HomeMy WebLinkAbout20132085August 8, 2013
CLERK TO THE BOARD
PHONE (970) 336-7215, EXT 4226
FAX (970) 352-0242
WEBSITE: www.co.weld.co.us
1150 O STREET
P.O. BOX 758
GREELEY CO 80632
FORT LUPTON APARTMENTS LLC
9164 W 67 AVE
ARVADA, CO 80004
RE: THE BOARD OF EQUALIZATION 2013, WELD COUNTY COLORADO
APPROVAL OF STIPULATION BETWEEN PETITIONER AND ASSESSOR
ACCOUNT NO.: R6172986
Dear Petitioner:
On August 01, 2013, the Board of County Commissioners of Weld County Colorado
convened and acting as the Board of Equalization, pursuant to C.R.S. Section 39-8-101 et seq.,
considered your request to approve and adopt a valuation of your property arrived at by a
Stipulation between you and the Weld County Assessor, for the year 2013.
The Board of Equalization found that the evidence presented at the hearing supported the
stipulated value placed upon the above -described property as set forth below. Such evidence
indicated the value was reasonable, equitable, and derived according to the methodologies,
percentages, figures and formulas dictated by law.
ACTUAL VALUE AS STIPULATED VALUE
DETERMINED BY ASSESSOR APPROVED BY BOARD
$1,600,000.00 $1,250,000.00
The above 'Stipulated Value' is the value which will be used in the calculation of your property
taxes for 2013. This value is not appealable.
If you have questions concerning the above information, please call me at (970) 336-7215,
Ext. 4226.
Very truly yours,
titiLd -44O;e4
≥
Esther E. Gesick, Deputy Clerk
Weld County Board of County Commissioners
Cc: Christopher Woodruff, Weld County Assessor
R H JACOBSON & CO
5336 BRISTOL STREET
ARVADA, CO 80002
cc; `-gh.
2013-2085
AS0085
COUNTY BOARD OF EQUALIZATION
WELD COUNTY
Single County Schedule Number R6172986
JUL 31 20i3
STIPULATION (As To Tax Year_2013_ Actual Value)
RE PETITION OF :
NAME: FORT LUPTON APARTMENTS LLC
ADDRESS: 40 S Grand Av
Fort Lupton, CO
WELD COUNT) ASSESSOR
GR LEY, CO ORA DO
Petitioner (s) and the Weld County Assessor hereby enter into this Stipulation
regarding the tax year 2013 valuation of the subject property, and jointly move the Board
of Equalization to enter its order based on this Stipulation.
Petitioner (s) and Assessor agree and stipulate as follows:
1. The property subject to this Stipulation is described as:
PT SE4 6 1 66 COMM AT CEN OF SEC THENCE N83D33'E ALONG E -W
C/L 528' THENCE SOD17'E 140' TO TRUE POB THENCE N88D33'E 264'
SOD17'E 220' S88D33'W 264' N0D17'W 220' TO TRUE POB
2. The subject property is classified as Commercial property.
3. The County Assessor originally assigned the following actual value to the
subject property for the tax year 2013:
Total $1,600,000.00
4. After further review and negotiation, Petitioner (s) and Weld County Assessor
agree to the following tax year 2013 actual value for the subject property:
Total $1,250,000.00
5. The valuation, as established above, shall be binding only with respect to tax
year 2013.
6. Brief narrative as to why the reduction was made:
Further review of the Income Approach indicated an adjustment.
7. Both parties agree that:
®The hearing scheduled before the Board of Equalization on 7/30/2013 at
11:00 AM be vacated.
R6172986
1
2013-2085
DA hearing has not yet been scheduled before the Board of Equalization.
.DATFD this 29th day of July, 2013.
