HomeMy WebLinkAbout20112049.tiff b CLERK TO THE BOARD
PHONE (970) 336-7215, Ext. 4226
(it
FAX: (970) 352-0242
1150 O STREET
P. O. BOX 758
GREELEY, COLORADO 80632
C.
COLORADO
August 30, 2011
TJH PROPERTIES LLC
P O BOX 434
FIRESTONE, CO 80520
RE: THE BOARD OF EQUALIZATION, 2011, WELD COUNTY, COLORADO - STIPULATE
PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE
DESCRIPTION OF PROPERTY:ACCOUNT#: R1921202 PARCEL#: 146906236001 -DAC HAM
L1 HAMILTON
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
$299,968 $280,000
cG, ' AE/(/e/kr) & O/7 2011-2049
AS0079
TJH PROPERTIES LLC - R1921202
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
2011-2049
AS0079
05/25/2024 20:14 FAX 1003
2011
COUNTY BOARD OF EQUALIZATION
WELD COUNTY
ASSESSOR'S ACCOUNT NUMBER R1921202
STIPULATION (As To Tax Year 2011 Actual Value)
RE PETITION OF :
NAME: TJH Properties LLC
ADDRESS: 500 8 St
Dacono, CO
r • • ♦ •
Petitioner(s), TJH Properties 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:
DAC HAM L1 HAMILTON
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 $ 57.298
Improvements$ 242.670
Total $ 299.968
4. After further review and negotiation,the petitioner(s) and Weld County Assessor
agree to the following actual value for the subject property.
Land $ 57,298
Improvements$ 222,702
Total $ 280 000
2011-2049
05/25/2024 20:14 FAX O004
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 n/a at n/a be vacated; or, a hearing has not yet been
scheduled before the Board of Equalization x (check if appropriate).
DATED this 22n° day of July, 2011.
etitioner(s) or Attorney Petitioner(s) or Attorney
Address: Address:
{
Telephone: 3- a."- -I'-4(474 Telephone:
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County Assessor - rr;:'r: l,(
Address: 1
1400 N.17th Avenue
Greeley, CO 80631
(970) 353-3845 ext. 3656
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
R1921202 2011 2954 DAC HAM L1 HAMILTON
500 8 ST, DACONO
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p P O BOX 434
>. FIRESTONE,CO 80520
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ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER
REVIEW REVIEW
COMMERCIAL 299,968 299,968
TOTAL $299,968 $299,968
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:
CM06- The assessor's staff has requested information which is pertinent and critical to proper
evaluation of your property's value. Because we have not received this information, we have no
choice but to deny any adjustments.
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.
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.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.)saAkR pm
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_i stalled cost, appraisal, etc.)
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ATTESTATION
I, the undersigned owner or agent' of the property identified above, affirm that the statements contained
1herein and o ehnrerr�are true and complete.
i a � - Telephone Number Date
15-DPT-AR
PR 207-08/11
R1921202 12753
' Attach letter of authorization signed by property owner.
TJH Properties, LLC
Income/Rent Roll for 500 8th Street
Dacono, CO 80514
Total of six spaces for rent
2009 All About Tans
Income 1st& 2nd space $ 13,560.00
Body Needs Massage $ 6,246.00 (moved out Oct 09)
Santiagos Express $ 18,079.92
Green Medicals $ 1,580.00
In &Out Liquor $ - (wife owned, could not afford rent)
Totals $ 39,465.92
2009 Loan Payment $ 32,433.00
Expenses Electrical/Gas $ 8,135.58
Water $ 2,643.00
Cont. Western Ins. $ 1,943.88
St.Vrain Sanitation $ 543.84
Real Estate Fees $ 1,094.00
Property Taxes $ 9,779.86
Waste Connections $ 1,212.00
Repairs/Maintenance $ 368.14
Total $ 58,153.30
2010 All About Tans
Income (1st&2nd space $ 13,560.00
3rd space) $ 4,200.00 (took over empty space June 2010)
Santiagos Express $ 18,079.92
Green Medicals $ 9,480.00
In&Out Liquor $ - (Wife owned,could not afford rent)
Totals $ 45,319.92
2010 Loan Payment $ 32,433.00
Expenses Electrical/Gas $ 8,150.41
Water $ 2,643.00
Cont. Western Ins. $ 1,943.88
St.Vrain Sanitation $ 543.84
Waste Connections $ 1,212.00
Repairs/Maintenance $ 387.00
Property Tax $ 10,139.44
Real Estate Fees $ 199.00
Legal Fees $ 500.00 (for broke leases)
Total $ 58,151.57
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