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HomeMy WebLinkAbout20132014.tiffPETITION TO STATE BOARD OF ASSESSMENT APPEALS 1313 Sherman Street, Room 315 Phone: (303) 866-5880 Denver, Colorado 80203 Fax: (303) 866-4485 Property Owner: Unit, LLC Subject Property: 151 Mt. Elbert Avenue Date: 08/30/2013 Dacono Street Address City Schedule Number(s): See Attached Schedule Number Listing Appeals the decision of the Weld County Attach separate sheet if necessary ['Board of Equalization ['Board of Commissioners ['State Property Tax Administrator For Office Use Only Docket No Fee: Y N Check/Credit Card # o F H RECEIVED SEP 0 4 2013 WELD COUNTY t§t3RS This Appeal concerns: 10Valuation O Refund/Abatement O Exemption El State Assessed Tax Year: 2013 The subject property is currently classified as: ❑ Agricultural ❑ Oil & Gas ❑ Vacant Land PiCommercial ❑Exempt ❑Industrial ID Personal OPossessory ❑ Producing Interest Mines Actual Value assigned to subject property: $1,268,150 [OMixed Use ['Natural Resources CIResidential ['State Assessed Petitioner's estimate of value: $432,732 Estimated time for Petitioner to present the appeal: minutes or 1 hours. Not less than 30 minutes. Board will allow equal time to County or Property Tax Administrator. Appearance: Petitioner will be present at the hearing 0 Petitioner will be represented by an agent ❑ Petitioner will be represented by an attorney ❑Petitioner will appear by telephone Petitioner is responsible for calling the Board at 303-866-5880 on the scheduled date and time of hearing (Mountain Time Zone) 0 Petitioner would like to appear by video conference Petitioner must contact the Board at 303-866-5880 at least 20 days in advance of the scheduled hearing to confirm availability of video conference equipment lithe property owner is an entity, it must appear under the representation of an attorney licensed in Colorado except as follows. A closely held entity may be represented by an officer of the entity as long as the amount in controversy does not exceed $10,000, exclusive of costs, interest or statutory penalties. A closely held entity can have no more than three owners. See Section 13-1-127, C.R.S. A closely held entity that will be represented by an officer of the entity must provide a letter to the Board with this petition stating that it has no more than three owners and that the tax amount at issue does not exceed $10,000. A trust filing a petition as of August 8, 2012 may be represented by a trustee, an attorney or an agent. Filing Fee: P None ❑ $ 33.75 P $101.25 Petitioner is appearing pro se (self -represented) and has not filed more than two Petitions with the Board of Assessment Appeals during this fiscal year (July 1 — June 30). Petitioner is appearing pro se (self -represented) and has filed more than two Petitions with the Board of Assessment Appeals during this fiscal year (July 1 — June 30). Petitioner will be represented by an agent or by an attorney. In the space below, please explain why you disagree with the value assigned to the subject property See attached letter dated 08/30/2013. gilifi C�. e' -1 1/4 czaS 9013- XItf Required attachments to this form: O Assessor's or Property Tax Administrator's Notice of Valuation or Notice of Denial O Decision of County Board of Equalization, County Board of Commissioners or Property Tax Administrator Attachments required under certain circumstances: ❑ A notarized Letter of Authorization if an agent will be representing Petitioner ❑ A list of names, last known addresses and telephone numbers of co -owners or parties directly interested in the subject property if applicable. Certificate of Service I hereby certify that a true and correct copy of the foregoing Petition to the State Board of Assessment Appeals and attachments were mailed, faxed or hand delivered to: 0 Board of Equalization Weld ❑ Board of Commissioners county O State Property Tax Administrator at the following address: 1150 O Street, P.O. Box 758, Greeley, CO 80632 on 08/30/2013 Date I hereby certify that a true and correct copy of the foregoing Petition to the State Board of Assessment Appeals and attachments were mailed, faxed or hand delivered to all co -owners or parties directly interested in the subject property on 08/30/2013 Date I hereby certify that four (4) true and correct copies of the foregoing Petition to the State Board of Assessment Appeals and attachments were mailed or hand delivered to the Board of Assessment Appeals at 1313 Sherman Street, Room 315, Denver, CO 80203 on 08/30/2013 Date (One copy may be faxed to the Board but the original and two additional copies must be mailed or hand delivered.) Petitioner's Mailing Address is Required Even if Petitioner is Represented by An Agent or Attorney (per C.R.S. 39-8-109) Signature of Agent O or Attorney g Sig iDr�Pe� �^ � � John R. Ridilla Aric T. Hilmas Printed Name Printed Name Mailing Address 1571 Carlson Avenue Mailing Address Erie, CO 80516 City, State, Zip Code City, State, Zip Code Telephone: E -Mail: Telephone: (720) 273-2210 Daytime number E -Mail: info@garageunitz.com Attorney Reg. No.: It is the Petitioner's responsibility to notify the BAA of any change of address. Petitioners are strongly encouraged to read the Instructions and Rules of the Board of Assessment Appeals prior to completing this Petition Form. The Instructions and Rules are available on the Web at www.dola.Colorado.gov/baa or may be requested by phone at 303-866-5880. Unit; LLC Schedule Number Listing R6778807 R6778808 R6778809 R6778812 R67788I3 R6778815 R6778816 R6778817 R6778821 R6778827 R6778828 R6778829 R6778830 R6778831 R6778833 R6778834 R6778835 R6778836 R6778837 Unitz, LLC 1571 Carlson Avenue Erie, CO 80516 August 30, 2013 Colorado State Board of Assessment Appeals 1313 Sherman Street, Room 315 Denver, CO 80203 RE: Appeal of Assessed Value Dear Board: We are writing this letter to appeal the 2013 Denial of Petitioner's Appeal and Affirmation of Assessor's Value for Unitz, LLC, located at 151 Mt. Elbert Avenue, Dacono, CO 80514. First, this garage storage (Maxi -Storage) product is fairly new and is of such a type that it fits under the "Residential Improvements" section more than as Commercial Property. These types of facilities are becoming more popular due to increased demand from those wishing to store their collector cars, RV's, boats and other personal property in a secure off -site location because their home situations will not accommodate the size or security needed for certain types of property. This product is especially driven by residential homeowners' associations due to the stringent codes and regulations. In most cases, RVs, boats, trailers, ATV's, snowmobiles, small campers, etc. cannot be stored in plain sight or on an adjacent street to any residence due to HOA declarations. At the very least, some homeowners may be able to store at their residence but only for a limited amount of time (i.e. 48 hours, 3 days, etc.). If one had enough land to construct a pole barn at their place of residence, the pole barn would be classified as part of their residential usage. This product is driven by residential storage constraints, which explains why we feel this product should fall under the residential classification. CRS Section 39-1-102 defines "Residential Improvements" as also including "buildings, structures, fixtures, fences, amenities, and water rights that are an integral part of the residential use". We feel that this product fits in under this term; however, the county assessors argue that this term only includes buildings that would be on a contiguous parcel of land to a residence. In reality, this product is an extension of one's residence, just not on a contiguous parcel of land to their residence. Second, the assessed value of each individual garage was based on a per square foot basis of sales data collected from similar properties sold during the assessment period. During the time frame from July 1, 2010 to June 30, 2012, there were seven (7) sales at Garage Unitz. As of June 30, 2012, there were a total of nineteen (19) units rented and four (4) vacant units. Based on the fact that we are predominantly a rental facility, we would argue that the income approach to valuation should be used to determine an appropriate valuation at this location. We have attached a calculation of the value per square foot based on the income approach using the rental activity data as of June 30, 2012. Under the income