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CABARRUS COUNTY APPRAISAL MANUAL <br />32 GOLF COURSES (5% Depreciation) <br />Price includes normal grading, sprinkler systems, service roads and cart paths and architect fees. <br />Class I - Championship: Quality B - $175,000 - $275,000 per hole <br />Quality A - $245,000 - $380,000 per hole <br />Quality AA - $475,000 - $750,000 per hole <br />Typical Features: 160 to 200 acres <br />6,700 to 7,000 yards long <br />Bunkered and contoured greens and fairways <br />Good undulating terrain with many large trees <br />Driving range <br />Name architect <br />Automatic sprinklers for greens and fairways <br />Paved cart paths <br />Class II - Private Club: Quality C - $150,000 - $225,000 per hole <br />Typical Features: 120 to 160 acres <br />6,400 yards to 6,700 yards <br />Bunkered at most greens <br />Undulating terrain with large trees <br />Driving range <br />Sprinklers manual or automatic <br />Paved cart paths <br />Class III - Semi- Private and Municipal Clubs: Quality D - S 1 15,000 - $170,000 per hole <br />Typical Features: 110 to 120 acres <br />6,000 yards to 6,400 yards <br />Bunkered at most greens <br />Undulating terrain and some large trees <br />Greens sprinkled <br />Paved cart paths <br />Class IV - Minimum Quality: Quality E - $45,000 - $120,000 per hole <br />Typical Features: 80 to 100 acres <br />5,600 yards to 6,000 yards <br />Open flat to undulating terrain <br />few bunkers <br />gravel or some paving cart paths <br />This schedule represents replacement cost. Depreciation may be used to consider economic factors. <br />MINIATURE GOLF COURSES (5% Depreciation) <br />Code — 32M <br />E - Minimum Quality <br />$3,000 per hole <br />D - Below Average Quality <br />$6,000 per hole <br />Typical Features: <br />.25 acres <br />Simple course, prepackaged, flat terrain, including lighting <br />C - Average Quality <br />$10,000 per hole <br />B - Above Average Quality <br />$15,000 per hole <br />Typical Features: <br />.25 to .5 acres <br />Professionally designed and installed, includes plumbing and lighting <br />A - Custom Quality <br />$20,000 per hole <br />AA — Excellent Quality <br />$35,000 per hole <br />Typical Features: <br />.50 to 1.00 acres <br />Custom course, extensive themes with major elevation, rock and waterscape <br />layout <br />These prices do not include buildings <br />and parking. <br />Cabarrus County — 2012 Revaluation <br />G -6 <br />COUNTY SPECIFICATIONS <br />AttJ&el number 12 <br />09/30/11 <br />Page 352 <br />