HomeMy WebLinkAbout20101162.tiff RESOLUTION
RE: APPROVE, IN PART, PETITION FOR ABATEMENT OR REFUND OF TAXES -
POUDRE VALLEY HEALTH CARE, INC.
WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to
Colorado statute and the Weld County Home Rule Charter, is vested with the authority of
administering the affairs of Weld County, Colorado, and
WHEREAS, the Board of County Commissioners of Weld County, State of Colorado, at
a duly and lawfully called regular meeting held on the 7th day of June, 2010, at which meeting
there were present the following members: Chair Douglas Rademacher, and Commissioners
Sean P. Conway, William F. Garcia, Barbara Kirkmeyer, David E. Long, and
WHEREAS, notice of such meeting and an opportunity to be present has been given to
the taxpayer and the Assessor of said County, with said Assessor, Christopher Woodruff, being
present, and taxpayer Poudre Valley Health Care, Inc., not being present, and
WHEREAS, the Board of County Commissioners has carefully considered the attached
petition, and is fully advised in relation thereto.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of
Weld County, Colorado, that the Board concurs with the recommendation of the Assessor and
the petition be and hereby is, approved, in part, and an abatement or refund be allowed as
follows:
CORRECTION
TO ASSESSED ABATEMENT TAX
VALUATION OR REFUND YEAR
$92,064.00 $8,395.23 2007
$92,064.00 $8,622.16 2008
S}ak • 7c 2010-1162
P -1 t0 AS0075
TAX ABATEMENT PETITION - POUDRE VALLEY HEALTH CARE, INC.
PAGE 2
The above and foregoing Resolution was, on motion duly made and seconded, adopted
by the following vote on the 7th day of June, A.D., 2010.
BOARD OF COUNTY COMMISSIONERS
WELD COUN Y, ((COLORADO
ATTEST!'" •�� a` t ' — b!9-r 4 c
raou. . Rade bch-r, Chair
Weld County Clerk to th B6
ail BY:
A :arbara Kirkme er, Pro- em
►
Deputy Cler" to t e Boar�'�� (�
Sean P. Conwa �
AP AS RM: �/����
17ViIHa / . Garcia
nt orney r crl
David E. Long
Date of signature:!f! f11 J
2010-1162
AS0075
t .
PETITION FOR ABATEMENT OR REFUND OF TAXES Q� nC'
County:Weld I r�_L B (;0: t'f Fkceived C�QO /— O5
commis-310,r trassofsorCommissioners'DateStamp)
t3
Section l: Petitioner,please complete Section Ilax-
P J I S A 9: 18
Date: December 3 2009 _ _.
Month Day year ,�]r r,. pg ;
r\�L .�. 1 -V E V DECa/L
Petitioner's Name: Poudre Valley Health Care,Inc. EC 2 2 `009
Petitioner's Mailing Address:2315 E.Harmony Rd.,STE 200
WELD COUNTY A66 68On
Fort Collins co 80528 GREELEY, COLORADO
City or Town Stale Zip Code
SCHEDULE OR PARCEL NUMBER(S) PROPERTY ADDRESS OR LEGAL DESCRIPTION OF PROPERTY
R8402799 1455 Main St.
Petitioner states that the taxes assessed against the above property for property tax year(s) 2007 and 2008
are incorrect for the following reasons: (Briefly describe the circumstances surrounding the incorrect value or tax.
Attach additional sheets if necessary.)
Property is overvalued. See attached"Appeal of Real Property Valuation". e'
C
N
CJs
Petitioner's estimate of value: $ 2,009,200 ( 2007 )and $2,009,200 ( 2008 )
Value Year Value Year
Petitioner requests an abatement or refund of the appropriate taxes. fV
I declare,under penalty of perjury in the second degree,that this petition,together with any accompanying exhibits .c..
or statements,has been prepared or examined by me,and to the best of my knowledge,information and belief,is a
true,correct,and complete.
004404
Daytime Phone Number( 1
Petitipnef toref `'
gy �V Daytime Phone Number(303 ) 3(O 6-O 50 D
A nt s Signet
n�s2 l3o 1.0rjpo LA( -
'Letter of agency must be attached when petition is submitted by an agent.
If the board of county commissioners,pursuant to section 39.10-114(1),or the property tax administrator,
pursuant to section 39-2-116,denies the petition for refund or abatement of taxes In whole or in part,the
petitioner may appeal to the board of assessment appeals pursuant to the provisions of section 39-2-125
within thirty days of the entry of any such decision,§39-10-114.5(1),C.R.S.
Section II: Lt vy Assessor's Recommendation LE V V
(7/let.