approach on the attached spreadsheet, the value per square foot would be $22.18. Based on the commercial classification of this product and the commercial tax rate of 29%, the tax assessed at the current valuation of $65,000 would be $2,679 for a 1,000 square foot garage that is used to store personal household goods and vehicles. This equates to a per square foot real estate tax of $2.68 per foot. Based on the Garage Unitz rental information attached, the average rental income received per square foot is $3.70 per foot for units rented for residential storage purposes. It is inequitable and not in good conscience to assess taxes of $2.68 per square foot on a product that it producing $3.70 per square foot in gross rental income. We appreciate your consideration with respect to these matters. Please feel free to contact us at (720) 273-2210 or (303) 908-0561 if you have any further questions. Sincerely, John R. Ridilla Aric T. Hilmas Managing Members Unitz, LLC Unitz, LLC Property Tax Appeal July 9, 2013 Unit B1 - Account# R6778807 Unit 82 - Account# R6778808 Unit 63 - Account# R6778809 Unit B6 - Account# R6778812 Unit B7 - Account# R6778813 Unit B9 - Account# R6778815 Unit B10 - Account# R6778816 Unit B11 - Account# R6778817 Unit D2 Account# R6778821 Unit D4 Account# R6778823 Unit DS Account# R6778827 Unit D9 Account# R6778828 Unit D10 Account# R6778829 Unit Dli Account# R6778830 Unit 012 Account# R6778831 Unit D14 Account# R6778833 Unit D15 Account# R6778834 Unit D16 Account# R6778835 Unit D17 Account# R6778836 Unit 018 Account# R6778837 Income Approach: As of June 30, 2012, Unitz, LLC had 7 units sold, 19 units rented and 4vacant units. As such, there was a 13.33% vacancy rate as of 06/30/12 . The following information is taken from the actual lease data from July 1, 2010 to June 30, 2012. Monthly Rental Income (Gross) 6,011 times: Months in Year 12 Annual Rental Income (Gross) 72,132 divided by: Square Footage of Rented Units 19,485 Rental Price per Square Foot 3.70 Less: Vacancy (13.33%) Less: Management Fees (5%) Less: Reserves (3%) Adjusted Rental Price per Square Foot divided by: Adjusted Capitalization Rate Value per Square Foot based on Income Approach Capitalization Rate Calculation: (0.49) (0.19) (0.11) 2.91 0.13121654 (A) $22.18 Commercial Tax Rate 0.29 x Mill Levy 0.142126 0.04121654 + Capitalization Rate 0.09000000 Adjusted Capitalization Rate 0.13121654 (A) July 31, 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 UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 RE: THE BOARD OF EQUALIZATION 2013, WELD COUNTY, COLORADO DENIAL OF PETITIONER'S APPEAL AND AFFIRMATION OF ASSESSOR'S VALUE ACCOUNT NO.: See Attached Dear Petitioner: On July 30, 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 petition for appeal of the Weld County Assessor's valuation of your property described above, for the year 2013. The Board of Equalization found that the evidence presented at the hearing supported the 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. This decision is based upon the Board's analysis of the written and oral testimony presented by both parties. Further that it is the Board's decision that the taxpayer/did not present sufficient evidence to show that the value of the property was not reasonably valued by the Assessor. The Assessment and valuation of the Weld County Assessor was affirmed as follows: ACTUAL VALUE AS ACTUAL VALUE AS DETERMINED BY ASSESSOR SET BY BOARD $1,268,150.00 $1,268,150.00 ec; Pef 7 S/- at/3 2013-2014 AS0085 A denial of a petition, in whole or in part, by the Board of Equalization must be appealed within thirty (30) days of the date the denial is mailed to you. You must select only one of the following three (3) options for appeal: 1. Appeal to Board of Assessment Appeals: You have the right to appeal the County Board of Equalization's decision to the Colorado Board of Assessment Appeals. A hearing before that Board will be the last time you may present testimony or exhibits or other evidence, or call witnesses in support of your valuation. If the decision of the Board of Assessment Appeals is further appealed to the Court of Appeals pursuant to C.R.S. Section 39-8-108(2), only the record of proceedings from your hearing before the Board of Assessment Appeals and your legal brief are filed with the appellate court. All appeals to the Board of Assessment Appeals filed after August 10, 2013, MUST comply with the following provisions of C.R.S. Section 39-8-107(5): (5)(a)(I) On and after August 10, 2013, in addition to any other requirements under law, any petitioner appealing either a valuation of rent -producing commercial real property to the board of assessment appeals pursuant to section 39-8-108(1) or a denial of an abatement of taxes pursuant to section 39-10- 114 shall provide to the county board of equalization or to the board of county commissioners of the county in the case of an abatement, and not to the board of assessment appeals, the following information, if applicable: (A) Actual annual rental income for two full years including the base year for the relevant property tax year; (B) Tenant reimbursements for two full years including the base year for the relevant property tax year; (C) Itemized expenses for two full years including the base year for the relevant property tax year; and (D) Rent roll data, including the name of any tenants, the address, unit, or suite number of the subject property, lease start and end dates, option terms, base rent, square footage leased, and vacant space for two full years including the base year for the relevant property tax year. (II) The petitioner shall provide the information required by subparagraph (I) of this paragraph (a) within ninety days after the appeal has been filed with the board of assessment appeals (b)(I) The assessor, the county board of equalization, or the board of county commissioners of the county, as applicable, shall, upon request made by the petitioner, provide to a petitioner who has filed an appeal with the board of assessment appeals not more than ninety days after receipt of the petitioner's request, the following information: (A) All of the underlying data used by the county in calculating the value of the subject property that is being appealed, including the capitalization rate for such property; and (B) The names of any commercially available and copyrighted publications used in calculating the value of the subject property. (II) The party providing the information to the petitioner pursuant to subparagraph (I) of this paragraph (b) shall redact all confidential information contained therein. (c) If a petitioner fails to provide the information required by subparagraph (I) of paragraph (a) of this subsection (5) by the deadline specified in subparagraph (II) of said paragraph (a), the county may move the board of assessment appeals to compel disclosure and to issue appropriate sanctions for noncompliance with such order. The motion may be made directly by the county attorney and shall be 2013-2014 AS0085 accompanied by a certification that the county assessor or the county board of equalization has in good faith conferred or attempted to confer with such petitioner in an effort to obtain the information without action by the board of assessment appeals. If an order compelling disclosure is issued under this paragraph (c) and the petitioner fails to comply with such order, the board of assessment appeals may make such orders in regard to the noncompliance as are just and reasonable under the circumstances, including an order dismissing the action or the entry of a judgment by default against the petitioner. Interest due the taxpayer shall cease to accrue as of the date the order compelling disclosure is issued, and the accrual of interest shall resume as of the date the contested information has been provided by the taxpayer. Appeals to the Board of Assessment Appeals must be made on forms furnished by that Board, and must be mailed or delivered within thirty (30) days of the date the denial by the Board of Equalization is mailed to you. The address and telephone number of the Board of Assessment Appeals are: Board of Assessment Appeals 1313 Sherman Street, Room 315 Denver, Colorado 80203 Telephone Number 303-866-5880 Fees for Appeal to the Board of Assessment Appeals: A taxpayer representing himself is not charged for the first two (2) appeals to the Board of Assessment Appeals. A taxpayer represented by an