The URL can be used to link to this page

Browse Search

Home My WebLink About20101625 a CLERK TO THE BOARD PHONE (970) 336-7215, Ext. 4226 FAX: (P 0) 352-0242 Ij�j�• P. BOX O. BOX 758 GREELEY, COLORADO 80632 COLORADO July 29, 2010 VILLAGE GREEN HOLDINGS LLLP C/O CARMEL COMPANIES INC 950 S CHERRY ST DENVER, CO 80246 RE: THE BOARD OF EQUALIZATION, 2010, WELD COUNTY, COLORADO - DENY PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE DESCRIPTION OF PROPERTY: ACCOUNT #: R2130486 PARCEL #: 095912104018 - GR 17534-I PT TRACT B GREELEY PLAZA (PT NE4 12 5 66 WEST GREELEY ANNEX) BEG NW COR NE4 N89D54'E 857.43' SOD06'E 80'TO S LN 10 ST&HWY 34 SOD03'E ALG W LN 26 AVE 886.68' TO TRUE POB SOD03'E 55.45'TH ALG CURVE TO RIGHT(R=970' CHORD S02D40'W 92.03') TH Dear Petitioner: On July 28,2010,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 your petition of appeal of the County Assessor's valuation of your property described above,for the year 2010. The Board of Equalization found that the evidence presented at the hearing clearly supported the value placed upon your above described property by the County Assessor. Such evidence indicated the value was reasonable, equitable, and derived according to the methodologies, percentages, figures and formulas dictated to the Weld County Assessor by law. The assessment and valuation of the Weld County Assessor was affirmed as follows: ACTUAL VALUE AS ACTUAL VALUE AS DETERMINED BY SET BY BOARD ASSESSOR $4,500,000 $4,500,000 de L?k Ica-Oebter) 2010-1625 /`}5) Cetwrtmej, Jackie O9",,, 2010-1625 AS0076 VILLAGE GREEN HOLDINGS LLLP - R2130486 Page 2 A denial of a petition, in whole or in part, by the Board of Equalization may be appealed by selecting one of the following three options; however, said appeal must be filed within 30 days of the denial: 1. Board of Assessment Appeals: You have the right to appeal the County Board of Equalization's(CBOE's)decision to the Board of Assessment Appeals(BAA). Such hearing is the final hearing at which testimony, exhibits, or any other evidence may be introduced. If the decision of the BAA is further appealed to the Court of Appeals, only the record created at the BAA hearing shall be the basis for the Court's decision. No new evidence can be introduced at the Court of Appeals. (Section 39-8-108(10), C.R.S.) Appeals to the BAA must be made on forms furnished by the BAA, and such appeals should be mailed or delivered within thirty (30) days of denial by the CBOE to: Board of Assessment Appeals 1313 Sherman Street, Room 315 Denver, CO 80203 Phone: 303-866-5880 Fees: A taxpayer representing himself is not charged for the first two appeals to the Board of Assessment Appeals; however,a taxpayer being represented by an agent or an attorney must submit a fee of$101.25 per appeal. OR 2. District Court: You have the right to appeal the CBOE's decision to the District Court of the county wherein your property is located. New testimony, exhibits or any other evidence may be introduced at the District Court hearing. For filing requirements, please contact your attorney or the Clerk of the District Court. Further appeal of the District Court's decision is made to the Court of Appeals for a review of the record. (Section 39-8-108(1), C.R.S.) OR 3. Binding