of financial position. The carrying amount of
the investment held in trust is determined by the trustee holding the securities. Unrealized gains and losses
are included in the change in net assets.
JLT has established a designated fund at Jefferson County Community Foundation. As JLT has designated
itself as the beneficiary of the fund, the fund balance and activity are reported in the financial statements of
JLT as required by generally accepted accounting principles.
Accounts Receivable - Accounts receivable are stated at the amount management expects to collect from
outstanding balances. Management provides for probable uncollectible amounts through a charge to earnings
and a credit to a valuation allowance based on its assessment of the current status of individual accounts.
Balances still outstanding after management has used reasonable collection efforts are written off through a
charge to the valuation allowance and a credit to trade accounts receivable. Changes in the valuation have
not been material to the financial statements.
Grants and Contracts - JLT receives grants and contracts from federal, state, and local agencies, as well as
from private organizations, to be used for specific programs or land purchases. The excess of grants
receivable over reimbursable expenditures to -date is recorded as deferred revenue.
Furniture and Equipment - Furniture and equipment are capitalized at cost if purchased, or, if donated, at
the approximate fair value at the date of donation. When retired or otherwise disposed of, the related carrying
value and accumulated depreciation are removed from the respective accounts and the net difference, less
any amount realized from disposition, is reflected in earnings. Maintenance and repairs are charged to
expenses as incurred. Costs of significant improvements are capitalized. JLT provides for depreciation using
the straight -line method over the estimated useful lives of the assets of five to ten years.
M
JEFFERSON LAND TRUSTAND SUBSIDIARY
Notes to Consolidated Financial Statements
Note I - Continued
Land and Easements - JLT records acquisitions of land at cost if purchased. Land acquired through
donation is recorded at fair value, with fair values generally based on independent professional appraisals.
These assets fall into two primary categories:
Conservation lands - Real property with significant ecological value for habitat, open space, or
working lands. Stewardship programs of JLT manage these properties to protect the natural
biological diversity of the property. JLT manages its working timberland as a Forest Stewardship
Council — Certified, managed forest
Conservation easements - Voluntary legal agreements between a landowner and a land trust or
government agency to permanently protect the identified natural features and conservation values of
the property. These easements may be sold or transferred to others so long as the assignee agrees
to carry out, in perpetuity, the conservation purposes intended by the original grantor. Conservation
easements owned by JLT protect habitat, open space and working lands, such as family farms,
through its stewardship programs.
Easements acquired represent numerous restrictions over the use and development of land not
owned by JLT. Since the benefits of such easements accrue to the public upon acquisition, the fair
market value of easements acquired is shown in the year of acquisition as an addition to net assets to
record the donation of the easement, and unless conveyed to a public agency for consideration,
shown as a reduction in net assets to record the value of the public's benefit and to recognize that
these easements have no marketable value once severed from the land and held by JLT. Easements
held by JLT are carried on the statement of financial position at $1 each for tracking and accounting
purposes. Easements valued at $1,198,820 were donated to JLT during the year ended December
31, 2008. Accordingly, $1,198,820 of contribution revenue and $1,198,815 of related write down
expense have been reported on the statement of activities for the year ended December 31, 2008.
Federal Income Taxes - The Internal Revenue Service has determined Jefferson Land Trust and JLT
Resources, LLC (a disregarded entity) to be exempt from federal income taxes under Internal Revenue
Code Section 501(c)(3). Contributions to the organizations are deductible as allowed under Section
170(b)(1)(A)(vi) of the Code.
Functional Allocation of Expenses - The costs of providing the various programs and other activities have
been summarized on a functional basis in the statement of activities. Accordingly, certain costs have been
allocated among the programs and supporting services benefited.
Note 2 - Fair [value Measurements
In September 2006, the Financial Accounting Standards Board ( "FASB ") issued FASB Statement ( "SFAS ")
No. 157, Fair Vatue Measurements. SFAS 157 defines fair value, establishes a framework for measuring fair
value in generally accepted accounting principles, and expands disclosures about fair value measurements.
To increase consistency and comparability in fair value measurements, SFAS 157 uses a fair value hierarchy
that prioritizes the inputs to valuation approaches into three broad levels. The hierarchy gives the highest
priority to quoted prices in active markets (Level 1) and the lowest priority to unobservable inputs (Level 3).
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JEFFERSON LAND TR UST AND SUBSIDIARY
Notes to Consolidated Financial Statements
Note 1- Continued
Valuation Techniques - Financial assets and liabilities valued using Level 1 inputs are based on unadjusted
quoted market prices within active markets. Financial assets and liabilities valued using Level 2 inputs are
based primarily on quoted prices for similar assets or liabilities in active or inactive markets. Financial assets
and liabilities using Level 3 inputs were primarily valued using managements assumptions about the
assumptions market participants would utilize in pricing the asset or liability. Valuation techniques utilized to
determine fair value are consistently applied.
Fair Values Measured on a Recurring Basis - Fair values of investments measured on a recurring basis at
December 31, 2008 were as follows:
Certificates of deposit
Funds held at Jefferson County
Community Foundation
Fair Value Measurements at December 31, 2008
Quoted Prices
Significant
In Active
Other
Significant
Markets for
Observable
Unobservable
Identical Assets
Inputs
Inputs
(Level l)
(Level 2)
(Level 32 Total
- $ 91,449 $ - $ 91,449
148.896 148.896
A reconciliation of the beginning and ending balances for fair value measurements made using significant
unobservable inputs (Level 3) follows:
Beginning balance at January 1, 2008 $ 221,686
Total losses (realized /unrealized) (67,545)
Withdrawals (5.245)
Ending Balance at December 31, 2008 S 148.898
Investment return for the year ended December 31, 2008 consisted of the following:
Interest income
Realizedlunrealized loss
$ 17,188
(71.294)
I'm
JEFFERSON LAND TRUSTAND SUBSIDLIRY
Notes to Consolidated Financial Statements
Note 3 - Pledges Receivable
At December 31, 2008, JLT had $468,328 in pledges receivable, which are to be received over a period of
five years. Expected future receipts for the next five years are as follows:
Years Ending December 31,
2009
$ 143,307
2010
131,916
2011
104,840
2012
82,765
2013
5.500
E 468.328
A present value discount on pledges receivable has been determined to not be material to the financial
statements. No allowance for doubtful accounts was deemed necessary by management for the promises to
give based on historic experience.
Note 4 - Land, Conservation Easements, and Purchase Options
Land, conservation easements, and purchase options at December 31, 2008 are summarized as follows:
Land:
Red Dog Farm
Quimper Wildlife Corridor
Bulis
Chimacum Creek
Kilham Corner
Conservation easements
Land purchase option
$ 333,760
243,804
125,240
139,094
38,930
35
30.000
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JEFFERSON LAND TRUSTAND SUBSIDLARY
Notes to Consolidated Financial Statements
Note S - Long -term Debt
On December 18, 2007, JLT entered into a loan agreement with a commercial lender in the amount of
$226,110. The loan bears interest at 8.5 %, and is due in 60 monthly payments of principal and interest
totaling $1,965, and a final principal payment of $202,753 on January 10, 2013. The loan is secured by the
Red Dog Farm property and an Assignment of Rents from the lease described in Note 6.
Principal payments on the loan are as follows:
Years Ending December 31,
2009
2010
2011
2012
2013
Note 6 - Lease Agreements
$ 4,451
4,845
5,273
5,739
202.753
JLT has entered into an operating lease as lessee for its administrative office in Port Townsend, Washington.
The lease expires in June 2010. Rent expense totaled $17,627 for the year ended December 31, 2008.
Minimum lease payments for 2009 and 2010 are $16,950 and $8,475, respectively.
On December 20, 2007, AT Resources, LLC entered into a lease agreement as lessor for the Red Dog Farm
property. The lease term is five years, and monthly lease payments are $1,965. The lease requires the lessee
to pay all taxes and assessments relating to the property. The lease also requires the lessee to comply with a
land use plan, and provides a purchase option to the lessee during the lease term.
Sublease rentals to be received are as follows:
Years Ending December 31,
2009
$ 23,580
2010
23,580
2011
23,580
2012
23.580
S 94.320
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JEFFERSON LAND TR UST AND SUBSIDIARY
Notes to Consolidated Financial Statements
Note 7- Unrestricted Net Assets
Unrestricted net assets consisted of the following at December 31, 2008:
Designated - Red Dog Farm land
$ 333,760
Designated - Quimper Wildlife Corridor land
243,804
Designated - Bulls
125,240
Designated - Chimacum Creek
139,094
Conservation easements
35
Total designated
841,933
Undesignated
270.369
Note 8 - Temporarily Restricted Net Assets
Temporarily restricted net assets consisted of the following at December 31, 2008:
Purpose restriction
To purchase Glendale Farm easement $ 300,000
To purchase Gateway land 100,000
For stewardship of Bulis property 90.514
490,514
Time restriction:
Outstanding pledges 468.328
S 958.842
Note 9 - Adjustments to Beginning Net Assets
During the year ended December 31, 2007, JLT entered into an agreement with the Jefferson County
Community Foundation (JCCF), whereby the Jefferson Land Trust Stewardship Fund (the Fund) was
established. JLT transferred a total of $215,260 to the Fund. Per the terms of a Memorandum of
Understanding, distributions from the Fund will be made for stewardship and legal defense of easements held
by JLT. This transaction had been recognized as an expense in a prior year. It was determined during the
year ended December 31, 2008 that, under the terms of the fund agreement, JLT maintains control over the
fund assets and any distributions of earnings from the Fund. Therefore, an adjustment was recorded to
reverse the expense and record the value of the fund and related investment earnings at December 31, 2007.
