The URL can be used to link to this page

Browse Search

Home My WebLink About20052239.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 2005, WELD COUNTY, COLORADO - DENY PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE PETITION OF: LUKAS FAMILY LMITED PARTNERSHIP 6550 GUNPARK DR BOULDER, CO 80301 DESCRIPTION OF PROPERTY: ACCOUNT#: R6905198 PARCEL#: 147106400052 - FTL LKS-A L1 LUKAS PARK 25 S GRAND AV FORT LUPTON 80621 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 2005, 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 2005, claiming that the property described in such petition was assessed too high, as more specifically stated in said petition, and WHEREAS, said petitioner not being present or represented, and WHEREAS,the Board has made its findings on the evidence,testimony and remonstrances and is now fully informed. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, acting as the Weld County Board of Equalization, that the evidence presented at the hearing clearly supported the value placed upon the Petitioner's property, after review by the Weld County Assessor. Such evidence indicated the value was reasonable, equitable, and derived according to the methodologies, percentages, figures and formulas dictated to the Weld County Assessor by law. The assessment and valuation of the Weld County Assessor shall be, and hereby is, affirmed as follows: ACTUAL VALUE AS DETERMINED BY ASSESSOR Land $ 177,683 Improvements OR Personal Property 450,000 TOTAL $ 627,683 2005-2239 AS0061 (IP S ,PE�' pFris o; RE: BOE - LUKAS FAMILY LMITED PARTNERSHIP PAGE 2 BE IT FURTHER RESOLVED that a denial of a petition, in whole or in part, by the Board of Equalization may be appealed by selecting one of the following three options; however,said appeal must be filed within 30 days of the denial: 1. Board of Assessment Appeals: You have the right to appeal the County Board of Equalization's(CBOE's)decision to the Board of Assessment Appeals (BAA). Such hearing is the final hearing at which testimony, exhibits, or any other evidence may be introduced. If the decision of the BAA is further appealed to the Court of Appeals, only the record created at the BAA hearing shall be the basis for the Court's decision. No new evidence can be introduced at the Court of Appeals. (Section 39-8-108(10), C.R.S.) Appeals to the BAA must be made on forms furnished by the BAA, and such appeals should be mailed or delivered within thirty (30) days of denial by the CBOE to: Board of Assessment Appeals 1313 Sherman Street, Room 315 Denver, CO 80203 Phone: 303-866-5880 Fees: A taxpayer representing himself is not charged for the first two appeals to the Board of Assessment Appeals; however, a taxpayer being represented by an agent or an attorney must submit a fee of$101.25 per appeal. OR 2. District Court: You have the right to appeal the CBOE's decision to the District Court of the county wherein your property is located. New testimony, exhibits or any other evidence may be introduced at the District Court hearing. For filing requirements, please contact your attorney or the Clerk of the District Court. Further appeal of the District Court's decision is made to the Court of Appeals for a review of the record. (Section 39-8-108(1), C.R.S.) OR 3. Binding Arbitration: You have the right to submit your case to arbitration. If you choose this option the arbitrator's decision is final and your right to appeal your current valuation ends. (Section 39-8-108.5, C.R.S.) Selecting the Arbitrator: In order to pursue arbitration, you must notify the CBOE of your intent. You and the CBOE select an arbitrator from the official list of qualified people. If you cannot agree on an arbitrator,the District Court of the county in which the property is located will make the selection. 