Auction #0901

Rock Creek Tree Farm

Rock Creek Tree Farm Portfolio

Summary by Block

Block	Acres ± *		Net Roads/ Buffers	Commercial Forest Acres by Age Class**								Acres by Site Index			Net Volume by Species***
				1-5	6-10	16-20	21-25	26-30	31-35	36-40	40+	76-95	96-115	116-135	D Fir	WW	Cedar	HWD	Other	TOTAL
"A"	4381		4126	156		305	1127	616	1687	191	44		1947	2179	30875	2075	541	785	642	34918
	Roads	76
	Buffer	96
	Non-Com	83
"B"	1938		1797	111	167	175	277	469	493	85	20	47	1368	382	10729	613	154	213	651	12360
	Roads	48
	Buffer	66
	Non-Com	27
"C"	3426		3275	99		699	689	1205	542	27	14	101	2887	287	17412	1013	380	104	229	19138
	Roads	70
	Buffer	57
	Non-Com	24
"D"	1653		1596	20		289	339	701	247			25	1015	556	11519	265	42	4	260	12090
	Roads	33
	Buffer	20
	Non-Com	4
TOTAL	11,397± Acres		10794	386	167	1468	2432	2991	2969	303	78	173	7217	3404	70535	3966	1117	1106	1782	78506
			% Acres	4%	2%	14%	23%	28%	28%	3%	1%	2%	67%	32%	89%	5%	1.5%	1.5%	2%

*Total GIS Land Use Summary

**GIS Forest Age Class Summary

***All Age Classes

TIMBERLAND PORTFOLIO SUMMARY
Location - The 11,397± acre Rock Creek Tree Farm is located 23 miles northeast of Roseburg along the eastern end of the Umpqua River Valley, near the riverfront communities of Glide and Idleyld Park, Oregon and the western boundary of the Umpqua National Forest. The Rock Creek Tree Farm consists of four blocks within a “checkerboard ownership pattern” with the BLM and other industrial forestland owners including Weyerhaeuser, Roseburg Forest Products, Seneca Jones Timber Company, Lone Rock Timber Company, Giustina Resources and other private parties.

The majority of Rock Creek Tree Farm ownership, or 9,745± acres, is located north of Highway 138 and the North Umpqua River, along the west and east drainages of Rock Creek. All these lands have access from either the BLM Rock Creek mainline road or Highway 138. The balance of the tree farm, containing 1,653± acres, is located south of the North Umpqua River and Rock Creek with BLM road access.

The Rock Creek Tree Farm property is located within 29 different sections, with 18 sections being contiguous, providing ease of management, and 7 sections that are exclusively Rock Creek Tree Farm lands.

Age Class Map

Right of Way and Road Use Agreements
There are two road use agreements with the BLM (R-540B and R-698) for Rock Creek Tree Farm. These agreements are perpetual and will be assigned to a new owner. In addition, there are easements with adjoining owners which will also be assigned to a new owner.

AGE CLASS DISTRIBUTION BY ACRES
Rock Creek Tree Farm has 79% of the age class distribution, or 8,392± acres, in 21 to 35± year old pre-merchantable stands of which 89% of the net volume is Douglas fir. This significant inventory will provide projected growth of 300± million board feet of additional merchantable timber in the next 20 years. An estimated 2,021 acres, or 18% of Rock Creek Tree Farm, is primarily older reproduction in the 16-20± year old age class which will provide additional opportunities for commercial thinning and contribute to the long-term productivity of the tree farm. The remaining 381± acres are merchantable stands, primarily in the 36-40± year old age class. 603± acres, which is 6% of the Tree Farm, is categorized as non-timberland. These lands are primarily roads, riparian areas, wetlands, and non-commercial portions of the property at higher elevations.

Block	Legal Acres (rounded)	2008-2009 Taxes
A	4,178	$8,925.96
B	1,920	$4,794.85
C	3,253	$7,413.21
D	1,683	$3,787.43
Total	11,034	$24,921.42

TAX ASSESSMENT
According to the Douglas County Assessor, there are a total of 11,034± legal acres. The entire tree farm property is assessed as forest land for tax purposes. Total 2008-2009 taxes are $24,921 or $2.25 per acre and fire protection assessments for 2008-2009 are $14,500.

ZONING
The Douglas County zoning is TR – Timberland Resource and allows, subject to a conditional use permit, a private campground, seasonal cabins, and homesite under certain conditions.