Harold W. and Julia A. Kahla - Page 4




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                    Date            Acres         Acquisition Price                   
                    5/73           188.070        $52,659.60                          
                    4/75           142.000        117,000.00                          
                    1977           7.000          By adverse possession               
                    12/77          150.000        67,500.00                           
                    12/78          530.000        198,750.00                          
                    4/83           44.487         By exchange                         
                    9/86           161.380            116,647.93                      
               Total          1,222.937           552,557.53                          
               The ranch has 507 acres of improved coastal Bermuda grass              
          pastures for hay production and cattle grazing, and approximately           
          100 acres of open native pasture land.  The balance of the ranch is         
          dense-to-scattered woods.  The ranch is fenced into separate                
          pasture areas, allowing for pasture rotation for either cattle              
          grazing or hay production.  When fully operational, the North Ranch         
          can sustain up to 400 cows at any given time.  Several buildings,           
          including a 4,792-square-foot home, an equipment shed, and ranch            
          offices, are located on the property.  The value of the acreage             
          making up the North Ranch during 1992, 1993, and 1994 was                   
          $1,225,000.  The value of the house and improvements on the North           
          Ranch during 1992, 1993, and 1994 was $85,000.                              
               In order to receive cost-sharing payments from the U.S.                
          Department of Agriculture (USDA), petitioners consulted with the            
          Soil Conservation Service for technical assistance regarding land           
          management matters on the North Ranch.  Between 1976 and 1996,              
          petitioners received payments from USDA totaling approximately              
          $22,000.                                                                    






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Last modified: May 25, 2011