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Home My WebLink About20032694.tiff PETITION TO STATE BOARD OF ASSESSMENT APPEALS For018ce Use Date: 8-27-03 PETITIONER, ARC COMMUNITIES 1 LLC c/o MARVIN F. POER&COMPANY Docket Number Y N FEE Name of Property Owner 2626 W 1 St., Greeley, CO Street Address,City,Zip Code of Subject Property Check No/Credit Card No. appeals the decision of the Weld ✓ County Board of Equalization P F H County Name _ County Board of Commissioners Property Tax Administrator (Check One) which was dated 8-11-03 This appeal concerns: ✓ Valuation For tax year(s) 2003 _ Refund/Abatement _ Exemption State Assessed (Check One) CONCERNING COUNTY SCHEDULE NUMBER(S): R1654686 If more than one schedule number is involved,please list one 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$ 9,157,500 c1 I believe the actual value of the subject property should be$ -a, etc) fjci O 1 1 &co I o-(T'() REPRESENTATION: Please check appropriateresponse(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 I or a Colorado Attorney ESTIMATED TIME FOR PETITIONER TO PRESENT THE APPEAL: 60 Minutes or 1 Hours Not less than 30 minutes. Board will allow equal tlme 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 OF MAILING _ Copy to each person identified lnattarhment4abaw I certify to the Board of Assessment Appeals that I have mailed or hand delivered County Board of Equalization one complete copy of this appeal to the Weld _ County Board of Commssloners County �y _ Property Tax Administrator in Greeley , Colorado on-15 �� k,� t "JO—O3 (check one-should be the same as the City Date decision being appealed) (Circle One) Agent or Attorney Petitioner gnature Ron Loser 1700 Lincoln Street#1300 Joe Mon on 410 17th Street#1730 Mailing Address Mailing Address Denver, CO 80203 Denver,CO 80202 City,State,Zip City,State,Zip Telephone: 303-866-9400 Telephone: 303-573-1154 Daytime number,please E-Mail: E-Mail: joemonzon@mfpoer.com 84A-1?2EV2003 knirltlr✓Ieef??O ZIE ) � 2003-2694 o9- �a-O� �'�,' ''� C �9<" RESOLUTION RE: THE BOARD OF EQUALIZATION, 2003,WELD COUNTY, COLORADO - DENY PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE RECEIVED PETITION OF: ARC COMMUNITIES 1 LLC AUG 2 9 2003 PROPERTY TAX DEPARTMENT P O BOX 790830 M.F.POER DENVER SAN ANTONIO, TX 78279-0830 DESCRIPTION OF PROPERTY: ACCOUNT#: R1654686 PARCEL#: 095901106017 - GR 17280 L2 THRU 7 NW4NE4 1 5 66 &ALL L3-4 &THAT PT OF LOTS 5-6 SW4NE4 N OF#3 CANAL ALSO L1-2 SW4NE4 1-5-66 PT AXSOM ADD(VILLA WEST MOBILE PARK) %2626-1 ST% 2626 W 1 ST GREELEY 00000 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 not being present or represented, 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 $ 9,157,500 Improvements OR Personal Property 0 TOTAL $ 9,157,500 a 2003-2297 AS0055 (`C" I) CAS /--r eco I RE: BOE -ARC COMMUNITIES 1 LLC 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 gni 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,gjly 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. 2003-2297 AS0055 RE: BOE -ARC COMMUNITIES 1 LLC 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 arbitrators 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 W COUNTY, COLORA O ATTEST: lkiii vid E Lon , C air Clerk to the Board 4 ' ��• • Robert D. M en, Pro-Tern o the Boar —O FORM: rZieWillis H. Jerke r�..1 /. . .. ter. / . . �. . Assl nt Cou 3 Attorney / Glen Vaad c- Date of signature: 'f///© 3 2003-2297 AS0055 06/30/03 NON 14:51 FAX 210 342 3710 PAST MASTERS il002 NOTICE OF DENIAL OFFICE OP COUNTYASEPSSOP, \g GR 17280 L2 THRU 7 NW4NE4 1 5 66 & 1 OREr LEY,Co a400 NORTH 172 a0663 (- .d X ALL L3-4 & THAT PT OF LOTS 5-6 PHONE(970)3433845,EXT.3650 r) .' SW4NE4 N OF 6#3 CANAL ALSO L1-2 �,� WESTEMOBILE66 PARK) %2626-1D ST%LL2626 W 1 ST EY 00000 W `o OWNER: GARC LCOMMUNITIES 1 LLC COLOO ARC COMMUNITIES 1 LLC RECEIVED PROPERTY TAX DEPARTMENT PARCEL 095901106017 P O BOX 790830 ACCOUNT R1654686 SAN ANTONIO, TX 78279-0830 JUN 3 0 2003 YEAR 2003 • SCOTT B.RETZLOFF&ASSOC. PROPERTY TAX SERVICES The appltised value orpropeily is bhscdon the appropniCt aonsieeration of die agniieche to valuo 7dquirar55,law. 