attorney or agent must pay a fee of $101.25 per appeal. OR 2. Appeal to District Court: You have the right to appeal the decision of the Board of Equalization to the District Court of the /county wherein your property is located: in this case that is Weld County District Court. A hearing before The District Court will be the last time you may present testimony or exhibits or other evidence, or call witnesses in support of your valuation. If the decision of the District Court is further appealed to the Court of Appeals pursuant to C.R.S. Section 39-8-108(1), the rules of Colorado appellate review and C.R.S. Section 24-4-106(9), govern the process. OR 3. Binding Arbitration: You have the right to submit your case to binding arbitration. If you choose this option, the arbitrator's decision is final and you have no further right to appeal your current valuation. C.R.S. Section 39-8-108.5 governs this process. The arbitration process involves the following: a. Select an Arbitrator: You must notify the Board of Equalization that you will pursue arbitration. You and the Board of Equalization will select an arbitrator from the official list of qualified people. If you cannot agree on an arbitrator, the District Court of the county in which the property is located (i.e., Weld) will select the arbitrator. b. Arbitration Hearing Procedure: Arbitration hearings are held within sixty (60) days from the date the arbitrator is selected, and are set by the arbitrator. Both you and the Board of Equalization are entitled to participate in the hearing. The hearing is informal. The arbitrator has the authority to issue subpoenas for 2013-2014 AS0085 witnesses, books, records documents and other evidence pertaining to the value of the property. The arbitrator also has the authority to administer oaths, and determine all questions of law and fact presented to him. The arbitration hearing may be confidential and closed to the public if you and the Board of Equalization agree. The arbitrator's decision must be delivered personally or by registered mail within ten (10) days of the arbitration hearing. c. Fees and Expenses: The arbitrator's fees and expenses are agreed upon by you and the Board of Equalization. In the case of residential real property, the fess may not exceed $150.00 per case. For cases other than residential real property, the arbitrator's total fees and expenses are agreed to by you and Board of Equalization, but are paid by the parties as ordered by the arbitrator. If you have questions concerning the above information, please call me at (970) 336-7215, Ext. 4226. Very truly yo, Esther E. Gesick, Deputy Clerk Weld County Board of County Commissioners Cc: Christopher Woodruff, Weld County Assessor 2013-2014 AS0085 Accounts for Petitioner: UNITZ LLC Account: Assessor Value: CBOE Value: R6778807 $63,700.00 $63,700.00 R6778808 $71,500.00 $71,500.00 R6778809 $65,000.00 $65,000.00 R6778812 $65,000.00 $65,000.00 R6778813 $71,500.00 $71,500.00 R6778815 $65,000.00 $65,000.00 R6778816 $71,500.00 $71,500.00 R6778817 R6778821 $65,000.00 $73,125.00 l $65,000.00 $73,125.00 R6778827 $73,125.00 $73,125.00 R6778828 $48,750.00 $48,750.00 R6778829 $47,450.00 $47,450.00 R6778830 $73,125.00 $73,125.00 R6778831 $73,125.00 $73,125.00 R6778833 $73,125.00 $73,125.00 R6778834 $73,125.00 $73,125.00 R6778835 $73,125.00 $ 73,125.00 R6778836 $73,125.00 $73,125.00 R6778837 $48,750.00 $48,750.00 Weld County CHRISTOPHER M. WOODRUFF COUNTY ASSESSOR BRENDA DONES, DEPUTY ASSESSOR VALUATION REPORT OF COMMERCIAL PROPERTY FOR Weld County Board of Equalization UNITZ LLC PETITIONER VS. WELD COUNTY ASSESSOR'S OFFICE RESPONDENT Parcel Number: 1467-02-3-09-001 + 18 Schedule Number: R6778807 + 18 Log Number: 7532 Date: 7/30/2013 Time: 09:45 AM Board: CBOE PREPARED BY WADE J. MELIES WELD COUNTY ASSESSOR'S OFFICE STAFF APPRAISER ASSESSOR'S VALUE COMMERCIAL $1,268,150 2013-2014 /6/3 DORS Page 1 Account # Parcel # Break Down of 19 Units Unit # Owner F6778807 1467-02-3-09-001 B1 UNITZ LLC F6778808 1467-02-3-09-002 B2 UNITZ LLC 1%778809 1467-02-3-09-003 B3 UNITZ LLC F6778812 1467-02-3-09-006 66 UN I TZ LLC 1%778813 1467-02-3-09-007 B7 UNITZ LLC FC778815 1467-02-3-09-009 B9 UNITZLLC F6778816 1467-02-3-09-010 B10 UNITZ LLC 1%778817 1467-02-3-09-011 B11 UN I TZ LLC FC778821 1467-02-3-10-002 D2 UNITZLLC F6778827 1467-02-3-10-008 D3 UNITZ LLC F%778828 1467-02-3-10-009 D9 UNITZLLC 1%778829 1467-02-3-10-010 D10 UNITZLLC F6778830 1467-02-3-10-011 D11 UNITZ LLC FC778831 1467-02-3-10-012 D12 UN I TZ LLC 1%778833 1467-02-3-10-014 D14 UN I TZ LLC F6778834 1467-02-3-10-015 D15 UN! TZ LLC 1%778835 1467-02-3-10-016 D16 UNITZLLC 1%778836 1467-02-3-10-017 D17 UNITZLLC F6778837 1467-02-3-10-018 D18 UNITZ LLC Total 19 Units Sze SF Value 980 $63,700 1,100 $71,500 1,000 $65,000 1,000 $65,000 1,100 $71,500 1,000 $65,000 1,100 $71,500 1,000 $65,000 1,125 $73,125 1,125 $73,125 750 S48,750 730 S477450 1,125 $73,125 1,125 $73,125 1,125 $73,125 1,125 $73,125 1,125 $73,125 1,125 $73,125 750 S48,750 19,510 $1,268,150 CBOE_COMM _010998 Page 2 SALI ENT FACTSAND CONCLUSI ONS Purpose of Appraisal To determine Market Value as of 1/ 1/ 13 based on an appraisal date of 6/ 30/ 12. Property Rights Appraised Unencumbered fee simple interest. Location 151 MT ELBERT AV 19 Units DAWN O Zoning I-1 Light Industrial Property Type Condo Warehouse Condo Year Built 2009 Quality Average Class Metal Frame Number of Units 19 Number of Stories 1 Total Sq. Ft. 19,510 Value Indications: Market Approach $1,463,250 Income Approach $959,000 Reconciled $1,268,150 CBOECOMM 010998 Page 3 Subject Neighborhood Map WASS rap i ' Tom_ .. z- ti. wiegirt_iis1 n n1:J r. lic Crig :E ti mn I:t il! ra i Glacier Business Park IN -OE Cs-ar i r 46702307006 Interstate Ford Subject Development 1 ¢ _ y LA WAY Sub' ect Devel o ment Aerial Ku rn & Go 146702310010 146702310011 146702310012 146702310013 146702310014 146702309999 146702310015 6 146702310016 �7 I 146702310017 08 I 146702310018 009 rl r 146702309001 1 l 146702309002 146702309003 I 1 146702309004 4 146702309005 146702309006 146702309O07 146702309008 146702309, 09 146702309010 146702309011 146702309012 1 A - sera _ RAND VIEW Mop center 40' 4' 48-6_14, 104' St 17' W ` Map Layers [ Edit ] Q CBOECOMM 010998 Page 4 Photo of Typical Smaller Unit with Single Overhead Door Sketch of Building B CBOECOMM 010998 Page 5 Photo of Typical Lager Unit with Double Overhead Door c j Sketch of Building D CBOECOMM 010998 Page 6 THE SUBJECT The subject is located in the Garage Unitz Condominium Development which is located on the east side of Interstate 25 and approximately one mile south of Highway 52. The development consists of 30 units in two buildings. One unit serves as the sales office and club house. Future development is planned; this plan can be seen in the addendum. The subject 19 units have one or two overhead head doors with electric openers and a space heater. COST APPROACH SUMMARY The subject properties are condominium units. Since the subject properties are condominiums by definition, the land and buildings are owned by the condominium association. The owner owns the right to use the air space within their unit. For this report the Cost Approach is not applicable. CBOECOMM 010998 Page 7 MARKET APPROACH SUMMARY Real property for the tax year 2013 must be valued utilizing the level of value for the period of one and one-half years immediately prior to June 30th, 2012. A period of five years immediately prior to July 1, 2012 shall be utilized to determine the level of value if adequate data is not available from such one and one-half year period to adequately determine the level of value for a lass of property. Said level of value shall be adjusted to the final day of the data -gathering period. Changes occurring between base years are not to be accounted for until the fol lowi ng level of value is implemented, other than additions, change in use, detrimental acts of nature, damage due to fire, etc., creation of a condominium, new regulations restricting or increasing the use of the land, or a combination thereof {39-1-104(11)(b)(I),CRS}. The comparable sales in this report were selected using county records, as wel l as the Multiple Listing Services. The Weld County Assessor's Office has verified that the comparable sales are arms -length transactions based on review of the Real Property Transfer Dedaration, telephone or personal confirmation interviews and physical inspections to confirm property characteristics