HomeMy WebLinkAbout910933.tiff RESOLUTION
RE: THE BOARD OF EQUALIZATION, 1991, WELD COUNTY, COLORADO
PETITION OF:
WAREHOUSE PROPERTIES LTD
650 SO CHERRY ST SUITE 1015
DENVER, CO 80222
DESCRIPTION OF PROPERTY: PIN: R 6298186 PARCEL: 147131006010 - BRI BIP3-10
L10 BLK3 BRIGHTON INDUSTRIAL PARK LIMITED%740 N 9 AV DR%,
WHEREAS, the Board of County Commissioners of Weld County, Colorado,
organized 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 1991, 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 1991, 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 County Assessor agree that the
assessment and valuation of the Weld County Assessor shall be, and hereby is,
stipulated as follows:
ORIGINAL ADJUSTED
Land $ 9,590 $ 16, 020
Improvements OR
Personal Property 154, 700 118, 980
TOTAL ACTUAL VALUE $ 164,290 $ 135, 000
WHEREAS, said Stipulation shall resolve all issues to have been determined
by the Weld County Board of Equalization.
910933
Page 2
RE: BOE - WAREHOUSE PROPERTIES LTD
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 9th day of August, A.D. , 1991.
�� BOARD OF COUNTY COMMISSIONERS
ATTEST: WELD COUNT C ORADO
Weld County Clerk to the Board
Gord n acy, Ch man
By: 77, �� EXCUSED
Deputy Clerk to-1 sherd Geor e Kennedy, Pro-Tem
APPROVED AS TO FORM: '�A�t-a/Cf-/-
Constance L. "�HJ,aarLbeerrt Ill Assi` t County Attorney C. W. Kirb /
W. H. Webster
910933
BOE DECISION SHEET
PIN #: R 6298186 PARCEL #: 147131006010
WAREHOUSE PROPERTIES LTD
650 SO CHERRY ST SUITE 1015
DENVER, CO 80222
HEARING DATE: July 30, 1991 TIME: 10:00 A.M.
Ra'c-A-4
HEARING ATTENDED? 04N) NAME: ,10D-Ivi-= /}_w.f _. r) c9-c.ibzza=sue
am{
AGENT NAME:
DECISION:
DECREASE IN VALUATION
INCREASE IN VALUATION
NO CHANGE IN VALUATION
ASSESSMENT RATIO
ACTUAL VALUATION
ORIGINAL ADJUSTED
%lei O�-G•
Land $ 9590 $ 1Sfyrigt,
Improvements OR
Personal Property 154700 /// Sgt)
Total Actual Value $ 164290 $ !�� r0e)
COMMENTS:
MOTION BY TO
SECONDED BY Lacy (Y/N)
Kennedy (Y/N)
Failed to meet burden of proof Harbert (Y/N)
Comparables inadequate Kirby (Y/N)
Assessor's data unchallenged Webster (Y/N)
Other:
RESOLUTION NO. 310933
e11 — - cCR — / ? '
DO 063
91570th STREET
[ l ^, NOfiCE OF DENIAL cReEL1510th ao631
PHONE(3031356-4000, EXT.4256
W�`�P I BRf- 1iilP3-10 L10 BLK3 BRIGHTON INDUSTRIAL PARK
LIMITE13%740 N 9 AV DR%
COLORADO C
1 u I',
740 N 9 AV BRIGHTO
OWNER WAREHOUSE PROPERTIES LTD
WAREHOUSE: PROPERTIES LTD PARCEL 147131006010
PIN R 6298186
650 SO CHERRY ST SUITE 1315 YEAR 1991
DENVER CO 80222 LOG 03178
:35/28/1991
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 categorybes):
Residential property is valued by considering the cost and market approaches.
Agricultural land value is determined solely by the earning or productive capacity of the land, capitalized at a rate set by law.
Producing mines are assessed at 25%of the gross proceeds or 100%of the net proceeds,whichever is greater.
Oil and gas leaseholds and lands are assessed at 87.5% of the gross value of the oil and/or gas sold or transported from the premises on
primary production;secondary production is valued at 75%.
All other property, including vacant land, 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 deter-
mined the valuation(s) assigned to your property. The reasons for this determination of value are:
NO CHANGE HAS BEEN MADE TO THE ACTUAL 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.
FEDERAL INCOME TAX RETURNS ARE NOT ACCEPTABLE INCOME DATA TO
SUPPORT VALUATION. A MORE DETAILED INCOME BREAKDOWN FROM PROFIT
LOSS INDICATING RENTS & EXPENSES WOULD BE ACCEPTABLE TO ASSIST
THIS OFFICE TO VALUE YOUR PROPERTY IN THE FUTURE.
