Loading...
HomeMy WebLinkAbout20111879.tiff CLERK TO THE BOARD PHONE (970) 336-7215, Ext. 4226 FAX: (970) 352-0242 115060 O STREET P. O. BOX 758 1 GREELEY, COLORADO 80632 C. COLORADO August 30, 2011 ROYAL GARDENS APARTMENTS LLC 400 WESTWOOD DR DENVER, CO 80206-4132 RE: THE BOARD OF EQUALIZATION, 2011, WELD COUNTY, COLORADO - STIPULATE PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE DESCRIPTION OF PROPERTY:ACCOUNT#: R3573586 PARCEL#: 096118206001 -GR 2RG6- 1 L1 BLK6 2ND ROYAL GARDENS Dear Petitioner: On July 29, 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 $917,245 $880,078 2011-1879 L' e-At7(/ever) 8-31;'-,R49// AS0079 ROYAL GARDENS APARTMENTS LLC - R3573586 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, Yp 6 iC/lvei Esther E. Gesick Deputy Clerk to the Board cc: Christopher Woodruff, Assessor MEISSNER ASSOCIATES PO BOX 630408 LITTLETON, CO 80163-0408 2011-1879 AS0079 CLERK TO THE BOARD PHONE (970) 336-7215, Ext. 4226 FAX: (970) 352-0242 1150 O P. O. BOX 758 WINk GREELEY, COLORADO 80632 COLORADO August 30, 2011 ROYAL GARDENS APARTMENTS LLC 400 WESTWOOD DR DENVER, CO 80206-4132 RE: THE BOARD OF EQUALIZATION, 2011, WELD COUNTY, COLORADO - STIPULATE PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE DESCRIPTION OF PROPERTY:ACCOUNT#: R3573686 PARCEL#: 096118206002-GR 2RG6- 6 L6 & N72' L5 BLK6 2ND ROYAL GARDENS Dear Petitioner: On July 29, 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 $885,500 $843,437 2011-1880 AS0079 ROYAL GARDENS APARTMENTS LLC - R3573686 Page 2 If you have questions or need additional information, please do not hesitate to contact me at (970) 336-7215, Extension 4226. Very tr-uullyyiyourrs,,Q / Esther E. Gesick Deputy Clerk to the Board cc: Christopher Woodruff, Assessor MEISSNER ASSOCIATES PO BOX 630408 LITTLETON, CO 80163-0408 2011-1880 AS0079 Meset 411416 CLERK TO THE BOARD PHONE (970) 336-7215, Ext. 4226 FAX: (970) 352-0242 1150 O STREET P. O. BOX 758 IGREELEY, COLORADO 80632 C. COLORADO August 30, 2011 ROYAL GARDENS APARTMENTS LLC 400 WESTWOOD DR DENVER, CO 80206-4132 RE: THE BOARD OF EQUALIZATION, 2011, WELD COUNTY, COLORADO - STIPULATE PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE DESCRIPTION OF PROPERTY:ACCOUNT#: R3573786 PARCEL#: 096118206003-GR 2RG6- 7 L7 EXC S73' BLK6 2ND ROYAL GARDENS Dear Petitioner: On July 29, 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 $58,048 $58,048 2011-1881 AS0079 ROYAL GARDENS APARTMENTS LLC - R3573786 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, L Zdat_Esther E. Gesick Deputy Clerk to the Board cc: Christopher Woodruff, Assessor MEISSNER ASSOCIATES PO BOX 630408 LITTLETON, CO 80163-0408 2011-1881 AS0079 CLERK TO THE BOARD PHONE (970) 336-7215, Ext. 4226 FAX: (970) 352-0242 1150 O STREET P. O. BOX 758 GREELEY, COLORADO 80632 111k. COLORADO August 30, 2011 ROYAL GARDENS APARTMENTS LLC 400 WESTWOOD DR DENVER, CO 80206-4132 RE: THE BOARD OF EQUALIZATION, 2011, WELD COUNTY, COLORADO - STIPULATE PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE DESCRIPTION OF PROPERTY:ACCOUNT#: R3574086 PARCEL#: 096118206006-GR 2RG6- 2 L2 & N72' L3 BLK6 2ND ROYAL GARDENS Dear Petitioner: On July 29, 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 $885,500 $843,437 2011-1882 AS0079 ROYAL GARDENS APARTMENTS LLC - R3574086 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, .d%dot) g r44 Esther E. Gesick Deputy Clerk to the Board cc: Christopher Woodruff, Assessor MEISSNER ASSOCIATES PO BOX 630408 LITTLETON, CO 80163-0408 2011-1882 AS0079 • L 2011 COUNTY BOARD OF EQUALIZATION WELD COUNTY ASSESSOR'S ACCOUNT NUMBER R3573586, R3573686, R 3573786, R3574086 STIPULATION (As To Tax Year 2011 Actual Value) RE PETITION OF : NAME: Royal Gardens Apartments LLC ADDRESS: 400 Westwood Dr Denver, Co, 80163-0408 Petitioner(s), Royal Gardens Apartments 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 2RG6-1 L1 BLK6 2ND ROYAL GARDENS, GR 2RG6-6 L6 & N72' L5 BLK6 2ND ROYAL GARDENS, GR 2RG6-7 L7 EXC S73'BLK6 2ND ROYAL GARDENS, GR 2RG6-2 L2 & N72' L3 BLK6 2ND ROYAL GARDENS 2. The subject property is classified as Residential Multiple Unit Apartment Building Facility. 