The URL can be used to link to this page

Browse Search

Home My WebLink About20092188.tiff:;17 WIk COLORADO August 21, 2009 MID OHIO SECURITIES CORP CUSTODIAN FBO & C/O JAMES THOMAS WILLIAM JR IRA 32953 141 AUDUDON PL HAILEY, ID 83333 Dear Petitioner(s): CLERK TO THE BOARD PHONE (970) 356-4000 EXT 4226 FAX: (970) 352-0242 915 10TH STREET P.O. BOX 758 GREELEY, COLORADO 80632 Parcel No.: 096131401008 Account No.: R0303795 Based upon information furnished to the Weld County Board of Equalization, we understand that you have withdrawn the petition challenging the valuation of the above PIN number. Please be informed that a withdrawn petition precludes any further challenge to the valuation of the above PIN number for this assessment period. Therefore, the Board of Equalization took no action on your petition and the assessed value remains as set by the Assessor. Very truly yours, BOARD OF EQUALIZATION ltt ,' l . -6 4-0:O, Esther E. Gesick Deputy Clerk to the Board cc: Christopher Woodruff, Assessor DOWNEY AND MURRAY LLC 383 INVERNESS PARKWAY STE 300 ENGLEWOOD, CO 80112 2009-2188 AS0073 • AS, O A, PE t- O---trrre 0 iaWe i 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 SHEDULEIACCOUNT NO. Al-DESCRIPT LOCAT R0303795 2009 0160 MID OHIO SECURITIES CORP CUSTODIAN FBO & C/O JAMES THOMAS WILLIAM JR IRA 32953 141 AUDUDON PL HAILEY, ID 83333 LAS 11541-A L4-5-6 BLK16 MC CUTCHEONS 2NDEXCNWLY18'HWYR 524N2STLA SALLE 806450000 524 N 2 ST LA SALLE, CO 806450000 AT 634,900 634,900 AL vALGE AFTER COMMERCIAL TOTAL $634,900 $634,900 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 of 2007 and the first 6 months of 2008 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. DOWNEY & MURRAY LLC 383 INVERNESS PARKWAY SUITE 300 ENGLEWOOD CO 80112 2009-2188 rrr C_ 15-tPF}AR N4R 202.48108 ' NOD *fl43 � APPEAL PROCED County Board of Equalization Hearings will be held from July 1 through August 5 at 91510`" 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. 1 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.) $ S4Z SS 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.) ( Q o iL& r/ P c i ATTESTATItNa I, the undersigned owner or agent' of the property identified above, affirm that the statements tained engiand ony ttac ments hereto are true and complete. Ott 3v3 -o/3 -N/ / —7 57 Telephone Number Date ignature ' Attach letter of authorization signed by property owner. 15-DPT-AR PR 207-08/08 NOD #: 1743 94 DOWNEY & MURRAY LLc ATTORNEYS AT LAW July 14, 2009 VIA CERTIFIED MAIL RETURN RECEIPT REQUESTED Weld County Board of Equalization 915 10th Street, P.O. Box 758 Greeley, CO 80632 Re: 524 N 2nd St Schedule/Parcel Number: 096131401008 Dear Clerk to the Board: Thomas E. Downey, Jr. 303 813-1111 ted(ddowneymurray.com We represent the owner of the above referenced real property in Weld County. Enclosed is a Petition to the Board of Equalization protesting denials, or inadequate adjustments, by the Weld County Assessor. The Notice of the hearing on this matter should be directed to the undersigned. I am not available for hearings on August 3rd through the 5th. Thank you for your cooperation in this regard. Should you have questions, please call. Further, pursuant to C.R.S.§ 39-8-107(3), Petitioner, for each protest, hereby request that the Assessor provide all data supporting the assessor's determination of actual value to the undersigned no later than two working days prior to the CBOE hearing. TED/ss Enclosure cc: McIntosh & Associates Very truly yours, *al> 12-ttM7 Thomas E. Downey, Jr. 383 Inverness Parkway u Suite 300 a Englewood, Colorado 80112 - fax 303 813-1122 EXHIBIT "A" ATTACHMENT TO COUNTY BOARD OF EQUALIZATION PETITION OF MID OHIO SECURITIES CORP CUSTODIAN FBO & C/O JAMES THOMAS WILLIAM JR - SCHEDULE NO. /PARCEL NO. 096131401008 1. The Assessor has failed to give appropriate consideration to all the requisite approaches to valuation in determining the value of the property. 2. The current year actual value assigned by the assessor does not reflect the actual value of the subject property during the 18 month period ending June 30, 2008. 