Loading...
HomeMy WebLinkAbout20032105.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 2003, WELD COUNTY, COLORADO - DENY PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE PETITION OF: MORNINGSTAR FOODS INC C/O ASSOCIATED TAX APPRAISSERS P O BOX 56561 HOUSTON, TX 77256-6561 DESCRIPTION OF PROPERTY: ACCOUNT#: R3565386 PARCEL#: 096117404011 - GR 12560-L L6-7-8 BLK2 GREELEY IND SUB %2400 5 AVE% SITUS: 2400 5 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 being represented by Ron Little, Associated Tax Appraisers, 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: 2003-2105 AS0055 CAP qs; (Ai Per; A---10 RE: BOE - MORNINGSTAR FOODS INC PAGE 2 ACTUAL VALUE AS DETERMINED BY ASSESSOR Land $ 72,000 Improvements OR Personal Property 251,360 TOTAL $ 323,360 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.) 2003-2105 AS0055 - RE: BOE - MORNINGSTAR FOODS INC 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 $150.00 per case. The arbitrator's fees and expenses, not including counsel fees, are to be paid as provided in the decision. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 24th day of July, A.D., 2003. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ,� �C ''•` La�7 �Adit EXCUSED Davi E L ng Chair nt k to the Board ►1861 Robert D. Mas ±-Tem- � b 'perk to the Board — M. J. G 11 e APPROVED AS TO FORM: ' William H. Jerke As taut C my Attorney4 G�/ Date of signature: %-�/ 2003-2105 AS0055 O7/O1/2OO3 12:58 713-621-2485 ASSOC TAX APPRAISERS PAGE 05 NOTICE OF DENIAL or=ICEOF cowrie-A$SSSsOR 1400 NORTH 17th AVE. a GR 12560—L L6-7-8 BLK2 GREELEY IND. GREELEY,CO 80631 s ,et a° SUB L2400 5 AVER SITU$ : 2400 S AV NE(970)3533843,EXT.3650 +� GREELEY 80631 huRt _ COLORADO • OWNER: MORNINGSTAR FOODS INC `1 ' M RNINGSTAR FOODS INC LOG 1253 P O ASSOCIATED 6 TAX APPRAISSERS Re(,`E/VED ACCOUNT O961174O4O11 65386 HOUSTON, TX 77256-6561 ./14 0 ' YEAR 2003 2003 • ATA • The appraised value of property is based on the appropriate Consideration of the approaches to value required by law. The Assessor hes determined that your property should be included in the following category(ics); . 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 fora listing of these districts,and plan to attend,these budget hearings. The Assessor has carefully studied all available information,giving particular attention to the specifics included on your protest,and has determined the valuation(s)assigned to your property. The reasons for this determination of value are; A 1982 Colorado constitutional change re ires -cottmercial .property to be valued based on actual value and assessed at 29k.• Replacement cost, market, and income are approaches used to determine the actual value of your property. Your valuation is supported by the appraisal procedures required bylaw. t PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE ' OP VALUE ACTUAL VALUE ACTUAL VALUE r' PRIOR TO REVIEW `APTER REVIEW CONjERC,SAFL • -.. , 323360 323360 . t„ . TOTALS $ $ 323360 $323360 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 Hoard of Equalization for further consideration,39-8- 1O6(I)O),C.R.S. Please sae the back of this form for detailed