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HomeMy WebLinkAbout910754.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 1991, WELD COUNTY, COLORADO PETITION OF: GREELEY ASSOCIATES ZJ & W MGMT CORP ATTN PAUL BAXER 1633 BROADWAY 14 FL NEW YORK, NY 10019 DESCRIPTION OF PROPERTY: PIN: R 1753186 PARCEL: 095901323001 - GR HA1 BLK1 HARP SUB 1ST FILING %2829 W 10 STZ 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, said petitioner being represented by Michael F. Baccash, Sarnoff & Baccash, who submitted written data concerning 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 the 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: 910754 Page 2 RE: BOE - GREELEY ASSOCIATES 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) , 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. (Section 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. (Section 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. 910754 Page 3 RE: BOE - GREELEY ASSOCIATES 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 29th day of July, A.D. , 1991. BOARD OF COUNTY COMMISSIONERS ATTEST: WELD COU Y OLORADO Weld County Clerk to the Board Go o c Chairman By. �,i�� ��/ _r Depu y erk to the,B and Geeo/Ur�e Kenn -y, Pro-Tem APPROVED AS TO FORM: c (_ F�✓�"X ire C C�/ � � �� Constance L. Harbert Assistant County Attorney C. W. Kirby /// W. H�ebst �� 910754 BOE DECISION SHEET PIN #: R 1753186 PARCEL #: 095901323001 GREELEY ASSOCIATES 9,J & W MGMT CORP ATTN PAUL BAXER 1633 BROADWAY 14 FL NEW YORK, NY 10019 HEARING DATE: July 29, 1991 TIME: 2:00 P.M. / �¢ ! 64-/ - NAME:ATTENDED? (Y/�} NAME: y�i 1�yyLG�Lti��ilL`�� � AGENT NAME: DECISION: DECREASE IN VALUATION INCREASE IN VALUATION NO CHANGE IN VALUATION yL k ASSESSMENT RATIO ACTUAL VALUATION ORIGINAL ADJUSTED Land $ 1528926 $ Improvements OR Personal Property 752656 Total Actual Value $ 2281582 $ COMMENTS: MOTION BY gm TO - ( SECONDED BY ,k )\-/ Lacy N) Kennedy /N) Failed to meet burden of proof Harbert 0N) Comparables inadequate Kirby N) y. Assessor's data unchallenged Webster N) Other: RESOLUTION N0._ 910754 OFFICE OF COUNTY ASSESSOR 915 10th STREET NOTICE OF ADJUSTMENT GREELEY,COLORADO 80631 PHONE(303) 356-4000, EXT.4256 GR HAl ULK1 HARP SUB 1ST FILING -lI'%2829 W 10 ST% 1 (s S'irsl 7£ COLORADO JUL 1 1 1991 2829 W 10 ST GRE.. GREELEY. COLO. OWNER GREELEY ASSOCIATES GREELEY ASSOCIATES PARCEL 095901323001 PIN R 1753186 %J 6 W MGMT CORP AT TN PAUL BAXE:R 1633 BROADWAY 14 FL YEAR 1991 NEW YORK NY 10019 LOG 02843 05/24/1991 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 category(ies): 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: ADJUSTED LAND VALUE DUE TO EXCESSIVE SIZE. PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE ACTUAL VALUE ACTUAL VALUE OF VALUE PRIOR TO REVIEW AFTER REVIEW LAND 11747/ 344 11528/ 926 IMPS 7521656 752A656 TOTALS $ $ 215001000 $ 21 '2811582 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/:: 6/91 WELD COUNTY ASSESSOR DATE p.} (1p�1�^17 15 -07-81/91 ADDITIONAL INFORMATION ON REVERSE SIDE ssJJ Sf C 3 - -_ YOU HAVE THE RIGHT TO APPEAL THE ASSESSOR'S DECISION -s pulity.aoard of tgUalization will sit to hear appeals beginning-Jury 1 and continuing through August 10 for re41 t#I5eftyi(iand aiut-ti4Olings) and personal property (furnishings, machinery. and equipment). 39-8-104 and 3P1;'07(2);-G:R.S � �..j i W ,i' APIlk floCEDUREs'-�. if‘' ohuuse ≥.:o appeal i ' Assessor's decision, mail or deliver one copy of this completed form to the County Board otiEiqualr.4atiop,"T'd p eserve your right to appeal, your appeal must be POSTMARKED OR DELIVERED ON OR BEFORE.: -=l_lL.Y 15. .. . . WELD COUNTY BOARD OF EQUALIZATION - 915 10th Street, P.O. Box. 758 . • Greeley, Colorado 80632 Telephone (303) 356-4000, East: 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 of Equaiization 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. 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 decision to ONE of the following: Board of Assessment Appeals (BAA): Contact the BAA at 1313 Sherman, Room 315, Denver, Colorado 80203, (303) 866-5880. District Court: 3t.ls .Aerie and 9th Street, P.O. Box C Greeley, Colorado 80637.. TeieF.-thon (303.) 356.