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HomeMy WebLinkAbout20091829.tiff(\tri Wine COLORADO August 10, 2009 GS PROPERTIES LLC 8215 W 20TH ST UNIT A GREELEY, CO 80634 CLERK TO THE BOARD PHONE (970) 336-7215, Ext. 4226 FAX: (970) 352-0242 P. O. BOX 758 GREELEY, COLORADO 80632 RE: THE BOARD OF EQUALIZATION, 2009, WELD COUNTY, COLORADO - DENY PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE DESCRIPTION OF PROPERTY: ACCOUNT #: R3365105 PARCEL #: 095908326001 - GR 2MVOP L6A MOUNTAIN VISTA OFFICE PARK 2ND RPLT SITUS: 8215 W 20 ST A GREELEY 000000000 Dear Petitioner: On August 5, 2009, 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 2009. 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 DETERMINED BY ASSESSOR ACTUAL VALUE AS SET BY BOARD $648,450 $648,450 2009-1829 ASp073 l � S, F I erpL 7 (Lt 7—rz O; /// r'' I GS PROPERTIES LLC - R3365105 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 2009-1829 AS0073 GS PROPERTIES LLC - R3365105 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 OBOE. 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. Very truly yours, Esther E. Gesick Deputy Clerk to the Board cc: Christopher Woodruff, Assessor CLIFTON NEELEY 8217 W 2OTH ST GREELEY, CO 80634 2009-1829 AS0073 Weld Count CHRISTOPHER M. WOODRUFF COUNTY ASSESSO BRENDA DONES, DEPUTY ASSESSO VALUATION REPORT OF COMMERCIAL PROPERTY FOR County Board of Equalization GS PROPERTIES LLC PETITIONER VS. WELD COUNTY ASSESSOR'S OFFICE RESPONDENT Parcel Number: 0959-08-3-26-001 Schedule Number: R3365105 Log Number: 2207 Date: 8/5/2009 Time: 1:45 PM Board: CBOE PREPARED BY STAN JANTZ Signature Date CBOE_COMM_O1C Pa€ ()?()9- /34 SALIENT FACTS AND CONCLUSIONS Purpose of Appraisal To determine Market Value as of 1/1/09 based on an appraisal date of 6/30/08. Property Rights Appraised Unencumbered fee simple interest. Location 8215 W 20 ST GREELEY Land Area 15,948 Square Feet Property Type Commercial 1— Office Building Year Built 2006 Year Remodeled Quality Average Class Wood Frame Number of Stories 1 Improvement Sq. Ft. 3,930 Basement Unfinished Sq. Ft. 1,275 Basement Finished Sq. Ft. Value Indications: Land $159,480 Cost Approach $638,723 Market Approach $688,000 Income Approach $672,000 Assessor's Value $648,450 CBOE_COMM_0109'. Page COST APPROACH LAND VALUE The comparative sales approach is the most reliable method of land valuation. Pursuant to 39-104- (10.2) (c) C. R. S., the Assessor may utilize sales from July 2003 through June 2008 to establish the proper value, if sufficient information is not available in the prior 18 months. Also, comparables outside the subject property area may be used. The Weld County Assessor has an established ongoing sales confirmation and validation program for property transactions used in developing value The land size of the subject is 15,948 square