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Home My WebLink About901437.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 1990, WELD COUNTY, COLORADO PETITION OF: ARNOLD LEASING ASSOCIATES 11.4$ ETAL 1055 AURARIA PARKWAY SUITE 100 DENVER, CO 80202 DESCRIPTION OF PROPERTY: IN: R 0104388 PARCEL: 105911136019 - MIL DCR59-5 L5 THUR 10 BLK59 $1100 BROAD ST$ 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 Michael Chitty, VRM Management, 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: 901437 Page 2 RE: BOE - ARNOLD LEASING ASSOCIATES 11.4% ETAL 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 - ARNOLD LEASING ASSOCIATES 11.4$ ETAL 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 27th day of Ju y, A.D. 0�0. ATTEST: /111/12.44BOARD COUNTY COMMISSIONERS iL � WELD UNTY, CO ORADO Weld County Clerk to the Board ,/I Gene R. Bran er, Chairman ,Deputy Clerk t the Board - - - a rge Kennedy, Pro- m AS TO FORM* E-,4717 ' r/le de Cons(1E-,47717-e..-/r/leer L. Harbert - — 7r i`/jZl, c ounty AttornP"-- C. W. Kirby (EXCUSED) Gordon E. Lacy Ol'PICE 15 COUNTY ASSf:SSOR 915 C10th STREET NOTICE OF DENIAL GREELEY,COLORADO 80631 PHONE(303) 3564000, EXT.4256 W�`�PC, PIIL DCkb9-5 E.5 THOR 10 L'LKS9 1.1100 bRUAJ STS COLORADO 1100 twur4J ST MILLIKE OWNER ARNOLD LEASING ASSOCIATES 11 ,41 :A-AL ARNOLD LEASING ASSOCIATES 11 ,4% ETAL PARCEL 105911136019) PIN R 0104388 0 1055 AURARIA PARKWAY SUITE 100 YEAR DENVER CU 00202 LOG 00676 v 06/11/1990 - .`.J,.; The appraised value of property is based on the appropriate consideration of the approaches to value required by law.The Assesso7cNas 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(st assigned to your property. The reasons for this n determi atio of value re: NO CHANGE HAS BEEN MADE TO THE ACTUAL VALUATION Uf THIS PRUPt_RTY, COLORADO LAW REgUIRES US TO SEND THIS NOTICE OF DENIAL FUR ALL PROPERTIES ON WHICH r{E DL1 NUT ADJUST THE VALUE., PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE ACTUAL VALUE ACTUAL VALUE OF VALUE PRIOR TO REVIEW AFTER REVIEW LAND 11i760 11760 IMPS ',_ .15$i 172'i 156 172. a . TOTALS $ $ 169 931 $ 169 93L 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. Y By RICHARD W. KEIRNES 06/19/90 WELD COUNTY ASSESSOR DATE15 DPT AD 8 Form PR-207 87/90 ADDITIONAL INFORMATION ON REVERSE SIDE lC ♦ R\. NAVE NE! rfs° ifr 1O APPEAL IRE ASI3Et,tsOR'S 1. Ei E;3Sor\II ._.. , t=(rN party nN1 ` upon, onpuranduounn Ar,rarod 0 tJ for real property ieva on Nana., r, rani ln,m, .mu inn r Ina ertterm`ie=` 39.31 1: a 39 BROOM C.R.S. ' r (MOPE), n 3 r ... .r flutOnnno Pond . ado. daa, :ra,St ,S ,', 't' _iD DEL PIERED ON OR BEFORE Pit33.9) PROCEDURES:py i D;,r94 L.'x; .{P ,J,S, s1,hx,' nun mo ounad ' . SSeS,;O ttr. =90£}, iY13di £ deinter ON. corer/ of thp Ca:min: oted twin to inn County Boato of 33 ER HET ni .,,as, trait anitem most he t'd CTRL , ME' P, DELIVERED ON OR BEFORE a i court: y BOA OF " t.'.RAL La QOM t En e} , NUN ado (P0's32 :elephant! t303)! 356 4000, Ext. ,2 :t l(TEI OF F{t_.A.,,iNG: i ,)0tioinBB; go net 1Hy14 ani!, WaCe, 3+:' t me Nuo Ng 01 VOW' ',V0 * on n ata_r, pot u.a.a a ,er non u;. yelli .ri e3I and ,,,.r, you a 1e `arum •ration within five business .3'y D 3 „ anna noittmetty M i ar `4Zri bY A x USt UDR Fa...U.1 THEN APPEAL& t; s rt.! r ,?1 pet Me County Board o1 ;yawn's decision yoo m.us; r(Ie Within thirty days of the County m; s deCtSICma >o ()NE c` tie ;_+ t€?NPN: Baud of Assessment Appeals (BAA). 