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HomeMy WebLinkAbout20032261.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 2003, WELD COUNTY, COLORADO - DENY PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE PETITION OF: FAILS KEVIN R & LISA M 15356 OVERLAND TRAIL BRIGHTON, CO 80603-5721 DESCRIPTION OF PROPERTY: ACCOUNT#: R0517601 PARCEL#: 147134001071 - BRI JR L59 & 60 JACOBS RUN 1ST SITUS: 15356 OVERLAND TR BRIGHTON 80601 WHEREAS, the Board of County Commissioners of Weld County, Colorado, convened as the Board of Equalization for the purpose of adjusting, equalizing, raising or lowering the assessment and valuation of real and personal property within Weld County, fixed and made by the County Assessor for the year 2003, and WHEREAS, said petition has been heard before the County Assessor and due Notice of Determination thereon has been given to the taxpayer(s), and WHEREAS, the taxpayer(s) presented a petition of appeal of the County Assessor's valuation for the year 2003, claiming that the property described in such petition was assessed too high, as more specifically stated in said petition, and WHEREAS, said petitioner being present, 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 $ 209,000 Improvements OR Personal Property 295,633 TOTAL $ 504,633 2003-2261 AS0055 RE: BOE - FAILS KEVIN R & LISA M PAGE 2 BE IT FURTHER RESOLVED that a denial of a petition, in whole or in part, by the Board of Equalization may be appealed by selecting one of the following three options; however, said appeal must be filed within 30 days of the denial: 1. Board of Assessment Appeals: You have the right to appeal the County Board of Equalization's (CBOE's) decision to the Board of Assessment Appeals (BAA). Such hearing is the final hearing at which testimony, exhibits, or any other evidence may be introduced. If the decision of the BAA is further appealed to the Court of Appeals, only the record created at the BAA hearing shall be the basis for the Court's decision. No new evidence can be introduced at the Court of Appeals. (Section 39-8-108(10), C.R.S.) Appeals to the BAA must be made on forms furnished by the BAA, and should be mailed or delivered within thirty (30) days of denial by the CBOE to: Board of Assessment Appeals 1313 Sherman Street, Room 315 Denver, CO 80203 Phone: 303-866-5880 OR 2. District Court: You have the right to appeal the CBOE's decision to the District Court of the county wherein your property is located. New testimony, exhibits or any other evidence may be introduced at the District Court hearing. For filing requirements, please contact your attorney or the Clerk of the District Court. Further appeal of the District Court's decision is made to the Court of Appeals for a review of the record. (Section 39-8-108(1), C.R.S.) OR 3. Binding Arbitration: You have the right to submit your case to arbitration. If you choose this option the arbitrator's decision is final and your right to appeal your current valuation ends. (Section 39-8-108.5, C.R.S.) Selecting the Arbitrator: In order to pursue arbitration, you must notify the CBOE of your intent. You and the CBOE select an arbitrator from the official list of qualified people. If you cannot agree on an arbitrator, the District Court of the county in which the property is located will make the selection. 