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Home My WebLink About20131217.tiffRESOLUTION RE: ACTION OF THE BOARD CONCERNING PETITION FOR ABATEMENT OR REFUND OF TAXES - HOAD, INC. WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board of County Commissioners of Weld County, State of Colorado, at a duly and lawfully called regular meeting held on the 20th day of May, 2013, at which meeting there were present the following members: Chair William F. Garcia, and Commissioners Mike Freeman, and Douglas Rademacher, with Commissioners Sean P. Conway and Barbara Kirkmeyer being excused, and WHEREAS, notice of such meeting and an opportunity to be present has been given to the taxpayer and the Assessor of said County, with said Assessor, Christopher Woodruff, being present and taxpayer, Hoad Inc., not being present, or represented by Steven & Associates Inc., WHEREAS, the Board of County Commissioners has carefully considered the attached petition, and is fully advised in relation thereto. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Board concurs with the recommendation of the Assessor and the petition be and hereby is, denied, and an abatement or refund be allowed as follows: CORRECTION TO ASSESSED VALUATION ABATEMENT OR REFUND TAX YEAR $0.00 $0.00 2010 T colic 2013-1217 AS0084 TAX ABATEMENT PETITION - HOAD INC PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 20th day of May, A.D., 2013. BOARD OF COUNTY COMMISSIONERS WELD CITY, COLORADO ATTES Weld County Clerk to the Bo illiam F. Garcia, Chair DouglaJRademachter, Pro-Tem ceaince&Ar Sean P. Conway Mike Freeman y Attorne ! EXCUSED Barbara Kirkmeyer Date of signature: 34? 2013-1217 AS0084 PETITION FOR ABATEMENT OR REFUND OF TAXES Weld County: Section 1: Petitioner, please complete Section 1 only. Date: December 7th 2012 Month Petitioner's Name: Day Year I3oad Inc Petitioner's Mailing Address: 71 Alleeience Circle Evanston WY 82930 City or Town State Zip Code Date Received (Use Assessor's or Commissioners' Date Stamp) SCHEDULE OR PARCEL NUMBER(S) PROPERTY ADDESS OR LEGAL DESCRIPTION OF PROPERTY P7053798/17072'203007 4057 Camelot R7053898/120723203008 No Address Petitioner states that the taxes assessed against the above property for property tax year(s) 2010 and are incorrect for the following reasons: (Briefly describe the circumstances surrounding the incorrect value or tax. Attach additional sheets if necessary.) Petitioner's estimate of value: $ $1,300,000 ( 2010 ) $ ( ) Value Year Petitioner requests an abatement or refund of the appropriate taxes. I declare, under penalty of perjury in the second degree, that this petition, together with any accompanying exhibits or statements, has been prepared or examined by me, and to the best of my knowledge, information and belief, is true, correct, and complete. Daytime Phone Number ( Daytime Phone Number(Zpz ) 147-1878 'Letter or agency mint be at eked when petition is submitted by an agent. lithe board of county co issioners, pursuant to section 39-10-114(1), or the property tax administrator, pursuant to section 39-2-116, denies the petition for refund or .batement of taxes in whole or in pan, the petitioner may appeal to the board of assessment appeals pursuant o the provisions of section 39-2-125 within thirty days of the entry of any such decision, 39-10-114 5(1),C R S. ec ion Tar year 2010 ssessor s • ecommen t a OR (For Assessor's Use Only) Tax year Actual Assessed In Actual Original / fl' �3/o oau f IY6•Gz Original Corrected 1, I1 t Pi? $7$$O 60 In- 4. 2 Corrected Abate/Refund ❑ Assessor recommends approval as outlined above. No protest was filed for the year(S): (If a protest was nl ��A/ssessor recommends denial for the following reason(s): 141N< gS S4ffa'YPD 4 14 /Kirke( Abate/Refund Assessed Tis e attach a copy of the NOD I LAssessor's Signal I 2013-1217 REC J WED 0 2012 WELD COUNTY ASSESSOR GREELEY. rot ORAOf lit 0© Stevens & Associates Rre Specialists in: Property Tax Reductions December 7th, 2012 Wade Melies Weld County Assessor's Office PO Box 758 Greeley, CO 80632 Dear Wade: Please find enclosed the following Abatement Petitions for filing to the Weld County Board of Equalization: Hoad Inc 4057 Camelot 120723203007 R7053798 Hoad Inc No