3. The County Assessor originally assigned the following actual value to the subject property for tax year 2011. Land $ 368,315 Improvements$ 2,377,978 Total $ 2,746,293 4. After further review and negotiation, the petitioner(s) and Weld County Assessor agree to the following actual value for the subject property. Land $ 368,315 improvements$ 2 256 685 Total $ 2,625,000 7t)//- f �� 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: The local market sales of similar multi-unit properties were analyzed by a per bed unit of comparison as well as GRM. 7. Both parties agree that the hearing scheduled before the Weld County Board of Equalization on 07/29/2011 at 3:30 pm be yacatec; or, a hearing has not yet been scheduled before the Board of Equalization (check if appropriate).4DAT D this 25th day of July, 2011. / tfilgia-Pr.e--) Petitioner(s) or Attorney Petitioner(s) or Attorney AddMgSSNER ASSOCIATES Address: _ P.O. BOX 630408 LITTLETON, CO 80163.0406 (303) 649-9650 Telephone: Telephone: N County ss ss r ell Address: 1400 N.17th Avenue Greeley, CO 80631 (970) 353-3845 ext. 3656 3:30 -7/dy • 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 80631 E-mail: appeals@co.weld.co.us www.co.weld.co.us Office Hours: 8:00 AM - 5:00 PM SCHEDULE/ACCOUNT NO. TAX YEAR TAX AREA LEGAL DESCRIPTION/ PHYSICAL LOCATION R3573586 2011 0600 GR 2RG6-1 L1 BLK6 2ND ROYAL GARDENS 2105 22 AV,GREELEY cc z ROYAL GARDENS APARTMENTS LLC 3 400 WESTWOOD DR O DENVER,CO 80206-4132 /in ' a O re ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER REVIEW REVIEW RESIDENTIAL 917,245 917,245 TOTAL $917,245 $917,245 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: AL01 - Your property has been uniformly valued following Colorado law. Your protest of value has been denied due to comparison of other similar properties which sold during the 2009/2010 time period. 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 siderof thi ' O is r,additional information. MEISSNER ASSOCIATES APP0, 'fltz life PO BOX 630408 LITTLETON CO 80163-0408 2011-1879 APPEAL PROCEDURES I County Board of Equalization Hearings will be held from July 1 through August 5 at 91510th 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.gov/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.) $ 7e,eQa _ 2.frt/>-.r.r5 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 ii Our client,Royal Gardens Apartments LLC,is the owner of the subject property. Your recent assessment notice attaches a current year actual value of$2,746,293 or$39,233 per unit for this multi- — family residential property. We respectfully request a reduction in value to$2,100,000 or$30,000 per unit based on the market data attached. Sales comparables attached,when adjusted,support the requested value. ATTESTATION I, the undersigned owner or agent' of the property identified above, affirm that the statements contained herein and on any attachments heretdVIELS6NERICSSOCIATES // ir rit `G/ 0 Signature Date LI N, CO 80163-0408 6303) 649-9550 Attach letter of authorization signed by property owner. 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 80631 E-mail: appeals@co.weld.co.us www.co.weld.co.us Office Hours: 8:00 AM - 5:00 PM SCHEDULE/ACCOUNT NO. TAX YEAR TAX AREA LEGAL DESCRIPTION/ PHYSICAL LOCATION R3573686 2011 0600 GR 2RG6-6 L6 & N72' L5 BLK6 2ND ROYAL GARDENS cc 2105 22 AV, GREELEY Ill ROYAL GARDENS APARTMENTS LLC O 400 WESTW00D DR r DENVER,CO 80206-4132 • o. z ' O ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER REVIEW REVIEW RESIDENTIAL 885,500 885,500 (Pilot/a/ TOTAL $885,500 $885,500 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: AL01 - Your property has been uniformly valued following Colorado law. Your protest of value has been denied due to comparison of other similar properties which sold during the 2009/2010 time period. 