information on filing your appeal. By: StasleyF.Sessions O6/26/2OO3 WELD COUNTY ASSESSOR DATE 15-DPT-AR Form PR-20747)O3 ADDITIONAL INFORMATION ON REVERSE SIDE r a 002 06/23/2003 13:33 FAT 402 476 4923 P. MAY-16-2003 '10:36 NEBRASKA T1TLE COMPANY • U.S.Department of Rousing A. Settlement Statement and Urban Deeelopmcnt • OMB No.2502-0265(Page 1) R.Type of Loan 1.0 FHA 2.0 PmHA 3.0 Cony Unlns 6.File Number 7.Load Numbs 8.Mortgage Ins CubNumber a.O VA 5.0 Cony be. 6.0 Seller Finance 0217388 - - C.Note: This form Is rurnlahed to give you a statement of actual settlement costa. Amounts paid to end by the settlement agent a.e shown herrn marked"(p.o.c.)' was paid outside the(diming;they ars shown hors for infonnationat put-poem and are not included in the total.. D.Name and Address of Borrower E.Nome,Addrem,end Tax ID Numbers of Seller F.Name and Address of Lender Sentiment Foods Group,L.P.,a Delaware Limited DPP LTD.,a.Oda Unmet,p.rtn.rlNp • Partnership 67 Mstt.rym.rch Strom, 2nd Floor 2515 McKinney Avenue, Suite 1200 Beemp.MA 02110 Leekbou 30 Tai lit 8 Della;TX 75201 _ 0.Property Location(Complete address,includint kph description.It necessary) U.Settlement Await Name.Addrets said Tax ID Number Nebraska.'fine Company Lincoln Land Company's Sub•I L7,111 Lincoln,Lots 13,3,4.5,6&7.de 633 8-rim Strn 4 Lbiol.,Block 71,Let 5 LANCASTER County - Lloyd's.NE 68501 Tax ID;91-1857640 Lincoln.NH 66508 - SmAddendum Plane of:iculen%nt I.Settlement Date Nebroab.'nu.Company 5/210.003 633 South Ninth Street Fund:3/11/2003 Uneoln,Nt 66508 J.Summary er borrower's Transaction. IC.Summary of Seller.'Transaction 100.Grose Amount Due from Borrower 400.Gnus Amount Duo to Sailor lot. Contract Salo Pries 5350,000.00 40,. Contract Sales Price 5350.000.00 102. pasoosl Property 402. Penton.'Property 103. Settlement Ctsarges to borrower 564150 403. 104. 404. . 105. 405. Adjustments for Items paid by Beeler In advaace Adjustments for Item.paid by sonar he.draoc. 106. City progeny taus 406. CHy property sae 107. County property taxes • 407. County property taxes , 108. Assessmmt'Taxes 401. As.cssn'lab Taxis 109. School property taxes 409. ScJho01 property loam 110. MUD saxes 410. MUD Dates III, Otmr Vexes - A11. Other taxer - 112. 412. 113. 413. 114. - 414. 115. 415. - a E 116. 416. r 120.Oros Amount Due From Borrower 5350.6430 410. Gross Ame.al Due to sealer 3350,000.00 8 -100-Amounts Paid By Orin Babas/Of Borrower 500.Red unions In Amount Due to Seller o 201. Deposit or wmest money • 55,000.00 501. Excess Deposit 1 x02. P dpel+mount of row loan(s) 502. 3culement Charge to Sella(line 1400) 11,779.00 u 203.-Existing bens)taken subject to 503. PslBan3 Laai1(a)Taken subJmt to _ 204. Commitment fee • . 504. Palaff of firstmortgsgelean . 4 Thos. 503. Peorf of second mortgage loan 6 206. 306. n d 207. 507. 206.. 306. p 309.. 509. o Adjustments fees rtes as unpaid by sells Adjua,menta for lone unpaid by seller n 110. City property taxes 510. Cltypropmtytaxa 6' 11 ..wrypropaty sees 511. County property taxes d 212. fWetrient mxr4 512. Annulment Taxes J: 213. School property taxes . 513. School s' property taxes y 214. MUD taxes 514, MUD texas e 215. Other taxes ' - 515. O0s taxes 4 216 516. 