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Home My WebLink About20121566.tiff PETITION TO, OARD OF ASSESSMENT APPEALS For Office Use Only W EL n Street, Room 315 Phone: (303)868-5880 Docket C MMI redo 80203 Fax: (303)8684485 1i A O38 Fee: V N 11AI% Ib Check/Credit Card: RECEIVED Date: August 14. 2012 P F H Property Owner: Tagawa Greenhouses Inc Subject Property: 17999 Weld County Road 4 Brighton Street Address City Schedule Number(s): R6411486, R6265186 Math separate sheet if necessary ❑Board of Equalization Appeals the decision of the Weld gj 0Boa of Propom is Administrator Commissioners Dated:Julv 18. 2012 County B Thls Appeal concerns: ®Valuation 0 Refund/Abatement 0 Exemption ❑State Assessed Tax Year: 2009, 201( The subject property Is currently classified as: 0 atural Resources 0OilG Gas CI l ClExempt 0PT Industrial ()Residential ❑°Mixed Use N State Assessed ❑Oil&Gas LO Personal ❑Possessory 9 o Vacant Land Interest Mines Actual Value assigned to subject property: $2,692,758 Petitioner's estimate of value: $1,800,000 Estimated time for Petitioner to presentor 3 hours. thot e appeal: than 30 minutes. Board will minutes ow equal time to County or Property Tax Administrator. Appearance: ❑Petitioner will be present at the hearing ❑Petitioner will appear by telephone ❑Petitioner will be represented by an agent Petitioner Is responsible for pang the Board ai 303-8865680 0 Petitioner will be represented by an attorney on the scheduled date and time of hewing(Mountain Time Zone) 0 Petitioner would like to appear by video conference Petitioner must contact the Board N 303-866.6880 a least 20 days in advance of the scheduled hearing to confirm availability of Ndeo conference equipment If the property owner is an entity,it must appear under the representation of an attorney licensed In Colorado except as Mows. A closely held entity may be represented by en 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 m e stating brepresentedthat taithas trustee, re or as spen no more tit ree owners that the tax amount d issue does not exceed$10,000.A trust filing a petition of August 8, t. Filing Fee: q None 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). ❑ $ 33.75 Petitioner is appearing pro this year(self-represented)(Jul 1 —June filed 30)more than two Petitions with the Board of Assessment Appeals ll $101.25 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 Assessor has not valued the improvements in acordance with state law, nor has the assessor valued the land appropriately. G�mmLwu i W. ASR Cw o20/a-/sbft 6 - a© - la 8)-i 7-/02 AsooBI • Required attachments to this form: 0 Assessor's or Property Tax Administrator's Notice of Valuation or Notice of Denial 0 Decision of County Board of Equalization,County Board of Commissioners or Property Tax Administrator Attachments required under certain circumstances: D A notarized Letter of Authorization if an agent will be representing Petitioner D 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: O Board of Equalization Weld D Board of Commissioners county D State Property Tax Administrator at the following address: 1150 0 Street, P.O. Box 758, Greely, CO 80632 on 08/14/12 • 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 Date I hereby e rd of ssment and attachments verve a ma4r��hand del and ivered to copies the o the f oforegoing o f Asseessment Appeals�313 Sherna�treet, Room 315, Denver,CO 80203 on 08/14/12 • Date (One copy may be faxed to the Board but the original and two additional copies must be mailed or hand delivered.) Petitioner's Meilino Address is Reaulred Even if Petitioner is Reoresented by An Mont or Attorney (oer C.R.S, 38-8-109) dA)u t,0.m YCl cc— v_H Signature of Agent g or Attorney.1 L Signature of Petitioner William A. McLain Printed Name Printed Name Tagawa Greenhouses Inc Higgins, Hopkins, McLain &Roswell, LLC M Mailing Address Mailing Address 100 Garfield St. #300, Denver, CO 80206 17999 CR 4, Brighton, CO 80601 City, State,Zip Code City, State,Zip Code Telephone: 303-987-7140 Telephone: 303-6594260 Daytime number E-Mail: wmdain@hhmriaw.com E-Mail: Attorney Reg. No.: 6941 It is the Petitioners 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.303-888-5880.The trons and Rules are available on the Web at www.dola.Colorado.govlbaa or may be requested by phone CLERK TO THE BOARD PHONE: (970) 336-7215, Ext. 4225 FAX: (970) 352-0242 1861 - 2011 1150 O STREET P.O. BOX 758 GREELEY, COLORADO 80632 WELL O NTY I I July 18, 2012 TAGAWA GREEENHOUSES INC 17999 CR 4 BRIGHTON CO 80601 RE: SCHEDULE NUMBER R6411486 and R6265186 Dear Property Owner: On June 25, 2012, the Board of Weld County Commissioners considered your petition for abatement or refund of taxes and denied same. Pursuant to Section 39-2-125(0, 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, Tonya Johnson Deputy Clerk to the Board cc: Assessor Attn: Ron Sandstrom F&S Tax Consultants 11540 W 69th Way Arvada CO 80004 RESOLUTION RE: ACTION OF THE BOARD CONCERNING PETITION FOR ABATEMENT OR REFUND OF TAXES -TAGAWA GREENHOUSES 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 25th day of June, 2012, at which meeting there were present the following members: Commissioners William F. Garcia, David E. Long, and Douglas Rademacher, with Chair Sean P. Conway and Commissioner 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, Tagawa Greenhouses, Inc., not being present, and 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 ollows: CORRECTION TO ASSESSED ABATEMENT TAX VALUATION OR REFUND YEAR $744,810.00 $0.00 2009 $744,810.00 $0.00 2010 Ce, • ASI ', Pa' /2 7-/f-/ 2012-1566 AS0081 TAX ABATEMENT PETITION-TAGAWA GREENHOUSES, INC. PAGE 2 The above and foregoing Resolution was,on motion duly made and seconded,adopted by the following vote on the 25th day of June,A.D.,2012. BOARD OF COUNTY COMMISSIONERS WELD COUNTY,COLORADO ATTEST:��,w EXCUSED Sean P. , hair Weld County Clerk to the Board Wiliam .Ga .ia,_Pro-Tem BY: Deputy CI kto the Boa/r\ji/-a EXCUSED Ba ara Kirkmeyer APP DAS g ':ies1 tin tV � avid E. Long C6unty Attorney ��' _ oWtfa Dougla Rademacher Date of signature: 1'' 2012-1566 AS0081 PETITION FOR ABATEMENT OR REFUND OF TAXES County: Weld Date Received OK+//- 055 (Use Assessoes or Commissioners SWmpl E l v E D Section I: Petitioner,please complete Section I only. WELD COUNTY E■■w/lI�_� Date: 12 11 2011 COMMISSIONERS Month Day Year DEC 13 2011 Petitioners Name: Tagawa Greenhouses Inc. 20I? MAY 3 I A 0 35 Petitioner's Mailing Address: 17999 Weld County Rd.4 WFI Il COI INTY ASStSSC Brighton C(E C E I V E D 80601 GREELEY, COLORADO City or Town State Zia Code SCHEDULE OR PARCEL NUMBER(S) PROPERTY ADDRESS OR LEGAL DESCRIPTION OF PROPERTY R6411486 17999 Weld County Rd.4 R6265186 17999 Weld County Rd.4 Petitioner requests an abatement or refund of the appropriate taxes and states that the taxes assessed against the above property for property tax years) 2009 and 2010 are incorrect for the following reasons: (Briefly describe why the taxes have been levied erroneously or illegally,whether due to erroneous valuation,irregularity in levying,dental error or overvaluation. Attach additional sheets if necessary.) The county assessor has overvalued the subject under the cost approach to value. Petitioners estimate of value: $1,800,000 (2009 )and $1.800,000 (2010 ) Value Year Value Year I declare,under penalty of perjury in the second degree,that this petition,together with any accompanying exhibits or statements,has been prepared or examined by me,and to the best of my knowledge,information and belief,is true,correct,and complete. Daytime Phone Number f ) Petitioner's Signature By Daytime Phone Number f 303 ) 424-0683 Agent's Signature* t2°— '2G - : ,i.