As a result, beginning net assets were increased by $221,686.
During the year ended December 31, 2008, JLT determined that temporarily restricted funds held by JLT from
previous year donations had originally been recorded as unrestricted. The temporary restriction has been
recorded as of December 31, 2007. As a result, beginning temporarily restricted net assets were increased by
$395,347, and beginning unrestricted net assets were decreased by $395,347.
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JEFFERSON LAND TR UST AND SUBSIDIARY
Notes to Consolidated Financial Statements
Note 9 - Continued
During the year ended December 31, 2008, JLT determined that unrestricted funds held by JLT from a
previous year donation had originally been recorded as temporarily restricted. The temporary restriction has
been reversed as of December 31, 2()07. As a result, beginning unrestricted net assets were increased by
$37,084, and beginning temporarily restricted net assets were decreased by $37,084.
During the year ended December 31, 2008, JLT determined that a portion of land held had been transferred
to an outside party in a prior year, but had not been reflected as such in the accounting records. The land has
been removed from the records as of December 31, 2007. As a result, beginning unrestricted net assets were
decreased by $7,500.
During the year ended December 31, 2008, JLT determined that a portion of land had been acquired in a
previous year, but had not been reflected as such in the accounting records. The land has been included in
the records as of December 31, 2007. As a result, beginning unrestricted net assets were increased by
$9,650.
The following table sets forth the effects of these adjustments at December 31, 2007:
As Previously
Reported Adfustments AsAdiusted
Consolidated Statement of Financial Position:
Unrestricted net assets $ 1,135,867 $ (134,426) $ 1,001,441
Temporarily restricted net assets 37.084 358.263 395.347
Total Net Assets S 1.172.951
Note 10 - Subsequent Events
In the months following year end, JLT, along with the markets in general, has experienced significant
fluctuations in its investment balances. JLT is aware there are significant pressures in the current global
financial markets. JLT is vigilantly monitoring the developments in the markets and believes that it is
positioned to deal with these developments should the unfavorable market conditions persist. Policy dictates
maintaining the asset allocation through all markets rather than attempting market timing.
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JEFFERSON LAND TRUST AND SUBSIDIARY
Consolidated Statement of Functional Expenses
For the Year Ended December 31, 2008
Land and stewardship expenses
130,717
General and
136
130,853
Fair value of easement donations written down
Program
Administrative
Fundraising
Total
Salaries
$ 149,260
$ 61,217
$ 31,536 $
242,013
Payroll taxes
15,121
6,097
3,170
24,388
Employee benefits
22,253
8,973
4,666
35,892
Total salaries and benefits expense
186,634
76,287
39,372
302,293
Land and stewardship expenses
130,717
136
130,853
Fair value of easement donations written down
1,198,815
1,198,815
Donation to Nordland Garden Club
6,284
6,284
Professional fees
28,045
28,045
Public awareness
12,395
12,395
Rent
10,871
4,459
811
16,141
Postage and printing
11,708
584
2,267
14,559
Travel and seminars
7,937
2,081
1,067
11,085
Office supplies
6,406
1,973
867
9,246
Insurance
2,443
2,465
4,908
Web design and maintenance
867
867
1,734
Telephone
2,181
894
461
3,536
Utilities
1,275
523
269
2,067
Dues and subscriptions
1,561
1,561
3,122
Depreciation
1,061
435
224
1,720
Bank fees
453
453
Interest
18,566
18,566
Other expenses
5,169
1,522
6,691
Total Expenses
$ 1,604,890 $
121,282 $
46,341
$ 1,772,513
See accountants'report.
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AdM
OA • C • E PS, Inc.
Misr
Appraisal • Consulting • Environmental Screening
April 20, 2009
Ms. Karen Waltenburg, Property & Acquisition Specialist
Washington State Parks and Recreation Commission
P.O. Box 42650.
Olympia, Washington 98504 -2650
RE: HEIDGERKEN 63 ACRES- Anderson Lake Road, Jefferson County, WA
TAX PARCEL NO. 901102004 & 901102006
Dear Ms. Waltenburg:
At your request, on behalf of the Commission, I have completed an analysis of the above property and
have arrived at an estimate of its value. The purpose of this valuation is to establish the "Fair Market
Value" of the subject property, the definition of which is defined within the body of this report.
Property Overview
The subject of this report is an acreage parcel which is a total of 62.38 acres in size, made up of two tax
parcels which are adjacent to each other. The acreage size is based upon the Mason County records, and
presumed to be correct. The majority of the site is contained within Tax Parcel 901102004, which is
approximately 59 acres in size. The balance of the parcel is contained within Tax Parcel 901102006. The
smaller parcel is part of a recorded Jefferson County shortplat and is therefore, a legally segregated parcel
which could be marketed separate from the larger parcel. The parcel has a very diverse topography which
includes moderate slopes on the Easterly portion, Southerly Portion and Westerly Portion, with a
significant level area near the center of the property and very steep rocky cliffs in the Northwesterly
portion. Within this area of rock faces and peaks is a site of archeological and historical significance to
the local Indian Tribe. It is known as "Tamanous Rock ". The parcel is accessed by a private gravel
easement road which feeds off of Anderson Lake Road. This private easement road was presumably
constructed at the time of initial logging of the parcel. The roadway is well constructed and also includes
storm drainage consisting of catch basins, culverts and ditches with velocity control measures in place to
control erosion. It does not appear that utilities have been installed to the property. The parcel is mostly
cleared but has areas of fairly heavy tree cover in the vicinity of steep areas and wetlands. There are no
building improvements or other significant structures on the property.
Scope of Appraisal Assignment
The value which is set forth is based on site inspection and analysis of pertinent data. The property was
appraised using the recognized approaches to value as they were applicable. This being an unimproved
property which is non- income producing, the Sales Comparison Approach was the only approach used.
The value of the existing merchantable timber and reforestation, was determined from examination of
sales, with and without timber value and supported by a timber cruise completed by Forestech, LLC. The
analysis and conclusions are presented in a Summary Report Format, which is intended to meet or exceed
the requirements of USPAP Section 2 -213.
Conclusions
The analysis of the large acreage sales indicate a range from $ 9,400 to $10,700 per acre after necessary
adjustments were made. Sales were spread evenly across the range. This per acre rate includes timber
value. The calculation of the final value estimate is outlined on Page 5.
The analysis of acreage sales which did not include timber value were not as extensive as for those with
timber. The range is from $ 7000 to $ 7,600 per acre. The value of the timber as contained within the
Forestech LLC, 3/2009 timber cruise (attached in Appraisal Addenda), is $ 72,500 (r).
The final reconciled value is a blending of the conclusions reached from each of the two methods.
The estimated fair market value of the Fee Simple interest in the subject property, including timber value,
as of the date of valuation was:
SIX HUNDRED THOUSAND DOLLARS
$ 600,000
Of course, the above estimate is subject to any Limiting Conditions or Assumptions made by the appraiser
and disclosed herein.
Statement of Accompaniment
A letter /response form was sent to the property owner, offering him a chance to accompany the appraiser
during his site visit on February 12, 2009. The property owner returned the form indicating that he wanted
to accompany the appraiser. On the day of site visit, the owner did not show up. I telephoned his office
and was informed that he was called out of town and indicated to his secretary to tell me to go ahead and
look at the property without him. The appraiser was accompanied by representatives from Parks and
Recreation and a representative from Forestech, LLC.
Respectfully submitted,
Rick D. Wells, IFAS
WA. State Certified General Appraiser #1100344
SUMMARY OF SALIENT FACTS AND CONCLUSIONS
IDENTIFIED CLIENT AND AUTHORIZED USERS
The authorized client named i this report is Washington State Parks and Recreation Commission, The
Client entered into a contract for appraisal and appraisal related services on 03/11/2009. Under the terms
on the contract, A.C.E. PS, Inc. is responsible for retaining a qualified forester to evaluate the standing
merchantable timber on the subject property.
IDENTIFICATION OF SUBJECT PROPERTIES/PROJECT REFERENCE
The subject is identified by it's Tax Parcel Numbers 901 102 004 & 901 102 006
The subject property is located on the North side of Anderson Lake Road, bordering the Anderson Lake
State Park, approximately 3/4 mile West of Rhody Drive and 1/4 mile East of the Anderson Lake State
Park entrance, in Jefferson County, Washington.
COMPETENCY /INVOLVEMENT STATEMENT
Based on experience and training, this appraiser feels competent to complete this appraisal assignment.
The reader is referred to the Appraiser's Qualifications included in the Addenda to this report. Regarding
involvement in the completion of this appraisal, no one other than Rick D. Wells, the appraiser signing
this report, provided a significant contribution to the analysis and/or valuation conclusions. Michael J.
