The URL can be used to link to this page

Browse Search

Home My WebLink About20032622.tiff ASSOCIATED TAX APPRAISERS AD VALOREM TAX CONSULTANTS September 3, 2003 Board of Assessment Appeals Weld County Appraisal District 1313 Sherman St., Room 315 Denver, Co. 80203 RE: Account#: R3567386/096117407003 450 25th Street R3565386/096117404011 2400 N 5th Ave. To whom it may concern: This letter is to inform you that we are withdrawing the protest on the above referenced account for Morningstar Foods Inc. The hearing for Tax Year 2003 has not been scheduled. Respectfully, Associated Tax Appraisers Agent 4/42? 4?-zr-ilit49 P.O. Box 56561 Houston, TX 77256-6561 (713) 621-8383 FAX(713) 62' """ S° " q 2003-2622 -/O-D fir_', / - , n4(0rer PETITION TO STATE BOARD OF ASSESSMENT APPEALS For Office Use Date: 9I,210y�t3- r PETITIONER,M012,011,3g Stag, k qq0 pa L d „�-,.,,_ ne Docket Number ?Jame oferty Owner �(�Jl t ] �� N FEE VC). 60X SToblol I'- N, escas 1-7 257,2 Street Address,City,Zip Code of Subject Property n e check No ICredrt Card No. appeals the decision of the `y,.1„Q County Board of Equalization P F H County Name County Board of Commissioners _ Property Tax Administrator 71 3� (check one) which was dated /This appeal concerns: %/Valuation For tax year(s) 3 _ Refund/Abatement _ Exemption State Assessed (Check One) t'r- Q_ CONCERNING COUNTY SCHEDULE NUMBER(S): ti a 5 $/L,c2 Pa_ Q £bf f•7LINO)I If more than one schedule number is involved,please list on a separate page. TYPE OF PROPERTY: This property is currently classified by the County as: Commercial Residential (Check One) Agricultural _ Vacant Land Personal Other (Specify) ACTUAL VALUE: Actual value of subject property for year in question as set by the County$ '3#9-61j(p0 I believe the actual value of the subject property should be $ 311,3(O6 REPRESENTATION: Please check appropriate response(s) Petitioner will be present at the hearing Petitioner requests a telephone conference call _(Petitioner will call on scheduled date at time of hearing.) Petitioner will be represented by an agent %/or a Colorado Attorney ESTIMw, tEDAIME FOR PETITIONER TO PRESENT THE APPEAL x•-•F W=.,z ..f„F,,,e�2..Y.r.4„wvr w«ofan+�n w.av,�.>r�. -. MlnUteS Or, -:' Nofless ihan'3l)'mihtiYes' Board will allow'equal hme to Respondent. ATTACHMENTS: The following documents MUST BE ATTACHED to your appeal in order for the Board to accept filing. 1) The decision being appealed 2) Assessor's Notice of Denial OR Notice of Valuation 3) If an agent is filing or representing you a notarized letter of authorization will be needed from the Petitioner 4) Identify the names and last known addresses and telephone numbers of other parties "directly interested" in the petition including co-owners. cERTIFICATE,QF':'MAI LING:/14Copy to each person identified in attachment 4 above I certify to the Board of Assessment Appeals that I^hnav mailed or hand delivered ey>eC,k one complete copy of this appeal U)-+C)Cl County Board of Equalization �{ ^ P 1 to the _ County Board of Commissmnerc/C{ppl'D�Y(i U 1LIL.l.1��1, 1 9'1 .-103 Property e-shx oal be saator L� in t1 Colorado on 7 lour — LOCO'S/. City, (check one-should be the same as the n�/� Date decision being appealed) I\oN LAW__ 4D MJSGeta$vM-kfra15#11-6 (Circle One) gent or Attorney Petitioner's Signature P.G. `6ox 67067,f Mailin Address/t✓n,�• IS -172 Mailing Address City,State,Zip City,State,Zip Telephone: 1 I e 3 Telephone: BM-IIRev2p1 Daytime number,please AUG 1 12p03 RESOLUTION RE: THE BOARD OF EQUALIZATION, 2003, WELD COUNTY, COLORADO - DENY PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE AF PETITION OF: MORNINGSTAR FOODS INC c(> UGC C/O ASSOCIATED TAX APPRAISSERS 05 FO P O BOX 56561 'le C% HOUSTON, TX 