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HomeMy WebLinkAbout20111860.tiff t(t9 CLERK TO THE BOARD PHONE (970) 336-7215, Ext. 4226 FAX: (97 1500) 352-0242 1150 O STREET P. O. BOX 758 111kGREELEY, COLORADO 80632 COLORADO August 26, 2011 9586 LLC CIO RICHARD WOODRUFF 1800 BROADWAY STE 210 BOULDER, CO 80302 RE: THE BOARD OF EQUALIZATION, 2011, WELD COUNTY, COLORADO - STIPULATE PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE DESCRIPTION OF PROPERTY:ACCOUNT#: R6926398 PARCEL#: 131314200078-DEL-CC3- 1 L1 BLK3 AMD DEL CAMINO CENTER PUD 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 $10,099,600 $10,000,000 CCU 44-J"�/e//er) c/a'VaO// 2011-1860 AS0079 9586 LLC - R6926398 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, Sa /IL Esther E. Gesick Deputy Clerk to the Board cc: Christopher Woodruff, Assessor DUFF & PHELPS 950 17 STREET SUITE 2000 DENVER, CO 80202 2011-1860 AS0079 • 2011 COUNTY BOARD OF EQUALIZATION WELD COUNTY ASSESSOR'S ACCOUNT NUMBER R8926394 STIPULATION (As To Tex Year 2011 Actual Value) RE PETITION OF NAME: 9686 LLC ADDRESS: 9686 El-26 Frontage Rd Weld, CO y * * * • t. * PetitIoner(s), 9586 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 s 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: L1 BLK3 AMD DEL CAMINO CENTER PUD 2. The subject property Is classified as Commercial • property, 3. The County Assessor orig inally assigned the following actual value to the subject property for tax Year Land $ Improvements$ Total $ Q. After further review and neg tlation,the petitioners) and Weld CountyAssessor agree to the following actual value for the subject property, 88 $$$ Total g p vements$ 10,0 ti c2a//-12(00 • 5, The valuations, as established above, shall be binding only with respect to tax year≥01.1 6. Brief narrative as to why the reduction was made: VaIye yips odtustgd bpsed uoon 1h,goterel mprket prices Derpq,.ftcthotWe,e n n ace In ti Dape eeriod, odd tionallly is ncome was oena dared at badkCc for tie marke' 7. Both parties agree that the hearing scheduled before the Weld County Board of Equalization on Z/29(I1 at 10;15 gm be v8sated; or, a hearing has not yet been scheduled before the Board of Equalization _..__x (check If appropriate), DATED this 21' day of July, 2011. 71.1. Va»7-�rr,utis Petit]one'r(s) or Attorney Petitioners) or Attorney Address: Address; Ph e),�r 9aFF 4 7/-li pi-• d f e good Dever, (°PI S1O2{12 Telephone; 303 -74 -9o3 Telephone; £ sssr9' Address; 1400 N,17th Avenue Ore ley, CO 80631 (070) 353-3845 ext. 3968 10: /57/zp 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 td j Ji,; L 18 A If: ?mail: appeals@co.weld.co.us www.co.weld.co.us Office Hours: 8:00 AM - 5:00 PM SCHEDULE/ACCOUNT NO. Ilik5' AI LEGAL DESCRIPTION/ PHYSICAL LOCATION R6926398 2011 2337 DEL-CC3-1 L1 BLK3 AMD DEL CAMINO CENTER PUD ¢ 9586 E I-25 FRONTAGE RD,WELD z 9586 LLC O 0/O RICHARD WOODRUFF 1800 BROADWAY STE 210 w BOULDER,CO 80302 cc O a ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER REVIEW REVIEW COMMERCIAL 3,639,436 3,639,436 INDUSTRIAL 6,460,164 6,460,164 TOTAL $10,099,600 $10,099,600 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: CM05- The law requires that all 012009 and the first 6 months of 2010 data be used to establish current values.We have considered all(3) three approaches to value in arriving at your current valuation. We have denied your appeal based upon this data. 