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HomeMy WebLinkAbout20072481.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 2007, WELD COUNTY, COLORADO - STIPULATE PETITION OF: PLASTIC ART PRODUCTS LTD 1226 E 18TH STREET GREELEY, CO 80631 DESCRIPTION OF PROPERTY: ACCOUNT #: P0004376 PARCEL #: 096109400109 - #12252-C PT 9-5-65 1226 E 18 ST GREELEY 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 year2007,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 $ 0 $ 0 Improvements OR Personal Property 794,637 776,330 TOTAL $ 794,637 $ 776,330 WHEREAS,said Stipulation shall resolve all issues to have been determined by the Weld County Board of Equalization. 2007-2481 AS0067 RE: BOE - PLASTIC ART PRODUCTS LTD, P0004376 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 3rd day of August, 2007. BOARD OF COUNTY COMMISSIONERS 7 ���� WELD COUNTY, COLORADO ATTEST: /__D,�/��(/!/ EXCUSED "�f David E. Long, Chair Weld County Clerk to the Board William_ H. Jer Pro-Tem f Li gu_ k to the Board (4 William F. Garcia V TO FORM: OutletEXCUSED Robert D. Masden Ass ant C my Attorney Dougla Rademac er Date of signature: ,W7/07 2007-2481 AS0067 2007 COUNTY BOARD OF EQUALIZATION WELD COUNTY ASSESSOR'S ACCOUNT NUMBER P0004376 STIPULATION (As To Tax Year 2007 Actual Value) RE PETITION OF : NAME: PLASTIC ART PRODUCTS LTD ADDRESS: 1226 E 18TH STREET GREELEY CO 80631 Petitioner(s),NAME 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: (Legal description) 2. The subject property is classified as PERSONAL property. 3. The County Assessor originally assigned the following actual value to the subject property for tax year 2007. Land $ 0 Improvements$ 794,637 Total $ 794,637 4. After further review and negotiation, the petitioner(s) and Weld County Assessor agree to the following actual value for the subject property. Land $ 0 Improvements$ 776.330 Total $ 776,330 ad07-948/ 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: Three items were not given the computer dependant classification by the Assessor's Office in error. 7. Both parties agree that the hearing scheduled before the Weld County Board of Equalization on DATE at TIMEam be vacated; or, a hearing has not yet been scheduled before the Board of Equalization x (check if appropriate). DATED this DAY 19th of July, 2007. Petitio or ttorney Petitioner(s) or Attorney dress: )) Address: c� car -'lames� \U N., \-\c�Q4k r.. r. 00?--CD Telephonek \uUli dc `1 Telephone: riooi ei County ssessor Address: 1400 N.17th Avenue Greeley, CO 80631 (970) 353-3845 ext. 3656 NOTICE OF ADJUSTMENT OFFICE OF COUNTY ASSESSOR 10)3 NORTH 17th AVE. 41(e6aVRI GREELE-O PT 9-5-65 1226 E 18 ST GREELEY,CO 80631 GREELEY 00000 PHONE(970)353-3845,EXT.3650 www.co.weld.co.us wokOWNER: PLASTIC ART PRODUCTS LTD COLORADO PALMER-KERN LOG 4228 121 N. HARRISON AVE. PARCEL 096109400109 ACCOUNT P0004376 LAFAYETTE, CO 80026 YEAR 2007 Owner: PLASTIC ART PRODUCTS LTD 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): Personal property - Everything that is not included under the term real property. Personal property is typically portable or movable items such as equipment, ₹urniture, and freestanding appliances . 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 personal property account has been adjusted for 2007 . PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE OF VALUE ACTUAL VALUE ACTUAL VALUE PRIOR TO REVIEW AFTER REVIEW PERSONALr-PROP 797878 794637 Q DC, U CI) U CD LEl cr) TOTALS $ $ 797878 $ 7 94637 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. 07/10/2007 By: Christopher M. Woodruff WELD COUNTY ASSESSOR DATE ADDITIONAL INFORMATION ON REVERSE SIDE NOD 207 62 87/07 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. 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 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 t4t. I sit G You wi 1 be notified t e time and place set for the hearing of your appeal. 6.01r 'k ' ,hi; t ,R OIr ECUALIZA'TlOW S DE1' i'+ . 'S.. 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. litaltIGWISTOR FuRTHERMPEALSE 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 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 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. —\\\--tASTA DAIL NOD 207 62 87/07 • PALMER-KERN July 12, 2007 Weld County Board of Equalization 915 10th Street PO Box 758 Greeley, CO 80632 RE: Plastic Art Products, Ltd ID f P0004376 Honorable Board: Please accept this letter as an appeal of the 2007 Notice of Determination from the Weld County Assessor's office for the above referenced personal property account. We received from a print-out of the Assessor's record and have determined the following: 1) Incorrect trending factors have been applied to older equipment resulting in incorrect actual values. Using historical records from the Division of Property Taxation, we have indicated the correct trending factor for these assets. 2) Line 243 — Neff Press — full computerized assets used in manufacturing. According to the Division of Property Taxation, this asset should have a 4 year economic life applied rather than the 10 applied by the Assessor's office. 3) Line 244 Danly Station — full computerized asset used in manufacturing. According to the Division of Property Taxation, this asset should have a 4 year economic life applied rather than the 10 year applied by the Assessor's Office. 4) Line 247 — 10in Rack — actually asset is a mold — should be receiving a 3 year life rather than a 10 year economic life as applied by the Assessor's office. This data has been presented to the Weld County Assessor's office and it is our hope and intention that these issues are resolved prior to having to appear before the board. MACHINERY & EQUIPMENT VALUATION SERVICES 121 N. Harrison Ave. • Lafayette, Colorado 80026 • (303) 666-4344 Fax (303) 661-9459 If you should have any questions, please contact our office. Thank you for your attention in these matters. 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'(O V) (O N f0 (O f0 V) (O COW f0 f0 W W (O N W (O f0 SF-:H H H'H H H H H H H H H H.H H H.H '00000000000000000000 ,D333333333333333333 • .00000000000000000000 . 00000000000000000000 XWX WXo: W0000 TM a a M a s a M a a M a a a s M M a a s CLERK TO THE BOARD PHONE (970) 356-4000 EXT 4226 FAX: (970) 352-0242 WEBSITE: www.co.weld.co.us I 915 10TH STREET WI P.O. BOX 758 C. GREELEY, COLORADO 80632 COLORADO July 25, 2007 PLASTIC ART PRODUCTS LTD 1226 E 18TH STREET GREELEY CO 80631 Parcel No.: 096109400109 Account No.: P0004376 Dear Petitioner(s): The Weld County Board of Equalization has set a date of August 2, 2007, at or about the hour of 4:30 PM,to hold a hearing on your valuation for assessment. This hearing will be held at the Weld County Department of Planning Services, Conference Room, 918 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 3, 2007, and mailed to you on or before August 10, 2007. 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. 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. PLASTIC ART PRODUCTS LTD - P0004376 Page 2 Very truly yours, BOARD NO�FF EQUALIZATION Donald D. Warden Clerk to the Board cc: Christopher Woodruff, Assessor PALMER-KERN 121 N. HARRISON AVE. LAFAYETTE CO 80026 Hello