-7 "Letter of agency must be attached when petition is submitted by an agent If the Board of County Commissioners,pursuant to§39-10-114(1),C.R.S.,or the Property Tax Administrator.pursuant to§39-2-116,C.R.S., denies the petition for refund or abatement of taxes in whole or in part,the Petitioner may appeal to the Board of Assessment Appeals pursuant to the provisions of§39-2-125,C.R.S.,within thirty days of are entry of any such decision,§39.10.114.5(1),C.R.S. Section II: Assessor's Recommendation (For Assessor's Use Only) Tax Year Zoo? Tax Year Z'I 0 Asia Amansl 7sa Mal @silts$ Ise orpmal'r2Iplz 1Sr ?ff* 1/o fl 751199 Vs,412 AS r 75gf≤ r v rrv,z z i, Carr.ct/Z 414 7*, fL b/jo (6' 4' W.7,Z AbetelRefund v 15 )" /`� ❑Assessor recommends approval as outlined above. If the request for abatement is based upon the grounds of overvaluation,no abatement or refund of taxes shall be made if an objection or protest to such valuation has been filed and a Notice of Denomination has been malted to are taxpayer,§39-10-114(1)(axfl(D),C.R.S. Tax year: Protest? 0 No ❑Yea (N a protest was filed,please attach a copy of the NOD.) Tax year Protest? 0 No ❑Yea (If a protest was filed,please attach a copy of the NOD.) Cgt Assessor recommends denial for the following reason(s): 1 6 y S 04.14.-et f r4, 6farec41 V4/4C5 Slyr/Offt1it , 2012-1566 (`^A� �waty/: ornature 15-OPT-AR No.920-66i11 FOR ASSESSORS AND COUNTY COMMISSIONERS USE ONLY (Section III gt Section IV must be completed) Every petition for abatement or refund filed pursuant to ¢39-10-114,C.R.S.shall be acted upon pursuant to the provisions of this section by the Board of County Commissioners or the Assessor,as appropriate,within six months of the date of Ming such petition,§39-1-113(1.7),C.R.S. Section m: Written Mutual Agreement of Assessor and Petitioner (Only for abatements up to$10,000) The Commissioners of County authorize the Assessor by Resolution No. to review petitions for abatement or refund and to settle by written mutual agreement any such petition for abatement or refund in an amount of$10,000 or less per tract,parcel,or lot of land or per schedule of personal property,in accordance with§39-1-113(1.5),C.R.S. The Assessor and Petitioner mutually agree to the values and tax abatement/refund of: Tax Year Tax Year Mug &Mal Tax Algid_ Mating in Original Corrected AratelRefund Note:The total tax amount does not include accrued interest,penalties,and fees associated with late and/or delinquent tax payments,if applicable. Please contact the County Treasurer far full payment information. Petitioner's Signature Date Assessor's or Deputy Assessor's Signature Date Section IV: Decision of the County Commissioners (Must be completed If Section III does not apply) WHEREAS,the County Commissioners of County,State of Colorado,at a duly and lawfully called regular meeting held on I_/_,at which meeting there were present the following members: Month Day Year with notice of such meeting and an opportunity to be present having been given to the Petitioner and the Assessor of said County and Assessor (being present—not present)and Name Petitioner (being present—not present),and WHEREAS,the said Name County Commissioners have carefully considered the within petition,and are fully advised in relation thereto, NOW BE IT RESOLVED,that the Board(agrees—does not agree)with the recommendation of the Assessor and the petition be(approved—approved in part—denied)with an abatement/refund as follows: Year Assessed Value Texas Abate/Refund Year Assessed%/Nue Taxes Abate/Refund Chairperson of the Board of County Commissioners'Signature County Clerk and Ex-officio Clerk of the Board of County Commissioners in and for the aforementioned county,do hereby certify that the above and foregoing order is truly copied from the record of the proceedings of the Board of County Commissioners. IN WITNESS WHEREOF,I have hereunto set my hand and affixed the seal of said County this day of Month Year County Clerk's or Deputy County Clerk's Signature Note: Abatements greater than$10,000 per schedule,per year,must be submitted in duplicate to the Property Tax Administrator for review. Section v: Action of the Property Tax Administrator (For ell abatements greater than$10,000) The action of the Board of County Commissioners,relative to this abatement petition,is hereby 0 Approved ❑Approved in part$ 0 Denied for the following reason(s): Secretary's Signature Property Tax Administrator's Signature Date 15-DPT-AR No.92040/11 AGENT'S AUTHORIZATION TO: County Assessor,Assessment Appeals Board,and County Treasurer THIS IS TO AUTHORIZE: Ron Sandstrom of F& S Tax Consultants to act in our behalf as our agent in assessment matters for those properties which are owned, possessed or controlled by the undersigned. Mr. Sandstrom is authorized to represent us on all property tax matters,including but not limited to, the following. Full authority to handle, with your offices, all matters relative to assessments, appeals, payments and refunds.Your are to divulge to him any and all information we have submitted to county authorities and any information in your files pertinent to our assessments. To file and sign any required property tax statement,or other correspondence on behalf of the undersigned. — To file protests,abatement petitions and appeals on behalf of the undersigned . To act in connection with Assessment Appeal applications,including appearances at hearings and withdrawals of said applications. This authorization shall remain in effect for tax years 2007 through 2010 . Schedule No. Address County R6411486 17999 Weld County Rd 4 Weld 86265186 17999 Weld County Rd 4 Weld 035094 5150 Indiana St Jefferson 035202 14780 W 53rd Ave Jefferson 431288 5565 McIntyre St Jefferson CLIENT: nh SIGNED B : 1 --- NAME: = 44(4.)[}--- TITLE t TELEPHONE 4eL4 DATE Chris Woodru WELD COUNTY ASSESSOI BRENDA DONES DEPUTY ASSESSO APPRAISAL REPORT OF COMMERCIAL PROPERTY FOR County Board of Commissioners TAGAWA GREENHOUSES INC Petitioner vs. WELD COUNTY ASSESSOR'S OFFICE RESPONDENT Parcel Number: 1471-25-0-00-015 1471-31-2-01-005 Schedule Number: R6265186 R6411486 Docket Number: 2011-055 Date: June 4, 2012 Time: 08:30 AM Board: Weld County 2009 & 2010 Abatement Hearing PREPARED BY APPRAISERS NAME V June 4, 2012 Signature Date ASSESSOR'S OFFICE STAFF APPRAISER Page I of 52 C0OE_COMM_01 SALIENT FACTS AND CONCLUSIONS Purpose of Appraisal To determine Market Value as of 1/1/2009 based on an appraisal date of 6/30/2008. Property Rights Appraised Unencumbered fee simple interest. Location 17999 Weld County road 4, Brighton, Co Legal SE4SE4 & E1/2 W4SE4 —except UPRR Res — 25-1-66 L57 to 64 in NW4 of 31-1-65 Pt. NE4NW4 Land Area total 110.28 acres 34.5 acres of commercial other ag/greenhouse business. 75.78 acres of ag farming land various classifications. Property Type Commercial Greenhouse & support buildings Building sizes: Greenhouses 724,728 sq ft Office area 3,600 sq ft Support buildings 110,937 sq ft Shade shelter 35,200 sq ft Residence 3,514 sq ft Year Built 1972 -2002 Quality Average Value Indications per the Cost Approach: Land Ag use $ 26,880 Land Commercial use $ 862,500 Greenhouses $ 717,444 Support buildings $ 914,416 Residence (market approach) $ 171,518 Final Value $2,692,758 Market approach Considered — N/A Income approach Considered — N/A Page 2 of 52 CBOE_COMM_0109! 2009 Value by Parcel Number 1471-25-0-00-015: Ag land $ 8,862 Commercial land $ 750,000 Greenhouses $ 604,579 Support buildings $ 790,505 Residence $ 171,518 Total $ 2,325,464 1473-31-2-01-005: Ag land $ 18,018 Commercial land $ 112,500 Greenhouses $ 112,865 Support buildings $ 123,911 Total $ 367,294 Page 3 of 52 CBOE_COMM_010% Aerial Photo of R6265186 Main location of the sub'ect - . _ . i _ _ (1 i q. fig fily '� 1 1 15.„1- Y. r 1 ir- ro.A., -- �r i ai I • - --3.44ildi II- *Un•" y a • ii1L =` = ---- ,,,,J, 1-I IL-rpt IAIIII i "--- l , ' -•-ril ,-,--, , - -_-__:. _ - --:-...rz--- - ---- -7--, --1 ----Nyl----1.20(1 10C Fe'e't ,, !~— {ZCT11:ote.