at the time of sale. There area limited number sales in the subject's development and these sales are all first time sales from the developer. These sales may not accurately indicate a market value of the subject development. There are two other warehouse condominium developments in southwest Weld County. Garage Town is located west of Interstate 25 and just south of Highway 119 and is considered slightly superior to the subject development. Frederick West Business Park Condos is located on the east side of I nterstate 25 and approximately half way between Highway 119 and Highway 52. Frederick West Condos are very similar to the subject. The sales from all throe developments are presented in thefollowi ng tables and used to establish a market value for the subject property. The subject properties are 19 individual condominium units and most likely will be sold individually, as indicated by the market. No market data was available to indicate a discounted market value for a bulk sale. There are 29 sales in the extended base period. These sales develop a range from $56 to $93 dollars per square foot and an average of $77 per square foot. Based upon investigation and analysis, it is the opinion of the appraiser that the value of $75 per square foot accurately reflects the market value of the subject property. VALUE As INDICATED BY THE MARKET APPROACH $1,463,250 CBOECOMM 010998 Page 8 Warehouse Condominium Sales in SVV Weld County Garage Unitz Built As Total Imp SF Sale Dt Sale Price Sale Price/SF Parcel # NBHD PropType Location City Warehouse 1125 12 -Nov -10 $101,300.00 $90.04 146702310003 3929 Condo DACONO Warehouse 1125 02 -Jun -11 I $103,100.00 $91.64 146702310005 3929 Condo I DACONO Warehouse 1125 21 -Oct -11 $101,600.00 $90.31 146702310006 3929 Condo DACONO Range Frederick West $90.04 $91.64 Average $90.51 Median $90.18 Built As Total Imp SF Sale Dt Sale Price Sale Price/SF Parcel # NBHD PropType Location City Warehouse 916 29 -Nov -10 $60,000.00 $65.50 131326213004 3913 Condo FREDERICK Warehouse 916 01 -Mar -11 $60,000.00 $65.50 131326213005 3913 Condo FREDERICK Warehouse 957 01 -Apr -11 $75,000.00 $78.37 131326214009 3913 Condo FREDERICK Warehouse 957 18 -Nov -11_ $60,000.00 $62.70 131326214005 3913 Condo FREDERICK Warehouse 957 25 -Apr -12 $57,500.00 $60.08 131326214003 3913 Condo FREDERICK Warehouse 957 25 -Apr -12 $57,500.00 $60.08 131326214006 3913 Condo FREDERICK Warehouse 1171 04 -May -12 $81,300.00 $69.43 131326214011 3913 Condo FREDERICK Warehouse 957 07 -Jun -12 $57,500.00 $60.08 131326214008 3913 Condo FREDERICK Warehouse 957 07 -Jun -12 $57,500.00 $60.08 131326214007 3913 Condo FREDERICK Warehouse 1055 27 -Jun -12 $71,500.00 $67.77 131326214002 3913 Condo FREDERICK Warehouse 1171 27 -Jun -12 $81,300.00 $69.43 131326214001 3913 Condo FREDERICK Range $60.08 $78.37 Average $65.37 Median $65.50 CBOE_COMM_010998 Page 9 Garage Town Built As Total Imp SF Sale Dt Sale Price Sale Price/SF Parcel # NBHD PropType Location City Warehouse 960 12 -Jul -10 $89,500.00 $93.23 131310120203 3919 Condo WELD Warehouse 960 25 -Apr -11 $82,500.00 $85.94 131310120218 3919 Condo WELD Warehouse 1152 04 -May -11 $98,000.00 $85.07 131310120207 3919 Condo WELD Warehouse 960 01 -Jun -11 $84,000.00 $87.50 131310120611 3919 Condo WELD Warehouse 1200 01 -Jul -11 $92,000.00 $76.67 131310120108 3919 Condo WELD Warehouse 960 04 -Aug -11 $72,000.00 $75.00 131310120504 3919 Condo WELD Warehouse 1200 07 -Sep -11 $80,000.00 $66.67 131310120414 3919 Condo WELD Warehouse 960 07 -Nov -11 $69,000.00 $71.88 131310120503 3919 Condo WELD Warehouse 1200 29 -Nov -11 $77,500.00 $64.58 131310120412 3919 Condo WELD Warehouse 960 10 -Jan -12 $84,000.00 $87.50 131310120613 3919 Condo WELD Warehouse 1200 02 -May -12 $85,000.00 $70.83 131310120411 3919 Condo WELD Warehouse 1344 15 -May -12 $99,000.00 $73.66 131310120404 3919 Condo WELD Warehouse 768 31 -Mary 2 I $43,000.00 $55.99 131310120518 3919 Condo WELD Warehouse 768 29 -Jun -12 $60,000.00 $78.13 131310120505 3919 Condo WELD Range $55.99 $93.23 Overall Range $55.99 $93.23 Average $77.50 Median $71.88 Average $76.62 Median $75.83 CBOE_COMM_010998 Page 10 Subject Development Sales Map 1467023 0001 146702310011 146702310002 146702310012 0.025 146702310013 0.026 146702310004 146:7,0231001 14670211,001; 1x46.7`02310006 1'46702310016 1 6;7.023,1,0O0j el1467001. S IPMMIIIP 146702309002, 146702309003 146702309004 146702309005 146702309006 146702309008 0.023 146702309009 146702309010 146702309011 -a 146702309012 CMap ' Iter. 40' 4' Map Legend ,_ I 1_J II Weld County Boundary Highway Roads ParcelAcres Parcel Hydro Sales 2007 2008 2009 2010 2011 2012 2013 Sales i n dark yellow and orange are sale in the base period CBOECOMM 010998 Page 11 I NCOME APPROACH SUMMARY The Weld County Assessor has appropriately considered the IncomeApproach to value for the Sbject property on appeal. The Assessor has gathered income information from local commercial properties for the time frame of January 1, 2011 through June 30, 2012. This information, combined with statewide and industry -wide data, is used to determi ne typical income and expenses for various property types. In condusion of the IncomeApproach, the Assessor has considered both groups of data and has put more emphasis on the local factors and data than the state and national data. This information was then applied to the subject property to arrive at an appropriate Income Approach Value. TOTAL I NC0ME VALUE FOR THE SUBJECT PROPERTY $959,000 Typically this type of property is owner occupied. If an owner is not occupying their unit, they rent it for an amount that will cover their expenses, HOA fees and property taxes, not to make a profit. This type of property is built to profit from the income of selling the individual condo units. The subject developer is currently leasing the units that have not boon sold. During the base period, the developer had 19 units rented and 3 units vacant. The developer has been and is currently trying to sell these units. It would be difficult to sell a unit that is occupied by a tenant. It might be undesirable for a buyer to purchase a unit, to owner occupy, and have to wait for a tenant to be removed. It can be concluded that the developer must purposefully leave some units vacant for future sales. As can be seen from the developer's rent roll on the following page, the rent range is from $0.28 to $16.00 per squarefoot. This wide range would scorn to support the notion that these units are being rented to cover expenses and not to derive an income profit. The average rent per square foot, including vacancy was $7.51. Garage Unitz Performa Fent per S.f. Mngt 5% F&v 3% HOA Fees Total Expense Average $7.51 $0.38 $0.23 $0.46 $1.06 NOI $6.45 Indicated Value per s.f . $49.16 Total 19,510 $959,000 rounded Assmnt' 0.29 Mill Levy Mkt Cap Rf Cap 0.142126 0.09 0.13122 CBOECOMM 010998 Page 12 Unitz LLC Tax Period Unitz Font Roll - 07/01/10 to 06/30/12 Ftntal Income Fbnt Income per sF Fental Satus Unit Sq. Ftnted Unit Sq. Footage Footage Sales Rice Rile per sF B-1 $9,000.00 $9.18 980 980 B-2 $7,225.73 $6.57 1,100 1,100 B-3 $1,600.00 $1.45 1,100 1,100 B-4 Sold 1,000 $100,500 $100.50 B-5 Sold 1,000 $90,000 $90.00 B-6 $1,790.00 $1.79 1,000 1,000 B-7 $14,400.00 $13.09 1,100 1,100 B-8 Sold 1,000 $90,000 $90.00 B-9 $10,550.00 $10.55 1,000 1,000 B-10 $11,400.00 $10.36 1,100 1,100 B-11 $8,900.00 $8.90 1,000 1,000 B-12 $9,637.33 $8.76 1,100 1,100 D-1 Cub Houk 750 D-2 Vacant 1,125 1,125 D-3 Sold 1,125 $101,300 $90.04 D-4 $330.00 $0.29 1,125 1,125 D-5 Sold 1,125 $103,100 $91.64 D-6 Sold 1,125 $101,600 $90.31 D-7 $315.00 $0.28 1,125 1,125 D-8 $16,950.00 $15.07 1,125 1,125 D-9 $6,950.00 $9.27 750 750 D-10 $8,050.00 $11.03 730 730 D-11 Vacant 1,125 1,125 D-12 $5,165.00 $4.59 1,125 1,125 D-13 Sold 1,125 $101,300 $90.04 D-14 Vacant 1,125 1,125 D-15 $3,075.00 $2.73 1,125 1,125 D-16 $18,000.00 $16.00 1,125 1,125 D-17 $4,000.00 $3.56 1,125 1,125 D-18 $6,933.24 $9.24 750 750 2 yr Total Average Annual Income $144,271.30 $72,135.65 Rent Range Average Median Total Fent al Si. Footage w/vacant per square foot $0.28 $3.14 $16.00 $7.51 $8.90 22,960 Average aile Rice $98,257 $92 CBOECOMM 010998 Page 13 CONCLUSION Real property for the tax year 2013 must be valued utilizing the level of value for the period of one and one-half years immediately prior to June 30th, 2012. A period of five years immediately prior to lily 1, 2012 shall be utilized to determine the level of value if adequate data is not available from such one and one-half year period to adequately determine the level of value for a dass of property. Said level of value shall be adjusted to the final day of the data -gathering period. Changes occurring between base years are not to be accounted for until the fol lowi ng level of value is implemented, other than additions, change in use, detrimental acts of nature, damage due to fire, eta, creation of a condominium, new regulations restricting or increasing the use of the land, or a combination thereof {39-1-104(11)(b)(I), CRS}. The subject property has been classified as Commercial Property for assessment purposes. Commercial property value shall be determined by appropriate consideration of the Cost Approach, Market Approach, and Income Approach to value. {39-1-103(5)(a) C. R. S.