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. DUFF & PHELPS 950 17 STREET SUITE 2000 DENVEKCO 80202 2011-1860 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.qov/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.) $ JS0O0000 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.) ATTESTATION I, the undersigned owner or agents of the property identified above, affirm that the statements contained herein and on any attachments hereto are true and complete. )n, 3a3-N9-7,O 7b5/0 Signature gasp pheirs Telephone Number Date Attach letter of authorization signed by property owner. DUFF&PHELPS Weld County Board of Equalization July 15th, 2011 PO Box 758 Greeley, CO 80632 Subject: 2011 Board of Equalization Appeal Dear Honorable Board: As duly authorized agent of WWR Real Estate Sevices LLC and its associated entity 9586 LLC, Duff & Phelps LLC is hereby filing an appeal to the Weld County Board of Equalization for the 2011 value of the following account: Schedule#/Parcel# Address 2011 NOD Value D&P Requested Value 9586 E 1-25 1 Z,Soo,p7o R6926398 Frontage Rd $10,099,600 1t8000,G00 Additional information will be provided at the time of the hearing or as soon as available. Our authorization to appeal is attached. This notice of appeal is being sent via certified mail with tracking number 7010-3090-0002-7515-1360. If you have any questions, please feel free to contact me at 303-749-9034 or at Michael.VanDonselaar@duffandphelps.com Sincerely, VI Ad- Dintalo-e•-1/4 Mike Van Donselaar Vice President, Duff & Phelps, LLC Duff&Phelps,LLC I +1 303 749 9010 www duffantlphelps.com 950 17th Street +1 303 260 8472 Suite 2000 Denver.CO 80202 Appointment of Agency for Property Tax Matters Duff & Phelps LLC is authorized to represent the ownership entities of the properties shown on the attached Exhibit A via the consent of the WWR Real Estate Services, LLC, Authorized Agent of such ownership entities,with regard to property tax matters in Colorado. Any and all previous authorizations are hereby revoked. Duff & Phelps LLC is authorized to act on our behalf in obtaining and providing information, negotiating, settling and assessing for all property matters related to the property owned, possessed, or controlled as shown on Exhibit A for any appeals or abatements. This agent is delegated full authority to handle all real and personal property tax matters for assessments relative to assessments and to represent us, with the assistance of legal counsel, if necessary, in the appeal process. This appointment of agency remains in effect for tax years 2008, 2009, 2010, 2011 and 2012 or until revoked in writing by the entities shown on Exhibit A or Duff& Phelps LLC, except as provided above. All correspondence should be directed to the following individual: NAME: Paul Luber - paul.luberaduffandphelps.com Duff&Phelps LLC ADDRESS: 950 17th Street, Suite 2000 Denver, Colorado 80202 303-749-9016 WWR Real Estate Services, LLC is an authorized agent of the ownership entities listed in Exhibit A. It has signed this Appointment of Agency in its capacity as an authorized agent. By: WWR Real Estate Services, LLC SIGNED: NAME/TITLE: Rich r.Woodruff/COO/CFO DATE EFFECTIVE: November 5, 2010 NOTARIZATION: Exhibit A-Para 1 of 3 11/5/2010 WW Reynolds I Companies Properties In Boulder County (Boulder County properties re located In Boulder unless otherwise spedlled) Ateti wntouu-n•Bau1d p:t;. • 4,-;57V777.