The URL can be used to link to this page

Browse Search

Home My WebLink About20082073.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 2008, WELD COUNTY, COLORADO - DENY PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE PETITION OF: EXCALIBUR LLC 4663 20 ST RD GREELEY, CO 80634 DESCRIPTION OF PROPERTY: ACCOUNT#: R1496102 PARCEL#: 095914224003 - GR FGOC UNIT 3 FOXHILL OF GREELEY OFFICE CONDO II SITUS: 4663 20 STRD GREELEY 80634 WHEREAS, the Board of County Commissioners of Weld County, Colorado, convened as the Board of Equalization for the purpose of adjusting, equalizing, raising or lowering the assessment and valuation of real and personal property within Weld County, fixed and made by the County Assessor for the year 2008, and WHEREAS, said petition has been heard before the County Assessor and due Notice of Determination thereon has been given to the taxpayer(s), and WHEREAS, the taxpayer(s) presented a petition of appeal of the County Assessor's valuation for the year 2008, claiming that the property described in such petition was assessed too high, as more specifically stated in said petition, and WHEREAS, said petitioner was not present or represented, and WHEREAS,the Board has made its findings on the evidence,testimony and remonstrances and is now fully informed. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, acting as the Weld County Board of Equalization, that the evidence presented at the hearing clearly supported the value placed upon the Petitioner's property, after review by the Weld 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 shall be, and hereby is, affirmed as follows: ACTUAL VALUE AS DETERMINED BY ASSESSOR Land $ 0 Improvements OR Personal Property 754,000 TOTAL $ 754,000 2008-2073 ed.' 41s, ei4 Ater ,eefi AS 070 8 RE: BOE - EXCALIBUR LLC PAGE 2 BE IT FURTHER RESOLVED that 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 fora 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. 2008-2073 AS0070 RE: BOE - EXCALIBUR LLC PAGE 3 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 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. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 31st day of July, A.D., 2008. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO Ili ^ ATTEST: I � f! .)' William H. Jerke, Chair Weld County Clerk to y B - ."r.i (td 4/ EXCUSED Robert . M Pro-Tem BY: / . /L. j. ►wi!�i,�!�� i.�/ //! L Deputy Clerk o the Board William F. Garcia APPROVED AS TO FORM: EXCUSED �(�( David E. Long C sbt e Xl ll n� ,l OJ A scant ounty Actor y Douglas ademach r Date of signature: 8/7/e9? 2008-2073 AS0070 Weld County CHRISTOPHER WOODRUFF COUNTY ASSESSOR BRENDA DONES, DEPUTY ASSESSOR VALUATION REPORT OF COMMERCIAL PROPERTY FOR County Board of Equalization EXCALIBUR LLC PETITIONER VS. WELD COUNTY ASSESSOR'S OFFICE RESPONDENT Parcel Number: 0959-14-2-24-003 Schedule Number: R1496102 Log Number: 731 Date: 07/31/08 Time: 11:00 Board: CBOE PREPARED BY STAN JANTZ Signature Date CBOE_COMM_010998 Page 1 ,a008-0k)73 SALIENT FACTS AND CONCLUSIONS Purpose of Appraisal To determine Market Value as of 1/1/08 based on an appraisal date of 6/30/06. Property Rights Appraised Unencumbered fee simple interest. Location 4663 20 STRD GREELEY Land Area N/A Zoning GRE CL Property Type Medical Office Condo Year Built 2001 Year Remodeled Quality Good Class Wood Frame Number of Stories 1 Improvement Sq. Ft. 4,361 Basement Unfinished Sq. Ft. 4,214 Basement Finished Sq. Ft. Mezzanine: Value