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HomeMy WebLinkAbout20072483.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 2007, WELD COUNTY, COLORADO - STIPULATE PETITION OF: SOUTH COYOTE JUNCTION LLC PO BOX 1116 PLATTEVILLE, CO 80651-1116 DESCRIPTION OF PROPERTY: ACCOUNT#: R1752986 PARCEL#: 095901322026-GR 17317 PT SE4SW4 1 5 66 WGA COMM SW COR OF SE4SW4 THENCE N89D50'E 525.5' NOD17'W 275' ALONG W R/W OF 30TH AV TO TRUE POB S89D50'W 165' NOD17'W 75' N89D50'E 165' S0D17'E 75' TO TRUE POB 907 30 AV GREELEY 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 $ 43,288 $ 43,288 Improvements OR Personal Property 312,787 241,712 TOTAL $ 356,075 $ 285,000 WHEREAS,said Stipulation shall resolve all issues to have been determined by the Weld County Board of Equalization. 2007-2483 AS0067 RE: BOE - SOUTH COYOTE JUNCTION LLC, R1752986 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 NTY, OLORADO ATTEST: !n,,,,/,,f���'//// F-47 ""r David E. Long, Chair 1y� ♦` ` + +'r+ • Clerk to the Board /may' -.:,' j EXCUSED ?- William H. Jerker2{o-Tem I ''f a• pu; kirk to the Board L Ci/ �2 1't+° r� 's ,,//1 Wi m F. Garcia sidi ' ` £ ` AS TO FORM: 1 1� �W,t��� J Robert D. Masden Assis t Co ty Attorne yU a,1 -� ��(('Q' ,+��,Air' Douglii3 Rademacher Date of signature: m�3,47 )) 2007-2483 AS0067 2007 COUNTY BOARD OF EQUALIZATION WELD COUNTY ASSESSOR'S ACCOUNT NUMBER R1752986 STIPULATION (As To Tax Year 2007 Actual Value) RE PETITION OF : NAME: South Coyote Junction LLC ADDRESS: P.O. Box 1116 Platteville , Co, 80651 Petitioner(s), South Coyote Junction LLC 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: Gr 17317 Pt SE4SW4 1-5-66 WGA Comm SW Cor of SE4SW4 thence N89D50'E 525.5' NOD17'W 275' along W R/W of 30th Av to true POB S89D50'W 165' NOD17'W 75' N89D50'E 165' SOD17'E 75' to true POB. Situs: 907 30 Av, Greeley 2. The subject property is classified as Office Building property. 3. The County Assessor originally assigned the following actual value to the subject property for tax year 2007. Land $ 43,288 Improvements$ 312,787 Total $ 356,075 4. After further review and negotiation, the petitioner(s) and Weld County Assessor agree to the following actual value for the subject property. Land $ 43,288 Improvements$ 241,712 Total $ 285,000 RECEIVED AUG 0 6 2007 9ti= L?✓ \;(a i;J i Y A3SES iOFj GREELEY. COLORADO c20a7-24S3 r ' 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: The base year income approach was given the major consideration on the subject property and was back by the base year sales comparable approach. 7. Both parties agree that the hearing scheduled before the Weld County Board of Equalization on 07/31/07 at 3:30 am be vacated; or, a hearing has not yet been scheduled before the Board of Equalization (check if appropriate). DATED 07/26/ 2007. 4S/ er(s) or Agent ,e itioner(s) or Agent Address: t(G 2GX ///t () .&77 ///l fi-rn-044,, ez' rsD61S/ -i/I ', jT.14.GV?1 CC> 967625/- ///4-, Telephone: 9 ill• ?GS"../2JX- Telephone: 9'2O• 215-- County Ass ssor Address: 1400 N.17th Avenue Greeley, CO 80631 (970) 353-3845 ext. 3656 • NOTICE OF DENIAL OFFICE OF COUNTY ASSESSOR • 1400 NORTH 17th AVE. itoct* GR 17317 PT SE4SW4 1 5 66 WGA COMM GREEI.EY,CO8o631 SW COR OF SE4 SW4 THENCE N89D50' E PHONE(970)353-3845,EXT.3650 525. 