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Home My WebLink About20032006.tiff RESOLUTION RE: ACTION OF THE BOARD CONCERNING PETITION FOR ABATEMENT OR REFUND OF TAXES - PACKAGING CORP OF AMERICA WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board of County Commissioners of Weld County, State of Colorado, at a duly and lawfully called regular meeting held on the 6th day of August, 2003, at which meeting there were present the following members: Chair David E. Long and Commissioners M. J. Geile, William H. Jerke, Robert D. Masden, and Glenn Vaad, and WHEREAS, notice of such meeting and an opportunity to be present has been given to the taxpayer and the Assessor of said County, and said Assessor, Stan Sessions, being represented by Mike Sampson, and Duane Robson, and taxpayer Packaging Corp of America, being represented by Jim Barton of Grant Thornton, and WHEREAS, at said meeting on August 6, 2003, Jim Barton, representing the taxpayer, requested the Board of County Commissioners allow him to withdraw the petition for abatement, to allow time for Assessor's staff to perform a walk-though of the facility to determine the correct value of equipment therein. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that withdrawal of the petition by the taxpayer be, and hereby is, accepted. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 6th day of August, A.D., 2003. BOARD OF COUNTY COMMISSIONERS WE OU T,O ORA O ATTEST: �, vid E. Long, Chair Weld County Clerk to the oai "� Robert D. den, Pro-Tern , u ,•i- =rk to the Board 1861 tiO'� M. J. eile °C-77• �i • William Jerke / J � �� . 1`"" "e" , ounty Attorn- ?�,1. 1 L Glenn Vaad Date of signature: "/ $-f≥S 2003-2006 q AS0054 (0 ,, A3, 047 f-r'Pt, qn PETITION FOR ABATEMENT OR REFUND OF TAXES Please submit in duplicate copies and answer all questions. (`� IED County Name WELD Date Recei F■ .EI Use Assessor's or om I to PETITIONER: Complete Section I on this side only FEB 2 8 2003 Section I: WELD COUNTY ASSESSOR Date FEBRUARY 28 2003-- Greeley, Colorado Day Year Petitioner's Name: PACKAGING CORP OF AMERICA do GRANT THORNTON Petitioner's mailing address: 1717 MAIN ST. #500 DALLAS TX 75201 City or Town State Zip Code SCHEDULE OR PARCEL NUMBER(S) PROPERTY ADDRESS OR LEGAL DESCRIPTION OF PROPERTY P1001996 - PERSONAL PROPERTY Petitioner states that the taxes assessed against the above property for property tax year 2002 and are incorrect for the following reasons: (Briefly describe the circumstances surrounding the incorrect value or tax. (The petitioner's estimate of actual value must be included.) Attach additional sheets if necessary. ORIGINALLY SENT IN A SUMMARY LISTING THAT WAS INACCURATE. RECEIVED A NEW LISTING WITH HISTORICAL COSTS THAT I WAS ABLE TO MATCH UP WITH PREVIOUS YEARS. Petitioner's estimate of actual value $1,598,103 2002 $ Li Value Year Value Year Petitioner requests an abatement or refund of the appropriate taxes associated with a reduction in value. I declare, under penalty of perjury in the second degree, that this petition, together with any accompanying exhibits or statements, has been examined by me, and to the best of my knowledge, information and belief, is true, correct and complete. Daytime Phone Number( Petitioner's Signature XBy / 1 ^� ` 7`a " Daytime Phone Number( a ) 56 1 2 46 I Agent's Signature* *Letter of agency must be attached when petition is submitted. Every petition for abatement or refund filed pursuant to section 39-10-114, C.R.S., shall be acted upon pursuant to the provisions of this section by the board of county commissioners or the assessor, as appropriate, within six months of the date of filing such petition. 39-1-113(1.7), C.R.S. Section II: Assessor's Use Only 2002 2001 Mill Levy (104.321) Mill Levy () Assessed Value Tax Assessed Value Tax Original 1,334,780 $ 139.245 Original _ $ Corrected 463,450 $ 48,347.26 Corrected $ Abate/Refund 871,330 $ 90,898.04 Abate/Refund $ Amount of Penalty(If any) $ 0 Total Amount of Refund $ 90,898.04 2003-2006 (FOR ASSESSORS AND COUNTY COMMISSIONERS USE ONLY) RESOLUTION OF COUNTY COMMISSIONERS Resolution No. Section I: In accordance with 39-1-113(1.5), C.R.S., the commissioners of County authorize the assessor to review petitions for abatement or refund and to settle by written mutual agreement any such petition for abatement or refund in an amount of one thousand dollars or less per tract, parcel, or lot of land or per schedule of personal property. The assessor and petitioner mutually agree to an assessed value and tax abatement/refund of: Tax Year Tax Year Value Tax Value Tax Original Original Corrected Corrected Abate/Refund Abate/Refund PLEASE NOTE: THE TOTAL TAX AMOUNT DOES NOT INCLUDE ACCRUED INTEREST, PENALTIES, AND FEES ASSOCIATED WITH LATE AND/OR DELINQUENT TAX PAYMENTS, IF APPLICABLE. PLEASE CONTACT YOUR COUNTY TREASURER FOR FULL PAYMENT INFORMATION. /i o/©3 / Petitioner' re \ ::, - OR 07�sor's ry sessor's nature If Section I is not complete and/or if petition is for more than $1,000, Section II must be completed. Submit an original petition and a copy to the Division of Property Taxation. Section II: Assessor's recommendation: E Approved or i= Appr ved in part$ No protest filed in /eOZ . (If a rotest was filed, please attach a copy of NOD.) Denied for the following reason(s): friaciathlyi /2 -- 4m-etc on a 4 &e It se 4.�r/e sAouw.f/ a≤ /pT a�,f Ser �f 6�e_f L nis ?s. ,vnri cy d -4r ,9mia ienr—ijJ 9+ Recce sr e2z)-4/O65c( Assessor's or or Dessor's ignature Section III: WHEREAS, The County Commissioners of County, State of Colorado, at a duly and lawfully called regular meeting held on / / , at which meeting there were present the following mo day yr members: with notice of such meeting and an opportunity to be present having been given to the taxpayer and the Assessor of said County and Assessor (being present/not present) and Name petitioner (being present/not present), and WHEREAS, The said Name County Commissioners have carefully considered the within petition, and are fully advised in relation thereto, NOW BE IT RESOLVED, That the Board (agrees/does not agree)with the recommendation of the assessor and the petition be (approved/denied)and an abatement/refund be (approved/denied) for property tax year . The taxes to be abated or refunded are $ which represents an assessed value of Chairperson of the Board of County Commissioners'Signature I, , County Clerk and Ex-officio Clerk of the Board of County Commissioners in and for the aforementioned county, do hereby certify that the above and foregoing order is truly copied from the record of the proceedings of the Board of County Commissioners. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said County at , this day of Time Date Month Year County Clerk's or Deputy County Clerk's Signature ACTION OF THE PROPERTY TAX ADMINISTRATOR Denver, Colorado Month Day Year The action of the Board of County Commissioners, relative to the within petition, is hereby ❑Approved; Approved in part $ ; ❑ Denied for the following reason(s): Secretary's Signature Property Tax Administrator's Signature G:\USM...\ABATETORMREVI-2000 - • CLERK TO THE BOARD ("t PHONE (970)336-7215, EXT.4225 FAX: (970)352-0242 IIWD P.O. BOX 758 GREELEY, COLORADO 80632 C COLORADO July 23, 2003 PACKAGING CORP OF AMERICA C/O GRANT THORNTON 1717 MAIN STREET#500 DALLAS, TX 75201 RE: SCHEDULE NUMBER P1001996 Dear Property Owner: , This is to advise you that the Weld County Board of Commissioners will hear your petition for abatement or refund of taxes on the property described as:PERSONAL PROPERTY. The meeting is scheduled for August 6, 2003, at 9:00 a.m., in the First Floor Meeting Room, Weld County Centennial Center, 915 10th Street, Greeley, Colorado. The Assessor is recommending that the Board deny your petition. You are not required to be present at this hearing, however, this is your opportunity to have your position heard, especially if your position is opposed to the Assessor's recommendation. If you intend to submit any documentation in support of your position for this hearing, all such documentation must be submitted to the Office of the Clerk to the Board and to the Weld County Assessor's Office at least seven calendar days prior to the meeting date in order for it to be considered at the scheduled hearing. If you have any questions concerning this matter, please do not hesitate to contact Carol Harding at (970) 336-7215, extension 4217. Sincerely, Donald D. Warden Clerk to the Board y .,2 (� BY: (1-(.:12.L., . d I Deputy Clerk to the Board cc: Assessor 1996-2003 Actual/Proposed Values $5,000,000 - $4,500,000 $4,602,682 m $4,000,000 _ - 3,341,376 $3,882,205 ris $3,500,000 2,947,428 m $3,000,000 2,573,061 a $2,500,000 2,263,534 O a, $2,000,000 Hsa- 1,703,819 si $1 ,500,000 1,800,890 V 1,572,134 a $1 ,000,000 $500,000 $o r 1996 1997 1998 1999 2000 2001 2002 2003 Tax Year —+—Weld County Actual Values -w- Grant Thornton Proposed Values 1 t k* : APPRAISAL REPORT OF PERSONAL PROPERTY FOR WELD COUNTY COMMISSIONERS PACKAGING CORP OF AMERICA PETITIONER V.S. WELD COUNTY ASSESSOR'S OFFICE RESPONDENT SCHEDULE NUMBER: P1001996 ABATEMENT NUMBER: 2003-179 DATE: AUGUST 6, 2003 TIME: 9:00AM BOARD: COMMISSIONERS PREPARED BY DUANE M. ROBSON ri O3 Signature Date ASSESSOR'S OFFICE STAFF APPRAISER ASSESSOR VALUE $4,602,682 TABLE OF CONTENTS Spreadsheet comparing 2002 original filing vs. 2002 amended filing Pages 3 & 4 Spreadsheet comparing 2002 original filing vs. 2002 final filing Pages 5 & 6 2002 Signed Declaration (Original) Pages 7-9 2002 Summary sheet (Original) Page 10 2002 Detailed listing (Original) Pages 11-14 Cover letter for 2002 amended return Page 15 2002 Summary sheet (Amended) Page 16 2002 Detailed listing (Amended) Pages 17-20 Faxed copy of additional assets Pages 21 & 22 2002 Summary sheet (Final) Page 23 2002 Detailed listing (Final) Pages 24-28 Correspondence with PCA Pages 29-33 2002 2002 Original Filing Amended Filing Change in Percentage Item Description Year Cost Year Cost Value Change Computer Equipment 1 laptop 2001 $2,833 2001 $2,833 $0 0% 2 laptop 2001 $2,833 2001 $2,833 $0 0% 3 laptop 2001 $2,833 2001 $2,833 $0 0% 4 laptop 2001 $2,833 2001 $2,833 $0 0% 5 laptop 2001 $2,833 2001 $2,833 $0 0% 6 hardware 2000 $285,205 2000 $285,205 $0 0% 7 computer 1998 $5,027 1998 $5,101 $74 -1% 8 laptop 1998 $2,485 1998 $2,522 $37 -1% 9 toshiba 1996 $5,086 1996 $5,247 $161 -3% 10 check sign 1996 $1,588 1996 $1,618 $30 -2% 11 toshiba 1996 $284 1996 $291 $7 -2% 12 lantech 1996 $17,747 1995 $12,645 -$5,102 29% 13 visionteck 1996 $1,853 1995 $1,258 -$595 32% 14 laser printer 1996 $1,434 1995 $2,118 $684 -48% 15 laserpoint 1996 $24,098 1993 $35,581 $11,483 -48% Furniture& Fixtures 16 furniture 1997 $6,452 1997 $6,452 $0 0% 17 furniture 1996 $2,937 1996 $2,992 $55 -2% 18 zeroxfacs 1996 $2,833 1993 $3,100 $267 -9% 19 steelcase 1996 $27,864 1992 $19,143 -$8,721 31% 20 cubicles 1996 $16,556 1991 $11,374 -$5,182 31% 21 credenza 1996 $2,631 1996 $2,631 $0 0% 22 desk 1996 $2,406 1996 $2,406 $0 0% 23 steel ca 1996 $2,165 1996 $2,165 $0 0% 24 side chair 1996 $1,883 1996 $1,883 $0 0% Machinery& Equipment 25 glue system 2001 $59,380 2001 $59,380 $0 0% 26 battery handling 2001 $26,329 2001 $26,329 $0 0% 27 sample table 2000 $78,402 2000 $78,402 $0 0% 28 foaming unit 1999 $6,134 1999 $6,393 $259 -4% 29 foaming unit 1998 $88,519 1998 $92,223 $3,704 -4% 30 adhesive storage 1998 $49,220 1998 $51,206 $1,986 -4% 31 moisture 1996 $26,335 1996 $27,013 $678 -3% 32 eflute 1996 $13,015 1996 $13,350 $335 -3% 33 kb 20 hot 1996 $12,145 1996 $12,522 $377 -3% 34 scissor 1996 $7,312 1996 $7,500 $188 -3% 35 e-flute 1996 $6,581 1996 $6,750 $169 -3% 36 desk 1996 $2,144 1996 $1,465 -$679 32% 37 sulliar 1996 $26,163 1995 $1,420 -$24,743 95% 38 conveyor 1996 $14,269 1995 $8,401 -$5,868 41% 39 conveyor 1996 $11,790 1995 $10,167 -$1,623 14% 40 asitrade 1996 $45,523 1994 $32,269 -$13,254 29% 41 sface& 1996 $502,021 1993 $359,850 -$142,171 28% 42 f-flute 1996 $111,702 1993 $79,180 -$32,522 29% 3 43 marquip 1996 $129,820 1992 $92,497 -$37,323 29% 44 serco 1996 $73,744 1992 $52,543 -$21,201 29% 45 chase load 1996 $44,903 1992 $31,993 -$12,910 29% 46 domino spu 1996 $19,322 1992 $13,767 -$5,555 29% 47 fgluer 1996 $12,839 1992 $9,148 -$3,691 29% 48 bobst spu 1996 $1,007,957 1991 $775,000 -$232,957 23% 49 lasercomb 1996 $92,244 1991 $65,724 -$26,520 29% 50 add scrap 1996 $88,422 1991 $63,001 -$25,421 29% 51 nissanfo 1996 $60,819 1991 $16,487 -$44,332 73% 52 addition 1996 $44,772 1991 $31,900 -$12,872 29% 53 bobstread 1996 $38,090 1991 $27,000 -$11,090 29% 54 nissan 1996 $24,628 1991 $20,678 -$3,950 16% 55 lasercomb 1996 $17,377 1991 $25,658 $8,281 -48% 56 interlake 1996 $17,065 1991 $12,159 -$4,906 29% 57 burgandy 1996 $2,069 1991 $1,421 -$648 31% 58 easypress 1996 $165,132 1990 $117,656 -$47,476 29% 59 glue system 1996 $53,586 1990 $38,180 -$15,406 29% 60 asitrade 1996 $2,103,826 1989 $1,400,000 -$703,826 33% 61 sp1600 1996 $1,582,299 1989 $1,200,000 -$382,299 24% 62 domino spu 1996 $759,248 1989 $544,058 -$215,190 28% 63 transcor 1996 $105,035 1989 $74,837 -$30,198 29% 64 clayton 1996 $93,121 1989 $66,779 -$26,342 28% 65 donahue 1996 $57,703 1989 $41,114 -$16,589 29% 66 shredder 1996 $40,983 1989 $29,200 -$11,783 29% 67 nissan f 1996 $25,725 1989 $43,204 $17,479 -68% 68 lasercomb 1996 $25,060 1989 $37,446 $12,386 -49% 69 spiral str 1996 $18,005 1989 $12,829 -$5,176 29% 70 jig king 1996 $14,947 1989 $10,650 -$4,297 29% 71 blackhawk 1996 $14,566 1989 $10,378 -$4,188 29% 72 kits from 1996 $12,902 1989 $9,193 -$3,709 29% 73 score board 1996 $12,695 1989 $86,741 $74,046 -583% 74 blackhawk 1996 $11,841 1989 $8,437 -$3,404 29% 75 c&h 1996 $1,890 1989 $1,291 -$599 32% 76 gerard 1996 $1,847 1989 $1,262 -$585 32% 77 kwik die 1996 $33,684 1988 $24,000 -$9,684 29% 78 bunn tyers 1997 $13,850 1997 $13,850 $0 0% 79 double sco 1997 $9,246 1997 $9,246 $0 0% 80 asitrade 1996 $184,388 1996 $184,388 $0 0% 81 conveying 1996 $37,055 1996 $37,055 $0 0% 82 baler 1996 $15,439 1996 $15,439 $0 0% 83 air comp 1996 $13,308 1996 $13,308 $0 0% 84 bands saw 1996 $10,091 1996 $10,091 $0 0% 85 stacker 1996 $1,918 1996 $1,918 $0 0% $8,605,144 $6,573,243 -$2,031,901 2002 2002 Original Filing Final Filing Change in Percentage Item Description Year Cost Year Cost Value Change Computer Equipment 1 laptop 2001 $2,833 2001 $2,833 $0 0% 2 laptop 2001 $2,833 2001 $2,833 $0 0% 3 laptop 2001 $2,833 2001 $2,833 $0 0% 4 laptop 2001 $2,833 2001 $2,833 $0 0% 5 laptop 2001 $2,833 2001 $2,833 $0 0% 6 hardware 2000 $285,205 2000 $285,205 $0 0% 7 computer 1998 $5,027 1998 $5,101 $74 -1% 8 laptop 1998 $2,485 1998 $2,522 $37 -1% 9 toshiba 1996 $5,086 1996 $5,247 $161 -3% 10 check sign 1996 $1,588 1996 $1,618 $30 -2% 11 toshiba 1996 $284 1996 $0 -$284 100% 12 lantech 1996 $17,747 1995 $12,645 -$5,102 29% 13 visionteck 1996 $1,853 1995 $1,258 -$595 32% 14 laser printer 1996 $1,434 1995 $2,118 $684 -48% 15 laserpoint 1996 $24,098 1993 $35,581 $11,483 -48% Furniture& Fixtures 16 furniture 1997 $6,452 1997 $6,452 $0 0% 17 furniture 1996 $2,937 1996 $2,992 $55 -2% 18 zeroxfacs 1996 $2,833 1993 $3,100 $267 -9% 19 steelcase 1996 $27,864 1992 $19,143 -$8,721 31% 20 cubicles 1996 $16,556 1991 $11,374 -$5,182 31% 21 credenza 1996 $2,631 1987 $1,808 -$823 31% 22 desk 1996 $2,406 1987 $1,653 -$753 31% 23 steel ca 1996 $2,165 1987 $1,487 -$678 31% 24 side chair 1996 $1,883 1986 $1,278 -$605 32% Machinery& Equipment 25 glue system 2001 $59,380 2001 $59,380 $0 0% 26 battery handling 2001 $26,329 2001 $26,329 $0 0% 27 sample table 2000 $78,402 2000 $78,402 $0 0% 28 foaming unit 1999 $6,134 1999 $6,393 $259 -4% 29 foaming unit 1998 $88,519 1998 $92,223 $3,704 -4% 30 adhesive storage 1998 $49,220 1998 $51,206 $1,986 -4% 31 moisture 1996 $26,335 1996 $27,013 $678 -3% 32 a flute 1996 $13,015 1996 $13,350 $335 -3% 33 kb 20 hot 1996 $12,145 1996 $12,522 $377 -3% 34 scissor 1996 $7,312 1996 $7,500 $188 -3% 35 e-flute 1996 $6,581 1996 $6,750 $169 -3% 36 desk 1996 $2,144 1994 $1,465 -$679 32% 37 sulliar 1996 $26,163 1995 $13,709 -$12,454 48% 38 conveyor 1996 $14,269 1995 $8,401 -$5,868 41% 39 conveyor 1996 $11,790 1995 $10,167 -$1,623 14% 40 asitrade 1996 $45,523 1994 $32,269 -$13,254 29% 41 sface& 1996 $502,021 1993 $359,850 -$142,171 28% 42 f-flute 1996 $111,702 1993 $79,180 -$32,522 29% 43 marquip 1996 $129,820 1992 $92,497 -$37,323 29% 44 serco 1996 $73,744 1992 $52,543 -$21,201 29% 45 chase load 1996 $44,903 1992 $31,993 -$12,910 29% 46 domino spu 1996 $19,322 1992 $13,767 -$5,555 29% 47 fgluer 1996 $12,839 1992 $9,148 -$3,691 29% 48 bobst spu 1996 $1,007,957 1991 $722,506 -$285,451 28% 49 lasercomb 1996 $92,244 1991 $65,724 -$26,520 29% 50 add scrap 1996 $88,422 1991 $63,001 -$25,421 29% 51 nissanfo 1996 $60,819 1991 $17,495 -$43,324 71% 52 addition 1996 $44,772 1991 $31,900 -$12,872 29% 53 bobst read 1996 $38,090 1990 $27,000 -$11,090 29% 54 nissan 1996 $24,628 1991 $20,678 -$3,950 16% 55 lasercomb 1996 $17,377 1991 $25,658 $8,281 -48% 56 interlake 1996 $17,065 1991 $12,159 -$4,906 29% 57 burgandy 1996 $2,069 1991 $1,421 -$648 31% 58 easypress 1996 $165,132 1990 $117,656 -$47,476 29% 59 glue system 1996 $53,586 1990 $38,180 -$15,406 29% 60 asitrade 1996 $2,103,826 