2003-2261 AS0055 RE: BOE - FAILS KEVIN R & LISA M PAGE 3 Arbitration Hearing Procedure: Arbitration hearings are held within sixty days from the date the arbitrator is selected. Both you and the CBOE are entitled to participate. The hearings are informal. The arbitrator has the authority to issue subpoenas for witnesses, books, records, documents and other evidence. He also has the power to administer oaths, and all questions of law and fact shall be determined by him. The arbitration hearing may be confidential and closed to the public, upon mutual agreement. The arbitrator's written decision must be delivered to both parties personally or by registered mail within ten (10) days of the hearing. Such decision is final and not subject to review. Fees and Expenses: The arbitrator's fees and expenses are agreed upon by you and the CBOE. In the case of residential real property, such fees and expenses cannot exceed $150.00 per case. The arbitrator's fees and expenses, not including counsel fees, are to be paid as provided in the decision. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 1st day of August, A.D., 2003. BOARD OF COUNTY COMMISSIONERS /���� WELD COUNTY, COLORADO ATTEST: ike/ 4.i.[ EXCUSED David E. Long, Chair Weld `Board EXCUSED Robert D. asden, Pro-Tem BY: Te �.°"e M. J. eile g� APPRO r/jS TO'FORM: A,oC Willis rke As ant Coy Attorney ,( �� Glenn Vaad �— Date of signature: ffrA 2003-2261 AS0055 NOTICE OF ADJUSTMENT OFFICE OF COUNTY ASSESSOR 1400 NORTH 17111 AVE. SRI JR L59 & 60 JACOBS RUN 1ST G3EL4Y,c083650 ateffilkin SITUS : 1535535 6 OVERLAND TR BRIGHTON PHONE(970)3553-3845,EXT.3650 80601 wokOWNER: FAILS KEVIN R & LISA M COLORADO FAILS KEVIN R & LISA M LOG 4874 15356 OVERLAND TRAIL PARCEL 147134001071 ACCOUNT R0517601 BRIGHTON, CO 80603-5721 YEAR 2003 The appraised value of property is based on the appropriate consideration of the approaches to value required by law. The Assessor has determined that your property should be included in the following categoy(ies): Residential property - 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,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 infomation,giving particular attention to the specifics included on your protest,and has determined the valuation(s)assigned to your property. The reasons for this determination of value are: Based on a study of comparable properties that sold from 1/1/01 to 6/30/02 we have adjusted your property to the level of value as shown below. PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE OF VALUE ACTUAL VALUE ACTUAL VALUE PRIOR 1O REVIEW AFTER REVIEW ff++��,, RESTDEl IAL 531677 504633 LIB ClC r- � TOTALS $ $ 531677 $504633 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. 06/26/2003 By: Stanley F. Sessions WELD COUNTY ASSESSOR DATE 15-DPT-AR Form PR-207-87A3 ADDITIONAL INFORMATION ON REVERSE SIDE YOU HAVE THE RIGHT TO APPEAL THE ASSESSOR'S DECISION The County Board of Equalization will sit to hear appeals beginning July 1 and continuing through August 5 for real property(land and buildings) and personal property(furnishings, machinery, and equipment) 39-8-104 and 39-8- 107(2), C.R.S. APPEAL PROCEDURES: If you choose to appeal the Assessor's decision, mail or deliver one copy of this completed form to the County Board of Equalization. To preserve your right to appeal, your appeal must be POSTMARKED OR DELIVERED ON OR BEFORE JULY 15 FOR REAL PROPERTY, AND JULY 21 FOR PERSONAL PROPERTY. WELD COUNTY BOARD OF EQUALIZATION 915 10th Street, P.O. Box 758 Greeley, Colorado 80632 Telephone (970)356-4000 Ext. 4225 NOTIFICATION OF HEARING: You will be notified of the time and place set for the hearing of your appeal. COUNTY BOARD OF EQUALIZATION'S DETERMINATION: The County Board Equalization must make a decision five _. $r of yU:......, ..n make on your appeal and mail you a determination within business days of that decision. The County Board must conclude its and render decisions by August 5. TAXPAYER RIGHTS FOR FURTHER APPEALS: If you are not satisfied with the County Board of Equalization's decision you must file within thirty days of the County Board of Equalization's written decision with ONE of the following: Board of Assessment Appeals (BAA): Contact the BAA at 1313 Sherman, Room 315, Denver, Colorado 80203, (303)866-5880. www.dola.colorado.gov/baa District Court: 9th Avenue and 9th Street, P.O. Box C Greeley, Colorado 80632 Telephone (970) 356-4000, Ext. 4520 Arbitration: WELD COUNTY BOARD OF EQUALIZATION 915 10th Street, P.O. Box 758 Greeley, Colorado 80632 Telephone (970) 356-4000, Ext. 4225 If you do not receive a determination from the County Board of Equalization, you must file an appeal with the Board of Assessment Appeals by September 11. TO PRESERVE YOUR APPEAL RIGHTS, YOU MUST PROVE YOU HAVE FILED A TIMELY APPEAL; THEREFORE, WE RECOMMEND ALL CORRESPONDENCE BE MAILED WITH PROOF OF MAILING. PETITION TO THE COUNTY BOARD OF EQUALIZATION In the space below, please explain why you disagree with the Assessor's valuation. N ACCORDANCE WITH 39- 8-106(1.5), C.R.S., IF YOU APPEAL INVOLVES REAL PROPERTY, YOU MUST STATE YOUR OPINION OF VALUE IN TERMS OF A SPECIFIC DOLLAR AMOUNT. Attach additional documents as necessary. The Pea_ st: Foorm c ✓Atari eg of out !Moire /s .S IQNiFlc4,vr2y lie 6wc27Ad 4n/ orbtr� aontes IN QUA- St4DIV,sIo,J Aw A44E4 .• TaFE• oT 5g.i Hoene; A'2c' S/Ime Cons 72.rtctloJJ q-ND DES A-s o'ta- Montle. a:..N A-DOITIOt) 7-ki'C o -e-g_ E5 fa/.$tic /hOls'>' 9,,. Iori e. u 2uArrronl /3C Low o AUq. Pe ss Fbcr Pen_ v T/fR..� o�czs �� -es 7sfA-r oke Mom Ui4 1` J Lo.Arlon) of Lt 4 ,c4, s UJeTt+(Ai o..c Sofa's(og. (Sec A-7T.4cw-ED) SIUNA I URE OE PE III I� DA2 /0103 r � To whom it may concern: July 14, 2003 Our property is currently appraised at $531,677.00. This appraisal consists of a 2066 sq. ft. house on two lots. The house (building) and improvements are situated on the two lots in such a manner that renders the 2"d lot unbuildable. The current appraisal is broken down as follows. BUILDING- $322,677.00 LAND* - $209,000.00 $531,677.00 = current appraisal with 2 lots. * LAND - 1st lot = $110,000 - 2"d lot= $ 99,000 The only accurate way to compare our property to those that sold is to add the building and one lot (the value of 2"d lot will be subtracted out for this exercise then added back in at the time of the proposed property value). Therefore, BUILDING- $322,677.00 LAND - $110,000.00 $432,677.00= current appraisal with 1s` lot. Weld County proposes that our property would sell for, at least $432,677.00 if it were on one lot even though it is smaller then like properties within the same subdivision or surrounding area. The following is property within the same subdivision or surrounding area which sold in the required time frame. (An(*) asterisk indicates property that is within the same subdivision as our home and will further indicate "subdivision property".) AREA COMPARABLES —Homes with finished basements Comp #1 545 N. Holly St. Hudson, CO 80642 SOLD 21-Jun-2001 for $275,000 *#2 52 Pioneer Way Brighton, CO 80601 SOLD 16-Jan-2001 for $396,000 *#3 15064 Overland Trail Brighton, CO 80603 SOLD 27-Jul-2001 for $391,000 NOTE: Comps#2 & #3 are in the same subdivision as our property. They are of the same construction and design except that both are larger homes. Yet both sold for substantially less than the appraised value of our property. I elected to use three comparables in order to obtain an"area" average; however the most accurate comparison is by using the two pieces of property within our subdivision as they are identical in construction and most similar in design. However, both are larger in square feet as our home is the smallest house in the subdivision. Kevin R. Fails 15356 Overland Trail, Brighton, CO 80603 (303) 654-0998 page 1 y . COMPS: The following shows an average cost per main floor and per finished area, followed by an average cost per square foot of the properties. Each is determined by the selling price. Comp