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HomeMy WebLinkAbout20082074.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 2008, WELD COUNTY, COLORADO - DENY PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE PETITION OF: MCW-RC CO-GREELEY LLC C/O PROPERTY TAX DEPARTMENT PO BOX 790830 SAN ANTONIO, TX 78279-0830 DESCRIPTION OF PROPERTY: ACCOUNT#: R2132803 PARCEL#: 095914308001 - GR CP L1 CENTERPLACE SITUS: 4632 CENTERPLACE DR GREELEY 000000000 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 $ 315,413 Improvements OR Personal Property 417,670 TOTAL $ 733,083 2008-2074 de: /9-S e41 Art /END AS0070 -P-408 RE: BOE - MCW-RC CO-GREELEY 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. 2008-2074 AS0070 RE: BOE - MCW-RC CO-GREELEY 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 ATTEST: gild'i ` J 7 i .k 7). -,-c` William H. Jerke, Chair Weld County Clerk to t B a" ') k EXCUSED Robert D.Msd , Pro-Tem BY: /I�i// '.l_ ".��. r CA} c I Deputy Cler o the Board William F. Garcia APPROVED AS TO FORM: EXCUSED David E. Long Assi nt C ty Attorney ugl Rademacl r Date of signature: e/1/0" 2008-2074 AS0070 Weld County CHRISTOPHER WOODRUFF COUNTY ASSESSOR BRENDA DONES, DEPUTY ASSESSOR VALUATION REPORT OF COMMERCIAL PROPERTY FOR County Board of Equalization MCW-RC CO-GREELEY LLC PETITIONER vs. WELD COUNTY ASSESSOR'S OFFICE RESPONDENT Parcel Number: 0959-14-3-08-001 Schedule Number: R2132803 Log Number: 654 Date: 07/31/08 Time: 10:45 Board: CBOE PREPARED BY STAN JANTZ Signature Date CBOE_COMM_010998 Page 1 v2wS-ao7y 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 4632 CENTERPLACE DR, GREELEY Land Area 50,466 Square Feet Zoning GRE PUD Property Type Commercial — Self Service Gas Station — Car Wash - Automatic Year Built 2003 / 2005 Year Remodeled Quality Good Class Wood Frame Number of Stories 1 Improvement Sq. Ft. Gas Station 422 /Automatic Car Wash 1265 Basement Unfinished Sq. Ft. Basement Finished Sq. Ft. Mezzanine: Value Indications: Land $315,413 Cost Approach $780,723 Market Approach $776,000 Income Approach $777,000 Assessor's Value $733,083 CBOE_COMM_01091 Page 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 2001 through June of 2006 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 valw The land size of the subject is 50,466 square feet. Comparable commercial land in the subject area i valued at 6.50 per square foot. Comparable Land Sales Address Sale Date Sale Price Land Size Per Sq Ft Comparable 1 Taco Bell 12/23/03 650,000 43,878 14.81 4638 Centerplace Dr Greeley Comparable 2 Wendy's Restaurant 10/10/03 655,000 47,206 13.88 4644 Centerplace Dr Greeley Comparable 3 Outback Steakhouse 08/28/03 525,000 66,825 7.86 4650 Centerplace Dr Greeley Comparable 4 Carpet Exchange 02/23/04 700,000 53,860 13.00 4524 Centerplace Dr Greeley ASSESSOR'S LAND VALUE $6.50 Per S.F. X 50,466 S.F. = $315,413 CBOE_COMM_010 Pag I .AND SALES LOCATION MAP I : _ . . • M M r r Jfi� M r - . 