1989 $1,508,028 -$595,798 28% 61 sp1600 1996 $1,582,299 1989 $1,133,836 -$448,463 28% 62 domino spu 1996 $759,248 1989 $544,058 -$215,190 28% 63 transcor 1996 $105,035 1989 $74,837 -$30,198 29% 64 clayton 1996 $93,121 1989 $66,779 -$26,342 28% 65 donahue 1996 $57,703 1989 $41,114 -$16,589 29% 66 shredder 1996 $40,983 1988 $29,200 -$11,783 29% 67 nissan f 1996 $25,725 1989 $43,204 $17,479 -68% 68 lasercomb 1996 $25,060 1989 $37,446 $12,386 -49% 69 spiral str 1996 $18,005 1989 $12,829 -$5,176 29% 70 jig king 1996 $14,947 1989 $10,650 -$4,297 29% 71 blackhawk 1996 $14,566 1989 $10,378 -$4,188 29% 72 kits from 1996 $12,902 1989 $9,193 -$3,709 29% 73 score board 1996 $12,695 1989 $9,045 -$3,650 29% 74 blackhawk 1996 $11,841 1989 $8,437 -$3,404 29% 75 c&h 1996 $1,890 1989 $1,291 -$599 32% 76 gerard 1996 $1,847 1989 $1,262 -$585 32% 77 kwlk die 1996 $33,684 1988 $24,000 -$9,684 29% 78 bunn tyers 1997 $13,850 1997 $14,294 $444 -3% 79 double sco 1997 $9,246 1997 $9,500 $254 -3% 80 asitrade 1996 $184,388 1996 $184,388 $0 0% 81 conveying 1996 $37,055 1987 $26,402 -$10,653 29% 82 baler 1996 $15,439 1987 $11,000 -$4,439 29% 83 air comp 1996 $13,308 1987 $6,973 -$6,335 48% 84 bands saw 1996 $10,091 1987 $7,190 -$2,901 29% 85 stacker 1996 $1,918 1987 $1,318 -$600 31% $8,605,144 $6,470,834 -2,134,310 • , MAIL TO: CONFIDENTIAL ASSESSMENT DATE , WELD COUNTY ASSESSOR PERSONAL PROPERTY JANUARY 1 • 1400 N.17th AVE GREELEY,CO 80631 DECLARATION SCHEDULE Phone(970)353-3845 (Confidential Data) DUE DATE APRIL 1`_ Return This Copy 2002 ASSESSOR'S USE ONLY PLEASE REVERSE E SIDES ORE PROCEEDING INSTRUCTIONS ON RECEIVED MPL rS )11 _. U SIGN AND RETURR TFHS COPY COMPLETED FILING J J N)f Z L LATE FILING FEE S ) NO L? PIN NUMBER TA CODE BA CODE PARCEL NUMBER 'l P1001996 0420 30000 080721423001 8045 1 A. NAME AND ADDRESS: SHOW CHANGES IN NAME AND ADDRESS Packaging Corporation of America ; INC )' �� C/O Grant Thornton, LLP PREVIOU•'7` ,L 1717 Main Street, Suite 500 Dallas, TX 75201 pry ppPiSnt SHOW CHANGESARRIYIIGLolog j,TION: 12a"-- ORtIERSTONE DR WINDSOR FLO COUNTY `vVc p WIN 1CS1-1 BLK 1 CORNERSTONE SUB O CO ASSE$5Q�{, Y, Colorado B. BUSINESS:Start Up Date: Product or Service Type: C. BUSINESS STATUS(Please check the appropriate boxes ONLY). In accordance with 39-3-119.5,C.R.S,you are not required to file this declaration if the total actual value(market value)of your personal property per county is$2,500 or less. If you are a first time filer or are unsure as to whether the total actual value of your personal property per county exceeds$2,500,please contact the county assessor. ❑NEW BUSINESS/ORGANIZATION. You must give a complete itemized listing of all personal property. Use the first part of Section D and attach sheet(s)if needed. EXISTING BUSINESS/ORGANIZATION.Indicate ADDITIONS/DELETIONS to property in Section D. ❑NEW OWNER OF PREVIOUSLY EXISTING BUSINESS/ORGANIZATION. You must give a complete itemized listing of all personal property acquired in the purchase. Include additions made prior to Jan.I since that purchase. ❑AS OF JANUARY 1,WERE YOU OUT OF BUSINESS? If yes,complete below: O Personal Property Sold 0 Personal Property Stored Date Sold/Stored Name of New Owner of the Personal Property PHONE k ❑PROPERTY CHANGED LOCATION TO ON(DATE) **FOR AN ACCURATE ASSESSMENT,WE MUST HAVE A COMPLETE LISTING OF PERSONAL PROPERTY.** D. LISTING OF PERSONAL PROPERTY: Note:Include ALL Expensed Assets With a Life of Greater Than 1 Year,Fully Depreciated Assets Still in Use, and Stored Assets That Are Subject to IRS Depreciation. LIST ALL PERSONAL PROPERTY ACQUIRED PRIOR TO JANUARY I.ATTACH SEPARATE SHEET(S)IF NEEDED. ITEM YEAR COMPLETE DESCRIPTION INCLUDING YOUR ORIGINAL FACTOR/ SPECIFY ITEM: MONTH at I.D. ACQUIRED MODEL OR CAPACITY INSTALLED COST LIFE NEW OR USEDT PLACED INTO NO. SERVICE )00002 1994 COMPUTERS 319,123.00 13/3 000003 1995 COMPUTERS 74,278.00 13/3 000004 1996 COMPUTERS 45,941.00 13/3 . 000006 1992 OFFICE MACHINES 29,910.00 000007 1996 OFFICE MACHINES 1,618.00 3/6 000008 1991 COPIERS 2,9 .00 13/5 000009 1994 COPIERS .377.00 13/5 000010 1995 3.00 13/5 000011 1991 6.00 13/4 000012 1993 See Attached Schedule 0.00 13/4 000014 1992 7.00 11/6 000015 1991 0.00 1/10 000016 1994 _ . - _.4.00 1/10 000017 1996 MOBILE EQUIP 7,500.00 1/10 000021 19 OFFICE FURN 17,226.00 3/10 000022 92 OFFICE,FURN 20,806.00 3/10 000023 1993 OFFICE FURN 15,795.00 ' 3/10 IF NO ADDITIONS OR DELETIONS CHECK HERE (i THIS RETURN IS SUBJECT TO AUDIT I. "I dal=wider penaM of patsy in the second depee,that this schedule,macaw with any accompanying=Maim or statements.her been canoed by toe and to the bat orny Nvrlege,info,matim tad belief mu fora a all and cckte liadal u,bb personal property owed by me or in my pwa,ion or uda my connoL bated in this county in Colorado.on the aaa®iratt dale of ail yam that such property has been reasonably described and its value fairly represented;and that no amnia hat beat made to mislead the maam a to itsage,quality, tib.etvahm"39.5.Ia1(2)..GRa SIGNATURE OF OWNER OR AGENT DATE 5"v/O Z. PHONE( ) 2)4 -54 h 2 4 6/ M ( U N 1 PRINT NAME OF PERSON SIGNING /CE DC464,-el? NAME OF OWNER SOCIAL SECURITY NUMBER _FEDERAL EMPLOYER IDENTIFICATION NUMBER . MAIL TO:' , CONFIDENTIAL ASSESSMENT DATE WELD COUNTY ASSESSOR PERSONAL PROPERTY JANUARY 1 1400 N.17th AVE GREELEY,CO 80631 DECLARATION SCHEDULE . Phone(9t0)353-3845 (Confidential Data) DUE DATE APRIL 1.! Return This Copy 2002 ASSESSOR'S USE ONLY PLEASE READ INSTRUCTIONS ON RECEIVED REVERSE SIDE BEFORE PROCEEDING COMPLETED SIGN AND RETI NHS COPY LATE FILING FEE YES() NO() PIN NUMBER TA CODE BA CODE PARCEL NUMBER P1001996 0420 30000 080721423001 8045 2 A. NAME AND ADDRESS: SHOW CHANGES IN NAME AND ADDRESS PACKAGING CORP OF AMERICA C/O CBIZ PROPERTY TAX SOLUTIONS INC PO BOX 2798 PREVIOUS OWNER'S NAME&ADDRESS LITTLETON, CO 80161 PHYSICAL LOCATION OF THE PERSONAL PROPERTY SHOW CHANGES OF PHYSICAL LOCATION: AS OF JANUARYCRNERSTONE DR WINDSOR WIN 1CS1-1 BLIC 1 CORNERSTONE SUB B. BUSINESS:Start Up Date: Product or Service Type: C. BUSINESS STATUS(Please check the appropriate boxes ONLY). In accordance with 39-3-119.5,C.R.S.,you are not required to file this declaration if the total actual value(market value)of your personal property per county is$2,500 or less. If you are a first time filer or are unsure as to whether the total actual value of your personal property per county exceeds$2,500,please contact the county assessor. ❑NEW BUSINESS/ORGANIZATION. You must give a complete itemized listing of all personal property. Use the first part of Section D and attach sheet(s)if needed. ❑EXISTING BUSINESS/ORGANIZATION.Indicate ADDITIONS/DELETIONS to property in Section D. ❑NEW OWNER OF PREVIOUSLY EXISTING BUSINESS/ORGANIZATION. You must give a complete itemized listing of all personal property acquired in the purchase. Include additions made prior to Ian.1 since that purchase. ❑AS OF JANUARY 1,WERE YOU OUT OF BUSINESS? If yes,complete below: ❑Personal Property Sold O Personal Property Stored Date Sold/Stored Name of New Owner of the Personal Property PHONE # ❑PROPERTY CHANGED LOCATION TO • ON(DATE) ••FOR AN ACCURATE ASSESSMENT,WE MUST HAVE A COMPLETE LISTING OF PERSONAL PROPERTY.**_ D. LISTING OF PERSONAL PROPERTY: Note:Include ALL Expensed Assets With a Life of Greater Than 1 Year,Fully Depreciated Assets Still in Use, and Stored Assets That Are Subject to IRS Depreciation. LIST ALL PERSONAL PROPERTY ACQUIRED PRIOR TO JANUARY 1. ATTACH SEPARATE SHEET(S)IF NEEDED. ITEM YEAR COMPLETE DESCRIPTION INCLUDING YOUR ORIGINAL FACTOR/ SPECIFY ITEM: MONTH& LD. ACQUIRED MODEL OR CAPACITY INSTALLED COST LITE NEW OR USED YEAR T NO. PLACED IMO SERVICE )00024 1994 OFFICE PORN 5,613.00 3/10 000025 1996 OFFICE FURN 2,992.00 3/10 000026 1997 OFFICE FURN 6,650.00 3/10 000030 1990 MACH & EQUIP 3,804,695.00 11/10 000031 1991 MACH & EQUIP 832,338.00 11 000032 1992 MACH & EQUIP 202,548.00 1/10 . 000033 1993 MACH & EQUIP 439,0 . 0 11/10 000034 1994 MACH & EQUIP ,229.00 11/10 000035 1995 MA( 11/10 000036 1996 MA( 11/10 000037 1997 MA( See Attached Schedule 11/10 000038 1998 13/3 000039 1998 ( 11/10 000040 1999 13/3 000041 19 - MACH & EQUIP 6,393.00 11/10 000042 000 OFFICE FURN 31,543.00 3/10 000043 2000 COMPUTER 285,205.00 13/3 IF NO ADDITIONS OR DELETIONS CHECK HERE( ) THIS RETURN IS SUBJECT TO AUDIT I. 'I declare undo pealtyorp�mn the second degree,that this schedule,agetba with any aamtrpayieanbTroa,atenmm.Wren examined by me and to mcbat enykooecdge.Information,.1.1 belie(feu troth a 211 sal nnplae list drill amble pmoml prpaty owmdby, thirty Possession or BMe,my mono,louW m ibis county m Cabradq n the assessment date or this year,tatsnub properly bas been reasonably demled and is value fairly reprinted;and thatraattestµbenben— in kWthe maser mamage,quality,qu thy,orrylsc."399.5.1at(2).