2005-2239 AS0061 RE: BOE - LUKAS FAMILY LMITED PARTNERSHIP PAGE 3 Arbitration Hearing Procedure: Arbitration hearings are held within sixty days from the date the arbitrator is selected. Both you and the OBOE are entitled to participate. The hearings are informal. The arbitrator has the authority to issue subpoenas for witnesses, books, records, documents and other evidence. He also has the power to administer oaths, and all questions of law and fact shall be determined by him. The arbitration hearing may be confidential and closed to the public, upon mutual agreement. The arbitrator's written decision must be delivered to both parties personally or by registered mail within ten (10) days of the hearing. Such decision is final and not subject to review. Fees and Expenses: The arbitrator's fees and expenses are agreed upon by you and the OBOE. In the case of residential real property, such fees and expenses cannot exceed$150.00 per case. The arbitrator's fees and expenses, not including counsel fees, are to be paid as provided in the decision. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 4th day of August, A.D., 2005. Iss'mir� BOARD OF COUNTY COMMISSIONERS \,y / /J WELD COUNTY, COLORADO ss‘ /a% 11-1 ' 1861 I' �,4 ;�7; --•� William H. erke, Chair _a% ' .• 1 Clerk to the Board ,r. ?III s= off %."4O M. J. 'e,-Pro-Tem Deputy Clerk tmja e Board Da 'd E. Long APPR AS TO F ' \\ Robert D Masden ��Coouunty Attorney 4.f vAKA Cam(, Glenn Vaad Date of signature: OU/.VAS 2005-2239 AS0061 Weld County STANLEY F. SESSIONS COUNTY ASSESSOR CHRISTOPHER WOODRUFF, DEPUTY ASSESSOR APPRAISAL REPORT OF COMMERCIAL PROPERTY FOR County Board of Equalization LUKAS FAMILY LMITED PARTNERSHIP PETITIONER vs. WELD COUNTY ASSESSOR'S OFFICE RESPONDENT Parcel Number: 1471-06-4-00-052 Schedule Number: R6905198 Log Number: 3524 Date: 08/04/05 Time: 9:30 AM Board: CBOE PREPARED BY MIKE SAMPSON Signature Date ASSESSOR'S OFFICE STAFF APPRAISER ASSESSOR'S VALUE Improvements 450,000 Land 177,683 Total: $627,683 CBOE_COMM_010998 Page 1 SALIENT FACTS AND CONCLUSIONS Purpose of Appraisal To determine Market Value as of 1/1/05 based on an appraisal date of 6/30/04. Property Rights Appraised Unencumbered fee simple interest. Location 25 S GRAND AV FORT LUPTON Land Area 32,306 Square Feet Zoning Property Type Commercial 1— Fast Food Restaurant Year Built 1992 Year Remodeled Quality Good Class Wood Frame Number of Stories 1 Improvement Sq. Ft. 3,728 Basement Unfinished Sq. Ft. Basement Finished Sq. Ft. Mezzanine: Value Indications: Land $ 177,683 Cost Approach $ 689,667 Market Approach $ 745,600 Income Approach $ 668,500 Assessor's Value $ 627,683 CBOE_COMM_010998 Page 2 Subject Photo & Sketch jgeq�?gt �z mr x�x , _ ti � , r 1 , . 3 ti +4 • .. 