1 UPI FCemn A r II titSPrtjçnmpg •a •..a . • • AA ' o. • ett• $ • .• % • . 6 ( ' I wr j, Target us • ' i Safeway` ' ,`l `� ✓-� L.• •.l.w;) ► ot . a. rye • * • 1pp � t�.d. Nt� . • w, . z J ' • __ D,,,Iles! in t _ . • ,--, A / • • • I 1 • III 0 1•. . w a M M •� •� - w \\ ., ! . . 1,, , _ .. arlir Iffillir. :A.I • u .a:rti .. ... est ....,_ . ... ill: •spa se • '• It ,f'p r(y�� • t . . . E y 1- l t » r t• r .2 li , i j ' j r �• 1 •• 'it I• I'. g IIIP • il 147 lieb LIP MIL. WM a I 1.1 • •' 1 .14W,;a ii . • i / .t AIMS ASS- ..I' .. .! •. T�-'{�'�-�i.j.[e�l r Y 1'r...-`.' '{(.'�J [��[py.sr .1...a.$1...---.-; .. i..ea"`riiS a-� . ...r rrF►r•s `lr�� Si •. MI• • N M .� • r f r "2"T'YT Y" Y �1 Cl.',7 _ '� � " _N1 .� -• - Y .. iA ,n • • 7 J' ' " " T1 _ r a_ ' _ '.�la L ......4.-.... , J _• CBOE_COMM 0109! Page SUBJECT PHOTO min iirmaal 11 . , _ SUBJECT PHOTO 16 - a. / r - I LI- r Ill . . 4 • r, -' . ' • '• IC IS. . 1 1 , SUBJECT PHOTO-11 'I "I -r..--ii , ' - � T gla MOW SI 1• r-- nit, -I s • •- ..- - I ► t..C % ' j - 1 CBOE_COMM_010 Pags COST APPROACH SUMMARY 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 $465,310 Land Value $315,413 TOTAL VALUE BY THE COST APPROACH $780,723.00 CBOE_COMM_010998 Page 6 MARKET APPROACH COMPARABLE GAS STATION / CAR WASH SALES ADDRESS Grantor/Grantee Date of Sale Price Square Price Sale Foot Per Sq Ft Safeway Gas Station 1,687 434.54 Subject 4632 Centerplace Dr Greeley J&T Petroleum Charles Dickson Etal/ 03/09/06 $1,800,000 3,474 518.13 4751 W 10h Street SWK Inc Greeley 2 Phillips 66 C-Store ARM Petroleum/ 12/27/01 $1,700,000 3,580 474.86 1005 54th Avenue James Dollar Greeley 3 Evans Fast Break Fast Break LLC II/ 05/20/05 1,625,000 4,140 392.51 1100 42n"Street Sandhu&Nijjar LLC Evans THE AVERAGE FOR ALL MARKET SALES IS $461.83 PER SQUARE FOOT MARKET CALCULATIONS SUBJECT 1,687 SQ. FT. TIMES $460.00 PER SQ. FT. EQUALS $776,020 ROUNDED TO $776,000 CBOE_COMM_010 Pag Comparable Number 1 _ -- - __ - / all mime 1 IIIIIPser- • ` .„. t , • , _ •, iwn :fit, 1_3.h.. .. 94 y + 1 , err T .r '. !.012ttill aill , :f .r COMPARABLE SALE COUNTY: WELD ACCOUNT R1005796 PARCEL NUMBER: 095903421002 PRIMARY OCC: Convenience Store PERCENT: 85% SECONDARY OCC: Car Wash - Automatic PERCENT: 15% THIRD OCC: PERCENT: ADDRESS: 4751 W 10 ST GREELEY RECEPT NUMBER: 3370212 SALE DATE: 3/9/2006 GRANTOR: DICKSON CHARLES B (25% INT) & SALE PRICE: $ 1 ,800,000 GRANTEE: SWK INC ADJ SALE PRICE: YEAR BUILT: 1995 CLASS: C EFFECTIVE AGE: LAND/BLDG RATIO: 9.07 LAND SIZE (SF): 31 ,501 LAND VALUE: $252,008 BLDG SIZE (SF): 3,474 IMPS PRICE/SF: $445.59 WALL HEIGHT: 15 & 17 SALE PRICE/SF: $518. 