} The Assessor has considered all throe approaches to value for the subject parcel on appeal. FINAL RECONCILIATION The subject properties are intended to be owner occupied. The developer intended for the i ncome to come from the sales of the individual units not rental income. For this analysis the Income Approach is given minimal weight. After consideration of the cost, market and income approaches the Market Approach to value was given more weight in consideration that there are 29 warehouse condominium sales. It is the Weld County Assessor's opinion that the val ue of $1268,150 or $65 per square foot, most accurately reflects the val ue of the subject property in Weld County for the 2013 tax year. COST APPROACH MARKET APPROACH INCOME APPROACH n/a $1,463,250 $959,000 ASSESSOR'S VALUE Total : $1268,150 CBOECOMM 010998 Page 14 APPRAI SAL STANDARDSAND ETHICS CERT I Fl CAT I ON I certify to the best of my knowledge and belief that: The statements of fact contained in this report are true and correct. The reported analyses, opinions and condusions are limited only by the reported assumptions and limiting conditions and is my personal unbiased professional analyses, opinions and conclusions. I have no present or prospective interest in the property that is the subject of this report, and I have no personal interest or bias with respect to the parties involved. My compensation is not contingent on an action or event resulting from the opinion or conclusions in, or the use of, this report. My analyses, opinions and conclusions were developed, and this report has boon prepared, in conformity with the Uniform Standards of Professional Appraisal Practice. No one provided significant professional assistance to the person signing this report. I have made a personal inspection of the property that is the subject of this report. zeye, Wade J.Mel ies Colorado Certified General Appraiser CG40036400 CBOECOMM 010998 Page 15 ADDENDUM FUTURE DEVELOPMENT STE PLAN Mr1 _ : .. 1 - '•i.- j— 7_ -ate.— garageUnitz secure stoogeuncanny — : —t , -: :-. =,- Artistic Renderirm cof garage:nit Site •- a ._ Is =. I. Zsal ::start - 1 2TL, CBOECOMM 010998 Page 16 a :30Nsagas Zaa % mendi,ir•litea ••at Sala ..iI.. _... _.. ,•, — .. r. S. _ atom, Ies s= iiSite a • a•• 1; 2013 CBOECOMM 010998 Page 18 NOTICE OF DETERMINATION COMMERCIAL Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM ACCOUNT NO. R6778833 UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 TAXYEAR 2013 TAX AREA LEGAL DESCRIPTION) PHYSICAL LOCATION 3271 UNIT D14 BLDG D GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV D14 DACONO, CO 000000000 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW r TOTAL_ ACTUAL VALUE AFTER REVIEW 73,125 S73,125 73,125 $73,125 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. RECEIVED JUL.. 1 2[113 WELD COUNTY COMMSSIONERS 15-DPT-AR PR 207-08/13 R6778833 18199 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.) $ ,9cZ.SA 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.) Spa Fs� C�C3�� ATTESTATION I, u dersigned owner or agent2'b° of the property identified above, affirm that the statements contained h an on— tachments hereto are true and complete. Signature Telephone Number Date 11JTo 6bleaNtoF. u�J sC z , C.6 M Email • z74 -119 \ ) 3 2366 Attach letter of authorization signed by property owner. Address 15-DPT-AR PR 207-08/13 R6778833 18199 NOTICE OF DETERMINATION Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM ACCOUNT NO. TAX YEAR TAX AREA LEGAL DESCRIPTION/ PHYSICAL LOCATION R6778834 2013 3271 UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 UNIT D15 BLDG D GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV D15 DACONO, CO 000000000 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW COMMERCIAL 73;125 ACTUAL VALUE:AFTER`' REVIEW 73,125 TOTAL $73,125 $73,125 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. EC WED JUL 1 31 WELD COUNTY COIMM?SSI0NERS 15 -OPT -AR PR 207-08/13 R6778834 18198 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 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, § 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.) $Z6r7-.So 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.) 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. S !cc tA.c'zaD ATTESTATION I, th u , ersigned owner or agent23b' of the property identified above, affirm that the statements contained herei d on an a,chmIepts hereto are true and complete. eitc) Z } • tz.ta -7 19 13 —Sig a Telep one Number Date 1 1 ry Th b\f1ta4 \34S -cat- . CiM Email 2367 Attach letter of authorization signed by property owner. Address 15 -OPT -AR PR 207-08/13 R6778834 18198 NOTICE OF DETERMINATION Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley; CO 80631 ACCOUNT NO. TAX YEAR TAX AREA Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM LEGAL DESCRIPTION/ PHYSICAL LOCATION R6778835 2013 tx w O W a UNITZ LLC 1571 CARLSON AVENUE ERIE. CO 80516 3271 UNIT D16 BLD D GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV D16 DACONO, CO 000000000 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW, ACTUAL VALUE AFTER:;: REVIEW COMMERCIAL TOTAL 73,125 $73,125 73,125 $73,125 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. RECEIVED J U_ L iI 2013 WELD COUNTY COMMISSIONERS 15-DPT-AR PR 207-08/13 R6778835 18197 Si. ature 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.) $ 24, 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.) � t {i---r°.A,C.\a te ATTESTATION I, t e Undersigned owner or agent'db6 of the property identified above, affirm that the statements contained tta ments hereto are true and complete. Telephone Number Date ( i lrJFb e GAR.AWEvr.iKZ. co N\ Email 2368 Attach letter of authorization signed by property owner. -I' 9) I3 Address 15-DPT-AR PR 207-08/13 R6778835 18197 NOTICE OF DETERMINATION Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 ACCOUNT NI TAX YEAR R6778836 2013 UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 TAX AREA Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM LEGAL DESCRIPTION/ PHYSICAL LOCATION 3271 PROPERTY CLASSIFICATION UNIT D17 BLDG D GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV D17 DACONO, CO 000000000 ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE. AFTER REVIEW COMMERCIAL TOTAL 73,125 73,125 $73,125 $73,125 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 noticiiormation. JUL 1 1 281 J WELD COUNTY COMMISSIONERS 15-DPT-AR PR 207-08/13 R6778836 18195 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.qov/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.) $ Z•42 `�C Z SD 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.) SSE PC -CA ckanD ATTESTATION I, th- un:ersigned owner or agent23b9 of the property identified above, affirm that the statements contained heroin an:. = ttachments hereto are true and complete. Sig ture � El e.-9 z1:3;:zz-lo `7 ) Telephone Number Date / iri?b c CP- G .uNrC T - C034\ Email 2369 Attach letter of authorization signed by property owner. Address 15-DPT-AR PR 207-08/13 R6778836 18195 NOTICE OF DETERMINATION Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 ACCOUNT Na TAX YEAR TAX AREA LEGAL DESCRIPTION/ PHYSICAL LOCATION R6778837 2013 3271 UNIT D18 BLDG D GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV D18 DACONO, CO 000000000 PROPERTY OWNER UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW COMMERCIAL 48,750 48,750 TOTAL $48,750 $48,750 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. Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM Please refer to the reverse side of this notice f ; : pnsl )gigynation. WELD COMMISSIONERS 15-DPT-AR PR 207-08/13 R6778837 18196 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.qov/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 tl required for real property pursuant to § 39-8-106(1.5), C.R.S.) $ z )6J � p3S. — 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.) ATTESTATION I, t e uii .ersigned owner or agent23'0 of the property identified above, affirm that the statements contained he i; an' . •atta ,,ments hereto are true and complete. A k -4S' (iz.) z,Z3, 2z -(o —I 9 93 spnature Telephone Number Date ( \W -o e .4\w- UN 'z , ( N\ Email 2370 Attach letter of authorization signed by property owner. Address 15-DPT-AR PR 207-08/13 R6778837 18196 NOTICE OF DETERMINATION Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM ACCOUNT NO. R6778807 TAX YEAR 2013 UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 rt 0,. O re TAX AREA 3271 LEGAL DESCRIPTION/ PHYSICAL LOCATION UNIT B1 BLDG B GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV B1 DACONO, CO 000000000 PROPERTY CLASSIFICATION COMMERCIAL ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW 63,700 TOTAL 63,700 $63,700 $63,700 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. RECEIVED JUL 1 . 2013 WELD COUNTY COMMISSIONERS 15 -OPT -AR PR 207-08/13 R6778807 18217 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.) $Zl" "Sto 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.) A'i'Cp.A ATT - ATION I, the untersigne..wner or agent' 2 of the property identified above, affirm that the statements contained heachments hereto are true and complete. ture (.1 ZS) •VI3•'Lt-l0 Telephone Number $ Po ca CmNW[Ia i\t/ 4 a Z- .C\ SJ\ Email 2352 Attach letter of authorization signed by property owner. -1 j `` Date Address 15-DPT-AR PR 207-08/13 R6778807 18217 NOTICE OF DETERMINATION Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM ACCOUNT NO. R6778808 2013 TAX AREA O W_. UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 COMMERCIAL LEGAL DESCRIPTION/ PHYSICAL LOCATION 3271 ' UNIT B2 BLDG B GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV B2 DACONO, CO 000000000 ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO '.REVIEW ACTUAL VALUE AFTER REVIEW 71,500 71,500 TOTAL $71,500 $71,500 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. RECEIVED JUL n13 WELD COUNTY COMMISSIONERS 15-DPT-AR PR 207-08/13 R6778808 18218 APPEALPROCEDURES 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.) $24t39a•— 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, the unrers'. ed owner or agent245J of the property identified above, affirm that the statements contained herei atta' •gents hereto are true and complete. bzo)-VIII -22-kb -AI 812013 ign,-ture Telephone Number Date t is%)11?®e GSA C NIC7-..@"N Email 2353 Attach letter of authorization signed by property owner. Address 15-DPT-AR PR 207-08/13 R6778808 18218 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 R6778809 2013 3271 UNIT B3 BLDG B GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV B3 DACONO, CO 000000000 PROPERTY OWNER UNITZ LLC - 1571 CARLSONAVENUE ERIE, CO 80516 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW COMMERCIAL 65,000 65,000 TOTAL $65,000 $65,000 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. Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM Please refer to the reverse side of this notice for additional information. RECEIVED JUL S 12013 WELD COUNTY COMMISSIONERS 15-DPT-AR PR 207-08/13 R6778809 18216 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.) $Ze1b. 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.) k f\ --CT tac.NEO ATTESTATION I, t e ndersigned owner or agent"S4 of the property identified above, affirm that the statements contained any attachments hereto are true and complete. c1z®?.Zt�.Z.'t;l® S gnature IATO e G AQi..LZ Email Telephone Number 2354 Attach letter of authorization signed by property owner. —11911-3 Date Address 15-DPT-AR PR 207-08/13 R6778809 18216 NOTICE OF DETERMINATION 3271 2013 COMMERCIAL Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 ACCOUNT NO. R6778812 TAX YEAR TAX AREA Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM LEGAL DESCRIPTION! PHYSICAL LOCATION UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 PROPERTY CLASSIFICATION UNIT B6 BLDG B GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV 66 DACONO, CO 000000000 ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER REVIEVII REVIE1N 65,000 TOTAL $65,000 65,000 $65,000 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: 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. RECEIVED JUL I i 2013 WELD COUNTY COMMISSIONERS 15-DPT-AR PR 207-08/13 R6778812 18214 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 daysfollowing 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 § 39-5-106(1.5), C.R.S.) 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.) ct tNi O A TESTATION undersigned owner or agentzd" of the property identified above, affirm that the statements contained he an. • . -. y attachments hereto are true and complete. z -o) z73•z-zt-o —119)13 ignature Telephone Number Date 1.7\YF e. G1PiZt.lnF.040-t. CO 1\ Email 2355 Attach letter of authorization signed by property owner. Address 15-DPT-AR PR 207-08/13 R6778812 18214 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 R6778813 2013 3271 UNIT B7 BLDG B GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV B7 DACONO, CO 000000000 PROPERTY OWNER UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW COMMERCIAL 71,500 71,500 TOTAL $71,500 $71,500 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. Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM Please refer to the reverse side of this notice for additional information. RECEIVED JUL ,I 120113 WELD COUNTY COMMISSIONERS 15-DPT-AR PR 207-08/13 R6778813 18213 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.qov/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.) $ 'kA 391) 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.) SF,e iCi-Cc ckie<) ATTESTATION I, th dersigned oWner or agent`"b of the property identified above, affirm that the statements contained herein a . o any attachments hereto are true and complete. (Tzoi.273•ZZA0 -119) l3 Telephone Number Date nature Email 't ClNdt4 it0\SV v. (,use 2356 Attach letter of authorization signed by property owner. Address 15-DPT-AR PR 207-08/13 R6778813 18213 NOTICE OF DETERMINATION R6778815 2013 Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM TAX AREA LEGAL DESCRIPTION! PHYSICAL LOCATION 3271 w a. UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 UNIT B9 BLDG B GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV B9 DACONO, CO 000000000 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION COMMERCIAL ACTUAL VALUE PRIOR TO REVIEW TOTAL': ACTUAL VALUE AFTER REVIEW 65,000 $65,000 65,000 $65,000 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: 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. RECEIVED JUL 1202 WELD COUNTY COMMISSIONERS. 15-DPT-AR PR 207-08/13 R6778815 18212 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 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.) $1.2,I'M •— What is the basis for your estimate of value or your reason for requesting a review? (Please attach additional sheets as necessary and any supporting documentation, i.e., comparable sales, rent roll, original installed cost, appraisal, etc.) ATTESTATION I, a ndersigned owner or agent"' of the property identified above, affirm that the statements contained h°LL�l1t: � attachments hereto are true and complete. elvo)•Tt>•?AA e -7)9)13 7$signature Telephone Number Date t NYC° Q A(CMe3r4 \-(t .C91J\ Email 2357 Attach letter of authorization signed by property owner. Address 15-DPT-AR PR 207-08/13 R6778815 18212 NOTICE OF DETERMINATION Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 ACCOUNT NO. Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM TAX YEAR TAX AREA LEGAL DESCRIPTION/ PHYSICAL LOCATION R6778816 2013 3271 UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 UNIT B10 BLDG B GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV B10 DACONO, CO 000000000 PROPERTY CLASSIFICATION ASSESSORS VALUATION ACTUAL VALUE PRIOR TO REVIEW COMMERCIAL ACTUAL VALUE AFTER REVIEW 71,500 TOTAL $71,500 71,500 $71,500 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. RECEIVED 1 4 rS WELD COUNTY COMM!SSICNERc 15-DPT-AR PR 207-08/13 R6778816 18211 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 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.) $p39B•— 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.) 