Arbitration: You have the right to submit your case to arbitration. If you choose this option the arbitrator's decision is final and your right to appeal your current valuation ends. (Section 39-8-108.5, C.R.S.) Selecting the Arbitrator: In order to pursue arbitration, you must notify the CBOE of your intent. You and the CBOE select an arbitrator from the official list of qualified people. If you cannot agree on an arbitrator,the District Court of the county in which the property is located will make the selection. Arbitration Hearing Procedure: Arbitration hearings are held within sixty days from the date the arbitrator is selected. Both you and the CBOE are entitled to participate. The hearings are informal. The arbitrator has the authority to issue subpoenas for witnesses, books, records, documents and other evidence. He 2010-1625 AS0076 VILLAGE GREEN HOLDINGS LLLP - R2130486 Page 3 also has the power to administer oaths, and all questions of law and fact shall be determined by him. The arbitration hearing may be confidential and closed to the public, upon mutual agreement. The arbitrator's written decision must be delivered to both parties personally or by registered mail within ten (10) days of the hearing. Such decision is final and not subject to review. Fees and Expenses: The arbitrator's fees and expenses are agreed upon by you and the CBOE. In the case of residential real property, such fees and expenses cannot exceed $150.00 per case. The arbitrator's fees and expenses, not including counsel fees, are to be paid as provided in the decision. If you have questions or need additional information, please do not hesitate to contact me at (970) 336-7215, Extension 4226. Verytruly yours, Y&Lexcl Esther E. Gesick Deputy Clerk to the Board cc: Christopher Woodruff, Assessor 1ST NET REAL ESTATE SERVICES INC 333 S WADSWORTH BLVD STE 200 LAKEWOOD, CO 80227 2010-1625 AS0076 (Gel 5 fix- BOE SUMMARY SHEET Account Number: R2130486 Parcel Number: 095912104018 VILLAGE GREEN HOLDINGS LLLP C/O CARMEL COMPANIES INC 950 S CHERRY ST DENVER, CO 80246 HEARING DATE: 7/28/2010, AT 1:30 PM HEARING ATTENDED? (Y,61 NAME: AGENT NAME: 1ST NET REAL ESTATE SERVICES INC 333 S WADSWORTH BLVD STE 200 LAKEWOOD, CO 80227 APPRAISER NAME: NRL (Lad, 411_4_, DECISION ACTUAL VALUATION APPROVE BY SET BY ASSESSOR BOARD TOTAL ACTUAL VALUE 4,500,000 !45O4 006 COMMENTS: MOTION BY 1,O a TO SECONDED BY � Garcia -- N) Rademacher-- N) Failed to prove appropriate value Conway -- Y N) No comparables given Kirkmeyer-- Y N) Assessor's value upheld Long -- /N) Other: RESOLUTION NO. 2010-1625 M:\BOE\SUMMARY.dotx Weld County CHRISTOPHER M. WOODRUFF COUNTY ASSESSOR BRENDA DONES, DEPUTY ASSESSOR VALUATION REPORT OF COMMERCIAL PROPERTY FOR County Board of Equalization VILLAGE GREEN HOLDINGS LLLP PETITIONER vs. WELD COUNTY ASSESSOR'S OFFICE RESPONDENT Parcel Number: 0959-12-1-04-018 Schedule Number: R2130486 Log Number: 2769 Date: 07/28/10 Time: 1:30 pm Board: Board #1 PREPARED BY APPRAISERS NAME Signature Date Signature Date ASSESSOR'S OFFICE STAFF APPRAISER bolo-16,226` SALIENT FACTS AND CONCLUSIONS Purpose of Appraisal To determine Market Value as of 1/1/10 based on an appraisal date of 6/30/08. Property Rights Appraised Unencumbered fee simple