Friedel, a staff appraiser with A.C.E. PS, Inc. assisted in verification of comparable sale information and
terms.
DATE OF APPRAISAL/DATE OF REPORT
The subject property was visited on February 12, 2009. The majority of the parcel was walked and those
areas which were not readily accessible were inspected from adjacent properties or aerial photographs.
Photographs were taken during the inspection. The date of inspection is considered the effective date of
valuation. The date of the report is April 20, 2009, the date which the client was advised of the
conclusions of the analysis.
STATEMENT OF OWNERSHIP
According to the Preliminary Title Report No. 73351, produced by First American Title, the title to the
subject properties is vested as follows:
George F. Heidgerken and Jacalyn R. Heidgerken, husband and wife
420 East 18`h Street
Tacoma, WA 98421
SALES HISTORY
According to the Jefferson County Records, the subject property was purchased by the current ownership
on 041011993. The seller was Mary E. Theriault, as her separate estate. The purchase price for the
property was $ 240,000. No sales or transfers of the subject property have occurred since purchase.
(This cursory analysis ofsales history is intended to satisfy appraisal reporting guidelines only, which are concerned mainly
with price levels paid for the property within recent years, and is not intended to detail all deviations in ownership interest
which may have occurred over this time period The appraiser does not guarantee either content or accuracy. It is
recommended that the reader consult a proper title report prepared by a qualified individual.)
PROPERTY RIGHTS APPRAISED
Fee Simple
HIGHEST AND BEST USE
The Highest and best use as vacant is as residential large acreage building sites in a configuration which
satisfies the requirements of the present zoning and provides the greatest monetary return to the property
owner.
ZONING
RR -20 - Rural Residential 1 Dwelling Unit per 20 Acres.
STREETS AND UTILITIES
The property fronts a Jefferson County maintained two lane asphalt roadway. The interior of the property
is accessed by gravel logging road easement which enters the property from the South, near the center and
traverses Northerly, then turns and runs in a Southwesterly direction, then turns and runs in a
Northwesterly direction to it's terminus. There are no utilities on the property.
BUILDING SIZE AND BREAKDOWN
Unimproved raw land, no building improvements.
SPECIAL CONDITIONS /ASSUMPTIONS
This appraisal assignment requires that the appraiser render a j udgement as the approximate location of
the property boundaries, the size of the property and overall utility of the property. There are ecologically
sensitive areas within the property, the exact boundaries of which have not been defined. Additionally,
there is a site of archeological and historical significance also located on the property. The judgement of
overall site utility and useable area, is based upon available information from site inspection, topographic
maps, and aerial photos, together with information gathered from phone conversations with regulatory
agencies and tribal representatives. The estimate is felt to represent a reasonable expectation for property
use, however, an extraordinary assumption must be made as to the accuracy of the estimate in the absence
of study data.
If necessary studies are completed which reveal that the appraiser's estimate is incorrect, the appraiser
reserves the right to amend his findings and conclusions accordingly.
UNAVAILABILITY OF INFORMATION `
All pertinent information available at the time that this report was completed was considered in the
analysis. To the knowledge of this appraiser, no information that would have a material impact on the
value of the subject land was withheld.
SUMMARY OF VALUE CONCLUSIONS
Utilizing the conclusions produced by the analysis of market data, the following value estimates are
produced:
Valuation with Timber Included
62.38 Acres @ $ 10,000 per acre = $ 623,800
Rounded to $ 624,000
Valuation without Timber Value Included
62.38 Acres @ $ 7,500 per acres _ $ 467,850
Rounded to $ 468,000
Add timber value from Forestech Cruise $ 72,500 (r)
Total Value Including Timber $ 540,500
The estimated value of the subject property, including the value of existing timber, as of the effective date
of value, February 12, 2009, was:
$ 600,000
TABLE OF CONTENTS
Letter of Transmittal
1 -2
Summation of Salient Facts and Conclusions
3 -5
Table of Contents
6
DESCRIPTION OF SUBJECT PROPERTY AND APPRAISAL PROBLEM
41
PURPOSE AND FUNCTION OF THE APPRAISAL
8
DEFINITION OF TERMS
43 -62
SCOPE OF THE APPRAISAL
9.10
PROJECT VICINITY MAP
1I
LEGAL DESCRIPTION
12
SURVEYS
12
AREA DATA
12
SUBJECT PLOT MAP
13
TOPOGRAPHIC MAP
14
AERIAL VIEW OF SUBJECT
15
AERIAL VIEW WITH PHOTO LOCATION MARKERS
16
SUBJECT PHOTOGRAPHS
17 -33
DESCRIPTION OF SUBJECT PARCEL
34 -35
MAP SHOWING ARCHEOLOGICAL SITE LOCATION
36
DISCUSSION OF SUBJECT'S USEABLE AREA
37
HIGHEST AND BEST USE DISCUSSION
38
VALUATION
SITE VALUATION
METHODOLOGY
40.
DISCUSSION OF COMPARABLE ADJUSTMENT GRID
40
SUMMARY OF CONCLUSIONS
41
CONCLUSION OF VALUE
41
COMPARABLE SALES ADJUSTMENT GRID
42
COMPARABLE SALES PROFILES
43 -62
CERTIFICATE OF APPRAISAL
63
ASSUMPTIONS & LIMITING CONDITIONS
64 -65
ADDENDA
Full Legal Description
67
Adjacent Property Survey
68
Copy of Title Vesting Deed
69
Appraiser's offer of Accompaniment
70
Appraisal Contract for services
71
Forestiech LLC Timber Cruise
72 -75
Qualifications of appraiser
76 -78
DESCRIPTION OF SUBJECT AND APPRAISAL PROBLEM
PURPOSE AND FUNCTION OF APPRAISALIRIGHTS APPRAISED
The purpose of this appraisal is to estimate the Market Value of the fee simple interest of the Subject
Property, as defined below. The function of this appraisal is for use in land purchase negotiations.
DEFINITION OF TERMS
As -Is Value is the "value of specific ownership rights to an identified parcel of real estate as of the
Effective date of the appraisal; relates to what physically exists and is legally permissible and
excludes all assumptions concerning hypothetical market conditions or possible re- zoning."
Fee Simple Estate is "Absolute ownership unencumbered by any other interest or estate, subject only to
the limitations imposed by the governmental power of taxation, eminent domain, police power,
and escheat."
1) Market Value means "the most probable price which a property should bring in a competitive and
open market under all conditions requisite to a fair sale, the buyer and seller each acting prudently
and knowledgeably, and assuming the price is not affected by undue stimulus.
Implicit in this definition is the consummation of a sale as of a specified date and the passing of
title from seller to buyer under conditions whereby:
(1) buyer and seller are typically motivated;
(2) both parties are well informed or well advised, and both acting in what they consider their own best
interest;
(3) a reasonable time is allowed for exposure in the open market;
(4) payment is made in terms of cash in U.S. dollars or in terms of financial arrangement comparable
thereto;
(5) and the price represents a normal consideration for the property sold unaffected by special or
creative financing or sales concessions granted by anyone associated with the sale."
2) Market Value The Supreme Court has defined market value for Federal Condemnation cases as;
"the amount in cash, or other terms reasonably equivalent to cash, for which in all probability the
property would have sold on the effective date of the appraisal, after a reasonable exposure time on
the open competitive market, from a willing and reasonably knowledgeable seller to a willing and
reasonably knowledgeable buyer, with neither acting under any compulsion to buy or sell, giving
due consideration to all available economic uses of the property at the time of the appraisal."
United States v. Reynolds, 397. US. 14,16 (1970) _
Conclusion The Definition of Market Value applicable to this appraisal is felt to be Definition (1), as it
best applies to this transaction which is not a condemnation, but rather is an appraisal which is connected
to an anticipated offer to purchase a property which is currently for sale on the open market.
19
SCOPE OF THE APPRAISAL
The appraisal process applied involves the on -site inspection of the subject property; an analysis of the
pertinent factors regarding regional and local economic conditions; an analysis of pertinent data
concerning the property's utility and useable area, including an analysis and judgement as to the extent of
wetland areas, and an investigation and determination as to the likely affects of the presence of an
archeological and historically significant landmark on the property; an analysis of the Highest and Best
Use of the land; and a comparison of the property with similar properties in the area based on the
applicable units of comparison. The results of the analysis were then reconciled, and a final conclusion of
value was drawn.
Sources of Data Relating to the Subject Property
The on -site inspection of the subject property was conducted on February 12, 2009. The tour included
several portions of the site as required to get an understanding of the general topography and utility the
parcel. Additional details concerning the properties, including the wetlands, steep slopes and
archeological site, were obtained from the Jefferson County Assessor's Office and the Client's
representatives.
