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Home My WebLink About20052261.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION,2005,WELD COUNTY,COLORADO-ADJUST VALUE IN PART PETITION OF: MT HOUSING LP LP C/O LIBERTY GROUP INC 600 SABLE OAKS DR SOUTH PORTLAND, ME 04106-3282 DESCRIPTION OF PROPERTY: ACCOUNT#: R5339186 PARCEL#: 130932404015 - FTL MS-TC1 NLY 645'TRACT C MOUNTVIEW SUB SITUS: 1105 MOUNTVIEW 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 Board of Equalization,that the evidence presented at the hearing supported, in part, the value placed upon the property by the petitioner. The assessment and valuation of the Weld County Assessor shall be, and hereby is, adjusted as follows: ACTUAL VALUE AS DETERMINED ADJUSTED BY ASSESSOR ACTUAL VALUE Land $ 446,898 $ 446,898 Improvements OR Personal Property 2,436,430 1,950,102 TOTAL $ 2,883,328 $ 2,397,000 2005-2261 AS0061 (110 : A5, Pn' OF-la-os', RE: BOE - MT HOUSING LP LP 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 thirty (30) days of this resolution: 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 Courts 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 fora 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. 2005-2261 AS0061 RE: BOE - MT HOUSING LP LP 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 5th day of August, A.D., 2005. BOARD OF COUNTY COMMISSIONERS E" WELD COUNTY, COLORADO 1861 ; �G L" -•' / !�G x " William H. Jerke, Chair O Lk, d ( ounty Clerk to the Board ® C4ir EXCUSED t�� ` / M. J. Geile, Pro-Tem 7. Deputy Clerk to the Board EXCUSED Day .E. Long APPROyE AS TO FO : n Q 1�^ D� • Robert D. Mil asden `'fir �Ssistent-County Attorney �� Gfi /14 Glenn Vaad< Date of signature: 2005-2261 AS0061 WELD COUNTY STANLEY F. SESSIONS COUNTY ASSESSOR CHRISTOPHER WOODRUFF, DEPUTY ASSESSOR APPRAISAL REPORT OF MULTI-FAMILY PROPERTY FOR County Board of Equalization MT HOUSING LP LP PETITIONER vs. WELD COUNTY ASSESSOR'S OFFICE RESPONDENT Parcel Number: 1309-32-4-04-015 Schedule Number R5339186 Log Number: 3865 Date: 08/05/05 Time: 10:30 Board: CBOE PREPARED BY MIKE SAMPSON Signature Date ASSESSOR'S OFFICE STAFF APPRAISER ASSESSOR'S VALUE Improvements 2,436,430 Land 446,898 Total: $2,883,328 Page 1 SALIENT FACTS AND CONCLUSION 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 1105 MOUNTVIEW AV , FORT LUPTON LAND AREA 204,296 PROPERTY TYPE Multiple Unit YEAR BUILT 1982 YEAR REMODELED 0 QUALITY Fair CONDITION Typical CONSTRUCTION Frame Hardboard DESIGN 2 STORY NUMBER OF UNITS 51 IMPROVEMENT SQ FT 48,539 (eight bldg's) BASEMENT UNFIN SQ FT BASEMENT FT FIN SQ AMENITIES INDICATED MARKET VALUE $2,397,000 Page 2 -4P I r. • 4 r' 1r =1 x r - ,alt "4 . Y .,C t' This subject property is located at 1105 MOUNTVIEW AV in the city of FORT LUPTON. The legal description of the property is FTL MS-TC1 NLY 645' TRACT C MOUNTVIEW SUB SITUS: 1105 MOUNTVIEW AV FORT LUPTON 80621. Utilities available to the site are typical for the area. The apartment complex has 51 units, is a 2 Story structure constructed in 1982. It has 48,539 square feet of finished area. The Assessor has classified the structure as a Frame Hardboard dwelling of Fair quality. Real property for the 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. A