sell price main floor avg. cost finished area avg. cost (home + lot) sq. ft. (main floor) sq. ft. (finished area) avg. cost of(area) comps per sq. ft. #1 $275,000 2504 $109.82 3412 $80.59 $116.99 *#2 $396,000 2700 $146.66 4100 $96.58 $128.61 *#3 $391,000 2138 $182.88 3300 $118.48 avg. cost of(*) comps per sq. ft. OUR HOME: The following shows and average cost per main floor and per finished area, followed by an average cost per square foot of the properties. Each is determined by the current appraisal. It is evident that the"avg. cost per sq. ft." is substantially higher then averages of comps. (see above) Avg. of our appraisal: appraised value main floor avg. cost finished area avg. cost avg. cost (home + lot) sq. ft. (main floor) sq. ft. (finished area) per sq. ft. $432,677 2066 $209.42 4132 $104.71 $139.61 An accurate value assessment of our property should be as follows when using the avg. cost of (area) property that sold during the appropriate time frame. The value of our home at (area)avg. cost($116.99) - Building $242,335.64 (1s` lot valued at $110,000) - Building & 1 lot $352,335.64 (2n°lot valued at 99,000) -Building & both lots $451,335.64 An accurate value assessment of our property should be as follows when using the avg. cost of (*) property that sold during the appropriate time frame. The value of our home at (*) avg. cost ($128.61) -Building $277,757.21 (1t lot valued at $110,000) -Building & 1st lot $387,757.21 (2n° lot valued at 99,000) - Building & both lots $486,757.21 In conclusion, I propose that an accurate appraised value of our property is $486,757.21 and that - Building be assessed at $277,757.21 - Land be assessed at $209,000.00 $486,757.21 Kevin R. Fails 15356 Overland Trail, Brighton, CO 80603 (303) 654-0998 page 2 %(4p2 /((aste t"'a FlintiieMae Summary Appraisal Report Desktop Underwriter Quantitative Analysis Appraisal Report Fl No.: 1115356ov THIS SUMMARY APPRAISAL REPORT IS INTENDED FOR USE BY TIIE LENDER/CLIENT FOR A MORTGAGE FINANCE RANSACTION ONLY. Propety Address 15356 Overland Trail city8_riy!Llon State Zip Code80603 Legal Description Jacobs Rub 1st BRI Jr Lot 59 Situs: 15356 Overland Tr Brighton 80601 County Weld Assessors Parcel No. 147134001071 , lax Year 2001 R.E.Iaxes13149 Special Assessments$ N/A Borrower Fails , Caren,Owner Fails Occupant: ®Owner ❑tenant 0Vacant act Name Jacobs Ru Ne,hborhood or Pro n r-T I Project I ype I ,POD Cl Condominium I10Af N/A/No. Sales Price$ Refinance �7 Dam of Sale NIA nesal 1pllonn7{amount of lean charges/concessions to be paid by seller N/A Pro.ert ri his a praised Fee Simple_ n Leasehold I Map Reference 203-C Census Traci 0019.03 Note:Race and the racial 1 Vc1omposition of the neighborhood are not appraisal factors. lxl Location Urban Suburban ❑ Rural Property values Increasing ❑ Stable Declining Single family housing rmriiminaavg Built up I J Over 75% U 25.75% L7 Under 75% Demand/supply Shortage 0 In balance E Oversupply PR E AGE PRICE AGb f(ODO) (yrs) WOO) (yrs) a Growth rate 0Rapid 0 Startle Q Slow Marketing time 0 Under 3mos.❑ 3.6 nos. ❑Ova 6 Ms. Low New N/A Low N/A Neighborhood boundaries The subject is bounded on the north by 176th Avenue,on the east by Himalaya Hglr 10 N/A High N/A Street, on the south by 168th Avenue and on the west by County Road 29. The subjects immediate Predominant Predominant area consists primarily of SFR of average quality and appeal. 