HomeMy WebLinkAbout20032228.tiff RESOLUTION
RE: THE BOARD OF EQUALIZATION, 2003, WELD COUNTY, COLORADO -
STIPULATE
PETITION OF:
VISTA RIDGE DEVELOPMENT CORP
1333 W 120 AVE #100
WESTMINSTER, CO 80234-2709
DESCRIPTION OF PROPERTY: ACCOUNT#: R1388502 PARCEL#: 146732402052-ERI
VR TRACT 7A&7B & 8 &9 & 10A& 10B & 10C & 11 & 12 & 13 & 14A& 14B & 15 &20 VISTA
RIDGE ALSO PT VAC WCR 5 ADJ TO 1745 COLORADO 7 HWY ERIE 80516
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 propertywithin 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,in lieu of the hearing scheduled before the Board of Equalization a Stipulation
was agreed upon by the Assessor and said petitioner(s), and
WHEREAS,the petitioner(s)and the Weld CountyAssessoragree that the assessment and
valuation of the Weld County Assessor shall be, and hereby is, stipulated as follows:
ACTUAL VALUE
AS DETERMINED ACTUAL VALUE
BY ASSESSOR AS STIPULATED
Land $ 1,001,200 $ 1,001,200
Improvements OR
Personal Property 1,798,800 1,248,800
TOTAL $ 2,800,000 $ 2,250,000
2003-2228
AS0055
(AC '; 4s, c,9, Fcm
RE: BOE - VISTA RIDGE DEVELOPMENT CORP, R1388502
Page 2
WHEREAS,said Stipulation shall resolve all issues to have been determined by the Weld
County Board of Equalization.
NOW,THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County, acting as the Board of Equalization, that the Stipulation agreed to by the Weld County
Assessor and the above-named petitioner(s) be, and hereby is, accepted by the Board.
The above and foregoing Resolution was,on motion duly made and seconded,adopted by
the following vote on the 5th day of August, 2003.
BOARD OF COUNTY COMMISSIONERS
gad--14W COUNTY, COLORADO
ATTEST:
vid E. Long Chair
Weld County Clerk to the Board
Robert D. M en, Pro-Te
•� � the Bo
M. J. ile
ORM:
•
�O, William H. Jerke
o ty Attorney S
Glenn Vaad �`
Date of signature: S'-/J /' 7
2003-2228
AS0055
07/23/03 12:11 FAX WELD ASSESSOR Z002
2003
COUNTY BOARD OF EQUALIZATION RECEIVED
WELD COUNTY
JUL 2 5 2003
ASSESSOR'S ACCOUNT NUMBER R1388502 WELD COUNTY ASSESSOR
GREELEY, COLORADO
•
STIPULATION (As To Tax Year 2003 Actual Value)
RE PETITION OF
NAME: Vista Ridge Development Corp
ADDRESS: 1333 W 120 Ave #100
Westminister, CO. 80234-2709
Petitioner(s), Vista Ridge Development Corp and the Weld County Assessor,
hereby enter into this Stipulation regarding the tax year 2003 valuation of the subject
property, and jointly move that the Board of Equalization to enter its order based on this
Stipulation.
Petitioner(s) and the Assessor agree and stipulate as follows:
1. The property subject to this Stipulation is described as:
ERI VR TRACT 7A &7B & 8 & 9 & 10A &10B & 10C & 11 & 12 & 13 & 14A
& 14B &15 & 20 VISTA RIDGE ALSO PT VAC WCR 5 ADJ TO 1745 COLORADO 7 HWY
_(legal description)
2. The subject property is classified as Commercial
property. (what type).
3. The County Assessor originally assigned the following actual value to the subject
property for tax year 2003.
Land $ 1,001.200
Improvements 1.798.800
Total $ 2,800,000
3. After further review and negotiation, the petitioner(s) and Weld County Assessor
agree to the following actual value for the subject property_
Land $ 1.001.200
Improvements 1,248.800
Total $ 2,250,000
2003-2228
07/23/03 12:12 FAX WELD ASSESSOR 1003
5. The valuations, as established above, shall be binding only with respect to tax
year 2003.
6. Brief narrative as to why the reduction was made: Value was adjusted during
protest and was further adjusted based on estimated income value. Subject
property is a new golf course, and the value adjustment reflects start up time.
7. Both parties agree that the hearing scheduled before the Weld County Board of
Equalization on July 28, 2003 at 3:00 PM be vacated: or, a hearing has not yet
been scheduled before the Board of Equalization (check if
appropriate).
DATED this 23t day of J , 003.
' n or Attorney Petitioner(s) or Attorney
Address. Address:
AL, e4evi.,b.✓sAc Res.4.,f
v.,i/ g;d.JC Dew. op.w.,,f Ca/rare JOA
Ian w. DS tti AV. s-M loo
Weatm;oaFc,/'�Co. 80;134
Telephone: 3o3-Sao-9Yoo .2S Telephone:
pounaef
ty Assessor
Address:
1400 N.17th Avenue
Greeley, CO 80631
(970) 353-3845 ext. 3656
Hello