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HomeMy WebLinkAbout20091881.tiffCLERK TO THE BOARD PHONE (970) 336-7215, Ext. 4226 FAX: (970) 352-0242 P. O. BOX 758 GREELEY, COLORADO 80632 COLORADO September 1, 2009 BAUER TOMMY I 1009 N 2 ST JOHNSTOWN, CO 80534 RE: THE BOARD OF EQUALIZATION, 2009, WELD COUNTY, COLORADO - STIPULATE PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE Dear Petitioner: On July 28, July 30, and 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 the Stipulation on your petitions of appeal of the County Assessor's valuation of your property described in the list attached hereto, for the year 2009. 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 for each of the list properties be Stipulated as follows: ACTUAL VALUE AS DETERMINED BY ASSESSOR ACTUAL VALUE AS STIPULATED $57,772 $40,000 2009-1881 AS007 Cc OA, M P&- -cTL— . oci/G i 709 BAUER TOMMY I - VARIOUS (SEE ATTACHED LIST) 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, U Esther E. Gesick Deputy Clerk to the Board cc: Christopher Woodruff, Assessor DESCRIPTION OF PROPERTY: ACCOUNT #: R3462686 PARCEL #: 096117102010 - GR 12563-E UNIT 2015-E SCHULTZ INDUSTRIAL PLAZA CONDO (PT L2 NE4NE4 17 5 65) SITUS: 2015 2 AV E GREELEY 80631 DESCRIPTION OF PROPERTY: ACCOUNT #: R3463486 PARCEL #: 096117102018 - GR 12563-F UNIT 2015-F SCHULTZ INDUSTRIAL PLAZA CONDO 2ND AMD PLAT (PT L2 NE4NE4 17 5 65) SITUS: 2015 2 AV F GREELEY 80631 DESCRIPTION OF PROPERTY: ACCOUNT #: R3463586 PARCEL #: 096117102019 - GR 12563-G UNIT 2015-G SCHULTZ INDUSTRIAL PLAZA CONDO 2ND AMD PLAT (PT L2 NE4NE4 17 5 65) SITUS: 2015 2 AV G GREELEY 80631 DESCRIPTION OF PROPERTY: ACCOUNT #: R3463686 PARCEL #: 096117102020 - GR 12563-H UNIT 2015-H SCHULTZ INDUSTRIAL PLAZA CONDO 2ND AMD PLAT (PT L2 NE4NE4 17 5 65) SITUS: 2015 2 AV H GREELEY 80631 2009-1881 AS0073 07/20/2009 14:57 FAX 9703046433 WELDCOUNTXASSESSOF lj002/003 2009 COUNTY BOARD OF EQUALIZATION WELD COUNTY ASSESSOR'S ACCOUNT NUMBER R34834$6, R3482888, R3463588, R3483686 STIPULATION (As To Tax Year 2009 Actual Value) RE PETITION OF: NAME; BAUER TOMMY I 1009 N 2ND ST JOHNSTOWN CO 80534 cbE Petitioner(s), BAUER TOMMY I and the Weld County Assessor, hereby enter Into this Stipulation regarding the tax year 2009 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: t _ The property subject to this Stipulation is described as: GR 12563-F UNIT 2015- E,F,G,H SCHULTZ INDUSTRIAL PLAZA CONDO 2ND AMD PLAT (PT L2 NE4NE4 17 5 65) SITUS: 2015 2 AV F GREELEY 80631 2. The subject property is classified as Commercial property 3. The County Assessor originally assigned the following actual value to the subject property for 2009. LAND: SQ IMPROVEMENTS: $23LQ8$ TOTAL: ,431.08@ 4. After further review and negotiation, the petitioner(s) and Weld County Assessor agree to the following actual value for the subject property. LAND: �Q IMPROVEMENTS: $160:000 TOTAL: $180.00Q 2009-1881 07/20/2009 14:57 PAT 9703046433 WELDCOUNT'YA5SESSOR QIoo3/o03 5. The valuations, as established above, shall be binding only with respect to tax year 2009. 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 7/30/2009 at 11:30 AM be vacated. DATED this 20 day of July, 2009. Petition (s) or Attorney . Address: �.! / (Ji'1 tau Cr 1009 le( TO ivts town Co `kbs3 5/ Telephone; r'.el( 976 -017-0.2.3r County Assessor: Petitioner(s) or Attorney Address: Telephone: ADDRESS: 1400 N.17th Avenue Greeley, CO 80631 (970) 353-3845 ext. 3656 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 SCHEDULE/ACCOUNT NO. TAX YEAR TAX AREA -LEGAL DESCRIPTION/ PHYSICAL LOCATION R3463686 2009 0600 GR 12563-H UNIT 2015-H SCHULTZ INDUSTRIAL PI A7A CONDO 2ND AMD PLAT (PT L2 NE4NE4 17 5 65) SITUS: 2015 2 AV H GREELEY 80631 2015 2 AV H GREELEY, CO 80631 PROPERTY OWNER BAUER TOMMY I 1009 N 2ND ST JOHNSTOWN, CO 80534 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW - ACTUAL VALUE AFTER REVIEW INDUSTRIAL 57,772 57,772 TOTAL $57,772 $57,772 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. 15-DPT-AR • PR 207-08/08 NOD #:5760 APPEAL PROCEDURES 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) 3564000 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.) 