1 .t• � .. t N . ' 96.0' Fast Food Restaurant Blt 1992 37.0' Class D Complete HVAC 41.0' 16'wh 3720.0 sq. ft. 52.0' 4.0' 44.0' 38 Sketch by Apex IV"' 3 COST APPROACH LAND VALUE Sales utilized to establish the value in the subject neighborhood are from 2003 and the first six months of 2004 for the 2005 assessment date. The comparative sales approach is the most reliable method of land valuation. Pursuant to 39-104-(10.2) (c) C. R. S., the Assessor may utilize sales from July 1999 through the June of 2004 to establish the proper value, if sufficient information is not available in the prior 18 months. Also, comparables outside the subject property area may be used. The Weld County Assessor has an established ongoing sales confirmation and validation program for property transactions used in developing value. The land size of the subject is 32,306 square feet. Comparable commercial land in the subject area is valued $5.50 per square foot. Parcel Number Sale Date Sale Price Land Size Per Acre Comparable 1 147105305002 07/22/02 $582,300 64,701 $9.00 Comparable 2 147105224005 05/10/00 $280,000 39,816 $7.03 Comparable 3 147105224007 07/01/03 $134,000 24,360 $5.50 ASSESSOR'S INDICATED SUBJECT LAND VALUE $ 177,683 CBOE_COMM_010998 Page 4 Fast Food Restaurant PARCEL NUMBER 147106400052 PROPERTY OWNER Lukas Family Limited Partnership ADRESS 25 S Grand Av CITY, STATE, ZIP Fort Lupton, Co DATE OF SURVEY 06/30/04 OCCUPANCY: Fast Food Restaurant NUMBER OF STORIES 1 AVERAGE STORY FLOOR AREA (SQ. FT.) 3,728 HEIGHT 16 CLASS: Class D YEAR BUILT 1992 COST RANK Good EFFECTIVE AGE 1995 HEATING AND COOLING Complete HVAC ESTIMATED LIFE 30 UNITS COST TOTAL RCN BASIC STRUCTURE COST 3,728 $152.26 $567,625 (1.079 perimeter, Current 1.02 1.06 local, & 1.085 height) EXTRAS: Conc. Slab 4,152 16,193 Asphalt 23,440 40,551 TOTAL RCN $624,369 LESS DEPRECIATION PHYSICAL 0.18 $112,386 FUNCTIONAL ECONOMICAL DEPRECIATED COST $511,983 ADD IN LAND VALUE $177,683 TOTAL VALUE $689,667 CBOE_COMM_0 10998 Page 5 COST APPROACH SUMMARY The Assessor is currently using Marshall and Swift cost tables for the cost approach of commercial properties in Weld County, which has been approved by the Division of Property Taxation to be utilized by Colorado Assessors. The structure has been classified properly utilizing the Marshall and Swift Valuation service and an appropriate value assigned. A land value has likewise been established through the utilization of vacant land sales of comparable properties. Improvement Value $511,983 Land Value 177,683 TOTAL VALUE BY THE COST APPROACH $689,667 CBOE_COMM_010998 Page 6 MARKET APPROACH SUMMARY Real Property for the tax year 2005 must be valued utilizing data for the period one and one-half years immediately prior to July 1, 2004. If comparable valuation data is not available from such one and one-half year period to adequately determine the level of value for a class of property, pursuant to 39-1-104 (10.2)(c) C.R.S., the Assessor may utilize sales five years prior to July 1, 2004 to establish the proper value. The Assessor has appropriately considered the Market Approach to value for the property on appeal. The Sales Comparison Approach was considered in developing a market value for the Subject. Sales used to establish a market value for the tax year 2005 are from January 1, 2003 through June 30, 2004. All sales have been confirmed and verified through transfer declarations as well as interviews with