feet and is valued at $10.00 per square foot. Comparable 1 Comparable 2 Comparable 3 Address Mountain Vista Office Park 8201 W 20th Street Greeley Fox Run Business Park 1813 61st Avenue Greeley Sale Date Sale Price Land Size Per Sq Ft 1/17/06 $645,000 67,782 9.52 (three lots) 1/3/07 $373,755 38,115 9.81 Mountain Vista Office Park 8217 W 20th Street Greeley 3/1/05 $215,000 22,085 9.74 ASSESSOR'S SUBJECT LAND VALUE $10.00 X 15,948 S.F. = $159,480 Land Sales Map 7 CBOE_COMM_01 Pa Subject Photo & Sketch 75.0' "'t' IIIIIIII 20.0' 50 0' R e Q a z V CQ 4 R Office 812007 Class D Packagrair 8'wt 810' cD 300' 3Si OP 77.0 sr nu! I Stets i 180 First Floor 33330 sq. 0. Storage Bent 1275A sq. A. dx by Kai W COST APPROACH SUMMARY A The Assessor is currently using Marshall and Swift cost tables for the cost approach of commercial properties in Weld County, which has been approved by the Division of Property Taxation to be utilized by Colorado Assessors. The structure has been classified properly utilizing the Marshall and Swift Valuation service and an appropriate value assigned. A land value has likewise been established through the utilization of vacant land sales of comparable properties. Improvement Value $479,243 Land Value $159,480 TOTAL VALUE BY THE COST APPROACH $638,723 CBOECOMM 01( Par, MARKET APPROACH COMPARABLE OFFICE SALES k ADDRESS Grantor/Grantee Date of Sale Sale Price Square Foot Price Per Sq Ft Subject 8215 W 20th St. Greeley 3,930 165.00 1 4675 20th Street Greeley Warkentin Construction / Lancelot Holding LLC 4/10/2008 $700,000 4,316 162.18 2 4627 20111 STRD Greeley Landmark I LLC / S E 2 Limited Liability 4/27/2006 $950,000 5,572 170.19 3 7251 20th Street Greeley Tom Keberlein / Haythorn Commercial Properties 2/28/2006 $1,500,000 8,154 183.95 4 8219 W 20th Street Unit 1 Greeley Prothe Properties / Kaleb Holdings LLC 5/9/2008 $300,000 1,708 175.64 5 8219 W. 20th Street Unit 2 Greeley Prothe Properties / Holiday Manor LLC 8/30/2007 $330,000 1,672 197.36 Subject was purchased August 2006 for $633,300 for core and shell only. The owner stated they pa an additional $150,000 for the interior. This equates to a total of $783,300 or $199 per square foot. THE AVERAGE FOR ALL FIVE MARKET SALES IS $177.92 PER SQUARE FOOT MARKET CALCULATIONS SUBJECT 3,930 SQ. FT. TIMES $175.00 PER SQ. FT. EQUALS $688,000 rounded Market Sale Map CBOE_COMM_01 C Pa Comparable Number 1 COMPARABLE SALE ACCOUNT PRIMARY OCC: SECONDARY OCC: THIRD OCC: 80852301 Office ADDRESS: 4675 20 STRD GREELEY RECEPT NUMBER: 3547759 GRANTOR: WARKENI'IN R A CONSTRUCTION GRANTEE: LANCELOT HOLDING LLC YEAR BUILT: 2000 EFFECTIVE AGE: LAND SIZE (SF): BLDG SIZE (SF): WALL HEIGHT: STORIES: BSMNT SIZE: BSMNT FINISH: ZONING: QUALITY: 4.316 10 1 1,062 GRE CL Average USA Iv Ilse Pr 7'0 II I'llllllllll[I OF) 19 0' 33 2' COUNTY: WELD PARCEL