OFFERING CIRCULAR. 146 Acre Container Farm Irrigated. Presented by:

Transcription

1 OFFERING CIRCULAR 146 Acre Container Farm Irrigated Presented by:

2 The information contained in this offering circular was provided to Agri-Investment Services Group of Berkshire Hathaway NW Real Estate ( Broker ) by the Owner and neither Owner or Broker make any representations or warranties as to the accuracy of the information. The offering circular was prepared using information and assumptions believed to be accurate and reasonable. However, it is the responsibility of those parties considering the offering to investigate and verify all information and the suitability for their intended uses. Owner and Broker expressly disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this offering circular or any other written or oral communication regarding the offering, except for that which is specificially set forth in any definitive contracts hereafter executed and delivered, if any. All inquires regarding this offering should be directed to: Brett A. Veatch, Regional Director Agri-Investment Services Group Berkshire Hathway NW Real Estate 2501 Portland Road, Newberg, OR bveatch@agisg.com

3 McCammon Farm Hillsboro, Oregon NE Hornecker Rd., Hillsboro, Oregon The McCammon Farm consists of 145 acres with about 65% of the soils being the Woodburn or Amity series. The property is fully fenced and gated. Water rights include two ground water irriagation wells; Dairy Creek; Tualatin Valley Irriagtion District; and the reservoir. Two pumping stations provide water from Dairy Creek. There is also an inground water reclaimation and recirculation system. Structural improvements include: 50 x 120 barn; 50 x160 barn; a shop; loading docks; and a residential home. Following are photos and information for the McCammon Farm.

4 McCammon Farm Hillsboro, Oregon

5 McCammon Farm Hillsboro, Oregon

6 McCammon Farm Hillsboro, Oregon

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23 Tualatin Valley Irrigation District This 1967 photo shows a 33-inch pipeline being installed on the Tualatin Project in Oregon's Willamette Valley. This project, authorized by Congress in 1966, was the last Bureau of Reclamation project authorized in the Pacific Northwest. (Note: There have been later reauthorizations for Projects in the region.) It is the only Reclamation Project in the Willamette Valley. Known as the "Twality Plains" in the pioneer era, the area was one of the earliest farming settlements in Oregon. Agriculture developed quickly. From a small beginning in the 1930's, irrigation increased substantially. By the late 1950s, only about 6,000 acres of the Tualatin Basin were inadequately irrigated. However, flooding and draining problems had been a source of concern since the early settlement days. Reclamation began studies in the area in 1948 and, followed by locally-held meetings to formulate the type of irrigation development best suited to the area. A report in 1956 analyzed storage at the site of present-day Scoggins Reservoir, but following review of this report, it became apparent there was a greater need for municipal and industrial water than originally anticipated. A feasibility report issued in1963 identified irrigation water for 17,000 acres of land, 14,000 acre-feet of municipal and industrial water, and water for fish and wildlife, recreation, quality control, and flood control benefits. On the basis of this plan, the project was authorized in The principal features of the Tualatin Project include Scoggins Dam, Henry Hagg Lake, Patton Valley Pumping Plant, Spring Hill Pumping Plant, and more than 120 miles of a piped distribution system. Scoggins Dam, Henry Hagg Lake, and related recreation facilities were initially operated and maintained by the Bureau of Reclamation. However, the Tualatin Valley Irrigation District is now responsible for the operation and maintenance of Scoggins Dam and Patton Valley and Spring Hill pumping plants. The recreation facilities are operated and maintained by Washington County. The Patton Valley Plant is located on Scoggins Creek and provides water for the Patton Valley area and upper Tualatin River. The Springhill Pump Plant has four 350 HP pumps and five 1500 HP pumps which withdraw water from the Tualatin River for distribution through the North, East and West pipelines. Water is delivered via the Tualatin River for irrigators who pump directly from the river. TVID personnel routinely inspect and maintain miles of pipeline checking for damage or leaks. Field technicians also routinely inspect flow meters to assure accurate measurement of water use is recorded.

24 The Owner reserves the right to negotiate with parties of the Owner s choice. The Owner reserves the right to terminate the process if Owner is not satisfied with negotiations. Terms of this offering may be altered by Owner at any time without notice. Nothing in this offering circular shall bind the Owner or Broker to in any manner. Neither the Owner or Broker assume any liability to any interested party as a result of either the rejection of any proposal or the modification of any information or terms contained in this offering circular or any other communication, either written or oral, nor shall Owner or Broker be responsible for the reimbursement of any costs incurred by any interested party while evaluating the Farm or connection with any proposal made. This offering circular is made available for informational purposes only. Nothing herein is warranted or guaranteed. Interested parties are advised to verify all information with independent sources and shall not rely on the contents of this offering circular or any representations made by Owner or Broker. No party shall be bound by any offer or notice of interest and no agreement shall be considered made, until such time as the parties have executed and delivered definitive, written transactional documents. The Owner may, at Owner s sole discretion, either as part of the negotiating process or outside of such, choose to withdraw individual parcels or the entire offering from the market. The Owner requests that all inquiries be made to Agri-Investment Services Group and that no contact be made with employees of the Farm or its vendors, suppliers, customers or other parties without express, written permission from the Owner.