--. - t ocatJon 4 . Aerial Photo of R6411486 remote location of the sub'ect am ---- _ Y 1 LoFatit�n +' r •• Ns 40' , ) am-at-air_ - .f m_� . t � at_1s ss siC mss! at i r JI[E d �' • Page 4 of 52 CBOE COMM 01( r • y4p • 05/23/2012 COST APPROACH SUMMARY The Assessor is currently using Marshall and Swift cost tables for the cost approach of commercial properties in Weld County, which has been approved by the Division of Property Taxation to be utilized by Colorado Assessors. The structure has been classified properly utilizing the Marshall and Swift Valuation service and an appropriate value assigned. A land value has likewise been established through the utilization of vacant land sales of comparable properties. Improvement Value $1,803,378 Land Value $ 889,380 TOTAL VALUE BY THE COST APPROACH $2,692,758 CBOE_COMM_O COST APPROACH LAND VALUE Sales utilized to establish the value in the subject neighborhood are from 2007 and 2008 market for the 2009 assessment date. The comparative sales approach is the most reliable method of land valuation. Pursuant to 39-104-(10.2) (c) C. R. S., the Assessor may utilize sales from July 2003 through the current market to establish the proper value, if sufficient information is not available in thi prior 18 months. Also, comparables outside the subject property area may be used. The Weld County Assessor has an established ongoing sales confirmation and validation program for property transactions used in developing value. The land size of the subject's commercial use area is 34.50 acres. Comparable commercial land in tl subject area would indicate a value of$25,000 per acre for the subject's commercial land. Land SP/Per Comp # Parcel # Grantor/Grantee Sale Date Sale price size Acre 1 147129200117 Sasaki/Brighton 2/16/2004 $1,750,000 112.4 $15,569 147130400107 2 & 012 Brancucci/ Copart 6/3/2005 $2,888,700 42.39 $68,146 3 147129000100 Kramer/UP RR 7/5/2007 $1,221,268 44.1 $27,693 4 147129300002 Truax/ UP RR 12/10/2007 $989,500 20.58 $48,081 5 147120300008 Hunt/UP RR 12/21/2007 $2,839,500 53.6 $52,976 All of the comparable sales are approximately 5 miles away from the subject property. None of the comparables are the same size as the subject. After adjustments' for size and location the comparables support $25,000 per acre for the subject property. ASSESSOR'S INDICATED SUBJECT COMMERCIAL LAND VALUE $862,500 Ag land values per soil classification: GI class: 16.93 acres x $430 per acre... ... ... ..$ 7,278.71 Gil class: 37.119 acres x $379 per acre... ... ... ..$14,083.69 GIII Class: 17.788 acres x $276 per acre $ 4,916.78 G IV Class: 3.943 acres x $152 per acre $ 600.95 Total Ag 75.78 acres $26,880.14 Commercial 34.50 acres x $25,000 per acre... .$862,500.00 Total Land Value 110.28 acres $889,380.14 Page 6 of 52 GBOE_COMM_O1C Land Comparable Map 1 _ - U- J Fort Lupton a + E Ii rCor TP t f_.. .... _. Hwy 65 omp 3 om�i a Cori ' Lochbure Brighton '/ 1-76 _1- - — — — --- ---:rte - - _ Map center:40'2'9'N.104'45'5r W 1:1 SC,CCC 10 Map Tool: ,A TextMarkup Active Layer:Parcel Page 7 of 52 CBOE_COMM_01 C Improvement Cost Analysis Summary R6265186 Cost Minus Bldg Size S.F. Year Built Deprecation Value Support Bldg 2 Off/Whse 17,596 1985 & unk $22,28 $392,018.00 3 Utility 5,976 1985 $3.18 $18,980.00 4 Utility 3,064 1972 $3.21 $9,848.00 5 Utility 6,060 1974 $8.04 $48,710.00 6 Utility 11,708 1972 & 80 $0.98 $11,496.00 7 Utility 5,238 1974 $1.24 $6,475.00 8 Utility 4,122 1985 $2.81 $11,595.00 19 Utility 72,848 1990/92/93 $3.52 $256,333.00 22 Tank 305,000 gal unk $0.11 $35,050.00 100,799 sub total $790,505.00 Greenhouse Bldg 9 Metal Pole 73,104 1985 $1.22 $89,281.00 10 Hoop 138,485 1976 & 77 $0.35 $48,524.00 13 Metal Frame 21,600 1987 $2.01 $43,426.00 14 Metal Frame 20,808 1977 $1.48 $30,899.00 15 Metal Tube 321,300 1970-72 $0.78 $249,971.00 18 Metal Tube 29,978 1990 $2.22 $66,654.00 23 Hoop 14,440 1992 $0.44 $6,337.00 24 Hoop 40,320 1994 $0.44 $17,743.00 25 Shade 53,600 2000 $0.97 $51,744.00 666,820 sub total $604,579.00 R6411486 Bldg Support Bldg 2 Whse 6,852 1973/80 $3.68 $34,356.00 4 Utility 6,888 1988 $12.74 $87,787.00 5 Utility 480 1990 $3.68 $1,768.00 sub total $123,911.00 Greenhouse Bldg 1 MIA/Tube 52,992 72 73 74 $1.16 $78,296.00 3 Metal Tube 24,702 1988 $1.40 $34,569.00 6 Metal Tube 14,640 1973 $1.16 $16,948.00 93,108 subtotal $112,865.00 Total Cost minus depreciation $1,631,860.00 Market Value of Residence $ 171,518.00 Total Improvements $1,803,378.00 Commercial Land $ 862,500.00 Ag Land $ 26,880.00 Total Indicated Value $2,692,758.00 The detail record for each parcel and its improvements can be found in the addendum. The subject property was inspected on May 23, 2012. As a result of the inspection some of the square footages have changed. In general the total square footage was 879,985 and is now 949,914 square feet. At this time the increased square footage did not change the total value. Photos and drawings of each improvement can be found in the addendum. Page 8 of 52 CBOE_COMM_01 MARKET APPROACH For this report the Comparable Sales Approach was considered but not developed in the valuation o the subject property. An extensive search produced a lack of similar special purpose type comparab sales. Sources utilized in this search were Co-Star Comp Service, Loopnet Commercial Real Estate Larimer County Assessor, Jefferson County Assessor, and the general internet. The subject, greenhouse facility, is a special-purpose property where truly comparable properties are seldom available. Due to a relatively small market and a lengthy market exposure needed to sell such properties, there is little evidence in the market place to support a value using the Sales Comparison Approach. Residential Improvement The subject property does have a residence improvement that can be valued base on the Market Approach. WELD County ASSESSOR'S Sales Comparables Market Adjustment Grid Subject Conte Si Comp 12 Camp 93 Sale Date 4002007 6221306 6,1.2907 Sae Pram SO $306.000 $450,000 $156,000 7T0m�1A� $224,200 1441.000 $116,900 Pa�1l 1211-14300009 1471-343-01-008 1211-19-2-06407 Account Mamba 86411466 82700404 8796/499 84996496 Steel Adams 14017 26.6 CR 16006 OIEFlAA67 TRAL 600 ELIZABETH M' aaalg SF 3 613 n 2.664 $27,629 2906 $19,462 2112 $12068 Lam SF 0 43.660 $0 00.666 SO 6.976 $0 NBgiCainaO 4201 00 4121 00 $0 4006 00 $0 4121 CO $0 C _ ,ry re a b e Family Reeld Stgd Fang R9e10etla sop Sn Few*Retbry entle1 SO 3e FleaReaatal SO Baeareq citaene o 0 $0 0 SO 144 ($668) Banana$,Wefts 906 742 $1,591 1964 010272) 990 $146 Beeanelt Wei=0 0 $0 0 $0 0 $0 Befaeon a 1 $9.730 3 SO 3 $0 Boas Roan,SF 0 0 SO 0 SO 0 $0 Caalbn 0$4lypna Typl®I 279,639 Typo $62994 Typical $19,296 Deapl 1 112 Say FM 2 Stan $0 2 Slaty SO 2 Slay $0 Gaspe,Attached 1200 $15,132 925 $0.729 $16,132 Garage,Bement 0 $0 $0 $0 Gaspe,art In 0 SO $9 676 ($7263) Caage.Daaaed 0 749 ($7,991) $0 $p Land vats Al 0 MOOD ($90,600) 120000 ($120,000) 30000 ($30,000) as 0 o m 0 $D 0 $o Other acla 0 0 SO 0 SO 0 SO Weal Fa Maws SO Good SO Far $0 Yea AQldea 1962 1942 $4,000 2002 ($29.000) 1979 ($10.900) $Pgaihne t $7,629.66 Shapstrient (183,99776) $Aafatnat 01,191.7) Gl0ee%Aquame t 9190% Crags%A4isdent 6394% GMBH'X Adjustment 92.17% Net%A$Snm 243% Net%Adjalnent -14.31% gist%Aselmett -1.02% Fns trrat Valle 5171.516. 0 AQasted Soda Pace $231,829.66 ALISC Saes PICK $377,90224 AOaaa atee Pone $115.719.13 Final market vale tSF $49.81 Actuated Seise Price f SF $66.97 Alma'Sr PTCe!SF $17,54 A1Aiad Sees P9941 SF $32.913 The three comparable sales after adjustments develop a range of$33 to$107 per square foot with the average being$68.61.These adjusted sales support the subject's value of$48.81 per square foot. Page 9 of 52 CBOE_COMM_01 INCOME APPROACH The Assessor has appropriately considered the Income Approach to value for the property. For this report the Income Approach to Value was not used due to the lack of comparable data. An extensive search was made using Co-Star Comp Service, Loopnet Commercial Real Estate, Larimer County Assessor, Jefferson County Assessor, and the general internet with no satisfactory comparables found. With no comparable income and no comparable sales of properties to develop a capitalizatio rate, the Income Approach to Value would not be credible. Page 10 of 52 CBOE_COMM_C CONCLUSION Real property for tax year 2009 & 2010 must be valued utilizing the level of value for the period of on and one-half years immediately prior to July 1, 2008. Except that, if comparable valuation data is not available from such one-and one-half-year period to adequately determine the level of value of a cla: of property. The period of five years immediately prior to July 1, 2008 shall be utilized to determine the level of value. 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 following level of value i implemented, other than additions, change in use, detrimental acts of nature, damage due to fire, etc or creation of a condominium, or any new regulations restricting or increasing the use of the land, or combination thereof. {39-1-104(11)(b)(1) C. R .S.