HomeMy WebLinkAbout20132108August 13, 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
LN REAL ESTATE LLC
C/O THOMSON REUTERS
PO BOX 460069
HOUSTON, TX 77056
RE: THE BOARD OF EQUALIZATION 2013, WELD COUNTY COLORADO
APPROVAL OF STIPULATION BETWEEN PETITIONER AND ASSESSOR
ACCOUNT NO.: R8372200
Dear Petitioner:
On August 02, 2013, the Board of County Commissioners of Weld County Colorado
convened and acting as the Board of Equalization, pursuant to C.R.S. Section 39-8-101 et seq.,
considered your request to approve and adopt a valuation of your property arrived at by a
Stipulation between you and the Weld County Assessor, for the year 2013.
The Board of Equalization found that the evidence presented at the hearing supported the
stipulated value placed upon the above -described property as set forth below. Such evidence
indicated the value was reasonable, equitable, and derived according to the methodologies,
percentages, figures and formulas dictated by law.
ACTUAL VALUE AS STIPULATED VALUE
DETERMINED BY ASSESSOR APPROVED BY BOARD
$3,870,500.00 $3,373,998.00
The above 'Stipulated Value' is the value which will be used in the calculation of your property
taxes for 2013. This value is not appealable.
If you have questions concerning the above information, please call me at (970) 336-7215,
Ext. 4226.
Very truly yours, ll
Esther E. Gesick, Deputy Clerk
Weld County Board of County Commissioners
Cc: Christopher Woodruff, Weld County Assessor
RYAN
5251 DTC PARKWAY ONE DTC SUITE 1045
GREENWOOD VILLAGE, CO 80111
2013-2108
AS0085
COUNTY BOARD OF EQUALIZATION
WELD COUNTY
Single County Schedule Number R8372200
STIPULATION (As To Tax Year 2013___ Actual Value)
RE PETITION OF
NAME: LN REAL ESTATE LLC
ADDRESS: 4058 Camelot Cir
Weld County
AUGO 2013
offa,ocouone 688Ok
Petitioner (s) and the Weld County Assessor hereby enter into this Stipulation
regarding the tax year 2013 valuation of the subject property, and jointly move the Board
of Equalization to enter its order based on this Stipulation.
Petitioner (s) and Assessor agree and stipulate as follows:
1. The property subject to this Stipulation is described as:
L11-12-13 BLKI RADEMACHER BUSINESS PARK PUD AMD PLAT
2. The subject property is classified as Commercial property.
3. The County Assessor originally assigned the following actual value to the
subject property for the tax year 2013:
Total $3,870,500.00
4. After further review and negotiation, Petitioner (s) and Weld County Assessor
agree to the following tax year 2013 actual value for the subject property:
Total $3,373,998.00
5. The valuation, as established above, shall be binding only with respect to tax
year 2013.
6. Brief narrative as to why the reduction was made:
Further review of the Income Approach indicated an adjustment.
7, Both parties agree that:
The hearing scheduled before the Board of Equalization on 8/2/2013 at
ll
2:15 PM
be vacated.
DA hearing has not yet been scheduled before the Board of Equalization.
R8372200
1
v?o/3- ?/o7
ATED this
titioner
ay of August, 2013.
-ee/-2ZA
or Attorney y(Assistant)County Attorney for
Respondent, Weld County Board of
Commissioners
Address:
57-5 1 DT -C- 'kw y
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Telephone:
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Docket Number n/a
Stip-1.Frm
Address:
1150 "0" Street
P.O. Box 758
Greeley, CO 80632
Telephone:(970) 336-7235
County Assesso
Address:
1400 N.17th Avenue
Greeley, CO 80631
Telephone: (970) 353-3845 ext. 3697
R8372200
2
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NOTICE OF DETERMINATION J
Christopher M. Woodruff
Weld County Assessor
1400 N 17th Ave
Greeley. CO 80631
ACCOUNT NO.
TAX YEAR
TAX AREA
LEGAL DESCRIPTION/ PHYSICAL LOCATION
R8372200
2013
2309
RAD L11-12-13 BLK1 RADEMACHER BUSINESS
PARK PUD AMD PLAT 4058 CAMELOT CIR WELD,
CO
PROPERTY OWNER
LN REAL ESTATE LLC
C/O THOMSON REUTERS
PO BOX 460069
HOUSTON, TX 77056
PROPERTY CLASSIFICATION
ASSESSOR'S VALUATION
ACTUAL VALUE PRIOR TO
REVIEW
ACTUAL VALUE AFTER
REVIEW
COMMERCIAL
INDUSTRIAL
2,664,124
1,206,376
2,664,124
1,206,376
TOTAL
$3,870,500
$3,870,500
th
The Assessor has carefully studied all available information, giving particular attention to e
specifics included on your protest. The Assessor's determination of value after review is based on
the following:
CM05 - The law requires that all of 2011 and the first 6 months of 2012 data be used to establish
current values. We have considered all (3) three approaches to value in arriving at your current
valuation. We have denied your appeal based upon this data.
If you disagree with the Assessor's decision, you have the right to appeal to the County
Board of Equalization for further consideration, § 39-8-106(1)(a), C.R.S.
