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HomeMy WebLinkAbout20072320.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 2007, WELD COUNTY, COLORADO - STIPULATE PETITION OF: FDR FARMS LLLP 5477 COUNTY RD 44 JOHNSTOWN, CO 80534 DESCRIPTION OF PROPERTY: ACCOUNT #: R4666986 PARCEL #: 106114000008 - 25752 PT SE4 14 4 68 LYING S OF LN DESC AS BEG 379.5'S OF NE COR SE4 SWLY 820'TO PT 660W & 1815'N OF SE COR SEC W1518'SWLY 820'TOW LN SE4 1501.5'S OF NW COR SE4 (2R 10) 4521 44 CR WELD 00000 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 2007, 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 2007,claiming that the property described in such petition was assessed too high, as more specifically stated in said petition, and WHEREAS,in lieu of the hearing scheduled before the Board of Equalization a Stipulation was agreed upon by the Assessor and said petitioner(s), and WHEREAS,the petitioner(s)and the Weld County Assessor agree that the assessment and valuation of the Weld County Assessor shall be, and hereby is, stipulated as follows: ACTUAL VALUE AS DETERMINED ACTUAL VALUE BY ASSESSOR AS STIPULATED Land $ 30,257 $ 30,257 Improvements OR Personal Property 133,038 123,184 TOTAL $ 163,295 $ 153,441 WHEREAS,said Stipulation shall resolve all issues to have been determined by the Weld County Board of Equalization. 2007-2320 AS0067 RE: BOE - FDR FARMS LLLP, R4666986 Page 2 NOW,THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, acting as the Board of Equalization, that the Stipulation agreed to by the Weld County Assessor and the above-named petitioner(s) be, and hereby is, accepted by the Board. The above and foregoing Resolution was,on motion duly made and seconded,adopted by the following vote on the 31st day of July, 2007. BOARD OF COUNTY COMMISSIONERS ,, ,�� ��� WE1L OUNTY, COLORADO T: ���" "7 ���letei d� cv.V G� David E. Long, Chair lerk to the Board EXCUSED MIc ,a William H. erke Pro- -: rd n� C;1 'rkto the Board 7? -i` Wil ' F. Garcia APPROVED AS TO FORM: p n Robert D. Masden 1� - � i Q Assi ant County Attorney D uglas ademacher Date of signature: .045/0'74 2007-2320 AS0067 2007 COUNTY BOARD OF EQUALIZATION WELD COUNTY ASSESSOR'S ACCOUNT NUMBER R4666986 STIPULATION (As To Tax Year 2007 Actual Value) RE PETITION OF : NAME: FDR Farms LLLP ADDRESS: 5477 CR 44 Johnstown, CO. 80534 Petitioner(s),FDR Farms LLLP and the Weld County Assessor, hereby enter into this Stipulation regarding the tax year 2007 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: 1. The property subject to this Stipulation is described as: (PT SE4 14 4 68) 2. The subject property is classified as Agricultural property. 3. The County Assessor originally assigned the following actual value to the subject property for tax year 2007. Land $ 30,257 Improvements$ 133,038 Total $ 163,295 4. After further review and negotiation,the petitioner(s) and Weld County Assessor agree to the following actual value for the subject property. Land $ 30,257 Improvements$ 123,184 Total $ 153,441 2007-2320 5. The valuations, as established above, shall be binding only with respect to tax year 2007. 6. Brief narrative as to why the reduction was made: Changed the outbuildings to farm implement and placed salvage value on the one grain bin that is not usable per inspection on 07-16-2007. 7. Both parties agree that the hearing scheduled before the Weld County Board of Equalization on at be vacated; or, a hearing has not yet been scheduled before the Board of Equalization x (check if appropriate). DATED this 16th Day of ha, July, 2007. r( p h ,vi F n,�� . -y iu /L-Jnj " LL L7 Petitioner(s) or Attorney Petitioner(s) or Attorney Address: Address: .S 'iI7 lv. dt es; ICI 21 V fualec v�ILtc. et-525q Telephone:971 - see - 223 g Telephone: County As ess or Address: 1400 N.17th Avenue Greeley, CO 80631 (970) 353-3845 ext. 3656 NOTICE OF ADJUSTMENT OFFICE OF COUNTY ASSESSOR 1400 NORTH 17th AVE. 25752 PT SE4 14 4 68 LYING S OF LN GREELEY,CO 80631 DESC AS BEG 379 . 5' S OF NE COR SE4 PHONE(970)353-3845,EXT.3650 I SWLY 820 ' TO PT 660'W & 1815'N OF www.caweId.co.us • SE COR SEC W1518 ' SWLY 82O' TO W LN Wine %4521 WCR FDR 44% F SITUS :RMS 4521SE4 1501 . 5' S OF NW COR 4442CRR OWNER1D) LP COLORADO FDR FARMS LLLP LOG 1779 5477 COUNTY RD 44 PARCEL 106114000008 ACCOUNT R4666986 JOHNSTOWN, CO 80534 YEAR 2007 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): Agricultural land - The value is determined soley by the earning or productive capacity of the land, capitalized at a rate set by law. If your concern is the amount of your property tax,local taxing authorities(county,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: Your ag land has been reclassified to correctly conform to the SCS soils map and Weld county' s identification. Your value changed to reflect this reclassification. PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE OF VALUE ACTUAL VALUE ACTUAL VALUE PRIOR TO REVIEW AFTER REVIEW AG LAND 30257 30257 AG BUILDINGS 36827 36827 AG RESIDENTIAL 96211 96211 >'c b` Q II < - ow N = LLJ Jo- O W TOTALS $ $ 163295 $ 163295 • APPEAL DEADLINES: REAL PROPERTY-JULY 16,PERSONAL PROPERTY—JULY 20. 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. TO PRESERVE YOUR APPEAL RIGHTS,YOU MAY BE REQUIRED TO PROVE THAT YOU FILED A TIMELY APPEAL; THEREFORE,WE RECOMMEND ALL CORRESPONDENCE BE MAILED WITH PROOF OF MAILING. 