} 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 Considers all three approaches to value for the subject parcel on appeal but has relied on the cost approach in our final reconciliation of value. After an extensive search for Greenhouse comparables, no reliable data could be found to support the market approach or the income approach. These two approache were considered but not used to value the subject property. Colorado statue requires residential properties to be valued using the Market Approach. For the subjects residential improvements only tl Market Approach was considered. FINAL RECONCILIATION After consideration of the cost, market and income approaches, it is the Weld County Assessor's opinion that the value of $2,692,758 most accurately reflects the value of the subject property in Well County for the 2009 & 2010 tax year. COST APPROACH MARKET APPROACH INCOME APPROACH $2,692,758 Considered - N/A Considered - N/A INDICATED VALUE LAND $889,380 COMMERCIAL IMPS $1,631,860 RESIDENTIAL $171,518 Total: $2,692,758 Page I I of 52 CBOE_COMM_O1C APPRAISAL STANDARDS AND ETHICS CERTIFICATION 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 conclusions 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 r 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 been 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. 1/,‘,A) #27at-te'-a- Wade J. Melies Commercial Appraiser Colorado Certified General Appraiser CG40036400 Page 12 of 52 CBOE_COMM_01 ADDENDUM STATE OF COLORADO Department of Regulatory Agencies Division of Red Estate ACIN! FIRMED M SECURE PAPER Cat Gen Appraiser 40036400 Jan 12012 On 31 2014 Menge laaue ORu Expires GRDE l WARS rE OELEY.WBOQ 091 . Praaanrhnnnnsalo. [Hraaa90 Page 13 of 52 C6OE_COMM_alC WELD COUNTY ASSESSOR Account e:85265186 PROPERTY PROFILE Parcela:147125000315 Loom NH Slag: NH Sere: Appr Year.2008 Lary:Mme? I of Bidgs:19 Crofts On:09/1 Mean Ta Dist:2497 Map s:2485 LEA:9110511 Andre On:19890101 Assign Tc:WJM ViMSIS:JPT Acct Type:Comercial InsotlrsOn: New Growth:Mme? Last Updated:12118/2009 Owners Name and Address: Property Address: TAGAWA GREENHOUSES INC Street: 17998 4 CR City: WED 17999 CR 4 BRIGHTON CO 80601 Business: Saps Sunrory Legal n 161162 SE4S 4It SVr4SE4261fib EXC UP RR RES rang Land Valuation Sunnary Abet Square Unh of Number Yaks Actual Assert Assessed Land Type Ag Coda Code Fat Measure Of Units Par Unit Vika Percent Value Commercial 4180 0 Acres 30$25,000.00 8750,000.00 0.29 $217,500 Agricultural P I 4107 544,500 Acres 12.5 $429.93 $5,974.13 0.29 $1,560 Agricultural P III 4107 370260 Acres 8.5 $276.41 $2,349.49 0.29 $680 Agricultural P II 4107 0 Acres 3 $379.42 $1,13826 0.29 $330 Monday,May 21,2012 Page 1 of 24 Page 14 of 52 CR0E_COMM_0109 WELD COUNTY ASSESSOR A000ranr:R5265186 PROPERTY PROFILE Parcelx:147125000015 La ir: OH Rat rasa a: Land Subtotal: 54 $756461.02 $228,070 Buildings Valuation Binary Abst MontAaseaaad Bldg x Property Typo Coda Occupancy Actual Yaks lbmant VS. 1 RasidenAM 4277 101 -Single Fan*Residential on Ag $171.518 0.07% $13,653 2 Commercial 2235 406-Storage W&rehouse $392,018 029 $113,685 3 Commercial 2235 406-Storage W efaholse $18,980 029 $5,504 4 Commercial 2235 406-Storage W aehause $9.848 028 $2,856 5 Commercial 2235 406-Storage Warehouse $48,710 029 $14,126 6 Commercial 2235 406-Storage Warehouse $11,496 029 $3,334 7 Commercial 2235 406-Stage Warehouse $6.475 029 $1,878 a Commercial 2235 406-Storage warehouse $11,.585 029 $3,363 9 Commercial 2230 209-Nwser Greenhoae $89281 0.28 $25,891 10 Commercial 2230 209-Nurse,?&eenrolme $48,524 028 $14,072 13 Commercial 2230 209-Nt seryGreemho0se $43,426 0.29 $12,584 14 Commercial 2230 209-NuserlGreenlrolme $30,999 029 $8,961 15 Commercial 2230 209-Nuser)/Greenhouso $249,971 0.28 $72,482 18 Commercial 2230 209-Nursay&yeenhmse $66,654 0.28 $19,330 19 Commercial 2235 404-Shed-Utility $256,333 0.28 $74,337 22 Commercial 2230 502-Other GB $35,050 029 $10,165 23 Commercial 2230 209-NursayGreenhouse $6.337 0.28 $1,838 24 Commercial 2230 209-Nurser/Greenhouse $17,743 029 $5,145 25 Commercial 2230 519-Greenhouse Shade Shelters $51,744 029 $15,006 hnpravanents Subtotal: $7,588.802 $418,227 Total Property Value $2,225,464 $630,227 'Approximate Assessed Value Monday.Way 21.2012 Page 2 of 24 Page 15 of 52 CBOE_COMM_0105 WELD COUNTY ASSESSOR Accounts:86265186 PROPERTY PROFILE p 4;1147125000015 Last en Sept. rat apse: Building t. 1 Condo SF Condo%Land: Condo%Bldg: Unit Typo: Landscaping$: Prsperb Typo: Residential 0 1 $0.00 Quality: Far lead: 4901 Occupancy: Sigle Funk Residential on Condition: CM-Typical MIS Est: 00 PsSt kr: 0 tbfd A4: 1 Pamnl Comp: 100.00% ktiLusi Bunt As Do$S Built As: 1 1/2 Stay Fn Year Bulb 1914 Construction Type: Frame Masonry Veneer Year tbnodebd: 1952 WAG: Forced Air %Remodolod: 1 interior Finish: Uylral A4 Year Bk: 1952 Roof Cover. Wood Shake Efbctira Age: 56 Built As SF: 3519 Mh Make: a of Baths: 3 Tag LengiAWidlh: X it of Bdrns: 6 Tag Le gtltlWldth: X s of!kerbs: 2 Mh Skirting LF: Spry[bight: MH Skirting Typo: Spdrdder SF: Dismepr: Capacity: Height: Building Details Bldg S: 1 Uri Units Price RCN Actual Valle x, yn4y K �y,yy ��yy Barb Conceit 905 $15.92 $14,404.70 $14,40470 $/ Y'.,%M,m�. r'4 ' u+, ,s;::,. ' .,,y* "" +d ♦. Attached 1200 $1810 $21,71520 $21,71520 Fn Attached 1200 $3.63 $4596.48 $4.59648 -...17)144$4" ,y+a�" ^'',rP• est i '„,441.4:474.1..., Slab Roof Ced 120 $18.13 $2,176.13 $2.175.13 Knee W al 90 $30.95 3,1'� $2,785.54 $2,785.54 ' ^<tt'X 5�.xr . ,. V461. Alowance 1 $1,944.00 yye1 $1,944.00 $1,944.00 _ -4-`7640:-.0.. I.- ,..n • ; ,. -:#r'w'*€tke'm#t f"1,' " ::i2, Bath 2 1 $0.00 $0.00 $0.00 Bah 4 2 $0-00 $0.00 $0.00 Silk Kichen 1 $0.00 $0.00 $0.00 Water Healer yy��1yy�� 2 $0-00 �[�}. $0.00 $0.00 t-1%' x8 N.,u^.'� r!41er. 1r"°,„�'y ! 33 .' +„ Fr9piaceWad Burning Average 1 $10,100.00 $10,100.00 $9,696.00 /Heat Bedic Panel 480 $2.83 $1,358.40 $1,304.00 Monday,May 21,2012 Page 3 of 24 Page 16of52 CBCE_CCMM_0it WELD COUNTY ASSESSOR Accounts:85205186 PROPERTY PROFILE Parcels:147125000015 sal it IN Sege NH Spare: Yaks Details RCN CofVBF: $61.87 maign MI%: 0 F1ne Obs%: 0 Total RCN: $281,178 00 Eatarior Atli%: -025 Egon Obs%: 0.1 Pbys Dept%: 0.04 Interior Adj%: 0 Other Obs%: 0 MP Deer$r 11247 Antatsur Adj%: 0 RCNLD$: $171,518-00 RCNI.D Ca*8F $48.81 Mar*sv1F: $0.00 Monday,May 21,2012 Page 4 of 24 Page 17 of 52 CBOE_COMM_010 WELD COUNTY ASSESSOR Accoerds:86265186 PROPERTY PROFlLE Parcel s;147125000015 Lak ansaga: sersha'a: Beading s: 2 Condo SF Cando%Land: Cando%Bldg: Wit Type: Landscaping$: Property Type: Commercial 0 1 $080 Duality: Average MAW: 4901 Occupancy: Storage Warehouse Condition: CM-Typical NSW Ext: 00 Perimeter: 502 Ithd AM: 1 Percent Comp: 100.00% Individual Built As Detail Bug!As: Storage Warehoime Yon Befit: 1985 ComUuxton Type: S Yen R niodebd: RAC: Space Heater %Hsarodelad: Nadir Finish: Add Year Bit: 1985 Roof Cover: Eteative Ago: 23 Built As SF: 14800 Mh Wise: s of Baths: Tag Length/Width: X s of Bdnm: Tag Length/Width: X s of Stabs: 1 Mh SMrttng LF: 81ony Height: 20 MH 8tlrting Typo: Spdrtbr SF: Dams Capacity: Height: Building°Hails Bldg*: 2 Urals Was Price RCN Actual Value frf zx4* „.t ° ?w 75S.