259 



Headwaters Forest Appraisal Review - Page 2 



internal access to the southern sector of the property that has been logged. 

 However, the area north of Salmon Creek is mostly roadless. Topographic 

 features of the property are dominated by a series of ridges with gentle to 

 moderately steep terrain, with areas of steep terrain along some draws and 

 portions of Salmon Creek. Elevation ranges from about 650 to 2,100 feet above 

 sea level. Although some rock outcroppings are present, soils are fairly deep 

 with good to excellent timber growing capabilities. The property Is classified 

 by general tlidber stand types, with average timber volume In thousands of board 

 feet [Wf) per acre, as follows: 



Improvements Include only a small bridge across Salmon Creek and a network of 

 existing logging roads; there are no power or telephone utilities. The Pacific 

 Lumber Company will reserve an easement over the main haul road across the 

 southern part of the tract to maintain access to their lands south and east of 

 the Headwaters Tract. Rock to be used for surfacing company-owned roads will 

 be reserved from an existing rock quarry. Outstanding rights Include one-half 

 of the mineral rights reserved by the prior owner. 



Net Merchantable Tinker - The property contains a substantial number of old- 

 growth redwood and Douglas-fir trees, as well as minor amounts of grand fir and 

 hemlock. Total merchantable timber volume Is 610.7 million board feet, net 

 short-log Scrlbner scale, with old-growth timber accounting for over 97% of the 

 volume. The timber volume was determined from an Inventory (cruise) conducted 

 in 1992 by Hammon, Jensen, Wallen & Associates (HJW), an Oakland, California, 

 based forestry and mapping consulting firm. A total of 1,094 plots were 

 measured, or about 5X of the land area; the standard error of the gross volume 

 estimate was plus or minus 3.8% at a 95% confidence level. The total land area 

 of the property was calculated to be 4,488 acres as measured by the firm's 

 ARC/INFO Geographic Information System. Based on the cruise conducted by HJW, 

 the timber stands on the property were stratified in numerous stand types 

 depending on species composition, age, and density. Net merchantable timber 

 volume In million board iPeet Is summarized by species and age class as follows: 



Tinker Species 

 Old-growth redwood 

 Young-growth redwood 

 Old-growth Douglas-fir 

 Young-growth Douglas-fir 

 Grand fir and hemlock 

 Total 



Loqqable Timber - The appraiser recognized that not all of the net merchantable 

 timber volume could be harvested because of State requirements for protection 

 of streams and other watercourses and wildlife habitat, including the northern 

 spotted owl and marbled murrelet. Based on a survey of the Class I and II 

 streamside zones within the property, the appraiser concluded that 16,488 MBF 

 of merchantable timber would not be available for harvest. In addition, 2,361 