period of five years immediately prior to July 1, 2004 shall be utilized to determine the level of value if adequate data is not available from such one and one-half year period to adequately determine the level of value for a class of property. The Weld County Assessor has an established ongoing Sales Confirmation and Validation Program for property transactions used in developing values. The subject property has been classified as Residential for assessment purposes. Residential property value shall be determined by appropriate consideration of the Market Approach to Value {39- 1-103(5)(a), CRS}. The Assessor has considered the Market Approach to Value for the subject parcel. INDICATED MARKET VALUE Improvements $1,950,102 Land 446,898 Total: $2,397,000 Page 3 # & E a 2 § } \ { / ; / eA \ ; t � ) j 4 2 & _ en_ TI- _ E § ) ) ® 2 2 0 00 en O a. 0 k // ( N U) / r Cr) = N . E i Cra co cOco § ) \ 2 � \ 0 COO § C O ©03 / � / - 0- 5 5 rec. 2 Co % \ j \ _ z _ _ _ CO x CD I 0 0 en0 Co Nr Cl) z V) \ 0 \ \ \ ® 03 Ea o § _ o c = c o / 2 CO § f & ? G § f 0 oCt � � \ o ) ) ] § � ® ) a •- a ■ 22 '` J� © * j � \ \ ® 2 d \ \ \ \ \ ,- 3j § / 2 E 0 ! ® o § \ / \ / / \ _ / o so. 7i- ] ® ® 4t @ ) ® \ 2273 \ d \ re, r % { 0t003 .5 zt ,L 7) en ) CO _ � = 22xa J � Q3 en d - ci N \ 2 II } \ \ N \ j N /4t - CV en In ) . . . . . . . . . 1.444 nn " y wt . el l.v BLDG #9 BLDG #6 COMPARABLE SALE #1 COUNTY: WELD ACCOUNT NUMBER: R5339186 PARCEL NUMBER: 130932404015 PRIMARY OCC: Apartment w/4-8 Units PERCENT: 100% SECONDARY OCC: Apartment w/4-8 Units PERCENT: 100% THIRD OCC: Apartment w/4-8 Units PERCENT: 100% ADDRESS: 1105 MOUNTVIEW AV FORT LUPTON RECEPT NUMBER: 2974264 SALE DATE: 7/29/2002 GRANTOR: MEADOWS TOWNHOUSE COMPANY SALE PRICE: $2,700,000 GRANTEE: MT HOUSING LP LP ADJ SALE PRICE: $2,700,000 YEAR BUILT: 1982 CLASS: EFFECTIVE AGE: LAND/BLDG RATIO: 4.21 LAND SIZE(SF): 204,296 LAND VALUE: $255,370 BLDG SIZE (SF): 48,539 IMPS PRICE/SF: $50.36 WALL HEIGHT: SALE PRICE/SF: $55.62 STORIES: 2 INTEREST RATE: BSMNT SIZE: DOWN PYMT: $0 BSMNT FINISH: LOAN TERM(YRS): ZONING: POINTS PAID: QUALITY: Fair COMMENTS: SUBJECT IS A 9 UNIT RENT RESTRICTED APARTMENT COMPLEX. BLDG#1 HAS 6 UNITS; BLDG#2 HAS 6 UNITS; BLDG#3 HAS 6 UNITS; BLDG#4 HAS 8 UNITS; BLDG#5 HAS 6 UNITS; BLDG#6 HAS 4 UNITS; BLDG#7 HAS 4 UNITS; BLDG#8 HAS 6 UNITS; BLDG#9 HAS 5 UNITS,OFFICE,MEETING ROOM,AND LAUNDRY. THERE ARE 51 UNITS TOTAL. CBOE Res_Multi 010998 Page 5 fit N 1 17 COMPARABLE SALE #2 COUNTY: WELD ACCOUNT NUMBER: R1478486&R1478586 PARCEL NUMBER: 080720401003&004 PRIMARY OCC: Apartment w/9+Units PERCENT: 100% SECONDARY OCC: PERCENT: THIRD OCC: PERCENT: ADDRESS: 808&810 7TH ST,812&814 STONE MOUNTAIN CT WINDSOR RECEPT NUMBER: 2951503 SALE DATE: 5/10/2002 GRANTOR: HARRISON HOT SPRINGS SALE PRICE: $2,500,000 GRANTEE: WINDSOR STONEGATE LLC ADJ SALE PRICE: $2,458,000 YEAR BUILT: 1971 & 1973 CLASS: EFFECTIVE AGE: LAND/BLDG RATIO: 2.84 LAND SIZE (SF): 99,752 LAND VALUE: $249,380 BLDG SIZE(SF): 35,084 IMPS PRICE/SF: $62.95 WALL HEIGHT: SALE PRICE/SF: $70.06 STORIES: 2 INTEREST RATE: BSMNT SIZE: DOWN PYMT: BSMNT FINISH: LOAN TERM (YRS): ZONING: POINTS PAID: QUALITY: Average COMMENTS: FOUR TWO-STORY BUILDINGS WITH A TOTAL OF 52 UNITS,24 1-BED I-BATH,28 2-BED 1-BATH, LAUNDRY FACILITIES AND OUTDOOR SWIMMING POOL. ADJUSTED PURCHASE PRICE$42,000 FOR PERSONAL PROPERTY,$47,269 PER UNIT,TWO UNITS VACANT AT TIME OF SALE. CBOE_Res Multi 010998 Page 6 eor Building 12 e 2158 8 eo 12 Uri. I , -- cmc •?