° 5 s. ,a Loading Wells Excavated Cane Walls&Roor 3750 $12O4 $45,15000 $28,444.00 Com Office Fresh Average 1800 $26-01 $46,818.00 $29.495.00 Value Details RCN CoRYSF: $35.83 cosign AdI%: 0 Fax Obs%: 0 Total RCN: $622252-00 Exterior Ail%: 0 Eon Obe%: 0 Phys Dept%: 0.37 Interior Adl%: 0 Other Obs 0 Phys Deter$: 230234 Amateur Adl%: 0 RCItD$: $392,018-00 RCNLD Co*YSF $2649 MartaYSF: $0.00 Monday.May 21,2012 Page 5 of 24 Page 18 of 52 CBOE_COMM_01 WELD COUNTY ASSESSOR Account:M6265186 PROPERTY PROFILE pares s:147125000015 Las Msaga: WI Spice: Building 9: 3 Condo SF Condo%Land: Condo%Bldg: Unit Typo: Landscaping$: Properly Type: Commercial 0 1 $0.00 GUS: Average told: 4901 Occupancy: Storage Warehouse Condition: CM-Typical tend Est: 00 Paranoia: 371 pad Adi: 1 Parent Comp: 100.00% Individual Built As Betel Built As: Comm Shed-E ltiMnent Year Built 1905 Construction Type: S Year tbsodobd: HYAC: None %Ramodolad: Interior Finish: A4 Year Bk: 1905 Roof Cesar. Effective Age: 23 Built As SF: 5976 Yh Make: a of Bags: Tag LangthWidth: X a of Bdnra: Tag Length/Width: X s of Stabs: 1 fah Skirting LF: Spry Haight: 10 NH Skirting Typo: Sprinter SF: Diameter: Capacity: Height: Building Details Value Details RCN Cost/SF: $15.88 ensign Adl%: 0 Furs Obi%: 0 Total RCN: $94,809.00 Exterior Adl%: 0 Eoon Obi%: 0 Phys Dew%: 0.8 interior Adl%: 0 Other Obs%: 0 Phys Depr$: 75919 Amgiur Aq%: 0 RCtaD k $18,960.00 RCNLD CoslSF $3.18 MsrtteYSF: $0.00 Monday.Hey 21.2012 Page 6 of 24 Page 19 of 52 CBOE_COMM_011 WELD COUNTY ASSESSOR Accounts:R6265186 PROPERTY PROFILE Paroal t:147125000015 SCAR nrigt: MI Colo: Building t 4 Condo BF Condo%Land: Condo%Bldg: Wit Typo: Landscaping$ Property Type: Commercial 0 1 $0.00 Chalky' Average Nbad: 4801 Occupancy: Storage Warehouse Condition: CM-Typical Slid En: 00 Perinaler: 250 MIS Art 1 Percent Comp: 10000% Individual Built As OMail Built As: Comm Shed-Equpmert Year Baoft: 1972 Construction Type: S Year Remodibd: IWAC: None %Roalod led: Interior Finish: A4 Year Br: 1872 Roof Carer: Elbalha Age: 36 Burt As SF: 3064 Mh dials: e of Baths: Tag Le grYWidth: X t of Bdrms: Tag Le gbYWfdlh: X t of Slorbs: 1 Mb Skirting IS: 81ory Sght: 10 MN Sldrtlg Type: Bprhider SF: Diameter: Capacity: Height: Building Details Value Details RCN CoaWBF: $16.07 Malign Aril%: 0 Fun Obs%: 0 Total RCN: $49,238.00 Exterior Adi%: 0 Egan Obi%: 0 prys Dept%: 0.8 Interior Adi%: 0 Other Obs%: 0 PMi DePr$: 39390 Amateur Ado%: 0 RCNLD t $9,848.00 RCNLD CaflSF $321 yarl WSF: $0.00 Monday.May 21.2012 Page 7 of 24 Page 20 of 52 CBOE_COMM_ola WELD COUNTY ASSESSOR Accoerds:116265186 PROPERTY PROFILE pare s:147125000015 salt. rm sags: tar ape: Building s: 5 Condo SF Condo%Land: Cando%Bldg: Unit Typo: Landscaping S: Properly Type: Commercial 0 1 $0.00 Guilty: Average Ned: 4901 Occupancy: Storage Warehouse Condition: CM-Typical Its Est: 00 Pakaepr: 467 MSS AM: 1 Percent Camp: 100.00% individual Bulb As 094811 Built As: Service Campo Year Bust 1974 Construction Typo: S Year Ramodebd: HYAC: Space Heater %Rennmbled: lee Flnbh: Adi Moat BI: 1974 Root Coven EBogNe Ago: 34 Bulb As SF: 6060 Mh Maim: e of Beal Tag Length/Width: X s of Bdms: Tag Langt'Wldth: X it of Stories: 1 Mh Skirting LF: Spry Wight: 10 NH Stating Type: genie SF: Dimmer: Capacity: Height: Building One Value Deis RCN CastISF: $40.19 Design Adl%: 0 Puna Obs%: 0 Total RCN: $243,551.00 Exterior Adi%: 0 Fen Obs%: 0 Phys Deer%: 0.8 Interior Adi%: 0 Other Obs%c 0 Ptiys Dear$: 194841 Amateur Ad'%: o RCNLD$: $48.710-00 RCNLD CoNISF Sa04 MarketSF: $0.00 Monday.May 21,2012 Page 8 of 24 Page 21 of 52 CBOE_COMM_010 WELD COUNTY ASSESSOR Account*:R6265186 PROPERTY PROFILE pomp t 147126000015 taw t anaa4a: NH Spam Building it: 6 Condo SF Condo%Land: Condo%Bldg: Clot Typo- Landscapkrg$: Pruperq Type: Commercial 0 1 50.00 Wally: Average IbhM: 4901 Occupancy: Storage Warehouse Condition: CM-Typical MIS EMF. 00 Perimeter: 250 Ibad A4: 1 Percent Camp: 100.00% ktl&sa BuSI As Octal Built As: Comm Shed-Equipment Year Bugg 1972 Construction Typo: S Year Ibnrodebd: MIAC: None %Ibrrmdebd: Interior Finish: A4 Year Bt: 1972 Roof Cover: EBoalhe Ago: 36 Bait As SF: 3444 Yh Mahn: it of Bands: Tag LmitlWVWth: X a ofBdrms: Tag Lsn hlWWM: X a of Stories: 1 Mh Skirting LF: Stout'IbIght: 12 MH Milroy Typo: Spririrbr SF: Diameter. Capacity: Height: Building Details Value Dotal: RCN CostfSF: $16.60 Daaigrr Adj%: 0 Funs Obs%: 0 Total RCN: $57,480.00 Exterior 14%: 0 Econ Obs 9L: 0 phys Depr%: 0.8 Interior Adj%: 0 Other Obs%: 0 Phys Depr S: 45964 Amateur A4%: 0 RCIRD$ $11,406.00 RCNLD CoaVSF $3-34 MarkoVSF: $0.00 Monday.May 21,2012 Page 9x124 Page 22 of 52 CBOE_COMM_C WELD COUNTY ASSESSOR Account s: 5186 PROPERTY PROFILE Parcels:147125000015 Leal k nn sects: In Spar Building It 7 Condo 8F Condo%Land: Condo%Okla: Unit Typo: Landscaping Ter Property Type: Commercial 0 1 $0.00 Guilty: Average fold: 4901 Occupancy: Storage Warehouse Carillon: CM-Typical NNW Ext 00 Perfesbr: 158 fbtd A4; 1 Porrant Comp: 100-00% Individual Bulk As Doted Bulk As: Comm Shed-Equipment Von Bulk: 1974 Construction Type: S Year Remodebd: IWAC: Space Heater %Fbmodeled: bbrior Finleh: Act Yea Bin: 1974 Roof Carer: Effective Age: 34 Built As SF: 1734 Nh Yaks: e of Baths: Tag LangItSMMdth: X e of Brims: Tag Length/Width: X S of Steriss: 1 Ilh Skirting LF: Slay Sight 10 NH Skirtng Typo: Sprinkler SF: Diamothr: Capacity: HMOS: Building Dat a Value Dods RCN CoaVBf: $18.67 Design Ad)%: 0 Fyne Obs%: 0 Total RCN: $32,374.00 Enactor Ali%: 0 Ewa Obs%: 0 Phya Depr%: 0.8 Interior Atli%: 0 Other Obs% 0 Phys Dapr$: 25899 Amarsur Ad!%: 0 RCNLD$: $6,475.00 RCNI.D Cost/SF $3-73 YrbabSF: $0.00 Monday,May 21,2012 Page 10 of 24 Page 23 of 52 CBOE_COMM_01 0 WELD COUNTY ASSESSOR Apeman:R8265185 PROPERTY PROFILE parcels:147125000015 Lando BIM Stan: NH Spcs: Building a: 8 Condo SF Condo%Land: Canto%Bldg: Unit Typo: Lag$: Property Type: Commercial 0 I $0.00 MS: Average Wad: 4001 Occupancy: Storage Warehouse Carnation: CM-Typical Maid Ext: 00 Parkiar: 230 Nhhd Anal: I Percent Camp: 100.00% Individual Bunt As Detail Built As: Comm Shad-Equpmert Yam Built: 1985 Construction Typo: S Year Rernodebd: MIAC: None %Remodeled: Ihrtar Finish: A4 Year Bit: 1985 Roof Cover: Ellscdvs Ago: 23 Built As SF: 3127 Mh Mike: s of Burns: Tag LengtlNNidth: X s of Bdnns: Tag Length/Width: X s of Stories: 1 Mh 8tlrtirg LF: BIM Wight: 18 MN Skirtkg Typo: Sprinkler SF: Dtamelsr: f apedty: Height: Budding Details Value Dash RCN CoeVSF: $18.54 lbsigi Ada%: 0 Floc Obs%: 0 Total RCN: $57.975.00 Exterior Ada%: 0 Econ Obs%: 0 Phys Dept%: 0.8 Interior Ada%: 0 Other Obs%: 0 Phys Dept$: 48380 Amalas Ada%: 0 RCNLD t: $11.50500 RCNLD CostlSF $371 MsflVBF: $0.00 Monday,Yey 21,2012 Pagan 0f 24 Page 24 of 52 CBOE_COMM_010 WELD COUNTY ASSESSOR 64209161:R5265186 PROPERTY PROFILE pima s:147125000015 IS # r1Ygr BM spire: Bulking e: 9 Condo SF Condo%Land: Condo%Bldg: Unit Type: Landscaping R Properly Type: Commercial 0 1 $0.00 (llergly: Average Ibld: 4901 Ocaupaney: Nu-say/Greenhouse Colldltion: CM-Typical lblM Est: 00 Perimeter: 1284 Nbad Adi: 1 Percent Camp: 100.00% Individual Built As Octal Built As: Nursery/Greenhouse Year Bust: 1985 Construction Typo: S Year Ronlodelsd: HVAC: None %fbmodolod: Morin RnIsh: Aq Year BI1: 1985 Roof Cover. Elective Age: 23 Bldt As SF: 71712 Mh Make: it of Baths: Tag LangtlJWWlh: X it of Bdrnal: Tag Lang hrfAdth: X I of Statas: Mh Skating LF: Mon Ibight: 9 MR Skirtkg Typo: 8gidder SF: Diameter: Capsinty: Height: Blinding Detail. Value Details RCN CoiVSF: $4.98 Design Adi%: 0 Ftmc Obs%: 0 Total RCN: $357,126.00 Estodor Add%; 0 Icon Ober%: 0 Phys Deter%: 0.75 interior MI%: 0 Other Obs%: 0 Phys Dept$: 267845 Analew Ada%: 0 RCNLD$: $89,281.00 RCNLD CosVYSF $124 MarkstBF: $0.00 Monday,May 21,2012 Page 12 01 24 Page 25 of 52 CBOE_COMM_01 C WELD COUNTY ASSESSOR Accounts:85265188 PROPERTY PROFILE p(s:147125000015 Leal k IN saga: sn Spo: Building 10 Cando SF Cando%Land: Cando%Bldg: Unit Type: Landscaping$: Prepaid Typo: Commercial 0 1 $0.00 Duality: Loa Nbtd: 4001 Occupancy: Nursery/Greenhouse CoMlion: CM-Typical Mid Eat: 00 Puri hater: 0 rand Ar$: 1 Pamsnt Comp: 100.00% Individual Built As 004E Built As: Nursery/Greenho0se Yoar Bndt: 1077 Construction Type: S Year Ramodabd: 1077 MIAC: None %fbmodsled: 1 interior Finish: Ado Year 811: 1077 Roof Cover•. Motive Aga: 31 Built As SF: 1 Mh Matta: a of Baths: Tag LangthWldtlr: X s of Bdnns: Tag langjNWfdtln: X it of Starts: Mb Skirling LE: BMW lbight: MN Skirting Typo: SpdnMsr SF: Dianopr: Capacity: Building Devitt Bldg,: 10 Urils Units Pnce RCN Actual s°'' #� Value / n +a :' �, t i� 1¢'3«lz st xrr?7 l'i:; ,x%, t-','" '„z', '. ;,,43.m r. Ituo-t •, Ye Hoop House y, 1 $0.00 $0.00 $0.00 yyJ3 Hoop House 110280 $0.44 $48,52320 $48,52320 Valor Dank RCN CosYSF: $3.80 Cosign Ad]%: 0 Raw Obs%: 0 Total RCN: $48,527.00 Exterior Adj%: 0 Edon Ott%: 0 Phys Dapr%: 0.8 interior Adj%: 0 Other Obs% 0 Plrys Dapr$: 3 Amateur A4% 0 RCNLD$ $48,524.00 RCNLD Cos fSF $48,524.00 M rkinfSF: $0.00 Monday.May 21,2012 Page 13 al 24 Page 26 of 52 CBOE_COMM_01 WELD COUNTY ASSESSOR Accostt:86265188 PROPERTY PROFILE Camel t:147125000015 Led t 1919891: IN Speak Budding t: 13 Condo SF Condo%Land: Condo%Bldg: tlydt Type: Landscaping$: Progeny Type: C0nvnen:ial 0 1 $0.00 Quaky: Average Nbad: 