The deadline for filing real property appeals is July 15.
The Assessor establishes property values. The local taxing authorities (county, school district, city,
fire protection, and other special districts) set mill levies. The mill levy requested by each taxing
authority is based on a projected budget and the property tax revenue required to adequately fund
the services it provides to its taxpayers. The local taxing authorities hold budget hearings in the fall.
If you are concerned about mill levies, we recommend that you attend these budget hearings.
Please refer to last year's tax bill or ask your Assessor for a listing of the local taxing authorities.
Please refer to the reverse side of this notice for additional information.
Date of Notice: 6/27/2013
Telephone: (970) 353-3845
Fax: (970) 304-6433
Office Hours: 8:00 AM - 5:00 PM
RYAN
5251 DTC PARKWAY ONE DTC SUITE 1045
GREENWOOD VILLAGE, CO 80111
RECEIVED
JUL 17213
WELD COUNTY
COMMISSIONERS
15-DPT-AR
PR 207-08/13
R8372200 17544
f
ProBuild- FULL SERVICE
Longmont -4058 Camelot Cir
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.)
$ 3 416 796
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.)
The property is valued in excess of fair market value based on the three approaches to value; cost,
market and income. In addition, the property is valued in excess of other similarly situated properties.
I ATTEWTION
I, th
her,
deesigne
ignatur ,r Larkin
jerad.larkin@ryan.com
or agentru of the property identified above, affirm that the statements contained
s hereto are true and complete.
(720)524-0022 July 15, 2013
Telephone Number Date
Email
217
Attach letter of authorization signed by property owner.
Address
15-DPT-AR
PR 207-08/13
R8372200 17544
r
11.
rAZI
PRaBulld
LETTER OF AUTHORIZATION
FOR PROPERTY TAX REPRESENTATION
LN Real Estate LLC
Property Owner
R0208287 & R8372200 4058 Camelot Cr
Subject Property
Weld County CO
Jurisdiction and State
Year
2013/2014
This letter authorizes Ryan, LLC and its affiliate, Ryan Tax Compliance Services, LLC to represent the
above -named property as its property tax agent in the jurisdiction and state named above. This
authorization includes, but is not limited to: filing property renditions or returns; signing and filing appeals;
examining property tax records; and, appearances before the assessor, boards of equalization or review,
or other governmental agencies responsible for the assessment of property.
If there are any questions concerning this authorization please contact the following:
Jared Larkin at (303)292-8207 orjerad.larkin(rvan.com
A copy of any application or appeal attached to this authorization has been provided to the undersigned
property owner. A facsimile or scanned image of a signature below shall constitute an original signing of
this authorization and the document containing the original signature will be submitted upon request.
This authorization shall remain effective as long as permitted by law or until revoked In writing by the
owner. The person signing below certifies that they are a duly appointed officer, representative or agent
of the owner and that they have the legal capacity to execute this authorization.
ProoarttrLOwner:
6
Sre
VPo-F7--;1n
Title
Sworn and subscribed before me this /2- day of/�rll _
Join, Mein)
,
Printed Nail e
ProSuild
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KENNETH DALE
Notary Public
State of Colorado
ci4a-l/3
Date
, 2013.
Notary Public
My commission expires:
1
My Commission Expires January 04, 2016
/- y -2o/4
7595 Technology Way, F!fth floor 0 Denver, CO 80237 0 303-262-8500
Thotive So/utions
to Taxing Problems.
no)®
July 15, 2013
CERTIFIED RETURN RECEIPT
7011 1150 0001 8720 8486
Weld County
Board of Equalization
1150 O Street, PO Box 758
Greeley, CO 80631
Re: 2013 Property Protests
5251 DTC Parkway
One DTC
Suite 1045
Greenwood Village, CO 80111
Tel. 720.524.0022
Fax 720.524.0651
www.ryan.com
End coal are the 2013 Objection to Rea Property Assessments for thefollowing taxpayers and
parcels numbers:
Taxpayer
LN Real Estete LLC
LN Real Estate LLC
New Windsor Station LLC
New Winder Station LLC
New Windsor Station LLC
New Windsor Station LLC
NEW WINDSOR STATION LLC
NEW WINDSOR STATION LLC
REALTY INCOME CORPORATION
Western Equipment Truck Inc
Inland PM Hudson Assrriates, LLC
Parcel
R0208287
R8372200
R2429803
R2429903
R2430003
R2430303
R2431003
R2431103
120723202014
096124201001
R6775763
If you have questions, or need additional information, please contact M r. Ian James at (720) 524-
0022.
Sincerely,
kid
Michelle Turner
Senior Analyst
00
5251 DTC Parkway
Greenwood Village, Colorado 80111
7011 1150 0001 8720 8486
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
LN REAL ESTATE LLC
CIO THOMSON REUTERS
PO BOX 460069
HOUSTON, TX 77056
Account No.: R8372200
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of August 02, 2013, at or about the hour of
2:15 PM, 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
LN REAL ESTATE LLC - R8372200
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
RYAN
5251 DTC PARKWAY ONE DTC SUITE 1045
GREENWOOD VILLAGE, CO 80111
AS0085
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