�CRy,�.�� C,� SIGNATURE OF OWNER OR AGENT 74.. r/^ rr�•""a^'v— DATE / // '/o 2 PHONE( ) Z/y' S�7' 2.gee, PRINT NAME OF PERSON SIGNING (`EtA E Cqr ,:94 4/✓E'- NAME OF OWNER SOCIAL SECURITY NUMBER FEDERAL EMPLOYER IDENTIFICATION NUMBER LP MAIL TO: CONFIDENTIAL ASSESSMENT DATE WELD COUNTY ASSESSOR PERSONAL PROPERTY JANUARY 1 1400 N.17th AVE GREELEY,CO 80631 DECLARATION SCHEDULE Phone(970)353-3845 (Confidential Data) DUE DATE APRIL 1 Return This Copy 2002 ASSESSOR'S USE ONLY PLEASE READ INSTRUCTIONS ON RECEIVED REVERSE SIDE BEFORE PROCEEDING COMPLETED SIGN AND RETURN THIS COPY LATE FILING FEE YES() NO() PIN NUMBER TA CODE BA CODE PARCEL NUMBER P1001996 0420 30000 080721423001 8045 3 A. NAME AND ADDRESS: SHOW CHANGES IN NAME AND ADDRESS PACKAGING CORP OF AMERICA C/O CBIZ PROPERTY TAX SOLUTIONS INC PO BOX 2798 PREVIOUS OWNER'S NAME&ADDRESS LITTLETON, CO 80161 PHYSICAL LOCATION OF THE PERSONAL PROPERTY SHOW CHANGES OF PHYSICAL LOCATION: 1201 JANUARYCORNERSTOSS EN DR WINDSOR WIN 1CS1-1 BLK 1 CORNERSTONE SUB B. BUSINESS:Start Up Date: Product or Service Type: C. BUSINESS STATUS(Please check the appropriate boxes ONLY). In accordance with 39-3-119.5,C.R.S.,you are not required to file this declaration if the total actual value(market value)of your personal property per county is$2,500 or less. If you are a first time filer or are unsure as to whether the total actual value of your personal property per county exceeds$2,500,please contact the county assessor. ❑NEW BUSINESS/ORGANIZATION. You must give a complete itemized listing of all personal property. Use the first part of Section D and attach sheet(s)if needed. ❑EXISTING BUSINESS/ORGANIZATION.Indicate ADDITIONS/DFIFTIONS to property in Section D. ❑NEW OWNER OF PREVIOUSLY EXISTING BUSINESS/ORGANIZATION. You must give a complete itemized listing ofall personal property acquired in the purchase. Include additions made prior to Jan. 1 since that purchase. ❑AS OF JANUARY 1,WERE YOU OUT OF BUSINESS? If yes,complete below: ❑Personal Property Sold O Personal Property Stored Date Sold/Stored Name of New Owner of the Personal Property PHONE # ❑PROPERTY CHANGED LOCATION TO ON(DATE) **FOR AN ACCURATE ASSESSMENT,WE MUST HAVE A COMPLETE LISTING OF PERSONAL PROPERTY.** D. LISTING OF PERSONAL PROPERTY: Note:Include ALL Expensed Assets With a Life of Greater Than 1 Year,Fully Depredated Assets Still in Use, and Stored Assets That Are Subject to IRS Depreciation. LIST ALL PERSONAL PROPERTY ACQUIRED PRIOR TO JANUARY 1. ATTACH SEPARATE SHEET(S)IF NEEDED. ITEM YEAR COMPLETE DESCRIPTION INCLUDING YOUR ORIGINAL FACTOR/ SPECIFY ITEM: MONTH& LD. ACQUIRED MODEL OR CAPACITY INSTALLED COST LIFE NEW OR USED YEAR FIRST NO. PLACED INTO SERVICE 500044 2000 MACHINE & EQUIP 78,402.00 11/10 See Attached Schedule IF NO ADDITIONS OR DELETIONS CHECK HERE U THIS RETURN IS SUBJECT TO AUDIT L 1 declare under penalty of perjury in the second deign,Nat this schedule neether with my accompanying exhibits or statements.has been narnincd by arc and to the bet of my bswkdge,information,and beticfacts forth a full and complete list of all taxable personal property owned by me or in my possession or under my control,bested in this minty in Colorado,on the asswasrmr date of this ynr,that such property has been reasonably dembed and its value fairly represented,and that no xtrnq has been made w mislead the assessor a b its ge,quality,quantity,or value-39-5-107(2).CC.jR,S/1yy�, �/ t1 SIGNATURE OF OWNER OR AGENT . R— /"" v DATE J/� 2- PHONE( ) .z_y 7,5-679/ Z 416 r PRINT NAME OF PERSON SIGNING !t C H e C N TA c.f../✓E R NAME OF OWNER SOCIAL SECURITY NUMBER _ FEDERAL EMPLOYER IDENTIFICATION NUMBER • Packaging Corporation of Rendition Summary Windsor, Colorado, America 12/31/2001 Plant# 387 Acct # P1001996 i, p. „ y k * d .,s , L e ,,,',V ��S� r �1 `s ..y 14 J '!+ �f, f ..." Ti" ffl:v ih.11,1 Ass Ass Equipment Category Year Cost %Good Value Ratio Value Computer Equipment 2001 Total $14,165.00 68.00% $9,632.20 29.00% $2,793.34 Computer Equipment 2000 Total $285,204.85 r 39.00% $111,229.89 29.00% $32,256.67 Computer Equipment 1998 Total $7,512.66 15.00% $1,126.90 29.00% $326.80 Computer Equipment 1996 Total $52,089.72 15.00% $7,813.46 29.00% $2,265.90 Furniture&Fixtures 1997 Total $6,452.44 61.00% $3,935.99 29.00% $1,141.44 Furniture&Fixtures 1996 Total $59,274.80 52.00% $30,822.90 29.00% $8,938.64 - Machinery&Equipment 2001 Total $85,708.52 93.00% $79,708.92 29.00% $23,115.59 Machinery&Equipment 2000 Total $78,401.82 85.00% $66,641.55 29.00% $19,326.05 Machinery&Equipment 1999 Total $6,134.21 77.00% $4,723.34 29.00% $1,369.77 Machinery&Equipment 1998 Total $137,738.64 69.00% $95,039.66 29.00% $27,561.50 Machinery&Equipment 1997 Total $23,095.77 61.00% $14,088.42 29.00% $4,085.64 Machinery&Equipment 1996 Total $7,849,436.37 52.00% $4,081,706.91 29.00% $1,183,695.00 Grand To I $8,605,214.80 $4,506,470.14 $1,306,876.34 Grant Thornton, LLP Confidential 4/14/2002 Page 1 /V • Packaging Corporation of America Rendition Detail 12/31/2001 Windsor, Colorado Acct # P1001996 Plant# 387 x ^ ii ^C Asset ID Description Equipment Ass Ass Plant:387 Year Class Cost %Good Value Ratio Value 1200086 CFM SALES REP LAPTOP COMPUTERS 2001 CE $2,833.00 68.00% $1,926.44 29.00% $558.67 1200087 CFM SALES REP LAPTOP COMPUTERS 2001 CE $2,833.00 68.00% $1,926.44 29.00% $558.67 1200088 CFM SALES REP LAPTOP COMPUTERS 2001 CE $2,833.00 68.00% $1,926.44 29.00% $558.67 1200089 CFM SALES REP LAPTOP COMPUTERS 2001 CE $2,833.00 68.00% $1,926.44 29.00% $558.67 1200090 CFM SALES REP LAPTOP COMPUTERS 2001 CE $2,833.00 68.00% $1,926.44 29.00% $558.67 2001 Total $14,165.00 $9,632.20 $2,793.34 1099749 CIMS-II HARDWARE/INFRASTRUCTURE 2000 CE $285,204.85 39.00% $111,229.89 29.00% $32,256.67 2000 Total $285,204.85" $111,229.89 $32,256.67 1092095 COMPUTER FOR GM 1998 CE S/o/ $5,027.49 15.00% $754.12 29.00% $218.70 1092094 LAPTOP FOR SALES REP. 1998 CE ZCZ I $2,485.17 15.00% $372.78 29.00% $108.10 1998 Total 7623 $7,512.66 $1,126.90 $326.80 1082348 LASERPOINT 1996 CE ?Scat $24,097.75 15.00% $3,614.66 29.00% $1,048.25 4090809 LANTECH ST 1996 CE /245(5' $17,747.44 15.00% $2,662.12 29.00% $772.01 61091109 TOSHIBA PO 1996 CE .5147 $5,085.67 15.00% $762.85 29.00% $221.23 /(091105 VISIONTEK 1996 CE 72-58 $1,852.78 15.00% $277.92 29.00% $80.60 /1091116 CHECK SIGN 1996 CE /totg $1,588.16 15.00% $238.22 29.00% $69.08 A091102 LASER PRNTR 1996 CE t7t$ -$1,434.22 15.00% $215.13 29.00% $62.39 /091113 TOSHIBA CD 1996 CE 791 $283.70 15.00% $42.56 29.00% $12.34 '.. 1996 Total $52,089.72 $7,813.46 $2,265.90 1091144 OFFICE FURN 1997 FF $6,452.44 61.00% $3,935.99 29.00% $1,141.44 1997 Total $6,452.44 $3,935.99 $1,141.44 1082343 STEELCASE 1996 FF /9 7</3 $27,864.44 52.00% $14,489.51 29.00% $4,201.96 1082319 CUBICALS& 1996 FF 17:37/ $16,555.63 52.00% $8,608.93 29.00% $2,496.59 1091123 OFFICE FURN 1996 FF Z992. $2,936.88 52.00% $1,527.18 29.00% $442.88 1082346 ZEROX FACS 1996 FF 3 1.00 $2,832.67 52.00% $1,472.99 29.00% $427.17 Grant Thornton, LLP Confidential 4/14/2002 Page 1 Packaging Corporation of America Rendition Detail 12/31/2001 Windsor, Colorado • Acct # P1001996 Plant# 387 3 Asset ID Description Equipment Ass Ass Plant:387 Year Class Cost %Good Value Ratio Value 1091132 3 CREDENZA 1996 FF $2,631.21 52.00% $1,368.23 29.00% $396.79 1091134 3 DESK 1996 FF $2,406.31 52.00% $1,251.28 29.00% $362.87 1091135 4 STEEL CA 1996 FF $2,165.04 52.00% $1,125.82 29.00% $326.49 1091137 6 SIDE CHA 1996 FF $1,882.62 52.00% $978.96 29.00% $283.90 1996 Total $59,274.80 $30,822.90 $8,938.64 1200146 SIMAUTICS GLUE SYSTEM 2001 ME $59,379.83 93.00% $55,223.24 29.00% $16,014.74 1200124 BATTERY HANDLING SYSTEM 2001 ME $26,328.69 93.00% $24,485.68 29.00% $7,100.85 2001 Total $85,708.52 $79,708.92 $23,115.59 1099274 KONGSBERG SAMPLE TABLE 2000 ME $78,401.82 85.00% $66,641.55 29.00% $19,326.05 2000 Total $78,401.82 $66,641.55 - $19,326.05 1094838 PVA FOAMING UNIT 1999 ME $6,134.21 77.00% $4,723.34 29.00% $1,369.77 1999 Total $6,134.21 $4,723.34 $1,369.77 1093708 PVA FOAMING UNIT 1998 ME $88,518.54 69.00% $61,077.79 29.00% $17,712.56 1092093 BULK ADHESIVE STORAGE TANK 1998 ME $49,220.10 69.00% $33,961.87 29.00% $9,848.94 1998 Total $137,738.64 $95,039.66 $27,561.50 1091143 BUNN TYERS 1997 ME $13,850.15 61.00% $8,448.59 29.00% $2,450.09 1091146 DOUBLE SCO 1997 ME $9,245.62 61.00% $5,639.83 29.00% $1,635.55 1997 Total $23,095.77 $14,088.42 $4,085.64 1082299 ASITRADE 1996 ME $2,103,825.75 52.00% $1,093,989.39 .29.00% $317,256.92 1082291 SPI600 1996 ME $1,582,299.12 52.00% $822,795.54 29.00% $238,610.71 1082324 BOBST SPU 1996 ME $1,007,956.99 52.00% $524,137.63 29.00% $151,999.91 1082292 DOMINO FOL 1996 ME $759,247.77 52.00% $394,808.84 29.00% $114,494.56 1082349 S FACE& 1996 ME $502,020.96 52.00% $261,050.90 29.00% $75,704.76 Grant Thornton, LLP Confidential 4/14/2002 Page 2 N Packaging Corporation of America Rendition Detail 12/31/2001 Windsor, Colorado Acct # P1001996 Plant# 387 3 ' _ L Asset ID Description Equipment Ass Ass Plant:387 Year Class Cost %Good Value Ratio Value 1091124 ASITRADE 1996 ME $184387.63 52.00% $95,881.57 29.00% $27,805.65 1082315 EASYPRESS 1996 ME $165,131.66 52.00% $85,868.46 29.00% $24,901.85 1082342 MARQUIP IM 1996 ME $129,820.15 52.00% $67,506.48 29.00% $19,576.88 1082350 F-FLUTE RO 1996 ME $111,702.17 52.00% $58,085.13 29.00% $16,844.69 1082296 TRANSCOR S 1996 ME $105,034.68 52.00% $54,618.03 29.00% $15,839.23 1082300 CLAYTON El 1996 ME $93,191.24 52.00% $48,459.44 29.00% $14,053.24 1082322 LASERCOMB 1996 ME $92,244.41 52.00% $47,967.09 29.00% $13,910.46 1082325 ADD SCRAP 1996 ME $88,422.01 52.00% $45,979.45 29.00% $13,334.04 1082337 SERCO SPLI 1996 ME $73,744.11 52.00% $38,346.94 29.00% $11,121161 1082323 NISSANFO 1996 ME $60,819.24 52.00% $31,626.00 29.00% $9,171.54 1082298 DONAHUEYP 1996 ME $57,703.28 52.00% $30,005.71 29.00% $8,701.65 1082317 GLUE SYST 1996 ME $53,585.70 52.00% $27,864.56 29.00% $8,080.72 1086662 ASITRADE P - 1996 ME $45,522.50 52.00% $23,671.70 29.00% $6,864.79 1082341 CHASE LOAD 1996 ME $44,903.00 52.00% $23,349.56 29.00% $6,771.37 1082326 ADDITION E 1996 ME $44,772.06 52.00% $23,281.47 29.00% $6,751.63 1082281 SHREDDER 1996 ME $40,982.56 52.00% $21,310.93 29.00% $6,180.17 1082318 BOBST READ 1996 ME $38,089.92 52.00% $19,806.76 29.00% $5,743.96 1091125 CONVEYING 1996 ME $37,055.24 52.00% $19,268.72 29.00% $5,587.93 1082282 KWIK DIE C 1996 ME $33,684.29 52.00% $17,515.83 29.00% $5,079.59 1091112 MOISTURE M 1996 ME $26,335.31 52.00% $13,694.36 29.00% $3,971.36 1091093 SULLAIR AI 1996 ME $26,162.73 52.00% $13,604.62 29.00% $3,945.34 1082301 NISSAN FO 1996 ME $25,724.79 52.00% $13,376.89 29.00% $3,879.30 1082293 LASERCOMB 1996 ME $25,060.21 52.00% $13,031.31 29.00% $3,779.08 1082327 NISSAN FO 1996 ME $24,628.17 52.00% $12,806.65 29.00% $3,713.93 1082340 DOMINO DEL 1996 ME $19,322.31 52.00% $10,047.60 29.00% $2,913.80 1082311 SPIRAL STR 1996 ME $18,004.92 52.00% $9,362.56 29.00% $2,715.14 1082329 LASERCOMB 1996 ME $17,377.43 52.00% $9,036.26 29.00% $2,620.52 1082330 INTERLAKE 1996 ME $17,065.36 52.00% $8,873.99 29.00% $2,573.46 1091126 BALER 1996 ME $15,438.63 52.00% $8,028.09 29.00% $2,328.15 1082309 JIG KING D 1996 ME $14,947.40 52.00% $7,772.65 29.00% _ $2,254.07 1082285 BLACKHAWK 1996 ME $14,565.84 52.00% $7,574.24 29.00% $2,196.53 1090812 CONVEYOR F 1996 ME $14,268.79 52.00% $7,419.77 29.00% $2,151.73 1091127 AIR COMPR 1996 ME $13,308.13 52.00% $6,920.23 29.00% $2,006.87 1091115 E FLUTE CO 1996 ME $13,015.08 52.00% $6,767.84 29.00% $1,962.67 1082290 KITS FROM 1996 ME $12,902.43 52.00% $6,709.26 29.00% $1,945.69 Grant Thornton, LLP Confidential 4/14/2002 Page 3 Packaging Corporation of America Rendition Detail 12/31/2001 Windsor, Colorado Acct# P1001996 Plant# 387 Asset ID Description Equipment Ass Ass Plant:387 -Year Class Cost V.Good Value Ratio Value 1082339 FGLUER NON 1996 ME $12,839.16 52.00% $6,676.36 29.00% $1,936.15 1082283 SCORE BOAR 1996 ME $12,694.79 52.00% $6,601.29 29.00% $1,914.37 1091108 KB 20 HOT 1996 ME $12,145.31 52.00% $6,315.56 29.00% $1,831.51 1082286 BLACKHAWK 1996 ME $11,841.44 52.00% $6,157.55 29.00% $1,785.69 1091106 CONVEYOR F 1996 ME $11,790.48 52.00% $6,11.05 29.00% $1,778.00 1091128 BANDS SAW H 1996 ME $10,091.24 52.00% $5,247.44 29.00% $1,521.76 1091110 SCISSOR LI 1996 ME 57,311.84 52.00% $3,802.16 29.00% $1,102.63 1091114 E FLUTE CO 1996 ME $6,580.66 52.00% $3,421.94 29.00% $992.36 1083867 2 DESK 2 DR 1996 ME $2,144.16 52.00% $1,114.96 29.00% $323.34 1082331 6 BURGUNDY 1996 ME $2,068.98 52.00% $1,075.87 29.00% $312.00 1091136 24 STACKER 1996 ME $1,917.99 52.00% $997.35 29.00% $289.23 1082287 CAM 3 NEW 1996 ME $1,889.59 52.00% $982.59 29.00% $284.95 1082310 GERARD HAN 1996 ME $1,846.76 52.00% $960.32 29.00% $278.49 1996 Total $7,849,436.37 $4,081,706.91 $1,183,695.00 Grand Total $8,605,214.80 $4,506,470.14 $1,306,876.34 Grant Thornton, LLP Confidential 4/14/2002 Page 4 Grant Thornton T Accountants and Management Consultants RECEIVED January 13, 2003 JAN 1 6 2063 Mary Hazen WELD COUNTY ASSESSOR Personal Property Division Greele , Colorado Weld County Assessor's Office 1400 N. 17th Avenue Greeley, CO 80631 • RE: Packaging Corporation of America ("PCA") Dear Mary: Per our conversations regarding filing an amended return for PCA, I have attached the amended return and a copy of the return as originally filed for tax year 2002. As you may recall, PCA mistakenly provided us with an asset listing that listed the assets with their purchase years rather than their original years. The amended return has been corrected to illustrate the proper years in which to classify the assets. Should you have any questions regarding this matter, please do not hesitate to contact me at (214) 561-2461. Sincerely, notAn 71 Reuben Talaiver Senior Tax Consultant Suite 500 1717 Main Street Dallas,TX 75201 T 214.561.2300 F 214.561.2370 W www.grantthornton.c Enclosures (2) Grant Thornton LLP US Member of Grant Thornton International ' 1 Packaging Corporation of America Amended Rendition Summary 12/31/2001 Windsor, Colorado Acct # P1001996 Plant #387 • y� } � ..Z_'?..i�tit. M.Y1�ft..S..sA. ak.: Equipment - Ass Ass Year Class Cost %Good Value Ratio Value 2001 Total CE $14,165.00 6800% $9,632.20 29.00% $2,793.34 2000 Total CE $285,204.85 39.00% $111,229.89 29.00% $32,256.67 1998 Total CE $7,623.08 15.00% $1,143.46 29.00% $331.60 1996 Total CE $7,156.00 15.00% $1,073.40 29.00% $311.29 1995 Total CE $16,021.00 15.00% $2,403.15 29.00% $696.91 1993 Total CE $35,581.00 15.00% $5,337.15 29.00% $1,547.77 1996 Total FF $2,992.00 52.00% $1,555.84 29.00% $451.19 1993 Total FF $3,100.00 29.00% $899.00 29.00% $260.71 1992 Total FF $19,143.00 23.00% $4,402.89 29.00% $1,276.84 1991 Total FF $11,374.00 15.00% $1,706.10 29.00% $494.77 2001 Total ME $85,708.52 93.00% $79,708.92 29.00% $23,115.59 2000 Total ME $78,401.82 85.00% $66,641.55 29.00% $19,326.05 1999 Total ME $6,393.18 77.00% $4,922.75 29.00% $1,427.60 1996 Total ME $143,428.11 69.00% $98,965.40 29,00% $28,699.96 ,.?996 Total ME $68,600.00 52.00% $35,672.00 29.00% $10,344.88 1995 Total ME $19,988.00 44.00% $8,794.72 29,00% $2,550.47 rR 7994 Total ME $32,269.00 36.00% $11,616.84 29.00% $3,368.88 Y' 1993 Total ME $439,030.00 29.00% $127,318.70 29.00% $36,922.42 1992 Total ME $199,948.00 23.00% $45,988.04 29.00% $13,336.53 1991 Total ME $1,039,028.00 15.00% $155,854.20 29.00% $45,197.72 .1990 Total ME $155,836.00 15.00% $23,375.40 29.00% $6,778.87 w 1989 Tota! ME $3,548,219.00 15.00% $532,232.85 29.00% $154,347.53 tua J 1986 Total ME $53,200.00 15.00% $27,664.00 29.00% $8,022.56 �C Grand Total $6,272,409.56 $1,358,138.45 $393,860.15 tin O Grant Thornton, LLP Confidential 1/13/2003 Page 1 Packaging Corporation of America Amended Rendition Detail 12/31/2001 Windsor, Colorado • Acct # P1001996 Plant# 387 t ,, A t 3 1p Asset ID Equipment Ass Ass Plant:387 Description Year Class Cost %Good Value Ratio Value 1200086 CFM SALES REP LAPTOP COMPUTERS 2001 CE $2,833.00 68.00% $1,926.44 29.00% $558.67 1200087 CFM SALES REP LAPTOP COMPUTERS 2001 CE $2,833.00 68.00% $1,926.44 29.00% $558.67 Ur 1200088 CFM SALES REP LAPTOP COMPUTERS 2001 CE $2,833.00 68.00% $1,926.44 29.00% $558.67 1200089 CFM SALES REP LAPTOP COMPUTERS 2001 CE $2,833.00 68.00% $1,926.44 2900% $558.67 1200090 CFM SALES REP LAPTOP COMPUTERS 2001 CE $2,833.00 68.00% $1,926.44 29.00% $558.67 2001 Total $14,165.00/ $9,632.20 $2,793.34 1099749 CIMS-II HARDWARE/INFRASTRUCTURE 2000 CE $285,204.85 39.00% $111,229.89 29.00% $32,256.67 2000 Total $285,204.85-' - $111,229.89 $32,256.67 CSC1092095 COMPUTER FOR GM 1998 CE 55,101.39 15.00% $765.21 29.00% $221.91 C 1092094 LAPTOP FOR SALES REP. 1998 CE $2,521.69 15.00% $378.25 29.00% $109.69 1998 Total $7,623.08/ $1,14346 $331.60 1091109 TOSHIBA PO 1996 - CE $5,247.000' 15.00% $787.05 29.00% $228.24 OC-1091116 CHECK SIGN 1996 CE $1,618.00° 15.00% $242.70 29.00% $70.38 iA10911.43-o TOSHIBA CD 1996 CE $291.00 15.00% $43.65 29.00% $12.66 1996 Total $7,156.00 $1,073.40 $311.29 41090809 LANTECH ST 1995 CE $12,645.00 