'The"Asscssor has dealtici c33tai— your property should be included in the following category(ies): Residential property - The property is valued by the market aproacn to valub. If your concern is the amount of your property tax,local taxing authorities(county,city,fire protection,and other special districts)bold 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 those budget hearings. The Assessor has artfully studied all available information,giving particular atteadon to the specifics includod on your proms;and has determined the valuation(s)assigned to your property. The reams for this determination of value are: Market sales data hag been used to determine the value of your property. It eras been reviewed and the value appears to be tair and equitable. PROPERTY CLASSIFICATION PETITIONER'S ASSESSOR'S VALUATION EOF VALUE ACTUAL VALTJE ACTUAL VALUE - PRIOR TO REVIEW AVFER REVIEW RESIDENTIAL 9157500 9157500 TOTALS $ $ 9157500 $ 9157500 APPEAL DEADLINES: REAL PROPERTY—JULY 15,PERSONAL PROPERTY—JULY 21. .......... f you disagree with the Assessor's decision,you have the right to appeal to the County Board of Equalization for further consideration,39-8- 06(1)(a),C.R.S. Please see the back of this form for detailed information on filing your appeal. lyr StanleyPi Sessions06/26/2003 WELD COUNTY ASSESSOR DATE arm PR-207-67M ADDITIONAL INFORMATION ON REVERSE SIDE PETITION TO STATE BOARD OF ASSESSMENT APPEALS For Office Use Date: 8-27-03 Docket Number PETITIONER, ARC COMMUNITIES 8 LLC c/o MARVIN F. POER&COMPANY y N FEE Name of Properly Owner 2036 1 Ave., Greeley, CO Street Address,City,zip Code of Subject Property Check No/Credit Cart No. appeals the decision of the Weld ✓ County Board of Equalization P F H County Name _ County Board of Commissioners Property Tax Administrator (Check One) which was dated 8-11-03 This appeal concerns: ✓ Valuation For tax year(s) 2003 _ Refund/Abatement _ Exemption State Assessed (Check One) CONCERNING COUNTY SCHEDULE NUMBER(S): R3395986 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$ 4,065,500 I believe the actual value of the subject property should be$ a t 5 bn i vCC 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 ESTIMATED TIME FOR PETITIONER TO PRESENT THE APPEAL: 60 Minutes or 1 Hours Not less than 30 minutes. Board will allow equal time to Respondent. ATTACHMENTS: The following documents MUST BE ATTACHED to your appeal In order forme 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 OF MAILING _ Copy to each person identified inattachment4above I certify to the Board of Assessment Appeals that I have mailed or hand delivered county Board of Equalization one complete copy of this appeal to the Weld _ County Board of Commissioners County —1 _ Property Tax Administrator in Greeley , Colorado on 1-100-03 l -1CQY (check one-should be the same as the City Date decision being appealed) (Cirde One) Agent or Attomey Petitioners Sign u Ron Loser 1700 Lincoln Street#1300 Joe Monzon 410 17th Street#1730 Mailing Address Mailing Address Denver, CO 80203 Denver,CO 80202 City,State,Zip City,State,Zip Telephone: 303-866-9400 Telephone: 303-573-1154 Daytime number,please E-Mail: E-Mail: joemonzon©mfpoer.com a44-1/REV 2003 RESOLUTION RE: THE BOARD OF EQUALIZATION,2003,WELD COUNTY, COLORADO -DENY PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE RECEIVED PETITION OF: AUG 2 9 2003 ARC COMMUNITIES 8 LLC PROPERTY TAX DEPT AA.F.POEM DENVER P O BOX 790830 SAN ANTONIO, TX 78279-0830 DESCRIPTION OF PROPERTY: ACCOUNT#: R3395986 PARCEL#: 096116201001 - GR 12471 N2S2NW4NW4 & N2NW4NW4 16 5 65 WERKHEISER 1ST ANNEX (COUNTRY SIDE MOBILE HOME PARK NORTH) EXC BEG NW COR L6 BLK1 WEDGEWOOD PUD 2ND FILING N0D18'E 130' S89D20'E 288.10' S03D44'W 143.65' LONG CHORD N87D58'W 4.50' N89D41'W 90' LONG CHORD S75D2 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 not being present or represented, 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: 2003-2298 AS0055 (Y". 