Typical Valuation Process
The valuation process typically employs three methods of analysis which include the Cost, Sale
Comparison, and income Approaches. The Cost Approach is the process of estimating the Reproduction
Cost New of the subject improvements, and deducting from the new cost the estimated total loss in value
from all causes to arrive at the depreciated value. The land value, as estimated from analysis of
comparable land sales, is added to the depreciated value of the improvements to indicate the value of the
whole property. The Sale Comparison Approach is the procedure in appraisal analysis which produces an
estimate of value for a property by comparing it with similar properties which have sold recently or are
currently offered for sale in the same or competing areas. The Income Approach is the appraisal
procedure of converting anticipated benefits, income or amenities, to be derived from the ownership of
property into a value estimate. The value indications estimated by the applicable approaches to value are
finally reconciled into a single indicated value buy weighing each approach based upon the amount, type
and quality of data that is available.
Valuation Process Utilized in the 'As Is "Value Estimate
The subject property was evaluated in its as is condition. The "as is" value, is the only value which is
being sought. The Sales Comparison Approach is the only method used.
M
Sources of Data Utilized for Comparison Purposes
In compiling data for the analysis, considerable research was conducted for comparable land and improved
sales data, and general market conditions as they relate to undeveloped areas of Jefferson and Mason
County. Sources of sales data included The Jefferson and Mason County Assessors Office; REALIST for
Jefferson and Mason County, a computer database which provides data on all properties located in
Jefferson and Mason County; and Computer Multiple Listing Service records for Jefferson and Mason
County; as well as in -house data and conversations with real estate agents and appraisers. The sales were
viewed and analyzed in comparison with the subject, and attempts were made to contact at least one of the
principals or professionals involved in the transaction.
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SUBJECT PROPERTY DATA
LEGAL DESCRIPTION
The subject property is located near the center of Section 10, Township 29 North, Range 1 West and takes
in portions of the SW1/4 of the NE 1/4, the SEI /4 of the NW114, the NWl /4 of the SE1 /4 and the NE 1/4
of the S W 1/4 of said Section. The full legal description can be found on Page 40 of the Appraisal
Addenda.
SURVEYS
A cursory search of the Jefferson County records produced one recorded boundary surveys for adjacent
property which shares the Easterly property boundary with the subject property. The survey is recorded
under Auditor File Number 375200. A copy of the survey can be found on Page 41 of the Appraisal
Addenda.
AREA DATA
The general market area is known as `Port Townsend" which includes areas of Jefferson County which
may or may not actually lie within the Port Townsend City Limits, including, Cape George, Chimicum
and Discovery Bay. All of these contain residential areas which feature large residential building sites,
some with marine and /or mountain view amenity. Only those located in Port Townsend have public
sewer. The Northwestern portions of the City of Port Townsend and the areas West of Port Hadlock and
Chimicum are slow to develop. The subject neighborhood is convenient to public services and emplyment
centers which are located in Port Townsend, Port Angeles and on the Kitsap Peninsula, all within 1 hour
commute time.
The subject site is located 3/4 mile West of Chimicum, a small unincorporated community located just
South of Port Townsend. The surrounding neighborhood is a mixture of residential consisting of several
price ranges and lot sizes. The parcel is less than ' /z mile East of the Anderson Lake State Park entrance.
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SUBJECT PROPERTY PLOT MAP
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TOPOGRAPHICAL MAP OF SUBJECT PROPERTY
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PHOTOGRAPHS OF SUBJECT PROPERTY
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3) Looking Slightly NE from Easement at Edge of Bank
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6) Typical view of Interior of Parcel Near Center
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9) View of Wetland Area Looking South from Easement Road
10) Looking NW at Rock From Easement Road Near Base of Trail
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13) Looking Along Base of Wall From Point West of Rock
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14) Looking SE at Face of Rock
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15) Looking South Along Easement Road Following Rock Face
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16) Looking North Along Rock Face Toward the Rock
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18) Looking SE Down -Slope From Easement Culvert in View
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19) Looking NW From Old Landing Near End of Easement Road (Tall Trees are Park Boundary)
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20) Looking NE From Landing at End of Ridge
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22) View Outlook From Same Point Looking SE at Cascades and Chimicum Valley
23) Looking South From Interior of Parcel at Approx. Center
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24) Looking East at Edge of Bank IN NE Corner of Parcel
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25) Looking North Along Easement Road Near Northerly Boundary
26) View of Small Pond in Wetland Area Near Northerly Boundary
27) Looking NE at Northerly Portion of Smaller Parcel From Old Road Bed
28) Looking Southeasterly Along Old Road Bed Toward Anderson Lake Road
29) Looking North From Anderson Lake Road at Gated Road into Small Parcel
30) Looking East at Wetlands From Easement Road on Smaller Parcel
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32) Looking Eastbound on Anderson Lake County Road
33) Looking Westbound on Anderson Lake County Road (For Sale Sign at Easement)
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34) Looking SE From Subject at Old Anderson Lake Road
DESCRIPTION OF SUBJECT PROPERTY
Total Parcel
The subject of this report is an acreage parcel which is a total of 62.38 acres in size, made up of two tax
parcels which are adjacent to each other. The acreage size is based upon the Jefferson County records, and
presumed to be correct. The majority of the site is contained within Tax Parcel 901102004, which is
approximately 59 acres in size. The balance of the parcel is contained within Tax Parcel 901102006. The
smaller parcel is part of a recorded Jefferson County short plat and is therefore, a legally segregated parcel
which could be marketed separate from the larger parcel. The property has a very diverse topography
which includes moderate slopes on the Easterly portion, Southerly Portion and Westerly Portion, with a
significant level area near the center of the property and very steep rocky cliffs in the Northwesterly
portion. Within this area of rock faces and peaks is a site of archeological and historical significance to
the local Indian Tribe. It is known as "Tamanous Rock ". There are territorial views available from many
areas of the property, with the most dramatic views available from the Easterly and Southeasterly portions
of the site at the top of the slopes. There are several available building sites available within the
boundaries of the property, primarily on the West side of the easement road at the Southerly end of the
parcel. The primary building site area is located on the East side of the easement road beginning
approximately 1/z into the parcel and continuing to the Northerly boundary . There are some very nice site
areas in the Southwesterly portion of the parcel off of the end of the easement road, one being on the
Westerly side of the rocky ridge and the other being just Southeast of the end of the easement road near
the old log landing. There are some environmentally sensitive areas which are located just West of the
center of the parcel, consisting of some small ponds and a seasonal stream. The parcel is accessed by a
private gravel easement road which feeds off of Anderson Lake Road. This private easement road was
presumably constructed at the time of initial logging of the parcel. The roadway is well constructed and
also includes storm drainage consisting of catch basins, culverts and ditches with velocity control
measures in place to control erosion. A portion of the roadbed in the vicinity of the rock faced ridge, was
blasted out of the hillside and is on solid rock. It does not appear that utilities have been installed to the .
property. The parcel is mostly cleared but has areas of fairly heavy tree cover in the vicinity of steep areas
and wetlands. The heaviest tree cover with the most mature trees, is along the Westerly side of the parcel
in the vicinity of the rocky cliff areas and Historic Site. The balance of tree cover is small 10 -15 year old
trees scattered throughout the parcel. Some larger deciduous varieties are present and they too are
scattered throughout the parcel, primarily at the fringes and on the steep slopes. Some replanting has been
done, however most tree growth since the parcel was logged, has been naturally occurring. The smaller
parcel which adjoins the larger parcel on the East at Anderson Lake Road, is made up primarily of
wetlands consisting of a large boggy area which runs along Anderson lake Road. It appears that all
drainage from Anderson Lake Road and from the subject's larger parcel, is channeled into this wetland.
There are fringe areas of this parcel which are not part of the wetland, however, no building site area could
be identified. The parcel is served by it's own gravel easement road which runs along the ridge above the
wetland and is gated at Anderson Lake Road. There is minimal tree growth on this parcel wi the exception
of fringe areas.
MAP SHOWING STATE LISTED ARCHAEOLOGICALMISTORICAL SITE
Anderson Lake State Park
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Figure t. Anderson lake State Park Prgwrty Acquisition.
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DISCUSSION OF SUBJECT'S USEABLE AREA
As previously discussed, the subject property has a very diverse topography featuring a wide range of
characteristics, including, steep slopes, rocky ridges and wetland areas. Scattered between these unique
features, is a significant amount of level to gently sloping terrain, some of which features a very desirable
territorial view outlook. Despite the site characteristics which hamper development, there is ample
useable area to provide multiple building sites within the boundaries of the property. Likely each of the
building site areas would include either a portion of the ecologically sensitive wetland areas, or a portion
of the steep slopes, rocky cliffs or archaeologically significant areas within its boundaries. It appears,
based upon the topographical map and aerial photographs, that the areas of lower utility make up
approximately 1/3 of the total parcel area. The roadway is well placed and gives access to most of the
useable area within the parcel
The Tamanous Rock protected archeological site is located in the NW comer of the subject property. The
site carries with it, buffer requirements for development. Even though logging of this area is allowed, it is
likely that it would delay permitting and would also likely result in injunctive measures being instituted by
the Jamestown- S'klallam Tribe. Development of this area is not required, as there are ample potential
building site areas located elsewhere on the property. It is for this reason that for the purposes of this
analysis, no additional adjustment is made due to the existence of this site.
