HomeMy WebLinkAbout20032300.tiff RESOLUTION
RE: THE BOARD OF EQUALIZATION, 2003, WELD COUNTY, COLORADO - DENY
PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE
PETITION OF:
FIRSTBANK OF NORTHERN COLORADO
C/O FIRSTBANK OF GREELEY
P O BOX 150097
LAKEWOOD, CO 80215
DESCRIPTION OF PROPERTY: ACCOUNT#: R2598386 PARCEL #: 095924100062 -
GR 17622-D PT NE4 24 5 66 (GALLERY GREEN ANNEX) BEG NE COR SEC S688.26'
N89D53'W 49.96' TO TRUE POB N89D53'W 198' N156.82' S89D59'E 168' SELY 47.12'
S127.17' TO BEG (PT TRACT 3) %2901 23 AVE% SITUS: 2901 23 AV GREELEY 80631
WHEREAS, the Board of County Commissioners of Weld County, Colorado, convened
as the Board of Equalization for the purpose of adjusting, equalizing, raising or lowering the
assessment and valuation of real and personal property within Weld County, fixed and made by
the County Assessor for the year 2003, and
WHEREAS, said petition has been heard before the County Assessor and due Notice of
Determination thereon has been given to the taxpayer(s), and
WHEREAS, the taxpayer(s) presented a petition of appeal of the County Assessor's
valuation for the year 2003, claiming that the property described in such petition was assessed
too high, as more specifically stated in said petition, and
WHEREAS, said petitioner 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:
2003-2300
AS0055
00 ' �, O4, .06)677", 6't--f
RE: BOE - FIRSTBANK OF NORTHERN COLORADO
PAGE 2
ACTUAL VALUE
AS DETERMINED
BY ASSESSOR
Land $ 116,740
Improvements OR
Personal Property 222,060
TOTAL $ 338,800
BE IT FURTHER RESOLVED that a denial of a petition, in whole or in part, by the Board
of Equalization may be appealed by selecting one of the following three options; however, said
appeal must be filed within 30 days of the denial:
1. Board of Assessment Appeals: You have the right to appeal the County
Board of Equalization's (CBOE's) decision to the Board of Assessment
Appeals (BAA). Such hearing is the final hearing at which testimony, exhibits,
or any other evidence may be introduced. If the decision of the BAA is further
appealed to the Court of Appeals, only the record created at the BAA hearing
shall be the basis for the Court's decision. No new evidence can be
introduced at the Court of Appeals. (Section 39-8-108(10), C.R.S.)
Appeals to the BAA must be made on forms furnished by the BAA, and
should be mailed or delivered within thirty (30) days of denial by the
CBOE to:
Board of Assessment Appeals
1313 Sherman Street, Room 315
Denver, CO 80203
Phone: 303-866-5880
OR
2. District Court: You have the right to appeal the CBOE's decision to the
District Court of the county wherein your property is located. New testimony,
exhibits or any other evidence may be introduced at the District Court hearing.
For filing requirements, please contact your attorney or the Clerk of the
District Court. Further appeal of the District Court's decision is made to the
Court of Appeals for a review of the record. (Section 39-8-108(1), C.R.S.)
OR
3. Binding Arbitration: You have the right to submit your case to arbitration. If
you choose this option the arbitrator's decision is final and your right to appeal
your current valuation ends. (Section 39-8-108.5, C.R.S.)
2003-2300
AS0055
RE: BOE - FIRSTBANK OF NORTHERN COLORADO
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
�_�® /�� COUNTY, COLOR DO
ATTEST: �� ".�u-T� ��'//� eteir' ('1.11 E 4,
vid E. Long, Chair
Weld County Clerk to the Board
1 Robert D. sden, Pro-Tem
�e•, r\o the Board
..Y" M. J. eile
FORM:
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�C Willis H. Jer e
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Glenn Vaad
Date of signature:
2003-2300
AS0055
STATE OF COLORADO
WELD COUNTY
PETITION FOR APPEAL
TO THE HONORABLE WELD COUNTY BOARD OF EQUALIZATION:
Petitioner, 1ST Bank Colorado Corp., do Tax Profile Services Inc. (TPS) located at
2525 16th St., Suite 225, Denver, CO 80211, requests a review of the County Assessor's
Notices of Determination for the Subject Property described below for tax year 2001. A
Statement of Agency is also attached.