,
Petitidne(s) or Ag -'' t or Attorney
Address:
5'396 3,,eiss
ssi ant) Coun y Attorney for
Respondent, Weld County Board of
Commissioners
Address:
1150 "O" Street
cf-fwz- P.O. Box 758
Greeley, CO 80632
Telephone: 3d i- 4;4 Z - 1"217
Docket Number n/a
Stip-1.Frm
R6172986
Thone:(970) 336-7235
County As, ssor
Address:
1400 N.17th Avenue
Greeley, CO 80631
Telephone: (970) 353-3845 ext. 3697
2
NOTICE OF DETERMINATION
Christopher M. Woodruff
Weld County Assessor
1400 N 17th Ave
Greeley, CO 80631
ACCOUNT NO.
TAX YEAR
TAX AREA =
LEGAL DESCRIPTION/ PHYSICAL LOCATION
R6172986
2013
0880
FTL 15797-B PT SE4 6 1 66 COMM AT CEN OF SEC
THENCE N83D33'E ALONG E -W C/L 528' THENCE
S0D17'E 140' TO TRUE POB THENCE N88D33'E
264' S0D17'E 220' 588D33'W 264' NOD17'W 220' TO
TRUE POB 40 S GRAND AV FORT LUPTON, CO
PROPERTY OWNER
FORT LUPTON APARTMENTS LLC
9164 W 67 AVE
ARVADA, CO 80004
PROPERTY CLASSIFICATION
ASSESSOR'S VALUATION
ACTUAL VALUE PRIOR TO
REVIEW
ACTUAL VALUE AFTER
REVIEW
RESIDENTIAL
1,600,000
1,600,000
TOTAL
$1,600,000
$1,600,000
The Assessor has carefully studied all available information, giving particular attention to the
specifics included on your protest. The Assessor's determination of value after review is based on
the following:
CM06 - The assessor's staff has requested information which is pertinent and critical to proper
evaluation of your property's value. Because we have not received this information, we have no
choice but to deny any adjustments.
If you disagree with the Assessor's decision,you have the right to appeal to the County
Board_ of Equalization for further consideration, §-39-8-106(1)(a),C.R.S,__ _
The deadline for filing real property appeals is July 15.
The Assessor establishes property values. The local taxing authorities (county, school district, city,
fire protection, and other special districts) set mill levies. The mill levy requested by each taxing
authority is based on a projected budget and the property tax revenue required to adequately fund
the services it provides to its taxpayers. The local taxing authorities hold budget hearings in the fall.
If you are concerned about mill levies, we recommend that you attend these budget hearings.
Please refer to last year's tax bill or ask your Assessor for a listing of the local taxing authorities.
Please refer to the reverse side of this notice for additional information.
Date of Notice: 6/27/2013
Telephone: (970) 353-3845
Fax: (970) 304-6433
Office Hours: 8:00 AM - 5:00 PM
R H JACOBSON & CO
5336 BRISTOL STREET
ARVADA, CO 80002
RECEIVED
JUL 9 9 2013
WELD COUNTY
COMMISSIONERS
15-DPT-AR
PR 207-08/13
R6172986 17015
APPEAL PROCEDURES
County Board of Equalization Hearings will be held from
July 1 through August 5 at 1400 N 17 AVE.
To appeal the Assessor's decision, complete the Petition to the County Board of Equalization shown
below, and mail or deliver a copy of both sides of this form to:
Weld County Board of Equalization
1150 0 Street, P.O. Box 758
Greeley, CO 80631
Telephone: (970) 356-4000 ext, 4225
To preserve your appeal rights, your Petition to the County Board of Equalization must be
postmarked or delivered on or before July 15 for real property — after such date, your right to
appeal is lost. You may be required to prove that you filed a timely appeal; therefore, we
recommend that all correspondence be mailed with proof of mailing.
You will be notified of the date and time scheduled for your hearing. The County Board of
Equalization must mail a. written decision to you within five business days following the date of_ the
decision. The County Board of Equalization must conclude hearings and render decisions by August
5, § 39-8-107(2), C.R.S. If you do not receive a decision from the County Board of Equalization and
you wish to continue your appeal, you must file .an appeal with the Board of Assessment Appeals by
September 12, § 39-2-125(1)(e), C.R.S.