2 N/A N/A Dimensions No Survey'?rovided_ Site area 2 Acres Estimated Shape Irregular Specific tuning classification and description Residential Zoning Zoning compliance O Legal U Legal nonconforming(Ginninnilleted rise):ID Illegal,attach description D No toning Highest arid best 115C of subject re orl n a5 trio ovod(or as purposed per Ions anti s teclncallnlls): /x Present use Other use,attach description. N Utilities Public Other Public Other (fEske Improvements Type Public Private Electricity [] --------- ------- Water U Well Sheet Asphalt ❑)( Q Gas Sanitary sewer n_Septic _ Alley None/Typical n n Arethese an a anreri adverse site ns cometkea•erneets_enuoachinenlysuedal assessments slkte areas,ercll 7 r�7 1 Yes N No It Yes,attach description. Source(s)used for physical characteristics of property. ❑Interior and exterior Inspection 0(�Ftier inr inspection from street U Previous appraisal files 0 MLS OAssessrnent and lax records U Prior inspection D 1'ropertyowner ld Other(Describe):MLS Records,Owner,County Records No.of Stories Ulla type(Del IAIF) Detached Eaderin Wills Frame(Briek Rol palace AS)hal(_ t Shill IoS Manufactured linuslnq U Yes__ Nn Does th_eprpeity generally conform to the neighborhood in terms of style,condition nn and censeMO materials? La Yes No II No.attach descripllon. ▪ Are r-1Were any apparent physical deficiencies or conditions that would affect dirt soundness or structural integrity of the Improvements or the livability of the property? • I l Yes 0 No Jr Yes,attach description. Are there any apparent adverse envirnnmdal condilitnrs(humdrum wastes,toxic substances,etc.)present in the irnprovemenls,en the site,or in the immediate vicinity at the sub ec l property?_ _ n Yes 0 No II Yes,attach descrllitiori, See Allaclie(1 AddendUlri. I researched the sullied market area for comparable listings and sales that are the most similar and proximate to the subject properly. My research revealed a hoot Or 7 sales ranging in sales price homy I 365,000 so$ 450 000. My research revealed a(oral of 10 listings ranging in list pric a from S -_-_ 357,950 m 1 498,900. The analysts of the(numerable sides below reflects market reaction to significant variations between the sales and the subject property:_ F EAIURE _ E UDJCI SAL' SALE 2 SAL[ 3 15356 Overland "Trail 10160 148th Place 15313 Arrowhead 9729 East 147th Avenue Address Sri hlon Brighton Brighton Brighton Proximity to Subject _ +/-3 Miles Southwest _f/2 Blocks North +/-3 Miles Southwest Saks Price t Refinance I $ . f.— .—._ RkelGrnss I Iv.Mm a $ 0.00 VI $ $ 1 Data&Vern.Sources MLS/Sold-Hauck MLS/Sold-Moore MLS/Sold-Pochocki VALUE ADIUSIMI:NIS DLSCRIP I ION DE SCRIP ION I .min, DESCRIPTION .rlinpn,..,•. DESCRI1'IION I .Otrsw,,.,. Sales or Financing Conventional Conventional Conventional Concessions 104 DOM 28 DOM I 131 DOM Date of Sale/lime N/A 10/10/2002 (15/24/2002 1 10/03/2002 Location Jacobs Run Ttxkl Creek Jacobs Run • , Todd Creek She 2 Acres/Average_ 1.61 Acres/Avg 2 Acres/Average I _ 1.86 Acres/Avg Mew Mountains/Avg__ Mountains/Avg Mountains/Avg 1 Mountains/Avq 1!+ Design(Style Ranch/FrBr/Avg_ Ranch/Brick/wg_ -3 000 Ranch/Fr Br/Avq___;"__ Ranch/FrBr/Avq Actual Age(Yrs.) 4 Years 1 Year 2 Years 1 Year = Condition Average —. Average_ _ Average _ Average Above Grade torn axm., nn n= t n Haiti, Ir, ro . e,iw, rin:a nl,,. inn. .. Room Count 6 :2 : 1,75 7 ;_3 : 1.50 ' 1,000 9 k 4 ' 300 -5,000 7 : 2 : 2.00 -1,000 1—" GossD.5u Nea 2,066 Sq.H, 2,450J.Ft __15,400 2,51p Sq.Ft -17,900 2,115Sq.Ft BasemafwxjFimsilnl 2066 SF/W/O 2400 SF/W/O -1,700 2700 SF/W/O -3,200 1904 SF/W/O 800 Rooms Below Grade 95%Finished Unfinished 19,600 Unfinished 19,600 Unfinished 19,600 O Gera•a/Car rt 3 Car Garage 3 Car Garage : 4 Car Garage -2,000 3 Car Garage Amenities GFNDB/PT/SP GFNAC/DB/DE __-1,000 GFNAC/CP/DD/SP ' -2,000 GFNDB 3,000 Updating Updating/Average U dalin /Average} U dalin /Average U datin /Average Net AAj.(total) _ � ' .