317. 517. B6 116. - 518. . G 219. 519. 120.Tout raid Dy/For Borrower 33.000.00 520.Teed Reduction Amunt Due Seller 51,779.00 a' 4' 300,Cash Al Sseti me.4 Prom/re Borrows 606 Cash At Settlement To/From Saler 301.Goss Amo.ml Ow from barrows(Hoe 120) 3950,64130 601.Oros;Amount due to Fells(line 420) 3350,800110 d Th01.LASS amounu paid by/for borrower(line 220)- 55,000.00 602.Lao reduodons in amt der seller(line 320) 51.779.00 303.Cask From borrower 3145,41.50 603.Cull To Seller 3345,321.00 2 EXHIBIT 05/23/2003 13:36 FAX __ ----- ®003 a MAY-16-2003 10136.- L NEBRASKA TITLE COMPANY 402 476 4923 P.03 v.•r. Palm L. Settlement Charge. 700. Total Seles/Broktat Como6aaion hared on price 5350.000.00 41% w 30,00 ' Paid From Paid From Division of Commission(line 700)as follows: Harrower's Seller's 701. to Panda at late&u da Settlement Settlement 702- to 703. Conurdss on Paid at Settlement • goo. name Payable In Cbnameteo watt Loan got. Loan Onglnatton Foe % to 802. Loan Discount - lea to 803.Appraisal Pa to 804.Credit Rcport to 805.Lenders Inspection Foe to — BOO.Montage Insurance Applicatlan to 807.Assumption Pee to SOB.Tex Service Fee to 809.Underwriting Pee 10 810.Flood Certification to 900. Item.Required by Lander T.Ea Pahl In Advance 901.htaagt aom to @ /day 902. Mortgage Insurance Premium for months to 903. Hazard Insurance Premium for yeah to 1000.lineman Deposited Web Lender 1001.Hoard Insurance months CIO por maned 1002.Mortgage incuramce months Si par Month 1003.City property raze monde® par month 1004.County propaty twee months® per month , 1005.Assenment Ts-was months® per month loot School property taxes months® per month 1007.MUD cox.. months it pat month 1008.Otte tame months® pm month 1011.Aggregate Ad(uetmcnt 1100- Tlit.Charges 1101.Settlament or closing Pao to Nebraska Tine Company ' 5251.00 $22600 1102.Abstract or title search to 1103.Title examinadon _ to 1104.Tide inauranm hinds CO 1105.Darncat peeper-melon ' w peeper-melono 1106.Notary feu In 1107.Attunes?.fee to (includes above items number.: ) 1108.Tide Insurance ' to Nebraska Title Co enemy ' Seuw - (includes above]Mint nuntben: ) 1109. Landers muaraga 30.00/10.00 1110. Owners coverage $5500m0.00/5655.00 1111.Escrow fee to 1112.Overnight moil fee to a a 1113.Closing Protec Bon letter to Nebraska Tito Company 525.09 5 I i la.Who Pm to Nebraska Tln.Company 520,00 [ 1115.PSt1orsc ao]ts 10 Nebraska Title Company 5375.00 1200. Government Recording andTrassfer Charts ea - • 1 1201.Recording Fees bd 54130 :Mortgage :;Wanes S41.50 < ea cla 1202.City/county tepytu>pe Deed i Mortgage is tl 1203.Suns usfstenpe Ocod 561250 :Mortgage to LantosMr C.5aty Register el Dad* 561530 - •V 1204.Tax send Oatesto C 1205.Conveyance Fee to le 8 1206.Memo of Least Cancellation-Nina fee to Lancaster County Register of Deeds $4130 �+ 1300. Additional Sethi meet Charge. 1301.Survey to 1301e Pt Inspection tob 1400.Total Settlement Charges(cater on When 103,Section S and 505,Section K) $64150 51.779.00 1 have eareciliy reviewed the MUD-I S.Nement Statement and to t e best of my knowledge and belief.It n a gave sod accurate sL lament of oh receipts and dlthursamonu nude on my aocouna or by ma In this transaction. 