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.) - 4 (14 etted ATTESTATION I, the undersigned owner or agent' of the property identified above, affirm that the statements containe in nd on any attachments hereto are true and complete. ` 970-3(3-76W4 7-/3-O5 Signature Telephone Number Date ' Attach letter of authorization signed by property owner. 15-DPT-AR PR 207-08/08 NOD #: 5760 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 SCHEDULE/ACCOUNT NO. TAX YEAR TAX AREA LEGAL DESCRIPTION/ PHYSICAL LOCATION R3463586 2009 0600 GR 12563-G UNIT 2015-G SCHULTZ INDUSTRIAL PLAZA CONDO 2ND AMD PLAT (PT L2 NE4NE4 17 5 65) SITUS: 2015 2 AV G GREELEY 80631 2015 2 AV G GREELEY, CO 80631 PROPERTY OWNER BAUER TOMMY I 1009 N 2ND ST JOHNSTOWN, CO 80534 -- PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIORTO REVIEW ACTUAL VALUE AFTER REVIEW INDUSTRIAL 57,772 57,772 TOTAL $57,772 $57,772 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. N:+ 15 -DPI -AR PR 207-08/08 NOD #: 5759 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, 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 Avg end 9`" Street, P.O. Box C Denver, CO 80203 Greeley, Colorado 80632 (303) 866-5880 Telephone (970) 356-4000 Ext. 4520 www.dola.colorado.qov/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.) $ 44000,W 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.) / Sec_ Q TTAcLN ATTESTATION I, the undersigned owner or agent' of the property identified above, affirm that the statements contains in and on any attachments hereto are true and complete. 97O- 3/J-7411 7 -13.09 Signature Telephone Number Date Attach letter of authorization signed by property owner. 15-DPT-AR PR 207-08/08 NOD #: 5759 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 SCHEDULE/ACCOUNT NO. TAX YEAR TAX AREA LEGAL DESCRIPTION/ PHYSICAL LOCATION R3463486 2009 0600 GR 12563-F UNIT 2015-F SCHULTZ INDUSTRIAL PLAZA CONDO 2ND AMD PLAT (PT L2 NE4NE4 17 5 65) SITUS: 2015 2 AV F GREELEY 80631 2015 2 AV F GREELEY, CO 80631 PROPERTY OWNER BAUER TOMMY I 1009 N 2ND ST JOHNSTOWN, CO 80534 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW INDUSTRIAL 57,772 57,772 TOTAL $57,772 $57,772 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. 1,5-aPT-AR PR 207-08/08 NOD #: 5808 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 9th Street, P.O. Box C Denver, CO 80203 Greeley, Colorado 80632 (303) 866-5880 Telephone (970) 356-4000 Ext. 4520 www.dola.colorado.qov/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.) $ TOAD. co 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.) rr c.5€'L 4akcia U1 ATTESTATION I, the undersigned owner or agent' of the property identified above, affirm that the statements contained ham' a d on any attachments hereto are true and complete. Q7D-3/3-7LYV 7-/3-07 Signature Telephone Number Date I Attach letter of authorization signed by property owner. 15-DPT-AR PR 207-08/08 NOD #: 5808 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 SCHEDULE/ACCOUNT Na TAX YEAR TAX AREA LEGAL DESCRIPTION/ PHYSICAL LOCATION R3462686 2009 0600 GR 12563-E UNIT 2015-E SCHULTZ INDUSTRIAL PLAZA CONDO (PT L2 NE4NE4 17 5 65) SITUS: 2015 2 AV E GREELEY 80631 2015 2 AV E GREELEY, CO 80631 PROPERTY OWNER BAUER TOMMY I 1009 N 2 ST JOHNSTOWN, CO 80534 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW INDUSTRIAL 57,772 57,772 TOTAL $57,772 $57,772 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. 15-DPT-AR PR 207-08/08 NOD #: 5807 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, 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 9th Street, P.O. Box C Denver, CO 80203 Greeley, Colorado 80632 (303) 866-5880 Telephone (970) 356-4000 Ext. 4520 www.dola.colorado.qov/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.) $ 1/44.00 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.) OPt Qrktc>7eot ATTESTATION I, the undersigned owner or agent' of the property identified above, affirm that the statements contained ein and on any attachments hereto are true and complete. 970.36-74YsF 7-13-09 Telephone Number Date 1 Attach letter of authorization signed by property owner. 