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HomeMy WebLinkAbout20111869.tiff a CLERK TO THE BOARD VI PHONE (970) 336-7215, Ext. 4226 FAX: (970) 352-0242 1150 O STREET P. O. BOX 758 GREELEY, COLORADO 80632 COLORADO August 26, 2011 WEST GREELEY ASSOCIATES LLC C/O FRED NORTON 8401 S KOLB RD No. 236 TUCSON, AZ 85706-9113 RE: THE BOARD OF EQUALIZATION, 2011, WELD COUNTY, COLORADO - STIPULATE PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE DESCRIPTION OF PROPERTY: ACCOUNT #: R1747686 PARCEL #: 095901318024 - GR 17322-A PT SW4SW4 1 5 66 COM SW COR SEC N372.01' N88D38'E 50.02' TO BEG N88D38'E 146.11'TO PT ON CURVE (CHORD N63D33'E 38.5')N38D28'E 71.25'N81 D57'E 193.62'S426.69' S88D46'W 324,74'TH ALG CURVE TO RIGHT(R=90'CHORD N45D36'W 128.63')N240.17'TO B Dear Petitioner: On July 26, 2011,the Board of County Commissioners of Weld County, Colorado,convened, and acting as the Board of Equalization, pursuant to Section 39-8-101, C.R.S., et.seq., considered the Stipulation on your petition of appeal of the County Assessor's valuation of your property described above, for the year 2011. The Stipulation was entered into between the Assessor and said petitioner(s),and accepted by the Board of Equalization, agreeing that the assessment and valuation of the Weld County Assessor be Stipulated as follows: ACTUAL VALUE AS ACTUAL VALUE DETERMINED BY AS STIPULATED ASSESSOR $2,976,080 $2,400,000 2011-1869 de. '. T7/e//er) - ac// AS0079 WEST GREELEY ASSOCIATES LLC - R1747686 Page 2 If you have questions or need additional information, please do not hesitate to contact me at (970) 336-7215, Extension 4226. Very truly yours, Esther E. Gesick Deputy Clerk to the Board cc: Christopher Woodruff, Assessor THOMSON REUTERS 1125 SEVENTEENTH ST SUITE 1575 DENVER, CO 80202 2011-1869 AS0079 2011 COUNTY BOARD OF EQUALIZATION WELD COUNTY ASSESSOR'S ACCOUNT NUMBER R1747686 STIPULATION (As To Tax Year 2011 Actual Value) RE PETITION OF NAME: West Greeley Associates LLC ADDRESS: 8401 S. Kolb Road #236 Tucson, AZ 85706-9113 Petitioner(s),West Greeley Associates LLC and the Weld County Assessor,hereby enter into this Stipulation regarding the tax year 2011 valuation of the subject property, and jointly move that the Board of Equalization to enter its order based on this Stipulation. Petitioner(s) and the Assessor agree and stipulate as follows: 1. The property subject to this Stipulation is described as: GR 17322-A PT SW4SW4 1 5 66 COM SW COR SEC N372.01' N88D38'E Aka Centennial Commons 2. The subject property is classified as Commercial property. 3. The County Assessor originally assigned the following actual value to the subject property for tax year 2011. Land $ 614 123 Improvements$ 2.361,957 Total $ 2,976,0800 4. After further review and negotiation,the petitioner(s) and Weld County Assessor agree to the following actual value for the subject property. Land $ 614,123 Improvements$ 1,785,877 Total $ 2,40Q000 ,?cell— '849 5. The valuations, as established above, shall be binding only with respect to tax year 2011, 6. Brief narrative as to why the reduction was made: Value was adjusted based upon the general market prices per sq. ft. that were in place in the base period, additionally the income was considered as backup for the market. 7. Both parties agree that the hearing scheduled before the Weld County Board of Equalization on 07/29/2011 at 11:00 am be vacated; or, a he ing has not yet been scheduled before the Board of Equalization (check if appropriate). DATED this 25th day of July, 2011. Petitio .er(s_orAttorney Petitioner(s) or Attorney Address: Address: Telephone: `�` ;) z" �Lv(� Telephone: W )0 County Ass ssor Address: 1400 N.17th Avenue Greeley, CO 80631 (970) 353-3845 ext. 3656 fro (�er,t ,c > — (sn fin; NOTICE OF DETERMINATION Christopher M. Woodruff= ' - ` Date of Notice: 6/22/2011 Weld County Assessor �'' Telephone: (970) 353-3845 or (720) 652-4255 1400 N 17th Ave Fax: (970) 304-6433 Greeley, CO 80631z-1, 13 A 05 E-mail: appeals@co.weld.co.us www.co.weld.co.us ` '- { Office Hours: 8:00 AM - 5:00 PM SCHEDULE/ACCOUNT N4 t Af I0 TAX AREA LEGAL DESCRIPTION/ PHYSICAL LOCATION R1747686 2011 3399 GR 17322-A PT SW4SW4 1 5 66 COM SW COR SEC N372.01' N88D38'E 50.02'TO BEG x N88D38'E 146.11' TO PT ON CURVE w WEST GREELEY ASSOCIATES LLC (CHORD N63D33'E 38.5) N38D28'E 71.25' O3 C/O FRED NORTON N81 D57'E 193.62' S426.69'S88D46'W 324.74' y 8401 S KOLB RD No,236 TH ALG CURVE TO RIGHT (R=90' CHORD R TUCSON,AZ AZ 85706-9113 N45D36'W 128.63') N240.17'TO B a O 3485 W 10 ST, GREELEY cc ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER REVIEW REVIEW EXEMPT PROPERTIES 63,984 63,984 COMMERCIAL 2,912,096 2,912,096 TOTAL $2,976,080 $2,976,080 The Assessor has carefully studied all available information, giving particular attention to the specifics included on your protest. The Assessor's determination of value after review is based on the following: CM01 - The Colorado Constitution requires commercial property to be valued based on actual value and assessed at 29%. Replacement cost, market, and income are approaches used to determine the actual value of your property. 