interest. Location 1213 26 AV GREELEY Land Area 216,929 Square Feet Zoning GRE CH Property Type Multiple Unit— Consists of five apartment buildings on one parcel for a total of 120 rentable units (24 units per building) Year Built 1972 Quality Average Class Wood Frame Number of Stories 2 story with garden level basement Improvement Sq. Ft. 72,712 Basement Finished Sq. Ft. 36,356 Value Indications: Land $793,960 Cost Approach n/a Market Approach $4,560,000 Income Approach n/a Final Value $4,500,000 w l{4 { f V A STS t 1 a . 0 .)41 - - liz, It J } • \`t , , II' t % r� s, #1 . f .1, . " 11 - I— III ,... ... .. , _ .. ...... ini 71.-• _ ', - - .;M I I-..i -.. I I . • , V i g a . 1 KJ w a lir Alt r. V 1‘4.if s o . t . � __ einee__________________- - _ __.,...,, lituW- 'II - 04 / 06 / 2010 • . ti. ...... ,,,.., ._ray �y� llw. , t 1 '.�� } l s s } t R' .•x Ir , , • , • I f., \. ♦ ''..:' iL tell".�. • r mob`. - a' .tr• _ _ _ ✓fi. t:: _` { } •, __ _. :\.....___‘ :\. :. ..,: i 1 �'.> ti ^'lip,.. -gyp 'c' - ._ •\ � � ,, 4 ..:„ . Ng '± I. • p b i. __ , . . . , .., . ,.. , .... .._ . „. _ _ ._ r; 0 , ,..- .....b ----' s -r i A ii it •4., f . . r ..4,1 .._ t,.. -- 'y�/jJS ' 1r AI tep , • I. (..._ - ‘ - .6.1 { ti 13:v. � R '144 . A.• !Ise III: •: M ii ...._ _1 __ . _ . , - .., .. . ._ . • ,,,, .. • -R t:....: "T -. ..- - .G • . - — . 04 ! 06 , ` 20 0. - . Bldg #1 127' Apartment 24' Two story with finished Bsmt 24 units 24 2' First Floor 6442.0 sf ?' Second Floor 6442.0 sf 11' 11' Finished Bsmt 6442.0 sf 19' 19' 21' 21' 93' Ske Bldg #3 128' 11. Apartment 11' Two story with finished Bsmt 10' 24 units 10' 20' First Floor 7824.0 sf 20' Second Floor 7824.0 sf Finished Bsmt 7824.0 sf 2' z' 24' 24' 144' Sketch by Apex Media" MARKET APPROACH SUMMARY Real property for the tax year 2010 must be valued utilizing the level of value for the period of one and one-half years immediately prior to June 30th, 2008. A period of five years immediately prior to July 1, 2008 shall be utilized to determine the level of value if adequate data is not available from such one and one-half year period to adequately determine the level of value for a class of property. Said level of value shall be adjusted to the final day of the data-gathering period. Changes occurring between base years are not to be accounted for until the following level of value is implemented, other than additions, change in use, detrimental acts of nature, damage due to fire, etc., creation of a condominium, new regulations restricting or increasing the use of the land, or a combination thereof{39-1-104(11)(b)(I), CRS}. The comparable sales in this report were selected using county records, as well as the Multiple Listing Services. The Weld County Assessor's Office has verified that the comparable sales are arms-length transactions based on review of the Real Property Transfer Declaration, telephone or personal confirmation interviews and physical inspections to confirm property characteristics at the time of sale. Based upon investigation and analysis, it is the opinion of the appraisers that the value of $4,560,000 accurately reflects the market value of the subject property. VALUE AS INDICATED BY THE MARKET APPROACH $4,560,000 12 W CO / m 2 ca a) - -o af } in \ / \ ) { N.cri_ ° - / < } , , _ J ILCu / 7 8 / Q ‘1' § + { / j w La , ~ r - :i u5 05 r , ( k op 3 / § k ta) k � ) \ \ r to ` as 0. j _ II CV 3 ® L E 0 LO u CO 7 R « ±) R C . * - ! cc o _ 0- n ` ® r \ P: 1 j \ ` t \ K | § ( ; " O ac / 6 2 a & # - ca a e CO 49 4 0 � CO - P ;w co It_ \ w @k % § , N N (0 052 7 " f k § ! f } 7 ® ; di 43 2 co ° © ` > O 7 \ ] \ '('..1 0 ` J •-• E° -0 N \ | ® ® ° \ ! } \ f N OS a ] \ } La | ) ) A m ® ( 0 2 § ) c a) CO CO CONON ) / ® ! k \ co # ® ^ ~ f f k k La IC / § � ( LO \ CV 5 0 - $ � B / cri N _ , 2 ) ) - | \ ] $ k o c W ! , a ! e $ ! _ | 2 2 § k = 2 Si $ $ § 2 t § & § 7 m ; 4- L. , E a a ) 2 § 86 ! co _ G m - a w n D 4 0 0 0 ti. r . , �{ t ' r Nis' .,, *t . I • 3 r Address 3300 : 6- 1 Bed, 1 Bath .: ,ti �.. _ _ • , 6-2 Bed, 1 Beth s ,'t;.. .. _ 20.01 C 200 100' B•lwny "Cr § 20a 8etrnrri tilt el o ti el Otis . A74A ...! cl"F as - ,,, : b 6 t I f' t wool S r s o Second Floor2B486 SF sa Third Floor2848.5 SF ,' it/. 1 First Floor b to a 2964.0 SF g a * .. ' � r' 100 10.0' SO' 70 Oa I I . i kl A ---1 g -t- } ' - 8 •70 "" a8QSF 200 20.0' 480SF • " 01T ZV0J :.. _ . sketch try apex M" 44 COMPARABLE SALE #1 COUNTY: WELD ACCOUNT R2215186 PARCEL NUMBER: 095912220015 PRIMARY OCC: Apartment w/9 + Units PERCENT: 100% SECONDARY OCC: PERCENT: THIRD OCC: PERCENT: ADDRESS: 3300 thru 3430 W 13 ST GREELEY RECEPT NUMBER: 3557558 SALE DATE: 5/29/2008 GRANTOR: LILALCA LLC (25% INT) & SALE PRICE: $4,055,000 GRANTEE: BITTERSWEET VENTURES LLC ADJ SALE PRICE: YEAR BUILT: 1972 CLASS: C EFFECTIVE AGE: LAND/BLDG RATIO: 2.65 LAND SIZE (SF): 196,739 LAND VALUE: $720,065 BLDG SIZE (SF): 73,602 IMPS PRICE/SF: $45.31 WALL HEIGHT: SALE PRICE/SF: $55.09 STORIES: 3 PER UNIT: $42,240 BSMNT SIZE: DOWN PYMT: BSMNT FINISH: LOAN TERM (YRS): ZONING: GRE RH POINTS PAID: QUALITY: Average COMMENTS: Cottonwood Apartments has eight three story apartment buildings containing a total of 96 units. It has 48 1-bedroom 1-bai units renting for $500 to $550 per month, 36 2-bedroom 1-bath units renting for $610 to $650, 12 3-bedroom 2-bath units renting for $750 to $800 Landlord pays water, sewer, cable, and trash. Approximately 5% vacant at time of sale. Other amenities are the laundry facility, manager's office, swimming pool, and storage shed. Per unit sale price $42,240, GIM 6.00. Unable to confirmed sale with buyer. r 110.0' Bsmnt Cone 81t First floor 1631.0 at 1180"0 std. Second Floor • 29 b 0 4100.0 sq.Ro m • ; .i Bldg#3 10 Units 43.0' 36 0' 36.0 First Floor First Floor R , . 3268.0 sq.ft 3268.0 sq.It Second Floor Second Floor 3268.0 sq A 3288.0 sq.tl is et: �1,4!i r nab. O r • b @ b 2 • il Bldg it Bldg 92 8 Units8 Units _ a ail" - - $kettb by rpa Ms COMPARABLE SALE #2 COUNTY: WELD ACCOUNT R3719886 PARCEL NUMBER: 096119101010 PRIMARY OCC: Apartment w/9 + Units PERCENT: 100% SECONDARY OCC: PERCENT: ADDRESS: 1145 29 STRD, GREELEY RECEPT NUMBER: 3520096 SALE DATE: 11/16/2007 GRANTOR: HIGHLAND PROPERTIES 2307 LLC SALE PRICE: $1 , 138,900 GRANTEE: HARTZELL ROBERT E & ADJ SALE PRICE: $1 , 136.300 YEAR BUILT: 1967 CLASS: EFFECTIVE AGE: LAND/BLDG RATIO: 1 .40 LAND SIZE (SF): 29,961 LAND VALUE: $79,097 BLDG SIZE (SF): 21,432 IMPS PRICE/SF: $49.32 WALL HEIGHT: SALE PRICE/SF: $53.01 STORIES: 2 PER UNIT: $43,804 BSMNT SIZE: 1,634 DOWN PYMT: BSMNT FINISH: LOAN TERM (YRS): ZONING: GRE RH POINTS PAID: QUALITY: Average COMMENTS: The subject apartment has 3 bldgs containing 26 two bdrm units and selling for $43,804 per unit. The vacancy at the time of the sale was approximately 20%. The units are currently renting for $425 to $450 per month. Each unit had just been updated with new appliances before the sale. s iil i'r i riti' ` _.! r0! I / P1 --S • Are _ jam i -11R - 43.44Wi lillilli _ es- - COMPARABLE SALE #3 COUNTY: WELD ACCOUNT R0020493 & R3744186 PARCEL NUMBER: 096119101033 & 09611908031 PRIMARY OCC: Apartment w/9 + Units PERCENT: 100% SECONDARY OCC: PERCENT: ADDRESS: 1200 & 1231 29 STRD, GREELEY RECEPT NUMBER: 3448817 SALE DATE: 1/12/2007 GRANTOR: TWENTY NINTH STREET SALE PRICE: $2,500,000 GRANTEE: BERMUDEZ LUIS A ( 1/3 INT) & ADJ SALE PRICE: YEAR BUILT: 1971 & 1967 CLASS: EFFECTIVE AGE: LAND/BLDG RATIO: 1.81 LAND SIZE (SF): 77,775 LAND VALUE: $205,326 BLDG SIZE (SF): 42,888 IMPS PRICE/SF: $53.50 WALL HEIGHT: 8' SALE PRICE/SF: $58.29 STORIES: 2 per unit: $29,762 BSMNT SIZE: 21,444 DOWN PYMT: BSMNT FINISH: 20,256 LOAN TERM (YRS): ZONING: GRE RH POINTS PAID: QUALITY: Average COMMENTS: The sale involved two parcels. Parcel 096119108031 ( 1200 29th Street) contains five apartment buildings with 36 rentab units, and parcel 096119101033 ( 1231 29th Street) contains three apartment buildings with 48 units. The subject sale has a total of 84 units selling $29,762 per unit. CBOE_COMM_0' P4 -4- _ ril 0 , I4 _ sr _ . _. _ ---: I I 6 II ° ill r - - P I •RaiU ifr-1 ri iiiit. • i . it'lli \I s.rt pa & COMPARABLE SALE #4 COUNTY: l.arimer ACCOUNT R1252844+ PARCEL NUMBER: PRIMARY OCC: Apartment w/9 + Units PERCENT: 100% SECONDARY OCC: PERCENT: ADDRESS: 1225 W Prospect Rd, Ft Collins RECEPT NUMBER: 20070084545 SALE DATE: 02/01/2007 GRANTOR: WCRB SALE PRICE: $10.500,000 GRANTEE: Baker, Raymnond ADJ SALE PRICE: YEAR BUILT: 1985 CLASS: EFFECTIVE AGE: LAND/BLDG RATIO: 3.71 LAND SIZE (SF): 496,584 LAND VALUE: BLDG SIZE (SF): 133.621 IMPS PRICE/SF: WALL HEIGHT: SALE PRICE/SF: $78.58 STORIES: 2 — 167 rooms SALE PRICE/ROOM: $62,874 BSMNT SIZE: DOWN PYMT: BSMNT FINISH: LOAN TERM (YRS): ZONING: POINTS PAID: QUALITY: Average COMMENTS: CBOE_COMM_01 Pag COMPARABLE SALE #5 COUNTY: Lai-inter ACCOUNT PARCEL NUMBER: PRIMARY OCC: Apartment w/9 + Units PERCENT: 100% SECONDARY OCC: PERCENT: ADDRESS: 2155 W Orchard, Ft Collins RECEPT NUMBER: SALE DATE: 11/01/2007 GRANTOR: Smith Investments SALE PRICE: $9,750,000 GRANTEE: CJ Gower ADJ SALE PRICE: YEAR BUILT: 1984 CLASS: EFFECTIVE AGE: LAND/BLDG RATIO: 2.4 LAND SIZE (SF): 83,200 LAND VALUE: BLDG SIZE (SF): 105,996 IMPS PRICE/SF: WALL HEIGHT: SALE PRICE/SF: $91 .98 STORIES: 134 rooms SALE PRICE/ROOM: $72,761 BSMNT SIZE: DOWN PYMT: BSMNT FINISH: LOAN TERM (YRS): ZONING: POINTS PAID: QUALITY: Average COMMENTS: CBOE_COMM_0 Pa( CONCLUSION Real property for the tax year 2010 must be valued utilizing the level of value for the period of one and one-half years immediately prior to June 30th, 2008. A period of five years immediately prior to July 1, 2008 shall be utilized to determine the level of value if adequate data is not available from such one and one-half year period to adequately determine the level of value for a class of property. Said level of