PETITIONER'S ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ESTIMATE ACTUAL VALUE ACTUAL VALUE
OF VALUE PRIOR TO REVIEW AFTER REVIEW
LAND 9x590 9.590
IMPS 154.700 1542700
TOTALS $ $ 164. 290 $ 164. 290
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. WARREN L. LASELL 06/19/91
WELD COUNTY ASSESSOR DATE 91_09371 91
15 Form PR 207-87/91 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 10 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.
(' _ .
t - WELD COUNTY BOARD OF EQUALIZATION
- . , 915 10th Street, P.O. Box 758
Greeley, Colorado 80632
Telephone (303) 351 -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 l7ETEtIMINATION:
The County Board of Equalization must make a decision on your appeal and mail you a determination within five
business days. The County Board must conclude their hearings by August 10.
'€AXPAYER RIGHTS FOR FURTHER APPEALS:
If you are not satisfied with the County Board of Equatization`s derision, you must file within thirty days of the
County Board of Equalization's decision to ONE of the following:
Beard of Assessment Appeals (BAA):
Contact the BAA at 1x$13 Sherman, Room 315, Denver, Coiorado 80203, (303) 866-5880.
District Court:
9th Avenue and 9th Street, P.O. Box C
Greeley, Colorado 80632
Telephone (303) 356-4000; Ext. 4520 .
` • Arbitration: -
vilt_LD COUNTY BOARD OE i-QUALIZATlON
"915 10th St:reet, P.O. Box 758
- ' Greeley, Colzirado $0632
Telephorie (303) 356-4.000, 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 18.
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.Attach additional documents as
necessary,
1 . The Assessor failed to propertly consider the income approach to
valuation and- failed to recognize copies of Federal Income Tax return
information submitted as proof of the incme and expenses .
2 . My protest letter and exhibit dated May 23 , 1991 are restated and
incorporated herein by reference .
oNere.‘4,-to ii-ti;.=-;' . ov
f July 12 1991____._—__._--.___.— - - _
glGN:1Tl1F1E�F P tTi ,N" a r TF
( ftb
CLERK TO THE BOARD
\ P.O. BOX 758
'111 GREELEY,COLORADO 80532
C. (.i03)358-FOOD EXT.1225
COLORADO •
July 16, 1991
Parcel No. : 147131006010 PIN No. : R 6298186
WAREHOUSE PROPERTIES LTD
650 SO CHERRY ST SUITE 1015
DENVER, CO 80222
Dear Petitioner(s) :
The Weld County Board of Equalization has set a date of Tuesday, July 30,
1991, at or about the hour of 10:00 A.M. , to hold a hearing on your
valuation for assessment. This hearing will be held at the Weld County
Centennial Center, 915 10th Street, Greeley, Colorado, in the First Floor
Hearing Room.
You have a right to attend this hearing and present evidence in support of
your petition. The Weld County Assessor will be present before the Board.
The Board will make their 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 10, 1991, and mailed to you on or before
August 16, 1991.
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.
WAREHOUSE PROPERTIES LTD - R 6298186
Page 2
At least two (2) working days prior to your hearing the Assessor will have
available, at your request, the data supporting his valuation of your
property.
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,
BOA OF EQU IZAT ON
Donald D. Warden,
Clerk to the Board
BY: „ere� t
Carol A. Har ing, Deputy G,(
cc: Warren Lasell, Assessor
91(+;92
Q 4 VZ
. -. 3 60O _F
• a) 4. � Ci
CO
m o ��
> _
V) e X Mf
W
o a° 7'•11 c
nit" Nc.
� n �
C: l\
Y ? F
3 3 w• 0. i � 0 o'° Y N 1-
t) Slit {r Cg i h �t a f-i 0 vc -
no cqQ 'ti
n I. "s
N Q
, 14 v, n* +
a Li 1 5
A VC
O� -4..S c° Li 7 w
v)
cc Li
cr CI
a.J %
i 4- O _ O r( � Do K 111
s- k 1, o o cr\j a O 7 7 � Z T �. � �- p n
x 3 3 3 3 /
N. Q ��� •" -:, y^
vi r d 1- d � d �- 11 /L
N ., cb d I-
J °' � i ` °N° o �9 t� o e h I- o m
s_ o o � C°°, a
-• -s4 1^ 0 N O J
"I Z ct
d 2' I--•
N r p N p 1_ J ti 0 1--
� g g a g n M 8 a 4t, 4
IL' -2 O m J -- No 1, _, A co
J V �
-1 \ \,-
19.M ` O � 41 ,,,cli Vp Os u v O oo g 8 0 0 o ° l
atC--- c. O p Wit-cr- cz Q 0 O
a a' .J V. .3 Q �_ � � v I-
M� \s.'-- �S •,,,› N9 N
�x� y� w (7
c Vet Es ¢Z
2 N 2
c..)