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 deadline for filing personal property appeals is July 20. 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. THOMSON REUTERS 1125 SEVENTEENTH ST SUITE 1575 DENVER CO 80202 2011-1869 West Greeley Associates Centennial Commons APPEAL PROCEDURES County Board of Equalization Hearings will be held from July 1 through August 5 at 915 10th Street, Greeley, CO 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 915 10th Street, P.O. Box 758 Greeley, CO 80632 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 and on or before July 20 for personal 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 9th Avenue and 9th Street Denver, CO 80203 P.O. Box C (303) 866-5880 Greeley, Colorado 80632 www.dola.colorado.aov/baa (970) 356-4000 Ext. 4520 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, 2010? (Your opinion of value in terms of a specific dollar amount is required for real property pursuant to § 39-8-106(1.5), C.R.S.) $ What is the basis for your estimate of value or your reason for requesting a review? (Please attach additional sheets as necessary and any supporting documentation, i.e., comparable sales, rent roll, original installed cost, appraisal, etc.) R1747686 The property is valued in excess of fair market value based on the three approaches to value: cost, market and income approaches. In addition,the property is valued in excess of other similarly situated properties. ATTESTATION I I, the undersigned owner or agent' of the property identified above, affirm that the statements contained herein and of ny attachments hereto are true and complete. �� JJtt G/ (3<i >) 2•, z- GL°'-i 7/15/2011 Signature Telephone Number Date 1 Attach letter of authorization signed by property owner. Jun 01 11 01 : 17p Norton 520-664-2402 p. 2 LETTER OF AUTHORIZATION To Whom It May Concern: Owner of Record: West Greeley Associates.LLC Hereby appoints and authorizes Thomson Reuters (Property Tax Services), Inc. as taxpayer's property tax representative on all matters pertaining to the 2011 and 2012 ad valorem taxes relating to the property listed below. Until written notice of termination is issued,Thomson Reuters(Property Tax Services), Inc.may have the right to, exclusive to the below listed property,examine property tax records,obtain all property tax statements,and discuss or appeal any property tax assessments with the proper authorities, when in their opinion, the property tax assesstnvent does not constitute fan market value. Additionally,Thomson Reuters(Property Tax Services),Inc.has the right to file property tax appeals to the appropriate jurisdiction,if authorized by law. Instructions: This letter of aathorizatton mast be signed by the OWNER OF RECORD. If the Management Company it acting on behalf of the owner,them a letter front the owner or a copy of the management agreement must be supplied If the Lessee Is initiating the appeal, then a ropy of the entire lease mast be provided to establish props authorization,this lease must state that loses has aathority to appeal properly value. LLC's mast be signed by Manager/Metmbe,Partnerships mast by signed by a General Partner,Corporations mast be signed by an Officer and a Trr at mast be signed'Tansies All Colorado Letters of Authorization manse be notarized Parcel Number Address Jurisdiction State 095901318024 3483-3489W 141'Street Weld County CO Signature: 7,7s4c.c._ Printed Name: en/ /. A/0/2 70", Title: �/}Nlyr/AJS MnEivT • Address: �S�O f .S. f'1'OG.l2 4t) �6 rift _c o.t/ /la RC7≤6 Phone Number: S2 D — 66 51^2 410 Subscribed and sworn before me this / —1 day of C )L1 At a a i Serr Notary Public r• Mar State of a4'ZLoi442`� l( Nceppuble j. Arno Arizona County of 1i Ms4 wComas•gores&is:4� My commission expires (o—I R- l It- • Le. CLERK TO THE BOARD PHONE (970) 336-7215 EXT 4226 FAX: (970) 352-0242 WEBSITE: www.co.weld.co.us ' 915 10TH STREET P.O. BOX 758 �• GREELEY, COLORADO 80632 COLORADO July 25, 2011 WEST GREELEY ASSOCIATES LLC CIO FRED NORTON 8401 S KOLB RD No. 236 TUCSON, AZ 85706-9113 Parcel No.: 095901318024 Account No.: R1747686 Dear Petitioner(s): The Weld County Board of Equalization has set a date of July 29, 2011, at or about the hour of 11:00 AM, to hold a hearing on your valuation for assessment. This hearing will be held at the Weld County Centennial Center, First Floor Hearing Room, 915 10th 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, 2011, and mailed to you on or before August 12, 2011. 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. 2011-1869 AS0079 WEST GREELEY ASSOCIATES LLC - R1747686 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 THOMSON REUTERS 1125 SEVENTEENTH ST SUITE 1575 DENVER, CO 80202 2011-1869 AS0079 Hello