3. Upon consideration of all the approaches to value, values given to comparable land and improvements and upon consideration of the requirements of Colorado law that require that assessments be uniform, just and equitable, a reduction in the current year actual value of this property is warranted. 4. The attached analysis of McIntosh & Associates indicates that the value should be reduced to $562,558. McIntosh & Associates, LLC Il t a l lv ,, ., t r I ,, I i n 524 N 2nd St County: Parcel: Bldg Area Income Approach per SF Potential Gross Income $ 69,385 $ 14.37 Vacancy & Collection Loss $ (3,469) 5.0% Effective Gross Income $ 65,916 Operating Expenses $ (9,660) $ 2.00 Management Fees and other Operating Expenses Net Operating Income $ 56,256 Weld 96131401008 4,830 Capitalization Rate Indicated Value FMV Assessment Assessment Assessment Ratio 10.00% (Includes real estate taxes) $ 562,558 $ 116 $ 634,900 $ 131 $ 184,121 29% Notes: Overall postal service revenues are declining due to changes in technologies. The Postal Service is currently reviewing consolidation opportunities, which may affect their space needs around the country. This property is currently being reviewed. W /�P in LCC C O V / V 0 N D- F- IRr W 00 N -Z �//��.pp CC -0 nn= Wo N•a CO^£ S. �¢ o CERTIFIED MAIL 7009 0820 0001 4909 6106 0 Esther Gesick From: Sent: To: Subject: Courtney Anaya Thursday, July 23, 2009 1:46 PM Esther Gesick RE: Post Offices: 331 1st Schedule/Parcel Number: 096320100024 and 524 N 2nd St Schedule/Parcel Number: 096131401008 That would be helpful © It's R7208497 and R0303795. Courtney From: Esther Gesick Sent: Thursday, July 23, 2009 1:44 PM To: Courtney Anaya Subject: RE: Post Offices: 331 1st Schedule/Parcel Number: 096320100024 and 524 N 2nd St Schedule/Parcel Number: 096131401008 What accounts or name is this in reference to? Esther E. Gesick Deputy Clerk to the Board Weld County, Colorado 915 10th Street Greeley, CO 80631 (970)356-4000 X4226 (970)352-0242 (fax) From: Courtney Anaya Sent: Thursday, July 23, 2009 1:21 PM To: Esther Gesick Subject: FW: Post Offices: 331 1st Schedule/Parcel Number: 096320100024 and 524 N 2nd St Schedule/Parcel Number: 096131401008 Hi Esther - FYI - this account has withdrawn. Thanks! Courtney From: Charles Jack Sent: Thursday, July 23, 2009 1:18 PM To: Courtney Anaya Subject: FW: Post Offices: 331 1st Schedule/Parcel Number: 096320100024 and 524 N 2nd St Schedule/Parcel Number: 096131401008 From: Tom Downey [mailto:ted@downeymurray.com] Sent: Thursday, July 23, 2009 12:58 PM To: Charles Jack Cc: Sue Schield; sharif@mcintoshtaxlIc.com 1 Subject: Post Offices: 331 1st Schedule/Parcel Number: 096320100024 and 524 N 2nd St Schedule/Parcel Number: 096131401008 Chuck, Thank you for your review of these two CBOE matters. Having reviewed your income approach on both parcels, this correspondence is to advise you that we are withdrawing the CBOE Petitions on both of these matters. Please consider this correspondence as a formal withdrawal of the 2009 CBOE Petitions on both of these matters. Tom Thomas E. Downey, Jr. Downey & Murray LLC 383 Inverness Parkway Suite 300 Englewood, CO 80112 Tele: (303)813-1111 Fax: (303)813-1122 The preceding e-mail message (including any attachments) contains information that may be confidential, be protected by attorney -client or other applicable privileges, or constitute non-public information. It is intended to be conveyed only to the designated recipient(s). If you are not an intended recipient of this message, please notify the sender by replying to this message and then delete it from your system. Use, dissimination, distribution, or reproductin of this message by unintended recipients is not authorized and may be unlawful. FEDERAL TAX ADVISE DISCLAIMER: We are required by U.S. Treasury Regulations to inform you that, to the extent this message includes any federal tax advice, this message is not intended or written by the sender to be used, and cannot be used for the purpose of avoiding federal tax penalties. Information from ESET NOD32 Antivirus, version of virus signature database 4271 (20090723) The message was checked by ESET NOD32 Antivirus. http://www.eset.com 2 Hello