PROPERTY OWNER'S NAME: 1ST Bank Colorado Corp.
a/k/a 1ST Bank Holding Company
MAILING ADDRESS: c/o Tax Profile Services, Inc.
2525 16th St. , Suite 225
Denver, Colorado 80211
PROPERTY NAME: 1ST BANK GREELEY BRANCH-GREELEY -43
PROPERTY ADDRESS: 2901 23RD AVENUE
GREELEY, Colorado
SCHEDULE NUMBER: R2598386,
APPEAL IS ON: Land & Improvements
DESCRIPTIVE COMMENTS OF APPEAL:
In Del Mesa Farms and BAA v. The BOE of Montrose County (97CA0686), the courts found
that"...regardless of whether a particular Item is affixed to a building and may otherwise
constitute a fixture system, the item constitutes personal property if it use is primarily tied to
business operation." Subsequently in filing all personal and real property petitions, Tax Profile
Services, has recognized that the business fixtures shall be reported fully in the personal property
declarations, and should be recognized in the income approach with the appropriate adjustments
computed.
kikt^n•�_
SIGNATURE OF PETITIONER:
A:1
NAME: Jeffrey o�l, t�
PHONE NUMBER: (303) 477-4 04 phone
(3031477-4597 fax
JUL-01-2003 10:05 1ST BANK HOLDING 303 235 1044 P.08
NOTICE OF DENIAL OFFICE OF COUNTY ASSESSOR
1400 NORTH 17th AVE.
GR 17622-D PT NE4 24 5 66 OPPFIfY,CO 80631
frt V t (GALLERY GREEN ANNEX) BEG NE COR PHONE(979)353-3845,ea.3650
A SEC $688 .26' N89D53 'W 49 . 96' TO
TRUE
168DS3'W SELY147 . 12' S127 . 17'
YI��PC TO BEG (PT TRACT 3) *2901 23 AVE%
COLORADO OWNER: FIRSTBANK OF NORTHERN COLORADO
FIRSTBANK OF NORTHERN COLORADO LOG 3897
C/O FIRSTBANK OF GREELEY PARCEL O959241OOO62
P 0 BOX 150097 ACCOUNT R2S98386
LAKEWOOD, CO 80215 YEAR 2003
The appraisal value of property is based on the appropriate consideration of the approaches to value required by taw. The Assessor has determined that
your property should be included in the following category(ies):
Commercial property is valued by considering the cost, market,
and income approaches.
If your concern is the amount of your property tax,local taxing authorities(county,city,fire protection,and other special districts)hold budget
hearings in the fall. Please refer to your tax bill or ask your Assessor for a listing of these districts.and plan to attend these budget hearings.
The Assessor has carefully studied all available information,giving particular attention to the specifics included on your protest,and has detennined the
valuation(s)assigned to your property. The reasons for this determination of value arc:
No change has been made to the valuation of this property. Colorado law
requires us to send this notice of denial for all properties on which we do not
adjust the value.
PETITIONER'S ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ESTIMATE
OF VALUE ACTUAL VALUE ACTUAL VALUE
PRIOR TO REVIEW AFTER REVIEW
COMMERCIAL 338800 338800
270,000
TOTALS S S338800 $338800
APPEAL DEADLINES: REAL PROPERTY—JULY 15,PERSONAL PROPERTY—JULY 21.
If you disagree with the Assessor's decision,you have the right to appeal to the County Board of Equalization for further consideration,39-8-
106(1)(a),C.R.S. Please see the back of this form for detailed information on filing your appeal.
