HomeMy WebLinkAbout20072352.tiff RESOLUTION
RE: THE BOARD OF EQUALIZATION, 2007, WELD COUNTY, COLORADO - STIPULATE
PETITION OF:
JOHNSON HERMAN LEROY TRUST
801 8 ST STE 220
GREELEY, CO 80631
DESCRIPTION OF PROPERTY: ACCOUNT #: R1270686 PARCEL #: 080324000013 -
13770 NW4 24 6 65 (4R) 32924 47 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 $ 73,962 $ 73,962
Improvements OR
Personal Property 186,473 174,674
TOTAL $ 260,435 $ 248,636
WHEREAS,said Stipulation shall resolve all issues to have been determined by the Weld
County Board of Equalization.
2007-2352
AS0067
/�� ; 4-S: nJ A 46)A7
RE: BOE - JOHNSON HERMAN LEROY TRUST, R1270686
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
WEL OUNT , LO O
ATTEST: �A/_._l, 0
�°�1 David E. Long, Chair
I�Gtu,, lerk to the Board
EXCUSED
2' 22
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� S TO FORM: � p!y V
( • Robert D. Mas en
s��" tant *funty Attotl
Dougla demach r
Date of signature: Ln1��7%
2007-2352
AS0067
2007
COUNTY BOARD OF EQUALIZATION
WELD COUNTY
ASSESSOR'S ACCOUNT NUMBER R1270686
STIPULATION (As To Tax Year 2007 Actual Value)
RE PETITION OF :
NAME: Herman Leroy Johnson Trust
ADDRESS: 801 8 St Ste 220
Greeley, CO. 80631
* * * *
Petitioner(s), Herman Leroy Johnson Trust 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:
(NW4 24 6 65)
2. The subject property is classified as Aq Residential
property.
3. The County Assessor originally assigned the following actual value to the subject
property for tax year 2007.
Land $ 73,962
Improvements$ 186,473
Total $ 260.435
4. After further review and negotiation,the petitioner(s) and Weld County Assessor
agree to the following actual value for the subject property.
Land $ 73,962
Improvements$ 174,674
Total $ 248,636
2007-2352
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: Value was adjusted
based on inspection on 07-18-2007 changed classifications on 2 buildings.
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 20th day of July, 2007.
CC
Pe iPe i i or Attorney Petitioner(s) or Attorney
Address: Address:
Telephone: Telephone:
rethor
County Asse sor
Address:
1400 N.17th Avenue
Greeley, CO 80631
(970) 353-3845 ext. 3656
NOTICE OF DENIAL OFFICE OF COUNTY ASSESSOR
1400 NORTH 17th AVE.
I it;i447
13770 NW4 24 6 65 (4R) %32924 WCR GREELEY,coao63t
M10Vk\ 47% SITUS : 32924 47 CR WELD 00000PHONE(970)353-3845,EXT.3650
www.co.weld.co.us
ViiVtOWNER: JOHNSON HERMAN LEROY TRUST
COLORADO
JOHNSON HERMAN LEROY TRUST LOG 3048
801 8 ST STE 220 PARCEL 080324000013
ACCOUNT R1270686
GREELEY, CO 80631 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 property has been uniformly valued following Colorado law and instructions
published by the State Division of Property Taxation. Your protest of value has
been denied due to comparison of other similar properties which sold during the
2005/2006 time period. This comparison shows your actual property value to be
correct for that period.
PETITIONER'S ASSESSOR'S VALUATION
PE 'Y WSSIFICATION ESTIMATE
Z
OF VALUE ACTUAL VALUE ACTUAL VALUE
C Q a PRIOR TO REVIEW AFTER REVIEW
CV', N y
AG L2J 73962 73962
AG 27307 27307
AG ISSEDE;IA 159166 159166
TOTALS $ $ 260435 $260435
APPEAL DEADLINES: REAL-PROPERTY-JULY 16,PERSONAL PROPERTY-JULY 20.
If you disagree with the Assessor's decision,you have the right to appeal tome County Board of Equalization for further consideration.
§394-106(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 MAI,ING06/27/2007
By: Christopher M.Woodruff
WELD COUNTY ASSESSOR DATE
ADDITIONAL INFORMATION ON REVERSE SIDE
NOD 207 62 87/07
S' 'URITY TITLE GUARANTY 7.
7791 Highland Meadows Pkwy#A,Windsor,CO 80528
•
(970)266-9870
BUYERS SETTLEMENT STATEMENT
Final
Buyer/Borrower: Colorado Deferred Exchanges,Inc.,as Escrow No. 50123343-348 CWB
Qualified Intermediaryjor WAKE,LLLP Close Date: 04/05/2006
Proration Date 04/05/2006
Date Prepared: 04/04/2006
Property Address: 7263 West 4th St,#1,2&4
Greeley,CO 80634
..^ ,:; �"• B..69114 F_:i iF
TOTAL CONSIDERATION:
Total Consideration $697,500.00
NEW AND EXISTING ENCUMBRANCES:
Principal Amount of Loan from Centennial Bank of the West $365,000.00
NEW LOAN CHARGES:
Loan Origination Fee at.5%to Centennial Bank of the West 1,825.00
Appraisal Fee to Centennial Bank of the West 900.00
Upfront Release to Centennial Bank of the West 21.00
Flood Determination Fee to National flood Research 13.00
Hazard Insurance Premium for 1 year(s)to Union Colony Insurance 2,325.00
ESCROW CHARGES
Escrow Fee to Security Title Guaranty Co. 150.00
TITLE CHARGES: •
Lenders Policy$365,000.00 to Security Title Guaranty Co. 100.00
Tax Certificate(x3)to Security Title Guaranty Co. 75.00
Form 110.1 (Deletions)to Security Title Guaranty Co. 75.00
RECORDING FEES:
Recording Fees to Clerk and Recorder 57.00
State Tax Stamps to Clerk and Recorder 69.75
PRORATIONS AND ADJUSTMENTS:
County Taxes From 01/01/06 To 02/01/06 757.25
Based on the Annual amount of$8,916.00
1031 Exchange Funds 339,414.45,
Sub Totals 703,110.75 705,171.70
Refund Due Buyer. •- 2,060.95
Totals - 701171 70 705 171 70
3 z� sb kAeeicjL,
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APPROVED AND ACCEPTED: -1/9'��
WAKE,LLLP,a Colorado limited I' lity limited
partnership _
B e o nson,Gen -Partner Broker/Agent
Colorado Deferred Exchanges,Inc.,as Qualified Intermediary for WAKE.LLLP .
•
le ey edm eld, rest ant SecurityiTitle Gua• ty Co./Closing Agrent
Printed 04/04/2006 at 3:22 PM Page 1
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