Indications: Land N/A Cost Approach N/A Market Approach $763,000 Income Approach $765,000 Assessor's Value $754,000 CBOE_COMM0109! Page Subject Photo IRMA �u•� b h . t - rim �� . . C 07 / 28/ 2008 Subject Rear View tis n_ 07/ 28/ 2008 CBOE_COMM_01 C Pac MARKET APPROACH COMPARABLE OFFICE SALES # ADDRESS Grantor/Grantee Date of Sale Price Square Price Sale Foot/Yr Per Sq Built Ft Subject 4663 201°STRD 4,361 172.89 Greeley Built 2004 1 4627 20i°STRD Landmark I LLC/ 04/27/06 $950,000 5,572 170.49 Unit#1 S E 2 Land Limited Built 2004 Greeley Liability 2 5623 19 Street Thissen Development/ 02/25/04 $1,394,800 7,712 180.86 Greeley MDO LLC Built 2003 3 4665 20T"Street NBC Designs LLC/ 05/16/06 $183.71 7,392 183.71 Greeley Willard Owens Built 2005 MARKET CALCULATIONS SUBJECT 4,361 SQ. FT. TIMES $175.00 PER SQ. FT. EQUALS $763,175 ROUNDED TO $763,000 CBOE_COMM_010998 Page 4 Comparable Sale #1 Office Condo First Floor 5572 0' Built 2004 320' b /' e_ 34 0' 4,,311 in 340' 13 7 b;� 20 8 340' IT; : dices 10211' c.i. 0 201 Y3 740' �A 0 x. 1— 30'1 Illir --`1.4111.1001/4„..b. bil Cdcp Copy Room . ' • fil n * t06.t ir, 1956' wss.«r t fr o g 2^1r 1750' _^'in I s .� ;a Innir ' III. t', t _129' : Ott L n3 0. :444 8 To. f r� 270• t.$9.1. . '� Opus i.. 911:1..tier_.g 26.7 i- ` 0 3420' :,PisP cIon 16 0 b Mat 762 5 'o ~ ii. 27.0' itC y 1i° 420' 42W I^ b 420- 160' '° Tenant Finish(2004) • o or Aw N" COMPARABLE SALE COUNTY: WELD ACCOUNT R2975204 PARCEL NUMBER: 095914235001 PRIMARY OCC: Office Condo PERCENT: 100% SECONDARY OCC: PERCENT: THIRD OCC: PERCENT: ADDRESS: 4627 20 STRD UNIT-1 GREELEY RECEPT NUMBER: 3383086 SALE DATE: 4/27/2006 GRANTOR: LANDMARK I LLC SALE PRICE: $950,000 GRANTEE: S E 2 LAND LIMITED LIABILITY ADJ SALE PRICE: YEAR BUILT: 2004 CLASS: D EFFECTIVE AGE: LAND/BLDG RATIO: LAND SIZE (SF): LAND VALUE: BLDG SIZE (SF): 5,572 IMPS PRICE/SF: WALL HEIGHT: 12 SALE PRICE/SF: $ 170.49 STORIES: I INTEREST RATE: BSMNT SIZE: DOWN PYMT: BSMNT FINISH: LOAN TERM (YRS): ZONING: POINTS PAID: QUALITY: Good COMMENTS: BUILDING 100% OCCUPIED AT TIME OF PURCHASE. UNIT-1 HAS 33.33% OF GCE. CONFIRMED SALE WITH SCOTT EHRLICH. CBOE_COMM_01 C Pas Comparable Sale #2 12.17 1 2600' ��- $1 21.33 2coe„ 'h $ $ g c. .►r - S Lf. 2.osr S� n s m MEDICAL OFFICE i1MF1o0t 7712.15F ...re It - ` • S 00 Bu1M 1003 �� y b ''} _. •� _ 1�3Y $ 12$7'$ t137�. 5987" a4y1 2137 ; $• s40okcr.hr 1401F Se^by son fV Se," COMPARABLE SALE COUNTY: WELD ACCOUNT R2647503 PARCEL NUMBER: 095910322002 PRIMARY OCC: Medical Offices PERCENT: 100% SECONDARY OCC: PERCENT: THIRD OCC: PERCENT: ADDRESS: 5623 19 ST GREELEY RECEPT NUMBER: 3157406 SALE DATE: 2/25/2004 GRANTOR: THISSEN DEVELOPMENT LLC SALE PRICE: $ 1,394,800 GRANTEE: MDO LLC ADJ SALE PRICE: YEAR BUILT: 2003 CLASS: D EFFECTIVE AGE: LAND/BLDG RATIO: 2.01 LAND SIZE (SF): 15,491 LAND VALUE: $61,995 BLDG SIZE (SF): 7,712 IMPS PRICE/SF: $ 172.82 WALL HEIGHT: 10 SALE PRICE/SF: $ 180.86 STORIES: 1 INTEREST RATE: BSMNT SIZE: DOWN PYMT: $0 BSMNT FINISH: LOAN TERM (YRS): ZONING: GRE CH POINTS PAID: QUALITY: Average COMMENTS: BUILT-TO-SUIT, THIS OFFICE IS PART OF A PURPOSED OFFICE PARK AND WILL HAVE ADDITIONAL COMMON AREA PARKING. CBOE_COMM_010 Pag Comparable Sale #3 � , ^ First Floor 3817 0 sq R. Second Floor 3575.5 sq.R • r Told Area 7392.0 SQ R �s b 110 412012.0 oa .-s- 11.0' ar. 200 2v930 22G 220 `i$ 21.0 b 90' a t S' n o ` 13.0' a h 2t0 a - ,_ 1v Q � _ OFFICE ` i ■f I " _ _ .C - 1 70' b 23.0 EU X105PACKAGE-MR1t 35.V �i•-'1L: SI Tv*, c '] I ` Iv aa L Stars 11 I •46 . 