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
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