OCR Text |
Show 112 tion of possibly $4,000,000, which is not included within the area effected by the Uintah Project,, This leaves the assessed valuat icaa of thearea contiguous to the Uintah Project as $11,000,000. -.his covers only the land3 and improvements in white ownership, and subject to taxation. Bhila the property is presumed to be assessed at actual value, the assessments will aotually run free fifty to seventy percent of th© real value. On an average of sixty percent, an assessed valuation of ^11,000,000 will place the real value at $18,300,000. The area, against which the abovo assessment is mads, totals about S0,W^0 acres, practically the same ooreago as the Indian lands, and Includes of course the aron^sold by tha Indians to the whites. While the improvements on the land o^ned by the whites are in soao Instances better than those on the Indian leased lands, the soil Is generally rotaa 3>od aid it has only a secondary water-right as against the prior right of tha Indians. She area assessed however, ireladea several small villages, the actual value of vhich could rot be r^am than $2,000,000, leaving •')1S,000,000 as the actual value of the farm property and improvements. A conservative estimate of the '.nino of the Indian holdings would be half the amount, or $3,000,000. I'M 3 would amount to A100.00 per acre for the lend, assuming the project at 80,000 acres. BecenHy, land with an |