Address 120723203008 R7053898 Sincerely, Todd J. Stevens President Enclosure DEC 10 2012 Stevens & Associates Cost Reduction Specialists. Inc. 9635 Maroon Circle, Suite 450, Englewood, Colorado 8011 �;�a"' EStt �IVELD COL fl r.:SES5 (303) 34TH 878 • fax (303) 347-9242 GREELEY. CUL f+�ff7 a Property Tax Consultant -Agency Agreement Owner Address: 71 Allegiance Circle, Evanston, WY 82930 Property Address/Legal Description/Schedule #: See Attached exhibit A Consultant/Agent: Stevens & Associates Cost Reduction Specialists, Inc. INVe Hoad Inc, agree with Stevens & Associates Cost Reduction Specialists, Inc. that for the property tax assessment years 2012, 2013 and prior years, In Colorado as the property referred to above, that Stevens & Associates Cost Reduction Specialists, Inc. is hereby engaged and authorized to act as agent and consultant before either the Board of review as well as the State Tax Review Board or for any hearing pertinent to the property for the property taz assessment years 2012, 2013 and prior years. Please direct all correspondence and refunds to Stevens & Associates Cost Reduction Specialists, Inc. The undersigned further authorizes Stevens & Associates Cost Reduction Specialists, Inc. as agent of the undersigned, in the name of the undersigned, to execute and cause to be filed on behalf of the undersigned, in the name of the undersigned, any and all documents relating to an appeal of the said assessments, for the assessment years in question and prior years, before either the Board of review as well as the State Tax Review Board or any hearings pertinent to the property. Thus done and executed on this 3 / day of May 2012. Agreed By: Hoad Inc By: Title: Controller Please Direct all correspondence/refunds to: Stevens & Associates / Inc. 9800 Mt Pyramid Ct, Suite 220 Englewood, Colorado 80112 STATE OF Iraspettnot The foregoing instrument was acknowledged before me} This 1 day of Mrs 202 By: Amber Savage Witness my hand and official seal. my commission expires: Pt1A4ll5f 12, 2016 Notary Signature Notary Public Exhibit A Hoad Inc 4057 Camelot Weld County parcel # 120723203007/R7053798 Hoad Inc No Address Weld County parcel # 120723203008/R7053898 )? LIMITED SUMMARY CONSULTING ASSIGNMENT OF Hoad Inc Industrial / Parking 4057 Camelot Longmont, Colorado WELD PREPARED BY Stevens & Associates/Inc. DATE OF VALUE JANUARY 1, 2010 BASE PERIOD ENDING JUNE 30, 2008 DATE OF REPORT November 19, 2012 ., SUMMARY OF IMPORTANT FACTS AND CONCLUSIONS Property Location: Parcel #: Sch/Acc No. Land Size: Improvement Size: YOC Highest And Best Use: Cost Approach Sales Comparison Approach Income Approach Reconciliation Date of Value: 4057 Camelot Fort Collins, Colorado 120723203007/120723203008 R7053798 / R7053898 266,544 Square Feet or 6.12 acres 31,355 Gross Square Feet 2007 For ad valorem tax purposes in Colorado the highest and best use of the subject is its current use. N/A N/A $1,304,239 $1,300,000 January 1, 2010 INCOME PROFORMA GROSS SQUARE FEET 4,985 NET RENTABLE AREA 4,985 ANNUAL NET REVENUE ANCHOR CAM VACANCY ALLOWANCE(OF ANNUAL GROSS ANNUAL EFFECTIVE GROSS REVENUE MANAGEMENT FEE(OF EFFECTIVE GROSS) TOTAL CAM LESS PROPERTY TAX & MGMT OPERATING, MAINTENANCE & RESERVES ANNUAL NET INCOME TOTAL CAPITALIZATION RATE CAPITALIZED VALUE OF PROPERTY $8.50 $4.00 5% 5% 5% $42,373 $19,940 $62,313 $3,116 $59,197 $2,960 $56,237 $3,980 $2,812 $55,069 11.13% $494,664 INCOME APPROACH LEASE COMPS LEASE NUMBER LEASE #1 LEASE #2 LEASE #3 PROPERTY TYPE MED OFFICE MED OFFICE MED OFFICE ADDRESS 1260 1040 2290 Doctors Ln E Elizabeth E Prospect Rd LEASE DATE Oct -08 May -07 Nov -06 BASE REN $8.50 $14.00 $14.00 BASIS NNN mg mg LEASE SF 2,500 1,466 4,300 RENTABLE SF 5,000 6,160 20,277 CLERK TO THE BOARD PHONE: (970) 336-7215, EXT. 5226 FAX: (970) 352-0242 1150 O STREET P.O. BOX 758 GREELEY, COLORADO 80632 WELCeO NTY u May 3, 2013 Hoad Inc 71 Allegience Circle Evanston, WY 82930 RE: SCHEDULE NUMBER R7053798 and R7053898 Dear Property Owner: This is to advise you that the Weld County Board of Commissioners will hear your petition for abatement or refund of taxes on the property described as: RAD L7 BLK2 RADEMACHER BUSINESS PARK PUD AMD PLAT and RAD L8 BLK2 RADEMACHER BUSINESS PARK PUD AND