O 0' DO O O
s0 V °;° p0 Q Z
O M • v) n
c in (7( �
C I
�_ rY)
at
2 __
00 Iti
°p Q 2 J II-
a Z LL
Oh r c., o- >L �°. cd o^ ? ° i „ a
in°1 Cr- L- s - rL —j W w Oo
�: tn n — 3� 44 a�"' k�
c c a.c tll v It F rt K oC M d y
o a ¢ v) � M o 3 - aJ y 'Sr 1;° s � o ,
_ 1� _ t9 ° 2 � 1 91.Cyc : z
Subject : *La5g186
/471-3r-0 -0L -O0 /
NO N rh Aug
„ip0 hTo M
a A"
q
wx4 A�''Sa
h
t"a' y°1' S,.ti L�. 'Kr+?'[' Y •
-
—•,�rj�rT e++w
/VoR74EAST 14
i y ri
eornt, '� t
COMPARABLE SALE
225
. "`% .�
• r 3.�,a-. i ,
r ANDCO
44 J
r �"r
f :
r _
I 1.4 •• '
owl -I It
PIN: 5292086 PARCEL # : 130932000022
OCCUPANCY: WHSE STOR
ADDRESS: DENVER AV N 1632
RANGES
SALE DATE: 03/23/90
SALE PRICE: $140,000
GRANTOR: ANDERSON HOLDING CO
GRANTEE: ANDCO FISIHING TOOL BLDG SIZE: 6,000
CONSTRUCTION-QUAL: AVG YEAR BLT: 1978
PR/SF(IMPS) : $16.67 CLASS: C
PR/SQ FT: $23 .33 WALL HEIGHT: 16 FT
LAND SIZE: 174 , 240
LAND VALUE: $40,000
LAND/BLDG RATIO: 29 .04
REMARKS: SALE ADJ BASED ON INCOME
0
0
91052 z
crnp atcl
COMPARABLE SALE
246
tat e
{
6! tom.
fl
i
K' !f
6
V -
PIN: 6292086 PARCEL #: 147131000077
OCCUPANCY: RETAIL
ADDRESS: 27 CR 151
BRIGHTON
SALE DATE: 12/15/89
SALE PRICE: $61 ,400
GRANTOR: SHEPHERD, GEORGE
GRANTEE: BRIGGS, ROBERT BLDG SIZE: 2,432
CONSTRUCTION-QUAL: LOW YEAR BLT: 1957
PR/SF(IMPS) : $22 .80 CLASS: C
PR/SQ FT: $25.25 WALL HEIGHT: 12 FT
LAND SIZE: 11 ,326
LAND VALUE: $3 ,430
LAND/BLDG RATIO: 4 .66
REMARKS: PREVIOUS SALE 12/31/86 $65,000, USE WAS CHANGED AFTER SALE.
01_i.s;7e33
Court 43
COMPARABLE SALE
238
•
1 , 71—\ c
' - _ =ti. ti
PIN: 6109686 PARCEL #: 147105211001
OCCUPANCY: SERVICE GARAGE
ADDRESS: MAIN ST 540
FT LUPTON
SALE DATE: 11/12/87
SALE PRICE: $175,000
GRANTOR: DALTON, PAUL
GRANTEE: PURIFOY, ROLAND BLDG SIZE: 13 ,280
CONSTRUCTION-QUAL: AVG YEAR BLT: 1958
PR/SF(IMPS) : $12.07 CLASS: C
PR/SQ FT: $13 .18 WALL HEIGHT: 12 FT
LAND SIZE: 21 ,000
LAND VALUE: $14 ,700
LAND/BLDG RATIO: 1.58
REMARKS: BUYER SAID BLDG IN POOR COND; ROOF LEAKED
PRIOR SALE 12/31/86 $155,000 TO DALTON
9.1C933
eici iG
W 10 01 r a' c.-1
cr a, H
'I'
01 O M
W H O O H M> ,.,p/N H H 10 N i Ci L
th N u} [h U) F'
r
id n
p O H 01 U) 01 CO U) '-I CO N CO M S. T at p CO N M d' M H O V' Ill N H
a\ N U) U) O 10 01 •V' d' In \O H O
Cl li
H M M .-I H H O1 H1 W
H H H
W 7M
4
v) ar rh 1/3- rh v} 44
G
O
O 10 In U) h O N N '-I 0 0
N F.
