HomeMy WebLinkAbout901450.tiff RESOLUTION
RE: THE BOARD OF EQUALIZATION, 1990, WELD COUNTY, COLORADO
PETITION OF: PIZZA HUT OF WINDSOR
% JAMES E WINTER
2414 N WOODLAWN SUITE 201
WICHITA, KS 67278 - 9950
DESCRIPTION OF PROPERTY: PIN: P 0011423 PARCEL: 080717302001
- 1000 12 ST WINDS WIN WMB 2-1 WINDSOR MANOR (BUS PK)
WHEREAS, the Board of County Commissioners of Weld County,
Colorado, organized as a Board of Equalization for the purpose
of adjusting, equalizing, raising or lowering the assessment
and valuation of real and personal property within this
County, fixed and made by the County Assessor for the year
1990, and
WHEREAS, said petition has been heard before the County
Assessor and due notice of adjustment thereon has been given
to the taxpayer(s) , and
WHEREAS, the taxpayer(s) presented a petition of appeal
to the County Assessor's valuation for the year 1990, claiming
grounds for relief thereunder stating the property described
in such petition was assessed too high, as more specifically
stated in said petition, and
WHEREAS, said petitioner being represented by Dougherty
& Scavo, who submitted a letter regarding said petition, 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 Board of
Equalization, that the evidence presented at the hearing
clearly supported the value placed upon the Petitioner's
property 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. As such, this Board finds
that the Petitioner failed to meet its burden of proving that
the Assessor's valuation was incorrect. The assessment and
valuation of the Weld County Assessor shall be, and hereby is,
affirmed.
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:
901450
Page 2
RE: BOE - PIZZA HUT OF WINDSOR
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. (39-8-108 (1) , CRS)
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 523
Denver, CO 80203
Phone: 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. (39-8-108 (1) , CRS)
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. (39-8-108. 5, CRS)
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
Page 3
RE: BOE - PIZZA HUT OF WINDSOR
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 30th
day of J y, A.D. ^ �,0.
ATTEST:
//I / // BOARD OF COUNTY COMMISSIONERS
���(�G l/7
WELD OUNTY, COLORADO
Weld County Clerk t the Board ,Pr
Gene R. Bran ner, Chairman
eputy Clerk t the Board �4
Ge rg�dd y, Pro-Te
,,,,,,,y,P.ReVED AS TO FORM:
l onstance L. Haroert
) I ,{ /�J c'-.�-.�. /- l 17/,c` y
County Attorney" C. W.
?�
r___
OFFICE OP COUNTY ASSESSOR
915 10th STREET
GREELE.Y,COLORADO 80631
NOTICE- OF ADJUSTMENT PHONE(303)356-4000, EXT.4256
"'ilk WIN WM1i 2-1 WINDSOR MANOR (BUS PK)
COLORADO
loo0 12 ST WINOSUR
OWNER PIZZA NUT OF WINDSOR rfti.�..._
DOUGHERTY G SCAVO PARCEL oaoiliJo`.2'0"01 -
PROPERTY TAX CONSULTANTS PIN P 001142,3, .'
ri
220 t MULBERRY ST YEAR 1990 '"'
FT COLLINS CO f.30524 LOG 00104
07/05/1990
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 category(ies):
Residential property is valued by considering the cost and market approaches.
Agricultural land value is determined solely by the earning or production 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:
YOUR PERSONAL PROPERTY ACCOUNT HAS DEEM ADJUSTED FUR 1990.
PETITIONER'S ASSESSOR'S VALUATION _
PROPERTY CLASSIFICATION ESTIMATE ACTUAL VALUE ACTUAL VALUE
OF VALUE PRIOR TO REVIEW AFTER REVIEW
PERSONAL PROPERTY S5stad 511863
TOTALS $ $ SSD Obt3 $ SI s tifs..1
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)1a1,C.R.S. Please see the back of this form for detailed information on filing your appeal. .
