HomeMy WebLinkAbout20032325.tiff RESOLUTION
RE: THE BOARD OF EQUALIZATION, 2003, WELD COUNTY, COLORADO - DENY
PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE
PETITION OF:
REI LIMITED LIABILITY COMPANY DBA
CIO GIBRALTAR EQUITY INVESTMENTS
3600 SOUTH LOGAN ST STE 200
ENGLEWOOD, CO 80110
DESCRIPTION OF PROPERTY: ACCOUNT#: R8174300 PARCEL #: 121308001049 -
C1 BDE L49 BEEBE DRAW FARMS & EQUESTRIAN CENTER CORRECTED 1ST FILING
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 Greg Evans, Bridge and Associates,
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 $ 21,446
Improvements OR
Personal Property 0
TOTAL $ 21,446
2003-2325
AS0055
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RE: BOE - REI LIMITED LIABILITY COMPANY DBA
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
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.)
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.
2003-2325
AS0055
RE: BOE - REI LIMITED LIABILITY COMPANY DBA
PAGE 3
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 4th day of August, A.D., 2003.
BOARD OF COUNTY COMMISSIONERS
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WE COUNTY, COLORADO
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Weld County Clerk to the Board
Robert D. M en, Pro-Tem
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Date of signature: fs'//gfi 3
2003-2325
AS0055
NOTICE OF DENIAL OFFICE OF COUNTY ASSESSOR
1400 NORTH 17th AVE.
fat6 &C1BDE L49 BEEBE DRAW FARMS PHONE(970)3REEL Y CO80631
� ' EQUESTRIAN CENTER CORRECTED 1ST
FILING
inkOWNER: REI LIMITED LIABILITY COMPANY DBA
COLORADO
REI LIMITED LIABILITY COMPANY DBA LOG 4949
C/O GIBRALTAR EQUITY INVESTMENTS PARCEL 121308001049
3600 SOUTH LOGAN ST STE 200 ACCOUNT R8174300
ENGLEWOOD, CO 80110 YEAR 2003
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):
All other property, including vacant land, 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:
A review of the market value of land in your neighborhood indicates your land
valuation is correct .
PETITIONER'S ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ESTIMATE
OF VALUE ACTUAL VALUE ACTUAL VALUE
PRIOR TO REVIEW AFTER REVIEW
VACANT LAND 21446 21446
TOTALS $ $21446 21446
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 see the back of this form for detailed information on filing your appeal.
By: Stanley F. Sessions 07/23/2003
WELD COUNTY ASSESSOR DATE
15-DPT-AR
Form PR-207-87/03 ADDITIONAL INFORMATION ON REVERSE SIDE
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 21 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 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 11.
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 YOU APPEAL INVOLVES REAL PROPERTY, YOU MUST STATE YOUR OPINION
OF VALUE IN TERMS OF A SPECIFIC DOLLAR AMOUNT. Attach additional documents as necessary.
SIONA I LIRE OF PE M TONER DAl
-MA (4b
CLERK TO THE BOARD
PHONE (970) 3564000 EXT 4217
FAX (303)352-0242
WEBSITE: www.co.weld.co.us
Vine
915 10TH STREET
P.O. BOX 758
GREELEY, COLORADO 80632
COLORADO
July 22, 2003
REI LIMITED LIABILITY COMPANY DBA
CIO GIBRALTAR EQUITY INVESTMENTS
3600 SOUTH LOGAN ST STE 20
ENGLEWOOD CO 80110
Parcel No.: 121308001069 Account No.: R8176300Parcel No.: 121308001039 Account No.: R8173300
Parcel No.: 121308001040 Account No.: R8173400Parcel No.: 121308001041 Account No.: R8173500
Parcel No.: 121308001045 Account No.: R8173900Parcel No.: 121308001047 Account No.: R8174100
Parcel No.: 121308001049 Account No.: R8174300Parcel No.: 121308001053 Account No.: R8174700
Parcel No.: 121308001057 Account No.: R8175100Parcel No.: 121308001059 Account No.: R8175300
Parcel No.: 121308001068 Account No.: R8176200Parcel No.: 121308001070 Account No.: R8176400
Parcel No.: 121308001071 Account No.: R8176500Parcel No.: 121308001072 Account No.: R8176600
Parcel No.: 1 21 308001 073 Account No.: R8176700Parcel No.: 121308001080 Account No.: R8177400
Parcel No.: 121308001082 Account No.: R8177600Parcel No.: 1 21 308001 084 Account No.: R8177800
Parcel No.: 121308001097 Account No.: R8179100 Parcel.No.: 121308001098 Account No.: R8179200
Parcel No.: 121308001099 Account No.: R8179300Parcel No.: 121308001100 Account No.: R8179400
Parcel No.: 121308001101 Account No.: R8179600 Parcel No.: 121308001104 Account No.: R8179900
Parcel No.: 121308001107 Account No.: R8180200Parcel No.: 121308001109 Account No.: R8180400
Parcel No.: 121308001110 Account No.: R8180500Parcel No.: 121308001111 Account No.: R8180600
Parcel No.: 121308001112 Account No.: R8180700Parcel No.: 121308001113 Account No.: R8180800
Parcel No.: 121308001116 Account No.: R8181100Parcel No.: 121308001117 Account No.: R8181200
Parcel No.: 121308001122 Account No.: R8181700Parcel No.: 121308001126 Account No.: R8182100
Parcel No.: 121308001143 Account No.: R8182600Parcel No.: 121309001126 Account No.: R8211000
Parcel No.: 121308001102 Account No.: R8179700
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of August4,2003,at or about the hour of 5:00 PM,to hold a
hearing on your valuation for assessment. This hearing will be held at the Weld County Department of Public
Health and Environment, Room 210, 1555 North 17th Avenue, 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
REI LIMIATED LIABILITY COMPANY
Page 2
choose to attend this hearing,a decision will still be made by the Board by the close of business on August 5,2003,
and mailed to you on or before August 12, 2003.
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.
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 QUALIZATION
Carol A. Harding
Deputy Clerk to the Board
cc: Stanley Sessions, Assessor
BRIDGE &ASSOCIATES
820 SIMMS STREET, SUITE 12
GOLDEN CO 80401-4472
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