77256-6561 4 DESCRIPTION OF PROPERTY: ACCOUNT#: R3565386 PARCEL #: 096117404011 - GR 12560-L L6-7-8 BLK2 GREELEY IND SUB %2400 5 AVE% SITUS: 2400.5 AV GREELEY 80631 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 2003,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 2003, claiming that the property described in such petition was assessed too high, as more specifically stated in said petition, and WHEREAS, said petitioner being represented by Ron Little, Associated Tax Appraisers, 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: 2003-2105 AS0055 RE: BOE - MORNINGSTAR FOODS INC - PAGE 2 ACTUAL VALUE AS DETERMINED BY ASSESSOR Land $ 72,000 Improvements OR Personal Property 251,360 TOTAL $ 323,360 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 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 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.) 2003-2105 AS0055 RE: BOE - MORNINGSTAR FOODS INC PAGE 3 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. - Arbitration Hearing Procedure: Arbitration hearings are held within sixty days from the date the arbitrator is selected. Both you and the CBOE 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 CBOE. In the case of residential real property, such fees and expenses cannot exceed $150.00 per case. The arbitrator's fees and expenses, not including counsel fees, are to be paid as provided in the decision. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 24th day of July, A.D., 2003. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO a audit EXCUSED L DavigtChair nt �k to the Board 49. MI '1861 I Robert D. Mas , Pro-Tem Perk to the Board o - / v M. J. G ile APPROVED AS TO FORM: Ci 73` 12( William H. Jerke As tant C my Attorney glif ,,rc GGnnnn Vaal Date of signature: i--V 2003-2105 AS0055 07/01/2003 12:58 713-621-24os ASSOC TAX APPRAISERS PAGE 05 NOTICE OF DENIAL OFFICE OFcouNTYASSESsQR • 1400 NORTH 17th AVE. GR 12560-L L6-7-8 BLK2 GREELEY IND • GREELEY,CO 80631 it&t 4 SUB *2400 5 AVER SITU$ : 2400 5 AV PHO,,.._NE(970)353-3843,EXT.3650 , GREELEY 80631 WILRG .) r , _ OWNER: MORNINGSTAR FOODS INC COLORADO M RNINGSTAR FOODS INC LOG 1253 P 0 BOX 056561D TAX APPRAISSERS RE CeIV�D PARACCOUNT 83565386L 4011 HOUSTON, TX 77256-6561 JULEAR 2003 L ü 1 2003 , 4T4 • 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(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,fire protection,And other special districts) hold budget hearings in the fall. Please refer to your tax hill or aak 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 arc: A 1982 Colorado constitutional change requiresYcommercial .property to be valued based on actual value and assessed at 29 ' Replacement coat, market, and income are approaches used to determine the actual value of your property. Your valuation is supported by the appraisal procedures required by law. t . PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE . OF VALUE • ACTUAL VALUE •ACTUAL VALUE PRIOR TO REVIEW 'AFTER REVIEW • COMMERCIAL • I H, 323360 . 323360 • • • TOTALS $ S 323360 $ 323360 APPEAL DEADLINES: REAL PROPERTY—JULY 13,PERSONAL PROPERTY—JULY 21. If you disagree with the Assessor's decision,you have the right to appeal to the County Board of gquatlzation for further consideration,39-8- 106(1)(s),C.R.S. Please see the back of this form for detailed Information on filing your appeal. By: Stanley F,Sessions 06/26/2003 WELD COUNTY ASSESSOR DATE 15-DPT-AR Form PR-207-$1.03 • ADDITIONAL INFORMATION ON REVERSE SIDE 05/07/2003 12: 49 713-621-2485 ASSOC TAX APPRAISERS ;2.00'-c 1�..' PAGE 02 ? 4B • . 0 NOaO1 t ON Avenue334° R CEIVED i. E.Sessions LEGAL DECR}P!TON ir. 624od' • ag e l ae nor M 1 9 2003 OR 12560 L 1.6.7-6 BLX1 GREELEY BID SUB' eeley, 8%31 Yd4005AVB%SINS:24005 AV GRBERE OEIVED ATe 0631 Date: S/O1N3. F11/Y Nnr o 3't AONATEs:•asolro3 6a 3 �.. H . 