BY: RICHARD W. KEIRNES tn/as/90
WELD COUNTY ASSESSOR DATE 28
15-DPT AD
Form PR-20787/90 ADDITIONAL INFORMATION ON REVERSE SIDE A
'SOTS) I-LA E: I I-IL E°LSETE f TC). APPEAL. THE ASSESSOR'S DECISION
I . _ Oils Ittsfa t,r3ic 4., t " Doi ortah000 hochah 7ktoas1 lE for real property
tFhei.s. ti .t i;iEfs, roachmely, :ISO eso siesea . 39-8-101 -And 39-£3-107(2T C.R.S.
.. \Es haem / fceeo to Ilse County Board of
>,E , . too ,t, El—LEI. LOA DEE REiD i3N OR BEFORE
, s/ T, . n , D I.1) OR ..t o AtHEif IDE OR BEFORE
a II II C0i., :ci.. . , -..
t.v,
s. e2 .n14
. .,Eon thEou . tics( . t i 3_Q= , atics; , 1.( tol sus /oust ,iiP NAdtrl .t Thirty dot's of the CU inty
Eh u' M. ffss ornent Appeals ii3,AA!:
O/stroa:Court.
'itn,a :4 CT(t, .t5i) illf ti. Ext. 'A-TEO
3
, S . ., ,331 v,. • iii ti,' 211 "ap000 ssath
ti OthE 3 1-'OC:O-ITS YO . t3CdSI P At \iF E:A..1 9ToVE FILED A TIMELY APPEAL.
. ..____ >' a, 3.O THIS ''O`..,6`ITR `c)ARn OF Fati.,7a;,.IZATECI:V
..a a , d. A E „_ C is na s ,T . a .t Asti`, _ . /so., ..,c; ,7i 0. t som' .. 'ts as rofess.a(y.
i
?115196
_ _ --- --
DOUGHERTY & SCAVO •
PROPERTY TAX CONSULTANTa I/" ?,
220 E. MULBERRY ST. J i 1 /- 2
FT. COLLINS, COLORADO 80524 e; `_r,,
PHONE: (303)493-0980 TG j i,`
THOMAS N. DOUGHERTY L_±"„-.;M JAMES A. SCAVO
FAX: (303)482-0860
July 17, 1990
Mr. Richard W. Keirnes
Weld County Assessor
915 10th Street
Greeley, CO 80631
Re: James E. Winter
DBA Winter Enterprises
1000 12 St. , Windsor, CO
0807-17-3-02-001
Dear Mr. Keirnes:
Please regard this letter as formal protest of the current
valuation of the above referenced property.
Enclosed is authorization for Dougherty & Scavo to represent
the above referenced property owner in this matter. Additionally
please find documentation enclosed to support an actual value for
this property of $190,000.
Thank ou for your consideration.
Sincere
Tom Dougl
DOUGHERTY & SCAVO
TD:bh
Encls .
DOUGHERTY & SCAVO
90-029
44*-"
Pizza-Hut '
. .
• G
DOUGHERTY & SCAVO
90-029
PARCEL NUMBER: 0807-17-3-02-001
CITY: Windsor
ADDRESS: 1000 12th Street
USE: Commercial Land/Restaurant-Fast Food
CONSTRUCTION TYPE: Frame
NUMBER OF STORIES: 1
BUILDING SIZE: 2,902 SF
LOT SIZE: 39,019 SF
CONDITION: Good
COMMENTS:
This is a typical Pizza Hut type facility with normal
construction and design for a pizza restaurant. The condition is
good. It is important to separate "Pizza Hut" goodwill value
from the real estate value. We will do that by looking at
"market" rent rates for the income approach to value and the cost
approach to value.
