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HomeMy WebLinkAbout20072416.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 2007, WELD COUNTY, COLORADO - STIPULATE PETITION OF: SMITH ENERGY CORP 12706 SHILOH RD GREELEY, CO 80631 DESCRIPTION OF PROPERTY: ACCOUNT #: O2367203 PARCEL #: 147702000025 - LEASEHOLD INT SE4SE4/NE4SE4 2 1 63 SCHEID-COOKSEY#2 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 $ 116,731 $ 0 Improvements OR Personal Property 0 0 TOTAL $ 116,731 $ 0 WHEREAS,said Stipulation shall resolve all issues to have been determined by the Weld County Board of Equalization. 2007-2416 AS0067 RE: BOE - SMITH ENERGY CORP, O2367203 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 WEL OUNTY, COL DO ATTEST: L e^1 M≥L O1 FoC y David E. Long, Chair Weld County Clerk to the Board EXCUSED T Williamke P em �prk to the Board clirp ���"4 - . William F. Garcia mai • —ROV,I A$ TO FORM: VIA b n n (� b.. • \(�(, vim,/ ,, °. Robert D. Masden A a�6cu torneQ — Ass� tant C my Attorney c� ¢,Ma ouglas'Rademachjer Date of signature: 2007-2416 AS0067 • 2007 COUNTY BOARD OF EQUALIZATION WELD COUNTY ASSESSOR'S ACCOUNT NUMBER O2367203 STIPULATION (As To Tax Year 2007 Actual Value) RE PETITION OF : NAME: SMITH ENERGY CORP ADDRESS: 12706 SHILOH RD GREELEY CO 80631 Petitioner(s),SMITH ENERGY CORP 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 $ 102,140 m,, 731 Improvements$ 0 Total $ 102.140 li(e,�3j 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$ 0 Total $ 0 2007-2416 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 because we had their production valued on another account O6509586. Taxpayer had reported both wells Scheid-Cooksey #2 and Scheid-Cooksey #1 together instead of breaking out the production for each well on their declaration. 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. � (s) o�✓� Pe itioner(s) r A orney Petitioner(s) or Attorney Address:7-0h 5� Ed_ Ioh Address: G ,ate eti ('7) cP0&&/ Telephone: x4'70 33c9- Telephone:12,(2.County Asse sor /7 Address: 1400 N.17th Avenue Greeley, CO 80631 (970) 353-3845 ext. 3656 NOTICE OF DENIAL OFFICE OF COUNTY ASSESSOR 1400 NORTH 17th AVE. Aftir,H6 LEASEHOLD INT SE4SE4/NE4SE4 2 1 63 GREE 8063! \\I SCHEID-COOKSEY #2 PHONE(970)353-3545,845,EXEXT.3650 www.co.weld.co.us milkOWNER: SMITH ENERGY CORP COLOSMITH ENERGY CORP LOG 4217 12706 SHILOH RD PARCEL 147702000025 GREELEY, CO 80631 ACCOUNT O2367203 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): Oil and gas leaseholds and lands - The property is assessed at 87 . 5% of the gross value of the oil and/or gas sold or transported from the premises on primary production; secondary production is assessed at 75% . 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: No change has been made to the valuation of this property. Colorado law requires us to send this notice of denial for all properties on which we do not adjust the value . Production reported on NERF. PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE OF VALUE ACTUAL VALUE ACTUAL VALUE PRIOR TO REVIEW AFTER REVIEW PRI PROD ASD VAL 102140 102140 • TOTALS $ $ 102140 $ 102140 APPEAL DEADLINES: REAL PROPERTY—JULY 1 . PERSONAL PROPERTY—JULY 20. If you disagree with the Assessor's decision,you have the right to appe e 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 c oose to appea t 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 y+p�'� You wiL .e notified o e time and place set for the hearing of your appeal. ,O . Pee,- I A ATnoN x ET . A - 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. , s':, m Ft0ITHER. AL1S If you are not satis ied 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 docccuments as necessary. n�Ll /� ,1 / W !�i/--Q I l cl of �p Q LuatD Qo(,jDG C C. /' -mil TA 1 7.--J0 -0 7 S U E f10NER ppIE NOD 207 62 87/07 Hello