If you are dissatisfied with the County Board of Equalization's decision and you wish to continue your
appeal, you must appeal within 30 days of the date of the County Board's written decision to ONE of
the following:
Board of Assessment Appeals
1313 Sherman Street, Room 315
Denver, CO 80203
(303) 866-5880
www.dola.colorado.gov/baa
Binding Arbitration
For a list of arbitrators, contact the County Commissioners at the address listed for the County Board
of Equalization.
If the date for filing any report, schedule, claim, tax return, statement, remittance, or other document
falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed
on the next business day, a 39-1-120(3), C.R.S.
District Court
Contact the District Court in the County
where the property is located. See your
local telephone book for the address and
telephone number.
I PETITION TO COUNTY BOARD OF EQUALIZATION
What is your estimate of the property's value as of June 30, 2012? (Your opinion of value in terms of a
specific dplIa[ appQ.Ant is required for real property pursuant to § 39-8-106(1.5), C.R.S.)
� :'Pe,
What is the basis for your estimate of value or your reason for requesting a review? (Please attach
additional sheets as necessary and any supporting documentation, i.e., comparable sales, rent roll, original
installed cost, appraisal, etc.)
I ATTESTATION
I, he undersigned owner or agent2C0 of the property identified above, affirm that the statements contained
her- n an, an achments hereto are true and complete.
/ ..,7423 6 2', 5 .',r"/ r/6//
Si. nature Telephone Number Date
Email Address
200 Attach letter of authorization signed by property owner.
15 -OPT -AR
PR 207-08/13
R6172986 17015
5336 Bristol Street
Arvada, Colorado 80002
303-642-5251
Re: 2013 Board of Equalization of following property
County Schedule(s): R6172986
Address: 40 s Grand Ave Fort Lupton, CO
Owner: Fort Lupton Apartments LLC (Krisher Donald and Maribeth)
To Whom It May Concern:
Please schedule hearings the week of July 29th
On behalf of the owner we respectfully contest the valuation assigned to the above
mentioned property. Please mail all correspondences to:
David G. Berger at 5336 Bristol St Arvada, CO 80002
The requested value is: $ 1,153,000
and is based upon the following:
Sales of similar apartment buildings indicate a value of $29,091 per bedroom.
See attached comparables and spreadsheet.
Thanks for your attention in this matter and if you have any questions please do not
hesitate to contact us.
Sincerely,
David G. Berger
R.H. Jacobson and Co.
303-642-5251
dberger@rhjacobson.com
nnpwwww.patcscape.comropenrxaarm.axa:nxaeax=as ILLrwlWUt.wivyUrnr'zus..
RH. JACOBSON
_84COMPANY
PROPERTY TAX SPECIALISTS
LETTER OF AUTHORIZATION
Schedule#: R6172986 (147106400044)
Address: 40 S Grand Ave
Owner: Fort Lupton Apartments LLC
To Whom It May Concern:
I hereby appoint R. H. Jacobson & Company and its associates to represent (me) (us) on the
above mentioned or attached properties set forth in "Exhibit A" for the purposes of real estate
tax services for the years 2013 -2014 -and any prior years.
Sincerely,
•',1
(Signature)
Print name)
!'
Email i7724.('_/
As A/47 -NA- A7` '12
(Title)
Fox I Cr>n-4647/7 f" -n-72 ig=t.c n- 7T!c::
Phone number 3 .-G r
The forgoing instrument was acknowledged before me
this day of , 20
My commission expires , 20
Notary Public
2861 Kendrick Street Golden, Colorado 80401 303-834-1110 Pax 303-278-6271
2712-9-04
z
PROPERTY ANALYSIS
FOR
40 S GRAND AVENUE
FORT LUPTON, CO
SCHEDULE
R6172986
DATE OF VALUE: JUNE 30, 2012
For
TAX YEAR: 2013 - 2014
PREPARED BY
DAVID G. BERGER
5336 BRISTOL ST
ARVADA, CO 80002
303-642-5251
37
PROPERTY SUMMARY
OWNER: Fort Lupton Apartments LLC
ADDRESS: 40 S Grand Avenue Fort Lupton
SCHEDULE: R6172986
BUILDING SQUARE FEET: 30,658 Apartment
3 Studios
22 1 Bedroom 1Bathroom
15 2 Bedroom 1 Bathroom
LAND SQUARE FEET: 58,080
YEAR BUILT: 1974
CURRENT VALUE: $ 1,600,000
REQUESTED VALUE: $ 1,153,000
NOTES:
Gosgie earth
feet _
meters _
10
3
5-
2
O
a
ca
Q 0
a O
a
l7 ea tD
0i
a -I
C
C.