value shall be adjusted to the final day of the data-gathering period. Changes occurring between base years are not to be accounted for until the following level of value is implemented, other than additions, change in use, detrimental acts of nature, damage due to fire, etc., creation of a condominium, new regulations restricting or increasing the use of the land, or a combination thereof{39-1-104(11)(b)(I), CRS}. The subject property has been classified as Commercial Property for assessment purposes. Commercial property value shall be determined by appropriate consideration of the Cost Approach, Market Approach, and Income Approach to value. {39-1-103(5)(a) C. R. s.} The Assessor has considered all three approaches to value for the subject parcel on appeal. FINAL RECONCILIATION After consideration of the cost, market and income approaches, it is the Weld County Assessor's opinion that the value of$4,500,000 or $37,500 per unit , most accurately reflects the value of the subject property in Weld County for the 2010 tax year. COST APPROACH MARKET APPROACH INCOME APPROACH n/a $4,560,000 n/a ASSESSOR'S VALUE $4,500,000 CBOE_COMM_01099 Page 1: t w REAL AND PERSONAL PROPERTY NOTICE OF DETERMINATION Christopher M. Woodruff Date of Notice: 6/22/2010 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 Office Hours: 8:00 AM - 5:00 PM www.co.weld.co.us SCHEDULE/ACCOUNT NO. TAX YEAR TAX AREA LEGAL DESCRIPTION! PHYSICAL LOCATION R2130486 2010 0600 GR 17534-I PT TRACT B GREELEY PLAZA (PT NE4 12 5 66 WEST GREELEY ANNEX) BEG NW COR NE4 N89D54'E 857.43' w VILLAGE GREEN HOLDINGS LLLP S0D06'E 80'TO S LN 10 ST& HWY 34 C/O CARMEL COMPANIES INC S0D03'E ALG W LN 26 AVE 886.68'TO TRUE o 950 S CHERRY ST POB S0D03'E 55.45'TH ALG CURVE TO it DENVER, CO 80246 RIGHT(R=970' CHORD S02D40'W 92.03')TH a 1213 26 AV GREELEY,CO a ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ACTUAL VAOLUE PRIOR ACTUAL VALUE AFTER TREVIEW REVIEW RESIDENTIAL 4,500,000 4,500,000 TOTAL $4,500,000 $4,500,000 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 2007/2008 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.,, H r 1ST NET REAL ESTATE SERVICES INC - 3333 S WADSWORTH BLVD STE 200 LAKEWOOD CO 80227 2010-1625 c:. 207-Dares'—C t{Qp u ale APPEAL PROCEDURES County Board of Equalization Hearings will be held from July 1 through August 5 at 915 10`"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, Colorado 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 11. 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 9`"Avenue and 9/" Street, P.O. Box C Denver, CO 80203 Greeley, Colorado 80632 (303) 866-5880 Telephone (970) 356-4000 Ext. 4520 www.dola colorado.gov/baa 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, 2008? (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.) $ ,9,4OO,cap 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.) O9 mmcrregr ST,1,.. P&ASi,.4, co/O do u0 (4.41/C S,4Mi VACW ATTESTATION I I, the undersigned owner or agent' of the property identified above, affirm that the statements containe reiry any attachments hereto are true and complete. /- 7)0-963-S7SO 7 f/a tco,o Signature Telephone Number Date 1 Attach letter of authorization signed by property owner. 