buyers, sellers or their representatives to the sale. All sales used are arm's length transactions, and considered to be the most comparable properties sold in relationship to the Subject property. Based upon investigation and analysis, it is the opinion of the appraisers that the value of $200.00 accurately reflects the market value of the subject property. VALUE AS INDICATED BY THE MARKET APPROACH $745,600 CBOE_COMM_010998 Page 7 COMPARATIVE SALES APPROACH Sale# Subject 1 2 3 4 Comments Vacant FF Rest. Domino's Burger King Blue Burger Parcel# 147106400052 080717301001 095902413005 080720203004 095902413004 Address 25 S Grand 101 12 St 3521 W 10 St 1281 Main St 3527 W 10 St Fort Lupton Windsor Greeley Windsor Greeley Grantor Deroo Finni FFCA OH IN HYUK Grantee L& E Foods ESSNBB LA Bota LLC Villano Sale Date 05/02/02 12/23/03 08/12/04 9/07/04 Sale Price $445,000 $235,000 $705,000 $415,000 Land Size 32,306 30,635 7,970 43,883 11,211 Bldg SF 3,728 2,074 1,280 3,240 1,898 Year Bit 1992 1986 1986 1999 1983 Use FF Restaurant FF Restaurant FF Restaurant FF Restaurant FF Restaurant Price/SF $168.36 $214.56 $183.59 $217.59 $210.74 Subject Value: $168.36 Comps Avg.: $206.62 Comps Median: $212.65 Comps Range: $183.59 - $217.59 Estimated Value per the Income Approach: $200.00 x 3,728 sq. ft. = $745,600 CBOE_COMM_010998 Page 8 iiil 303 * . ss3 auax lase ha � a ( xo 17 0 FIrSt Flap! / • .: P PW40St p0 213 x,3 ._ Lei C]' Suo RIOT 01' 01' 83' 290 COMPARABLE SALE #1 COUNTY: WELD ACCOUNT R1426486 PARCEL NUMBER: 080717301001 PRIMARY OCC: Fast Food Restaurant PERCENT: 100% SECONDARY OCC: PERCENT: THIRD OCC: PERCENT: ADDRESS: 101 12 ST WINDSOR RECEPT NUMBER: 2948885 SALE DATE: 05/02/2002 GRANTOR: DEROO BRAD B&CAROLYN G SALE PRICE: $445,000 GRANTEE: L&E FOODS INC ADJ SALE PRICE: YEAR BUILT: 1986 CLASS: D EFFECTIVE AGE: LAND/BLDG RATIO: 14.77 LAND SIZE(SF): 30,635 LAND VALUE: $122,540 BLDG SIZE(SF): 2,074 IMPS PRICE/SF: $155.48 WALL HEIGHT: 10 SALE PRICE/SF: $214.56 STORIES: 1 INTEREST RATE: BSMNT SIZE: DOWN PYMT: BSMNT FINISH: LOAN TERM(YRS): ZONING: POINTS PAID: QUALITY: Good COMMENTS: DAIRY QUEEN BUSINESS CLOSED DOWN BY SELLER, BUYER WILL CONVERT RESTAURANT TO TACO BELL. BUILDING HAS DRIVE-UP WINDOW ON WEST SIDE. CBOE_COMM_010998 Page 9 mo 90 . Peshians 81 @M In 4290091. • 051 906 12.9 o, smwnr • nwv • 220 240 S . ---- COMPARABLE SALE #2 COUNTY: WELD ACCOUNT R1897386 PARCEL NUMBER: 095902413005 PRIMARY OCC: Fast Food Restaurant PERCENT: 100% SECONDARY OCC: PERCENT: THIRD OCC: PERCENT: ADDRESS: 3521 W 10 ST GREELEY RECEPT NUMBER: 3140807 SALE DATE: 12/23/2003 GRANTOR: FINNI M SUZANNE SALE PRICE: $235,000 GRANTEE: ESNBB INC ADJ SALE PRICE: YEAR BUILT: 1986 CLASS: C EFFECTIVE AGE: LAND/BLDG RATIO: 6.23 LAND SIZE(SF): 7,970 LAND VALUE: $47,820 BLDG SIZE(SF): 1,280 IMPS PRICE/SF: $146.23 WALL HEIGHT: 12 SALE PRICE/SF: $183.59 STORIES: 1 INTEREST RATE: BSMNT SIZE: DOWN PYMT: BSMNT FINISH: LOAN TERM(YRS): ZONING: GRE CH POINTS PAID: QUALITY: Average COMMENTS: NO INSIDE DINING AREA, ONLY CARRY-OUT. CBOE_COMM 010998 Page 10 5 33} F `' �.S Our9erk,r4 Floor 3240 004 s1 °OC1453 4467 n 3 n vdrnen " "lxem P 6 ` arm L S189 log Frm 4`00' ((lin". 