4901 Occupancy: Niraery/Gree house Cordtion: CM-Typical Nbad Est: 00 Patar: 399 Nbad P4: 1 Percent Comp: 100.00% kdividuel Bull As Detal Built As: Nursuy/Gre nhouse Voar But 1997 Construction Typo: S Tear Fbmodebd: HVAC: None %Fbmodeled: Maria Finish: Act Year BM: 1987 Roof COMM: Effective Age: 21 Built As SF: 22350 Mh Mak*: S of Baths: Tag LangthWWtlr: X S of Bdnna: Tag Length/Width: X s of Saabs: Mh Skirting LF: Spry Fblght: 10 MN Skirting Typo: Sprinkler SF: Dians:: Capacity: Height: Budding Details Value Details RCN CostfS: $6.70 Design Adl%: 0 Func Obs%: 0 Total RCN: $149,745.00 Exterior Adl%: 0 Scan Ott%: 0 Phys Depr%: 011 Interior Adl%: 0 Other Ot s%c 0 Phys Depr S: 106319 AmMout Aril%: 0 FCC L $43,426.00 RCNLD Con'SF $1.94 IlakatSF: $0.00 Monday,May 21,2012 Page 14 of 24 Page 27 of 52 CBOE_COMM_0 WELD COUNTY ASSESSOR Accounts:86265186 PROPERTY PROFILE pared t 147125000015 ladle lel semi: WI Spin: Building is 14 Condo SF Condo%Land: Condo%Bldg: Unit Type: Landscaping$: Properly Typo: Commercial 0 1 $0.00 Onaiilr: Average NOM: 4001 Occupancy: Nursery/Greenhouse Condition: CIA-Typical tbad Eat: 00 Perimeter: 612 tbad b/: 1 Percent Comp: 100.00% end riduel Bull As Detail Built As: NaserylGrnsjio.se Year Built 1977 Construction Type: S Year Ibmodsbd: RAC: Hone %FbmodgMd: Interior Finish: A4 Year Bit 1977 Roof COMM ElfacWoAge: 31 Built As SF: 22488 Mh Maio: i of Baths: Tag LagttVWldth: X i of Berns: Tag LangIMVidth: X it of Storer. Mh Siitig LF: Spry Wilk: 10 NH Stlrlig Typo: Viktar BF: Daimon: Capacity: Height: Building Ootsls Value Details RCN Co$YBF: $6.87 Cosign A4%: 0 Rabe Ohs%: 0 Total RCN: $154.493.00 Exterior A4%: 0 [Dan Oils 94: 0 Phys Deter%: 0.8 interior Adl%: 0 Other Ott 91c 0 Phys Dater$: 123594 Amateur A4%: 0 RCHLD To: $30,899-Bo RCNLD CwVSF $1.37 Mrtay5F: $0.00 Monday.May 21,2012 Raga 15 of 24 Page 28 of 52 CBOE_COMM 01( WELD COUNTY ASSESSOR Accounts: 188 PROPERTY PROFILE Parcel s:147125000015 Lyra r. ma 1s: IH Swan Buildig s: 15 Condo BF Condo%Land: Condo%Bldg: Wit Typo: Landscaping Ty: Properly Typa: Commercial 0 1 $0.00 Wally: Law MAO: 4901 Occupancy: PhrserylGreeltn a Condition: CM-Typical NNW Est: 00 Perlma n 4218 Ibad Adel: 1 Percent Camp: 100.00% huisidud Bull As BWad Built As: Nur erytG1eetho use Year But 1973 Construction Type: S Yew Remodsbd: 1973 FWAC: Hone %Remodelod: 1 hupllor huh: Aq Year Bit: 1973 Roof Coax: Effective Age: 35 Bit As SF: 321300 Mh Mike: it of Baths: Tag Langl WWtdth: X s of Bdms: Tag Length/Width: X s of Sorbs: MO Skirting LF: Stow Height 10 IAN Skirting Type: Spinkler BF: Diameter: Lys: Height: Building OWNS Value Details RCN CoaVSF: $3.88 Cosign Adl%: 0 Fusrc Obs%: 0 Total RCN: $1,249,857.00 Exterior 14%: 0 Egan Obs IN: 0 Phys Deer%: 0.8 Interior Ail%: 0 Other abs We 0 Phys Dspr l: 999986 Amager Ail%: 0 MILD$: 5249,971-00 RQILD Coati* $0-78 Marka118F: $0.00 Monday.May 21,2012 Page 16 0124 Page 29 of 52 CBOE_COMM_O WELD COUNTY ASSESSOR Account a:X65186 PROPERTY PROFILE Parch 6:147125000015 Load NH Spa: IN Spat: Bel dig a: 18 Condo SF Condo%Land: Condo%Bldg: Unit Typo: Landscaping$: Property Typo: Co.TUUS 0 1 $0.00 Ought Average Mold: 4001 Occupancy: Nursery/Greenhouse Condition: CM-Typical Mhd Est: 00 Pariswter: 678 MAW 14: 1 Percent Comp: 100.00% Individual BUM As DWad Butt As: Nursery/Greenhouse You BUM: 1990 Construction Typo: S Year Ibmodobd: INAC: None %Remodoled: Monier Finish: A4 Year BM: 1990 Roof Corer: Obalba Ago: 18 Bust As SF: 28730 Mh Make: S of Balhs: Tag LwlgtlVWldth: X S of Bdnnna: Tag Lengthily/kith: X s of 8lsrbs: Mb Skirting LF: Story lbight: 12 MH Skirting Typo: Swan SF: Oianatet Capacity: Height: Building Seta Value Datafb RCN CosVSF: $5.80 Design AdJ%: 0 Fuca at.%: 0 Tot RCN: $166.634.00 Exterior Mj%: 0 Eoon Ott%: 0 Pins Dater%: 0.6 Interior MI%: 0 Other Cam%: 0 Phya Deer$: 99980 Amspur Add%: 0 ROILS$ $66,654-00 RCNLD CosVSF $2m MakolfSF: $0.00 Monday.May 21,2012 Page 17d24 Page 30 of 52 CBOE_COMM_OL WELD COUNTY ASSESSOR Accounts:86265186 PROPERTY PROFILE Parcel 9:147125000015 Leal f: NH Sal*: rn sPa: Building e: 19 Condo SF Condo%Lan: Cando%Bldg: Unit Typo: Landscaping S: Propry Typo: Commercial 0 1 $0.00 O1sMry: Average its 4901 Occupancy: Shed-Uhlty Condition: CM-Types Wad Ext: 00 Park er: 2022 lbld A4: 1 Percent Comp: 100.00% Ydvidaal Built As Detail Built As: Comer Shed-U6ty Year Built 1993 Construction Type: D Year Remodeled: MRAC: Hone %Remodeled: M adar Finish: A4 Year Bk: 1993 Roof Carer: Elbctivo Age: 15 Built As SF: 16704 NM Make: e of Bade: Tag LangtlfWidth: X it of 8dms: Tag LanggWWdth: X it of Stories: 1 Yh Skirting LF: Story Wight: 12 YH Skirling Typo: Spdrlldor SF: Diameter: Capacity: Height: Built As: Comm Shed-Wily Yam Bulb 1990 Construction Typo: D Year Remodeled: WAG: Nine %Remodbled: Maria Finish: *4 Year BM: 1900 Roof Coven amain Age: 18 Built As SF: 11136 Yh Wks: i of Baths: Tag LengthWidit: X if of Bdrns: Tag LengtWWldth: X e Di Stories: 1 Yh Skhting LF: Spry!bight: 12 FAH Skhting Type: Spdrddor SF: Diameter: Capacity: Height: Monday,May 21,2012 Page 18 c424 Page31 of52 CBOE_COMM_010 WELD COUNTY ASSESSOR Accounts:R6265186 PROPERTY PRORLEParcel t 147125000015 Liana ran sane: imam: Suit As: Conn Shed-Uffy Year Bust 1900 Construction Type: 0 Year lbmodebd: WAG: Ibne V.Ibmodeied: inner Finish: Ad Year St 1900 Roof Coven Effective Age: 18 Bait As SF: 17590 Mk Make: s of Bags: Tag LangUVWldth: X a of Odin: Tag LengUYNBdth: X a of Starlit 1 ilh Siring LF: any Right: 12 MH Skirting Type: Sprinkler SF: Dingier: Capacity: Height: Built As: Comm Shed-Uffy Year But: 1902 Construction Type: S Year Ramadend: INAC: Iona %Rrn odeled: Inferior Finish: Add Year Br: 1902 Roof Coven Effective Aga: 16 Built As SF: 5254 Yh Make: s of Baths: Tag LangUYWfdp: X s of 8drms: Tag Length:Width: X s of Serbs: 1 Mh Skrting LF: Spry[bight: 12 Mil Skirting Type: Bprirtbr SF: Diameter: Capacity: Haight: Built As: Lean-tos Year Built: 1993 Construction Type: S Year Remodebd: MIAC: Wog %Remodeled: Mimics Finish: Ad Year Bit: 1993 Roof Coven Effective Ago: 15 Suit As SF: 2890 Yh Make: S of Balls: Tag LengUYYMdth: X e of Bins: Tag Lain/Width: X s of!Herbs: 1 Ish Skirting LF: Spry Height 10 UN wrong Type: Simirddsr SF: Diann Capeeiry: Height: Monday,May 21,2012 Page 19 of 24 Page 32 of 52 CBOE_COMM_OIC WELD COUNTY ASSESSOR Account t:86265186 PROPERTY PROFILE Parcal 147125000015 raw s MUM 1m Srere: Built As: Nursery/Greenhouse Year But 1983 Corstruwtlon Type: S Year Ramodsbd: IWAC: None %RsmodSled: interior Rnisfl: A4 Year Bk: 1993 Roof Corer. Effective Ape: 15 Built As BF: 7968 Mh Make: s of Balks: Tag LangitYNMdc X it of Mims: Tag Length/Width: X S of Slabs: 1 Mh Skirting LF: Spry Height: 10 MR Skirting Typo: Bomar SF: Dish aWr. Capacity: Height: Building Details Bldg 41: 19 Units Unis Price RCN Actual Wy j ,}� spy OS y�$ tik Value p ,„ .. 1+°Mvgtie�triti" "H,L. ES t . :4 QiPPf!n�. .. .. Loading Wets Earaated Core WHIN&Floor 10980 $12.04$13x.19920 $26.440.00 OFFICE/EIREAK FINISH 2088 $7.00 $14,616 00 $2,923.00 PASSAGEWAYS 2433 $6.30 $15,327.90 $3,066.00 Value Details RCN COW SF: $10.84 Cosign Adl%: 0 Flats Obs%: 0 Total RCN: $840,640 00 Eslactor M%: 0 Scan OW%: 0 Phys Depr%: 0.67 Interior Adl%: 0 Oiler Obs%: 0 Phys Days$: 584307 Amapur Adl%: 0 RCNLD$: $256,333.90 RCNLD Cast/SF $4.10 Marka$'SF: $0.00 Monday,May 21,2012 Page 20 0f 24 Page 33 of 52 CBOE_COMM_O1( WELD COUNTY ASSESSOR Account*:R5265186 PROPERTY PROFILE parcel a:147125000015 Lerat wsegs: wsprs: Building F 22 Condo 8F Condo%land: Condo X Bldg: Udt Typo: Landscaping$: Properly Typo: Commercial 0 1 $0.00 Quality: Nora NUS: 4901 Occupancy: Other OB Condition: CM-Typical Nbad Eat: 00 Primer: 0 Nbad P4: 1 Pasant Comp: 100.00% ideidual On As Octal Bust As: Other OH Yom Built Construction Typo: Yam Ramodctad: NiAC: None %Remodeled: ksflar Filth: A4 Tear BM: Roof Coven ENogMo Ago: 0 Built As BF: 0 Mh Maim: i of Bator: Tag Length/Width: X s of Bdnns: Tag Length/Width: X i of Stabs: Mh Skirting LF: Story FbMlht: MN Skirting Type: Spuiiler SF: Diameter: Capacity: Height: Building Debits Bldg*: 22 Units Unis Price RCN Actual �'p �t�t '�yy��aa�y�,. Value '4141: s ra tl*Ct', n � xr�°,' idW Vlla!RMle' ,rte '';'44/;"a44. ,4V v +,d„y,°4 v..w�.h;;-` 15000 GAL WATER TANK 2 $16,000.00 $32,000.00 $6,400.00 210000 GAL WATER TANK 1 $81250.00 $87250.00 $17,450.00 80000 GAL WATER TANK-USED 1 $56,000 00 $56,000.00 $11200.00 Value Debits RCN CosI/8F: $0.00 Cosign AdJ%: 0 Fungi Ohs%: 0 Total RCN: $175250.00 Exterior Ash%: 0 Econ Ober%: 0 Phys Dap%: 0 Interior AdJ%: 0 Otar Ohs X: 0 Phys DIM$: 140200 Amaper Ali X: 0 RCNLD$: $35,050.00 RCNLD CoeYBF $35,050.00 Yriat9F: $0.00 Monday,May 21,2012 Page21 i24 Page 34 of 52 CBOE_COMM_01( WELD COUNTY ASSESSOR Account::H6265186 PROPERTY PROFILE pray t 147125000015 Loess. rat sag*: Nuance: Building it: 23 Canto SF Condo%Land: Condo%Bldg: Unit Type: Landscaping$: Propay Type: Commercial 0 1 $0.00 Quality: Low lbld: 4901 Occupancy: NurseryiCreenlnnse Condition: CM-TYPE NUS Ext: 00 Parilepf: 0 lbad A4: 1 Po:oam Comp: 100.00% indteid7W Bull As Dept Built As: gummy/Greenhouse Year But 1992 Carspsyin Type: S Year Renadelsd: WAG: None %litnodolod: Marla Finish: A4 Year Bit: 1992 Roof Covet Ef ocd ve Aga: 16 Built As SF: 1 Mh Nalco: s of Bats: Tag Le ggYWfdth: X s of edam: Tag langdhWida: X s of Blorbs: Mh Skirting LE: Story Sight: NH Skirting Typo: Spriniir SF: Dim s: Capacity: Height: Building Details Bldg*: 23 Urits tints Price RCN Actual b Vabo� Hoop House x� 1 tpt-00 $000 $0.00 yy��a.L bjk`X.