15 -OPT -AR PR 207-08/08 NOO #: 5807 07-13-09 Dear Sirs, I am writing to protest the valuation of my real estate at 2015 2"d ave. units E, F, G, H Greeley. I am attaching copies of the valuations. The valuation states a value of $57,772.00 for each of the four properties or a total of $231,088.00. To support my protest I am enclosing a copy of a Nov. 25 2007 appraisal stating a value of $140,000.00 total or $35,000.00 each. In addition to the appraisal I had the property listed for sale with a Real Estate Agent for the period of Feb. 2007 to Feb. 2008. The list price for the four units was $170,000.00 or $42,500.00 each. During the listing period I did not have a single serious inquiry into the purchase of the property. By serious I mean anything in the neighborhood of the asking price. Not a single party even scheduled an appointment to see the units. Additionally 8 of the 21 units in the building have been vacant for about 4 years. These are the most desirable of the units as they front Hwy 85 and have the best visibility for a business. In a recent conversation with the owner she stated that they have been listed for sale or rent on and off during that 4 year period with no takers. After my four units sat vacant for a year I was able to rent them in February of 2008. The rent was $1,500.00 per month total, or $375.00 each which is also the current rent. I believe the $140,000.00 appraisal is close to the actual value of the property Thank you for your consideration. Regards, "%4-c Tom Bauer 1009 N. 2" St. Johnstown CO 80534 Home 970-587-0235 Cell 970-313-7684 U)1fl/'LUU7 1.:1: 51 �U,'�G57U'�71 VI" r(A!at U4/U4 E H VALUATION SERVICES SUMMARY OF SAUEtY ( FEATURES LOCATION OF PROPERTY Unit E. 2015 2nd Ave, Greeley Co 60631 Unit F, 2015 2nd Ave. Greeley Co 80631 Unit G, 2016 2nd Ave, Greeley Co 80631 Unit H, 2015 2nd Ave. Greeley Co 80631 Tommy I Sauer . OWNERSHIP 1009 N 2nd Street. Johnstown, CO LEGAL DESCRIPTION Gr 12563-E Unit 20164 Schultz Industrial Plaza Condo (Pt L2 Ne4ne4 17 5 65) %2015 2 Ave le% Sum 2016 2 Av E Greek Gr 12563•F Unit 2015-F Schultz Industrial Plaza Carob (Pt L2 NNnee 17 5 65) %2015 2 Ave 41F% Sltus: 2015 2 Av F Greek Gr 12563-G Unit 2015•F Schult21r1MIWial Plaza Condo (Pt 12 Ne4ne4 17 5 65) %2015 2 Ave AG% Skus: 2015 2 Av G Groh Gr 12563-H Unit 2015-P Schatz industrial Pura Condo (Pt L2 Ne4ne4 17 5 65) %2015 2 Ave 1M% Silvs: 2015 2 Av H Glee( INTEREST APPRAISED PEE SIMPLE IMPROVEMENTS 6.240 SF k14 contiguous units • that have been used as a dwr)t a meeting halt The property Is vacant. SITE DESCRIPTION ZONING DATE OF VALUATION DATE OF INSPECTION DATE OF REPORT APN: Weld TAXES for 2006 HIGHEST AND BEST USE IF VACANT' AS IMPROVED MARKET VALUE OPINIONS Cost Apprc ach Sates Caparison Income APlroach Land Value EXPOSURE TIME 19,212 sf In four tax parcels. The parcels are rectangular but this has legal descriptions as a condo. It Is zoned industrial. Nat known to be in a flood none. Parking area Is smaller than for detached Industrial. IM -Greeley 140ov07 1 -Nov -07 25•Nov07 R3462686 R3463466 R3463566 R3463686 35.236 To hold for development as legal zoning snows. To construct improvement btat are permieed by the governing authorities, To develop with legal use. by permission from the governing authomies. The existing use conforms with use end neighborhood. AS IS Na $140,000 Na n/a More than 1 year maybe upto 3 yews. MARKET TIME Less then 1-3 years FINAL VALUE OPINICH 3140,000 Conclusions ASSIGNMENT Extreordinary Assumption: Properly is vacant and Me adjoining unit except fa NO Is occupied. See assumptions end hating coadkions : extraordnrry assumptions & hypothetical conditions To estimate the "As Is* Mantel Value for the subject real estate considering the Sale Comparison, Cost and Income 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 COLORADO July 20, 2009 BAUER TOMMY I 1009 N 2 ST JOHNSTOWN, CO 80534 Parcel No.: 096117102010 Account No.: R3462686 Parcel No.: 096117102018 Account No.: R3463486 Parcel No.: 096117102019 Account No.: R3463586 Parcel No.: 096117102020 Account No.: R3463686 Dear Petitioner(s): The Weld County Board of Equalization has set a date of July 30, 2009, at or about the hour of 11:30 AM, 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. BAUER TOMMY I - VARIOUS (SEE LIST) 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 ,4 - /, Esther E. Gesick Deputy Clerk to the Board cc: Christopher Woodruff, Assessor Hello