DOUGHERTY & SCAVO
90-029
INCOME APPROACH TO MARKET VALUE
Gross Income Potential: 2,902 SF @ $14 .00/SF $40,628
Less: Vacancy & Credit Loss (15%) (6,094)
Less: Operating Expenses (25%) ( 10, 1571
Net Operating Income: $24,377
CAPITALIZATION RATE = 13%
INCOME VALUE _ $187,515
Parcel Number : 0807-17-3-02-001
Property Owner : WINTER
Address : 1000 12TH STREET
City, State, ZIP: WINDSOR, CO 80550
Surveyed by : TD
Date of Survey : 7/90
Occupancy: Fast Food Restaurant
Floor Area: 2,902 square feet Number of stories : 1. 0
Class: Frame Average story height: 10 . 0 feet
Cost rank: Average Effective age: 3 years
Cost as of: 6/88
Heating and Cooling:
Package Unit 1008
Other features:
•
Units Cost Total
Basic structure cost 2,902 51. 76 150, 208
Extras:
WIC
Replacement Cost New 6,500
156,708
Less Depreciation:
Physical and Functional <4 . 0%> <6,268>
Depreciated Cost 150,439
Miscellaneous:
LAND 39, 019 0 . 70 27,313
CONCRETE PAVING 968 1 . 62 1,568
ASPHALT PAVING 21,938 0 . 78 17, 111
Subtotal
Total 45, 992
196,431
Assessed Value 29% 56, 964
Cost data by MARSHALL and SWIFT
This land only parcel was purchased 12/30/85 with the intent of
building a "Pizza Hut" restaurant. At that time all utilities
were to the site and the only improvements needed were curb and
gutters . No special street work was required (i.e. deceleration
lane) .
The 12/30/85 purchase price was $. 34/SF (3 acres for $45, 000) .
Adjusted for subdivision and curb and gutter, the value would be
$ . 70/SF at best.
DOUGHERTY & SCAVO
90-029
CONCLUSION
INCOME APPROACH TO VALUE _ $187,515
MARKET APPROACH TO VALUE = N/A
COST APPROACH TO VALUE _ $196,413
VALUE REQUESTED = $190, 000
•
n •.ti.._.. ,.. ..T —�..�-....r. .f- • ,T,r...,. .r', n-n r.... .....M,•eT\w..-^.•�ebN!7•�:rH}'T�.'.`^Y. -.�
VACANT LAN ;ONTAAGT TO BUY AND SELL F LL ESTATE
teemediss include Specific Performance)
the Pr'iated pottieas of this form approved by the Colorado hal rotate Commission(SC 29-2431)
THIS IS A LEGAL INSTRUMENT, tF NOT UNDERSTOOD.LEGAL. TAX OR OTHER COG'NSEL SHOl)LO BE CONSULTED BEFORE SI NINC.
I.The undersigned agent hereby acknowledges!melee received from wintLZ EAtQY^.1≥-S3P.3
the sum of S llee •4Q „in the form of_'=_1.1,C_ . to be hold
,'� N2NE'1 Areal %gtate s broker.in broker,escrow or trustee account,as earnest money end
?en payment for the following described real°stets in the _.,aid county of we)rl
Coleredetowit. 3 (threet 1+ acres of the Southeast nortionei£ the general
ommercial area of Windsor ;tanor lubdivisior_. Zxact location will INe
determined by survey agreed upon by both parties , See Exhibit A for
5noroximate location. r.7indsor Manor r3ubdivision is a ^art of S +k eec.17 ,
C'it F6 D7 OF `hip. Fith P.`T Tam of Ylndior, Count'? or -:'pld.r f'tattle of Colorado.
together with all easements and rights of way appurtenant thereto.and all improvements thereon and ell fixturee of a permanent nature curreody tm
the premises except as hereinafter provided, in their present coadittoo,ordinary wear and tear excepted„ and hereinafter called the Property..
2,The undersigned penance) inter �r2 r•sr
__----. tom.,�t r ras a r z a a q_r.ri v_
ro. trial ttgae6ta+tas.,,r4e m`wmr..wti, hereinafter called Purchaser, hereby agrees to buy said Property. end the undersigned ownertel,hereinafter
celled Seller,hereby agrees to sell said Property upon the terms and conditions suited herein.