15-DPT-AR PR 207-08/08 NOD At 8381 *iiikAt - - it sit •isijimi-1st Net Real Estate Services,Inc: Y In irle 3333 S. Wadsworth Blvd. Suite 200 � 1� Lakewood CO 80227 *n al at .Phone:720-962-5750 llet ,, _, Fax:720-962-5760 LEITER OF AUTHORITY To Whom It May Concern: I, CARMEL COMPANIES/CARMEL PARTNERS am the owner, and/or agent of the owner, of the following real and/or business personal property: ADDRESS PARCEL/SCHEDULE NUMBER COUNTY SEE ATTACHED PROPERTY LIST: EXHIBIT A I do hereby authorize 1st Net Real Estate Services,Inc.to represent my interests and to appear on my behalf before County Assessor, County Board of Equalization, Board of County Commissioners, the Colorado Board of Assessment Appeals, binding arbitration, District Court, all Colorado state courts, and/or any other agency or entity with regard to any and all matter(s) concerning the valuation and taxation of the above mentioned property(s) for tax years 2009, 2010, and any or all previous years as allowed by Colorado law. The undersigned requests that copies of all decisions from any of the above entities, or any other agency or entity, as is involved pertaining to matters of valuation and/or taxation for the above-mentioned property(s),be mailed to: 1st Net Real Estate Services,Inc. 3333 South Wadsworth Blvd. Suite 200- Lakewood,CO 80227 Phone: (720)962-5750 Fax:. (720)962-5760 • I hereby expressly revoke any and all previous authorizations relating to the Property(s). Dated this I 1 tn-% day of A,{o w I 20 09. Signed, Signature: Print Name: RAy‘l `Z Fr— Title: 92bl L1C..[nlr Address: 950 South Cherry Street,Suite 1100 City,State,Zip: Denver,CO 80246 Phone: 303-759-5123 Fax#: 303-758-0898 STATE OF l' ik4PO�(i'" ) SS COUNTY OF ,�/� Swr��ri fo "ethis_ day ofeI 20 U Y� by Witness my hand and official seal. - V My Commission expires RUTH A.BOND'%0*_ commission dt talO3n4 2 ;;a i Notary Funk•California Notary �;c ' z ali �t�r San k�akiepao County Address �'1 4i _ IFc k_ _ i Caan. 6 121`2012 • J N a s a 11 Li u a a U J U J C Ho _ii3) .0 _tio[E'U U E N 715 J J mU XJ J dJJJU C J N J U J • Na _ �_ �_ yJofNLSiNNJ UZ N J J JC J WNUJ~ v dU o _ j o v a ¢ m m o c y . w a-Ni o aEvE oomJL W Na J W Ua C - J N d N - E FO (' N W - L' W UQ = D N C U Oa � d� cE coa `m w cN a vti Err - may � � c = v3omz ONN �: E m K E_ • c0 Y n to a s - • o aQE a�vi a c `m Q- EZ Kec ' mQ > m u v = ~ n mwr c • o rwC7 mAUoccn a o a a - odK 22 `o o c coc) ° vcu'1a '? Uet • TonraZ ~ NOO Uo y N = `o m 5� e3Um 0 3 o N 0 0 Ft O 0 0 Cli vi rl o Cl, c0 o 0 0 O o 0 r:4• ,—, w o 0 N pUj N ° M �T N 8 O W C O O M O Cl" 9 P+ E zLs, o eq . oN co ON d D O NO N �O W N 0 0 N W O O 1"'60 0 ' O no O) iO 9w) as z n00 motM M r ri 00 V] 0 rn _ o o o .M- n '< aG 0) N r O CO r NN '0 N N - MN • CD O Q - O W N r 0 M N O O O O O O O O O p — NI O N NM MO Oo O to O 000000000000000800 Z o V 0 (O N 0 0 N N n N m M 0 r M M ^ p • M W M N M .0010 O r ' 0 y O N t 1 0 0 0 O r O O O O O a r O N O r r O N ca M O M `� 34:"C-19S E CU r N N M r N N N N M N N N N g N O O O O . O O O O N V Q 'r V Q p r 't m a O O N m rM r N N N N N r N N M 1 0 0 0 O O 0 - - 000 0 0 �O N f0 O ? N OJ r 1- • 6000 „:0L0. o O U M M ONO O �O o o M N h N N M M N N M N M M M N M M N M N N M M CD N r N CO CO M (O O N V r f0 M O M r M CD r O a CO r n r r r n r r r r r n r r n n r r N N m 10 - - CO W N 0 N CO - „ .