-7_,:a.------"' i 11I SI-. II F W ,Y I a CouCYN so a I' I rna e __ _ I . 1 II r�) a Building 11 U _ A UB R Units my u South Grand Avenue ..mearn COMPARABLE SALE #3 COUNTY: WELD ACCOUNT NUMBER: R6172986 PARCEL NUMBER: 147106400044 PRIMARY OCC: Apartment w/9+Units PERCENT: 100% SECONDARY OCC: Apartment w/9 +Units PERCENT: 100% THIRD OCC: Apartment w/4-8 Units PERCENT: 100% ADDRESS: 40 S GRAND AV FORT LUPTON RECEPT NUMBER: 3209504 SALE DATE: 8/11/2004 GRANTOR: LANCASTER VILLIAGE APARTMENTS SALE PRICE: $2,170,000 GRANTEE: KRISHER DONALD R(50%INT)& ADJ SALE PRICE: $2,150,000 YEAR BUILT: 1974 CLASS: EFFECTIVE AGE: LAND/BLDG RATIO: 2.92 LAND SIZE(SF): 58,080 LAND VALUE: $192,245 BLDG SIZE(SF): 19,897 IMPS PRICE/SF: $64.43 WALL HEIGHT: SALE PRICE/SF: $70.75 STORIES: I INTEREST RATE: BSMNT SIZE: 10,761 DOWN PYMT: BSMNT FINISH: 9,136 LOAN TERM (YRS): ZONING: POINTS PAID: QUALITY: Fair COMMENTS: CONFIRMED WITH BUYER.CAP RATE WAS APPROX 8.5%. LEASES PASS THROUGH WATER,SEWER,TRASH,GAS AND COMMON ELECTRICITY TO TENANTS BASED ON SF, UNITS HAVE INDIVIDUAL ELECTRICITY METERS. PERSONAL PROPERTY WAS APPLIANCES.95%OCCUPIED AT TIME OF SALE.3-STUDIOS;21 -I BED; 16 -2 BED,ALL I BATH:40 TOTAL UNITS IN 3 BUILDINGS.SALES PRICE/SF INCLUDES BASEMENTS. CBOE_Res_Mul[_010998 Page 7 r r • •a ) :> �,,.. sue.... . _ r COMPARABLE SALE #4 COUNTY: WELD ACCOUNT R1746386 PARCEL NUMBER: 095901317003 PRIMARY OCC: Apartment w/9+Units PERCENT: 100% SECONDARY OCC: PERCENT: THIRD OCC: PERCENT: ADDRESS: 3101THRU 3321 W 7 ST GREELEY RECEPT NUMBER: 3029890 SALE DATE: 01/31/2003 GRANTOR: GREELEY COLUMBINE APARTMENTS SALE PRICE: $4,100,000 GRANTEE: J&J ENTERPRSES PROP MNGMNT ADJ SALE PRICE: YEAR BUILT: 1972 CLASS: EFFECTIVE AGE: LAND/BLDG RATIO: 1.99 LAND SIZE (SF): 193,930 LAND VALUE: $709,784 BLDG SIZE(SF): 97,314 IMPS PRICE/SF: $34.84 WALL HEIGHT: SALE PRICE/SF: $42.13 STORIES: 3 INTEREST RATE: BSMNT SIZE: DOWN PYMT: $1,300,000 BSMNT FINISH: LOAN TERM(YRS): ZONING: GRE RH POINTS PAID: QUALITY: Average COMMENTS: NINE APARTMENT BUILDINGS WITH 96 2-BEDROOM 1-BATH & 12 3-BEDROOM 2-BATH FOR A TOTAL OF 108 UNITS.ALSO HAS OFFICE&LAUNDRY FACILITIES PLUS SWIMMING POOL. FIRST FLOOR SUB BASEMENT LEVEL. TWO BEDROOM RENT$575 THREE BEDROOM $685, GIM 5.39,$37,963 PER UNIT. CBOE_Res_Multi 010998 Page 8 y 1l2 pj 4tl bipgn n9mon 2f 9:1]AAA IBtl B131 l Bd911 81]3lPAr a4p %ps{A. ZII El n r- pP 14i I 9p ti of lN.l 5281s 1 gtl tA A. 363 S 470 1p tan 3p' 33 D — . SmMl,fpu!VYFte' COMPARABLE SALE #5 COUNTY: WELD ACCOUNT NUMBER: RI913686 PARCEL NUMBER: 095902421012 PRIMARY OCC: Apartment w/9+Units PERCENT: 100% SECONDARY OCC: Apartment w/9+Units PERCENT: 100% THIRD OCC: Apartment w/9+Units PERCENT: 100% ADDRESS: 823 37 AV GREELEY RECEPT NUMBER: 2843093 SALE DATE: 4/16/2001 GRANTOR: DDH COMPANY SALE PRICE: $1,405,000 GRANTEE: MEASNER JOHN&LINDA L ADJ SALE PRICE: $1,403,200 YEAR BUILT: 1973 CLASS: EFFECTIVE AGE: LAND/BLDG RATIO: 2.55 LAND SIZE(SF): 42,883 LAND VALUE: $150,091 BLDG SIZE(SF): 16,848 IMPS PRICE/SF: $74.37 WALL HEIGHT: SALE PRICE/SF: $83.28 STORIES: 2 INTEREST RATE: BSMNT SIZE: 8,424 DOWN PYMT: $0 BSMNT FINISH: 8,424 LOAN TERM(YRS): ZONING: GRE RH POINTS PAID: QUALITY: Average COMMENTS: P . STOVES&REFRIGERATORS GAO E_Res_Multi 010998 Page 9 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 CBOE_Res_Multi_010998 Page 10 NOTICE OF DENIAL OFFICE OF COUNTY ASSESSOR 1400 NORTH 17th� \ FTL NLY TU TRACT 115 C cREEL4Y,EXT.3651 :1471 MOUNTVIEW SUB SITUS : 1105 MOUNTVIEW PHONE(970)400 845. 