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Home My WebLink About20052327.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 2005, WELD COUNTY, COLORADO - STIPULATE PETITION OF: STATE FARM MUTUAL AUTOMOBILE INSURANCE ONE STATE FARM PLAZA RE 027 BLOOMINGTON, IL 61710 DESCRIPTION OF PROPERTY: ACCOUNT#: R0296201 PARCEL#: 095711002008-GR PROM L4A PROMONTORY EXC BEG ON S R/W LN HWY 34 BUS RTE AT N-S C/L SEC TH SODW 649.96' N89D08'W 767.09' N45D30'E 428' N53D46'E 572.57' TO POB 1555 PROMONTORY CIR GREELEY 0 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 year2005,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 $ 3,020,886 $ 3,020,866 Improvements OR Personal Property 49,817,019 43,429,134 TOTAL $ 52,837,905 $ 46,450,000 WHEREAS,said Stipulation shall resolve all issues to have been determined by the Weld County Board of Equalization. 2005-2327 AS0061 n� c 4., ,off- o�ir�s— RE: BOE - STATE FARM MUTUAL AUTOMOBILE INSURANCE, R0296201 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 5th day of August, 2005. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ATTEST: Li/ � �� IE I1 A G �/� William H. Jerke, Chair Weld County Clerk to the yf� XCUSED M. J. Geile, Pro-Tem BY: C2O,/1'�z. KV k_ r �, Deputy Clerk to the Bodrd_ 'k,_ vt � EXCUSED • Da • E. Long` -,I APPRO AS TO F Robe . Masde jssistant'County Attorney Glenn Vaad ci)Date of signature: �'lo 2005-2327 AS0061 n7Jul. 21. 2005 4: 35PM WELD ASSESSOR No. 2060 P•_ 2D2 2005 COUNTY BOARD OF EQUALIZATION WELD COUNTY ASSESSOR'S ACCOUNT NUMBER R0296201 STIPULATION (As To Tax Year 2005 Actual Value) • RE PETITION OF NAME: State Farm Mutual Insurance ADDRESS: One State Farm Plaza Bloomington IL. 61710 Agency: Marvin Poet'do Joe Monzon • • • • • x • Petitioner(s),State Farm Insurance and the Weld County Assessor, hereby enter into this Stipulation regarding the tax year 2005 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: 1555 Promontory Cir. / Lot 4 A Promontory(Legal description) 2. The subject property Is classified as Commerciall property. (what type). 3. The County Assessor originally assigned the following actual value to the subject property for tax year 2005. Land $ 3,020,866 Improvements$ 49,817,019 Total $ 52.837.904 4. After further review and negotiation,the petitioner(s) and Weld County Assessor agree to the following actual value for the subject property. Land $ 3,020.866 Improvements$ 43,429,134 Total $ 46.450.000 2005-2327 o� Jul. 21. 2005 4: 35PM WELD ASSESSOR No. 2060 P. 5. The valuations, as established above, shall be binding only with respect to tax year 2005. 8. Brief narrative as to why the reduction was made: Value was reduced based upon the income approach and an aoor isal submitted by the clients agent. the size of the facility also affects the marketability of the subject. 7_ Both parties agree that the hearing scheduled before the Weld County Board of Equalization on §/§5 at 10:30am be , or, a hearing has not yet been scheduled before the Board of Equalization x (check if appropriate). DATED.this 21St day of July 2006 Pe ' one ) orD Attv,ney itasEntr Petitioner(s) or Attorney Address: 11144.5-r 341130 Address: 0r✓N�� c..c g ntOa 303.CI 1151+ Telephone: Te hone: u ssor Address: 1400 N.17th Avenue Greeley, CO 80631 (970) 353-3846 ext. 3656 07/07/05 11:47 FAX _ _ WELD ASSESSOR la006 • • OFFICE� NOTICE OF DENIAL OF COUNTY NORTH 17th ASSESSOR GR PROM L4A PROMONTORY EXC BEG ON GREELEY,COr 80631 50 4eikarn S R/W LN HwY 34 BUS RTE AT N—S C/L PHONE(970)]5www.c,E)rT.3650 SEC TH SODW 649 . 96' N89D08'W www.co,wcld-ca.us 767 . 09' N45D30'E 428' N53D46' E WLI'Dc 57257' TO POB 1555 PROMONTORY CIR GREELEY 0 �I.�R�pO OWNER: STATE FARM MUTUAL AUTOMOBILE INSURANCE ) 5f1 3iOS(CI STATE FARM MUTUAL AUTOMOBILE INSURANCE LOG 4439 ONE STATE FARM PLAZA RE 027 PARCEL 095711002008 ACCOUNT R0296201 BLOOMINGTON, IL 61710 YEAR . 2005 • 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 catcgory(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; • 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 COMMERCIAL 52837905 52837905 • TOTALS $ $ 9sy79nc $ 5233790;, APPEAL DEADLINES: REAL PROPERTY-JULY 15,PERSONAL PROPERTY-JULY 20. If you disagree with the Assessor's decision,you ban the right to appeal to the County Board of Equalization for further consideration. §39-S- 106(1)(a),C.R.S. Please see the back of this form for detailed information on fling your appeal. By: Stanley F. Sessions 06/30/2005 WELD COUNTY ASSESSOR DATE ADDITIONAL INFORMATION ON REVERSE SIDE PR-204w 07/07/05 11: 47 FAX WELD ASSESSOR tI007 • YOU HAVE THE RIGHT TO APPEAL flit ASSESSOR'S DECISION the County Board of Equalization will sit to hear appeals beginning July 1 and continuing through August 5 for real )roperty (land and buildings) and personal property (firmisbings, machinery, and equipment). § 39-8-104 and § 39- i-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 DN OR BEFORE JULY 1≤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 bearing of your appeal. COUNTY OALtI;'"'OF MT jAI ZATION''S:. 9 AI N: 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.F.OR':F'4IttTflRR:A.I'EEALS: 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; .UJ.EREFORE,WE RECOMMEND ALL CORRESPONDENCE BE MAILED WITH PROOF OF MAILING. • PETITION TO 1'liE 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 O?A SPECIFIC DOLLAR AMOUNT, Attach additional documents as necessary. �6 40/ D00, 00 0 ?Frdlieh . Th • Aip,zAtSt-c- i2-viovs P taw Do) , ( 303 ) 573 0975 JOSEPH D. MONZON MARVIN F. DOER & CO. 41017TH ST. SUITE 1730 • 1— (IV d5 ic.,NAlubtilyupyiERNeo 80202 DATE P&4U0-7007 res 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 20, 2005 STATE FARM MUTUAL AUTOMOBILE INSURANCE ONE STATE FARM PLAZA RE 027 BLOOMINGTON IL 61710 Parcel No.: 095711002008 Account No.: R0296201 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. STATE FARM MUTUAL AUTOMOBILE INSURANCE - R0296201 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 12 J/k/dal Donald D. Warden Clerk to the Board cc: Stanley Sessions, Assessor Hello