�Tu+ a 5 HOOP HOUSES O 2,880 SF 14400 $0-44 $6,336-00 $6,336.00 Yalta Details RCN CosYSF: $3.69 Design Adj%: 0 Fare Ohs%: 0 Total RCN: $6,340.00 Exterior Adj%: 0 Ec n OW%: 0 Phys Dept%: 0.63 iprior Adj%: 0 Other Ohs%: 0 Phys Dater$: 3 Amateur Adi%: 0 ROAD$: $6,337.00 RCNLO CostSF $6,337.00 Markel/SF: $0.00 Monday,May 21,2012 Page 22 of 24 Page 35 of 52 CBOE_COMM_Otl WELD COUNTY ASSESSOR Accout*:86265186 PROPERTY PROFILE Parcel s:147125000015 Salt misetli: war: Buildings: 24 Condo SF Condo%Land: Cando%Bldg: Unit Tlpo: Landacsping$: Properly Type: Coin ne.ci l 0 1 $0-00 Ouagbr: Law Mkt: 4801 Occupancy: Nursery/Greenhouse Condition: CM-Typical lbld Eat: 00 Perimeter: 0 lbld AM: 1 Pasant Camp: 100.00% Individual Built As Detail Suit As: Nursery/C-+aenhouse Ten Built: 1894 Construction Typo: S Year Remodeled: IWAC: None %Remodeled: Interior Finish: MI Year BM: 1994 Roof Cover: Effective Aga: 14 Built As SF: 1 Mh Make: s of Baths: Tag Length/Width: X s of Bdmte: Tag La1MNWWgc X s of Stories: Mh Skirting LF: 91oq Relight: MR StlrtMg Typo: Spdr*ier SF: Oiamoter: Capacity: Height: Building Dolals Bldg e: 24 Urals Units Price RCN Actual Value A „gr e ' t e,. `+ r ` �`•MRS! `d'sa a hw'y,F -sF`n ' it£�.`:4v4.9f .i�M'.E`.tN+`'i a% �'t�r: {�J,n ae?Cwn..3v.., .., .r �. ::i 1 $0.00 $0.00 $000 O1PHoop House ' d„ �' tf µ`g+, ¢'q „y�.}�^r, � , �. .. Hoop Hou se $$0044 $17,740.80 $17,740.90 Value Details RCN CostVBF: $3.89 Design Adj%: 0 Frew Obs%: 0 Total RCN: $17,745.00 Eilaior Add%: 0 Eoon Obs%: 0 Phys Dept'%: 0.55 interior Ail%: 0 Other Obs 9L: 0 Phys Deter$: 2 Amateur Adi%: 0 ACRID$: $17,743.00 RC1{LD CosYSF $17,743.00 Mu*sYSF: $0.00 Monday,May 21,2012 Page 23 of 24 Page 36 of 52 CBOE_COMM_( WELD COUNTY ASSESSOR Aacorta:86265166 PROPERTY PROFlLE Parcel s:147125000015 talk MI 1W I: err Spew: Building a: 25 Condo BF Condo%Land: Condo%Bldg: Wit Type: Landagapig S: Property Type: Commercial $0-00 Waft: Average NOM: 4001 Occupancy: Greathouse Shade Shelters Condition: CM-Typical Net Est: 00 Perimeter: 760 NUM A4: 1 Percent Camp: 100.00% kndividnd Bull As Derail Built As: Greenhouse Shade Shelter Year But 2000 Corotuotbn Type: S Year Remodebd: HYAC: l4one %Remodeled: vsdr Finish: A4 Year Bt: 2000 Roof Cover: Effective Age: S Bull As SF: 35200 Mh Make: e of Baths: Tag Length/Width: X a of educes: Tag Length/Moth: X a of Sprits: 1 Mh Skktkg LF: Spry Wight: 12 MH SM'thg Type: Spdniler SF: Diameter: Capscly: Height: BWlding Details Value Detals RCN CosVSF: $1.47 Design Aril We: 0 Rine Obi%: 0 Total RCN: $51,744.00 Exterior Adi%: 0 Egon Obi%: 0 Phys Dspr%: 0 Interior Atli%: 0 Offer Obi%: 0 PhIs S: 0 Armour A4%: 0 RCNLD$: $51,744.00 RCNLD Cost/SF $1.47 MrleWSF: $0.00 Monday,May 21,2012 Page 24 d 24 Page 37 of 52 CBOE_COMM_ e WELD COUNTY ASSESSOR Account t:86411486 PROPERTY PROFILE Parcel a:147331201005 Lacer. EH sans: en swat Appr Yuan.2009 Levy:Marne? s of BNps:4 Cra le On:09116/1986 Tax Dist:2497 1{ap x:2406 LEA:9210511 Active On:19690101 Assign To:WJM Initials:JPT ACCt Type:Agalnaal kiactkuTn: New Growth:Marne? Last Updated:12'16/2009 Oerwrs Nome and Address: Property Addis's: TAGAWA GREENHOUSES INC Sweet: 17999 4 CR City: WELD 17999 CR 4 BRIGHTON CO 80601 Business: Sales Summary LegP OasMP1Nn 10674 L67 TO 64 N I1V431 166 ALSO THAT PT OF NEINW4 BEG NE G0R L67 S TO SE 0OR La ECU N24D10W 430 RIME 666'POW 3r'TO N IN SEC w26O TO BEG EXC BEG 4603 OF NW CAR OF SEC WOW E300'112W MCC TO BEG EXC UPRR RES(ID l.96R) Land Valuation Summary Abet Square Unk of Number Value Actual Assort Assessed land Typo Ag Code Code Feet Measure Of Units Pr Wei Value Peron Value Agcu1Wral P II 4107 1,486.224 Acres 34.119 $379.42 $12,945.43 0.29 $3,750 Agcultural P III 4107 404.585 Acres 9268 $276.41 $2,567.30 0.29 $740 Commercial 4180 0 Acres 4.5$25,000.00 $112,500.00 0.29 $32,630 Agricultural P I 4107 192,971 Acres 4.43 $429.93 $1,904.59 0.29 $550 AgcUlturel P IV 4107 171,757 Acres 3.943 $152.41 $600.95 0.29 $170 Monday,May 21,2012 Pagel of 7 Page 38 of 52 CB0E_C0MM_01( WELD COUNTY ASSESSOR Accounts:86411486 PROPERTY PROFILE Parcel r.147331201005 Last all Saar wawa: Land Subtotal: 56.22 $13451627 $37.840 Buildings Valuation Sundry Mat Awl Alaoased Bldg I Property Type Cods Occupancy Actual Value Permed Veda 1 Commercial 2230 200-Masan/Grandmas $78,296 020 $22,706 2 Commercial 4280 406-Singe Warehouse $36,124 029 $10,476 3 Commercial 2230 209-Nurseq/Greentallze $34,569 029 $10,025 4 Conanofc181 4280 406-Storage Warehouse $87,787 05 $25,458 Improvements Subtotal: $226,776 sees Total Property Value $331,204 $106,505 'Approximate Assessed Value Building e: 1 Cando SF Condo%Lard: Condo%Bldg: Unit Typo: Landscaping$: Property Type: Commercial 0 1 $0.00 Oualid: Far llbld: 4001 Occupancy: Nursery/Greenhouse Condition: CM-Typical Maid Est: 00 Palmer: 2716 MS MI: 1 PeraPnt Camp: 100.00% Monday.May 21,2012 Page 2 of 7 Page 39 of 52 CBOE_COMM_O1C WELD COUNTY ASSESSOR Accounts:F15411486 Pascal PROFILE Pascals:147331201005 Local ax arga-. MI Spice: hrdiridwi Bub As Dalai Built As: Nursery/Greathouse Year But 1973 CaWnmtlon Type: S Year Remodeled: MIAC: Woe %lbmodNed: barrier Finish: A4 Tar Bk: 1973 Roof Cone Effective Ago: 35 Bust As SF: 68540 Ilk fake: s of Baths: Tag tangWMbdth: X S of Bdrms: Tag Length/Width: X S of Stories•. tlh Skirting LF: Glory Sight: 10 MN Skirting Type: Synder SF: Diameter: Capeeky: Height: Belding Details Value Details RCN CoUVSF: $5.71 Design Adj%: 0 Fine Obs%: 0 Total RCN: $391,478.00 Exterior P4%: 0 Econ Ohs%: 0 Phys Dept%: 0.8 kitesr Adj%: 0 Other Ohs%: 0 Phya Deers: 313162 Amebas Adj%: 0 RCM.D k $78,296.00 RCNLD CO*VSF $1.14 klarksflF: $0.00 Monday,May 21,2012 Page 3 of 7 Page 40 of 52 CBOE_COMM_011 WELD COUNTY ASSESSOR Account s:86111486 PROPERTY PROFILE Parcel a:147331201005 urys. rarseq#: NH spot Building if: 2 Condo SF Condo%land: Condo%Bldg: Unit Typo: Landscaping$: Property Type: Commercial 0 1 $0.00 Quality: Average tend: 4801 Occupancy: Storage Warehouse Co ton: CM-Typical fold at: 00 Perimeter: 540 lend P4: 1 Percent Comp: 100.00% ktidual Built As Detail Built As: Storage Warehouse Year Suit: 1980 Construction Type: D Year Romodofed: IWAC: Steam %Fbmodoled: Interior Finish: A4 Year Bi: 1980 Roof Cover: Effective Pile: 28 Built As SF: 1152 Yh Make: s of Bads: Tag Iaigtli/Nidth: X s of Bdrns: Tag La gWNSdth: X s of Slorfes: 1 Yh 9kkthg LF: SIM Sight: 8 YH Sldrtkg type: Sprinider SF: Diameter: Capacity: HMS: Built As: Storage Warehouse Year Bugg 1973 Construction Typo: D Year Rearodebd: I1YAC: None %Ibmodslsd: Interim Finish: Adj Year Bit: 1973 Roof Coven Effective Age: 35 Built As SF: 5700 Yh Make: s of Baths: Tag LaneNWidth: X S of Bdrns: Tag LangtiVMAdth: X S of Blares: 1 Yh Bdrting LF: Story Sight: a NH Skirting Typo: Sprinkhrr SF: Diameter. Capacity: Height: Building Details Monday,May 21.2012 Palma of 7 Page 41 of 52 CBOE_COMM_01 WELD COUNTY ASSESSOR Account s:86411486 PROPERTY PROFILE parted f:147331201005 LOCO R III Sag I: IN Spam Yalu Dstab RCN CosVN $32.95 Design Adj%: 0 Furs Obs%: 0 Total RCN: $225.773.00 