HomeMy WebLinkAbout20072286.tiff RESOLUTION
RE: THE BOARD OF EQUALIZATION, 2007, WELD COUNTY, COLORADO- STIPULATE
PETITION OF:
AMERICAN FURNITURE WAREHOUSE CO
8820 AMERICAN WAY
ENGLEWOOD, CO 80112
DESCRIPTION OF PROPERTY: ACCOUNT#: R4490306 PARCEL#: 131311206001 - FIR
AFW1 L1 AMERICAN FURNITURE WAREHOUSE 1ST RPLT FIRESTONE 000000000
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 propertywithin Weld County,fixed and made bythe
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 $ 3,231,657 $ 3,499,993
Improvements OR
Personal Property 31,250,000 23,192,608
TOTAL $ 34,481,657 $ 26,692,601
WHEREAS,said Stipulation shall resolve all issues to have been determined by the Weld
County Board of Equalization.
2007-2286
AS0067
RE: BOE - AMERICAN FURNITURE WAREHOUSE CO, R4490306
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.
BOA OF COUNTY COMMISSIONERS
WEL OUNTY, COLO O
ATTEST; �Sitir David E. Long, Chair
Weld Cyou' erk to the Board
EXCUSED
%\b. William H. Jerke;PLo-Tem
uty Clerk to the Board
Willia nada
APPROVED AS TO FORM:
Robert D. Masden
Ass ant C my Attorney
ouglas ademacher
Date of signature: o$10rikg
2007-2286
AS0067
2007
COUNTY BOARD OF EQUALIZATION
WELD COUNTY
ASSESSOR'S ACCOUNT NUMBER R4490306
STIPULATION (As To Tax Year 2007 Actual Value)
RE PETITION OF :
NAME: AMERICAN FURNITURE WAREHOUSE CO
ADDRESS: 8820 American Way
L
Englewood, CO 80112
Petitioner(s), AMERICAN FURNITURE WAREHOUSE 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:
(Legal description) FIR AFWI L1 AMERICAN FURNITURE WAREHOUSE 1ST RPLT
2. The subject property is classified as Mega Warehouse
property.
3. The County Assessor originally assigned the following actual value to the subject
property for tax year 2007.
Land $ 3,231,657
Improvements $31,250,000
Total $34,481,657
4. After further review and negotiation, the petitioner(s) and Weld County Assessor
agree to the following actual value for the subject property.
Land $ 3,499,993
Improvements $23,192,608
Total $26,692,601
2007-2286
F
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 actual costs presented and change to meqa warehouse
classification.
7. Both parties agree that the hearing scheduled before the Weld County Board of
Equalization on August 8, 2007 at 3:45 PM be vacated; or, a hearing has not
yet been scheduled before the Board of Equalization (check if
appropriate).
AT 20 day of July, 2007. q /
t Cc i9* j m-t/c - �144erreAvi ?tiv`n w'�z e &IA/Ls e.
Petitioner(s) or A en E, Petitioner(s) or Attorney
Address: Address:
2O30O / 95-OA"
_rite(/' k?erk ,ry LYlVoi/
Telephone: "Pe 3S/ 3.S15 Telephone:
C5 �l
County Assessbr
Address:
1400 N.17th Avenue
Greeley, CO 80631
(970) 353-3845 ext. 3656
r •
NOTICE OF DENIAL OFFICE OF COUNTY ASSESSOR
1400 NORTH I7th AVE.
� / � FIR AFW1 Ll AMERICAN FURNITURE OREP845, 6
WAREHOUSE 1ST RPLT FIRESTONE PHONE(970)353-3845,EXT 3650
000000000 uA.-wAo.weld.co.us
OWNER: AMERICAN FURNITURE WAREHOUSE CO
COLORADO
AMERICAN FURNITURE WAREHOUSE CO LOG 2943
8820 AMERICAN WAY PARCEL 131311206001
L ACCOUNT R4490306
ENGLEWOOD, CO 80112 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):
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 assessor' s staff has requested information which is pertinent and critical
to proper evaluation of your property' s value . Because we have not received
this information, we have no choice but to deny any adjustments.
PETITIONER'S ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ESTIMATE
OF VALUE ACTUAL VALUE ACTUAL VALUE
PRIOR TO REVIEW AFTER REVIEW
�C.n C
V T LpN DL1J 1990197 1990197
C RC41FtL > 32491460 32491460
O--
-
V V,
C)
W f: Eli
y� C) Or
U o
0
rti
TOTALS $ $ 34481657 $ 34481657
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.
06/27/2007
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.
A1PnWneR10(11 PM titES
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
You wi I e non ied o the time and place set for the hearing of your appeal.COS rnaMaiet TA tOrsE
The County Board of Equalization must make a decision on your 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.
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 COUN'T'Y 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. Cosh 54i g"-{ s- C �/ l
Y o w�. U a?� 6903 6O/, Z
SEE-- L --
7077\ DREMTIT
DA IL
NOD 207 62 87/07
company, Inc.