5' N0D17'W 275' ALONG W R/W OF www.co.weld.co.us 30TH AV TO TRUE POB S89D50'W 165' VI, N0D17'W 75' N9D59'7 305' SGREE 75 ' TO TRUE POB 907 30 AV GREELEY OWNER: SOUTH COYOTE JUNCTION LLC COLORADO SOUTH COYOTE JUNCTION LLC LOG 1112 PO BOX 1116 PARCEL 095901322026 ACCOUNT R1752986 PLATTEVILLE, CO 80651-1116 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): bmmercial property is valued by considering the cost, market, rid income approaches . If your concern is the amount of your property tax,local taxing authorities(county,city,tire 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: to change has been made to the valuation of this property. Colorado law 'equires us to send this notice of denial for all properties on which we do not LdJust the value. PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE OF VALUE ACTUAL VALUE ACTUAL VALUE r- PRIOR TO REVIEW AFTER REVIEW CD rCC t) CONAIE L Q 356075 356075 Ova .D _ v; _ Lu J T.. 0 C > o Cf 0 TOTALS $ $ 356075 $356075 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.0 6/26/2007 By: Christopher M.Woodruff WELD COUNTY ASSESSOR DATE ADDITIONAL INFORMATION ON REVERSE SIDE • 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 I nose 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 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 'ou wi .e non es o e time an. 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. you are not satis 1-. wl a ounty :oar. o -. 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 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. N 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 adfijtional documents as necessary. J ✓ .16"/ >c'«-lam/2 -zrJ lG Wi ,% 1(iN UliEU hI1I IONS lit-ei/ /EKG" 7-e-er,' (( 71/1/(2j i �[!�•/ UAIL July 11, 2007 Weld County Board of Equalization 915 - 10th Street P O Box 758 Greeley, CO 80632 We are in receipt of a denial for adjustment on property at 907 - 30th Avenue, Greeley, CO. The account number on this property is R1752986, also identified as Parcel No. 095901322026. We cite the following reasons against any increase in valuation and further demonstrate that a decrease is justified: 1. Mr. Stan was unable to produce comps for like kind property that fell in the window required by law upon which to base the assessment. 2. The City of Greeley relocated 30th Avenue, making frontage to the property an unattractive vacant parcel with weeds and plastic barriers. This is an invitation for unwelcome use and thereby detracts from the building. 3. Because of the relocation a 'no man's access' is now in place. The maintenance of said access is owned by the City of Greeley and is in limbo as the City of Greeley will not provide upkeep . 4. Parking in front of the building, formerly on a public road, is no longer available nor convenient. Accessing the front door of the building from 30th Avenue means one is trespassing. 5. Existing taxes are 25 percent of rents. The proposed increase of$61.625 is an additional 21 percent. Based on the current mill levy, the total tax liability would come to 30.2% of gross rents. This is unacceptable and demonstrates the over valuation of this building. We respectfully request the increase in valuation be set aside and the past valuation of $294,450.00 be reduced to $250,000.00, based on the above information. Since ly, Rodgr'S. Streed, Manager, South Coyote Junction, LLC ,Janet K. Streed, Registered Agent, South Coyote Junction, LLC copy to file Lei CLERK TO THE BOARD Kit ' PHONE (970) 356-4000 EXT 4226 FAX: (970)352-0242 WEBSITE: www.co.weld.co.us ' 915 10TH STREET NP.O. BOX 758 C. GREELEY, COLORADO 80632 COLORADO July 25, 2007 SOUTH COYOTE JUNCTION LLC PO BOX 1116 PLATTEVILLE CO 80651-1116 Parcel No.: 095901322026 Account No.: R1752986 Dear Petitioner(s): The Weld County Board of Equalization has set a date of July 31, 2007, at or about the hour of 3:30 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. SOUTH COYOTE JUNCTION LLC - R1752986 Page 2 Very truly yours, BOARD OF EQUALIZATION Donald D. Warden Clerk to the Board cc: Christopher Woodruff, Assessor Hello