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
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Mar
State of a4'ZLoi442`� l( Nceppuble
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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
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