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HIGHEST AND BEST USE
Definition:
As is the case in prudent appraisal practice, the concept of highest and best use is the premise upon which
value is based. In the context of fair market value, highest and best use is defined as "the reasonable and
probable use which will support the highest present value, as defined, as of the effective date of the
appraisal. Alternatively, it is that use from among the reasonable, probable and legal alternative uses found
to be physically feasible and which results in the highest land value. In the case of an improved property,
it is that use which after meeting certain tests, i.e. Physical use, Legal Use, Feasible Use, Most Probable
Use and Highest and Best Use which may be any of the atformentioned uses but it is that use which will
result in the highest net return to the land over the longest period of time.
Analysis:
As Residential
The subject site is zoned for residential use, but has never been developed or utilized for that purpose.
There is sufficient demand for large residential building sites between 20 acres and 40 acres in size. There
are several areas on the subject property which may be potential building sites. The balance of the property
functions as contributing property and provides privacy or recreation. The subject is not developed and
has no infrastructure in place, except for the existing access easement and associated storm water control
measures. The cost of providing power and water to the subject property, to serve so few sites, would not
expensive, but would seem to be financially feasible based upon the number of large acreage site based
upon the number which have been created and marketed within the past five years in this market area.
Residential use is physically possible and appears financially feasible as there is a market for large acreage
parcels.
As Timberland
The subject is bounded on the West by State Park Land which is heavily forested. The tribal lands to the
North are similar to the subject property in tree cover. Most properties to the East and South are smaller
parcels, many of which are developed with a single family residences. The subject property does not have
a heavy tree cover, as it was logged 10 -15 years ago based upon regenerated trees on site. If properly
reforested, the land could support a significant timber crop.
Conclusion
The highest and best use of the subject property is considered to be as large residential building sites
because of the development patterns of the market area and value as residential vs partially reforested
timberland. The small parcel is mostly wetlands. It's value as a residential building site is speculative. It's
highest and best use is felt to be plottage, contributing to develop - ability of the larger parcel.
Fll-'-)
SALES COMPARISON APPROACH
METHODOLOGY
The method employed to determine the value of the subject parcels is the Sales Comparison Approach.
In this method, a thorough search is made to locate sales of properties which are as characteristically
similar to the subject as possible. These sales are then compared to the subject and adjustments are made
to the sale for any characteristic, i.e, topography, size, location, available utilities, access, etc. To support
the timber value, the analysis includes both comparables with timber value and those without. Additional
support for the timber value is provided by the timber cruise conducted by Forestech, LLC.
DISCUSSION OF COMPARABLE ADJUSTMENT GRID (Following Page)
The adjustment grid on the following page, summarizes the necessary adjustments made to the
comparables for the perceived characteristic differences between the properties and the subject. The grid
contains comparable sales/listings of properties with approximately the same amount of timber value as
well as comparable properties with little or no timber value. Only Comparable No. 2 required no
adjustments. The balance of the comparables used in the analysis, required from 10% to 45% Net
adjustment. The most significant of the required adjustments was for differences in zoning and for
differences in view amenity. The sales generally showed similarity in location, topography, access and
available utilities. The comparables were all examined using the value per acre unit of comparison. The
range of value per acre for the comparables which included timber value, indicates from $ 9,400 per acre
to $ 10,700 per acre. The indicated range of value for the comparables which included little or no timber
value, is from $ 7,000 per acre to $ 7,600 per acre. As added support, The timber value of Comparable No.
8 was confirmed by a timber cruise which was completed prior to sale. This appraiser was a review
appraiser on the transaction and received a copy of the timber cruse which indicated that there was
$ 140,000 in timber or approximately $ 1,900 per acre. If the timber value is removed from the sale which
indicated $ 10,000 per acre after adjustments, the land value without timber is $ 8,100 per acre. One other
comparable with no timber value was included in the report, however this sale also included a significant
view amenity because of the lack of timber. Even after adjustment, this sale falls well outside of the
range.
The majority of comparable sales including timber value, tended to indicate a per acre value of
approximately $ 10,000 per acre, which is felt to be well supported in the analysis. The comparable sales
which included a minimal timber value or had no timber value, appear to support a value per acre of
approximately $ 7,500 per acre.
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SUMMARY
Utilizing the conclusions produced by the analysis of market data, the following value estimates are
produced:
Valuation with Timber Included
62.38 Acres @ $ 10,000 per acre = $ 623,800
Rounded to $ 624,000
Valuation without Timber Value Included
62.38 Acres @ $ 7,500 per acres = $ 467,850
Rounded to $ 468,000
Add timber value from Forestech Cruise $ 72,500 (r)
Total Value Including Timber $ 540,500
CONCLUSION
There was three times as much market data for the large acreage parcels which included timber in the sale
as for the ones which did not. That being the case, the value derived from these sales tends to be more
reliable that the base rate per acre for acreage parcels with no timber value. That being said, the appraiser
has chosen a reconciled value from the upper end of the overall range produced from each method. A
value of $ 600,000, including timber value is felt to be supported.
The estimated value of the subject property, including the value of existing timber, as of the effective date
of value, February 12, 2009, was:
$ 600,000
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COMPARABLE NO. i
Parcel Number: 801104008
Description: Lot C Larson Lake Rd, Chimacum
Legal Dese (abbrev): Tax 26- Parcel C- Survey V19/P79-80 (full legal in appraiser's workfile)
Proximity: Located approx 10 miles S of subject
Size: 30.08 Acres
Zoning: Commercial Forest (1:80)
List Date: 12/6/2008
List Price: $225,000
Instrument Type/AFN #: n/a
Grantor /Grantee: n/a
Confirmation: Jeff Clancy, Keller Williams, 4/9/2009
Comments: Mostly rectangular with paved road frontage across entire west boundary. Tree cover is
medium to heavy and topography is level to rolling. Power available on Larson Lake Rd.
Analysis: $225,000 / 30.08 ac = $ 7,500 per acre (r)
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COMPARABLE NO.2 MAPIPHOTO
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COMPARABLE NO.2
Parcel Number: 901193001
Location: xxx Hwy 20, Chimacum
Legal Desc (abbrev): LT 5 (S Hwy 9) Subj /Brdy Line Adj (Full legal in appraiser's workfile)
Proximity: Located approx 5 miles SW of subject
Size: 24.3 Acres
Zoning: Rural Residential -20 (1:20)
Sale Date: 5/15/2008
Sale Price: $250,000
Instrument Type /AFN #: WD 4534009
Grantor /Grantee: Pope Resources /Lucille M Brown Trust
Confirmation: Brandon Bird, OPG/Pope Resources, 4/16/2009
Comments: Rectangular- shaped site with paved road frontage across entire north boundary. Tree cover
is light to medium, mostly young re- generation growth and topography is sloped up from north to south
with some gullies. Views of Discovery Bay to the north appear likely from the upper elevations near the
south boundary line. Gated gravel driveway near SE corner off Hwy 20. Power available on Hwy 20.
Analysis: $250,000 124.3 ac = $ 10,300 per acre (r)
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COMPARABLE NO.3 MAP/PHOTO
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COMPARABLE NO.3
Parcel Number: 901193002
Lot 2 Eaglemount Rd, Port Townsend
Legal Desc (abbrev): S 19 T29 Rlw Gov Lot 6, Records of Jefferson County
Located approx 5 miles SW of subject
Size: 40.85 Acres
Zoning: Commercial Forest (1:80)
Sale Date: 11/2/2007
Sale Price: $365,000
Instrument Type /AFN #: WD 9528947
Grantor /Grantee: Lucille M Brown Trust/Pelletier (via Lspi Exchange Corp)
Confirmation: Bill Perka, John L Scott, 4/14/2009
Comments: Rectangular site with developed gravel access off of Eaglemount Rd, a public paved road.
Site is mostly cleared with light tree cover comprised mostly of young alder trees. Topography is mixed
and rolling. Well -built road system throughout property connecting several possible building sites. Good
views of Discovery Bay to the north from majority of site. Site needs a well and power is available on
Eaglemount Rd, approx 1300' feet east.
Analysis: $365,000 / 40.85 ac = $ 9,000 per acre (r)
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COMPARABLE NO.4
Parcel Number: 902232002
xxx Casselary Rd, Port Townsend
Legal Desc (abbrev): S23 T29 R2w WI/2 Nw Nw Sw (less Se 7a sq.) (full legal in appraiser's
workfile)
Located approx 6 miles SW of subject
Size: 120.4 Acres
Zoning: Commercial Forest (1:80)
Sale Date: 1/15/2008
Sale Price: $650,000
Instrument Type/AFN #: WD #530635
Grantor /Grantee: Green Crow Corp /Hassell (via Lspi Exchange Corp)
Confirmation: Unlisted sale and unable to reach seller or out -of -state buyer. All sale and site
information comes from Jefferson County records and appraiser's site visit on March 18, 2009.
Comments: Rectangular site crossed by county and private roads that serve other neighboring
properties. Tree cover is mixed. Over the south 25 %, mostly cleared with light tree cover. The
remaining 75% has medium tree cover. The majority of the property is gently sloped up from south to
north. Casserlary Road is paved and changes to gravel near the south boundary of the site. Power is
available at Casserlary Rd.
