HomeMy WebLinkAbout20072347.tiff RESOLUTION
RE: THE BOARD OF EQUALIZATION, 2007, WELD COUNTY, COLORADO - STIPULATE
PETITION OF:
J QUARTER CIRCLE CO
P O BOX 747
EATON, CO 80615
DESCRIPTION OF PROPERTY: ACCOUNT#: R1022502 PARCEL#: 080132000017 - PT
NW4 32-6-64 BEG NW COR S89D50'E 1318.99'TO POB S0D07'E 2427.47' N84D04'E 138.09'
S05D42'E 236.26' S89D44'E 1146.65' NODOSE 2651.84' N89D50'W 1318.99'TO POB PT SUB
EXEMPT SE-891 (1.70R) 25305 62.5 CR WELD 806150000
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 $ 34,327 $ 34,327
Improvements OR
Personal Property 174,464 122,436
TOTAL $ 208,791 $ 156,763
WHEREAS,said Stipulation shall resolve all issues to have been determined by the Weld
County Board of Equalization.
2007-2347
AS0067
RE: BOE - J QUARTER CIRCLE CO, R1022502
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
WE COUNTY, COLORADO
1��- DO/�'!/(/ATTEST: &s
ailDavid E. Long, Chair
ty Clerk to the Board
liraEXCUSED
William H. er e, Pr m 41 ft: rk to the Board L /)
Willr ia
S TO FORM:
Robert D. Masden
Ass ant Ginty Attorne
Douglas ademacher
Date of signature: 61'
2007-2347
AS0067
2007
COUNTY BOARD OF EQUALIZATION
WELD COUNTY
ASSESSOR'S ACCOUNT NUMBER R1022502
STIPULATION (As To Tax Year 2007 Actual Value)
RE PETITION OF :
NAME: J Quarter Circle Co
ADDRESS: P O BOX 747
Eaton, CO. 80615
Petitioner(s), J Quarter Circle Co 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 NW4 32-6-64)
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 $ 34,327
Improvements$ 174,464
Total $ 208,791
4. After further review and negotiation,the petitioner(s) and Weld County Assessor
agree to the following actual value for the subject property.
Land $ 34,327
Improvements$ 122,436
Total $ 156,763
2007-2347
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 upon the general market prices per sq. ft. that were in place in the base
period, additionally the income was considered as backup for the market
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 off July, 2007.
Petiti�TYt�r(s). Attorney Petitioner(s) or Attorney
Address: Address:
Telephone: Telephone:
County A sessor` d4)‘
Address:
1400 N.17th Avenue
Greeley, CO 80631
(970) 353-3845 ext. 3656
I -
NOTICE OF DENIAL OFFICE OF COUNTY ASSESSOR
1400 NORTH 17th AVE.
�( \ PT NW4 32-6-64 BEG NW COR S89D5O ' E GREELEY,CO 8O631
1318 . 99' TO POB S0D07 E 2427 . 47'
N84D04 ' E 138 . 09' S05D42 'E 236 . 26' PHONE(970)353-3845,EXT.3650
S89D44 ' E 1146 . 65' NODO8 ' E 2651 . 84 ' wwro.co.weld.co.us
WE`D N89D50 'W 1318 . 99' TO POB PT SUB OWNER: QUARTER CIRCLE EXEMPT
SE-891 (1 . 70R)
25305 2 . 5
COLORADO
J QUARTER CIRCLE CO LOG 3049
P 0 BOX 747 PARCEL 080132000017
ACCOUNT R1022502
EATON, CO 80615 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:
It will be necessary to physically inspect the above parcel . This will be done
at the earliest possible opportunity and any changes will be made after that
inspection. Based upon in₹ormation obtained during that inspection a decision
will be made .
PETITIONER'S ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ESTIMATE
OF VALUE ACTUAL VALUE ACTUAL VALUE
PRIOR TO REVIEW AFTER REVIEW
to
AG !r' ea O 34327 34327
AG Ws DI NGS§
AG :sTDENTI 173334 173334
U 6q
(V
dtigare 445444
-- Le"
N
TOTALS $ $ 208791 $208791
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-I06(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 87/07
S' , RIT 791 Highland Meadows TLEwyGUw A 80528
(970) O
7 U
(970)266-9870
BUYERS SETTLEMENT STATEMENT
Final
as Escrow No. S0123343-348 CWB
Buyer/Borrower: Colorado Deferred Exchanges,Inc., Close Date: 04/05/2006 LLLP
Qualified Intermediary for WAKE, Proration Date 04/05/2006
Date Prepared: 04/04/2006
Property Address: 7263 West 4th St,#1,2&4
•
Greeley,CO 80634 - `.-- �•" . '•
x
xwucN v `i � T dY ym red i147,,,..:
sr, .., on •H tom. %^- '�
TOTAL CONSIDERATION: 5697,SOO.oO
Total Consideration
NEW AND EXISTING ENCUMBRANCES: $365,000.00
Principal Amount of Loan from Centennial Bank of the West
NEW LOAN CHARGES: 1,825.00
Loan Origination Fee at.5%to Centennial Bank of the West 900.00
Appraisal Fee to Centennial Bank of the West 21.00
Upfront Release to Centennial Bank of the West 13.00
Flood Determination Fee to National flood Research 2,323.00
Hazard Insurance Premium for 1 year(s)to Union Colony Insurance
ESCROW CHARGES 150.00
Escrow Fee to Security Title Guaranty Co.
TITLE CHARGES: 100.00
Lenders Policy$365,000.00 to Security Title Guaranty Co. 75.00
Tax Certificate(x3)to Security Title Guaranty Co. 75.00
Form 110.1 (Deletions)to Security Title Guaranty Co.
RECORDING FEES: 57.00
Recording Fees to Clerk and Recorder 69.75
State Tax Stamps to Clerk and Recorder �..
PROBATIONS AND ADJUSTMENTS:.
From 01/01/06 To 02/01/06
757.25 es County Bas d on the Annual amount of$8,916.00 339,414.45
1031 Exchange Funds
703,110.75 705,171.70
Sub Totals - - . 2,060.95
Refund Due Buyer- - • 705 171 70 705 171 70
Totals _
• 3 ( 4' 97) s00 •
,
. 01/0
iE.
D AND ACCEPT9
v
LP,a Colorado ld I. lity limited
it;'
eB•. e o nson/`G Partner Broker/Agent
Colorado Deferred Exchanges,Inc.,as Qualified
Intermediary for WAKE,LLLP
B / Security Title Gua ty Co./Closing Agrent
le ey edin eld, resi ant
- Page I
Printed 04/04/2006 at 3:12 PM
TO Weld County Board of Equalization
915 10th Street
Post Office Box 758
Greeley, CO 80632
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