REAL ESTATE TAX SERVICES
P O BOX 1750 CASTLE ROCK,CO 80104 720-351-3515 /FAX- 720-344-3498
SECTION 4:AGENCY AUTHORIZATION FORM
AUTHORIZATION TO APPEAR BEFORE THE tr! COUNTY ASSESSOR, CBOE,
CBOCC AND THE COLORADO BOARD OF ASSESSMENT APPEALS AND ALL COLORADO STATE
COURTS ON BEHALF OF THE OWNER OF RECORD OF REAL PROPERTY FOR VALUATION FOR
TAX YEAR 2007/2008 AND ALL PREVIOUS YEARS ALLOWED BY APPLICABLE COLORADO LAW.
Persons who own, control, or possess property valued by the County Assessor may each year designate an
agent to act on their behalf on any matter relating to the review of the valuation of the property before the
Assessor and/or the County BOE/BOCC or Colorado Board of Assessment Appeals.
• Further, the undersigned expressly revokes all previous authorizations relating to the Property and the
subject matters referenced herein. This authorization shall remain in effect until this authorization is
terminated in a written instrument executed by the undersigned.
• The undersigned further authorize TI-IE COMPANY INC. to appear as a witness at all formal or
informal hearings and to testify as to the valuation of the Property and to the accuracy of any factual
documentation submitted on my behalf in connection with the Property.
• Notices issued by the Assessor or Board of Equalization or Colorado Board of Assessment Appeals
relating to the review of valuation of that property shall be sent to the agent of record at
THE E COMPANY INC. P O BOX 1750 CASTLE ROCK,CO 80104
DESIGNATION MADE BY:(Time or Printi
1'( o e L, ✓1, '/�',
COMPANY NAME. 7 /..:2C1/
PRINT NAME OF PERSON OWNING,CONTROLLING OR POSSESSING PROPERTY OR CONTACT PERSON TITLE
I,THE UNDERSIGNED,HEREBY DESIGNATE'.THE ABOVE NAMED AGENT TO ACT ON MY DCI IALF IN ALL MA I I bRS
PERTAINING TO THE REVIEW AND APPEAL OF REAL AND/OR PERSONAL PROPERTY VALUATION AND
CLASSIFICATION WITH THE ASSESSOR OR THE BOARDS OF EQUALIZATION OR THE COLORADO BOARD OF
ASSESSMENT APPEALS.THIS AUTHORIZATION IS LIMITED TO THE PROPERTIES LISTED BELOW AND ON THE
ATTACHED CONT[NEIATION FORM(S)�
Signature of Person Owbing, 6Sntrolling,oo ossessing Property Date
ADDRESS: /b SSd ta.1e Scabs Et clot
SCHEDULE NUMBER: 1 313 I I (9..°Gob\ � d .,_ �
STATE OF ) 3 0,.O.... 0,'.,
)SS . o '
COUNTY OF ) 4 h �0" 'h
Sworn to ands scribed before me this / 2 day of !44/Fre�- E 4.19,i 1
hy 2 - 25-oeG ,[
Witness my hand and official seal.My Commission expires 1 Notarit I,j6'
',nnuuulll‘o.
AFW.pdf
Firestone Costs For AFW
ITEM COST
Building $ 20,615,820.71
Earthwork/roadwork $ 549,902.62
Landscape, erosion $ 108,677.44
Sitework $ 1,446,910.19
Water sewer $ 391,236.92
St varain water tap $ 80,060.00
Total building $ 23,192,607.88
Land I $ 3,499,993.24
Total $ 26,692,601.12
From: Bob Schwartz [mailto:bschwartz@afwonline.com]
Sent: Monday, June 25, 2007 4:13 PM
To: STEVE@THEECOMPANY.NET
the �jcompany, inc.
REAL ESTATE TAX SERVICES
P O BOX 1750 CASTLE ROCK, CO 80104
720-351-3515 / FAX- 720-344-3498
July 13, 2007
WELD COUNTY
BOARD OF EQUALIZATION
P O BOX 758
GREELEY, CO 80632
RE: ATTACHED 2007 NOTICE OF DETERMINATIONS
Please find the enclosed list as well as a copy of petitions for review before the County
Board of Equalization for 2007.
IWD-0005-07 IAM ERIC 1\FIiR\11LRF:WAREIIOESE/JACOB JABS I I0550JAKE JABS BLVD ,131311206001
Please call to schedule date and times for BOE hearings.
Thank you for your attention to this matter.
/
Stev . E ans
The Fi Company, Inc.
res CLERK TO THE BOARD
PHONE (970) 356-4000 EXT 4226
FAX: (970) 352-0242
VVEBSITE: www.co.weld.co.us.co.us
915 10TH STREET
' P.O. BOX 758
GREELEY, COLORADO 80632
C.
C9(i0DO
AMERICAN FURNITURE WAREHOUSE CO
8820 AMERICAN WAY
ENGLEWOOD CO 80112
Parcel No.: 131311206001 Account No.: R4490306
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of August 3, 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.
AMERICAN FURNITURE WAREHOUSE CO - R4490306
Page 2
Very truly yours,
BO
/
BARD OF EQUALIZATION
'at
Donald D. Warden
Clerk to the Board
cc: Christopher Woodruff, Assessor
THE E COMPANY, INC.
ATTN: STEVE EVANS
PO BOX 1750
CASTLE ROCK CO 80104
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