1400N 17th Avow ' 11..��oAMNGST�R FOODS 1J4C ATA it.PfigRai: (4 ))3046433 x-3650.. • °Ar nyGO ASSOCIATED TAX APPRAISSERS . A • ) 4 ?fin., POBOX 36561 .n. HOUSTON TX 77245:6561 • TAX YE 7003 . Ai[� }y�� 0600 . ACC J4�+, 0961174090 6 O: 83563386 • CLA9SRFICATION ACTUAL V ALUE.., A�:113- AL YAALUE EsIEMASLt"_ COMMERCIAL . ' ' -.•;311360 . . 323360 12000 t..,' . . . . =- a.Cl,3t° TOTAL 311360. 323360 • 12000 ----__ Parcel#096lt7404011 ,.,•>° •. . '' " -Account#R3363336 ' To appeal by mail,list your name,address,and phone#below,detach the lower portion of this notice and mail in'accordanoo with inettlidtions on the reverse side to: Name: �'bXU^.tkasl.j P.'` iPyQQa\`_x.E Weld County Assessor Address T,0.Pr:x.5ff Sts% 1400 N. 17th Avenue /7iz%Str'N,Tk I"7d-5z% • Greeley,CO 80631 Phone: 113-Coff I-£P:".3f-2 An.assessment percentage will be applied to the actual value of your property before taxes are calculated. The assessment percentage for residences is/was projected to be g.04 °�a• Generally, all other property,including vacant land,is assessed at 29%of actual value(39-1.104(1)and (1.5),C.R_S.),and Section 3 Or Article X of the Colorado Constitution. A change in the projected residential assessment percentage is not grounds for an appeal of value or abatement of tares.(39-5-121(1),C.R,S.) Your property was valued as itexisted on January 1 of the current year,i The "current year actual value" represents the actual value of your property as ofthe appraisal date. The appraisal date is June 30, 2002: The tax notlee yoti'rbceiVenezt January will be based on that value. If the senior citizen'praperty tax r≤xemptlon has been applied to your propert9,it is not reflected in the value Shown above,but it will be reflected in the taxes due on your January tax bill. The value on this notice is the full actual value.Appraisal data used to establish value were gathered from the 18 month period ending June!0,2002. If data is insufficient during this time period,assessors may use data from the five-year period ending June 30,2002. Data should be gathered in six month intervals going back from June 30,2002, until sufficient data is gathered. - . The following propertycharacteristics were used to estimate your property value: . .00CUPANCY! - Storage Warehouse . TOTAL COMMERCIAL SQR FOOTAGE. 19460 • YEAR BUILT _ 1974 . CLASS Metal Frame TOTAL BUILDING COUNT I R • ECEi Please Date/File Stamp & Return • MAY 1 3 2003 this copy in the enclosed envelope. . Thank You WELD COUNTY ASSESSOR GREELEY, COLORADO .. • • 'The square footage listed is the total exterior square footage and may include other structures on the property, 05/07/2003 12: 49 713-621-2485 ASSOC TAX APPRAISERS PAGE 03 YOU HAVE THE RIGHT TO APPEAL YOUR REAL PROPERTY VALUE OR ITS.CLASSIFICATION APPEAL PROCEDURES APPEAL BY MAIL:: ,If you choose to mail a written appeal,you may elect to complete the appeal portion of this form,detach-it,and mail or FAX it to the Assessor at the address listed on this Notice.of+Valuations; your mailed a e muac.ppiplMmarked`oo+later thin Jude To preserve your right td appeal, PP p� Qp��lj��EE D TO PROVE YOU HAVE FILED A TTIMELY APPEAL;THEREFORE,WE RECOMMEND A:LL'CORRESPONDENCE BE MAILED WITH PROOF OF MAILING... •:a.l APPEAL IN PE1LSON: 'If you`choosc'to'appcal your valuation in persopothlatie call the Assessor's Office at (970)353-3845 cxt.3657 to make an appointment fo meet with an a pratieriPlease bring all materials you wish considered to the appointment. To preserve your right to appeal,you must appear iarthe eOUnty assessors office on or before July 2. • ASSESSOR'S