1 � sc e'2511 r445, COMPARABLE SALE #3 COUNTY: WELD ACCOUNT NUMBER: RI066496 PARCEL NUMBER: 080720203004 PRIMARY OCC: Fast Food Restaurant PERCENT: 100% SECONDARY OCC: PERCENT: THIRD OCC: PERCENT: ADDRESS: 1281 MAIN ST WINDSOR RECEPT NUMBER: 3213740 SALE DATE: 8/12/2004 GRANTOR: FFCA ACQUISITION CORP SALE PRICE: $705,000 GRANTEE: LA BOTA LLC ADJ SALE PRICE: $705,000 YEAR BUILT: 1999 CLASS: D EFFECTIVE AGE: LAND/BLDG RATIO: 13.54 LAND SIZE(SF): 43,883 LAND VALUE: $197.474 BLDG SIZE(SF): 3,240 IMPS PRICE/SF: $156.64 WALL HEIGHT: 14 SALE PRICE/SF: $217.59 STORIES: I INTEREST RATE: BSMNT SIZE: DOWN PYMT: BSMNT FINISH: LOAN TERM(YRS): ZONING: WIN GC POINTS PAID: QUALITY: Good COMMENTS: VACANT BUILDING-NO EQUIPMENT INCLUDED IN SALE. CBOE_COMM_010998 Page 11 , a • • no f•'• COMPARABLE SALE #4 COUNTY: WELD ACCOUNT NUMBER: R1897286 PARCEL NUMBER: 095902413004 PRIMARY OCC: Fast Food Restaurant PERCENT: 100% SECONDARY OCC: PERCENT: THIRD OCC: PERCENT: ADDRESS: 3527 W I0 ST GREELEY RECEPT NUMBER: 3216994 SALE DATE: 9/7/2004 GRANTOR: OH IN HYUK SALE PRICE: $415.000 GRANTEE: VILLANO THOMAS J& ADJ SALE PRICE: $400.000 YEAR BUILT: 1983 CLASS: D EFFECTIVE AGE: LAND/BLDG RATIO: 5.91 LAND SIZE(SF): 11,211 LAND VALUE: $67,266 BLDG SIZE(SF): 1,898 IMPS PRICE/SF: $175.30 WALL HEIGHT: 12 SALE PRICE/SF: $210.74 STORIES: 1 INTEREST RATE: BSMNT SIZE: DOWN PYMT: BSMNT FINISH: LOAN TERM(YRS): ZONING: GRE CH POINTS PAID: QUALITY: Average COMMENTS: SALE INCLUDED$15,000 OF PERSONAL PROPERTY RESTAURANT EQUIPMENT WHICH INCLUDED WALK-IN COOLER,FREEZER, HOBART MIXER,2 DEEP FRYERS AND PREP TABLE. CBOE_COMM_010998 Page 12 INCOME APPROACH SUMMARY The Weld County Assessor has appropriately considered the Income Approach to value for the Subject property on appeal. The Assessor has gathered income information from local commercial properties for the time frame of January 1, 2003 through June 30, 2004. This information, combined with statewide and industry-wide data, is used to determine typical income and expenses for various property types. In conclusion of the Income Approach, the Assessor has considered both groups of data and has put more emphasis on the local factors and data than the state and national data. This information was then applied to the subject property to arrive at an appropriate Income Approach Value. TOTAL INCOME VALUE FOR THE SUBJECT PROPERTY $668,500 CBOE_COMM 010998 Page 13 Market Income Worksheet Parcel : 147106400052 Name: Lukas Family Limited Partnership Address: 25 S Grand, Fort Lupton Bldg Sq Ft Use No of Units 3,728 Fast Food 1 Effective Tax Tax Rate Mill Rate Assm't Rate Rate 0.085889 0.29 0.02491 Avg Rent PSF Annual Annual Rent per Gross Area Rent PSF Month Income '% rte 5;12.'7 LessVacancy & Expenses Vacant 10°/0 $8,202 mgmt 3% $2,214 R/R 2% $1,476 4 Net Income/Overall Cap Rate = Property Value Property Value Per Sq Value Ft 1,3 v -F .r zst- y 1• rr Fs # Total Value CBOE_COMM010998 Page 14 Lease Comp's Net Comparable Bldg Year Income Per Sq Rentals Use Address Size Const'd Ft 3310 23 Av, Subway FF Rest. Evans 1,976 1995 $22.27 Carl Jr's FF Rest. 2555 11 Av, Grly 4,056 1968 $19.14 Wendy's FF Rest. 2333 8 Av, Grly 2,188 1995 $17.55 Wendy's FF Rest. 3267 10 St, Grly 2,846 1997 $29.52 Range of Rents $17.55 - $29.52 NNN Avg $22.12 Median $20.70 CBOE_COMM_010998 Page 15 CONCLUSION Real property for tax year 2005 must be valued utilizing the level of value for the period of one and one-half years immediately prior to July 1, 2004. Except that, if comparable valuation