PLAT. The meeting is scheduled for May 20, 2013, at 9:00 a.m., in the Chambers of the Board of County Commissioners of Weld County, Colorado, Weld County Administration Building, 1150 O Street, Assembly Room, Greeley, Colorado 80631. The Assessor is recommending that the Board deny your petition. You are not required to be present at this hearing; however, this is your opportunity to have your position heard, especially if your position is opposed to the Assessor's recommendation. If you intend to submit any documentation in support of your position for this hearing, all such documentation must be submitted to the Office of the Clerk to the Board and to the Weld County Assessor's Office at least seven calendar days prior to the meeting date in order for it to be considered at the scheduled hearing. If you have any questions concerning this matter, please do not hesitate to contact me at (970) 336-7215, Extension 5226. Sincerely, Tammy Wafers Deputy Clerk to the Board cc: Assessor Steven & Associates Inc. June 6. 2013 CLERK TO THE BOARD PHONE: (970) 336-7215, Ext. 5226 FAX: (970) 352-0242 1150 O STREET P.O. BOX 758 GREELEY, COLORADO 80632 Hoad Inc 71 Allegience Circle Evanston, WY 82930 RE: SCHEDULE NUMBER R7053798 and R7053898 Dear Property Owner: On May 20, 2013, the Board of Weld County Commissioners considered your petition for abatement or refund of taxes and denied same. Pursuant to Section 39-2-125(f), C.R.S., you have the right to appeal this decision to the State Board of Assessment Appeals within thirty days. You may obtain the appropriate forms and instructions from: Board of Assessment Appeals, Department of Local Affairs, 1313 Sherman Street, Room 315 Denver, CO 80203 Phone: 303-866-5880 In preparation for appealing to the State Board of Assessment Appeals you may also go to the following state link to obtain any further information you may need to proceed, http://www_dola.state_co_us/baa/index.htm Very truly yours, Tammy Waters Deputy Clerk to the Board cc: Assessor Steven & Associates Inc. rruu co co ru ru u'1 m O O 0 ru co rR IIt O O N U.S. Postal ServiceTr, CERTIFIED MAIL RECEIPT (Domestic Mail Only; No Insurance Coverage Provided) Postage Certified Fee Return Receipt Fee (Endorsement Required) Restricted Delivery Fee (Endorsement Required) Total Postage & Fees I Postmark Here Sent • Simens Three: Apt. No.: or PO Bar No. Cay, Slate, ZIP« PS Form 3800. June 2002 See Reverse for Instructions SENDER. COMPLETE THIS SECTION • Complete Items - ., and 3. Also complete item 4 if Restricted Delivery is desired. • Print your name and address on the reverse so that we can return the card to you. • Attach this card to the back of the malipiece, or on the front if space permits. 1. Article Addressed to: Q SIV&Adre'U 1 Vt.ui e cialics 2oppi, rv-f-? `t ghple—uvurot— 0-€) ENO — U.S. Postal Service CERTIFIED MAIL RECEIPT (Domestic Mail Only; No Insurance Coverage Provided) Postage Certified Fee Return Receipt Fee (Endorsement Required) Restricted Delivery Fee (Endorsement Required) Total Postage & Fees COMP( FTE THIS S A S re X ON ON DEL IVEH✓ Postmark Here ❑ Agent ❑ Addressee B. Received by (Printed Name ) I C. DRte of Delivery_ 14-VO y D. Is delivery address different from item 1? O Y If YES, enter delivery address below: O No `izln t&) 3. Service Type O CersfledMell O Express Mall O Registered O Return Receipt for Merchandise O Insured Mail ❑ C.O.D. 4. Restricted Delivery? (Extra Fee) ❑ yes 2. Article Number (Bansfer from ante Iab&) PS Form 3811, February 2004 7005 1820 0003 5224 8621 Domestic Return Receipt gria -' 2( / 102596-02-M-1540 • Complete Items 1, 2, is desired. plete item 4 if Restricted Delivery • Print your name and address on the reverse so that we can return the card to you. • Attach this card to the back of the mailpieoe, or on the from if space permits. .. 1. AAr IO Addressed for cut in0 71 aitifirc) 2. Article Number (Transfer from service label) pS Form 3811, February 2004 ..: � different from ttan 1? p Y D. Is delivery address govt. ❑ No If YES, enter delivery add 3. Service ype Cl CertifiedfMall ❑ Express Matt ❑ Registered ID Return Receipt for Merchandise ❑ Insured Mail ❑ C.O.D. 7005 1820 0003 5324 8614 Donesdc Return Receipt 10259Sa2"A-1540 Hello