(For Assessor's Use Only) �1 9> (P�'t/
TE•Xe �e
., ;4 ; Tax Year ?co 7 Tax Year a00$
Actual Assessed Tax Actual Assessed Tax
Original 2459 2,622 737,357 467/2-364W A/542/622 737 357 $69,056.113
corrected 2, 23 iiA 6'/s?93 S tie3 2,X,15,16/ 69s 233 *6o434.27
Abate/Re nd 3/7H6/ ci ob'f SS,39, 23 317,44/ 92/0O1 11$1622./6
Assessor recommends approval as outlined above.
No protest was filed for the year(s): or (If a protest was filed,please attach a copy of the NOD.)
❑Assessor recommends denial for the following reason(s):
_ /✓ 6 '
-- ssessoes or)'put As 'ssor's Signet e
15-DPT-AR No.920-66/06
2010-1162 %).y.
FOR ASSESSORS AND COUNTY COMMISSIONERS USE ONLY
x (Section III or Section IV must be completed)
Every petition for abatement or refund filed pursuant to section 39-10-114 shall be acted upon pursuant to the provisions of this section by the
board of county commissioners or the assessor,as appropriate,within six months of the date of filing such petition,§39-1-113(1.7).C.R.S.
Section III: Written Mutual Agreement of Assessor and Petitioner
(Only for abatements up to$1,000)
The commissioners of County authorize the assessor by Resolution No.
to review petitions for abatement or refund and to settle by written mutual agreement any such petition for
abatement or refund in an amount of one thousand dollars or less per tract,parcel,or lot of land or per schedule
of personal property,in accordance with§39-1-113(1.5),C.R.S.
The assessor and petitioner mutually agree to the values and tax abatement/refund of:
Tax Year Tax Year
Actua Assessed Tax Actual Assessed Tag
Original
Corrected
Abate/Refund
Note:The total tax amount does not include accrued interest,penalties,and fees associated with late and/or delinquent tax payments,if
applicable. Please contact the county treasurer for full payment information.
Petitioner's Signature Date
Assessor's or Deputy Assessor's Signature Date
Section IV: Decision of the County Commissioners
(Must be completed if Section III does not apply)
WHEREAS,The County Commissioners of County,State of Colorado,at a d and lawfully
called regular meeting held on / / ,at which meeting there were present the f wing members:
Month Day Year
with notice of such meeting and an opportunity to be present having been give o the taxpayer and the Assessor
of said County and Assessor (being present--not present)and
Name
petitioner (being prese -not present),and WHEREAS,The said
Name
County Commissioners have carefully considered the within ition,and are fully advised in relation thereto,
NOW BE IT RESOLVED,That the Board(agrees--does t agree)with the recommendation of the assessor
and the petition be(approved--approved in part--de ed)with an abatement/refund as follows:
Year Assessed Value Taxes Ab /Refund ear n Assessed
Value/� (//�{� �TTaxes Apale/Refund
P Al-k 111'fl-.n'17L
Chairperson of the Board of County Commissioners'Signature
County Clerk and Ex-officio Clerk of the Board of County Commissioners
in and for the aforemen' ned county,do hereby certify that the above and foregoing order is truly copied from the
record of the procee ' gs of the Board of County Commissioners.
IN WITNESS EREOF,I have hereunto set my hand and affixed the seal of said County
this day of
Month Year
County Clerk's or Deputy County Clerk's Signature
ote: Abatements greater than$1,000 per schedule,per year,must be submitted in duplicate to the Property Tax Administrator for review.
Section V: Action of the Property Tax Administrator
(For all abatements greater than$1,000)
he action of e Board of County Commissioners, relative to the witpin petition, reby
❑ ed ❑Approved in parts ^• ❑ nifd for the I win a (s):
Secretary's Signal a Pr perry Tax Administrator's Si na a Date
15-D T-AR o.920-66/06
•-•• -. -vv ..... ..1•v nu S.11-4114111 11.• ❑UVVUIrI IIYU run NU. y(U ej( (JyU F. (][j
Property Tax Advisors, Inc. (303)368-0500
3090 S.Jamaica Ct., Suite 204 FAX(303)368-0573
Aurora,Colorado 80014
CONSULTANT- AGENCY AGREEMENT
Xa Corporation
Property Owner: Poudre Valley Health Care Inc. _a Partnership
as Individuals
County: Weld a Trust
P.I.N. Property Address
R8402799 1455 Main St.