06/27/2007 By: Christopher M. Woodruff WELD COUNTY ASSESSOR DATE ADDITIONAL INFORMATION ON REVERSE SIDE NOD 207 62 07/01 YOU HAVE THE RIGHT TO APPEAL THE ASSESSOR' S DECISION The County Board of Equalization will sit to hear appeals beginning July 2 and continuing through August 3 for real property (land and buildings) and personal property (furnishings, machinery, and equipment). § 39-8-104 and § 39- 8-107(2), C.R.S. I you c oose 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 16 FOR REAL PROPERTY, AND JULY 20 FOR PERSONAL PROPERTY. WELD COUNTY BOARD OF EQUALIZATION 915 10th Street, P.O. Box 758 Greeley, Colorado 80632 Telephone(970) 356-4000 Ext. 4225 You wil .e note ied o the time and place set for the hearing of your appeal. 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 3. I you are not satisfied with e County Boar of Equa ization' 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 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 art appeal with the Board of Assessment Appeals by September 10th. TO PRESERVE YOUR APPEAL RIGHTS, YOU MUST 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. 4) a --i.we d.Q.a t%L-ec mss. any c ci. /r� i .emu a12-4.1-4=-A.42, �,n2-G�'c-c4, lh t NOD 207 62 87/07 Parcel# 106114000008 Account # R4666986 To appeal by mail, list your name, address, and phone number below, detach the lower portion of this notice and mail in accordance with instructions on the reverse side to: Name: FOR nil" his I- L. 1 I' Weld County Assessor Address: 5 .'/ 7') Weld C:), Rri 4/4 1400 N. 17th Avenue ;Trail Arrrs j--,v Lone" Cr, S*O 5.3 V Greeley, CO 80631 Phone: 97O — c r7- 5r2).3 c An assessment percentage will be applied to the actual value of your property before taxes are calculated. The assessment percentage for residences is projected to be 7.96 Generally,all other property,including vacant land,is assessed at 29%of actual value.§39-1-104(1)and (1.5), C.R.S. • Your property was valued as it existed on January 1 of the current year. • The tax notice you receive next January will be based on this value. • Your right to appeal your property value expires on June 1,2007. • All property in Colorado is revalued every odd year. APPRAISAL PERIOD: The appraisal data used to establish your real property value was from the 18 month period ending June 30, 2006. Your value is based on comparable sales of properties during that period. If the senior citizen property tax exemption has been applied to your property,it is not reflected in the value shown above. The following property characteristics were used to estimate your property value: OCCUPANCY1 RANCH SINGLE 1 SMFAMI Y RESIDE PRIMARY BUILT AS 1 AN YEAR BUILT936 BUILT AS SQUARE FOOTAGE" 936 TOTAL BASEMENT SQUARE FOOTAGE TOTAL BUILDING COUNT 6 1 ho✓5-- 2 0 • r4'4 li. 1/5 $ 1 she.-" Ian >-o/d Silk ¢ 7� 1 6�yr°2A6.ij FLOOD IRRIGATED TU ACRES 74 ACRES 10 �- f-4-m g C/etUi7 �f7e� DRY FARM LAND-AGRICULTURALRICULT ACRES 22 / GRAZING LAND-AGRICULTURAL • f 9TaNQ also 'VJ IO *The square footage listed is the total exterior square footage and may include other structures on the property. Improvements means all structures,buildings,fixtures,fences,and water rights er cted I upon r or affixed to land,whether or not title to such land has been acquired,§ Nov 181/212 62 04/07 REAL PROPERTY QUESTIONNAIRE - ATTACH ADDITIONAL DOCUMENTS AS NECESSARY MARKET APPROACH: This approach to value uses sales from the appropriate time period to determine the actual value of your property. The following items, if known, will help you estimate the market value of your property. If available, attach a copy of any appraisal or written estimate of value. Have similar properties in your immediate neighborhood sold? DATE SOLD PROPERTY ADDRESS SELLING PRICE Note: The Cost and Income Approaches are used for Non-Residential properties only. COST APPROACH: This approach uses replacement cost new, less depreciation and is best when the structures are new or less than 5 yrs old. If the structure is less than 5 yrs old please answer the following: Type of Structure Cost to construct new Have changes been made since construction. Please describe them. Type of change Cost Type of change Cost Type of change Cost INCOME APPROACH: This approach uses net income from operation of a property which was rented or leased the previous year and converts the net income into actual market value. Please attach operating statements showing income and expenses related to operation of the buildings only. These statements should reflect the past 3 years of operation if possible. Also show rents of comparable properties if you have that information available. If you have an appraisal showing the income approach which was done in the past 2 years, please attach also. Based upon the information shown above please give your estimate of the true market value of your property as of June 30, 2006 S p C ) DOCUMENTATION - REASON FOR REQUESTING A REVIEW: • Lunt, AW ,A.ao A Y s ,-W� w Verification: I,the undersigned ownsf or agent of this property, state that the info+hnation and facts contained herein and on any attachments constitute true and complete statements concerning the described property. Signature: Owner/ gent Date:nal / 5, ; UG '7 (circle o Address:51/77 Weld a, pd i/'1 Daytime Phone #:(V 5Y1- 5/.23 0 -uhMst0wn(, CO. 9 6351 Nov IS I/2126204/O7 Hello