The Shoe Bar Ranch is all native pasture and has historically been operated as a cow-calf ranching unit. The ranch has been owned and operated by the same family since the 1920s. Pride of ownership is evident given the overall condition of the ranch and facilities. The ranch includes three sections of TPLT lease. The native grass turf is in good condition over much of the ranch given timely moisture and a conservative stocking rate. The ranch has been rested, with no cattle on the ranch, for approximately two years. The topography is level to gently undulating. Mesquite is the primary brush, generally found in scattered concentrations throughout the ranch. There are scattered pockets of greasewood, generally found in the northern part of the ranch. Sand hills are found in the extreme western part of the ranch. The Shoe Bar Ranch is fenced into seven main pastures and a trap encompassing the ranch headquarters. The fences are overall in fair to good condition. Fence construction is typical barbed wire on wood post and steel T-post. Livestock water on the Shoe Bar Ranch is provided primarily by the Colorado River Municipal Water District water line, which extends through the