1 further mrtify thm 1 have maimed a completed copy of peas 1.2 and 3 of this lux,-] IL Sattlaantt Soren omn. o Southern-F.S.Oroys,L,g.a l ware Limited ParershIp by'. DFP LTD.,>n Ohio limi W partnership by. e 1 p: SST1LgmENT AGENT CERTIFICATION p • The MUD-i S.momere Statement which Its,"prepared it a Iota and accurate Sonars Taxpayer Idendaeattoe Number Solidlatlea and Cordaunen I: amount of this man..orlon. I have caused the%bade to bo disbursed in You are required by law to provide the Settlement ASen]named above with e accord...m Mm dub staren ent your menace taxpayer identification nulls If you 00 not pro Or vide e Y Settlement Agent with your resat taxpayer IdendEutlm number,you may be 6 subject to civil or criminal penalties imposed by law. Under Panaltie of Settlement Agora Data perJury,I sanity that the earnber shown ea cob atatenena I.nay eternal Warning:It Is a mime to knowingly make Rho statements to the United Sete taxpayer Idmnncation number. on this Or any other similar Con& Pehakie upon conviction cm Include a fine and Impelsonment For detaite see:Title 18 U.S.Code Section 1001 and- ' 06/23/2003 13:37 FAX ®004 MAY-16-2003 10;36 NEBRASKA TITLE C011PANY 402 476 4923 P.04 rigid • Previous Ed ban Ob.vbtc SLUD•1 /91 ..t I ?ddk Section _AddltMval Tracts el.Land • Lincoln Land Company,Sub of LI&2 884 Undo M.lots 1,7,3,4,5,6&7.LANCASTER Camry Lincoln.NB 6808 Lincoln,Block 54.Lab 3.4.7,5,9&10,LANCASTER Count'• LlneOln,NE 68508 LLraln Land Company.Sub at'L3&.6 B84,Lot 1,53,43.6&7,LANCASTER County Lincoln,NE 68508 Lincoln Land Company's Sub of Lt 82 B103.Lou 13.3.4.3.6&7,LANCASTER County Lincoln,NE 6850E • • • EFp[ • J. Ii 4, • • • • • • B F Properties (Meadow Gold Dairies) ( Lancaster - NE ) --- arcel Nbr - ! .. Pro T , . ..,,— PType •Cnstr Dt Land SF Imp SF- 1026127001000 PARKING LOT 9,502 0 1026120002000 VACANT LAND 5,528 0 1026113007000 INDUSTRAIL BUILDING 1910 14,200 10,460 1026120001000 INDUSTRAIL BUILDING 1908 86,304 145,860 * �` = t m'1. Totals' e r' s ,- -,�'�` nm 115,534 156,320 B F Properties (Meadow Gold Dairies) ( Lancaster - NE ) -Parcel Nbr.• ? Prop Type " Cnstr ot„ , Land SF , Imp SF.`':. 1026127001000 PARKING LOT 9,502 0 1026120002000 VACANT LAND 5,528 0 1026113007000 INDUSTRAIL BUILDING 1910 14,200 10,460 1026120001000 INDUSTRAIL BUILDING 1908 86,304 145,860 a` ttltalS j. � `*:^ ' �? 115,534 156,320 pit CLERK TO THE BOARD PHONE (970)356-4000 EXT 4217 FAX: (303)352-0242 WEBSITE: www.co.weld.co.us ' 915 10TH STREET P:O. BOX 758 O GREELEY, COLORADO 80632 • COLORADO July 16, 2003 MORNINGSTAR FOODS INC C/O ASSOCIATED TAX APPRAISSERS P O BOX 56561 HOUSTON TX 77256-6561 Parcel No.: 096117404011 Account No.: R3565386 Dear Petitioner(s): _ The Weld County Board of Equalization has set a date of July 2003,at or about the hour of 2:30 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. MORNINGSTAR FOODS INC - R3565386 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 QUALIZATION arol A. Harding Deputy Clerk to the Board cc: Stanley Sessions, Assessor RONALD LITTLE, ASSOCIATED TAX APPRAISERS P.O. BOX 56561 _ HOUSTON TX 77256 Hello