$ � ' I" :1 � a U- lS A4usted Sates Price Gross: Grass: Gross: of Comparables Net: S Net: 1 . Net: f Date of Prior Sales No prior sales in No Ina'sales in past 12 months No prior sales in past 12 months Price or Prior Sales S past 12 months 1 f Analysis of any current agreement of sale,option. ri listing el the subject properly mid analysis()Hire prior soles of sobjact and cnmparables'. None. Summary of sates cungmrisari mid h rroothrsker See Attached... This appraisal is erode 0 "as-is",or ❑ sulijecl in cmupleibn per plans and specifications not the basis of a hypothetical coalmen that the improvements have been completed,or ❑subject to th'ev,f1riilowhm repairs,alterations or conditions: See Attached—AIddendum . BASED ON AN kI EXTERIOR INSPECTION TRoMTIIE STREET OR ANDNIERIOR AND EXTERIOR INSPECTION,L E51 MATETIIE MARKET VALUE,AS DEFINED, OF TIIE REAL PROPERTY IIIATIS TIfE SIIBJECF OF NOS REPORT TO BE$ --_ ,AS OF 11/14/2002 lOCll. l'AGE 1 or 3 Fannie Mae Form 2055996 1.i....i. .111.in.....mnn',is,,.,.si,.a...,•binn,fllll r.•i...•� ..r„a.im (1 EXHIBIT t 0 I7 0( In the Weld County Assessor's Appraisal Report, it states that"The basement is a walkout style and finished of equal quality to the main floor". This is incorrect for the following— BASEMENT VALUATION- $6,610 adjustment documentation. 1. The basement ceiling height is only 7'8" in general and in several areas the ceiling height drops to 6'10". (The comps used have 9' minimum ceilings.) 2. There is less than half of the total number of basement windows compared to the main level. (The comp with the finished basement is a garden view and has half the number of windows in basement as the main level.) 3. Of the 2066 square feet in the basement 912 square feet has no exterior lighting and is designated and used for utilities/storage. This leaves only 1,154 sq. ft. (55.8 %) as livable space. 4. The appraisal obtained by owner during refinancing has the basement valued at $19,600 vs. a Weld County adjustment average of$26,210. This is a difference of$6,610. $26,210 Weld County adjustment average. - $19,600 Refinance appraisal valuation. $ 6,610 Basement adjustment. In addition, the following are discrepancies as compared to the comps. GARAGE VALUATION - $5,400 adjustment documentation. 1. There is a value for a finished garage. 2. Two of the three comps have finished garages—This property has a 900 square foot unfinished garage. 3. That value is estimated at $6 per square foot. 4. Therefore, $6 X 900 sq. ft. = $5,400. BATHROOM VALUATION- $2,000 adjustment documentation. 1. There is a value on the completeness of a bathroom. Per the refinance appraisal, that valuation comes in the amount of$1,000 per each quarter bath. 2. This property has 2.5 baths vs. 3.0 as indicated in the Weld County appraisal. 3. Therefore, there should be a $2,000 bathroom adjustment. TOTAL VALUATION ADJUSTMENT- $14,010 $ 6,610 Basement valuation adjustment W/D $ 5,400 Garage valuation adjustment + $ 2,000 Bathroom valuation adjustment $14,010 exNrelt ADJUSTED FINAL MARKET VALUATION - $494,226 $508,236 Current Weld County Market Value • _et - $ 14,010 Total valuation adjustment $494,226 Indicated Market Value Request that valuation of property at 15356 Overland Trail, Brighton be adjusted from the current Assessor Value of$504,633.00 to $494,226.00. res CLERK TO THE BOARD PHONE (970) 00 EXT 4217 FAX: (3(303)35252-0242 WEBSITE: www.co.weld.co.us ' 915 10TH STREET 111 D P.O. BOX 758 e -- GREELEY, COLORADO 80632 COLORADO July 22, 2003 FAILS KEVIN R & LISA M 15356 OVERLAND TRAIL BRIGHTON CO 80603-5721 Parcel No.: 147134001071 Account No.: R0517601 Dear Petitioner(s): The Weld County Board of Equalization has set a date of August 1, 2003, at or about the hour of 11:00 AM,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. FAILS KEVIN R & LISA M - R0517601 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 9F EQUALIZATION Carol A. Harding Deputy Clerk to the Board cc: Stanley Sessions, Assessor Hello