HomeMy WebLinkAbout20132131August 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
SAFEWAY STORES 45 INC
C/O CPTS (No. 1828)
1371 OAKLAND BLVD SUITE 200
WALNUT CREEK, CA 94596-4349
RE: THE BOARD OF EQUALIZATION 2013, WELD COUNTY COLORADO
APPROVAL OF STIPULATION BETWEEN PETITIONER AND ASSESSOR
ACCOUNT NO.: R0722701
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
$3,803,322.00 $3,756,000.00
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,
Esther E. Gesick, Deputy Clerk
Weld County Board of County Commissioners
Cc: Christopher Woodruff, Weld County Assessor
1ST NET REAL ESTATE SERVICES INC
3333 S WADSWORTH BLVD SUITE 200
LAKEWOOD, CO 80227 n n ?e-- 'zh
2013-2131
AS0085
COUNTY BOARD OF EQUALIZATION
WELD COUNTY
�ua�i ('Schedule Number:R0722701 �`�
Single 'Co
�r.rn:
STIPULATION (As To Tax Year 2013_ Actual Value)
RE PETITION OF
NAME: SAFEWAY STORES 45 INC
ADDRESS: 8134 Colorado Bivd
Firestone, CO
JUL. 3 p 2013
WELD COM
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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 Equalisation 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:
L5 FIRESTONE SAFEWAY
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 $3,803,322.00
4. After furtherreview and negotiation, Petitioner (s) and Weld County Assessor
agree to the following tax year 2013 actual value for the subject property:
Total $3,756,000.00
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. (Date) at
(Time) be vacated.
®A hearing has not yet been scheduled before the Board of Equalization.
R0722701
1
2013-2131
ATED t 29th day of July, 2013..
Petitioners 1 gent.or'Attorney
ssis'nt) County °Attorney for
Respondent, Weld County Board of
Commissioners
Address: Address:
Ar;(1qJ, 1150 "0" Street
333 S LU r n c i.. A(.�rd ` +,car P.O. Box 758
,} Greeley, CO 80632
Telephone: 72 (114 4 Z-57iT
Docket Number: n/a
Stip-l.Frm
R0722701
T- hon-:. 9.70) 33,6-7235
2(
y • ss- 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
R0722701
2013
3929
FIR FS L5 FIRESTONE SAFEWAY ,
PROPERTY OWNER
SAFEWAY STORES 45 INC
C/O CPTS (No. 1828)
1371 OAKLAND BLVD SUITE 200
WALNUT CREEK, CA 94596-4349
PROPERTY CLASSIFICATION
ASSESSOR'S VALUATION
ACTUAL VALUE PRIOR TO
REVIEW -
ACTUAL VALUE AFTER
REVIEW
COMMERCIAL
3,803,322
3,803,322
TOTAL
$3,803,322
$3,803,322
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:
CM05 - The law requires that all of 2011 and the first 6 months of 2012 data be used to establish
current values. We have considered all (3) three approaches to value in arriving at your current
valuation. We have denied your appeal based upon this data.
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
1ST NET REAL ESTATE SERVICES INC
3333 S WADSWORTH BLVD SUITE 200
LAKEWOOD, CO 80227
RECEIVED
JUL 1 5 2013
WELD COUNTY
COMMISSIONERS
15-DPT-AR
PR 207-08/13
R0722701 18466
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 O 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 District Court
1313 Sherman Street, Room 315 Contact the District Court in the County
Denver, CO 80203 where the property is located. See your
(303) 866-5880 local telephone book for the address and
www.dola.colorado.gov/baa telephone number.
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, § 39-1-120(3), C.R.S.
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 dollar amount is required for real property pursuant to § 39-8-106(1.5), C.R.S.)
$,'47 "° /Yd
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.)
jacLcc__
ATTESTATION
I, the u dersigned ow or agents of the property identified above, affirm that the statements contained herein
and grits)iy attachm
ure
Email
hereto are true and complete.
