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HomeMy WebLinkAbout20052325.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 2005, WELD COUNTY, COLORADO - STIPULATE PETITION OF: SNKTW LLC PO BOX 679 FREDERICK, CO 80530 DESCRIPTION OF PROPERTY: ACCOUNT#: R7433398 PARCEL#: 131314301001 -FRE DCS LOT 1 DEL CAMINO SOUTH SITUS: 4001 SALAZAR WAY FREDERICK 805300000 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 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 $ 770,359 $ 770,359 Improvements OR Personal Property 7,250,000 6,549,641 TOTAL $ 8,020,359 $ 7,320,000 WHEREAS,said Stipulation shall resolve all issues to have been determined by the Weld County Board of Equalization. 2005-2325 AS0061 RE: BOE - SNKTW LLC, R7433398 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 LM "--- /-L„,„-- William H. Jerke, Chair EXCUSED M. J. Geile, Pro-Tem jjalerkt0theBoar l/ !Sy Clerk to the Board EXCUSED D 'd E. Long APPROVED AS TO FO • it Robe D. Masd n an ounty Attorney G enn Vaa Date of signature: O /07 2005-2325 AS0061 07/28/2005 _09_24_FAX_ DELOITTE DENVER Z002/003 2005 COUNTY BOARD OF EQUALIZATION WELD COUNTY ASSESSOR'S ACCOUNT NUMBER 7433398 STIPULATION (As To Tax Year 2005 Actual Value) RE PETITION OF • NAME: SNKTW LLC ADDRESS; P.O. Box 679 Frederick, Cob. 80530 C/O Mr. Matt Poling/Deloitte Property Tax Co. Petitioner(s),SNKTW LLC• 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: Lot 1 of Del Camino South/4001 Salazar Way I Frederick(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 $ 770.35R Improvements$7.250.000 • Total $ 8.020.359 4. After further review and negotiation,thepetitioner(s) and Weld County Assessor agree to the following actual value for the subject property. Land $ 77 0.359 Improvements$ S549.641 Total $ 7.320.000 2005-2325 • JUL-27-2605 11:31 96k P.02 07/28/2005 0824 FAH - DELOITTE DENVER Z003/003 4 5. The valuations, as established above, shall be binding only with respect to tax year 2005, • 6. Brief narrative as to why.the reduction was made: Value was adjusted -based upon the general market prices per so. ft. that were in place in the base period,additionally the income was considered as backup for the market. 7. Both parties agree that the hearing scheduled before the Weld County Board of Equalization on 8/05 at 9:30 am be vacagd; or, a hearing has not yet been scheduled before the Board of Equalization_x (check if appropriate). DATED this 27st day of July, 2005. S Petitioner(s) or Atto Petitioner(s) or Attorney Address: Address: aloi/krve l7 Sail Rim; Srux 4L SWatI,fn;.4 - gyp' CO &an Telephone! (3:17)-225-NW Telere: e 'Co ty sae r 7 c227-475"- • Address: • 1400 N.17th Avenue Greeley, CO 80831 (970) 353-3845 ext. 3856 • JUL-27-2005 11:31 96% P.03 07/07/05 12:00 FAX WELD ASSESSOR ld004 OFFICE OF COUNTY ASSESSOR NOTICE OF ADJUSTMENT 1400 NORTH 17th AVE. n � GRPFI EY,CO 80631 d. 0 FRE DCS LOT 1 DEL CAMINO SOUTH pH ONE(970)3533845, 3650 • SITUS : 4OO1 SALAZAR WAY FREDERICK www.co.wcldco.us 8O53OOOOO OWNER: SNKTW LLC COLORADO • SNKTW LLC LOG 3858 PO BOX 679 PARCEL 1313143O1OO1 ACCOUNT R7433398 FREDERICK, CO 8O53O YEAR - 2005 -,+' • The appraised value of property is based on the appropriate consideration of the approaches to value required by law. The Assesaot has determined that your property should be included in the following category(ics): 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,lire protection,and other special districts)hold budges 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: 