O
Q
C-
a
SALES PRICE
U
n
VI
DI
h
SALES PRICE
SOLD COMPARABLES
PER BEDROOM
# OF UNITS # OF BEDROOMS SQUARE FEET
SOLD AMOUNT
O
O
O
O
b
W
CC
CC
W
a
a
v en e
IT en o m m m 0
.ti o O O
N N N N N
1/1 10 00
bU0 el N el e~+. N
m 1.6 C V V lrvif
N N 10 00 V}
0 10 m m 0 m m O
b .-1 M m O N O 0
v a a s v In b en
e1 N
el
el
in 0 in N 0 10 44 i/1
O ID CO
N N W 0
el o z
b
N N LII:kQ O
n m o m
ID N
01 N
a b
v en
0 0
O 0
0 0
u O
N 0
O Li,
N .-
10 eA
el O
e1 el
el IN
NN11)
el
-
o
ti
N v
v o
N h
v L
NN 03
N
N h
o ti
SUBJECT CURRENT VALUE
Ul
0
0
0
Ire
O
ID
ey
N
147106400044 40 $ GRAND AVE
w
cc
O
0 LL
0 w
K
LLI a
en VI
W W
n n
u U
2 O
n n
w w
a a
N N
0 0
4n In
W W
Q Q
Mt m
w w
a
u
Z 2
VALUE CONCLUSION
Three Bedroom
Two Bedroom
One Bedroom
0
N
Q
L
CO
N
CO
Cr
en m
ti
m E
o t
m
-a v m
.0 a "4
0 0
L
M a a
ca 0 0
b b LA
en en ei
O O N
0 0 m
Cr
in
a
V
a
Y
c
m`
a
V
Q
O
N
O
Mw
a
CO
C
O
N
a
a
N
V
a
To
a,
O
C
O
Cc
.0
v
L
CI
tj
tn
c
N
N
a
It
A
a
0
v
N
L
C
d
3
v
01
.3
J
Y
VI
r77tf d.•- Lf
Cc:
vvi z-f..S
3
1807 22nd St - Briarwood Apartments
Greeley, CO 80631
Sale on 12/28/2011 for $2,025,000 ($35.45/SF; $46,023/Unit) - Research Complete
44 Unit, 57,120 SF Apartments Building Built in 1971
Recorded Buyer:
True Buyer:
Buyer Type:
Buyer Broker:
Sale Date:
Escrow Length:
Sale Price:
Asking Price:
Price/SF:
Price/AC Land Gross:
Percent Leased:
GRM/GIM:
Actual Cap Rate:
Sale Conditions:
JKL Ventures LLC
Scott T Scheirman
Scott Scheirman
1050 Buffalo Ridge Rd
Castle Rock, CO 80108
(303) 6944619
Individual
Apartment Realty Advisors
Justin Hunt
(303) 260-4400
12/28/2011
$2,025,000 -Confirmed
$2,100,000
$35.45
$1,036,176.64
-/-
6.80%
REO Sale
20th St.
20th St.Rd.
A
ti
1 s St
•
• 22nd St-
a,�i
o,.
23rd St • .
MI
Irvlrcrosoft'
ytVirtual Earth'"
Buyer & Seller Contact Info
Recorded Seller.