DETERMINATION:The Assessor must make a decision on your appeal and mail a Notice of Determination to you bythe last regular working day in June. APPEALING THE ASSESSOR'S DECISION:If you are not satisfied with the Assessor's determination,or if you do not receive a Notice of Determination from the Assessor,you mull file a writtenappeai with the County Board of Equalization on.or before July 15. y + ,, %'+'; i AFTER THESE DATES,YOUR RIGHT W.PROTEST t5 LOST. y _ REAL PROPERTY APPEAL FORM YOU MAY ELECT P COMPLETE OR CLASSIFICATIONTHE TO APPEAL YOUR ROERTY VALUATION Completing the Real Property Questionnaire which follows will help you detemtine an estimate of value for your property,which can be compared to the value determined by the Assessor. Colorado law requires application of the market approach to value for residential properties (includes apartments) and consideration of the cost, market,and income approaches to value for vacant land;cgtngie.mat,.andi4d&trial p.rcp . . ,. - _.—._____—_____— REAL PROPERTY QUESTIONNAIRE ATTACH ADDITIONAL DOCUMENTS AS NECESSARY MARKET APPROACH:This approach to value uses sales.from the appropriate time period to determine the actual value of your property. The following items, if known, will help you estimate the market value of your property. I If available,attach a copy of any appraisal or written estimate of value. .'. +,. Have similar properties in your immediate neighborhood sold? • ,d ...,,• T: ; I..,I'-•, ,:.SE GPRICE PATE SOLD - PROPERTY ADDRESS ' ' " LF�}`I • . .. .n. nil _ .... • w . Lose,: The Coat and Income.ApproachcsareusedforNon-Residential•propertieLonly. i�'�.::',t�,':It COST APPROACH: This approach u scs replacement cost new,•.l Ass d epreciatign a pd:isb egt.when the structures are new or less than 5,yrs old. If the structure is loss than.S yrs old please,apswor,the,(ollowing: Type of Structure Cost to construct.pew - Have changes been made since construction. Please describe them • Type chap yP change Type ofchange• ... Type of change Cost_ INCOME APPROACH: This approach uses net income from ope atidn'of'a'property which was rdnted or leased the previous year and converts the net income into actual market value. Please attach operating statements showing income and expenses related to operation of the buildings only. These statements should reflect the past 3 years of operation if possible. Also show rents of comparable properties ffyothave.that tnformation available . If you have an appraisal showing the income approach which was done in the past 2 years,plcase•attach cc , Based upon the information shown above please give your estimate of the true market vnlui ofyoufproper'as of June 30,2002 S DOCUMENTATION-REASON FOR REQUESTING A REVIEW: Verification: l th tn. +:'•. tate the information and facts contained herein to be true to the best of my knowledge reg. 'ep .pe v. Signature: ' Owner/Agent Date: Address: Daytime Phone N:( ) • ..i. ,w b.,,.._ •. : ip7 tG?.a f IA,n)bth Yi)n , �. • • eas �r- Southern • Foods Group LETTER OF AUTHORIZATION I, Patrick K. Ford, have been given authority by the property owner to authorize Associated Tax Appraisers, P.O. Box 56561, Houston, TX 77256 to act on my behalf before the: STATE of COLORADO COUNTY of WELD on all tax and valuation matters concerning the following property: €And any other real and4or personal property listed under the below owner name.) Owner Name: SOUTHERN FOODS GROUP LP Assessor's Parcel ID #: R3567386 & R3565386 Property Address: 450 25 St & 2400 5 Ave Greeley, CO Greeley, CO I further authorize Associated Tax Appraisers to receive all communication from the assessor's office of all appointments and decisions. (e.g. Appraisal Notices, Appraisal Review Board