7z0.10 --75'w / /,4-
Telephone Number Date
3 Attach letter of authorization signed by property owner. •
Address
15-DPT-AR
PR 207-08/13
R0722701 18466
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Selected Value
8134 Colorado Blvd.
Total Operating Revenue
56,766 Rentable SF @
Operating Expense
Management
Reserve
$ 6.00
Vacancy
3%
5%
Total Expenses
Expenses Per SF
5%
2012
9,707
16,178
$ 25,885
$ 0.46
2012
$ 340,596
$ (17,030)
$ 323,566
$ 25,885
Net Income from Rental Real Estate $ 297,681
Capitalization Rate 8.50% 8.5%
Indicated Property Value $ 3,502,128
Rounded $ 3,502,128
2013 1553MainRentGnn.xl
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Selected Rent PSF
1st Net Real Estate Services, Inc.. 3333 S. Wadsworth Blvd. Ste. 200
Lakewood CO 80227, Phone:720-962-5750, Fax:720-962-5760
LETTER OF AUTHORITY
To Whom It May Concern:
1, Robin H. Knight , am the owner, and/or agent of the owner, of the following real and/or business personal
property:
ADDRESS PARCEL/SCHEDULE NUMBER COUNTY
See Exhibit A, Attached hereto and incorporated herein by this reference
I do hereby authorize 1st Net Real Estate Services, Inc. to represent my interests and to appear on my behalf before County
Assessor, County Board of Equalization, Board of County Commissioners, the Colorado Board of Assessment Appeals, binding
arbitration, District Court, all Colorado state courts, and/or any other agency or entity with regard to any and all matters)
concerning the valuation and taxation of the above mentioned property(s) for tax years 2013, and all previous years as allowed
by Colorado law.
The undersigned requests that copies of all decisions from any of the above entities, or any other agency or entity, as is involved
pertaining to matters of valuation and/or taxation for the above -mentioned property(s), be mailed to:
1st Net Real Estate Services, Inc.
3333 South Wadsworth Blvd. Suite 200
Lakewood, CO 80227
Phone: (720) 962-5750
Fax: (720) 962-5760
Dated this
Print Name: Robin H. Knight
Title:
Address: 11555 Dublin Canyon Road
City, State, Zip: Pleasanton, CA 94588
day of _
Phone: 925-226-5565 Fax #: 925-226-5738
STATE OF CALIFORNIA )
) SS
COUNTY OF )
Sworn to and subscribed before me this
'41'‘ et • \C -4:%+N -
Witness my hand and officialleal.
My Commission expires iti I-`� Cdr.
day of
r--r-t%-
20 /3.
Notary Public
Addr s %LAS 5 inr,
1-. I ctc S`ti
20_: by
MARSHA DSC AA -A
y r1 COMM. # 1924955
• i� f+ NOTARY PUBLIC • CALIFORNIA
cr<� ALAMEDACOUNTY
Exhibit A
Address Schedule No.