NUMBER: 095914224001 PERCENT: 100% PERCENT: PERCENT: SALE DATE: SALE PRICE: ADJ SALE PRICE: CLASS: LAND/BLDG RATIO: LAND VALUE: IMPS PRICE/SF: SALE PRICE/SF: INTEREST RATE: DOWN PYMT: LOAN TERM (YRS): POINTS PAID: 4/10/2008 $700.000 D $162.18 Canopy 239 SF 19 0' COMMENTS: LOWER RANGE SELLING PRICE DUE TO SELLER WITH FINANCAL ISSUES. BASEMENT UNFINISHED STORAGE. First Floor 4316 0 SF Basement Storage 10620 SF CBOE_COMM _010c Page Comparable Number 2 COMPARABLE SALE ACCOUNT PRIMARY OCC: Office SECONDARY OCC: THIRD OCC: R2975204 ADDRESS: 4627 20 S1RD UNIT -I GREELEY RECEPT NUMBER: 3383086 GRANTOR: LANDMARK I LLC GRANTEE: S E 2 LAND LIMITED LIABILITY YEAR BUILT: 2004 EFFECTIVE AGE: LAND SIZE (SF): BLDG SIZE (SF): 5,572 WALL HEIGHT: 12 STORIES: 1 BSMNT SIZE: BSMNT FINISH: ZONING: QUALITY: Good A q. • live" 34 0' t 3 3 a:. 208 204 2'-51^ 74.0' 3 9 b1 _ Office Condo First Floor 5572 Cr BUM 2004 32 0' Open O16c• Open Oece Mtn 1024.4' Oa! !Copy Roan 105.4x"^ 19%5' g r -:- 110__ swwyr ib 150' • ' zz --- °°. ;m Copy Lob:- tin klttAenetle ,0,. E $3•8 0' I 0 0' 270 Offices 3420' 170' .4 R•cepson 160' 420' Coy 160' 161.A.'I.e. tea• 34 0' 340' 30' ifr 260' Oakes 762 9' 42.0' Tenant Finish (2004) COUNTY: WELD PARCEL NUMBER: 095914235001 PERCENT: 100% PERCENT: PERCENT: SALE DATE: SALE PRICE: ADJ SALE PRICE: CLASS: LAND/BLDG RATIO: LAND VALUE: IMPS PRICE/SF: SALE PRICE/SF: $170.49 INTEREST RATE: DOWN PYMT: LOAN TERM (YRS): POINTS PAID: 4/27/2006 $950,000 COMMENTS: BUILDING 100% OCCUPIED AT TIME OF PURCHASE. I) 420' 30' CBOE_COMM _01 C Pac Comparable Number 3 COMPARABLE SALE ACCOUNT PRIMARY OCC: Office SECONDARY OCC: THIRD OCC: R1357202 w 8 0 0 O m I I S' •1 31 00' lh4 k Medical (nfc• Finished IA17Osq Finished 1617.0 31WSR Taal fNfl flow LI5a Kt Finish Bunt 1,617 set R IEa 9: lfi Medical Office Bn 2002 Class 0 Pat hagtIa 1O'vwh 74610 tq II 13W 7225' c•e•N l Nap • •N30w4 HMO ea a L Sluewa*o3Tosia *elk al Call f rutted 2005 1,504 0 t0 ft 60 50' O U• 310 t Z VMJ O UMJ viantatiadivea t•,492.Oft 13W s ? Cape 3100' It0n N apse M Sea As .42 Pxkinp 8125 aq.R COUNTY: WELD PARCEL NUMBER: 095908401005 PERCENT: 100% PERCENT: PERCENT: ADDRESS: 7251 20 ST UNITS - .1 & K GREELEY RECEPT NUMBER: 3367057 SALE DATE: GRANTOR: TOM KEBERLEIN CONSTRUCTION LLC SALE PRICE: GRANTEE: 1-LAYTI-TORN COMMERCIAL PROP LLC ADJ SALE PRICE: YEAR BUILT: 2002 EFFECTIVE AGE: LAND SIZE (SF): 54,144 BLDG SIZE (SF): 8,154 WALL HEIGHT: 10 STORIES: 1 BSMNT SIZE: BSMNT FINISH: ZONING: GRE CI -I QUALITY: Average COMMENTS: MULTIPLE TENANT BUILDING. CLASS: LAND/BLDG RATIO: LAND VALUE: IMPS PRICE/SF: SALE PRICE/SF: INTEREST RATE: DOWN PYMT: LOAN TERM (YRS): POINTS PAID: 2/28/2006 $1,500,000 D 6.64 $292,378 $148.10 $183.95 Q1 CBOE_COMM _010≤ Page Comparable Number 4 COMPARABLE SALE ACCOUNT PRIMARY OCC: Office SECONDARY OCC: THIRD OCC: R4925007 ADDRESS: 8219 W 20 ST UNIT -A GREELEY RECEPT NUMBER: 3552880 GRANTOR: PROTHE PROPERTIES LLC GRANTEE: KALEB HOLDINGS LLC YEAR BUILT: 2005 EFFECTIVE AGE: LAND SIZE (SF): BLDG SIZE (SF): WALL HEIGHT: STORIES: BSMNT SIZE: BSMNT FINISH: 1,708 10 1 583 ZONING: QUALITY: Average COMMENTS: Sale included interior finish. 