3.The purchase price shell be U.S.S 4 5,()DO fl ,payable as follows:a r. t7 Apt 4F) hereby
mce+ptedfor: 544, 000.00 payable by cashiers check or certified funds at time
of eselivery of deed. Lach tarty agrees to nay their own customary closing
coats,
a.Price tolncluaw. Utilities to pronerty line
•
-- -
and tha following waterrights: )tONc
S.ll anew loan is to Ire obtaiaad by Purchaser from a third party.Purchaser agrees to promply and diligently(a)apply for nictitate.(b)execute ell
documents and furnish ell information and delegate required by the Lender,and(c)pay the customary costs of obtaining
Icon Is not approved on or before May 6� $5 n 118 such leas Than l4 such
19_.___,or if so approved but is not available at time of closing,thts contract
shall be null end void and all payments end things of value received hereunder shell be returned to Purchaser,
0.1f a note end trust deed or mprtgage is to be assumed.Purchaser agrees to apply for a loan aeaumption if required and egrets to pay(1)a loan
traducer fee not to exceed s 11/A and(al an intermit rate not to ex VA %per annum.If the loan to he asettmod
has provietoaa for a Shared equity or variable intereS1 rates or variable payments,this contract la conditioned upon the Purchaser reviewing end
consenting to such provisions. if the tender's consent to a leen assumption is required, this contract le conditioned upon obtaining such consent
without change in the terms end conditions of such loan except es herein provided
1.if a note le to be mode payable to Seller as partial or full payment of the purchase price, this contract shall not be eselgesble by Put-timer
without written consent of Soper.
8.Coat of any eppralsel for loan purposes to be ebtained after this date shall be paid by rtIrchFlSt;st
e. Aa abstract of title to the Property, certified to date,or a current commitment for title insurance policy in an emotmt equal to the purchase
price,at Seller's option and expense,shell be furnished to Purchaser on or before may . 196L i If Seller elects to
furnish maid title insurance commitment, Seller will deliver the title inetuaneo policy to Purclueer after closing end pay the preedam thereon.
10.The date of,.being shell be the date for delivery of deed ae provided in paragreph it.The hour and platy of closing shall be tie destgneted by
,>•a:(r ciss :Seals .;etste
t t.Title shall be merchantable in Seller.except es abated in this paragraph end In paragraph,12 and 18.Subject to payment or tender as above
provided and compliance by Purchaser with the other terms and provisions hereof, Seller shell execute end deliver • good and
sufficient 'Th?nFrd1 _warranty deed to Purchaser nn 'lei/ 1 _
19 a .or,by mutual agreement,et an earlier date,conveying the Property free and clear of all taxea,except the general texts for the yoer of
closing,and except :1O11O
tree and clear of all bone far special improvements installed as of the date of Purchaser's signature hereon.whether assessed or not;free and clear of
anima end encumbrances except none
now the following roslriethe covenant*which do aW cantata.eight of reverter: none
.3u9 except the follow.log specific recmtled euddrsr uppercut eesementa:
T73caae of record
m1.-17-1990 1990 13':27
,:7'4').4,,..-41- :, t • t �,ir z�, y4x +(, t •, if ,r• • rya.G�M
I t �' Yj•Y 'k t 1 1 ,�, ..A {.,ry. ff x 1' �� '''•Nk �t i7',ri
t11.
+f. �, 'It •.,1,I,'`,.t ,i R ,,'t), • tq;+ 'r'4 • ii x�#rd w r 1 t,, r 7ArsC ,• i r Cdr ? If' f Ji
�• f � ; i. . a �•. +.; '•,0f,';'.;...'ytt " ,�.d F �3'', Y_ry. ',ll s..° { ... ta� x Kati y l�f" n Y ',;,t,•(' `5 :` 1
,� � t" a� e,s ,r l�, d ' iK.c':₹44#i r �1 "' s ' i ' 3 tl te- �/
k'�, , iii r y#yyn 1 Y r SC [ F •e`� , Y +' ra H
1S , ': a'+ �;.t1a ��'l, 1 y,,0i.,., � r't.. 4S 7�`:`; ti Jl .�. ! yl'. L a 1 ,., , •.9,µS
4 .7 �.9 r ..',1',.,i11;‘-:::.:... { 4.1�.�'+' � � 1i'!Kt�,M .�a6,� t # y l^y�{ 0: /
X �. 1 ;, r,lt S q�1' .Sat f 4J5 r "Af 'f b,i g , +��.. '�`r;.,. y� Vi•A ;+}v `, i �,`,
t '� l� r t�r''. J `JYdtF.;(�iV,'f''� �/ t :y' 3. r ,M a'i �f.y� Yi Cei1}�� y ,, a�gg} ,A org,,• e
i ra ,1'.e 6 } '':9""_ ,� } { F , y�c cy'1',;4 b Er`�`, i ,L.:i,ti a,t S; f. 4, � 1,
f .,,i''''.•��tyrkitni i,er# , a{ f; �� �J ed1� n ( ,1' 3 S 1 , 4:
4 f 1•�i• V"i 7!F %:f j r. � ve..''ha x+.... r t� .•i4'^F ..o. r � ���r �J�3�t, S F n rtiY: z,
:i t Lr' { `.,,%,',.;
T, -.;..„4,$!41'- 1j,f 1. Lp ...Li r S ` ,, i S t i� %3 L`y 1*'r t,a fv f } • ` .. kyr! _ '4k, •
.:J
L ;} ', "'kTyy: „tt:.� ' � 41 ref" ,, . �, ` � t �. 4 � �� .��r
t'rt a.' t. 't • a ,"$" its: .L �..i., :,,,,..0: -z' `P g N rS ,• .n !' q?f^}, iti f x1' xr 1, t i aft $� x 1„i Y:1 �.,L: J r� ..'t. ,,;. 41;7.7.,�� .q j1:1 y L41. � � � :, , Sfi rJ,i,� ' ;� . ,�., 1'il fi fi lti:"'i� kL ,� i Y. f .., Yi r' WS+' '1., , 'r'.