1], After t additional o if nformation obtained,have provideduthrunthe appealWprocess because • • • PETITIONER'S • ASSESSOR'S VALUATION PROPERTY CLASSIFICATION • ESTIMATE • ACTUAL VALUE ACTUAL VALUE OF VALUE PRIOR TO REVIEW AFTER REVIEW COMMERCIAL • 832O359 8O2O359 • • • • TOTALS S $ AZ')n'• • $ flB2WQ7 G-8 APPEAL DEADLINES: REAL PROPERTY-JULY 15,PERSONAL PROPERTY-JULY 20. If yon 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.RS. Please see the back of this form for detailed Information on filing your appeal. By: Stanley F.Sessions O6/3O/2OO5 WELD COUNTY ASSESSOR DATE ADDITIONAL INFORMATION ON REVERSE SIDE m4O47,0] 07/07/05 12:01 FAX WELD ASSESSOR 18005 YOU WE 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 ON OR BEFORE I JULY 15 FOR REreserve yALrPROPERht to TY, AND JUp_eal, your LY 20 FOR PERSONALal Must be R POSTMARKED DELIVERED 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^B'Oi4RD:C)P'';) DUALIZA` LfJN'S:DETE 'MIN±iTION: 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'E4WI]T,S:FO.R 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. /64 0 000 As ,/ e///K ear e The property i 'v lued"in excess of fair mar et value based on the three approaches to value; cost, market and income approaches. In addition, the property is valued in excess of other similarly situated properties. Due to scheduling conflicts, we request that a hearing be scheduled after July 24, 2005. Mathew W. Polin July 15,,2005 DAM. • Ph207-Uit Sent, By: Bunzl Tax and Audit ; 314 872 8944; May-27-05 10:52AM; Page 2/2 LETTER OF AUTHORIZATION To Whom It May Concern: Property Owner Name: SNKTW TIC Hereby appoints and authorizes L)eloitte Tax, LIP as taxpayer's representative to represent our firm's property and all property controlled by our firm or any of its subsidiaries of partnerships cm all matters pertaining to the 2005 and 2006 ad valorem taxes. Until written notice of termination is issued, they have the right to file returns, examine records, obtain all tax statements, and discuss or appeal any tax assessments to the proper authorities when, in their opinion, the assessment does not constitute fair market value. In addition they have the right to file appeals to the appropriate jurisdiction,if authorized by law. By: �� Name: ff�Healy Title: VP-Tax Address: 11475 Olde Cabin Road,# 100 St.Louis,MO 63141 Phone Number: • 314-997-5959 • Property peso: Parcel Address Assessor State 131314301001 4001 Salazar Way Weld County CO Subscribed and sworn before me this a7`4 day of ,/)j ay epos . Notary Pdblic State of /17( County of My commission expires Q 02„7 4/000 O NOTARY SEAL d STEPHANIE Nstwy OT.L N GOUN7Y39OuR1 My Cornmisaian&pass:Jun 22,2006 PAGE 212 t RCVD AT 51271240511,30;59 AM)Central Daylight Timer SVR,USCHI001510 t DMS:2473181 t CSID,314 812 8944 t DURATION(mm'ss):00.54 CLERK TO THE BOARD rieSe PHONE (970) 356-4000 EXT 4217 FAX: (970) 352-0242 WEBSITE: www.co.weld.co.us ' 915 10TH STREET P.O. BOX 758 C_ GREELEY, COLORADO 80632 COLORADO July 20, 2005 SNKTW LLC PO BOX 679 FREDERICK CO 80530 Parcel No.: 131314301001 Account No.: R7433398 Dear Petitioner(s): The Weld County Board of Equalization has set a date of August 5, 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. SNKTW LLC - R7433398 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 114 Donald D. Warden Clerk to the Board cc: Stanley Sessions, Assessor DELOITTE & TOUCHE LLP 555 SEVENTEENTH STREET SUITE 3600 DENVER CO 802023942 Hello