Exterior Adj%: 0 Eoon Obs%: 0.15 Pbys Dept%: 0.69 Interior Adj%: 0 Other Obs%: 0 Phys Dater S: 155783 Anaprt Adj%: 0 RCNID$: $36,124.00 RCNLD Co*BF $527 Yrka49F: $0.00 Monday.May 21.2012 Page 5407 Page 42 of 52 CBOE_COMM_01 WELD COUNTY ASSESSOR Account s:H64i 14e6 PROPERTY PROFILE Parcel s•147331201005 Local rm Sol It: NH Spam Building a: 3 Condo SF Condo%Land: Cando%Bldg: Wit Type: Landscaping$: Puopary Typo: Commercial 0 1 $0 00 Gustily: Average Nbad: 4901 Occupancy: N rseryl(koerthaaa Condition: CM-Typical pbld Ext 00 Perimeter: 928 lead Aq: 1 Permit Comp: 100.00% kdteldual Built As Octal Bugt As: Nursery/Greenhouse Year Built 1973 Construction Typo: S Year Bamodebd: IWAC: Nona %Remodeled: Marks Finish: A4 Year Bk: 1973 Roof COMM: Efbcdvs Ago: 35 BIM As SF: 24552 Mh Mike: S of Baths: Tag LengMYWWIh: X S of admit: Tag LanahfWldth: X s of Stories. Mh Skirting LF: Spry Night 10 MH Skirting Typo: Wilda(SF: Minster: Capacity: Sight: Building Oxtails Value Data RCN CosVSF: $7.04 Design AdJ%: 0 Foam Ott%: 0 Total RCN: $172,846.00 Exterior MJ%: 0 Ecan Obs%: 0 Phys Dapr%: 0.8 Interior MJ%: 0 Other Obs%: 0 Ptrys Deter$: 138277 Amateur Arq%: 0 RCNLD$ $34,569.00 RCNLD C0*VSF $1.41 YarfmtSF: $0.00 Malay,May 21,2012 Page 6 6f 7 Page 43 of 52 CBOE_COMM_01C WELD COUNTY ASSESSOR Accounts:86411486 PROPERTY PROFILE perms a:147331201005 uryr. NM spat WI Space: Building t. 4 Condo SF Condo%land: Condo%Bldg: Unit Typo: Landscaping k Prapary Typo: Commercial 0 1 $0.00 Dually: Fair Mid: 44101 Occupancy: Stage Warehouse arehause ardlion: CM-Types Nhhd at: 00 Parisualar: 332 Nbad AI: 1 Partant Comp: 100.00% MMidual Mill As Dotal Built As: Storage Warehouse Your Bust: 1988 Construction Typo: D Year Bamodebd: WAC: None %femodoled: 'Mortar Finish: A4 Year BI: 1988 Roof Carer: EScWo Aga: 20 Bust As SF: 6888 Mh Make: a of Baths: Tag Ia gtt Width: X a of Bdnns: Tag LangtllWldlh: X if of Scarier. 1 Mh ffiIting LF: Spry Height: 12 MH Skirting Typo: Spdrtbr SF: Ofamstar: Capacity: Haight: Building Doak Value Delds RCN CoaVSF: 125.40 Design AdI%: 0 Flnc Obs%: 0 Total RCN: $175,575.00 Exterior Adf%: 0 Eoon Obs%: 0.2 Pigs Dapr%: 0.3 Interior Adl%: 0 Other Obs%: 0 PhysDepr$: 52673 Amateur A4%: 0 RCNLD$: $87.787.00 RCNLD CosvSF $1274 MarIaflF: $0.00 Monday,May 21.2012 Page 7 017 Page 44 of 52 CBOE_COMM_01i Photos and Sketchs R6265186 35 • • - Greenhuule J 1750.015 II ,. lir 43 C - t . . tar age?00 240' 1ONO' .• A - .. 20.0' co 46.0 OP r,(( 1 12 Sicr R.94.99199409 20 7001 Cm,Floor 2489.0 el 610080 25.0 218 25.0 acme Roof 1025091 Wn 105091 2 —— Bldg 1 ! i - 850.0' Second Floor N 20' i, 2796.0 sf w Remodel Unk Bit 1985 • - Class S 22' • Space Heat m loo.a .W ' 20'Wh y, Storage Warehouse/Office - 38 c C Office r+ 2 STORY 26.0 100.0 -- 20.0' 191 level 1,800 sq R -. .._ Main Oak and level 1,800 691 R I 50.a 09 '20 2007 Bldg 2 1310g 113 Afm05ph010 Control Room for lir 444 O' :f0889e WlrN1011fe BR 1985 Casa 9 *Nee 101 r81 �__t. _ IY'.': �.� 1-..m•' 5976.0 so R. 41 5. Bldg 3 Page 45 of 52 CBOE COMM 01C R6265186 20 0' Zo s' 20 0' Bldg YA 6 0' 120' 1.0' Storage Warehouse i Blt 1872 Class S No Heat r ..,j l-. '�- 60.0, 30&ID sq.h. 05/23/2012 350. ._ ears w-N.b.-._ Bldg 4 a1.n 12.o' Bldg#5 160 •�„� 1480 0 sq.R. 120.0' Storage Warehouse --._ Bit 1974 Class S • 10'wh �r;- No Heat �' Giii may Total sf 6,060 120.0' 4 4800.0 sq.R. — 05/23/2012 i00 Bldg 5 41.C 22' Bldg#6 *I Z- Main Boiler RoomlShop Breakraom Storage Warehouse that Bit 1972 3.444 sq.ft. A Class S • a G 12'x11 r6. C r. 90dxIPiWM/Steem Heat M5,520 sq R amman added 506.0 sf year of construction unkno/m 9420.5 sf 20 Areas in yellow are non calculating - _ 16• 3816.0 54.R. Measure from aerial II R �t .09/2 a Bldg 6 Page 46 of 52 CBOE_COMM_0' R6265186 No Photo ---- Bldg 7 ea w 419 Stamp warden. INS Zriel lit WI 1136 e d I " 995.0 Sf Bldg 8 - - Range A Bit 1985 Metal Pole Bldg#9 1 Polycarbonate 71712.0sf - 1392.0 sf b. 1 - - 14 410 41.5 41.5' 415 41.5 41.5 415 415 415 415' 410 410 - 498.0' 05 23/2012 Bldg 9 Page 47 of 52 CBOE_COMM_01 R6265186 Bldg#10 Greenhouse 525.0 sf Bit 1976-1978 is — h 216' �^ • 52560,0 sf IN 72' I—7i Entire Floor Cement c:P r. �l�t Bit 1977 Part Range D t 1� Straight wall 28800.0 sf o Gable roof Range C Chamber Blt 1976 Straight wall Gable roof 360.0' 192.0' - Bldg 10 Bldg*13 . ;-S I t Part of Range D Greenhouse &1 1987 ,/\ 6 Lines ' Straight Walls Gable Roof ul� - - 21600.0 sf 9 WH Iht . - -- ..h.r Wi� 1ti Bldg 13 152' M 1 Greenhouse Range E&F Bit 1971 5 units _ l Straight wall Gable roof 20808.0 sf 05/23/2012 6Li Bldg#14 92 - Bldg 14 Page 48 of 52 CBOE_COMM_010 R6265186 Bldg 815 i Greenhouse Range 1&2 Blt 1970-1972 • 12 unds 1 Straight walls Gab*roof 102000.0 sf • • 05/23 2012 Bldg 15 Bldg•18 178' 4k Greenhouse Range 6 '.� 8111990 4 units (��T Straght wall Gable roof 29978.0 sf r 170' 05/23/2012 Bldg 18 48.8 SB.C b 8189119 g Range 5 Noah Loading Dr • twos l}4 R ' bP •+ Total 72,848 sq.ft. o le 5 n Bea WS i°i 98.0' ANe aE 0q 688 Rt 05:23/2012 201 . 1• 18 Bldg 19 Page 49 of 52 CBOE COMM_01C R6265186 !JP" iTikplinnot IN VIII t Bldg 22 Bklo 823 30.0' 30.0' 30.0• 30.0' 30.0• Hoop House 1311092 Pipe Frame b Double b Polyethalyne $ No Heat 2880.0 sf 2880.0 of 2880.0 sf 2880.0 sf 2f180 st 05:'23;'2012 Bldg 23 No Photo Bldg 24 -- 16, I Greenhouse shade shelters ro Range 10 Blt 2000 Metal skeleton frame =+ a t1i:Cd�.. - 14'wh Dirt floors -" No Heat • 53600.0 sf 0523;2012 Bldg 25 Page 50 of 52 CBOE_COMM_01( R6411486 1280' Greenhouse I - Range 1 I BMg Cl(005) : -_ulm Bit 1972 a Metal lrarmaiWood Truss Fiberglass sidewalls Triple Wall PolycarbonM Root Covenng Total 52,992 sq ft .. 19200.0 sf 8'Wli 211 •s ._ Y •. a Graenhose Greenhouse i C 1 Range 3 Range 4 rggp� E€ 84 1473 Blt 1976 j.%q _'.I- L It ..10 >)f' lX. ,. mD MOW frame Metal Frame gime. FCerpiass sOes a Roof ri 32592.0 sf 9 _ '#' 05/23'--0 2- . sr 132' Bldg 1 nrsl Floor 168.0 el l6' v.i Utility Shed F i Flow . 72B.O sf Utility Shed g 0 31' IL N r _ .. S ti•�. 9I0p f2 • '0061 /Ira Pew \p 16M3429.0 sr liniew 16d Storage Warehouse BR 1013 'I Cr050 5 R 81 WH 65.151 Mouu 9 Coder 05/23/2012 se Bldg 2 142.0' l il Bldg#3 Greenhouse 0 1`"n 22152.0 sf .. N ._ 1.i Blt 1988 Metal Frame Fiberglass sides Double Polycarbonate 156.0' • t i — -- — Range 5 • _ ..�wa!- 05/23/2012 15 _. Bldg 3 Page 51 of 52 CBOE_COMM_01 R641I486 Bldg 4 Storage Warehouse Bit 1988 Class S 12'wh T.iw ry 20' First Floor First Floor 6888.0 sf 640.0 sf ' ry Office Break _ - 5, Room 05/23/2012 25' 82' Bldg 4 • 15.5' First Floor .1 480.5 sf 8'W H Pump House ;y Bldg 5 M 05/23/2012 Bldg 5 90' Range 2 First Floor 13320.0 sf BR 1973 Metal Frame Steel Bow Double Polyethylene io Fiberglass Sides • ... .. :1.5 30.5 05/23/2012 1320.0 sf - 132 Bldg 6 Page 52 of 52 CBOE_COMM_0 T ._._ F & S Tax Consultants "' a 11540 W. 69' Way U.S. POST! Arvada, CO 80004 II\ ARv CO 0004 il ✓�neosr imvs DEC 12.•11 eosrersmvicr MOUNT 70_L1 15717 0002 6843 1116 1000 55545! .-...-80639 - -080-37583 County Board of Commissioners i ^� F'' 915 10`" Street A3R e P.O. Box 758 N O� c4, •. • s Greely, CO 80632 frIt E�:._I::::fa_: -:. ei Si.. ,_) ` iliiiiI1,.i,iiimiL„I,i1LiN„JJ.I,L.i,:1di1,i1,1 CLERK TO THE BOARD PHONE: (970) 336-7215, EXT. 4226 1 8 6 I - 2 0 1 1 FM: (970) 352-0242 1150 O STREET TI P.O. BOX 758 GREELEY, COLORADO 80632 s WELD_EOUNTY u May 31, 2012 TAGAWA GREENHOUSES INC 17999 CR 4 BRIGHTON CO 80601 RE: SCHEDULE NUMBER R6411486 and R6265186 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: 17999 County Road 4, Brighton, Colorado. The meeting is scheduled for June 25, 2012, 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 petitions. 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 4226. Sincerely, Tonya Disney Deputy Clerk to the Board cc: Assessor Attn: Ron Sandstrom F & S Tax Consultants 11540 W 69th Way Arvada CO 80004 CLERK TO THE BOARD PHONE:(970)336-7215,Ext.4225 1861 - 2011 FAX:(970)352-0242 1150 O STREET P.O.BOX 758 GREELEY,COLORADO 80632 WELD_eOUNTY July 18,2012 TAGAWA GREEENHOUSES INC 17999 CR 4 BRIGHTON CO 80601 RE:SCHEDULE NUMBER R6411486 and R6265186 Dear Property Owner: On June 25, 2012, 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, Tonya Johnson Deputy Clerk to the Board cc: Assessor Attn:Ron Sandstrom F&S Tax Consultants 11540 W 69th Way Arvada CO 80004 Hello