True Seller:
Seller Type:
Listing Broker:
Transaction Details
Sale Type:
Bldg Type:
Year Built/Age:
RBA:
Land Area:
Percent Improved:
Total Value Assessed:
Improved Value Assessed
Land Value Assessed:
Land Assessed/AC:
Parcel No: 096118213011, 096118213010, 096118213007, 096118213001
Document No: 3814961
Q'
tir°.
¢e
SOLD
2-4./
F
-10c(.6
l�l:Uuthj l:
Field UNC
41st St
cHir. Rd
j rjrt : d
Coastline RE Holdings Corp
PacWest Bancorp
Daniel Platt
10250 Constellation Blvd
Los Angeles, CA 90067
(310) 286-1144
Bank/Finance
Apartment Realty Advisors
Justin Hunt
(303) 260-4400
Terrance Hunt
(303) 260-4400
Shane Ozment
(303) 260-4400
Investment
Apartments
Built in 1971 Age: 40
57,120 SF
1.95 AC (85,129 SF)
84.7%
$57,310 in 2011
$48,560
$8,750
$4,477
ID: 2239346
This copyrighted report contains research licensed to R.H. Jacobson 8 Company - 511073.
5/9/2013
•
l
Page 5
1807 22nd St - Briarwood Apartments SOLD
44 Unit, 57,120 SF Apartments Building Built in 1971 (con't)
# Units: 44
Avg Unit Size: 1,046 SF
SF of all Units: 46,064
Price/Unit $46,023
Avg RentlUnit/Mo: $696
Avg Rent/SF/Mo: $0.66
Unit Mix
no of units
23
13
8
bed/bath avg unit size (sf) complex % month rent/low month renUhigh
2/1.0 52.3
2/2.0 - 29.5
3/2.0 18.2
Transaction Notes
This sale was for the 44 unit apartment complex located at 1808 21st St Rd in Greeley. CO. This complex is comprised of four buildings
with twenty-three 2 -bed 1 -bath units, thirteen 2 -bed 2 -bath units, and eight 3 -bed 2 -bath units. The addresses included in this sale are as
follows:
2144 18th Ave Ct
1808 21st St Rd
1821 22nd St
1807 22nd St
Pacific Western Bank sold this property to a private investment group, led by Scott Scheirman, on 12/28/2011 for $2,025,000 or about
$46,000 per unit The asking price for the complex was $2.1 million. Justin Hunt of Apartment Realty Advisors brokered the transaction.
This REO property was purchased at a 6.8% cap rate. Six of the units were vacant when the property went under contract with the buyer
and only two were still vacant at the time of settlement.
Operating expenses for the property were estimated at $4,000 per unit annually. Based on the reported cap rate, the NOI for this property
is approximately $137,700.
The information contained in this report was confirmed by the broker.
No plat map was available at the time that this report was completed.
Income Expense Data
Estimated Income
Estimated Expenses
Estimated Net Income
Gross Scheduled Income
+ Other Income
- Vacancy Allowance
Effective Gross Income
- Taxes
- Operating Expenses
Total Expenses
Net Operating Income
- Debt Service
- Capital Expenditure
Cash Flow
$313,700
$12,462
$166,874
$179,336
$137,700
This copyrighted report contains research licensed to R.H. Jacobson & Company - 511073.
5/9/2013
Page 6
1807 22nd St - Briarwood Apartments
44 Unit, 57,120 SF Apartments Building Built in 1971 (can't)
SOLD
Bldg Type:
# Units:
Avg Unit Size:
Avg Vacancy:
Bldg Vacant:
Owner Type:
Zoning:
Land Area:
Parking:
Expenses:
Site Amenities:
Apartments
44
1,046 SF
7.0%
0 SF
Individual
1.95 AC
Current Building Information
Bldg Status:
Bldg Size:
Stories:
Typical Floor Size:
Metering:
Rent/SF/Yr.