Orders, Hearing Notices, Tax Bills, and Collection Notices .) SOUTHERN FOODS GROUP ?O_4-LiLD p SIGNATURE Patrick K. Ford, Chief Financial Officer PRINTED NAME AND TITLE DATE 3114 South Haskell, Dallas,Texas 75223 214/824-8163 Ronald P. Little c/o Associated Tax Appraisers P.O. Box 56561 Houston, Texas 77256— 713- S383 Eddie Tollison —Southern Foods c/o Associated Tax Appraisers P.O. Box 56561 Houston, Texas 77256 - fl i 3- foal-9383 " PETITION TO STATE BOARD OF ASSESSMENT APPEALS For Office Use Date: C-{I4o3 PETITIONER, fatre- Y Al FEE 'o! Docket Number `{Nameof Property Owner C O SC Q.G. '3o)X 4775To F rte_lea) 1 e xa --s 7'.577 Street Address.City,Zip Code of Subject Property Check No/credit Card No. appeals the decision of the LA,XQQ09,. V County Board of Equalization P F H County Name _ County Board of Commissioners - _ Property Tax Administrator '--1/,2)1 (check one) which was dated This appeal concerns: Valuation For tax year(s) c2a, 3 _ Refund/Abatement Exemption _ State Assessed (Check One) CONCERNING COUNTY SCHEDULE NUMBER(S): R S56 I �°Antj 02 9vIcQO##Ogb1I7t37et 3 If more than one schedule number is nvolved,please list on a separate page. TYPE OF PROPERTY: This property is currently classified by the County as: V Commercial Residential (Check One) _ Agricultural _ Vacant Land _ Personal Other (Specify) ACTUAL VALUE: Actual value of subject property for year in question as set by the County$ I f bla f -2,08 • I believe the actual value of the subject property should be $ 1,558.122/7 REPRESENTATION: Please check appropriate response(s) Petitioner will be present at the hearing Petitioner requests a telephone conference call _(Petitioner will call on scheduled date at time of hearing.) Petitioner will be represented by an agent ✓or a Colorado Attorney L Minutes of ES IT I TED TIME FO;R PETITIONER TO PRESENT T.HE APPEA ka....irt. r..,...s:., ,.i , Hours Not less than 30"mtnntites.'Board will allow equal time to Respondent. ATTACHMENTS: The following documents MUST BE ATTACHED to your appeal in order for the Board to accept tiling 1) The decision being appealed 2) Assessors Notice of Denial OR Notice of Valuation 3) If an agent is filing or representing you a notarized letter of authorization will be needed from the Petitioner 4) Identify the names and last known addresses and telephone numbers of other parties "directly interested" in the petition including co-owners. ERTIFIGATE ,MAILING „ki Copy to each person identified in attachment 4 above I certify to the Board of Assessment Appeals that� I havm mailed or hand delivered / �t�Uk- one complete copy of this appeal ,RQcr — county Board of Equalization P to the _ County Board of Commissioner j {�pl't�7(�{r(f ounty Property Tax Administrator IjC'�JQ.frV_U` in , Colorado on Q/t3I 03 Ci (check one-should be the same as the ate decision being appealed) Qo&n�.�kt, P.L��}le 01n x p eobot bt e V(Circle One) or Attorney Petitioner's Signature Po. ►bac 5bs-to Mailing Address Mailing Address rteilayv City,State,Zip City,State,Zip Telephone: 713- Lo I-0 8/3 Telephone: eM-,mevo , Daytime number,please I REr. 'EVE® AUG p 5 2003 AUG 1 1 2003 RESOLUTION' prq • RE: THE BOARD OF EQUALIZATION, 2003, WELD COUNTY, COLORADO - DENY PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE PETITION OF: MORNINGSTAR FOODS INC 0/O ASSOCIATED TAX APPRAISSERS P O BOX 56561 HOUSTON, TX 77256-6561 DESCRIPTION OF PROPERTY: ACCOUNT#: R3567386 PARCEL#: 096117407003 - GR 12483-B ALL BLK3 GREELEY INDUSTRIAL SUB %450 25 ST% SITUS: 450 25 ST GREELEY 80631 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 2003, 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 2003, claiming that the property described in such petition was assessed too high, as more specifically stated in said petition, and WHEREAS, said petitioner being represented by Ron Little, Associated Tax Appraisers, 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: 2003-2107 AS0055 RE: BOE - MORNINGSTAR FOODS INC PAGE 2 ACTUAL VALUE AS DETERMINED BY ASSESSOR Land $ 239,751 Improvements OR Personal Property 1,432,557 TOTAL $ 1,672,308 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 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 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.) 