—.:: :7•7.•:-.::,...i-• \, • I BuRdOl Name Address ••errant Endt MUMMY More 3P' 0 a .•�,e,::;..,•,- , • 1...•r a, treat.`,-t 4-_' �t:��r[� 432 1350 Ms •Pine Street Pine c Vest • "• Lie 1A1 red ne 1 :. reet PIne See(Nerolds LIo'Al 4,971 1357 Walnut-Parkin tat — 7 Wa nut 1357 Wa',nutLIT—' Wont lend i3-6(Cl WaTnu '-r71` ' `'t l 1Sbd- rtiA 3 rest,Unit 101 Inu•tee Llo El Al 1 i ' '12,612 4 9•.s I :it,'^;; ;, ,_',r, ,' . 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S 6000S S,ne 5[00 5•irro Reed 141000 Spine ILO 57,568 1. .nu 6•:. p ne Road 4060 Partnership 74, 1 61.5-oo out •1• Lookout Road Lookout Lit 21,$34 A sport P za One 5- Airport Boulevard Bit'Lit Et Al , 31 0aulder HlabPolnt �.. 40 Airport Boulevard Lk:tfAr 60,265 ' Boulder HI4hPOInt al mont Jrlve 80uider H r point LLLP Vacant la BouTder}B8 Point Va mont•• sou•. ' . +•nt LLLP Vacant Ian• Boulder Hl hPoint almont Drive 80 'e `I •• LLLP Vacant land . u er t o rat Valmont• - Bcu•er' •�••nt P Vacant land, aaulder Int S350 Air-. Boulevard Boulder le : Vacant eouider PointAirpo Boulevard Boulders•e-ae;�,�,���t LLLP Vacant'n H1 Point 54*JOATr.• beulevar� 7.skeoenlrmPlasal. l,p 82,541 ukeCentre Pieta One 5600.5660 Ali.•rkBlvd .•:nos Plaza Ltd III 33,- 1 LekraCentre Plana One tit.i14111. .•rt:- ekeeentre Plaza L.Lila wnt Ian; At .4 •_u dT.t. ~t1'...'A YI .4 •-...ii-••s2, ..:Vi' y ,,:,,,11.4..,. .,.,41i4.... ..:,....:•,..4;er` `e :.. Ara• oe P era 1 5-Are e A . 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Frontier II ET•• M.rAvenu'e _ Trot, erlL 2540 frontier Avenue PepLlc 28,846 N 2530 Frontier Avenue lro 1,111 , Pearl#3 3240 Pearl Street Pear— Three Limked'-labtlty Company 11,000 •'R Pearl Three LlmRod liability Company Vaanitmai ^ �PearTf4 treat ear71,#60 Pearl e4 ••Pearl Street —ter Pep Lit Pearl p5 :•• earl Street Pap Lip 340 - 114ETl,11.4 c,'- W W Reynolds 8,Completer& ' V Of s Phelps LLC 1{f Exhibit A•Pap 2 of 8 13/5/1O1A W W Reynolds&Companies Properties:n Boulder County (Boulder County properties era located In Boulder unless otherwise specified) ea- ast ••Ll at C.11tlRue•� ...',�wrtu.ter.=3•.:'3t;;, ;Vr=azr:a. _:Y:.�•M:1.. :ter.. �,er: �'r.. 1r,r. i,.:.?;'•;i Buildln,Name Address •• rein 18111 r Assessor Records Bu11din.9P' Pearl East Business Park-1 Pearl Plata 780 Pearl East a rt e P125676 lie EtA 38,400 Pearl East Business Part-2 Pearl P era 4840 Pearl East Circle Pearl test Business Pe - Pea •eta ►.:::Pear East Cm ' • '•.L•Et IlliMI IMECTS 900 Pearl East Circle O1'Witririln . •., 8737:'•=.. . a •1 .7.Lie Et 2:270 4999 Pearl East Circle 't E a 2 . r 9 •" a East"re e - 2••7: k:Et Pea East Business Park-B'ear '•ca 4990 Pear'East Circle •1 '1'Uc Et MI; ast uslness Pa -Pearl 4800 d Peer Eas rc e • ! 1, c t IIIIMUI Pearl ast Business Pa -Pear 'i'• '48 S Pearl East Circle 3484:5.LI.