-4000, ..xt. 4520 Arbitration: WE.L.D COUNTY BOARD OF EQUALIZATION 915 10th Street, P.O. Box 7'58 Greeley, Colorado 80632 Telephone (303) 356-"000. Ext. 225 It you do not receive a determination from the County Hoard of Equalization,you must file an appeal with the Board of Assessment Appeals by September la O PRE 'SERVE 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. . : The Assessor ' s calculation of fair market value on both the land and the improvements is excessive_ We are in the process of gathering additional data to support this claim. Please forward our hearing notice to us at the address below. CI 4_075A, C F -_- ililq _ _ ';N:TL,PF O? FET, .,,, , :::TE Sarnoff & Baccash 33 N. LaSalle st. ;2601, Chicago ( 312 ) 782--8310 SARNOFF & BACCASH LAW OFFICES SUITE 2601 33 NORTH LA SALLE STREET CHICAGO,ILLINOIS 60602 TELEPHONE:13121702-6310 TELECOPIER:13121782-6635 July 24 , 1991 Weld County Board of Equalization P.O. Box 758 Greeley, Colorado 80632 Attention: Ms . Carol A. Harding, Deputy to the Clerk to the Board Re: Greeley Associates 2829 W. 10th Street, Greeley, Colorado Weld County Schedule No. 1753186 Parcel No. 095901323001 Dear Ms . Harding: As discussed, we represent the taxpayer with respect to its real estate tax assessments and taxes. Our Petition to the County Board of Equalization is set for hearing on Monday, July 29 , 1991 at 2 : 00 p.m. We are still in the process of securing our valuation data and we do not believe that we will have it prior to the hearing. Accordingly, even though we believe that our assessment is excessive, and that it is based on an excessive market value, we waive our oral hearing and request that the Board review the assessment on the file as it stands , together with whatever the Assessor desires to file. Please forward the decision to our office. Please feel free to call me collect if you have any questions. Very truly yours ,iSAR OFF & BAC,CASH ��:._.7 l 4t .C; Michael F. Baccash MFB/me 91.07541 . . DER OF ATTORNEY The undersigned does hereby grant Power of Attorney to Sarnoff & Baccash and Honlgman Miller Schwartz and Cohn does hereby authorize each Of them as agent to file complaints on behalf of the undersigned with the Assessor and/or Board of Equalization and/or Colorado Board of Assessment Appeals covering any assessment for tax assessment years 1991 and 1992 against certain real estate described below: LEGAL DESCRIPTION State Colorado County Weld Parcel Nos. D95901323001 Tax Code p600R1753186 Schedule No. 17511,86 Address 2829 W. 10th Street Greeley. Colorado TENTH GREELEY PROP. GREELEY ASSOOJATES Taxpayer . ` 'ey. Walter Samuels, General Partner Date: May 17, 1991 9'.0755 vim rniim fay+ ivrmurg� t711. X17 SARNOFF & BACCASH 4_6_21%-" LAW OFFICES JUL 1 1191 e, i SUITE 2601 1 33 NORTH LA SALLE STREET GREI_L LY COLO. CHICAGO, ILLINOIS 60602 TELEPHONE:13121782-8310 TE LECOPI E R:[3'2)782-8635 July 9, 1991 Weld County Board of Equalization 915 10th Street P.O. Box 758 Greeley, Colorado 80632 Re: Greeley Associates and J&W Management Corp. 2829 W. 10th Street, Greeley, Colorado Weld County Schedule No. 1753186 Dear Members of the Board of Equalization: Enclosed please find our Notice of Adjustment from the Assessor, and our Petition to the County Board of Equalization. We respectfully request that the 1991 assessment on the subject property be reduced. We are currently in the process of gathering our data. Please receipt the enclosed copy of the Petition and return that receipted copy to us in the enclosed self-addressed, stamped envelope. Also, it should be noted that my partner and I are attorneys licensed to practice law in Colorado. Please forward to us our hearing notice. Please call me collect if you have any question. Very truly yours, SARNOFF & BACCASH — ,7 Vat, - - Michael F. Baccash MFB/me 21.075/4t 7c4 p1F � pwugy q'0!!q�^IQ Hig5 r5)15-7 7171. POWER OF ATTORNEY LUX 1 1 1991 The undersigned does hereby grant Power of Attorney to Sarnoff & ilacc EELEY, COLO. and Honlgman Miller Schwartz and Cohn does hereby authorize each of them as agent to file complaints on behalf of the undersigned with the Assessor and/or Board of Equalization and/or Colorado Board of Assessment Appeals `" -- - -- covering any assessment for tax assessment years 1991 and 1992 against certain real estate described below: LEGAL DESCRIPTIQd • State Colotedo County Weld Parcel Nos. D95901323001 Tax Code 9600R1753186 Schedule No. 17531.86 Address 2829 W. 10th Street Greeley. Colorado TENTH GREELEY PROP. GREELEY ASSOCIATES Taxpayer By: 1 Orti ke _ vt4 v Walter Samuels, General Partner Date: May 17, 1991 • (1)\/: CLERK TO THE BOARD P.O. BOX 758 IGREELEY,COLORADO 80832 (303)3564000 EXT.4225 11 I C. COLORADO • July 16, 1991 Parcel No. : 095901323001 PIN No. : R 1753186 GREELEY ASSOCIATES 2J & W MGMT CORP ATTN PAUL BAXER 1633 BROADWAY 14 FL NEW YORK, NY 10019 Dear Petitioner(s) : The Weld County Board of Equalization has set a date of Monday, July 29, 1991, at or about the hour of 2:00 P.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. 91.0751 GREELEY ASSOCIATES - R 1753186 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, B RD OF E/�TION Donald D. Warden, Clerk to the Board BY: ar���ol A. Harding,, Deputy cc: Warren Lasell, Assessor of ow 4 4 ',d {`) ---4-- ° S �/ r Al O � �'� �. � kl N CNt, 1 o - N- V) Cu cst `... • Q, Ci ' .. w ) v) I ce w • ` a F- rtiC o • °' CI `; � = I� o� N �( CT E `f ) � N 4--) V ` = ��C v " . 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