•' f« 1t ie, A nt e Y ' rT }S r:t'' . s ..ii ,F,-..
F{ r ti
a ,
t ,,,,• „,g ,, x,,,.,. ,Li' .,...1,,,,.,-,..,_!,,,.„,..•01,...,,,,,,„,tv1 Y, p,.,,; S t ,,c r �y F• £^ , a r•, { b * �pi} 4. !
'r 5rt; i 4• '. t- La ' r r .y • i A 1.p.a .- , ' 1 ttil ' A 5. .,i.�f '�1ttiN f.,, ; 4�a Vt h1 irta. yy,, '•i' � t t f4 ,j �i I..,a�• ,` •ti. 1 �t t5,',"�1 ,{r'�f; 1.ti r't'� i fy,,. rf t�''�,. r ,,i0 t ,
tail' '..,,..':54,1.:4,7),yy41.N0a.�a • A'.'1 � I:, �, , �'�,s.1% .+A2r 'M _ All',:::*, . ,r, �L.;i' gr.., ����:f.' k fr yyy �i
;r 1 i s. v -,�.. ,tom'. 1 y. . ,,....,af�s:* 1i4r'isf.Sl
12 Evicept its s..uld 41 parsk,-e}ate,7.; snd 13. !1 U11.1e Lot will chant.We!ix.)w't m.rr,. .;:,. ii(.1,.isc 4)4s:,f;.v,n,i:.,;ri, aaa: :,,•'r'-,rc1'a9sr.r.c-,-..•..
r.St3lu:-o:Skiar s 3{e,st up or t,'fcro duos of 8....?-iain ,SPLIft'!ihSi1 I=SOP::.i'.,.1111r' r'rs, , •'!..i1 i.r:s,i tar::r :=t:t4-,.. 1;-r.c.r D'.aot,.;{ :.:3a::
ic . `
. 3'ic.'is
.ttioblt to,;Jrrect t-aill latferte�5)on ur_before dal;vi ciit.!.r.L''(:'i�- 'itr:�'ptl?li li-. ••.i!n t^.:4,-.-, ..r:-co tU 1'',1•,;;:i.-,10: ,�1rcr:;-,or,;'1 f,ignit O'':.t':'f, ".:Y
i(eta ,•:••••,k004.
thr'.tet:te pf clotar..g ahtAll IV tt At,MdPd,.,. :y:Lays.to; ;•:•.'4 pit rit.* -x(:. -.t',•,ir:.d'.-'! :r,-:',i•a,; 3':r"7,p) .:t to-.!s,1 til•.:Y1':-;;r's i': t , •it1O I.