County
3904 E. 120th Avenue
1719-01-1-21-003
Adams
7353 Federal Blvd.
10300 Federal Blvd.
10020 Federal Blvd.
1719-323-17-012
1719-17-1-13-012
1719-17-1-13-010
Adams
Adams
Adams
771 E. Thornton Parkway
771 E. Thornton Parkway
1605 Bridge Street
1719-14-3-18-004
1719-14-3-18-006
1569-05-3-31-001
1310 Main Street 5413-09-0-15-003
Vacant Parcel 5413-09-0-15-002
1310 Main Street (Fuel Station) 5413-09-0-15-005
Vacant (Parking Lot) 5413-09-0-15-006
7375 E. Arapahoe 2075-21-3-01-086
201 E. Jefferson, #A 2077-03-1-05-029
12200 E. Mississippi 1973-24-2-22-001
20153 E. Smoky Hill Rd. 2073-14-3-34-003
20123 E. Smoky Hill Rd. 2073-14-3-33-001
Smoky Hill Rd. -Vacant Land 2073-14-3-00-800
22515 E. Aurora Pkwy. 2073-36-1-06-006
22675 E. Aurora Pkwy. 2073-36-1-06-003
1697 S. Havana Street 1973-22-4-35-003
1677 S. Havana Street 1973-22-4-35-001
171 W. Mineral Ave. 2077-34-2-17-004
6900 Yosemite Street 2075-27-2-02-053
1000 Ken Pratt Blvd.
R0066643
Adams
Adams
Adams
Alamosa
Alamosa
Alamosa
Alamosa
Arapahoe
Arapahoe
Arapahoe
Arapahoe
Arapahoe
Arapahoe
Arapahoe
Arapahoe
Arapahoe
Arapahoe
Arapahoe
Arapahoe
Boulder
1070 Ken Pratt Blvd.
3325 28th Street
R0149560
Boulder
R0001495
Boulder
1630 Pace Street
R0144344
Boulder
1631 Pace Street
1.601 E. Coalton Rd.
1602 E. Coalton Rd.
3333 Arapahoe
1632 Hoover Rd.
R0144346
R0505301
R0505462
R0122832
R0044573
Boulder
Boulder
Boulder
Boulder
Boulder
6775 W. 120`h Avenue
4380 W. 144`h Avenue
3600 W. 144th Avenue
3900 W. 144th Avenue
1575-36-3-08-002
Broomfield
1573-19-1-30-001
Broomfield
1573-19-1-28-005
1573-19-1-28-004
Broomfield
Broomfield
232 'G' Street
R368132433278
Chaffee
2425 Miner Street
R004744 Clear Creek
2325 Miner Street
R004745 Clear Creek
1550 Hwy. 92
1551 Hwy. 92 (Fuel)
R018705 Delta
R018708 Delta
3110-3112 E. 1st Avenue 5123-00-075
4950 E. Hampden 7061-00-043
4878-4888 Chambers 0173-06-028
4836-4846 Chambers 0173-06-032
3800 W. 44th 2194-30-032
3600 W. 44th 2194-30-003
1687 S. Colorado Blvd. 5244-11-002
1955 Sheridan 4251-00-089
2660 Federal Blvd. 2294-32-032
6400 E. Yale Ave. 6322-01-257
Denver
Denver
Denver
Denver
Denver
Denver
Denver
Denver
Denver
Denver
2797 S. Monaco 6322-01-258
2150 S. Downing 5262-24-036
560 Corona Street 5112-04-045
500 Corona Street 5112-04-004
1112 E. 6th Ave. 5112-04-030
532 Corona Street 5112-04-042
Denver
Denver
Denver
Denver
Denver
Denver
500 Corona Street 5112-04-044
545 Downing 5112-04-046
536 Corona Street 5112-04-047
757 E. 20th Avenue 2353-08-027
757 E. 20th Avenue 2353-08-024
6220 E. 14th Avenue 6052-16-001
6230 E. 14th Avenue 6052-16-002
6130 E. 14th Avenue 6052-15-019
6130 E. 14th Avenue
Denver
Denver
Denver
Denver
Denver
Denver
Denver
6052-15-018
Denver
Denver
4350 Dahlia Street 1191-00-094
4401 Forest Street 1191-00-093
5301 E. 39th Avenue 1194-00-042
4200-4600 E. 46th Avenue 1192-00-046
Denver
Denver
Denver
Denver
4500 Dahlia Street 1191-00-089
6405 Stapelton 1202-00-084
4301 Forest Street 1191-00-091
4301 Forest Street 1191-00-092
Denver
Denver
Denver
Denver
11051 S. Parker 0381113
Tract C 0381110
Tract B 0381109
9255 S. Broadway 0405559
Tract A 0405548
9229 E. Lincoln 0407088
Tract A 0407323
715 S. Perry Street 0367812
8375 N. Rampart Range Rd. 0439990
8355 N. Rampart Range Rd. 0460308
2171 N. Frontage R013918
Douglas
Douglas
Douglas
Douglas
Douglas
Douglas
Douglas
Douglas
Douglas
Douglas
Eagle
2205 N. Wahsatch Ave. 64061-18-040
N. Wahsatch Ave. 64061-18-041