data is not available from such one-and one-half-year period to adequately determine the level of value of a class of property, the period of five years immediately prior to July 1, 2004 shall be utilized to determine the level of value. Said level of value shall be adjusted to the final day of the data gathering period. Changes occurring between base years are not to be accounted for until the following level of value is implemented, other than additions, change in use, detrimental acts of nature, damage due to fire, etc., or creation of a condominium, or any new regulations restricting or increasing the use of the land, or a combination thereof. (39-1-104(11)(b)(1)C. R .S.} The subject property has been classified as Commercial Property for assessment purposes. Commercial property value shall be determined by appropriate consideration of the Cost Approach, Market Approach, and Income Approach to value. {39-1-103(5)(a)C. R. S.} The Assessor has considered all three approaches to value for the subject parcel on appeal. FINAL RECONCILIATION After consideration of the cost, market and income approaches, it is the Weld County Assessor's opinion that the value of$627,683 , most accurately reflects the value of the subject property in Weld County for the 2005 tax year. COST APPROACH MARKET APPROACH INCOME APPROACH ASSESSOR'S $689,667 $745,600 $668,500 $ 627,683 ASSESSOR'S VALUE Improvements 450,000 Land 177,683 Total: $ 627,683 CBOE_COMM_010998 Page 16 APPRAISAL STANDARDS AND ETHICS CERTIFICATION I certify to the best of my knowledge and belief that: The statements of fact contained in this report are true and correct. The reported analyses, opinions and conclusions are limited only by the reported assumptions and limiting conditions and is my personal unbiased professional analyses, opinions and conclusions. I have no present or prospective interest in the property that is the subject of this report, and I have no personal interest or bias with respect to the parties involved. My compensation is not contingent on an action or event resulting from the opinion or conclusions in, or the use of, this report. My analyses, opinions and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice. No one provided significant professional assistance to the person signing this report. I have made a personal inspection of the property that is the subject of this report. Michael Sampson Senior Industrial / Review Appraiser Colorado Certified General CG01318543 Appraiser CEOE_COMM_010998 Page 17 07/12/05 08:49 FAX WELD ASSESSOR 005 • NOTICE OF DENIAL OPYTCE OP COUNTY ASSESSOR 1400 NORTH 17th AVE. FTL LKS-A Ll LUKAS PARK 25 S aREELEY.cosoG3l GRAND AV FORT LUPTON 80621 PHONE(970)353-3645,EXT.3650 r+, www.co.weldco.ua • VJIID OWNER: LUKAS FAMILY LMITED PARTNERSHIP COLORADO • LUKAS FAMILY LMITED PARTNERSHIP 6550 GUNPARK DR PARCEL 147106400052 BOULDER, CO 80301 ACCOUNT-R69G519i3 - • YEAR ; '2005, w t • The appraised value of property is based on the appropriate consideration of the approaches to value required by law. The Assessor 1113 determined that your property should be included in the following category(ies); Commercial property is valued by considering the cost; market, and income approaches . Jf your concern is the amount of your property tax,local taxing authorities(county,city,fire protection,and