1 p. O +w:.ti Mar 2300 $2.... vtnflWRamp Contre� 75900Sf 1 �_.........._..... .... r$ adopt �$ tt600Y • 1N Fea FIour3%7 55 Sr 80 6?' 600 0800' VISO lfia•2 1,672 SF tib 454 :GCE 99: GCE ttss 5 a GCE 301* s:s 3020 401' Io :41 59' Shell on 1/IA7 Lint 1 1,706 SF 31 55 7{.T $1 Camila 17..0896 13008 COUNTY: WELD PARCEL NUMBER: 095908329001 PERCENT: 100% PERCENT: PERCENT: SALE DATE: 5/9/2008 SALE PRICE: $300,000 ADJ SALE PRICE: CLASS: LAND/BLDG RATIO: LAND VALUE: IMPS PRICE/SF: SALE PRICE/SF: INTEREST RATE: DOWN PYMT: LOAN TERM (YRS): POINTS PAID: D $175.64 CBOECOMM _010 Pag Comparable Number 5 COMPARABLE SALE ACCOUNT PRIMARY OCC: Office SECONDARY OCC: THIRD OCC: ADDRESS: R4925107 8219 W 20 ST UNI"I'-2 GREELEY RECEPT NUMBER: 3501429 GRANTOR: PROTHE PROPERTIES LLC GRANTEE: HOLIDAY MANOR LLC (50% INT) & YEAR BUILT: 2005 EFFECTIVE AGE: LAND SIZE (SF): BLDG SIZE (SF): 1,672 WALL HEIGHT: 10 STORIES: 1 BSMNT SIZE: 602 BSMNT FINISH: ZONING: QUALITY: Average s.acn M p.. Ret. 2300 49 t Conctel 259 00 Si $: YMte llllllm/ canon Full Floor39EiT 55 n:. _. .... _......_..... ttS 00 SF 80 FT 32 70 COUNTY: WELD PARCEL NUMBER: 095908329002 PERCENT: 100% PERCENT: PERCENT: SALE DATE: SALE PRICE: ADJ SALE PRICE: COMMENTS: BASEMENT UNFINISHED STORAGE. CLASS: LAND/BLDG RATIO: LAND VALUE: IMPS PRICE/SF: SALE PRICE/SF: INTEREST RATE: DOWN PYMT: LOAN TERM (YRS): POINTS PAID: 8/30/2007 $330,000 D $197..36 1200 CBOECOMM 01( Page INCOME APPROACH OFFICE LEASE COMPARABLES Address Start Date End date Square Rate NNN Feet # Mtn Vista Business Park 1 7251 W 20th St, Bldg L, U nit 100, Greeley # Mtn Vista Business Park 2 7251 W 20th St, Bldg P, U nit 1, Greeley # Mtn Vista Business Park 3 7251 W 20th St, Bldg N, U nit 3, Greeley # Fox Run Business Park 4 1703 61St Ave Unit 103, Greeley 02/01/2005 11/01/2006 12/01/2006 01/31/2011 10/31/2011 11/30/2011 3,147 $17.39 1,851 $17.00 1,620 $15.00 10/23/2006 10/31/2009 2,400 $15.00 LEASE COMPARABLE MAP CAPITALIZATION RATE After considering the Band of Investment method and the Market Comparison method it has been determined that the Capitalization rate to be used for the June 30, 2008 appraisal date should be 7.75 percent. The 2008 winter issue of Burbach & Associates was also consulted. Cl3OL= COMM 01' Page Income Capitalization Potential Gross Income (Net SF 3,930 X $16.00 NNN) $62,880.00 Less Vacancy & Loss 10% $6,288.00 Effective Gross Income $56,592.00 Less Management 5% $2,829.60 Less Reserves 3% $1,697.76 Net Operating Income $52,064.64 Capitalization Rate 7.75% Income Value $671,801.81 