43, 04,Pev7 Roo RE: BCE-ARC COMMUNITIES 8 LLC PAGE 2 ACTUAL VALUE AS DETERMINED BY ASSESSOR Land $ 4,065,500 Improvements OR Personal Property 0 TOTAL $ 4,065,500 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 fumished 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 attomey 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 arbitrators decision is(Did and your right to appeal your current valuation ends. (Section 39-8-108.5, C.R.S.) 2003-2298 AS0055 I • RE: BOE -ARC COMMUNITIES 8 LLC 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 4th day of August, A.D., 2003. BOARD OF COUNTY COMMISSIONERS qq% L COUNTY, C LORADO ATTEST: _ I ��4 vid E. Lon , Chair Weld County Clerk to the Board R bert D. en, Pro- em • y�� y`�• the Board — - o M. J. ell A FORM: .. • ;. William H. Jerks • :' ty r�Attorney Itch( 1/1 Ass��•ntCo f Attome � Glenn aad Date of signature: 07 ? 2003-2298 AS0055 vllV •uvi wtaV luAJ 00e NOTICE OF DENIAL OFFICE OP COUNTY ASSESSOR 1400 NORTH 176 AVE. GR 12471 N2S2NW4NW4 & N2NW4NW4 16 5 GREEI.EY,CO80631 65 WERKHEISER 1ST ANNEX (�CO NTRY PHONE(970)353 845,EXT.3650 SIDE MOBILE 6HOME P RK NORTH) TH) EXC BEG NW L O88ND FILING0'WNER: CDCOIIVE 130'MMU COMMUNITIES LONG 8 LLCOCHOPS COLORADO ARC COMMUNITIES 8 LLC PROPERTY TAX DEPT 6c5\52,‘,0 LOG 4543 P 0 BOX 790830 PARCEL 096116201001 SAN ANTONIO, TX 78279-0830 ACCOUNT 23395986 TEAR 2003 The appraised value of property is based on the appropriate consideration of the approaches to vale required by law. The Assessor has detamincd that your property should be included in the following eategory(ies): Residential property - The property is valued by the market aproach to value. If your cancers is the amount of your property tnx,local taxing authorities(county,city,fin 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 thew budget hearings. The Assessor has careftlly studied all available Information,giving particular attention to the specifics included an your protest.and has determined the valuution(s)assigned to your property. The reasons for this determination of value are: Market sales data has been u ed to determine the value of your property. It has been reviewed and the value appears to be fair and equitable. PROPERTY CLASSIFICATION PEITR'S ASSESSOR'S VALUATION ESTIMATE OF VALUE ACTUAL VALUE ACTUAL VALUE _ PRIOR TO.REVIEW AFTER REVIEW RESIDENTIAL 4065500 4065500 TOTALS S S 4065500 $ 4065500 APPEAL DEADLINES: REAL PROPERTY—JULY 15,PERSONAL PROPERTY—JULY 21. [f you disagree with the Assessor's decision,you have the right to appeal to the County Board of Equalization for further consideration,39-S- 106(1)(a),C.R.S. Please see the back of this form for detailed information on filing your appeal. BYt StanleyF.Bessions 06/26/2003 WELD COUNTY ASSESSOR • DATE t5SDPT AR ?arm PR-207,97433 ADDITIONAL INFORMATION ON REVERSE SIDE PETITION TO STATE BOARD OF ASSESSMENT APPEALS For Office Use Date: 8-27-03 Docket Number PETITIONER, ARC COMMUNITIES 2 LLC Go MARVIN F. POER&COMPANY Y N FEE Name of Properly Owner 435 N 35 Ave. 100, Greeley,CO Street Address,City.zip Code of Subject Properly Check No/Crean Cara No. appeals the decision of the Weld ✓ County Board of Equalization P F H county Name _ County Board of Commissioners Property Tax Administrator (Check One) which was dated 8-11-03 This appeal concerns: ✓ Valuation For tax year(s) 2003 _ Refund/Abatement _ Exemption State Assessed (Check One) CONCERNING COUNTY SCHEDULE NUMBER(S): R8022399 If more than one schedule number is involved,please fist 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$ 14,547,500 I believe the actual value of the subject property should be$ 1'24. tor, Pte/ 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 ESTIMATED TIME FOR PETITIONER TO PRESENT THE APPEAL: 60 Minutes or 1 Hours Not less than 30 minutes. Board win Sow equal time 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 OF MAILING _ Copy to each personidentinedIn attachment 4above I certify to the Board of Assessment Appeals that I have mailed or hand delivered )county Board of Equalization one complete copy of this appeal to the Weld _ County Board of Commissioners County n tor in Greeley , Colorado on �J