Analysis: $650,000 /120.4 ac = $ 5,400 per acre
COMPARABLE NO.5 MAP/PHOTO
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COMPARABLE NO.5
Parcel Number: 7020222001
3 Lords Lake Loop Rd, Quilcene
Legal Desc (abbrev): Gov Lt 3 & 4 (Ly SW of Lords Lk Lp Rd) with ease to Gov Lt 3, Records of
Jefferson County (full legal in appraiser's workfile)
Located approx 15 miles S of subject
Size: 41.12 Acres
Zoning: Rural Forest (1:40)
Sale Date: 3/17/2008
Sale Price: $370,000
Instrument Type/AFN #: WD #532165
Grantor /Grantee: Barber Family Assoc/Miller
Confirmation: Terence McHugh, John L Scott, 4/1/2009
Comments: Site is irregularly shaped with land on both sides of the Little Quilcene River. The bulk of
the property is on the west side of the river with approx 2000'of frontage on each side. Access to the
east side of the property is via Lords Lake Loop Rd, a paved public road. Power is available on this
road. This area of the property includes a gated and cleared building site at the property's SE corner.
Access to the river from this building site is via a steep wooded ravine. Access to the west side of the
property and the other side of the river is via a privately maintained gated gravel road. This side of the
property offers more privacy but is less convenient to services. Tree cover is light to medium with the
heaviest tree density surrounding the river.
Analysis: $370,000 / 41.12 ac = $ 9,000 per acre
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COMPARABLE NO.6
Parcel Number: 70213303
xxx W Columbia St, Quilcene
Legal Desc (abbrev): SW SW (Ls Tax 6,61,71, Ptn Tx 66) Ls Co Rd R/W, Records of Jefferson
County (full legal in appraiser's workfile)
Located approx 15 miles S of subject
Size: 26.97 Acres
Zoning: R5 (1:5)
Sale Date: 3/25/2008
Sale Price: $237,000
Instrument Type /AFN #: WD #532446
Grantor /Grantee: Opg Properties Llc /Siemion
Confirmation: Brandon Bird- OPG /Pope Resources, 411612009
Comments: Level with medium to heavy tree cover. From aerial photos, there appears to be a small to
medium sized pond along the west property line. This mostly rectangular site is near the downtown
core of Quilcene, a small town outside of the Olympic National Forest. Access to the site is via a short
gravel road of Columbia St, a paved public road. Power is available on Columbia Street.
Analysis. $237,000 / 26.97 ac = $ 8,800 per acre (r)
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COMPARABLE NO, 7 MAP/PHOTO
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COMPARABLE NO. 7
Parcel Number: 801204006
9 -xxx Center Rd, Chimacum
Legal Desc (abbrev): S20 T28 RI W, SW SE. Records of Jefferson County (full legal in appraiser's
work file)
Located approx 12 miles S of subject
Size: 39.00 Acres
Zoning: Rural Forest (1:40)
List Date: 4/9/2008
List Price: $225,000
Instrument Type /AFN #: n/a
Grantor /Grantee: n/a
Confirmation: Tanya Royer, Listing Agent, 3/30/2009
Comments: Moderately sloped rectangular lot with light tree cover and extensive gravel/grass road
system. Territorial /valley views to the east. NW comer fronts on Center Rd, a paved public road.
Power is available on Center Road. Private well on site. Small area at NW comer of property is
crossed by Center Road right -of -way. Purchased by previous owner (seller) on 7/15/2005 for $160,000
($4,102/ac).
Analysis: $225,000 / 39.0 ac = $ 5,800 per acre (r)
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COMPARABLE NO.8 MAP/PHOTO
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COMPARABLE NO.8
Parcel Number: 801332004
3280 Dabob Rd, Quilcene
Legal Desc (abbrev): S33 T28 RI w Nw (lying Ely of Dabob Rd) less Tax 16 & 17 Bnd Tgth Thru
Bla #110992, Records of Jefferson County. (MI legal in appraiser's work file)
Located approx 12 miles S of subject
Size: 72.6 Acres
Zoning: Commercial Forest (1:80)
Sale Date: 3/20/2008
Sale Price: $500,000
Instrument Type /AFN #: WD #532316
Grantor /Grantee: McDonald/NW Watershed Institute
Confirmation: Peter Bahls, NW Watershed Inst, Purchaser, and Rick Wells, Review App. 4/16/2009
Comments: Rectangular site with Dabob Rd, a paved public road, running along entire west boundary.
The west' /2 of the property is low, level and cleared and shows as pasture. This area of the site has
been recently replanted with small evergreen trees as part of a habitat reclamation project. The site
then rises up with a moderate slope at its east ' /z . This part of the property is medium to heavily
wooded and offers territorial /valley views looking west. Power is available on Dabob Rd. Timber
valued by cruise prior to sale @ $140,000.
Analysis: $370,000 / 72.6 ac = $ 6,900 per acre (r)
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COMPARABLE NO.9 MAP/PHOTO
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COMPARABLE NO.9
Parcel Number: 801174002
xxx Dabob and Center Rd, Quilcene
Legal Desc (abbrev): S 17 T28 Rlw El /2 Se (E of Co rd)(less Tax 7) Less R/W Bud tgth Thru
Bla #106173 (full legal in appraiser's workfile)
Located approx 10 miles S of subject
Size: 50.46 Acres
Zoning: Rural Residential -20 (1:20)
Sale Date: 4/2/2008
Sale Price: $309,000
Instrument Type /AFN #: WD #532684
Grantor /Grantee: Pope Resources/Northwest Watershed Institute
Confirmation: Sue Skylar, Pope Resources, 4/14/2009
Comments: Sloped and cleared site bisected by Dabob Rd. The west boundary is Center Rd. The site
is criss- crossed by gravel logging roads. The west boundary is low, appears wet and is possibly being
used to divert water runoff from Center Rd.
Analysis: $309,000 / 50.46 ac = $ 6,100 per acre (r)
COMPARABLE NO. 10 MAP/PHOTO
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COMPARABLE NO. 10
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Parcel Number: 821332001
Lot 3 Teal Lake Rd, Port Ludlow
Legal Desc (abbrev): S33 T28n Rle N1 /2 S1/2 Nw Bnd Tgth Thru Bla#107927, Records of Jefferson
County (full legal in appraiser's workfile)
Located approx 7 miles SE of subject
Size: 39.53 Acres
Zoning: Commercial Forest (1:80)
Sale Date: 8/10/2007
List Price: $350,000
Instrument Type/AFN #: WD 4526257
Grantor /Grantee: OPG Llc/Goffman Trust
Confirmation: Michael Holland, Olympic Hood Canal Real Estate, 4/14/2009
Comments: Top of ridge rectangular site with medium tree cover. Site is accessed via private gated
easement road off of Teal Lake Rd, a public paved road. Power is at east boundary line. Good
Olympic Mountain view and some Hood Canal view to the south and west. Topopraphy is mostly
sloped with some leveling near top of ridge.
Analysis: $350,000 / 39.53 ac = $ 8,900 per acre (r)
SM.
CERTIFICATE OF APPRAISAL
I certify that, to the best of my knowledge and belief
the statements of fact contained in this report are true and correct;
the reported analyses, opinions and conclusions are limited only by the reported
assumptions and limiting conditions and are my personal, unbiased professional
analyses, opinions and conclusions;
I have no present or prospective interest in the real estate which I have appraised and I
have no personal interest or bias with respect to the parties involved or the subject
matter of this report;
My compensation is not contingent upon any action or event resulting from the use of
my appraisal report;
My analyses, opinions and conclusions were developed and this report has been
prepared in conformance with the requirements of the Code of Professional Ethics and
Standards of Professional Practice of the National Association of Independent Fee
Appraisers, and the use of this report is subject to the requirements of the Institute
relating to review by its duly authorized representatives;
I am currently certified under the voluntary continuing education program of the National
Association of Independent Fee Appraisers;
My contractual arrangement with my client does not authorize the out -of- context quoting from
or partial reprinting of this appraisal report, nor does it permit all or any part of this appraisal
report to be disseminated to the general public by the use of media for public communication
without my written consent;
I have made a personal inspection of the appraised property; and
no one provided significant professional appraisal assistance to the appraiser signing this
report.
Rick D. Wells
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ASSUMPTIONS & LIMITING CONDITIONS
This appraisal has been made after a personal inspection of the property identified in this report. The
conclusions contained herein have been arrived at and are predicated upon the following conditions.
No responsibility is assumed for matters which are legal in nature nor is any opinion rendered
on title of land appraised.
2. Unless otherwise noted, the property has been appraised as though free and clear of all
encumbrances.
3. Where the value of the land and improvements is shown separately, the value of each is
segregated only as an aid to better estimate the value which it lends to the whole parcel rather
than the value of that particular item if it were by itself.
4. All maps, areas and other data furnished your appraiser have been assumed to be correct. If
any errors or omissions are found to exist, the appraiser reserves the right to modify the
conclusions.
5. No interest, present or contemplated, in subject property or parties involved.
6. Neither the employment to make the appraisal nor the compensation is contingent upon the
amount of the valuation reported.
To the best of the appraiser's knowledge and belief, all statements and information in this
report are true and correct, and no important facts have been withheld.