cr
d' Hi M d' d' O H N N M V' O O
W n V' c-- W N M V' V' V' M O l0co
U)
H N H M I 4-1 IN
EA H H H N
] v) If? v) rn m
ci 1-4
H'I 34
a 4-) � a w w � "
H }J - O
H
a H U co I
ta
W > a I H
al aa+ O tai
o H U U
W 411
-P -PO O >Y •.G-I •.G-I
ca Cn
O W U Q w w U N N N
a
a W uu
p, b N U j b1 p,
U U
3 �' o o ro
ro ro > ao ao ao
> > co d' co
O PI N (CI +� +O oO 10 V' Ol
p.ro N NN 10 HI CI
Z Nw wwvv S.4 $.4
H N W LI m a) ro ra 01 0 0
01 vv +roi rorovv om
4-, a) O Q w% pros G G > > Mm
N U a) bH tr'4
Men G G L N VI d M
'-CI U C C 04 H 0 al W ro ro 0 0 I I to th
G O al O N k �� U U 00010 QUO
W •� G V) G -m •
a1 W o 0 00 01 CO rn
'rl o\o o\o `01 01 01 01
-P -Pa) Ul al Vl ++ W -P3 co U) 10 N HI H1 HI H
W O N C g w a) H -HI .-I HIHI H H
a m b 0 0 0 )4 m e w ai w m m >
4 I
w alm C4ZUHC14P 0 ON a) al w g w
0 x v ro
0 W z --% 3 3 z 3 ro
H
Subject : *6429. skigh
147/-31-0 --04 -Oo/
7�o M 974 Avg
�R q hTo40
M
wMi► 'R
4 41140 .
NoRTAtsar V/EW
+ E XrH lliqi
911 (0(7\ne`3,
1991
D BOAR -OF EQUALIZATION
WELD COUNTY, COLORADO
ASSESSOR'S PIN NUMBER E2 lg/8h
STIPULATION (As to Tax Year /99/ Actual Value)
RE PETITION OF
NAME:
ADDRESS:
Petitioner(s) , leAerkilce "Ree 7TeS 47L1
and the Weld County Assessor, hereby entet into this Stipulation regarding
the tax year "I/ valuation of the subject property, and jointly
move the Board of Equalization to enter its order based on this
Stipulation.
The Petitioner(s) and the Assessor agree and stipulate as follows:
1. The property subject to this Stipulation is described as:
2. The subject property is classified as 67/73YIeet//4.-
/nulr -7;;Axe/ec property (what type) .
3. The County Assessor originally assigned the following actual
value on the subject property for tax year /`/;Ff
Land $ 75YO
YO
Improvements $ /3- D-0
Total $ /41,257C
4. After further review and negotiation, the Petitioner(s) and Weld
County Assessor agree to the following tax year /9 f4( actual value
for the subject property: tel. /003,r
Land $ %
Improvements $ / (7
Total $ / $Si 900-@
5. The valuations, as established above, shall be binding only with
respect to tax year in, .
31. )933
I
6. Brief narrative as to why tile reduction was made:
A.FTe2 4)/SCttSS/ne cri � twee}ink 2,,, ,U i . �¢�
PAST-�(c�einAnc e D� Div- S u 'FAT ��R TAP betiS/.<
PM irmct> r A�ju t 7— air,S-vd een /.-��w 49,sweiar4
7. Both parties agree that the hearing scheduled before the Board of
Equalization on (date) at
(time) be vacated; or, a hearing has not yet been scheduled before the
Board of Equalization (check if appropriate) .
/-41 ///
DATED this 3 Tit
()_ day of ( /i/ 1991.
aMi'w�-141/Se /4 '�v1/2Q% c=St ACT-r
Petitioner(s) or Attorney Pe itione-c(5-}
�2 y.�- ,e lL -
Address: Addr ss:
-,„Ar.?,--) e es, r� �0�d�
Telephone: Telephone:
c'i.1'AfiNf i -of s yi,
County Assessor
915 Tenth Street
Greeley, CO 80631
(303) 356-4000, Extension 4256
9:x_093
Hello