By: Stanley F.Sessions 06/26/2003
WELD COUNTY ASSESSOR DATE
1.5_DPT-AR
Form PR•207.87A3 ADDITIONAL INFORMATION ON REVERSE SIDE
STATEMENT OF AGENCY
Property Owner, FIRSTBANK Holding Company of Colorado, hereby appoints TAX
PROFILE SERVICES, Inc. (hereinafter"TPS") as Property Owner's representative in connection
with the valuations for assessment of Property Owner's real property and/or personal property in
THE STATE OF COLORADO FOR 2003-2004, for taxes payable the following year
(hereinafter "Subject Property").
TPS shall have full authority to:
a) Review all applicable records relating to the valuation for assessment of the
Subject Property,
b) Discuss the valuation for assessment of the Subject Property with the County
Assessor, with any representative of the Assessor's office, or with the County, as
to the amount of valuation which TPS deems appropriate in the circumstances,
c) Accept the valuation for assessment, and
d) Pursue any statutory remedies which Property Owner may possess before the
County Assessor, County Board of Equalization, County Board of
Commissioners, State Tax Court, District Court, Appellate Courts, or in binding
arbitration in the Property Owner's name and on Property Owner's behalf.
The person signing below is acting in a representative or official capacity, or as attorney-
in-fact and has the authority to do so on behalf of the Property Owner.
This agreement shall remain in effect until revoked in writing by property owner.
FIRSTBANK Holding Company of Colorado
nyit ( •
Signature /i(,.iR t-C iy r � i7/C Z
/ Date
1--VCV Mk:.�a C. t,
Name Title
EWST ' i .
CeLaah
Company Name
a
CLERK TO THE BOARD
Kits
PHONE (970)356-4000 EXT 4217
FAX: (3(3033) 35252-0242
WEBSITE: www.co.weld.co.us
' 915 10TH STREET
P.D. BOX 758
C. GREELEY, COLORADO 80632
COLORADO
July 22, 2003
FIRSTBANK OF NORTHERN COLORADO
C/O FIRSTBANK OF GREELEY
P O BOX 150097
LAKEWOOD CO 80215
Parcel No.: 095924100062 Account No.: R2598386
Dear Petitioner(s): _
The Weld County Board of Equalization has set a date of August 4, 2003,at or about the hour of
4:30 PM,to hold a hearing on your valuation for assessment. This hearing will be held at the Weld
County Department of Public Health and Environment,Room 210,1555 North 17th Avenue,
Greeley, Colorado.
You have a right to attend this hearing and present evidence in support of your petition. The Weld
County Assessor or his designee will be present. The Board will make its decision on the basis of
the record made at the aforementioned hearing, as well as your petition, so it would be in your
interest to have a representative present. If you plan to be represented by an agent or an attorney
at your hearing, prior to the hearing you shall provide, in writing to the Clerk to the Board's Office,
an authorization for the agent or attorney to represent you. If you do not choose to attend this
hearing, a decision will still be made by the Board by the close of business on August 5,2003,and
mailed to you on or before August 12, 2003.
Because of the volume of cases before the Board of Equalization, all cases shall be limited to 15
minutes. Also due to volume, cases cannot be rescheduled. It is imperative that you provide
evidence to support your position. This may include evidence that similar homes in your area are
valued less than yours or you are being assessed on improvements you do not have. Please note:
The fact that your valuation has increased cannot be your sole basis of appeal. Without
documented evidence as indicated above, the Board will have no choice but to deny your appeal.
If you wish to obtain the data supporting the Assessor's valuation of your property,please request
it directly from the Assessor's Office by fax (970) 304-6433, or by calling (970) 353-3845.
FIRSTBANK OF NORTHERN COLORADO - R2598386
Page 2
Please advise me if you decide not to keep your appointment as scheduled. If you need any
additional information, please call me at your convenience.
Very truly yours,
BOARD OF EQUALIZATION
/r .e._
Carol A. Harding
Deputy Clerk to the Board
cc: Stanley Sessions, Assessor
TAX PROFILE SERVICES, INC.
2525 16TH STREET, SUITE 225
DENVER CO 80211
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