2003-2107 AS0055 4 RE: BOE - MORNINGSTAR FOODS INC - - PAGE 3 Selecting the Arbitrator: In order to pursue arbitration, you must notify the OBOE of your intent. You and the OBOE 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. Arbitration Hearing Procedure: Arbitration hearings are held within sixty days from the date the arbitrator is selected. Both you and the CBOE 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 CBOE. 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 24th day of July, A.D., 2003. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO _!gas ' - 141111-4EXCUSED '%.. � :rk to the Board Davi o ig, Chair 1861 II/ i' l�\ ILL �r Robert D. Ma n, Pro-Tem .� clerk to the Board ACoe_J M. J. ile APPROVED AS TO FORM: T-1. 'Y/-- William H. Jerke t ___21hiskm._ ,,a_.cl A tant nty Attorney v Glenn Vaad Date of signature: ___yCL3L_ 2003-2107 AS0055 O7/O1/2OO3 12: 58 713-621-2485 ASSOC TAX APPRAISERS PAGE 03 NOTICE OF DENIAL • OFFICE OP COUNTY ASSESSOR • 1400 NORTH 17th AVE. 6 ' 6 GR 12483-B ALL BLK3 GREELEY • GREELEY,CO 80631 INDUSTRIAL SUB %450 25 ST% SITUS: PHONE(970)353.3845, T.3650, 450 25 ST GREELEY 80631 EX WI ' • OWNER: MORNINGSTAR FOODS INC RADO MORNINGSTAR FOODS INC • LOG 1251 C/O ASSOCIATED TAX APPRAISSERS PARCEL O961174O7OO3 P 0 BOX 56561 ACCOUNT R3567386 HOUSTON, TX 77256-6561 RFC /V • a YEAR 2003 JUL • ara , 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): 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 spittle]districts)hold budget hearings in the fall. Please refer to your tax bill or ask your Assessor far 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 speeifics included on your protest, and has determined the valuation(s)assigned to your property. The reasons for this determination of value arc: A 1982 Colorado constitutional dhange requires commercial property to be valued based on actual value and assessed at 291. Replacement cost, market, and income are approaches used to determine the actual value of your property. Your valuation is supported by the appraisal procedures required by law. • • PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE • OF VALUE ACTUAL VALUE ACTUAL VALUE PRIOR TO REVIEW • AFTER REVIEW • COMMERCIAL 239751 .239751 INDUSTRIAL • 1432557 • 1432557 • • • • TOTALS $ $ 1672308 S 1672308 APPEAL DEADLINES: REAL PROPERTY-JULY 15,PERSONAL PROPERTY-JULY 21. 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 sat the back of this form for detailed information on filing your appeal. By: Stanley F.Sessions 06/26/2003 WELD COUNTY ASSESSOR DATE 15-DPT-AR Form PR-207-8743 ADDITIONAL INFORMATION ON REVERSE SIDE 05/07/2003 12: 49 713-621-2485 ASSOC TAX APPRAISERS PAGE 04 d Z7—" Dit1 C-- .. NO' g�IO Vpp�gpgp�Ty�ON . 3061 3' Is ot.a Tax Bltl tar)e`XpF one LEGAL DESCRIPTION 62406 tj ntiI Lseas r GR 12483-e ALL Bcx3 GREELEY iltnuS R1AL, - aloy, R CEIVED I V E D SUB$4450 25,WA sITU8:.45015 81 ORBEL.. EY 80631 Date: srotro3 . MA 19 r_ 3 RECEIVED g At GDATES, OLOIA3-06/0203Avenu.: MAT 0 52003 T �g� NO: (97u)4}51400 N �3 45 x-3650 ATA • MORN114GSTAR FOODS INC F O (97 ) 33 C/O ASSOCIATED TAX APPItA1ssEA5 - ,.' ..10 Sox 5656t, , . .,. . ,' , . .ATA X'7 HOUSTON 77256.,8561 A't A R: 2 0600 . . . , A UN O 0951R3 CLAB$i'FTCATION ACTURAL VALLIE AC:TUUAL VALUE DECREASE-Th COMMERCIAL :.199799, , ,. - 239751 39958 1NDIISTRIAL . - 1798153 - 1432557 34104 I L-a31,�S ( -r _) 432-,741 TOTAL 1598244 1672308 74062 . -- — ------- Parcel#096117407003 „u r Account#R3567384 ' ' To appeal by mail,list your name,address,and phone#below,detach the lower portion of this notice and mail in keel-deride with institictiona on the reverse side to: n,�- Name: e.