8. Possession of this report, a copy, or any part thereof does not carry with it the right of
publication, nor shall the report or any part thereof be conveyed to the public through
advertising, public relations, news, sales or other media without written consent of the author,
including but not limited to the valuation conclusions, identity of the appraiser or firm and any
Q---]
reference made to the American Institute or Society of Real Estate Appraisers, National
Association of Independent Fee Appraisers or any professional designation.
9. There shall be no obligation required to give testimony or attendance in court by reason of this
appraisal, with reference to the property in question, unless satisfactory arrangements are made
in advance.
10. This appraisal has been made in accordance with rules of professional ethics of the National
Association of Independent Fee Appraisers.
11. No one other than the appraiser prepared the analysis, conclusions, and opinions concerning
real estate that are set forth in this appraisal report.
12. This was a request for an Appraisal of the property, completed in Summary format. This being
the case, many supportive documents, maps, exhibits, etc., which would normally be included
in the body of the appraisal are retained in the appraisers file.
LEGAL DESCRIPTION (From Title Report)
Attachment 1
Legal Description
Parcel A
The South '/2 of the Southeast %. of the Northwest'' /, and the Northeast'' /. of the
Southwest' /. of Section 10, Township 29 North, Range I West, W.M.,
EXCEPTING therefrom that portion lying Southeasterly of the right -of -way for
Anderson Lake County Road, by deed recorded February 17, 1960, under Auditor's File
No. 164311;
TOGETHER WITH easements for ingress, egress, and utilities, over, under and across
portions of the North % of the Northwest %, of said Section 10 and Nicholson's Irondale
Reservoir Addition, as per plat recorded in volume 2 of Plats, page 133, as delineated in
Deeds recorded November 11, 1997, under Auditor's File Nos. 405622 and 405623,
records of Jefferson County, Washington.
Parcel B:
Lot 1, Puget Southern Properties Short Plat, as per plat recorded in Volume 2 of Short
Plats, page 89, records of Jefferson County, Washington.
TOGETHER WITH an easement for ingress, egress, and utilities, over, under and across
the North 60 feet of the South 660 feet of the West 660 feet of the East 990 feet of the
Southwest'' /. of the Northeast'' /, in Section 10, Township 29 North, Range 1 West, W.M.,
in Jefferson County, Washington;
ALSO TOGETHER WITH an easement for ingress, egress, and utilities, over, under and
across the West 60 feet of the East 690 feet of the South 660 feet of the Southwest' /. of
the Northeast' /. of Section 10, Township 29 North, Range 1 West, W.M., in Jefferson
County, Washington;
ALSO TOGETHER WITH an easement for ingress, egress, and utilities, over, under and
across that portion of the West 60 feet of the East 690 feet of the Northwest '/. of the
Southeast' /. lying Northerly of Anderson Lake County Road in Section 10, Township 29
North, Range l West, W.M., in Jefferson County, Washington.
All situate in the County of Jefferson, State of Washington
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APPRAISER'S OFFER OF ACCOMPANIMENT
�A•CaE PS,Inc.
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Appraisal Consulting Environmental Sereeaing
OFFER OF ACCO"ARLSEIPy
Date: 212/09
Name of Owner. Georgo Heidgerkea
Appraiser: RICK D. WELLS, WAS
Project Sponsor: Washington State Parks and Recreation Commission
Dear. Mr. Heidgerken:
Karen Waltenburg at Washington State Parka and Recreation Commission. has requested that I appraise the
following properties:
Jefferson County Tax Parcel Numbers 901 102004 & 901102006, in the vicinity of Anderson Lake.
According to the records at the Jefferson County Announces Office, you are the owner of the above -
mentioned property. In compliance with the Seats and /or Federal regulations, 1 am required to give you an
opportunity to accompany me when I do my field inspection of the property.
I plan to view the property on 2112/2009, and this letter is an invitation for you to go with me when I
appraise the property. Please indicate below whether or not you wish to an ompany me and return the letter
to me as soon as possible. If you do wish to be present, but cannot make the net date and time, please call me
immediately at: 3660,-692 -5081, to set en alternate date.
Sh.,,vly YOl9P:� �f
- ISek D. WeW,, IFAS.
Reply by the eeriner
I have read the above letter and I )(do, i I do east wish to accompany the appraiser to inspect the property
Rehm m: A,C.E- PS, INC. P.O. 13O %3241, SILVERDALE, WA 98383
P.O. Barn 1. slwer4atr, Wreelre[on sumo IW)ot -M1 vs. p4q M"', rmril anmin[®phaasom
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At7'tl FIELD ORDER
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0311 IY2009 $465125
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Washingwn State
Washington Stale
PARKS & RECREATION COMMISSION
PARKS & RECREATION COMMISSION
I I I1 ISRAEL ROAD SW
PDSC -LANDS PROGRAM -ATTN: KAREN IVALTENDURG
TOMW.A'1" 1".R WA 98504-2650
IIU ISRAELROAD SW
OLYMPIA WA 98504
TO
MAII4 INVOICES TO
2 9650 124 1 3630 '
A.C.13, PS, INC.
'WASHINGTON STA'CE
3 40 NW LOWELL STREET
PARKS &RECREATION COMMISSION
SILVERDALE WA 98383
PO BOX 42650 -
PAX #(360) 692 -5126
OLYMPIA WA 98504-2651)
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DcIi ver the articles ordered below in accordance with the terms and conditions at litto' / /www ae wa uov /pca /cps.hgn
instructions to vendor: show audunization no. & field order no. on all invoices, packages & shipping documents,
Washington State sales tax applies to this order.
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ACCL7 TANCE OP YO1ih QUTO$c NICK WELLS
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SLL'A YTACNF,D UOTL FOR SPECS SCOPE'
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TIMBER CRUISE BY FORESTECH, LLC
260 Old Fort Townsend Road Port Towosead. WA 98368 (360) 2714779 www.littletotest.org
TIMBER CRUISE AND APPRAISAL
March 21, 2009
Rick D. Wells. WAS
Consulting Appraiser
A.C.E PS, INC
PO Box 3241
Silverdale, WA 98383
Re: Timber Appraisal for Jefferson county Parcels # 901102004 & 901102006
Dear Mr. Wells:
Following is the limber cruise and appraisal for the above - mentioned parcels.
Net value of the mature timber — $51,053.95
Net value of regeneration age trees— $21,438.00
Total Value— $72,491.95
The field evaluations and sampling were conducted during March 2009. Because of the diversity
in species, age and quality of the timber, all the mature trees were evaluated. Trees over 30 years
of age were measured and evaluated by volume and trees under 30 years of age were appraised
as reproduction by compounding typical reforestation cost of $1.00 per tree to their present age.
20 acres were appraised as mature timber and 36 acres were appraised as reproduction.
Wetlands, roads and non - stocked areas accounts for the other acreage.
Field measurements were taken as follows:
For the mature stand:
1. Trees with diameters greater than six inches at four feet from the ground were sampled.
2. Diameters were measured at four feet from the ground to the nearest one -inch.
3. Heights were measured to the nearest two feet.
4. Form factor (taper) was calculated individually for each measured tree.
5. Log grades and sorts were assigned based on the best raw log product that could be
manufactured and marketed.
For the regeneration trees, sampling was accomplished by measuring ten 1 /20s' acre plots
randomly selected over the applicable 36 acres.
tIM
The appraisal was compiled using the tolinwing criteria:
I. Volumes were computed using the Scribner Log Rules.
?. Ihow togs normally sold by weight Here converted w tons Hum board feet.
3. Long and associated c sfv arc based on even -aged harvest (clear-cut),
4. Current log prices for the .I acoma, Shelton. and Pon Angeles markets were csed m
compiic the gross values.
i. No threatened or etdzngered species were identified or accounted for.
6. No wsts let mad construction or a esemoms acquisition were compiled.
7 There are no restrictions on timber harvest ecwnbrig to the Forest Practices Act, except
for stream protection.
Please tee[ free to contact me For any clarifications or questions.
Sincerely
r�
Enr] Kong
Forester
Lax-
Page 2— Appraisal.
PMJeet 0901102004 and 901102006 Jefferson
MBF Tons
Total Volumes and Gross Revenue 155 208 S $1,775.00
Lass Expanses:
Logging Casts
MBF $ 90.00 $ 13,950.00
Ton $ 14.00 $ 2,91200
"out COM
MBF 5 60.00 $ 9,300.00
Tan $ 9.00 $ 1,872.00
Admtnlanadon, Pamela
Subtotal Expense $ 28,034.00
Stumpage $ 53.741.00
State Timber tax $ 2,687.05
Na Stumpage veto* M*Wm frims $ S1A63.95
Calculations for NgenarWon
14 acres slacks! w4h 28 year old uses. 240 tremnl (average).
3,380 trees Q $ 11.92 each = $40,05120
22 acres stocked with 10 yea okt Veen, 60 treesmens ( average).