other special districts)bold budget bearings 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: We have reviewed your property value and feel it is correct . Law requires that all •of 2003 and the first 6 months of 2004 data be used to establish current values . We have considered all (3) three approaches to value in arriving at our current valuation. We have denied your appeal based upon our research of his data. • PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE - • OF VALUE ACTUAL VALUE ACTUAL VALUE PRIOR TO REVIEW AFTER REVIEW • COMMERCIAL 627683 627683 • • • • TOTALS $ $ 677GoR APPEAL DEADLINES: REAL PROPERTY—JULY 15,PERSONAL PROPERTY—JULY 20. If you disagree with the Assessor's decision,you have the right to appeal to the County Board of Equallzadon for further consideration. §39-8- 106(1)(a),C.R.S. Please see the back of this form for detailed information on filing your appeal By: StanleyF'. Sessions 06/30/2005 WELD COUNTY ASSESSOR DATE ADDITIONAL INFORMATION ON REVERSE SIDE 07/12/05 15:24 FAX WELD ASSESSOR fiij002/002 YOU HAVE THE RIGHT TO APPEAL THE ASSESSOR' S DECISION The County Board of Equalization will sit to hear appeals beginning July 1 and continuing through August 5 for real property (land and buildings) and personal property (furnishings, machinery, and equipment). § 39-8-104 and § 39- 8-107(2), C.R.S. APPEAL PROCEDURES: 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 15 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 NOTIFICATION OF HEARING: You will be notified of the time and place set for the hearing of your appeal. COUNTY BOARD OF EQUALIZATION'S DETERMINATION: 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 5. TAXPAYER RIGHTS FOR FURTHER 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): Contact the BAA at 1313 Sherman, Room 315,Denver, Colorado 80203, (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, you must file an appeal with the Board of Assessment Appeals by September 12. 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 L OF/A SPECIFIC DOLLAR� A� AMOUNT. Attach additional do/cu-meennts as necessary_�e. eiee &CJ t"7),evi-i 120 (/G1 /� e ,, ke- • I 46,6/Gc2? c/ • SwNA Lila pt 149n PAM 943/65- swap-va Ir:wa tree-en SO a Afros MUMS T-294 P.39a/0a7 Ftaa Lukas Family Ltd Parhuaehip et at Bridge&Associates 390 Union Blvd., Ste 33Q THORh7s Lakewood. CO 8O228 ALl T10N TO ApPRsu o Phenix 303473-7000 TH Fax 303-673-7050 . ti COUNTY ASSESSOR AND The 1 e I COUNTY BOARD OF EOUAL1ZA770N, THE COLORADO BOARD OF ASses APPes,Ls AND ALL COLORADO STATE COURTS, ON BEHALF OF Lukas F THE OWNER OF RECORD OF REAL PROPERTY, I, t Lu gyp j Pa �e/Sterling Parole m/y � kandeg property, r„e a ,..,y, ! /coated at HtrlrbK � (owner arrdtor agent)of the owner of real No_ s .Sae Exn10R A and d bed mere spacifiealy s . e •See A do e y the County Hrtd &Assoo.Qea, to represent my Mtwara and as appear on my state County Span of Equalization. the Colorado Board of es Assessment t county af nd a Colorado for far court ZOOS a , ich arise far ylmrom any matter(s)csmra/Nng the valuation a�on of me l rules and regulations of die abc -retr previeut cad entitiesyears at admired�'��Colorado law and the 1 fwther ammonia Bridge&Aaaodatas to a reimposed entitles and to testy a to appear a°a Property an at at e Ifor er Informal tactual d ot cu the aoove- submitnd