1 1 $ ti -r 2a e F t 115' Lobby Ina 220' 220' it 210 JAa 220' ,. - 22S' 16" 1GI5' See Page#2 for Mec►rarrcal Bstnt %WM ti..ar COMPARABLE SALE COUNTY: WELD ACCOUNT R2807104 PARCEL NUMBER: 095911342008 PRIMARY OCC: Office Condo PERCENT: 100% SECONDARY OCC: PERCENT: THIRD OCC: PERCENT: ADDRESS: 4665 20 ST GREELEY RECEPT NUMBER: 3390866 SALE DATE: 5/16/2006 GRANTOR: NBC DESIGNS LLC SALE PRICE: $1 ,568,549 GRANTEE: OWENS WILLARD G & ADJ SALE PRICE: $ 1 ,358,000 YEAR BUILT: 2005 CLASS: D EFFECTIVE AGE: LAND/BLDG RATIO: LAND SIZE (SF): LAND VALUE: BLDG SIZE (SF): 7,392 IMPS PRICE/SF: WALL HEIGHT: 10 SALE PRICE/SF: $183.71 STORIES: 2 INTEREST RATE: BSMNT SIZE: 1 ,605 DOWN PYMT: BSMNT FINISH: LOAN TERM (YRS): ZONING: POINTS PAID: QUALITY: Good COMMENTS: ADJUSTED SALE $210,549 FOR THERAPY EQUIPMENT. UNFINISHED BASEMENT SQUARE FOOTAGE NOT INCLUDED IN BUILDING SIZE. CONFIRMED SALE WITH WILLARD OWENS. CBOE_COMM_01 Pa INCOME APPROACH Medical Office Lease Comparables Address Start Date End date Square Feet Rate NNN NRCS #1 4407 29th Street 12/01/01 11/30/11 3,863 $18.60 Greeley #2 Greeley Medical Clinic 06/01/02 05/31/12 23,400 $17.75 5881 W 16th Street Greeley #3 Summit View Medical 06/01/02 05/31/17 28,926 $25.44 2001 70th Avenue Greeley 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 a June 30, 2006 appraisal date should be 8.5 percent. The summer 2006 issue of Integra Realty Resources was also consulted. CBOE_COMM_0109E Page INCOME CAPITALIZATION Potential Gross Income (Net SF 4,361 X $18.00 NNN) 78,498 Less 10% Vacancy & Collection Loss - 7,850 Effective Gross Income 70,648 Less 5% Management - 3,532 Less 3% Reserves - 2,119 Net Operating Income 64,997 Capitalization Rate 8.5% Income Value 764,671 Rounded To $765,000 CBOE_COMM_01095 Page FINAL RECONCILIATION COST APPROACH MARKET APPROACH INCOME APPROACH N/A $763,000 $765,000 ASSESSOR'S VALUE $754,000 CBOE_COMM_010998 Page 10 NOTICE OF DETERMINATION We-cc- 05 NOTICE OF DENIAL OFFICE OF COUNTY ASSESSOR 1400 NORTH 17th AVE. ¶\o/I� GR FGOC UNIT 3 FOXHILL OF GREELEY GREELEY,CO 80631 OFFICE CONDO II SITUS : 4663 20 STRD PHONE(97o)sssaaas,EXT.36so \I GREELEY 80634 www.co.weld.co.us OWNER: EXCALIBUR LLC COLORADO BRIDGE ASSOCIATES 21.0 RECEI '"V ED 5 UNION PARCEL 095914224003 ACCOUNT R1496102 LAKEWOOD, CO 80228 1 J11L 1 O ZOOO YEAR 2008 Owner: EXCALIBUR LLC WELD COUNTY ASSESSOR GREELEY, COLORADO The appraised value of property is based on the appropriate consideration of the approaches to value required by law. The Assessor has determined that your property should be included in the following category(ies): Commercial property is valued by considering the cost, market, and income approaches . If your concern is the amount of your property tax,local taxing authorities(county,school,city,fire protection,and other special districts)hold budget hearings in the fall. Please refer to your tax bill or ask your Assessor for a listing of these districts,and plan to attend these budget hearings. The Assessor has carefully studied all available information,giving particular attention to the specifics included on your protest,and has determined the valuation(s)assigned to your property. The reasons for this determination of value are as follows: 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 nol adjust the value . PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE OF VALUE ACTUAL VALUE ACTUAL VALUE PRIOR TO REVIEW AFTER REVIEN COMMERCIAL 754000 754000 • TOTALS $ $ 754000 $ 754000 APPEAL DEADLINES: REAL PROPERTY—JULY 15,PERSONAL PROPERTY—JULY 21. If you disagree with the Assessor's decision,you have the right to appeal to the County Board of Equalization for further consideration. 