- 0., CO N N N 0 O N O) 0 m 0 0 0 0 0 0 0 0 m. N N - M M M O ` ' M M O M r N r n M tO:O .a r r r r N N N t0 CD (O 0 or or in M N V o O r g r 0 _ _ L d O Cl m • m dg To i °' al 0 J d '72 J N W .. N r m y 'c '^wa- m 15 N ✓ a 9 U c v > 'c min' U d > N E Q In °' 'c a v Q d ar 0 15 . - v v d V1 v W d 0 ac) v ' Q v 3 08 m QW v v y > <g C W w c r I-•I N > F ❑ N > a a U a,- _ N O U > "-IN= -‹_ > N 4E- 2 > O a > 0 N coon N 3 t0 J C N N a s U L.. N U N (CO r m o m m a L v v a m m v J«) L d m fI)D N O O 'c E u W a m C a a c o a c t ❑ r c E c t 3 W g > c N V ❑ ` O O W C C N N C .C U N C L_, N O b m LL ^ ' 0 m C y W(O C N C Z Y cimmm O `n5 o -' 1mJO. a' L m ' m . ; x � 2a' n LL L O 1 !TJ-6 -51'>a Co W C' J 0 0 0 N N N N in 0 0 J C 0 W 0 N m t J c J m M 0 y j N j y y ? M E W W N N z j J J ca al coo O cria Z W 0- coot:, >O (0 (/) fn m W ay W W Woo — ≥ = fn (/) 7 l/) W N W ro V) N f0 > cl U) M >N tAi 1 O N O O❑O f/)(O C Z a mr- non _ rno _ O r o n o W r r V O M O r �O 0 U W� ❑ O 0 c0 r 0 M M 0 M b Or Q J r N ¢ 0 m M (O N N N ry �O N P M N r N (0 M N 0 W O N V (O '0V_ 0 0 Ol O M C N (O r LO M N n r m Z 2 N N Z V' r 0 Y N V (M tO M M O r W W CO r r tor J W C O V v a C C O m m. v v IL to n m Z o o m .o _ will?, ry N N E a N m N gN • m O N Y W a - c v o a m U C W _ ≤ Y • aIZ = d C N C N .N. N a = 0 o i. w a ' . 9 a a o 0 d Nc 2E ,- 2 W l� a W ¢m m W 0 0= craw 0 3 • N N C , • L OO 0 = Na oocc ` aO i e m 3 O jN N LmW - co OO L C L v a aaa > I- 0 0 . f- m" K0 0Jv) ao ≤nmxr3i- m5 ®OQmrcHce O O C C C C C C C C N C C L• L L N W L L L 0 0 0 0 0 0 0 0 0 EOO W W m O O W v v v v v W v v W W 0 v 2 C 222 2 E a e e N W W W m m W L L L L L .C L L W 1� (Lp L N N N N N N N N N N •L O 0 ••0 m a m N N m Q E W W W W W W W W W > > > > > > > > > > t m 0 '-mi ¢ O > > > > v v a Q Q Q W W Q ¢ a W c c c C c c c c c c v m m m i Q ❑ 0 0 o a a o W W W W W ip N �0 0 o Q <p v v v v v a v v N v a O a D a U V c p ❑ c o o C O o 0 o w d o 0 0 0 Q Q Q Q Q O O Q ❑ ❑ ❑ ❑ ❑ ❑ ❑ r 0 0_ 88888888i, 0 0 0 0 0 0 03 . 15 ',2221_68,a o 0 0 U 7. } W2 d a D N C C > C > 2 G C . W O C C C C C C C C C C Y Y Y Y Y Y Y Y C N C C C m Y y 0 F C C C o m C co a> m v 0 O m N C C V 0 N m v a) m 0 N 0 v d co W co co co co W co 0 N N N N> W W L O W W W U' U' W ❑ ❑ ❑ ❑ 0 Q ❑ ❑ W W J Q ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ O ❑ J J J J J J J J Z (7❑0 ❑❑>JIJ H CLERK TO THE BOARD PHONE (970) 356-4000 EXT 4226 FAX: (970)352-0242 WEBSITE: www.co.weld.co.us.co.us 915 10TH STREET EH ID • P.O. BOX 758 GREELEY, COLORADO 80632 COLORADO July 22, 2010 VILLAGE GREEN HOLDINGS LLLP C/O CARMEL COMPANIES INC 950 S CHERRY ST DENVER, CO 80246 Parcel No.: 095912104018 Account No.: R2130486 Dear Petitioner(s): The Weld County Board of Equalization has set a date of July 28, 2010, at or about the hour of 1:30 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, 2010, and mailed to you on or before August 10, 2010. Because of the volume of cases before the Board of Equalization, all cases shall be limited to 15 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. 2010-1625 AS0076 VILLAGE GREEN HOLDINGS LLLP - R2130486 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 1ST NET REAL ESTATE SERVICES INC 3333 S WADSWORTH BLVD STE 200 LAKEWOOD CO 80227 2010-1625 AS0076 Hello