13 STORIES: 1 INTEREST RATE: BSMNT SIZE: DOWN PYMT: BSMNT FINISH: LOAN TERM (YRS): ZONING: POINTS PAID: QUALITY: Good COMMENTS: CBOE_COMM_0105 Page Comparable Number 2 104 Fer . _ .. r. ' Ill w dillij iii I iippg. pp MI r» Pi 41)11 se' a11 r . + C I. `I. I I� b- .t - •.Auk COMPARABLE SALE COUNTY: WELD ACCOUNT R6941098 PARCEL NUMBER: 095910227006 PRIMARY OCC: Convenience Store PERCENT: 100% SECONDARY OCC: PERCENT: THIRD OCC: PERCENT: ADDRESS: 1005 54 AV GREELEY RECEPT NUMBER: 2913688 SALE DATE: 12/27/2001 GRANTOR: ARM PETROLEUM CO SALE PRICE: $ 1 ,700,000 GRANTEE: DOLLAR JAMES M & LINDA M ADJ SALE PRICE: YEAR BUILT: 1997 CLASS: D EFFECTIVE AGE: LAND/BLDG RATIO: 13.45 LAND SIZE (SF): 48, 168 LAND VALUE: $337,200 BLDG SIZE (SF): 3,580 IMPS PRICE/SF: $380.67 WALL HEIGHT: 14 SALE PRICE/SF: $474.86 STORIES: I INTEREST RATE: BSMNT SIZE: DOWN PYMT: BSMNT FINISH: LOAN TERM (YRS): ZONING: POINTS PAID: QUALITY: GOOD COMMENTS: CBOE_COMM_01 OS Page Comparable Number 3 f rte_= =r+= - ;1t/r r f_- ��„sail' __ ..IITl __fir - i� t ±t r. _ .�L� . .irj.. fillit.DIE . . .. . . rni I. i • liki : . m.. ---ter .1 IMISIIMIIIIIIIMIMISISCOMPARABLE SALE COUNTY: WELD ACCOUNT R2448203 PARCEL NUMBER: 096130408001 PRIMARY OCC: Convenience Store PERCENT: 100% SECONDARY OCC: PERCENT: ADDRESS: 1 100 42 ST, EVANS RECEPT NUMBER: 3294414 SALE DATE: 5/20/2005 GRANTOR: FAST BREAK LLC II SALE PRICE: $ 1 ,625,000 GRANTEE: SAN DHU & NIJJAR LLC ADJ SALE PRICE: YEAR BUILT: 2003 CLASS: C EFFECTIVE AGE: LAND/BLDG RATIO: 10.87 LAND SIZE (SF): 44,995 LAND VALUE: $269,970 BLDG SIZE (SF): 4, 140 IMPS PRICE/SF: $327.30 WALL HEIGHT: 12 SALE PRICE/SF: $392.51 STORIES: 1 INTEREST RATE: BSMNT SIZE: DOWN PYMT: BSMNT FINISH: LOAN TERM (YRS): ZONING: POINTS PAID: QUALITY: Average COMMENTS: CBOE_COMM_01 C Page INCOME APPROACH INCOME CAPITALIZATION Gas Station —Actual Annual NNN Income 62,500 Car Wash — Estimated Annual NNN Income 22,000 Total NNN Income 84,500 Less 10% Vacancy & Collection Loss -8,450 Effective Gross Income 76,050 Less 5% Management - 3,803 Less 3% For Reserves - 2,282 Net Operating Income 69,965 Capitalization Rate 9% Income Value 777,389 Rounded To $777,000 CBOE_COMM_0105 Page FINAL RECONCILIATION COST APPROACH MARKET APPROACH INCOME APPROACH $780,723 $776,000 $777,000 ASSESSOR'S VALUE $733,083 CBOE_COMM_010998 Page 12 NOTICE OF DETERMINATION NOTICE OF DENIAL OFFICE OF COUNTY ASSESSOR 1400 NORTH 17th AVE GR CP Ll CENTERPLACE SITUS : 4632cREEL45, CT.363( CENTERPLACE DR GREELEY 000000000 PHONE(970)353-3845,EXT.365f ‘&tt www.co.weld.w.w RECEIVED wokOWNER: MCW-RC CO-GREELEY LLC JUL 0 3 2008 COLORADO M.F.POER DENVER MARVIN F POER& COMPANY PARCEL 095914308001 410 17TH ST STE 1175 ACCOUNT R2132803 DENVER CO 80202-4439 YEAR 2008 LLC 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 particula 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 no• adjust the value . PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE OF VALUE ACTUAL VALUE ACTUAL VALUI PRIOR TO REVIEW AFTER REVIEW cu COMMEty:CIBL 733083 733083 0{; c , TOTALS $ J. 733083 $ 733083 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 