The undersigned hereby appoints and authorizes Property Tax Advisors,Inc.as its Agent and Consultant in the preparation and
execution of a real estate valuation appeal(s)on behalf of the undersigned in regard to the above enumerated property(ies)for the
assessment year(s)2009-2010 and for the prior two years. The undersigned further authorizes Property Tax Advisors,Inc.,as
Agent of the undersigned,to execute and cause to be filed on behalfofthe undersigned,in the name ofthe undersigned,any and
all documents relating to an appeal of the subject property's(ics')valuation(s).
iii
This agreement is executed this ale l dayof 20 07.
13Y:Li‘CCe If
Print Ntune: �. She'✓fn./ C Ea-whoa-eel Titlo:�/j2,Czn .... /A/Avc.sa v
( f Corporation, your title; (or) Ow er, General Par r,
Telephone No.: 97x-237 - 73ov Lessee,Property Manager,Power of Attorney,Trustee,etc.)
Fax No.: 9'7O • .2?7 - 76 ro
•
Rev. I I/08
Agent: PROPERTY TAX ADVISORS, INC.
3090 South Jamaica Court, Suite 204
Aurora, Colorado 80014
TEL: (303)368-0500; FAX: (303)368-0573
Petition To: BOARD OF COUNTY COMMISSIONERS
Subject: APPEAL OF REAL PROPERTY VALUATION
Tax Year: 2007 & 2008
County: Weld
Schedule Number: R8402799 PTA# 3894A
Property Address: 1455 Main St.
Property Owner: Poudre Valley Health Care, Inc.
Inclusions: _ Photograph(s) of Subject Property
Correlation and Conclusions
X Income Approach
Market Sales
Cost Approach
Salient Facts
Report Date: 12/3/09 Effective Date: 6/30/08
PETITIONER'S FINAL ESTIMATE OF VALUE: $2,009,200
Value per Square Foot: $98.59
ASSESSOR'S VALUE: $3,026,919
Value per Square Foot: $148.53
Site Size 169,239 s.f. YOC 1999 Effective Bldg. Age (yrs) 25
Gross Building Area 20,379 s.f. Remaining Econ. Life (yrs) 15
Land to Bldg. Ratio 8.3 :1 Zoning Comm. Construction Masonry
Use: Medical Office
•
Market Income-W
Rental Rate: $0.00 /sf
Source: Market
Factors Affecting Rental Rate:
0 sf x 0.00 /sf= $0
0 sf x $0.00 /sf= $0
0 sf x $0.00 /sf= $0
Potential Gross Income $ 241,704
Source: Historic Occupancy Rate X 0.95
Effective Gross Income $ 229,619
Source: Market 30% Expenses - 68,886
Net Operating Income $ 160,733
Source: Cap Rate 8% Capitalization Rate = 0.08
VALUE BY INCOME APPROACH $ 2,009,165
Say $ 2,009,200
Comments:
The subject property has experienced extremely high vacancy in 2006,
2007, and 2008. In 2006 approximately 14,593 s.f. was vacant. The
portion of the property that was occuppied received $22-$23/s.ftThis
rental rate was applied to the entire building with only a 5% vacancy ----emc`k,o,t
factor. nits
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CLERK TO THE BOARD
PHONE: (970) 336-7215, EXT. 4226
d FAX: (970) 352-0242
915 10TH STREET
P.O. BOX 758
GREELEY, COLORADO 80632
ci
COLORADO
MAY 6, 2010
POUDRE VALLEY HEALTH CARE INC
2315 E HARMONY RD STE 200
FT COLLINS CO 80528
RE: SCHEDULE NUMBER R8402799
Dear Property Owner:
This is to advise you that the Weld County Board of Commissioners will hear your petition for
abatement or refund of taxes on the property described as: 1455 Main St. The meeting is
scheduled for June 7, 2010, at 9:00 a.m., in the First Floor Meeting Room, Weld County
Centennial Center, 915 10th Street, Greeley, Colorado.
The Assessor is recommending that the Board approve your petition. You are not required to
be present at this hearing; however, this is your opportunity to have your position heard,
especially if your position is opposed to the Assessor's recommendation. If you intend to
submit any documentation in support of your position for this hearing, all such documentation
must be submitted to the Office of the Clerk to the Board and to the Weld County Assessor's
Office at least seven calendar days prior to the meeting date in order for it to be considered at
the scheduled hearing.
If you have any questions concerning this matter, please do not hesitate to contact me at
(970) 336-7215, Extension 4226.
Sincerely,
Esther E. Gesick
Deputy Clerk to the Board
cc: Assessor
PROPERTY TAX ADVISORS INC
3090 S JAMAICA CT STE 204
AURORA CO 80014
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