L.:A rt~:ldr'1!dt:aarc;,,yi t♦ ,ic al•Vf0Vicied i1 t.:".•Lk'#' lgrk_':12,uta'..:::11r..:i'si,r0,:t:..L I.ti Ara •,..,:.':••01,.1.'11,•,,.'s n!r) :iii-,::16.::Oft :;/tun 1.1
s hail fet,rclosa-mi 1:.;ce ell ocitin .t•uck$horou7sURr H.,.x tai' lasyrter.',s ftt 1 tli.i.,t' i.; •i•-hr, 1..i:.•"...,:.d t: ve,!..,`�:+'r et.nll �'1 rev,::Hi to i':,1 rr;;
f'.a:v encumbrance r;;„t:frod to It.por.1::'•; a oeld at the tint:of nrtylt•'.a•;':1 !-',:m •-te f'Y,tJltih -! t'•;"‘ '11,ivtrtiv-i itr fr..-;91. r:"•,7,--T>:'`r c:'ce",,
t rinttlta:i however.at th,4,i,,titx;Jr eiLIT.trr Lwrt•: .. ,..: 1'441.,raiebtlKlttttr tsa.;,.",id 1....!: t. 1'.,':el.. .....4.-i•otG:I. i':r Lr6Zirt lisp rise ,.Lt;;N.: ,,,i.';, . .. :x.,:.'i.
,'aat id,rwe..will of rile;afi.+ii an0..:.Lich sr,f',. ,..,r,.. t'.:11 be 7.dA48 ,d f 1. tj:i? .:at:' ot.i.,, i fa v LJ: . , ..'� •:t:..,vC:.
i ;t r4f;i F,: ,a Gr Nr hlr:nil i a,a,1tR�::r, .:�•�� `9:
;larylvtrix: s:srtll be rwh.ruati to rurcispeer.
IS. C*trnarsl let:xtll for ,h t ^yt6 List G!t:le ,.. IlPf>,-,,. ..0 the er,o t..:1,;.1.7.3'.!. 1.5,C,:‘;:.i.,..?,t:. .rit.. .. :�':%On'.. :f,p1.4',1!'..•:1'.:.•,n:.,:"en.. .•,N,.;'
:4111 mczytkt ege t1:elt.i c'2.or.,i;>:ritL2.%en:interer.t tilt sal•'!':,Yhrt.ixtm ii t':v.8n',1 .1..",.''..1.!:.W. .... ....� -_. . . . _ ...
.•-•—_._..._ >;:.Yf'tj lyt:al par:..t1A::.. ..... 1 s:?i'i1•:,,....,tin .
it,.Cxtso+ t, n;'t;si)5t:tsar:yt+t.i!ftGc•,:sJ+.-g;.1t: ,,f`i_,i''z1s;C:JL ms..:_....:µ . .. LL'!. 'r._.. �::_..__._............._.,.....,. ---• -
_ _ . ... .. __.. _._ __...... _.....- ._........„ p...0?104..tto the fc•!1cw.,A :rsoa:,, lzr,]:. •'3
II or:r_
1t3.In tail even:the Yrn#srrt'.tar euSctd,a ially tirtr•ct',•:.i by tern, flood or,tltdir a:i:tru;itv lrz:i',':,a.e'tliz Oste,oT i"ffl vvritraDt ar.d tho f:.,4:8 tt:;jnli,.'ry•
deed, Port-leis:v.. oe9l elect to icrutionvt this^_":2!rBGt: 1n whit,' r:IIsr1 eat: npytnt;:te ion Mawr of yal'.te ;:tr.c akr`tif her-v.'141.er uncut h.'. rourr,x° '..
Ysn ttnser,
1 ' 1. rr.,aihpd as ezrasat more �pr•t.Lrler o- 4r,3' ;..iitn: ] r¢.):i ale,iteLi:Ls:i4' 'e n,: r..►'
i,`i"1'�M;.:of the @'F9:i^,;CC"!O'1'K3a. ;J r.Li'a�'"r!'1tL. or%lilt:. y 1i.iLft',
ltczored or toodered whoa duo,of if KJy ot1'r O'.:Lgotitn horEvllcier to nut narfornto:l ma ho•-14,a ,^rovi'stt.tiyiN shn:1 1?3 Sign :ollawtl:g reme4!11.6'
(A)IF SF.LLart is Ls: DRFAULT,(;; Purits ser may 91tFt;,t to treat tilts cootrnct ti, tr,-a-invtr:L in whir?i case all pG3'ri1-"•ats Dad thirmo O1 eat„t.
ract•ivon hereltndnr s'�ell tea rettmed to Pwn:oser wad PµTaP Gt roay rixlno;:such e9,r sErti au may be proper.or(2)P11rci1ft'srr may elect to Ir.'a'
this contract oil to inn In full forcer r:';eel cffoct egad Nrchetaar aaaJ ha,to thr right to ia, ectivai for epertf;!:porfortreect or derok-e1:.to.ut,t .