2008-2074 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. '4, CMURVE 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 ;I 'livi °t FITRARINC1 You will be notified of the time and place set for the hearing of your appeal. MINTY _.n sn OF EQ1 uz mON' DETEII IINATIO ` 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. TitAnynatuarrs FORSVIMER AMALS 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. 7� 5-6� -� ' 0/ 2 P���� is 3' t" 03 ) 573 0975 -till D. MONZON DATE MARVIN F. POER & CO. 410 17TH ST. SUITE 1730 NOD 2076287/O8 DENVER CO 80202 ' CLERK TO THE BOARD PHONE (970) 356-4000 EXT 4226 !" FAX: (970)352-0242 � �T WEBSITE: www.co.weld.co.us.co.us 915 10TH STREET P.O. BOX 758 GREELEY, COLORADO 80632 C. COLORADO July 21, 2008 MCW-RC CO-GREELEY LLC CIO PROPERTY TAX DEPARTMENT PO BOX 790830 SAN ANTONIO TX 78279-0830 Parcel No.: 095914308001 Account No.: R2132803 Dear Petitioner(s): The Weld County Board of Equalization has set a date of July 31, 2008, at or about the hour of 1:30 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, 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. MCW-RC CO-GREELEY LLC - R2132803 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 Oa% Donald D. Warden Clerk to the Board cc: Christopher Woodruff, Assessor MARVIN F. POER AND COMPANY 410 17TH ST STE 1175 DENVER CO 80202-4439 '0; CLERK TO THE BOARD 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 C. COLORADO July 25, 2008 MCW-RC CO-GREELEY LLC C/O PROPERTY TAX DEPARTMENT PO BOX 790830 SAN ANTONIO TX 78279-0830 Parcel No.: 095914308001 Account No.: R2132803 Dear Petitioner(s): The Weld County Board of Equalization previously set a date of July 31, 2008, at or about the hour of 1:30 PM, to hold a hearing on your valuation for assessment. To hear the cases more efficiently, this case has been rescheduled to Thursday, July 31, at 10:45 AM. 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. 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. MCW-RC CO-GREELEY LLC - R2132803 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 gm/I/MAL Donald D. Warden Clerk to the Board cc: Christopher Woodruff, Assessor MARVIN F. POER AND COMPANY 410 17TH ST STE 1175 DENVER CO 80202-4439 t P. 01 t TRANSACTION REPORT t JUL-25-2008 FRI 04:34 PM FOR: WELD CO GOVT 9703520242 * DATE START RECEIVER TX TIME PAGES TYPE NOTE Mit DP * JUL-25 04:31 PM 913035730976 2' 56" 5 SEND OK 113 t TOTAL : 2M 56S PAGES: 5 FAX TRANSMISSION pfst4O. Vi`P CLERK 9P.10TH STRE BOARD 0. OX 58 T COLOR GREELEY, CO 80631 PHONE: 970-356-4000 EXT. 4226 FAX: 970-352-0242 To: Attn: Joseph Monzon Date: July 25, 2008 Marvin F. Poer and Co. Fax: 303-573-0976 Pages: 5, including cover page From: Esther Gesick, Deputy Clerk to the Board Subject: Rescheduled Hearings with Board of Equalization-R2133403 and R2132803 (MCW-8C CO-GREELEY, LLC) e-,/11�.sT Mr Ymn_ Hello