17thAVE.VE. 650 AV FORT LUPTON 80621 www.co.weld.co.us WI ' C OWNER: MT HOUSING LP LP COLORADO • NADORI INFORMATION SERVICES INC LOG 3865 9520 S BELLMORE LANE PARCEL 130932404015 ACCOUNT R5339186 HIGHLANDS RANCH, CO 80126 YEAR 2005 Owner: MT HOUSING LP LP The appraised value of property is based on the appropriate consideration of the approaches to value required by law. The Assessor has4etennivcd that your property should be included in the following category(ies): • Residential property - The property is valued by the market approach to value. 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: • 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 tour 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 RESIDENTIAL 2883328 2883328 • • TOTALS S l i t) bS ('h"L $ 2883328 S2883328 APPEAL DEADLINES: REAL PROPERTY-JUL/Y 15,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. Please see the back of this form for detailed information on filing your appeal. By: Stanley F. Sessions 06/24/2005 WELD COUNTY ASSESSOR DATE ADDITIONAL INFORMATION ON REVERSE SIDE PR-207-87/03 YOU HAVE THE RIGHT TO APPEAL THE ASSESSOR' S DECISION The County Board of Equalization will sit to hear appeals beginning July I 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 OF A SPECIFIC DOLLAR AMOUNT. Attach additional documents as necessary. At DAIF / ! PR-207-87/03 Nadori Information Services, Inc. Consulting&Real Estate Services Eva Nadori Ronald E. Hambrick July 14, 2005 Weld County Board of Equalization 915 10th Street Greeley, CO 80632 Re: Schedule No. 130932404015 MT Housing LP Meadows Townhouse Apartments 1105 Mountain View Avenue Fort Lupton, Colorado 80621 To Whom It May Concern: Enclosed please find a petition to the Board of Equalization filed by Nadori Information Services, Inc. on behalf of MT Housing LP. If you have any questions, please call me at (303) 791-0100 . N'" Vy truly yours, Ronald E. H mbri k Enclosure 9520 South Bellmore Lane Highlands Ranch, CO 80126 Office: (303) 791-0100 Far (303) 791-3230 CLERK TO THE BOARD PHONE (970) 356-4000 EXT 4217 FAX: (970)352-0242 WEBSITE: www.co.weld.co.us.co.us I915 10TH STREET 111 P.O. BOX 758 C. GREELEY, COLORADO 80632 COLORADO July 20, 2005 MT HOUSING LP LP CIO LIBERTY GROUP INC 600 SABLE OAKS DR SOUTH PORTLAND ME 04106-3282 Parcel No.: 130932404015 Account No.: R5339186 Dear Petitioner(s): The Weld County Board of Equalization has set a date of August 5, 2005, at or about the hour of 10:30 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. MT HOUSING LP LP - R5339186 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 MLJV Donald D. Warden Clerk to the Board cc: Stanley Sessions, Assessor NADORI INFORMATION SERVICES INC 9520 S BELLMORE LANE HIGHLANDS RANCH CO 80126 Hello