Rounded to $672,000 C GOE_COMM_01C Page FINAL RECONCILIATION COST APPROACH MARKET APPROACH INCOME APPROACH $638,723 $688,000 $672,000 ASSESSOR'S VALUE $648,450 CBOE_COMM_070'. Page REAL AND PERSONAL PROPERTY NOTICE OF DETERMINATION Christopher M. Woodruff WELD Assessor 1400 N 17th Ave GREELEY, CO 80631 Date of Notice: 6/24/2009 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM HEDULE/ACCOUNT NO. R3365105 TAX YEAR 2009 TAX AREA 2149 GS PROPERTIES LLC 8215 W 20TH ST UNIT A GREELEY, CO 80634 a. LEGAL DESCRIPTION/ PHYSICAL LOCATION GR 2MVOP L6A MOUNTAIN VISTA OFFICE PARK 2ND RPLT SITUS: 8215 W 20 ST A GREELEY 000000000 8215W20STA GREELEY, CO 000000000 648,450 648,450 ACTUAL VALUE COMMERCIAL PRIOR VALUATION. TOTAL -1 $648,450 $648,450 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: LHO2 - No change has been made to the valuation of this property. Colorado law requires us to send this notice of denial for all properties on which we do not adjust the value. 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. NEELEY CLIFTON 8217 W 20 STREET GREELEY CO 80634 2009-1829 County Board of Equalization Hearings will be held from July 1 through August 5 at 915 10`h 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.00v/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.) $ fiy n o0 0 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.) Myra (Sc I .._ ) ATTESTATION I, the undersigned owner oragent' of the property identified above, affirm that the statements contained rein and on ny0attachments hereto are true and complete. C_ ?7O -576-- sayo 7//57a-0 6 j Signatur Telephone Number Dale, :i1 CJ Si Attach letter of authorization signed by property owner. 15-DPT-AR PR 207-08/08 NOD 4. 2678 May 30, 2009 Weld County Assessor 1/we hereby authorize Clifton Neeley to act as agent in the property valuation appeal process regarding the property located at Greg Goodell GS Properties, LLC 8215 W. 20th Street Greeley, CO 80634 Clifton Neeley 8217 W. 20th Street Greeley, CO 80634 Office (970) 673-8653 Cell (970) 576-5240 pc!) COLORADO July 27, 2009 GS PROPERTIES LLC 8215 W 20TH ST UNIT A GREELEY, CO 80634 Dear Petitioner(s): CLERK TO THE BOARD PHONE (970) 356-4000 EXT 4226 FAX: (970) 352-0242 WEBSITE: www.co.weld.co.us 915 10TH STREET P.O. BOX 758 GREELEY, COLORADO 80632 Parcel No.: 095908326001 Account No.: R3365105 The Weld County Board of Equalization has set a date of August 5, 2009, at or about the hour of 1:45 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, 2009, and mailed to you on or before August 12, 2009. 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. GS PROPERTIES LLC - R3365105 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 LL Esther E. Gesick Deputy Clerk to the Board cc: Christopher Woodruff, Assessor CLIFTON NEELEY 8217 W 29TH ST GREELEY, CO 80634 Hello