` i�teat 1 Ax r I h" 'a Weld County Assessor Address: O. ( -+c `c b gee 1400 N. 17th Avenue 4Y It.1 TX 17 5� Greeley,CO 80631 Phone: '11? 2>i3- c I- 3$`i An assessment percentage will be applied to the actual value of your property before taxea are • calculated. The assessment percentage for residences is/was projected to be g.oa e/a. Generally, all other property,including vacant land,is assessed at 29%of actual value(39-1-104(1)and (1.5),C.RS.),and Section 3-of Article X of the Colorado Constitution. A change in the projected residential assessment percentage is not grounds for an appeal of value or abatement of taxes. (39.5.121(1),C.R.S.) Your property was valued as it existed on January 1 of the current year+'The•"current year actual value" represents the actual value of your property as of-the appraisal date. The appraisal date is June 30, 2002:The tax notice you receive next January will be based on that value. If the senior cldien property tax exemption has been'applied io your property, it is not reflected in the value shown above,but it will be reflected in the taxes due on your Jamisty taz'bilL'The value on this notice is the full actual value. Appraisal data used to establish value were gathered from the 19 month period ending June.30,2002, If data is insufficient during this time period,assessors may use data from the five-year period ending June 30,2002. Data should be gathered in six month intervals going back from June 30,2002,until sufficient data is gathered. ' , , The following property;characteristics were used to estimate your property value: DCCiTPANCYI Indust Lehi Manufset ' TOTAL COMMERCIAL SQli FOOTAGE 76014 YEAR BUILT t957 CLASS Masonry TOTAL BUILDING COUNT 1 Please Date/File Stamp & Return p this copy in the enclosed envelope. RL� hank You. M A I ' a 'irril WELD coutn: . = S::UR ' GREELEY, CrLCR%.`.2 'The square footage listed is the total exterior square footage and may include other structures on the property. 05/07/2003 12: 49 713-621-2485 ASSOC TAX APPRAISERS PAGE 05 YOU HAVE THE RIGHT TO APPEAL YOUR REAL PROPERTYLUEOR ITS CS CLASSIFICATION APPEAL • APPEAL BY MAIL; 'If you choose to mail a written appeal,you may elect to complete the appeal portion of this'form,detach it.and mail or FAX it to the Assessor at the address listed on:thi6 Noticcof Valuation. To preserve your right to appeal,your mailed appeal us be postmarked no'later than'June 2._.':' TO PRESERVE YOUR APPEAL RIGHTS YOU MAY 8$E,,q1Z�QpUtJIRED TO PROVE YOU HAVE FILED A TIMELY APPEAL:THEREFORE,WE RECOMMEND ATJD CC1R'RESPONDENCE BE Mar!ED WITH PROOF OF MAILING. 1'AM APPEAL IN PERSON:- If you choosetoappeal your valuation in person,ppease'call'The sedstr's Office at (970)353.3845 ext.3657to make an appointment to meet wit];an a praiser:' lease'bnng'dl} teriala you wish considered to the appointment. To preserve your right tb appeal,you mud appek.tn the cdu,nty assessor's office on or before July 2. ASSESSOR'S DETERMINATION:The Assessor must make a decision on your appeal and mail a Notice of Determination to you by the last regular working day In June. APPEALING THE ASSESSOR'S DECISION:If you are not satisfied with the Assessor's determination,or if you do not receive a Notice of Determination from the Assessor,you