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.''" MEISSNER ASSOCIATES PO BOX 630408 ' LITTLETON CO 80163-0408 2011-1880 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.4ov/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.) $ 694 811 13 ar.rs 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 installert met annraica' ata Our client,Royal Gardens Apartments LLC,is the owner of the subject property. Your recent assessment notice attaches a current year actual value of$2,746,293 or$39,233 per unit for this multi- family residential property. We respectfully request a reduction in value to$2,100,000 or$30,000 per unit based on the market data attached. Sales comparables attached,when adjusted,support the requested value. IIIMDIATION I, the undersigned owner or agent' of the property identified above, affirm that the statements contained herein and on any attachments hereto a pl E,LIS tNE ASSOCIATES 37 ii Signet r P-O1 0B0g`e408 Date LITTLETON, CO 80163-0408 A303) 648-9660 Attach letter of authorization signed by property owner. s:.0 7/Ly 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 80631 E-mail: appeals@co.weld.co.us www.co.weld.co.us Office Hours: 8:00 AM - 5:00 PM SCHEDULE/ACCOUNT NO. TAX YEAR TAX AREA LEGAL DESCRIPTION/ PHYSICAL LOCATION R3573786 2011 0600 GR 2RG6-7 L7 EXC S73' BLK6 2ND ROYAL GARDENS 2105 22 AV, GREELEY Z ROYAL GARDENS APARTMENTS LLC 33 400 WESTWOOD DR DENVER,CO 80206-4132 0. a. O x a ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER REVIEW REVIEW RESIDENTIAL 58,048 58,048 TOTAL $58,048 $58,048 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: AL01 - Your property has been uniformly valued following Colorado law. Your protest of value has been denied due to comparison of other similar properties which sold during the 2009/2010 time period. 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 01 this notice tor additional information. MEISSNER ASSOCIATES PO BOX 630408 LITTLETON CO 80163-0408 2011-1881 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.uov/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.) $ — D What --+1-^.*a of valua or your reason for reauestinn a rauianel 1DI .-3 attach additi Our client,Royal Gardens Apartments LLC,is the owner of the subject property. Your recent ont roll, origin assessment notice attaches a current year actual value of$2,746,293 or$39,233 per unit for this multi- family residential property. We respectfully request a reduction in value to$2,100,000 or$30,000 per unit based on the market data attached. Sales comparables attached,when adjusted,support the requested value. ATTESTATION I, the undersigned owner or agents c jaq@r@A0 0iQ¢Qbq ttfan that the statements contained herein a on any attachments heret e. jri?ra�pgrit?J Pp J;nx R3G4OR /G�f 1/ Signature' LITTMET'pN 'eO 80163-0498 X303) 649-9550 Attach letter of authorization signed by property owner. 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 80631 E-mail: appeals@co.weld.co.us www.co.weld.co.us Office Hours: 8:00 AM - 5:00 PM SCHEDULE/ACCOUNT NO. TAX YEAR TAX AREA LEGAL DESCRIPTION/ PHYSICAL LOCATION R3574086 2011 0600 GR 2RG6-2 L2 & N72' L3 BLK6 2ND ROYAL GARDENS ce 2105 22 AV, GREELEY z ROYAL GARDENS APARTMENTS LLC 3 400 WESTWOOD DR DENVER,CO 80206-4132 3 'lN ' l) rc 0. 0. O re ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER REVIEW REVIEW RESIDENTIAL 885,500 885,500 TOTAL $885,500 $885,500 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: AL01 - Your property has been uniformly valued following Colorado law. Your protest of value has been denied due to comparison of other similar properties which sold during the 2009/2010 time period. 