90` AT-Cp. ONGD ATT STATION I, t - u dersi.ned owner or agentL3S8 of the property identified above, affirm that the statements contained heattachments hereto are true and complete. (�zt� zts,zuo -t1 13 nature Telephone Number Date Sj I -Po a CIAVIa&-scu1.icc - Corlo Email 2358 Attach letter of authorization signed by property owner. Address 15-DPT-AR PR 207-08/13 R6778816 18211 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 R6778817 2013 3271 UNIT B11 BLDG B GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV B11 DACONO, CO 000000000 PROPERTY OWNER UNITZ LLC 1571 CARLSON AVENUE - ERIE, CO 80516 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW COMMERCIAL 65,000 65,000 TOTAL $65,000 $65,000 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: 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. Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM Please refer to the reverse side of this notice for additional information. RECEIVED. JUL 1 1 2013 WELD COUNTY COMMISSIONERS 15-DPT-AR PR 207-08/13 R6778817 18210 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.) $ 72_ , ttO-- 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.) so-\.sc 4,0 ATTESTATION I, th u dersigned owner or agent"' of the property identified above, affirm that the statements contained her _puy =^ - tta.+g ents hereto are true and complete. (-1�) 7---i3.7_zla -1)913 Sig ature Telephone Number Date l JFo LIAftAL,c..\31JfrCt .Cau\ Email 2359 Attach letter of authorization signed by property owner. Address 15-DPT-AR PR 207-08/13 R6778817 18210 NOTICE OF DETERMINATION Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM LEGAL DESCRIPTION/ PHYSICAL LOCATION UNIT D2 BLDG D GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV D2 DACONO, CO 000000000 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO ACTUAL' VALUE: AFTER REVIEW REVIEW COMMERCIAL 73,125 TOTAL $73,125 73,125 $73,125 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. ECEIVED JUL I Ni3 WELD COUNTY Ce COiMMISSFONERS 15-DPT-AR PR 207-08/13 R6778821 18208 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.qov/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.) $ tdt1 tjSZ.SD 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.) S c6 rrec A CAR��s9 I ATTESTATION I, t undersigned owner or agent"°° of the property identified above, affirm that the statements contained her in an tachments hereto are true and complete. (tz) Jgnature Telephone Number ti•VF Fll�i(a��3 N i Z. (AAA Email 2360 Attach letter of authorization signed by property owner. t3 Date Address 15-DPT-AR PR 207-08/13 R6778821 18208 NOTICE OF DETERMINATION Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 R6778827 2013 Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM TAX AREA LEGAL DESCRIPTION/ PHYSICAL LOCATION x:. O 0- UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 3271 UNIT D8 BLDG D GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV D8 DACONO, CO 000000000 COMMERCIAL PROPERTY .CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER REVIEW REVIEW TOTAL 73,125 73,125 $73,125 $73,125 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. RECEIVED juL s WELD COUNTY COMMISSIONERS 15-DPT-AR PR 207-08/13 R6778827 18205 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.qov/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.) 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.) S 9;✓ Pcr-c.c\--\c7O I ATTESTATION I, th- undersigned owner or agent"°' of the property identified above, affirm that the statements contained her atta ments hereto are true and complete. (1 z - vl 3 . z --c-1 -1/ 9)13 - Sig ature Telephone Number Date liJ�n f7. A2-Macv,,jctt.. CAM Email 2361 Attach letter of authorization signed by property owner. Address 15-DPT-AR PR 207-08/13 R6778827 18205 NOTICE OF DETERMINATION R6778828 2013 Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM TAX AREA LEGAL DESCRIPTION/ PHYSICAL LOCATION 3271 cc O c av a O UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 UNIT D9 BLDG D GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV D9 DACONO, CO 000000000 COMMERCIAL 'PROPERTY CLASSIFICATION ASSESSOR'S VALUATION: ACTUAL VALUE PRIOR TO REVIEW 48,750 ACTUAL VALUE AFTER, REVIEW 48,750 .' TOTAL $48,750 $48,750 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. RECEIVED JUL M3 WELD COUNTY COMMISSIONERS 15-DPT-AR PR 207-08/13 R6778828 18204 APPEALPROCEDURES 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.) $ b'5S• 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.) ATT TATION I, th undersigned owner or agent23b2 of the property identified above, affirm that the statements contained her ttachments hereto are true and complete. itt� 213 •72—eq Tele hone Number Sicrnature l F- < c Q .i \, U!J-c—z . Co M Email 2362 Attach letter of authorization signed by property owner. \9I)3 Date Address 15-DPT-AR PR 207-08/13 R6778828 18204 NOTICE OF DETERMINATION Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 RTY OWNER UNITZ LLC 1571 CARLSON AVENUE ERIE. CO 80516 Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM LEGAL DESCRIPTION/ PHYSICAL LOCATION UNIT D10 BLDG D GARAGE UNITZ AT DACONO CONDO 151 MT ELBERTAV D10 DACONO, CO 000000000 PROPERTY CLASSIFICATION COMMERCIAL ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW 47,450 47,450 TOTAL $47,450 $47,450 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. RECEIVED JUL i 2C6ra WELD COUNTY CONMSSIONERS 15-D PT -AR PR 207-08/13 R6778829 18203 2363 Attach letter of authorization signed by property owner. 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.qov/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.) $ I(o(I$L4t- 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.) SE./6 a CA(*\e ATT STATION I, t e undersigned owner or agentLSbi of the property identified above, affirm that the statements contained he ei anrtach ents hereto are true and complete. Lit -Z -13.72-k --t 9 1 13 Date ( / Telephone Number Address 15-DPT-AR PR 207-08/13 R6778829 18203 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 R6778830 2013 3271 UNIT D11 BLDG D GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV D11 DACONO, CO 000000000 PROPERTY OWNER:. UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW COMMERCIAL 73,125 73,125 TOTAL $73,125 $73,125 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. Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM Please refer to the reverse side of this notice for additional information. RECEIVED JUL 1,{2, WELD COUNTY COMMISSIONERS 15-DPT-AR PR 207-08/13 R6778830 18202 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.) • $ Z41 °D5-Z.S ) 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.) Scc 4rrciaueaP ATTESTATION', ndersigned owner or agent "°` of the property identified above, affirm that the statements contained attachments hereto are true and complete. l-tw\-z ,.z.2, S nature Telephone Number rl @ F&NZAuC O r r a z. coN\ Email 2364 Attach letter of authorization signed by property owner. j9 Date IS Address 15-DPT-AR PR 207-08/13 R6778830 18202 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 R6778831 2013 3271 UNIT D12 BLDG D GARAGE UNITZ AT DACONO CONDO 151 MT ELBERT AV D12 DACONO, CO 000000000 PROPERTY OWNER UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO ` REVIEW ACTUAL VALUE AFTER REVIEW COMMERCIAL 73,125 73,125 TOTAL $73,125 $73,125 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 notic Itional information. IVED Date of Notice: 6/27/2013 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM JUL 1 2O WELD COUNTY COMMISSIONERS 15-DPT-AR PR 207-08/13 R6778831 18201 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.qov/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.) $ z-4, 9r -7 - 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.) S4-rr rt cxc���0 ATT I, the un hereWan TATION ig ture ersigned owner or agentab of the property identified above, affirm that the statements contained ttachments hereto are true and complete. �?l Lt1.1 z13 zztn —2°)1 )3 Telephone Number Date 1�� & 6g 0/J\'C'2, . C�o N\ Email 2365 Attach letter of authorization signed by property owner. Address 15-DPT-AR PR 207-08/13 R6778831 18201 Unit; LLC 1571 Carlson Avenue Erie, CO 80516 July 9, 2013 Weld County Board of Equalization 1150 O Street, P.O. Box 758 Greeley, CO 80631 RE: Appeal of Assessed Value/Classification Dear Board: We are writing this letter to appeal the 2013 Notice of Determination for Unitz, LLC, located at 151 