Elevators:
Built in 1971
57,120 SF
2
25,133 SF
Individually Metered
0
90 free Surface Spaces are available; Ratio of 2.05/Unit
2012 Tax @ $0.22/sf, 2011 Est Tax @ $0.22/sf; 2011 Est Ops @ $2.92lsf
Corner Lot
Location Information
Second Address:
Metro Market:
Submarket:
County:
CBSA:
CSA:
DMA:
1821 22nd St
Denver
Weld County/Weld County
Weld
Greeley, CO
Denver -Aurora -Boulder, CO
Denver, CO -NE -WY -NV
ID: 8294287
This copyrighted report contains research licensed to R.H. Jacobson & Company- 511073.
5/9/2013
Page 7
1715-1807 28th St - Summit Apartments
Greeley, CO 80631
Sale on 10/26/2010 for $1,500,000 ($46.76/SF; $41,667/Unit) - Research Complete
36 Unit, 32,076 SF Apartments Building Built in 1971
2 ?„-g&oa;s, SOLD
Recorded Buyer:
True Buyer:
New Brighton Lateral Lic
Manuel Montoya Jr
Manuel Montoya
PO Box 479
Kersey, CO 80644
(970) 351-0982
Buyer Type: Developer/Owner-RGNL
Buyer Broker: No Buyer Broker on Deal
Sale Date:
Escrow Length:
Sale Price:
Asking Price:
Price/SF:
Price/AC Land Gross:
GJ
-J
CV
C -
26th St
r\`
a.
S�
271115: .
MTh St
rte; e2
rc4't osofr
Virtual Earth,, �r•J J1J'=Li!:L•J' r��J:. S .Jr='. J..1!)
sOth St
l.-
Ti
r -
.r
26th St
Buyer & Seller Contact Info
10126/2010 (56 days on market)
$1,500,000 -Confirmed
$1,650,000
$46.76
$955,414.01
Percent Leased: -
GRM/GIM: -/-
Pro Forma Cap Rate:
Actual Cap Rate:
8.28%
7.53%
Recorded Seller.
True Seller:
Seller Type:
Listing Broker:
Transaction Details
Mas investments Llc
RE/MAX Alliance
Kevin Schumacher
5586 W 19th St
Greeley, CO 80634
(970) 330-5000
M.A.S. Investments LLC
Randy Moser
5586 W 19th St
Greeley, CO 80634
Corporate/User
individual
Realtec Commercial Real Estate
Services
Brian Mannlein
(970) 267-7739
Erik Broman
(970) 488-3014
Sale Type:
Bldg Type:
Year Built/Age:
RBA:
Land Area:
Percent Improved:
Total Value Assessed:
Improved Value Assessed
Land Value Assessed:
Investment
Apartments
Built in 1971 Age: 39
32,076 SF
1.57 AC (68,389 SF)
81.1%
$132,040 in 2009
$107,070
$24,970
BYp
34,
28th Sr
srtri
ID: 2001636
This copyrighted report contains research licensed to R.H. Jacobson & Company - 511073.
5/9/2013
Page 8
1715-1807 28th St - Summit Apartments
36 Unit, 32,076 SF Apartments Building Built in 1971 (con't)
SOLD
Land Assessed/AC: $15,904
Financing: Down payment of $1,500,000.00 (100.0%)
Legal Desc: GR 2H2-6 L6 & 7 BLK2 2ND HILLSIDE
Parcel No: 096118318026, 096118318027, 096118318023
Document No: 3728091
Sale History: Sold for $1,500,000 ($46.76/SF; $41,667/Unit) on 10/26/2010
Sold for $530,000 ($16.52/SF; $14,722/Unit) on 10/15/2007
# Units: 36 Price/Unit $41,667
Avg Unit Size: 800 SF
Unit Mix
no of units bed/bath avg unit size (sf) complex %
36 2/1.0 800
Transaction Notes
MAS Investments, LLC sold the property at 1715-1807 28th St in Greeley to New Brighton Lateral, LLC for $1.5 Million on October 26,
2010. The 32,076 square foot, 36 -unit multi -family building was sold as an investment property. The sale had no unusual conditions.
month rent/low month rent/high
100.0 $500 $500
The property was recorded on three seperate deeds for the three seperate deeds, however all properties were sold from the same seller to
the same buyer. The transactions were $500,000 for each building totalling $1.5 Million for the properties.