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 hottee(thfladditional information. • v1O f 3JTT MEISSNER ASSOCIATES ,,: .c c:>a PO BOX 630408 LITTLETON CO 80163-0408 2011-1882 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 10t"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.00v/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.) $ G9gAge 13 ssn/irj` What is the basis for your estimate of value or your reason for requesting a review? (Please attach additional sheets as necessary and any el innnrtinn rinnnmantotinn i o m ^- - roll, original it Our client,Royal Gardens Apartments LLC,is the owner of the subject property. Your recent assessment notice attaches a current year actual value of$2,746,293 or$39,233 per unit for this multi- family residential property. We respectfully request a reduction in value to$2,100,000 or$30,000 per — unit based on the market data attached. — Sales comparables attached,when adjusted,support the requested value. ATTESTATION I, the undersigned owner or agent' of the property identified above, affirm that the statements contained herein and on any attachments� heretp qSs IRonge CCIATES fl 7' /lltflGaaNl¢.Ciel (e&304€18 Date /��� /) Signatur LITTLETON, CO 80163-0408 Q303) 649-9650 ' Attach letter of authorization signed by property owner. M MEISSNER ASSOCIATES AReal Estate Tax Reductions • Brokerage CONSULTANT - EXCLUSIVE AGENCY AGREEMENT PROPERTY OWNER/CLIENT Royal Gardens Apartments LLC PROPERTY ADDRESS 2100 23rd/2105 22nd Av GreeleY COUNTY Weld COLORADO SCHEDULE NUMBER(S) R3574086 R3573786. R3573586, R3573686 Client agrees with Meissner Associates that for the real estate assessment year 2011, and for the biennial period 2011 and 2012, for the property referenced above, that Meissner Associates is hereby engaged and authorized to act as exclusive agent and consultant for Client, in the preparation of a real estate assessment petition for the Client to the County Board of Equalization, and if necessary,to the State of Colorado Board of Assessment Appeals. Valuation services outside of appraisal practice will be performed. Client hereby authorizes Meissner Associates, as exclusive agent of the Client to execute and cause to be filed on behalf of Client and in the name of Client,any and all documents relating to a petition of the assessments, for the assessment year 2011 and for the remaining year of the biennial period referenced above, to the County Board of Equalization, and if necessary, to the State of Colorado Board of Assessment Appeals. If the services of an attorney at law are required in connection with any petition referenced herein, it is the Client's option and expense to continue the petition by engaging an attorney. Meissner Associates will co-operate with the attorney in the furtherance of the petition. Meissner Associates does not perform the duties or functions of an attorney at law. Any fees payable to Meissner Associates for its services are separate and distinct from any fees payable by the Client to any attorney at law retained by the Client, are strictly contingent on assessment reductions, and are payable according to the terms of the FEE AGREEMENT. This CONSULTANT- EXCLUSIVE AGENCY AGREEMENT terminates upon receipt by Meissner Associates of the final resolution of any petition(s) initiated during the biennial period referenced above. Royal Gardens Apartments LLC, by: Prop Owner/Client Jill Weller Nelson, LLC Manager Date Date Kay J. Meissner, Meissner Associates Date P.O. Box 630408 • Littleton, co 80163-0408 • (303) 649-9550 • 970) 819-0960 4 meissners@comcast.net FAX (. 0.�y ..99714)(7.:0)22)- A4 GM a 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 C. COLORADO July 25, 2011 ROYAL GARDENS APARTMENTS LLC 400 WESTWOOD DR DENVER, CO 80206-4132 Parcel No.: 096118206001 Account No.: R3573586 Parcel No.: 096118206002 Account No.: R3573686 Parcel No.: 096118206003 Account No.: R3573786 Parcel No.: 096118206006 Account No.: R3574086 Dear Petitioner(s): The Weld County Board of Equalization has set a date of July 29, 2011, at or about the hour of 3:30 PM, 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. 2011-1882 AS0079 ROYAL GARDENS APARTMENTS LLC -VARIOUS ACCOUNTS Page 2 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. 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 MEISSNER ASSOCIATES PO BOX 630408 LITTLETON, CO 80163-0408 2011-1882 AS0079 Hello