06/25/2008 By: Christopher M. Woodruff WELD COUNTY ASSESSOR - DATE ADDITIONAL INFORMATION ON REVERSE SIDE 2008-2073 YOU HAVE THE RIGHT TO APPEAL THE ASSESSOR' S DECISION The County Board of Equalization will sit to hear appeals beginning July 1 and continuing through August 5 for real property (land and buildings) and personal property (furnishings, machinery, and equipment). § 39-8-104 and § 39- 8-107(2), C.R.S. • 'Is PRO DURES: If you choose to appeal the Assessor' s decision, mail or deliver one copy of this completed form to the County Board of Equalization. To preserve your right to appeal, your appeal must be POSTMARKED OR DELIVERED ON OR BEFORE JULY 15 FOR REAL PROPERTY, AND JULY 21 FOR PERSONAL PROPERTY. WELD COUNTY BOARD OF EQUALIZATION 915 10th Street, P.O. Box 758 Greeley, Colorado 80632 Telephone (970) 356-4000 Ext. 4225 N M 1fl0 I`IOF GRIN You will be notified of the time and place set for the hearing of your appeal. COMYBOVW OT}EQUALIZATION*S DETERMINATION; The County Board of Equalization must make a decision on your appeal and mail you a determination within five business days of that decision. The County Board must conclude its hearings and render decisions by August 5. " YYEItWCHTS FOR FURTHER-APPEALS: S: If you are not satisfied with the County Board of Equalization' s decision you must file within thirty days of the County Board of Equalization' s written decision with ONE of the following: Board of Assessment Appeals (BAA): 1313 Sherman Street, Room 315 Denver. Colorado 80203 Telephone (303) 866-5880 An appeal form, rules and guidelines can be obtained on-line at www.dola.colorado.gov/baa District Court: 9th Avenue and 9th Street, P.O. Box C Greeley, Colorado 80632 Telephone (970) 356-4000, Ext. 4520 Arbitration: WELD COUNTY BOARD OF EQUALIZATION 915 10th Street, P.O. Box 758 Greeley, Colorado 80632 Telephone (970) 356-4000, Ext. 4225 If you do not receive a determination from the County Board of Equalization, contact the county board. If the county board is not going to mail a decision, you must file an appeal with the Board of Assessment Appeals by September 11th. TO PRESERVE YOUR APPEAL RIGHTS, YOU MAY BE REQUIRED TO PROVE YOU HAVE FILED A TIMELY APPEAL; THEREFORE, WE RECOMMEND ALL CORRESPONDENCE BE MAILED WITH PROOF OF MAILING. PETITION TO THE COUNTY BOARD OF EQUALIZATION In the space below, please explain why you disagree with the Assessor' s valuation. IN ACCORDANCE WITH § 39-8-106(1.5), C.R.S., IF YOUR APPEAL INVOLVES REAL PROPERTY, YOU MUST STATE YOUR OPINION OF VALUE IN TERMS OF A SPECIFIC DOLLAR AMOUNT. Attach additional documents as necessary. Perm' oncr C'O i ([01 Sappi i4 Lk U2 fut itc6itte CI 4i7 O0 SIGNA PURE OF PMII LONER DAISO ti S // '/ g �� ((// NOD 207 62 87/08 I'IRY-14008 Wm )0?27 AN BRIDGE & ASSOCIATES FAX NO. 303 573 7050 P. 05 Bridge a Associates 675 Union Blvd., Ste 210 AUTHORIZATION TO APPEAR BEFORE THE: Lakewood, CO 90228 Phone:303-573-7000 Weld COUNTY ASSESSOR AND THE Fax:303.673-7050 weld COUNTY BOARD OF EQUALIZATION, THE COLORADO BOARD OF ASSESSMENT APPEALS AND ALL COLORADO STATE COURTS, ON BEHALF OF THE OWNER OF RECORD OF REAL PROPERTY, Exoeliibur LLC/Lancelot Holding LLC/tuflialm/- `r°' -tilemrnaNe US/Max Haynes-Manager (owner and/or a e e owner of real property, C4he