There was reportedly no financing obtained for the property.
Income Expense Data
Income Gross Scheduled Income
+ Other Income
- Vacancy Allowance
Effective Gross Income
Expenses
- Taxes
- Operating Expenses
Total Expenses
$226,800
$1,500
$198,136
$9,705
$64,182
$73,887
Net Income Net Operating Income $124,249
- Debt Service $85,339
- Capital Expenditure
Cash Flow $38,910
Bldg Type: Apartments
# Units: 36
Avg Unit Size: 800 SF
Bldg Vacant: 0 SF
Owner Type: Developer/Owner-RGNL
Zoning: RH, Greeley
Land Area: 1.57 AC
Current Building Information ID: 6293263
Bldg Status: Built in 1971
Bldg Size: 32,076 SF
Stories: 3
Typical Floor Size: 10,692 SF
Metering: individually Metered
Rent/SF1Yr: -
Elevators: 0
Parking: 157 Surface Spaces are available; Ratio of 4.36/Unit
Expenses: 2012 Tax @ $0.19/sf; 2010 Ops @ $2.001sf
This copyrighted report contains research licensed to R.H. Jacobson & Company -511073.
5/9/2013
%i
Page 9
July 24, 2013
FORT LUPTON APARTMENTS LLC
9164 W 67 AVE
ARVADA, CO 80004
CLERK TO THE BOARD
PHONE (970) 336-7215, EXT 4226
FAX (970) 352-0242
WEBSITE: www.co.weld.co.us
1150 O STREET
P.O. BOX 758
GREELEY CO 80632
Account No.: R6172986
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of July 30, 2013, at or about the hour of
11:00 AM, to hold a hearing on your valuation for assessment. This hearing will be held at the
Weld County Administration Building, Assembly Room, 1150 O Street, Greeley, Colorado.
You have a right to attend this hearing and present evidence in support of your petition. The
Weld County Assessor or his designee will be present. The Board will make its decision on the
basis of the record made at the aforementioned hearing, as well as your petition, so it would be in
your interest to have a representative present. If you plan to be represented by an agent or an
attorney at your hearing, prior to the hearing you shall provide, in writing to the Clerk to the
Board's Office, an authorization for the agent or attorney to represent you. If you do not choose
to attend this hearing, a decision will still be made by the Board by the close of business on
August 5, 2013, and mailed to you on or before August 12, 2013.
Because of the volume of cases before the Board of Equalization, most cases shall be limited to
10 minutes. Also due to volume, cases cannot be rescheduled. It is imperative that you
provide evidence to support your position. This may include evidence that similar homes in your
area are valued less than yours or you are being assessed on improvements you do not have.
Please note: The fact that your valuation has increased cannot be your sole basis of
appeal. Without documented evidence as indicated above, the Board will have no choice but to
deny your appeal.
If you wish to obtain the data supporting the Assessor's valuation of your property, please submit
a written request directly to the Assessor's Office by fax (970) 304-6433, or if you have questions,
call (970) 353-3845. Upon receipt of your written request, the Assessor will notify you of the
estimated cost of providing such information. Payment must be made prior to the Assessor
providing such information, at which time the Assessor will make the data available within three
(3) working days, subject to any confidentiality requirements.
AS0085
FORT LUPTON APARTMENTS LLC - R6172986
Page 2
Please advise me if you decide not to keep your appointment as scheduled. If you need any
additional information, please call me at your convenience.
Very truly yours,
BOARD OF EQUALIZATION
Esther E. Gesick
Deputy Clerk to the Board
cc: Christopher Woodruff, Assessor
R H JACOBSON & CO
5336 BRISTOL STREET
ARVADA, CO 80002
AS0085
Hello