15.00% $1,896.75 29.00% $550.06 04- /1091102 LASERPRNTR 1995" CE $2,118.00 15.00% $317.70 29.00% $92.13 /1091105 VISIONTEK 1995' CE $1,258.00 15.00% $180.70 29.00% $54.72 r> 1995 Total $16,021'.00 / $2,403.15 $696.91 C az_1082348 LASERPOINT 1993 CE $35,581.00 15.00% $5,337.15 2900% $1,547.77 'a'7Cyr~� 1993 Total $35,581.00 1 $5,337.15 $1,547.77 ill etc_1091123 OFFICE FURN 1996 - FF $2,992.00 52.00% $1,555.84 29.00% $451.19 Z1996 Total $2,992.00 $1555.84 $451.19 a r O Grant Thornton,LLP Confidential 1/13/2003 Page 2 H Packaging Corporation of America Amended Rendition Detail 12/31/2001 Windsor, Colorado Acct It P1001996 Plant 8 387 �r c' d lr ED ?if:? r I' -t Asset ID Equipment Ass Ass Plant:387 Description Year Class Cost %Good Value Ratio Value odC-1082346 ZEROX FACS 1993 FF $3,100.00'29.00% $899.00 29.00% $260.71 1993 Total $3,100.00 $899.00 $260.71 *1082343 STEELCASE 1992 FF $19,143.00 .23.00% $4,402.89 29.00% $1,276.84 • 1992 Total $19,143.00/ $4,402.89 $1,276.84 1082319 CUBICALS& 1991 FF $11,374.00 15.00% $1,706.10 29.00% $494.77 1991 Total $11,374.00• $1,706.10 $494/7 1200146 SIMAUTICS GLUE SYSTEM 2001 ME $59,379.83/93.00% $55,22324 29.00%OF-1200124 BATTERY HANDLING SYSTEM 2001 ME $26,328.69/93.00% $24,485.68 29.00% $7,100.85 2001 Total $85,70852 $79,708.92 $23,115.59 6-1099274 KONGSBERG SAMPLE TABLE 2000 ME $78,401.82'05.00% $66,641.55 29.00% $19,326 05 2000 Total $78,401.82 $66,641.55 $19,32605 841094838 PVA FOAMING UNIT 1999 ME $6,393.18 77.00% $4,922.75 29.00% $1,427.60 1999 Total $6,393.10" $4,922.75 $1,427.60 ad 1093708 PVA FOAMING UNIT 1998 ME $92,222.61' 69.00% $63,633.60 29.00% $18,453.74 Ue1092093 BULK ADHESIVE STORAGE TANK 1998 ME $51,205.50. 69.00% $35,331.80 29.00% $10,246.22 ((�/� 1998 Total $143,428.11 $98,965.40 $28,699.96 V� j 1091112— MOISTUREM 1996 ME $27,013.00" 52.00% $14,046.76 29.00% $4,073.56 1091115.. E FLUTE CO 1996 ME 513,350.00, 52.00% $6,942.00 29.00% $2,013.18 1091100.. %020 HOT 1996 ME $12,522.00, 52.00% $6,511.44 29.00% $1,888.32 O` 1091110 SCISSOR LI 1996 ME $7,500.00, 52.00% $3,900.00 29.00% $1,131.00 trl 1091114." E FLUTE CO 1996 ME $6,750.00, 52 00% $3,510.00 29.00% $1,017.90 6 1083867... 2 DESK 2 DR 1996 ME $1,465.00• 52.00% $761.80 29.00% $220.92 1996 Total $68,600.00 $35,672.00 $10,344.88 M d Grant Thornton,LLP Confidential 1/13/2003 Page 3 `V Packaging Corporation of America Amended Rendition Detail 12/31/2001 Windsor, Colorado Acct# P1001996 Plant# 387 i¢ a� l fi, TO Z Asset ID Equipment Ass Ass Plant 387 Description Year Class Cost %Good Value Ratio Value 1091106 CONVEYOR F— 1995 ME $10,167.00/44.00% $4,473.48 29.00% $1,297.31 1090812 CONVEYOR F" q 1995 ME 8401.0 4. 44.00% $3,696.44 29.00% $1,071.97 1091093 SULLAIR Al— n1 1995 ME $1,420.00/ 44.00% $624.80 29.00% $181.19 4J _____.-9995 TWa $1 ,9 . 0 $8,794.72 $2,550.47 0.41086662 ASITRADEP 1994 ME $32,269.00/36.00% $11,616.84 29.00% $3,368.88 1994 Total $32,269.00 $11,616.84 $3,368.88 1082349 S FACE 8 - ' 1993 ME $359,850.00/29.00% $104,356.50 29.00% $30,263.39 0082350 F-FLUTERO - 1993 ME $79,180.00/29.00% $22,962.20 29.00% $6,659.04 1993 Total $439,030.00 $127,318.70 $36,922.42 1082342 MAROUIPIM" 1992 ME $92,497.00/23.00% $21,274.31 29.00% 36;169.55 1082337 SERCOSPLI " 1992 ME ;52,543.0023.00% $12,084.89 29.00% $3,504.62 1082341 CHASE LOAD" 1992 ME $31,993.00 23.00'/ $7,358.39 29.00% $2,133.93 tr 1082340 DOMINO DEL / 1992 ME $13,767.00'.23.00% $3,166.41 29.00% $918.26 1082339 FGLUER NON" 1992 ME $9,148.00/ 23.00% $2,104.04 29.00% $610.17 1992 Total $199,948.00 $45,988.04 $13,33653 1082324 BORSTSPU` 1991 ME $775,000.00/ 15.00% $116,250.00 29.00% $33,712.50 1082322 LASERCOMB" 1991 ME $65,724.00" 15.00% $9,858.60 29.00% $2,858.99 A 1082325 ADD SCRAP" 1991 ME $63,001.00" 15.00% $9,450.15 29.00% $2,740.54 p 1082326 ADDITION E ` 1991 ME 531,900.00/ 15.00% $4,785.00 29.00% $1,387.65 Cl, 1082318 BOBST READ• 1991 ME 527,000.00/ 15.00% $4,050.00 29.00% $1,174.50 `7082329 LASERCOMB/ 1991 ME 525,658.0W 15.00% $3,848.70 29.00% $1,116.12 • 1082327 NISSAN FO/ 1991 ME $20678. 15.00% $3,101.70 29.00% $899.49 1082323 NISSANFO/ `�,t,l 1991 ME 16,487.0 15.00% $2.473.05 29.00% $717.18 $528.92 t 002330 INTERLAKE 1991 ME $12,159.00, 15.00% $1,823.85 29.00% 1082331 6 BURGUNDY 1991 ME $1,421.00/ 15.00% $213.15 29.00% $61.81 till 1991 Total $1,039,028.00 $155,854.20 $45,197.72 2 _ cite-Di es 11822331157 EASYPRESS 1990 ME $117,656.00/ 15.00% $17,648.40 29.00% $5,11804 (J-1082317 GLUE SVST'' 1990 ME $38,180.00T 15.00% $5,72200 29.00% $1,660.83 rn 1990 Total $155,836.00 $23,375.40 $6,778.87 C7 Grant Thornton,LLP Confidential 1/13/2003 Page 4 Packaging Corporation of America Amended Rendition Detail 12/31/2001 Windsor, Colorado A �cc ctt# P1001996 Plant#387 4 Asset ID Equipment Ass Ass Plant:387 Description �./� Year Class %Good Value Ratio Value 1082299 ASITRADE' tSaPaZg1- 1989 ME '.1400,000.x1 15.00% 5210,000.00 29.00% $60,900.00 1082291 SPI600 '' L t33 03 w 1989 ME $1,200,000.0 15.00% $180,000.00 29.00% $52,200.00 1082292 DOMINO FOLD 1989 ME ,x :.00'`15.00% $81,608.70 29.00% $23,666.52. 1082283 SCORE BOAR •• 1989 ME $86,74100 15.00% $13,011.15 29.00% $3,773.23 1082296 TRANSCORS' 1989 ME $74,837.000 15.00% $11,225.55 29.00% $3,255.41 1082300 CLAYTON El-" 1989 ME $66,779.00' 15.00% $10,016.85 29.00% $2,904.89 1082301 NISSAN FO- 1989 ME $43,204.00' 15.00% $6,480.60 29.00% $1,879.37 it 1082298 DONAHUE/YP, 1989 ME $41,114.00/ 15.00% $6,167.10 29.00% $1,788.46 U 1082293 LASERCOMB' 1989 ME $37,446.00 15.00% $5,616.90 29.00% $1,628.90 1082311 SPIRAL STR- 1989 ME $12,829.00, 15.00% $1,924.35 29.00% $558.06 1082309 JIG KING D- 1989 ME $10,650.00/ 15.00% $1,597.50 29.00% $463.28 1082285 BLACKHAWKr 1989 ME $10,378.00 15.00% $1,556.70 29.00% $451.44 1082290 KITS FROM - 1989 ME $9,193.000 15.00% $1,378.95 29.00% $399.90 1082286 BLACKHAWK-r 1989 ME $8,437.00" 15.00% $1,265.55 29.00% $367.01 1082287 GSM 3NEW'-' 1989 ME $1,291.00' 15.00% $193.65 29.00% 556.16 1082310 GERARD HAN— 1989 ME $1,262.00' 15.00% $189.30 29.00% $54.90 1989 Total $3,548,219.00 $532,232.85 $154,347.53 01082281 SHREDDER— 1988 ME $29 200.00 I-15.00% $4,380.00 29.00% $1,270.20 1082282 KWIK DIE - - 1988 ME $24,000.00 15.00% $3,600.00 29.00% $1,044.00 1988 Total $53,200.00" $7,980.00 $2,314.20 Grand Total $6,272,409.56 $1,338,454.45 $388,151.79 rill z d rn d • N.) Grant Thornton,LLP Confidential 1/13/2003 Page 5 h`EB. 7.2003 4:57PM 214 561 2363 NO.206 P.1 Grant Thomism IlP • • The US Member Firm of GrantThornton International - 1717 Main Street,Suit 500 • Dates,Texas 75201 214 5fi1-2300 Direct 214.561-2370 Fax Grant Thornton s Fax cover sheet To: LtJ/4-VA1C ' tedr)4 ' • - Feac 9'70 -3 — oil 33 • From: • • .. ;�� F -02//6- Date: ge/ /o3 . `� Pager, ` 2 -PM Kud.(,-tNlr Co;Tor a+L o.v Q ' phAkentca. $e: > g — fini woeo lee elk r.4) '10UL Og is 9:23Db( • 04; �+ am—ft r,�-maAdie fr Li.fizekt_ #44, c.4e sAe. A/frt. . uu2e._ tt t-(- i-rigs Confidentially note: The information contained In the facsimile message may be prMlogod end mnNdentiat information Intend y krth use of the individual or entity named above. If the reader of tlris massage Is not the blended recipient,you am hereby notified that any • dissemination,thanks/Son or copy of this is strictly prohthited,If you have received this Sewpy In error, please Immediately notify us by telephone and return the original message to us at the address above we the United Slates Pagel Service.Thank vdu. '( FEB. 7.2003 4:SERI 214 561 2363 NO.206 P.2 _ • rt—f C7/e" / 02 57j) Assaf ID Description Equipment Ass ' Ass ascription Year Class Cost %Good Value Ratio Value 04091144 OFFICE FURN-'1997 FF $ 8,452.44 61.00% $ 3,935.99 29.00% $ 1,141.44 ' 51091132 3 CREDENZA 1996 FF $ 2,631.21 52.00% $ 1,368.23 29.00% 5 396,79 1091134 3 DESK 1996 , f,S/ FF S 2,406.31 52.00% $ 1,251.28 29.00% $ 362.87 (3 -�`1091135 4 STEEL CA 1996 // FF $ 2,165.04 52.00% $ 1,125.82 29.00% $ 326.49 1091137 6 SIDE CHA 1996 FF $ 1,882.82 52.00% $ 978.96 29.00% $ 283.90 b,L4'1091143 BUNN TYERS 1997 ME the 1091148 DOUBLE SCO 1997 $ 13,245,62) 61.00% $ 8,448.59 29.00%% $ 2,450.09 ME $ 9,245,62 61.00% $ 5,639.63 29.00% $ 1,635.55 1091124 ASITRADE" 1996 ME $ 164,387.63\ 5200% $ 95,861.57 29.00% $ 27,805.65 1091125 CONVEYING - 1996 ME $ 37,055.24 y. 52.00% $ 19,265.72 29.00% $ 5,587.93 1091126 BALER 1996 ME $ 15,438.63 UV 52.00% $ 8,028.09 29.00% $ 2,328.15 1091127 AIR COMPR^ 1996 ME $ 13,308.13 rj 52.00% $ 6,920.23 29.00% $ 2,006,57 1091128 BANDS SAW H-1998 ME $ 10,091.24 'S 52.00% $ 5,247.44 29.00% $ 1,521.76 1091136 24 STACKER- 1998 ME S 1,9 ti 52.00% $ 997.35 29.00% $ 289.23 1091093 SULLAIRAI 1995 ME $ ,420.0 44, $ 824.80 29.00% $ 181.19 1082323 NISSANFO 1991 -, ME $ 16,487,0 15.00% 2,473.05 29.00% $ 717.18 CI ckiki9..