Property") located at 466310 Std / 4635 20 St Rd / 120a ' 0 , and des a more specifically as: Schedule Nods).R1496102 / R2975404 / 91607807 Parcel-ID No_fs1:095914224003 / 095914236003 / 095009337005 do hereby authorize: Bridge & Associates, to represent my Interests and to appear on my behalf before the County Assessor.the Weld County Board of Equalization, the Colorado Board of Assessment Appeals and all Colorado state courts,for purposes which arise from any matters)concerning the valuation and taxation of the of the Property for tax years 2007and .2008 and for all previous years as allowed by applicable Colorado law and the rules and regulations of the above-referenced entitles. I further authorize Bridge &Associates to appear as a witness at all formal or Informal hearings of the above- referenced entitles and to testify as to the valuation of the Property and to the accuracy of any factual documentation submitted on my behalf in connection with the Property. The undersigned requests that copies of all decisions from the Weld County Assessor, the: Weld County Board of Equalization, and the Colorado Board of Assessment Appeals, be mailed to: eridoe&Associates, Tv lunton Boulevard. Ste 210. Lakewood. CO 8022e, Further.the undersigned expressly revokes all previous authorizations relating to the Property and the subject matters referenced herein. This authorization shall remain in effect until this authorization is terminated in a written instrument executed by the undersigned. rJ Dated this: Ggday of: /n al 20022_ Company: ,(_F, u/ef I4.hld y r !1 LEeci, LC C Federal Tex IN/SSR:: 7-041)5,e? r © 4' Se 613 CrOS • By: nnrPn- set �c STATE OF Q0\Oro1/44 jS3 Title; &— COUNTY OF U.DPI CQ ) Phone; 97o-Tsa- 7&J Fax 97'/-3C -74/ +h Sworn to and subscribed before me on this:3_ day of' aLL 20_QIS by may \c ts3 _ _ ER Witness my hand and official seal. MICHELLE PIDublic My Commission expires: 4 \4lao ja state of Colorado Notary Public: S "0&Ot c QA O LA. - _ Address: t LAat_e244,1" nut, Greases CQ RiCi(4 3t-L JUL-23-2008 WED 03:17 PM BRIDGE & ASSOCIATES FAX NO, 303 573 (050 N, ui l _ BRIDGE&ASSOCIATES July 23, 2008 Weld County Clerk to the Board Fax:970-352-0242 RE:Hearing scheduled July 31,2008 Attn: Donald Warden Dear Donald, Bridge &Associates would like to take Administrative Denials of the following: Pgrce No: ,Account No; 095914224003 R1496102 095909337005 R4607807 096119122002 R0269295 fp 1THDeAw 096119322003 110269395 Ca I Ts-1W to 095914235003 R2975404 If you have any questions regarding this matter,please give Greg Evans a call at 303-573-7000. Thank you, Greg Evans 575 Union Rivd. Ste 330,Lakewood, CO 80228 Phone: 303-573-7000 Fax;303-573-7050 (C CLERK TO THE BOARD *: 14° PHONE (970) 356-4000 EXT 4226 FAX: (970) 352-0242 WEBSITE: www.co.weld.co.us.co.us 915 10TH STREET P.O. BOX 758 GREELEY, COLORADO 80632 WI' DC. COLORADO July 21, 2008 EXCALIBUR LLC 4663 20 ST RD GREELEY CO 80634 Parcel No.: 095914224003 Account No.: R1496102 Dear Petitioner(s): The Weld County Board of Equalization has set a date of July 31, 2008, at or about the hour of 11:00 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, 2008, and mailed to you on or before August 12, 2008. 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. EXCALIBUR LLC - R1496102 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 MU% Donald D. Warden Clerk to the Board cc: Christopher Woodruff, Assessor BRIDGE &ASSOCIATES 575 UNION BLVD #210 LAKEWOOD CO 80228 Hello