FROM COLORADO SPRINGS INDEPENDENT, November 29, 2017:

Strawberry Fields appraiser faces penalty for his work on the city’s land exchange.

Value Judgement 

 

On May 9, 2016, City Council had lots of questions about the appraisal of the open space known as Strawberry Fields, the centerpiece of Mayor John Suthers’ controversial land exchange with The Broadmoor hotel.

The city parks department’s appraisal of the property, officially called Strawberry Hill and located along the southern end of North Cheyenne Cañon, was conducted by Kyle Wigington, who valued the 186-acre tract at $1,581,000, or 33 percent less than the $2.4 million market value assigned to the property by the El Paso County Assessor’s Office.

Several councilors wanted to know why Richard Muegge, an appraiser hired by the city to review the appraisals of all nine of the land swap parcels to find if they were “appropriate and credible,” called the Strawberry Fields report “inadequate.”

Read the full article at:

https://www.csindy.com/coloradosprings/strawberry-fields-appraiser-faces-penalties-for-his-work-on-the-citys-land-exchange/Content?oid=8972835