on my behalf in connector'wilt the nitration Me Proyeiity and m the aezyttar:Y bran!'Taa+al oxumantatWn T71 and ..igneo requests that apples of all deciabns from the I County__ th mooed to: 6 County Board or Equal[ze(an, and the Colorado Board of Assessment Appeals, be e 3?0 CO Further. the uneereigned expressly revokes an matters referenced herein_This aulhoprevious effect until i relating to the lagoon and n me subject inatnment e�.vted by the undersigned. n$ remain In ur//far this atrD10r128ttG1 I,s laminated a pRrinR meted this: 2S day a• /nn: 2021 company: u G 5 '7 / . '' /> mss:•� �Ipl/3Sa; � ^l07 ' � aC1 STATE OF_ C/L�ra.xr/ ) By: Till\ COUNTY OF �nca� r )� a71ce" 2!J`�;/Cc7 v.c .4,/,..,./ ;)/t/e/ -• ._ ) Phene:3U3-fl/-O 300 Fatc3c33-f4 /per& sworn JO are subscribed before me on Shia: 5%_ day af:n.R r/ L zoos by a!' rer , tlydnesa my had and official spat. pay Commissfon**cos 3 - 3 -C: Notary Pubfr r/ • Address' �, ) ../..,,,' - :1 V`rrr ' --- mss ' P van/ eT.tq: ', s l,, ',y``O 05/25/2005 RED 11;45 (]'E/aE tso 14411 �aaa ii uGl - by Gotha 6416aaturala • 05/25/2005 WED 12:01 [TS/RS NO e4421 a 001 LUKAS FAMILY LTD EXH IB IT A RI. .. PARTNERSHIP ET •L « « Pro.e Address » >> < Schedule Nos .> « parcel Nos . >> << Coun >> 2998 W 104th Ave, Federal Heights R0121102 171917113005 Adams Lukas Family Ltd Partnership 666 E 104th Ave, Thornton R0118939 171915198001 Adams North Kendall Properties (BK#457) 599 Crossing Drive, Lafayette R0127039 Boulder Lukas Family Ltd Partnership (BK#11269) 4820 Sterling Drive, Boulder R0093069 Boulder Sterling Partnership 1770 28th Street, Boulder R0007042 Boulder Weiker Living Trust (BK 414) 1080 US Highway 287 R1141954 157526347003 Broomfield Lukas Family Ltd Partnership (BK#13910) 445 E Rainbow Boulevard, Salida R380705300183 Chaffee Lukas Family Ltd Partnership (BK#13451) 25 S Grand Avenue, Ft Lupton R6905198 147106400052 Weld Lukas Family Ltd Partnership (BK#7461) 1730 North Avenue, Grand Junction 2945-123-25-013 Mesa Lukas Family Ltd Partnership (BK#1267) 739 Horizon Drive, Grand Junction 2701-364-00-054 Mesa Lukas Family Ltd Partnership (BK#7443) 105 Plum Street (289 W Aspen), Fruita 2697-172-15-008 Mesa Lukas Family Ltd Partnership (BK#8394) 233 N 1st Street, Grand Junction 2945-154-04-001 Mesa Lukas Family Ltd Partnership (BK#2350) 2945-154-04-002 2945-154-04-003 2945-154-04-004 2945-154-04-005 CLERK TO THE BOARD PHONE (970)356-4000 EXT 4217 FAX: (970) 352-0242 WEBSITE: www.co.weld.co.us.co.us ' 915 10TH STREET P.O. BOX 758 C. GREELEY, COLORADO 80632 COLORADO July 19, 2005 LUKAS FAMILY LMITED PARTNERSHIP 6550 GUNPARK DR BOULDER CO 80301 Parcel No.: 147106400052 Account No.: R6905198 Dear Petitioner(s): The Weld County Board of Equalization has set a date of August 4, 2005, at or about the hour of 9:30 AM,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 5,2005, and mailed to you on or before August 12, 2005. 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 request it directly from the Assessor's Office by fax (970) 304-6433, or by calling (970) 353-3845. Upon receipt of your 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. a LUKAS FAMILY LMITED PARTNERSHIP - R6905198 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: Stanley Sessions, Assessor BRIDGE & ASSOCIATES 390 UNION BOULEVARD SUITE 330 LAKEWOOD CO 80228 Hello