HomeMy WebLinkAbout20072464.tiff RESOLUTION
RE: THE BOARD OF EQUALIZATION, 2007, WELD COUNTY, COLORADO- STIPULATE
PETITION OF:
ALEXANDER & BALDWIN INC
822 BISHOP STREET
HONOLULU, HI 96813
DESCRIPTION OF PROPERTY: ACCOUNT#: R2175686 PARCEL#: 095912201001 -GR
1WS-1 BLK1 EXC L1 1ST WILSHIRE&L1 TO 3 BLK2 1ST WILSHIRE&L4-5-7-8 EXC E3.5' L8
BLK2 WILSHIRE(WILSHIRE SHOPPING CENTER)(#GR 1-WS1-A IMPS ONLY MC DONALDS)
(IMPS ONLY#GR 1 W S-1 B 1ST NATL BANK)%2912 W 10 ST% 2912 W 10 ST GREELEY 00000
2900
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 $ 803,650 $ 803,650
Improvements OR
Personal Property 2,425,250 2,179,350
TOTAL $ 3,228,900 $ 2,983,000
WHEREAS,said Stipulation shall resolve all issues to have been determined by the Weld
County Board of Equalization.
2007-2464
AS0067
fig /1-s (14 A-774)470 g I'- 02007
RE: BOE - ALEXANDER & BALDWIN INC, R2175686
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
WELD UNTY, COLO DO
I " +�.`< David E. Long, Chair
ti atV ,Id lerk to the Board
?c^ EXCUSED
ti is
`�y`F` " William
H. JJerke, Pro-T m
+Et ' lerk to the Board
^°.° ', a„;,;:
Willia F. Garcia
ApfrR VED AS TO FORM: f� .
` 1
' ^ Robert D. Mas en 1J�
UI
Ass' ant C my Attorney CLIC
ougla ademache
Date of signature:
2007-2464
AS0067
•
2007
COUNTY BOARD OF EQUALIZATION
WELD COUNTY
ASSESSOR'S ACCOUNT NUMBER R2175686
STIPULATION (As To Tax Year 2007 Actual Value)
RE PETITION OF :
NAME: Alexander & Baldwin Inc
ADDRESS: 822 Bishop
Honolulu, Hi. 96813
e
Petitioner(s), ALEXANDER & BALDWIN INC 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: BIOCK 1 EXC LOT 1
WILSHIRE 1S , AKA 2800 THRU 2912 W 10'n STREET GREELEY
2. The subject property is classified as COMMERCIAL
property.
3. The County Assessor originally assigned the following actual value to the subject
property for tax year 2007.
Land $ 803.650
Improvements$2,425.250
Total $3,228.900
4. After further review and negotiation, the petitioner(s) and Weld County Assessor
agree to the following actual value for the subject property.
Land $ 803.650
Improvements$2,179.350 .,„„ 'r 2 vnm
Total $2,983,000 ?,
AUG 15 2007
\Aran :JON
GRE_EL.EY, COLORADO
0o 7_ay&N
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: ADJUSTED VALUE BASED
ON THE INCOME APPROACH.
7. Both parties agree that the hearing scheduled before the Weld County Board of
Equalization on 7/30/2007 at 4:00 PM be vacated; or, a hearing has not yet been
scheduled before the Board of Equalization (check if appropriate).
DATE his 25 day of JULY, 2007.
Petitio (s) r Agent Petitioner(s) or Attorney
Address: Address:
U,4stMJ
LDAUS-t ,TuS ACcFT V4L&ATldnl
Telephone: Telephone:
County Assessor
Address:
1400 N.17th Avenue
Greeley, CO 80631
(970) 353-3845 ext. 3656
NOTICE OF DENIAL OFFICE OF COUNTY ASSESSOR
1400 NORTH 17th AVE.
GR 1WS-1 BLK1 EXC Ll 1ST WILSHIRE GREELEY,CO80631
istv; & Ll TO 3 BLK2 1ST WILSHIRE & PHONE(970)353-3845,EXT.3650
L4-5-7-8 EXC E3 . 5' L8 BLK2 WILSHIRE www.co.wetd.co.us
1—WS1-A IMPS ONLY MC DONALDS)
SHOPPING CENTER) (#GR ONLY 1WS-1B OWNER: ALEXANDER 1ST BANK)
(IMPS
INCNC
COLORADO
CONSULTUS ASSET VALUATION INC LOG 4012
16-A INVERNESS PLACE EAST PARCEL 095912201001
ACCOUNT R2175686
ENGLEWOOD, CO 80112 YEAR 2007
Owner: ALEXANDER & BALDWIN INC
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,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:
The Colorado Constitution requires commercial property to be valued based on
actual value and assessed at 29% . Replacement cost, market, and income are
approaches used to determine the actual value of your property. Your valuation
is supported by the appraisal procedures required by law.
PETITIONER'S ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ESTIMATE
OF VALUE ACTUAL VALUE ACTUAL VALUE
PRIOR TO REVIEW AFTER REVIEW
}.c a
COMhIAL,, ?d,J 3228900 3228900
O_
V LL '
Cr 7-
to 1J
OrCD
Lti
U o
0
TOTALS $ $ 3228900 $3228900
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-S-106(I)(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
.m2076257/0,
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.
nit
If you choose to appe. e 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
rY-;x a '. AIWN ONBEARING:
You wi I 'e notified of the time and place set for the hearing of your appeal.
#MTV BOARD OF toUalZNTIOWNIWTERMNA . ;P+1
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.
ihrAYER RIGHTS FOR FURTHtit"APPEALS:
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.aov/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 QDL'fTI~TC TWIT r AD A TACIT TNTT Attach additional documents as
necessary. Assessor's Value doesn't reflect
market.
Owner's estimate of Value 6#1 /F -7 $ fOo O0O
SIGNATURE OF PE DAIE l5q
NOD 207 62 67/07
.
CONSULTUS Appraisers & Counselors
16-A Inverness Place East
ASSET VALUATION, INC. Englewood, CO 80112
phone 303-770-2420
fax 303-770-2430
Maximizing Your Resources www.consultus.biz
July 5, 2007
TO: Weld County Board of Equalization
FROM: Steve Letman
RE: Schedule of BOE Hearings
Please schedule our hearings for one of the following days:
Monday morning between 10 AM — 12 PM, July 30
We are trying to coordinate our time so we may attend all county BOE hearings. Please call me
or Jason Letman to confirm. Thank you.
CONSULTUS
ow-
CI
it •
CLERK TO THE BOARD
J" PHONE (970) 356-4000 E52 4226
r�' FAX: (970) 352-0242
WEBSITE: www.co.weld.co.us
915 10TH STREET
P.O. BOX 758
O GREELEY, COLORADO 80632
COLORADO
July 25, 2007
ALEXANDER & BALDWIN INC
822 BISHOP STREET
HONOLULU HI 96813
Parcel No.: 095912201001 Account No.: R2175686
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of July 30, 2007, at or about the hour of
4:00 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.
ALEXANDER & BALDWIN INC - R2175686
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
Donald D. Warden
Clerk to the Board
cc: Christopher Woodruff, Assessor
CONSULTUS ASSET VALUATION INC
16-A INVERNESS PLACE EAST
ENGLEWOOD CO 80112
Hello