(r..if Fi7FC)-LASER IS IN 1)Ft hill-T.ll)St9Slvr ratty elect to treat Utty+"aatruc:t nil :r.:-.-mooted.:to wlti:,a re,0P al: pcytterm•a a;s�','^.inso of altltr:
rotvi•erld hetrrurder shall be farfaitee read rirteined en behalf Df E,r::ler itu l Sadsr',rev ro-vver even dittle4ee ah frtay be PrePor.Gi(:`I`ror fil8''
cirri to treat this contract as bt-io„5 It itili foroee anti effect and;i+e;lrr shall leave 11,O141U to era ACtiGn far SpeCIfi:; ;liir fartr:ILliefl or damegr`t,or 4...i'a
(c,+itti tLrit; to lain t,toatrer's hartrig notwilhItta r.iing, in the(Pveta of tiny Ifb.grtiea) arising gut o tars t_a1ILr4.;.'., the,court :nay ewatc sa!'1::
pre'miik, party ell re.iswiable hosts anti expaisal.itiCi tdiciq attarr-PY1' feu
lti.Part- Mar and£elicit•agree ttire tsr the en,sot;.f any a7utravarsy regarding L.;,U oa:ni:.ct tro“ey boo 1,•'^tolt,r,uaitrxa:ni;tuc.3 w.fittcri kistr .;3i7r.it,
rocatv.,k by brolctter,broker shall not be required to tarn:any fer°i:+:t h9i may ftwelt any procaetdtaa,or at broker's •ion+t ill dlxacr'rtion,tr.,oy'Gat ni..1.i1,1
any n:aneyc et !hinge of nine into the court e:A may recover court ocsts mild rettsor.ettie attorney fees.
19. Additiorld p;7v1a;c;rls: r.E ADDEtt'nuv. "A"
•
,_. .. -
Ati:il 1i
if this 4r�ti tai to accept e,i ley Selicrr ie1 writing and PUr chassr rt�ra.'et;rit,if:a nr sui:.'r sr�troptarios on et t�icrn __7"...-_._ ----'-- ---.
_ __ .Iola__that instrument',ilia.became a contract 1,siiscaati,SeCor limn',?urchin:fir elan•shut iAl'M to the,
borAftt of aty ht.r9.surcnssors and etsigns of such panties,except ail stie•rt1 in perei:rnRl, 7.
e
V':e;�3 ‘„,./....e.„
..�„- G"µ�-. ..,_�1'/ N Brae? JF1�m. `�`�a 1_...1:$3'� � ....— s_....._».-
• 'ru.wr •-d.-'- '
.tt::".;,31t G.'. �Iltr""'y f�I.r LJw:e /�/L r jam.
'' .4-4:- 122-(2 .r;..�.��:.7C-..f Rgl.-.: . i....,,..,�.._...._.
• puicinwi— Ji ---at ifGrbv it Mae cAlcxar er-
Y►trcita:rer'sAtidr4.'exao:' lnc:i.r,. _771.`:, E. i:.c i1opi!t�Si11t� }.�
I r• 1_12^ E.in C,.if+ s:.l'1... nt.r.t:-,
(11.1. fcl'w.vina esalon ti be eorap1ette!by Se11teir■nd Lietbig aseut) Wichita, KS. 67218
2:. Sellet ',creole the shove. proposal tlia _.__ dry of . la_ and agrnts to ia;a tot anti:i.iao of
._.. . __._.,_,.,._____._e4,of the purchase priro EDT eervicee in thiP tran$acuon.and aa+rirs tliat.is the eve•1t of!or leisure of Peyetei.1a rind Ihingl of vxt,,t
receirel htire,i,ulet.tucis yiiyalt ale and thing,of value shell be divided between listing broker and Seuar.one•helf theroof to sutra i;rekt.r-tact 11pt to
excat,d the rommlaafon, had the L-.ilence to Salter.