1,320 trem G $ 2.14 each = 112,824.8
Total 9M9 value reWarason trap $42,876.00
Lees operating cost (50 %) $21,435.00
Net stumpage "too rsgineratlon trees S 21,438.00
Total value far net stumpage $ 72,491.56
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QUALIFICATIONS OF APPRAISER
RICK D. WELLS, IFAS
WA ST CERT GENERAL APPRAISER N 1100344
P.O. Box 3241
Silverdale, Wa. 98383
(360) 692 -5081 Fax (360) 692 -5126 Email acepsinc @yahoo.com
CREDENTIALS
My credentials include the following memberships, designations and affiliations:
1983, Organized and was elected Pres.of the Western Wash Chapter of the Intml Association of Assessing Officers (IAAO).
Member in Good Standing of NAIFA (NATIONAL ASSOCIATION OF INDEPENDENT FEE APPRAISERS).
Received General Real Estate Appraiser Certification from the State of Washington on 7/30/91.
Completed requirements and Received "IFAS" Designation from NAIFA on September 29, 1994.
EDUCATION
1974 -75, Tacoma Community College - Courses of study including real estate principles, law, finance and appraisal
Since 1976, 1 have completed the following classes and/or seminars as related to the appraisal field:
October, 1976, Residential appraisal principles, sponsored by the Washington State Dept. of Revenue, Ellensburg, WA.
October of 1977, Commercial property appraisal course sponsored by the St. Dept of Revenue, Ellensburg, WA.
October of 1979, Course I pertaining to residential appraisal techniques, IAAO , Ellensburg, WA.
[n 1981, Course II, Fundamentals of Commercial Appraisal, 1AAO. Ellensburg, WA.
February, 1991, Income Property Appraisal II, sponsored by the NAIFA, Highline Community College.
June, 1991, Commercial Narrative Report Writing, NAIFA, Highline Community College
February, 1992, NAIFA Appraisal Instructor Conference in St. Louis, Mo.
January, 1993, NAIFA Appraisal Instructor Conference in St. Louis, Mo,
January, 1994, NAIFA Appraisal Instructor Conference in St. Louis, Mo.
January, 1995, NAIFA Appraisal Instructor Conference in Belleville, ILL.
October 1995, Condemnation Appraisal Course, NAIFA, Portland, Oregon
January, 1997, NAIFA Appraisal Instructor Conference in Belleville, ILL.
November 1998, Capitalization Techniques, McKissok Data Systems, Spokane, WA
March, 1999, NAIFA Appraisal Instructor Conference in Belleville, ILL.
December 1999, Govemnent Takings/Condemnation Conference, Seattle, WA
October 200 1, Condemnation Case Studies, WSBA, Seattle, WA
February 2002, Expert Testimony, Case Preparation, McKissock Data Systems, Columbus, OH
April 2003, USPAP 15 hr Update, Allied Business Schools, Laguna Hills, CA
February 2004, 8 hr USPAP Update, NAIFA, Silverdale, WA
January 2007, 7 hr USPAP Update, Adriadic Inc., Silverdale, WA
February 2007, Yield Capitalization, Mykut Real Estate School, Lynnwood, WA
November 2007, Advanced Forensic Appraisal Review Techniques, NAIFA, Poulsbo, WA
PROFESSIONAL CONTRIBUTIONS /AWARDS/TEACHING EXPERIENCE/ETC.
Organizer of first Western Washington Chapter of the International Association of Assessing Officers (IAAO) in 1983 representing all
Counties in Western Washington. Elected President of Chapter in 1984.
Co- Instructor, Principles of Real Estate Course, Olympic College, 8/85, 10/86.
Co- Instructor, Basic Real Estate Appraisal, Highline Community College, 4/87.
Instructor, Appraisal Principles, Olympic College extension, 10/87, 10/88.
Certified National. Instructor for NAIFA, January 1995 -1999. Instructor for NAIFA of numerous appraisal courses throughout the
Western US.
Placed on WA. ST. Dept. of Transportation's Right of Way Appraiser List, January 2000
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WORK EXPERIENCE
April 1976 - Feb. 1984 Commercial/Residential Appraiser with Kitsap County Assessor's Office.
Feb. 1984 -Present Commercial/Residential Chief Appraiser /Pres. A.C.E. PS, Inc. Consulting Appraisal Firm
COURTROOM EXPERIENCE
Have been qualified as expert witness in:
Jefferson County Superior Court
Kitsap County District and Superior Courts.
Kitsap County Board of Equalization
Pierce County Board of Equalization
Washington State Board of Tax Appeals
US District Court
APPRAISAL CLIENTS HAVE INCLUDED:
American Marine Bank
Bank of America
Banner Bank
Beneficial Mtg.
Bremerton School District
Central Kitsap Schools
Chase Manhattan Bank
Chemical Bank
City of Shelton
City of Bremerton
City of Port Orchard
City of Shelton
Continental Mtg.
Countrywide Home Loans
CRISTA Ministries
Farmers Insurance Co.
First American Title Insurance Co.
Frontier Bank
Harrison Memorial Hospital
Heritage Federal Savings
Internal Revenue Service
Keybank of Wa.
Kitsap County Consolidated Housing Authority
Kitsap Credit Union
Kitsap County Bank
Mason County Public Works
Mellon Bank
Nations Bank
Navy Federal Credit Union
AREAS OF EXPERTISE
Olympic College
Port Angeles School Dist.
Port of Brownsville
Port of Bremerton
Port of Illahee
Port of Silverdale
Puget Sound Energy Services
Qwest
Safeco Insurance Co.
Shelton School District
Skokomish Indian Tribe
Standard Oil of California
The Salvation Army (Seattle Region)
United Methodist Church International
University Savings Bank
US Bureau of Indian Affairs
US Marshal's Service
US Bank
US Dept. of Agriculture
WA ST DSHS
WA ST Dept. of Fish & Wildlife
WA. ST. Dept. of Transportation
Washington Mutual Bank
Washington State Dept. of Corrections
Washington Federal Savings
West One Bank
Westsound Bank
William H. Gates III
Various Legal Firms and Private Parties
Appraisal Services include but are not limited to: Appraisal for specified value type, i.e. Fair Market Value, Value in Use,
Leasehold, etc. Market rent surveys, Highest and Best Use analysis, Cost surveys, right of way.
Consulting Services include but are not limited to: Appraisal Review, Land use study, Feasibility Studies, Environmental
Screening (Phase 1), Case preparation relating to establishment of damage basis and examination of Real Estate related evidence.
Real Estate Tax /Assessed Value appeals.
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STATE OF WASHINGTON
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Page 1 of 2
Tami Pokorny
From: Stacie Hoskins
Sent: Tuesday, June 01, 2010 4:23 PM
To: Tami Pokomy
Subject: 2010 Conservation Futures projects
Tami,
In response to your inquiry of May 5, 2010 regarding 2010 Conservation Futures projects, I have
the following comments:
I understand the proposed projects involve the purchase of the following parcels:
Salmon Creek Rioarian Acauisition
Parcel
number
Zoning
Approximate
acreage*
Potential # of
Developable parcels
902272000
Commercial Forest CF 1:80
r 160 acre
2
Tamanowas Rock and Nicholson Short Plat
901102004
Rural Residential RR 1:20
58.39
2 -3*
901102006
Rural Residential RR 1:20
4.71
1
975000001
Rural Residential RR 1:20
6.74
1
975000002
Rural Residential RR 1:20
10.44
1
975000003
Rural Residential RR 1:20
8.06
1
975000005
Rural Residential RR 1:20
1.62
1
975000006
Rural Residential RR 1:20
6.73
1
975000007
Rural Residential RR 1:20
10.29
1
975000008
Rural Residential RR 1:20
8.75
1
975000009
Rural Residential RR 1:20
8.56
1
975000010
Rural Residential RR 1:20
5.13
1
Total
129 acres
12 -13
*Acreage is based on mapping. Surveys may differ from these estimates.
* *A formal survey may identify the parcel as larger or smaller. As such the potential number of
developable parcels may be two or three.
"Tamanous Rock" is listed as State Historical Site #87H. Neither of these proposals includes
property located within an urban growth area, and the potential loss of developable parcels is
minimal. The Jefferson County Comprehensive Plan identifies goals and policies for the
preservation and enhancement of open space. Open Space Goal (OSG) 1.0 guides Jefferson
County to preserve and enhance the existing open space lands, and Open Space Policy (OSP)1.5
encourages the pursuit of public acquisition of potential parks, critical wildlife areas, and other
open space lands by utilizing a variety of funding mechanisms.
Recommendation:
Based upon the preceding findings, the Department of Community Development believes proposed
acquisitions would not significantly reduce the Jefferson County's capacity to accommodate planned
growth and Jefferson County would retain enough development land to accommodate the housing
and employment growth that it is expected to receive.
6/4/2010
Page 2 of 2
sW& Z. Iw
Planning Manager
Jefferson County Department of Community Development
621 Sheridan Street
Port Townsend, WA 98368
Phone 360 - 379 -4463
Fax 360 - 379 -4451
shwkins a&co.jefferson.wa.us
All e-mail sent to this address will be received by the Jefferson County e-mail system and may be subject to Public Disclosure under Chapter 42.56
RCW
ASAVE PAPER - Please do not print this e-mail unless absolutely necessary
6/4/2010