< atArleCt u ve 72 _ 1 ' Plant 387 2002 Detail of Business 1 1201 Cornerstone Drive Personal Property I Windsor, Co. I pewit I I Asset % Appr Ass Ass I Equipment Category Year Class Cost RCN Good Value % Value 3 Year Computer Equipment 2001 Total CE $14,165 1.00 52% $7,366 29% $2,136 3 Year Computer Equipment 2000 Total CE $285,205 1.00 31% $88,414 29% $25,640 I 3 Year Computer Equipment 1998 Total CE $7,623 1.00 7% $534 29% $155 3 Year Computer Equipment 1993 Total CE $3,100 1.00 7% $217 29% 863 I 4 Year Computer Equipment 1996 Total CE $1,618 1.00 7% $113 29% $33 I 4 Year Computer Equipment 1995 Total CE $16,021 1.00 7% $1,121 29% $325 4 Year Computer Equipment 1993 Total CE $35,581 1.00 7% $2,491 29% $722 I 10 Year Furniture&Fixtures 2000 Total FF $78,402 1.01 85% $67,308 29% $19,519 I 10 Year Furniture&Fixtures 1996 Total FF $9,444 1.05 52% $5,157 29% $1,495 10 Year Furniture&Fixtures 1994 Total FF $1,465 1.10 36% $580 29% $168 I 10 Year Furniture&Fixtures 1992 Total FF 819,143 1.14 23% $5,019 29% $1,456 . 10 Year Furniture&Fixtures 1991 Total FF $12,795 1.15 15% $2,207 29% $640 I 10 Year Furniture&Fixtures 1987 Total FF $6,226 1.05 15% $961 29% $284 I 10 Year Machinery&Equipment 2001 Total ME $85,709 1.00 93% $79,709 29% $23,116 10 Year Machinery&Equipment 1999 Total ME $6,393 1.02 74% $4,826 29% $1,399 I 10 Year Machinery&Equipment 1998 Total ME $143,428 1.02 69% $100,945 29% $29,274 10 Year Machinery&Equipment 1997 Total ME $23,794 1.02 61% $14,805 29% $4,293 10 Year Machinery&Equipment 1996 Total ME $256,770 1.03 52% $137,526 29% $39,882 I 10 Year Machinery&Equipment 1995 Total ME $32,277 1.04 44% $14,770 29% $4,283 10 Year Machinery&Equipment 1994 Total ME $32,269 1.09 38% $12,662 29% $3,672 a 10 Year Machinery&Equipment 1993 Total ME $439,030 1.12 29% $142,597 29% $41,353 10 Year Machinery&Equipment 1992 Total ME $199,948 1.13 23% $51,966 29% - $15,070 I 10 Year Machinery&Equipment 1991 Total ME $959,121 1.13 15% $162,571 29% $47,146 10 Year Machinery&Equipment 1990 Total ME $182,836 1.15 15% $31,539 29% $9,146 I 10 Year Machinery&Equipment 1989 Total ME $3,512,387 1.17 15% $616,424 29% $178,763 10 Year Machinery&Equipment 1988 Total ME $53,200 1.24 15% $9,895 29% $2,870 I 10 Year Machinery&Equipment 1987 Total ME $52,883 1.31 15% $10,392 29% $3,014 I Grand Total $6,470,833 $1,572,134 $455,918 I I 2001 Rendered $6,760,427 Deletions $585,121 I Additions $290,714 2002 Rendered $6,470,833 4 Difference ($4,813) 1 I 1 I I Grant Thornton LLP Confidential 6/10/2003 Page 1 7 -S Plant 387 2002 Detail of Business ***Additions are Highlighted in Yellow 1201 Cornerstone Drive Personal Property Windsor, Co. Plant:387 Asset % Appr Ass Ass Asset ID Description Year Class Cost RCN Good Value % Value 1200086 CFM SALES REP LAPTOP COMPUTERS 2001 CE $2,833 1.00 52% $1,473 29% $427 1200087 CFM SALES REP LAPTOP COMPUTERS 2001 CE $2,833 1.00 52% $1,473 29% $427 1200088 CFM SALES REP LAPTOP COMPUTERS 2001 CE $2,833 1.00 52% $1,473 29% $427 1200089 CFM SALES REP LAPTOP COMPUTERS 2001 CE $2,833 1.00 52% $1,473 29% $427 1200090 CFM SALES REP LAPTOP COMPUTERS 2001 CE $2,833 1.00 52% $1,473 29% 1427 2001 Total $14,165 $7,366 $2,136 1099749 CIMS-II HARDWARE/INFRASTRUCTURE 2000 CE $285,205 1.00 31% $88,414 29% $25,640 2000 Total $285,205 $88,414 $25,640 1092095 COMPUTER FOR GM 1998 CE $5,101 1.00 7% $357 29% $104 1092094 LAPTOP FOR SALES REP. 1998 CE $2,522 1.00 7% $177 29% $51 1998 Total $7,623 $534 $155 1082346 ZEROX FACS 1993 CE $3,100 1.00 7% $217 29% $63 1993 Total $3,100 $217 $63 1091116 CHECK SIGN 1996 CE $1,618 1.00 7% $113 29% $33 1996 Total $1,618 $113 $33 1090809 LANTECH ST 1995 CE $12,645 1.00 7% $885 29% $257 1091102 LASER PRNTR 1995 CE $2,118 1.00 7% $148 29% $43 1091105 VISIONTEK 1995 CE $1,258 1.00 7% $88 29% $26 1995 Total $16,021 $1,121 $325 1082348 LASERPOINT 1993 CE $35,581 1.00 7% $2,491 29% 1222 1993 Total $35,581 $2,491 $722 1099274 KONGSBERG SAMPLE TABLE 2000 FF $78,402 1.01 85% $67,308 29% $19,519 2000 Total $78,402 $67,308 $19,519 1091144 OFFICE FURN 1996 FF $6,452 1.05 52% $3,523 29% $1,022 N Grant Thornton LLP Confidential 611012003 Page 1 • Plant 387 2002 Detail of Business ***Additions are Highlighted in Yellow 1201 Cornerstone Drive Personal Property Windsor, Co. pot Plant:387 Asset % Appr Ass Ass Asset ID Description Year Class Cost RCN Good Value % Value 1091123 OFFICE FURN 1996 FF $2,992 1.05 52% $1,634 29% $474 1996 Total $9,444 $5,157 $1,495 1083867 2 DESK DR 1994 FF $1,465 1.10 36% $560 29% $168 1994 Total $1,465 $580 $168 1082343 STEELCASE 1992 FF $19,143 1.14 23% $5,019 29% $1,456 1992 Total $19,143 $5,019 $1,456 1082319 CUBICALS& 1991 FF $11,374 1.15 15% $1,962 29% $569 1082331 6 BURGUNDY 1991 FF $1,421 1.15 15% $245 29% $71 1991 Total $12,795 $2,207 $640 1091132 3 CREDENZA 1987 FF $1,808 1.05 15% $285 29% $83 1091134 3 DESK 1987 FF $1,653 1.05 15% $260 29% $76 1091135 4 STEEL CA 1987 FF $1,487 1.05 15% $234 29% $68 1091137 6 SIDE CHA 1987 FF $1,278 1.05 15% $201 29% $58 1967 Total $6,226 $981 $284 1200146 SIMAUTICS GLUE SYSTEM . 2001 ME $59,380 1.00 93% $55,223 29% $16,015 1200124 BATTERY HANDLING SYSTEM 2001 ME $26,329 1.00 93% $24,486 29% $7,101 2001 Total $85,709 $79,709 $23,116 1094838 PVA FOAMING UNIT 1999 ME $6,393 1.02 74% $4,826 29% $1,399 1999 Total $6,393 $4,828 $1,399 1093708 PVA FOAMING UNIT 1998 ME $92,223 1.02 69% $64,906 29% $18,823 1092093 BULK ADHESIVE STORAGE TANK 1998 ME $51,206 1,02 69% $36,038 29% $10,451 1998 Total $143,428 $100,945 $29,274 V Grant Thornton LLP Confidential 6/10/2003 Page 2 MI ® NE Nil W IN IN ill tit fit IN NO Nil NI NW IIII fill IN Nil NI IN IN t® ill NI WM trill Itil ® IN IN Si Plant 387 2002 Detail of Business ***Additions are Highlighted in Yellow • 1201 Cornerstone Drive Personal Property Windsor, Co. Plant:387 Asset % Appr Ass Ass Asset ID Description Year Class Cost RCN Good . Value % Value 1091143 BUNN TYERS 1997 ME $14,294 1.02 61% $8,894 29% $2,579 1091146 DOUBLE SCO 1997 ME $9,500 1.02 61% $5,911 29% 1 714 1997 Total $23,794 $14,805 $4,293 1091124 ASITRADE 1996 ME $184,388 1.03 52% $98,758 29% $28,640 1091112 MOISTURE M 1996 ME $27,013 1.03 52% $14,468 29% $4,196 1091115 E FLUTE CO 1996 ME $13,350 1.03 52% $7,150 29% $2,074 1091108 KB 20 HOT 1996 ME $12,522 1.03 52% $6,707 29% $1,945 1091110 SCISSOR LI 1996 ME $7,500 1.03 52% $4,017 29% $1,165 1091114 E FLUTE CO 1996 ME $6,750 1.03 52% $3,615 29% $1,048 1091109 TOSHIBA PO 1996 ME $5,247 1.03 52% $2,810 29% $815 1996 Total $256,770 $137,526 $39,882 1091093 SULLAIR AI 1995 ME $13,709 1.04 44% $6,273 29% $1,819 1091106 CONVEYOR F 1995 ME $10,167 1.04 44% $4,652 29% $1,349 1090812 CONVEYOR F 1995 ME $8,401 1.04 44% $3,844 29% $1,115 1995 Total $32,277 $14,770 $4,283 1086862 ASITRADE P 1994 ME $32,269 1.09 36% $12,662 29% $3,672 1994 Total $32,269 $12,662 $3,672 1082349 5 FACE& 1993 ME $359,850 1.12 29% $116,879 29% $33,895 1082350 F-FLUTE RO 1993 ME $79,180 1.12 29% $25,718 29% $7,458 1993 Total $439,030 $142,597 $41,353 1082342 MARQUIP IM 1992 ME $92,497 1.13 23% $24,040 29% $6,972 1082337 SERCOSPLI 1992 ME $52,543 1.13 23% $13,656 29% $3,960 1082341 CHASE LOAD 1992 ME $31,993 1.13 23% $8,315 29% $2,411 1082340 DOMINO DEL 1992 ME $13,767 1.13 23% $3,578 29% $1,038 1082339 FGLUER NON 1992 ME $9,148 1.13 23% $2,378 29% $689 1992 Total $199,948 $51,966 $15,070 Grant Thornton LLP Confidential 6/10/2003 Page 3 as a ass as as as as as a la ta s is ai si is i ii it 11 hi ill ii id il II ii li &I IS ii • Plant 387 2002 Detail of Business ***Additions are Highlighted in Yellow 1201 Cornerstone Drive Personal Property Windsor, Co. Plant:387 Asset % Appr Ass Ass Asset ID Description Year Class Cost RCN Good Value % Value 1082324 BOBST SPU 1991 ME $722,506 1.13 15% $122,465 29% $35,515 1082322 LASERCOMB 1991 ME $65,724 1.13 15% $11,140 29% $3,231 1082325 ADD SCRAP 1991 ME $63,001 1.13 15% $10,679 29% $3,097 1082326 ADDITION E 1991 ME $31,900 1.13 15% $5,407 29% $1,568 1082329 LASERCOMB 1991 ME $25,658 1.13 15% $4,349 29% $1,261 1082327 NISSAN FO 1991 ME $20,678 1.13 15% $3,505 29% $1,016 1082323 NISSANFO 1991 ME $17,495 1.13 15% $2,965 29% $860 1082330 INTERLAKE 1991 ME $12,159 1.13 15% $2,061 29% 598 1991 Total $959,121 $162,571 $47,146 1082315 EASYPRESS 1990 ME $117,656 1.15 15% $20,296 29% $5,886 1082317 GLUE SYST 1990 ME $38,180 1.15 15% $6,586 29% $1,910 1082318 BOBST READ 1990 ME $27,000 1.15 15% $4,658 29% $1,351 1990 Total $182,836 $31,539 $9,146 1082299 ASITRADE 1989 ME $1,508,028 1.17 15% $264,659 29% $76,751 1082291 SPI600 1989 - ME $1,133,836 1.17 15% $198,988 29% $57,707 1082292 DOMINO FOL 1989 ME $544,058 1.17 15% $95,482 29% $27,690 . 