Iler -.........__ ..._----_ .. ..-.. ...._.._.r.. _._._____.._..,....._
JNNEKC, Raul Estate, 549 ',taro Boy. 1G53r t•1indsort Cy.W0550
1.alktt r^,rY:it+r'eName."end Address ...__ _____, _. _r __-
e...+..te.e r.00'.,..tN. GGs„yei;,k r:•A'A 14vi
4 it to %awn=YmR,oa • Y+eliW ket.
emir,,qs, CO sees, t,!'r''a l artoO'UCO^.i'Um+aet w4411.n a saw,ll Obt.
_..—.... •-_......,...-w.._—._.—...-.. .....«..----.rrseuea .leemeamare=:w..i.:.viatl..1.1.1:415L:.11PREI
iUL--17-10'9.0 1-3:x'3 FROM TPIFO OP DHLHhID Tu 11,034920060 -F'.L'1
ADDENDUM A
Additional Provisions
•
Purchaser's obligation to perform under the contract dated March 30, 1985,
between Winter Enterprises and TAM Partners is subject to the following
conditions precedent:
•
1. Purchaser shall have obtained from the appropriate licensing authority
prior t0 CloSing a license to sell 3.2% beer.
2. Soil tests conducted on the subject property shall be acceptable to
Purchaser.
3. Utility services (water, natural gas, sewer and electricity) shall
have been brought to the property line on or before May 31, 1985, with
an automatic thirty-day extension if the work has been commenced. The
parties may extend this time by mutual agreement.
4. Sellers shall have obtained approval for an entranCe from State
Highway 392 acceptable to Purchaser.
5. Purchaser shall have obtained the approval of the Town of Windsor with
respect to Purchaser's proposed Project, including the site plan, set
back requirements and sign requirements.
6. Approval of acceptance of the subject property from the Home Office of
Purchaser shall have been received by Janeken Real Estate, 509 Main,
Windsor, Colorado 80550, on or before Apri 1, 1985. .
7. The Seller shall agree not to sell or lease any space on the 20+ acre
site of General Commercial of which the subject property 1s a part to
any business selling pizza in a restaurant or fast food setting.•
• ir.
LC / / +5r_ ��5 L.
I
urc aser ate T 're Date
d
Purchaser Date Seller Date
AUTHORIZATION
I hereby authorize Dougherty-Scavo to investigate, if deemed
appropriate, seek adjustments in assessed valuation and receive
copies of notice of valuation for the following real properties;
b qn� etrzon0-1
Owner Name: James E. Winter
Address: P.O. Box 78995O
City, State: Wichita, KS Zip: 67278
Phone: 316-687-6385
Parcel No. Address (legal )
97131-29-OO4 (Real /Pers. ) Riverside Shopping Center,
Ft.Collins
97261-27-OO4 (Real/Pers. ) 2631 S. College Ave. , Ft.
Collins
87191-O9-OO2 (Pers. ) 285O McClelland Dr, Ft. Collins
97251-19-OO1 (Pers. ) 26O1 S. Lemay #3, Ft. Collins
97214-22-OO1 (Pers. ) 217O W. Drake #B2, Ft. Collins
95142-15-OO2 (Real /Pers. ) 832 W. Eisenhower, Loveland
95O13-10-OO4 (Pers. ) 249-E E. 29th St. , Loveland
35253-O8-OO8 (Real/Pers. ) 43O Prospect Dr. , Estes Park
O95901424OO2 (Real/Pers. ) 2439 W. 1Oth St. , Greeley
1471O5214OO7 (Real /Pers. ) 45O Denver Ave. , Ft. Lupton
O96117311O13 (Real /Pers. ) 2525 Eighth Ave. , Greeley
O8O7173O2OO1 (Real /Pers. ) 1OOO 12th St. , Windsor
O8O7173O2OO2 (Real ) 1OOO 12th St. , Windsor
O8O7173O2OO3 (Real ) 1OOO 12th St. , Windsor
Dougherty-Scavo shall be our exclusive agent for a period
of 1 year in matters relating to ad valorem taxation of the
above listed real properties.
61)
-- -a3--
� ,0
Owner's Signature Date
Mailing Address of Notice of Assessed Valuation:
Dougherty-Scavo
22O E. Mulberry Street
Fort Collins, CO 8O524
Hello