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Dane County Zoning & land Regulahon Committee January 17, NIB Page 3 dries and becomesdust that blows eastwmd across Mu Tuldendod s'pmperly. (E.g., Exhibit B.) Once at the plant, the huh. back up beepem soul banging truck gates are extremely hmrl, and can easily be bard within the'1'ukiendorfd lame. Other equipment at the plant nmhiW Ma to this nurse, like crushers and dryers. these disturbances me highly unpleasant and distressing to the Tukiendnrf family. H. '1'be Tukiendorfi Lou of property Valuo The TukiendorEr purchmed their home in 2003 for $255,303, assuming it would be the Tame where they finished their careers andretired. They were told the existing none metallic mine (then owned by Codicil's predecessor) had little material left and would soon class, and the 1'uklendorfs did not find the mine rite bothersome after they moved in. Since the CUP was issued in 2011 and concrete plant constructed, noise and other Impacts have substantially Increased, and the Town of Cottage Grove assessor has crmtinually reduced the assessed value of the Tukiendnrf property. As of 2013, the property was still assessed at $255,30D.W. In 2014 after Mr. Tukiendnrf complained about the plant it was reduced by $29,7W.W, and in 2012, it was redurnl by another 148,200.00. the total loo according to the County is$77,4W.03, or -33% from the pro concrete plant value. (Exhibit D.) The assessor has applied similar reduction to property belonging to the Tukiendnrfs' neighbors. (PShibE E.) In Septembcr 2817, the I ukiendods hired appraiser Craig D. Hungerfmd of Real Estate Dynamics Inc., to conduct an appraisal of their property. Mr. HungeHOrJ has over thirty years of appraisal experience and is wdl respcolcd in the industry . After a site shot and analysis, he found that 'the ITUkiendurfel property is so Imported by iM cultural uses that any practical use of Inc praoerty as residential is ImoWttIllIA" (ExhibitC,fxecutivu Summary.) HefurtherfouM, The house Is no longer considered 12 have utility as a residential property. To sell the property the seller will the counted to complete a Red Estate Condition Report which will reveal the current and historic conditions on and surrounding the property which a rcamnabie future residential use buyer will not find acceptable. (Exhibit C at 21.) As a result, Mr. Hungerford found the highest and best use of Be Tukiendorh' properly is now as an industrial use —not a residence. Usingthesales comparison approach, Hungerford calculated that the total markel value of the Tukiendurfv' property is now just $121,320. The $121,320 reflec4s $ID6,OW in property value as an Industrial site and $15,320 salvagevalue for the house. Autumns 1. pg.s