Q.) u° 1—I V"'"C (check one-— Properly ax d be the same City Date decision beingshould )he same as the appealed) (Circle One) Agent or Attorney Petition r. Signature Ron Loser 1700 Lincoln Street#1300 Joe Monzon 410 17th Street#1730 Mailing Address Mailing Address Denver, CO 80203 Denver, CO 80202 City,State,Zip City,State,Zip Telephone: 303-866-9400 Telephone: 303-573-1154 Daytime number,please E-Mail: E-Mail: joemonzon@mfpoer.com BAA—1iREV 2003 RESOLUTION RE: THE BOARD OF EQUALIZATION, 2003, WELD COUNTY, COLORADO- DENY PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE RECEIVED PETITION OF: ARC COMMUNITIES 2 LLC AUG 2 9 2003 PROPERTY TAX DEPT P O BOX 790830 A1.P:POER DENVER SAN ANTONIO, TX 78279-0830 DESCRIPTION OF PROPERTY: ACCOUNT#: R8022399 PARCEL#: 080535001001 - GR SS1 L1 BLK1 STONEYBROOK SUB FILING #1 435 N 35 AV 100 GREELEY 0 WHEREAS, the Board of County Commissioners of Weld County, Colorado, convened as the Board of Equalization for the purpose of adjusting, equalizing, raising or lowering the assessment and valuation of real and personal property within Weld County, fixed and made by the County Assessor for the year 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 not being present or represented, 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 $ 14,547,500 Improvements OR Personal Property 0 TOTAL $ 14,547,500 2003-2296 AS0055 re'. 4 ctfl, ,ptl° RE: BOE -ARC COMMUNITIES 2 LLC 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 fins 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 fin 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. 2003-2296 AS0055 RE: BOE -ARC COMMUNITIES 2 LLC PAGE 3 Arbitration Hearing Procedure: Arbitration hearings are held within sixty days from the date the arbitrator Is selected. Both you and the OBOE 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!kW and not subject to review. Fees and Expenses: The arbitrator's fees and expenses are agreed upon by you and the OBOE. 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 4t14 day of August, A.D., 2003. BOARD OF COUNTY COMMISSIONERS 1N7s� CO NTY, CO ORADO ATTEST: aa , D id E. ong, Ch it Weld County Clerk to the Board • Ro ert D. sde , ro-Tem `IJC to the Boa • �J€i 1861 1 L � M. J. eile O FORM: r vain Willia H. Je ` t -nt Co J tyAttorney Glenn Vaad Date of signature: 0097 2003-2296 AS0055 r J 0a:uo FAA csu O44 a11U raps MAZinnb uua NOTICE OE DENIAL OFFICE OF COUNTY ASSESSOR 1400 NOM nth AVE. GR SSl L1 BLK1 STONEYBROOK SUB GREELEY,CO 80631 44 arm; FILING #1 435 N 35 AV 100 GREELEY 0 PHONE(970)3533845.EXT.3650 COLO�OO OWNER: ARC COMMUNITIES 2 LLC ARC COMMUNITIES 2 LLC PROPERTY TAX DEPT btc� PARCEL 080535001001 P 0 ANTOIO T ACCOUNT R8022399 SAN 790 TX 78279-0830 YEAR 2003 The appraised value of property is based on the appropriate consideration of the approaches to value required by law. 'Ile Assessor has determined that your property should be included in the following category(ies): Residential operty - The property is valued by the market aproach to value. If your concern is the amount of your property tax,local taxing authorities(county,city,lira protection,and other special districts)hold budget hearings in the fall. Please refer to your tax bill or ask your Assessor fora listing of these district,and plan to attend those budget hearings. The Assessor has carcxlelly studied all available information,giving particular attention to the specifics included on your protest,end has determined the valuation(s)assigned to your property. The reasons for this determination of value are: - Market sales data has been used to determine the value of your property. It has been reviewed and the value appears to be fair and equitable. PETITIONER'S ASSESSORS VALUATION PROPERTY CLASSIFICATION ESTIMATE OF VALUE ACTUAL VALUE ACTUAL VALUE PRIOR TO REVIEW AFTER REVIEW RESIDENTIAL 14547500 14547500 TOTALS S $ 14547500 $14547500 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-B- 106(1)(a),C.E.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 IS-DPT-AR Form PR-207-67A5 ADDITIONAL INFORMATION ON REVERSE SIDE Hello