•I•t — 54,102 • t.:1 ear astivaness a -Pear 5••• . 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".:�.; .:;: ;<2625M1d••rrtDrT4tnt`:.::::.•:,:`;::::':,"�;:,:a::River CeatvThtee zero Partrrersh 2637 Mklpolnt Dr ru River Center Three Zero PartnersNP 14 00 AIvvere7 Center 30 Rlenter 30 ;r - 1d•oiM 14,,4 Partnership Canter Three Zero Partahtp + .-.L.c•::.:'.:-' .r :,.:, a , •-::,.,'.•• LC Cm: LLC B�',fh,'LL :;:: 324 Iaka.Center.One:.:,,.�,;:::_::.;:• �' _. s:rr La• Center•ne s 90 rp Point Dr Lc. e,LLC(90%)&Bgfh,LLC(10% 20,_ Lake Center One - ...__ 600 Canton Ct Lc One,lit: )&BT,P1k,LLCt10% 13,244 HesFa r 815 Sharp Point Dr S <r Point Properties LLd 19,393 Area Oche'Va1'(o nifrOportie3nFort:Co fins,Larlire!County: . ;"'_ ;;t'• : ; '$ 0l Lincoln Ctlira 301 Uncd � 221000 Uncoln Naze IncGq :Inca n` :Ea L rrooln Ct 1 rJ 301 Uncol LLC 506 5 Timbe Inc Rd - B-r , L 'Y' •Ventures t.. 4%) vacant la Timms rtene + Vacant Land r,e 500 S Tim•• ne Rd B Latimer LC •• &Gb Ventures �• ___ .__ 716 5 Col Ave ,rd Plata, r 20,49 untrd Plata In .A T un.:rbirc1 lara ez-Ri r a Fj, .1,, c iA an ► :Building ,., el Ave B ,L C .,.; ._: • -•,nvn::.r t :! ... •:! ,`-r,•. :.1',s': •••• Artiil veland Lar(rn6t Count .rov Yafigata IL lCt vacant land 1 ate II LOT MIER 1ST 911P, Lot 1,B 1..6 I 1 14"1 a `7 1 y• •Paint rep es r r ant 0oyd Lake Vacant Land - t^ ',g 1 :. •La:. s a Pa T.t .Pon � •.Miles LLC _ 6. . e s Point' •,ertles r r w'c :n Boyd Lake r. a1k 1,:. . ::. s'a . . T Lot ,Prospect n.ustrial Pa tc Less Vkson Beyid Lake At Prospect Park East Sharp Poirt Properties LLC Vacant Lend Area-Locations in Other.Countlet .. - ::'..2.1,.-,,,•::::• -.1,*,..;•:. " _ , 9586E 1.25 frontage Rd,Longmont,Weld County 9586 LLC 128'245 T 1 9536 I-25 Frontage Rd,IArtimont,Weld County 9536 LLC �_ 2,562 TITMerand Ra,Glenwood Springs, Garfield County -Written,W Reynolds&loan E Shepherd Not Available 211 Sierra Vista St,irrrng.Logan County tam W keyroTdss1 Joan E Shepherd 10,.00 777 2312 ea.Grand junction,Mesa County R&G Buildings Partnership 57,935 UPS•5!Iverthorne 1337 Warren Ave,Sflverthorne,Summit County R&G Buildings Partnership 11,478, - "1N1TtAL8 ` W W Reynolds a Companies Duff&Phelps LLC ` G - N I I II3 C.1 O N p N N o c Le, CO g z o J O c , U $ d C$� e f17, N e 4F _ a Q: Lt. w a Sl9 G< _o -I . • a • ' •F . _r,• M! Cn F-1 w x IM Cet Inmi ._.- w m C I-I O N Q NCO W � to ul ammi N s � N o a Q. 6_ Co O 04 C Ill O o W y r, U o ° U ° o o m D 0 cj ,° v C m N a) moo d a o o > N° a) 0_ C4 8 m O 0 0 65 m rlepot6 CLERK TO THE BOARD PHONE (970) 336-7215 EXT 4226 FAX: (970) 352-0242 WEBSITE: www.co.weld.co.us 91510TH STREET 111kGREELEY, COLORADO 80632 COLORADO July 25, 2011 9586 LLC CIO RICHARD WOODRUFF 1800 BROADWAY STE 210 BOULDER, CO 80302 Parcel No.: 131314200078 Account No.: R6926398 Dear Petitioner(s): The Weld County Board of Equalization has set a date of July 29, 2011, at or about the hour of 10:15 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. 2011-1860 1 I y p p,: k w( Pct AS0079 9586 LLC - R6926398 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 /Jz Esther E. Gesick Deputy Clerk to the Board cc: Christopher Woodruff, Assessor DUFF & PHELPS 950 17 STREET SUITE 2000 DENVER, CO 80202 2011-1860 AS0079 Hello