must file a.written appeal,with the County Board of Equalization ost,ar before July 15. AFTER THESE DATES,YOUR RIGHT TO PROTEST IS LOST. . , REAL PROPERTY APPEAL FORM YOU MAY ELECT RCALUA EV T O OR CLASSIFICATION.FORM CompletingCL=CILFOLLONYS TO APPEAL YOUR • PROPERTY Completing the Real Property Questionnaire which follows will help you determine an estimate of value for your property,which can be compared to the value determined by the Assessor. Colorado law requires application of the market approach to value for residential properties (includes apartments) and consideration of}he]cost, market,gad incprpe:apprpaches to value-for vacant-land;.comrHet'G1gl.attd,lAduallial. REAL PROPERTY QUESTIONNAIRE ATTACH ADDITIONAL DOCUMENTS AS NECESSARY MARKET APPROACH:This approach to value uses sales fropi the appropriate time period to,determine the actual value of your property. The following itetng,if known,will help you estimate the market value of your property. . . • If available,attach a copy of any appraisal or written estimate of value. • Have similar properties in your immediate neighborhood sold? DATE SOLD 0.-.PROPERTY'ADDRESS . . _ I-14"_ iii:. Ss : The Cost and Income Approaches arc used for Non-Residential properties only.. COST APEROA H;,,This approach uses r enlacement cost new, I e;s depreciation And i s best w hen the structures arc newer less than 5 yrs old. lf,the structure is less than 5 yrs ol¢pica;e answer thefollowing: , , • Type Of Structure Cost to construct peW.. y Have changes peen m44c'since construction. Please describe them i Type ofchangc ,'Costa•:, r , . Type of change Type of change Coat INCOME APPROACH: This approach uses net income from operation'bta'propeity;which was'ttnted'or leased the previous year and converts the net income into actual market value. Please attach operating. statements showing income and cxpensesrtlAfed to`bperation of the buildings only. These statements shpold'reactlhetst cars of operation if possible. Also show rents of comparable properties ifyou•have'iliat infdrtriatloif avail.ale. f you have an appraisal showing the income-approach which was done in the past 2 years,please kt-t i,9livb Based upon the information shown above please give your estimate of the true market value ofyour property is of June 30, 2002 DOCUMENTATION-REASON FOR REQUESTING A REVIEW: Verification: I ih n c i nc sr end facts contained herein to be true to the best of my knowledge regar rn • Signature: Owner/Agent Date: Address: Daytime Phone#:( ) . . N .'ini, ,,,isle � Southern • Foods Group LETTER OF AUTHORIZATION I, Patrick K. Ford, have been given authority by the property owner to authorize Associated Tax Appraisers, P.O. Box 56561, Houston, TX 77256 to act on my behalf before the: STATE of COLORADO COUNTY of WELD on all tax and valuation matters concerning the following property: (And any other real and4or personal property listed under the below owner name.) Owner Name: SOUTHERN FOODS GROUP LP Assessor's Parcel ID #: R3567386 & R3565386 Property Address: 450 25 St & 2400 5 Ave Greeley, CO Greeley, CO I further authorize Associated Tax Appraisers to receive all communication from the assessor's office of all appointments and decisions. (e.g. Appraisal Notices, Appraisal Review Board Orders, Hearing Notices, Tax Bills, and Collection Notices .) SOUTHERN FOODS GROUP ?ALLIS) EL-7070 SIGNATURE Patrick K. Ford, Chief Financial Officer PRINTED NAME AND TITLE 3/ate/q( DATE 3114 South Haskell, Dallas,Texas 75223 214/824-8163 Ronald P. Little c/o Associated Tax Appraisers P.O. Box 56561 Houston, Texas 77256— 1(3- (o21- &323 Eddie Tollison —Southern Foods c/o Associated Tax Appraisers P.O. Box 56561 Houston, Texas 77256 - i 3- (ocZi-8 3 Hello