Mt. Elbert Avenue, Dacono, CO 80514. We would like to appeal the Assessor's decision of both the classification and the value. First, this garage storage (Maxi -Storage) product is fairly new and is of such a type that it fits under the "Residential Improvements" section more than as Commercial Property. These types of facilities are becoming more popular due to increased demand from those wishing to store their collector cars, RV's, boats and other personal property in a secure off -site location because their home situations will not accommodate the size or security needed for certain types of property. This product is especially driven by residential homeowners' associations due to the stringent codes and regulations. In most cases, RVs, boats, trailers, ATV's, snowmobiles, small campers, etc. cannot be stored in plain sight or on an adjacent street to any residence due to HOA declarations. At the very least, some homeowners may be able to store at their residence but only for a limited amount of time (i.e. 48 hours, 3 days, etc.). If one had enough land to construct a pole barn at their place of residence, the pole barn would be classified as part of their residential usage. This product is driven by residential storage constraints, which explains why we feel this product should fall under the residential classification. CRS Section 39-1-102 defines "Residential Improvements" as also including "buildings, structures, fixtures, fences, amenities, and water rights that are an integral part of the residential use". We feel that this product fits in under this term; however, the county assessors argue that this term only includes buildings that would be on a contiguous parcel of land to a residence. In reality, this product is an extension of one's residence, just not on a contiguous parcel of land to their residence. Second, the assessed value of each individual garage was based on a per square foot basis of sales data collected from similar properties sold during the assessment period. During the time frame from July 1, 2010 to June 30, 2012, there were seven (7) sales at Garage Unitz. As of June 30, 2012, there were a total of seven (7) units sold, nineteen (19) units rented and four (4) vacant units. Based on the fact that we are predominantly a rental facility, we would argue that the income approach to valuation should be used to determine an appropriate valuation at this location. We have attached a calculation of the value per square foot based on the income approach using the rental activity data as of June 30, 2012. Under the income approach on the attached spreadsheet, the value per square foot would be $22.18. Based on the commercial classification of this product and the commercial tax rate of 29%, the tax assessed at the current valuation of $65,000 would be $2,679 for a 1,000 square foot garage that is used to store personal household goods and vehicles. This equates to a per square foot real estate tax of $2.68 per foot. Based on the Garage Unitz rental information attached, the average rental income received per square foot is $3.70 per foot for units rented for residential storage purposes. It is inequitable and not in good conscience to assess taxes of $2.68 per square foot on a product that it producing $3.70 per square foot in gross rental income. There is a fairness issue at work here. If a consumer owns or rents a garage and stores personal property there, regardless if it is contiguous or not, it is a residential improvement that should be assessed at the residential tax rate. Unfortunately, we will be out of town from July 19"' through August 6"' of 2013. We would like this letter to be made part of the record of the hearing. We appreciate your consideration with respect to these matters. Please feel free to contact us at (720) 273-2210 or (303) 908-0561 if you have any further questions. Aric T. Hilmas Managing Members Unitz, LLC Unitz, LLC Property Tax Appeal July 9, 2013 Unit B1- Account# R6778807 Unit B2 - Account# R6778808 Unit B3 - Account# R6778809 Unit B6 - Account# R6778812 Unit B7 - Account# R6778813 Unit B9 - Account# R6778815 Unit 810 - Account# R6778816 Unit 811- Account# R6778817 Unit D2 Account# R6778821 Unit D4 Account# R6778823 Unit D8 Account# R6778827 Unit D9 Account# R6778828 Unit 010 Account# R6778829 Unit D11 Account# R6778830 Unit 012 Account# R6778831 Unit D14 Account# R6778833 Unit 015 Account# R6778834 Unit D16 Account# R6778835 Unit 017 Account# R6778836 Unit D18 Account# R6778837 Income Approach: As of June 30, 2012, Unitz, LLC had 7 units sold, 19 units rented and 4 vacant units. As such, there was a 13.33% vacancy rate as of 06/30/12 . The following information is taken from the actual lease data from July 1, 2010 to June 30, 2012. Monthly Rental Income (Gross) 6,011 times: Months in Year 12 Annual Rental Income (Gross) 72,132 divided by: Square Footage of Rented Units 19,485 Rental Price per Square Foot 3.70 Less: Vacancy (13.33%) Less: Management Fees (5%) Less: Reserves (3%) Adjusted Rental Price per Square Foot divided by: Adjusted Capitalization Rate Value per Square Foot based on Income Approach Capitalization Rate Calculation: (0.49) (0.19) (0.11) 2.91 0.13121654 (A) $22.18 Commercial Tax Rate 0.29 x Mill Levy 0.142126 0.04121654 + Capitalization Rate 0.09000000 Adjusted Capitalization Rate 0.13121654 (A) Unit; LLC Rent Roll Tax Period - 07/01/10 to 06/30/12 Unitz Rental Rent Unit Rented Unit Income Status Sq. Footage Sq. Footage B-1 9,000.00 980 980 B-2 7,225.73 1,100 1,100 B-3 1,600.00 1,000 1,000 B-4 Sold 1,100 B-5 Sold 1,000 B-6 1,790.00 1,000 1,000 B-7 14,400.00 1,100 1,100 B-8 Sold 1,000 B-9 10,550.00 1,000 1,000 B-10 11,400.00 1,100 1,100 B-11 8,900.00 1,000 1,000 B-12 9,637.33 1,100 1,100 D-1 D-2 D-3 D-4 D-5 D-6 D-7 D-8 D-9 D-10 D-11 D-12 D-13 D-14 D-15 D-16 D-17 D-18 330.00 315.00 16,950.00 6,950.00 8,050.00 5,165.00 3,075.00 18,000.00 4,000.00 6,933.24 2 -Year Rent 144,271.30 / 24 Avg. Monthly 6,011.30 Vacant Vacant Sold Sold Sold Vacant Sold Vacant 750 1,125 1,125 1,125 1,125 1,125 1,125 1,125 1,125 1,125 1,125 750 750 730 730 1,125 1,125 1,125 1,125 1,125 1,125 1,125 1,125 1,125 1,125 1,125 750 750 31,210 19,485 July 22, 2013 UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 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.: See Attached Dear Petitioner(s): The Weld County Board of Equalization has set a date of July 30, 2013, at or about the hour of 9:45 AM, to hold a hearing on your valuation for assessment. This hearing will be held at the Weld County Administration Building, Assembly Room, 1150 0 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 UNITZ LLC - Multiple Accounts 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 CO• �/-PIZoi44 Esther E. Gesick Deputy Clerk to the Board cc: Christopher Woodruff, Assessor AS0085 UNITZ LLC - Multiple Accounts Page 3 Accounts scheduled for this hearing: R6778833 R6778834 R6778835 R6778836 R6778837 AS0085 UNITZ LLC - Multiple Accounts Page 3 Accounts scheduled for this hearing: R6778812 R6778813 R6778815 R6778816 R6778817 AS0085 UNITZ LLC - Multiple Accounts Page 3 Accounts scheduled for this hearing: R6778827 R6778828 R6778829 R6778830 R6778831 AS0085 UNITZ LLC - Multiple Accounts Page 3 Accounts scheduled for this hearing: R6778807 R6778808 R6778809 AS0085 July 22, 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 UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 Account No.: R6778821 Dear Petitioner(s): The Weld County Board of Equalization has set a date of July 30, 2013, at or about the hour of 9:45 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 UNITZ LLC - R6778821 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 AS0085 BOE SUMMARY SHEET Account Number: See Reverse UNITZ LLC 1571 CARLSON AVENUE ERIE, CO 80516 HEARING DATE: July 30, 2013, AT 9:45 AM HEARING ATTENDED? (Y/ NAME: AGENT NAME: APPRAISER NAME: DECISION ACTUAL VALUATION APPROVE BY ASSESSOR SET BY BOARD TOTAL ACTUAL VALUE $1,268,150.00 COMMENTS: jar MOTION BY I✓lii TO SECONDED BY DE Failed to prove appropriate value No comparables given Assessor's value upheld Other: Conway -- Freeman -- Kirkmeyer -- Rademacher - Garcia - RESOLUTION NO-9- M:\CBOE\Letter Templates\Summary Sheet.docx List of Accounts: R6778807 R6778808 R6778809 R6778812 R6778813 R6778815 R6778816 R6778817 R6778821 R6778827 R6778828 R6778829 R6778830 R6778831 R6778833 R6778834 R6778835 R6778836 R6778837 M:\CBOE\Letter Templates\Summary Sheet.docx Hello