1082296 TRANSCOR S 1989 ME $74,837 1.17 15% $13,134 29% $3,809 1082300 CLAYTON El 1989 ME $66,779 1.17 15% $11,720 29% $3,399 1082301 NISSAN FO 1989 ME $43,204 1.17 15% $7,582 29% $2,199 1082298 DONAHUEIYP 1989 ME $41,114 1.17 15% $7,216 29% $2,092 1082293 LASERCOMB 1989 ME $37,446 1.17 15% $6,572 29% $1,906 1082311 SPIRALSTR 1989 ME $12,829 1.17 15% $2,251 29% $653 1082309 JIG KING D 1989 ME $10,650 1.17 15% $1,869 29% $542 1082285 BLACKHAWK 1989 ME $10,378 1.17 15% $1,821 29% $528 1082290 KITS FROM 1989 ME $9,193 1.17 15% $1,613 29% $488 1082283 SCORE BOAR 1989 ME $9,045 1.17 15% $1,587 29% $460 1082286 BLACKHAWK 1989 ME $8,437 1.17 15% $1,481 29% $429 1082287 C&H 3 NEW 1989 ME $1,291 1.17 15% $227 29% $66 1082310 GERARD HAN 1989 ME $1,262 1.17 15% $221 29% W 1989 Total $3,512,387 $616,424 $178,763 N Grant Thornton LLP Confidential 6/10/2003 Page 4 riA, lia i•ei ill hi A* its iiii iii ii III ii ik Iii iii IS hi iii iik it ki iiii hi ii hi iii ill Ili ilk Iii tit iii Plant 387 2002 Detail of Business ***Additions are Highlighted in Yellow 1201 Cornerstone Drive Personal Property Windsor, Co. FOCI Plant:387 Asset % Appr Ass Ass Asset ID Description Year Class Cost RCN Good Value % Value 1082281 SHREDDER 1988 ME $29,200 1.24 15% $5,431 29% $1,575 1082282 KVMK DIE 1988 ME 324,000 1.24 15% 34,464 29% $1,295 1988 Total $53,200 $9,895 $2,870 1091125 CONVEYING 1987 ME $26,402 1.31 15% $5,188 29% $1,505 1091126 BALER 1987 ME $11,000 1.31 15% 32,162 29% $627 1091128 BANDS SAW H 1987 ME $7,190 1.31 15% $1,413 29% $410 1091127 AIR COMPR 1987 ME $6,973 1.31 15% $1,370 29% $397 1091136 24 STACKER 1987 ME $1,318 1.31 15% $259 29% ,$75 1987 Total $52,883 $10,392 $3,014 Grand Total $6,470,833 $1,572,133 $455,919 % Grant Thornton'LLP Confidential 6/10/2003 Page 5 P0/77 5*tio 13 X03 H (11)su( Packaging Corp of America C/o Grant Thornton LLP 1717 Main St. #500 Dallas, TX 75201 Attn: Jeff Mills RE: P1001996 March 3, 2003 Dear Jeff, Enclosed is the paperwork for your external abatement. I'm sorry it's taken so long to send to you. The paperwork got lost on my desk. Congratulations, though, as you have taken over the top-spot as the largest abatement I've ever done. From my calculations, I believe your assessed amount should drop from $1,334,780 to $463,450 with taxes owing of$48,347.56. The amount abated is $90, 898.04. Please sign the enclosed abatement form on BOTH sides at the red "X". Return it to our office at my attention and I will get the process started. You will be notified of a hearing date with the County Commissioners, at which time I will recommend approval. You need not be present at this hearing. Once approved, it gets sent to the State Division of Property Taxation for final approval. The entire process will take two to three months once I receive the paperwork. If you have any other questions,please don't hesitate to give me a call. Thanks, Duane M.Robson Commercial Personal Property • Grant Thornton a Accountants and Business Advisors • March 11, 2003 Duane M. Robson Commercial Personal Property Weld County Administrative Offices 1400 North 17th Avenue Greeley, CO 80631 RE: External Abatement Dear Duane, I want to start out by thanking you for all of your time and patience while dealing with us. You have made this entire abatement situation relatively painless. While we are not proud to hold the new record for the largest external abatement you have ever processed, we are very pleased with the outcome and all of the hard work you have done trying to fix the problems from last filing season. By the way, do we get some sort of plaque or award for having the highest abatement? Please find enclosed the "Petition for Abatement or Refund of Taxes." We have signed by both of the red "X's." We understand that by signing the "X" under Section 1 will speed up the process, and eliminate the mess of having you mail this form back to us. However, by signing on the line in Section 1, we are agreeing that the blank lines that will be filled in, should be the same numbers that you have requested under Section 2. We wanted to have this on record to show that we are not signing a blank document, but merely speeding up the time process, and agreeing to the abatement you have presented. On another note, the tax bill for the original amount is due at the end of April. We are going to refrain from paying this bill right now and see if we hear anything back from this petition. I will more than likely call you closer to the time the tax bill is due. Once again, thank you for all of your help. Please feel free to call me with any questions or concerns. Sincerely, Sulfa 500 Jeff Mills 1717 Main S Dallas,TX 7 01 T 214.561.2300 F 214.561.2370 W www.grantthornton.com Grant Thornton LLP US Member of Grant Thornton International 41 03 ff% q/9( Uhl, Packaging Corp of America c/o Grant Thornton LLP 1717 Main St. #500 Dallas, TX 75201 Attn: Jeff Mills RE: P1001996 April 8, 2003 Dear Jeff, This letter is a follow-up to our telephone conversation this morning regarding the Personal Property Declaration filed by your office on behalf of Packaging Corp of America. Also present in this conversation were Reuben Talaiver of Grant Thornton and Darla Olivier ofPCA. After our conversation, I passed on the information I was given to both our Chief Appraiser and the Deputy Assessor. They, in turn, discussed the matter further while reviewing all supporting documents. They then came to the conclusion that it would be best of the County Attorney were involved to review the account, as well as the accounting practices involved. Therefore, it is the decision of this office to deny your request for abatement of taxes for the 2002 tax year. Your paperwork has been forwarded on to the County Commissioners wherein they will notify your office of a hearing date. Feel free to contact me if you have any further questions. Sincerely, Duane M. Robson Commercial Personal Property • 3 � Mills, Jeffrey To: - Maxey, Patty Jo Subject: RE: Weld County Original Message From: dolivier@packagingcorp.com [mailto:dolivier@packagingcorp.com] Sent: Thursday, January 23, 2003 2:16 PM To: Talaiver, Reuben Cc: Maxey, Patty Jo Subject: Re: Weld County . . _ Hi, Reuben & Patty Jo, We do actually report the historic cost on the Federal Tax return for this location. We purchased the stock of this entity, therefore, the historic cost/date is used for the Federal Income tax return.. We did not have to amend the Federal return because we properly reported using the tax cost (historic cost) . when filed. I could supply a copy of the Federal tax return, however, the auditor would struggle to tie this location individually since we have 85 facilities included on the Federal Return. We had to amend the Property Tax Return because we provided GAAP values for property tax reporting. However, for this facility, we should not have used GAAP values/dates because it is not a true reflection of the machinery's vintage year or original cost. For book purposes, any type of acquisition (asset or stock) results in the asset values and dates being changed to the date of acquisition (i.e. Purchase Accounting under APB16) . Therefore, the GAAP values in the fixed asset system will be the year of acquisition (1996) and a value that is not original cost (even though the machine's vintage could be 1992, etc. ) . I hope this helps! Darla • Reuben.Talaiver@G T.com To: DOlivier@packagingcorp.com cc: pattyjo.maxey@GT.com 01/23/2003 01:54 Subject: Weld County PM 1 Hello Darla: I got a call today from the assessor's office in Weld. He has several questions that we are taking care of for him. One question he had that I don't know the answer to was if anything amended was sent to the IRS due '` to the historical/original cost issue? I told him I 'd get back to him. I doubt this one location would be material enough to change your Federal return, but I thought. I'd ask. Thanks, Reuben Talaiver Senior Tax Consultant Grant Thornton, LLP 1717 Main Street, Suite 500 Dallas, Texas 75201 Office Phone: 214-561-2461 Office Fax: 214-561-2370 E-mail: rtalaiver@gt.com This e-mail is intended solely for the person or entity to which it is addressed and may contain confidential and/or privileged information. Any review, dissemination, copying, printing or other use of this e-mail by persons or entities other than the addressee is prohibited. If you have received this e-mail in error, please contact the sender immediately and delete the material from any computer. 2 Hello