2210-2336 N. Wahsatch Ave. 64061-18-039
5060 N. Academy 63214-16-001
624 State Hwy. 105 71142-01-008
1121.N. Circle 64102-13-026
1122 N. Circle 64102-13-030
El Paso
El Paso
El Paso
El Paso
El Paso
El Paso
El Paso
2890 N. Powers 63364-18-003
El Paso
6520 Academy Blvd. 65064-10-080
7655 E. McLaughlin 43063-01-008
1425 Murray Blvd. 64234-08-165
6925 Mesa Ridge Parkway 55292-05-008
6941 Mesa Ridge Parkway 55292-05-018
1920 S. Nevada 64302-19-011
1925 Roanoke Street 64302-19-013
760 S. Rockrimmon Blvd. 73132-05-001
El Paso
El Paso
El Paso
El Paso
El Paso
El Paso
El Paso
El Paso
7505 E. McLaughlin 43063-01-007
7565 E. McLaughlin 43063-01-008
3275 W. Colorado 74034-22-005
220 S. Elizabeth . 8513124001
S. Elizabeth 8513121001
S. Elizabeth 8513124003
1414 Main Street 110-80-115-R
Main Street (Parking) 996-04-009-R
El Paso
El Paso
El Paso
Elbert
Elbert
Elbert
Fremont
2001 Grand Avenue R007042
541 S. Zerex R027894
112 S. Spruce Street R002077
222 W. 7th 43640-R
3851 Evergreen Parkway
3852 Evergreen Parkway
3851 S. Hwy. 74
1701 Jackson Street
9517 Ralston Rd.
9518 Ralston Rd.
9160 W. Colfax Ave.
12680 W. 64th Ave.
12680 W. 64th Ave.
7500 S. Pierce St.
3900 Wadsworth Blvd.
7501 W. 80th Ave.
8543 Church Ranch Blvd.
12442 W. Ken Caryl Ave.
27152 Main Street
27102 Main Street
449605
425571
425570
003006
143759
010859
147968
420117
420124
407937
421456
110540
431302
428544
Fremont
Garfield
Grand
Gunnison
Huerfano
Jefferson
Jefferson
Jefferson
Jefferson
Jefferson
Jefferson
Jefferson
Jefferson
Jefferson
Jefferson
Jefferson
Jefferson
Jefferson
Jefferson
448501 Jefferson
448487 Jefferson
111 I8`'' Street 330-83-009
1900 Hwy. 24 30001971
621 Big Thompson Ave. 25193-00-009
2321 W. Eisenhower 95103-46-001
1426 E. Harmony 87313-56-001
1427 E. Harmony (Fuel)
2160 W. Drake Rd.
2160 S. Taft Hill Rd.
Taft Hill Rd. —Vacant Land
860 Cleveland
87313-56-006
97214-40-001
97214-22-002
97214-18-002
95132-40-001
457 W. Main 13183000-R
Trinidad 13952500-R.
2148 Broadway R074324
2901 F Road R034421
2915 F Road R034416
• 681 Horizon Drive R051108
677 Horizon Drive R051107
2478 Patterson Rd., #25 R054961
2915 Patterson Rd. R034416
1295 Victory Way R006901
1500 E. Main R008847
27 N. Silgo R008812
1329 S. Townsend Ave. R-0650918
1330 S. Townsend Ave. R-0017423
620 W. Platte Ave. R007286
315 W. 2nd Avenue 464-303-406-001
906 E. Olive 200048511
1017 N. Market Plaza 05-071-05-008
1017 N. Market Plaza 05-071-05-002
617 W. 291 Avenue 05-241-02-041
1322 E. 8th Street 04-293-34-010
1348 E. 8th Street 04-293-34-001
Vacant Land 04-293-34-006
Vacant Land 04-293-34-011
1231 S. Praire • 15-034-31-006
Kit Carson
Lake
Larimer
Larimer
Larimer
Larimer
Larimer
Larimer
Larimer
Larimer
Las Animas
Las Animas
Mesa
Mesa
Mesa
Mesa
Mesa
Mesa
Mesa
Moffat
Montezuma
Montezuma
Montrose
Montrose
Morgan
Otero
Prowers
Pueblo
Pueblo
Pueblo
Pueblo
Pueblo
Pueblo
Pueblo
Pueblo
1231 S. Praire 15-034-33-003
Pueblo
1200 2nd Avenue 35313300I2
Rio Grande
37500 E. Hwy. 40
R4251212 Routt
1008 Summit 1900139
Frisco 1900072
1101 E. Hwy. 24 R0000875
Woodland Park R0000871
1122 11th Avenue R3239986
100 S. Rollie Avenue R1395402
101 S. Rollie Avenue (Fuel) R1395802
1535 Main R058460.1
1536 Main (Fuel) R0584701
8206 13 CR R0722701
8206 13 CR R5411386
8206 13 CR R0722901
4632 Centerplace Dr. R2132803
Summit
Summit
Teller
Teller
Weld
Weld
Weld
Weld
Weld
Weld
Weld
Weld
Weld
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