3 et EtTa, :3 :3 Svermain, Room 523, Dena;, Co or., io 80203, (303) 866 5880, District Court: (Ph Avenue and 9th Street, P.O. Box C:: Greeley, Crewado 80632 s elepl one {303) :356 4000, Ext, 520 Arbitration �) C .UN CY` BOARD C7F �'l1U,t)L ZATIO(U 'cajun Sodo. P t eon 758 GP NON/, Nona-ado 80632 ni¢ to e ';3C t m'.ti .00.00 EN _ _ ^. .r, r;, a o o' Nonanzunr by flannst 25, von most file an appeal with TT' EncREEI3 ETimnsrn, ,rr1 24 't: PP ESE e£".E x.g UR APPEAL f(IGH S, \NM) `V1UC°T PROVE TOO Fir"xVE FILED A TIMELY APPEAL, -THEREFORE x3RE i`tF „C 31'ME:Nt' ALL CORRESPONDENCE BE MAILED WITH PROOF OF MAILING, PERM!ION TO HE t.aTs..WYN' FSC}ARD C?F EQUALIZATION sroce imam !, 7let:se , s: ein 1n;r :t •F!disagree ,. .t m g Assessor's iainatiton, Al Lich 9ddttionait ClOCtiments as necessary. THE ASSESSOR'S VALUATION IS EXCESSIVE. SUPPORTING INFORMATION TO FOLLOW. , . Mt. t o Faso ()Art a OFFICE OF BOARD OF COUNTY COMMISSIONERS PHONE (303) 356-4000, ExT. 4200 P.O. Box 758 GREELEY, COLORADO 80632 C. COLORADO July 18 , 1990 Tax Profile Services, Inc. Jeffrey M. Monroe 333 Logan Street Denver, CO 80203 Dear Mr. Monroe: The Weld County Board of Equalization has scheduled your hearing for Friday, July 27 , 1990 , at or about 1: 00 p.m. regarding your tax assessment for property described as Parcel #105911136019 , Weld County, Colorado. The public hearing will be held in the Chambers of the Board, Weld County Centennial Center, First Floor, 915 10th Street, Greeley, Colorado, at the above specified time. Procedure for Hearings before the Weld County Board of Equalization will be as follows : Assessor: 1) The Assessor shall present his case first. He shall present evidence concerning the manner in which the property was assessed, both orally and in written form. (15 minutes) Taxpayer: 1) The taxpayer will present his case second. 2) Taxpayer may present all evidence, orally and/or in written form as exhibits. 3) Evidence presented will be limited to actual or assessed values of like properties or sales of like properties from January 1, 1987 through June 30 , 1988 . Testimony concerning tax amounts and their usage by law are not applicable at this hearing. (15 minutes) Page 2 RE: BOE - ARNOLD - PARCEL #105911136019 Decision of County Board of Equalization: 1 By law, the valuation of property for taxation as determined by the Assessor is presumed to be right. The taxpayer is therefore required to present sufficient evidence to prove his case. 2) The decision of the County Board of Equalization shall be based only on the testimony produced and exhibits introduced at the hearing. 3) The decision of the County Board of Equalization shall include a statement of findings and conclusions upon all the material issues of fact and law presented and shall either affirm the Assessor' s assessment or shall amend it as stated. If you are unable to attend at the time scheduled above, please contact this office immediately. Our phone number is (303) 356-4000 , ext. 4225 . Sincerely, Donald D. Warden Weld County Clerk to the Board By;N\ # 1. &•77 r)C em_!. l (/7! /i �..! a Deputy Clerk to the Board �' ( I I � (-1 = � ci vi To . > N o c o O c eL n‘O O N. N �a� ,) O + + � E h N ta a_Q U) (\U N c, s >— a- c, .9 ..9 w S � Nin V 0 IL) ¢ a J— CL ¢ ul a ,0 ____ _ Z.?. , t O Q._ 2 rn1- �..n1 �� .k.,-, c 0 . Q mC 0 c-{, Z )C p1 6 7 W n. Y �i C Q Q I d"l V.) C '� 7 a limes OINNU• i _V ©O (1.) 1,2 t‘ vi � 0 W r I I VI 8 a ^n I L,_ • a � � p \ �7 fl ., E C � N � � N * ` I \ M) C\ \ 10 m CX,.. a b QC v ---, ---... r O N J 11 � Z R a.) u/ 4') cc J nor ~ O V O � g p o C) U 4. � N.9 \co ra \ \ %,..dI v ow - a o ctSI W ow L � C (Y) v....) - + �, �, o 0 S. " -3/4,, a Z I �, N Q I `n- v — v.) S-- a) Y Y)� � �� , "� �1Q0 � EC) a 4 • A � � � N � o � ��' V bd ��fi f It:6 OFFICE OF BOARD OF COUNTY COMMISSIONERS PHONE(303) 356-4000, EXT. 4200 P.O. Box 756 GREELEY,, COLARADO 80632 Will e COLORADO July 18 , 1990 Tax Profile Services, Inc. Jeffrey M. Monroe 333 Logan Street Denver, CO 80203 Dear Mr. Monroe: The Weld County Board of Equalization has scheduled your hearing for Friday, July 27 , 1990 , at or about 1: 00 p.m, regarding your tax assessment for property described as Parcel #105911136019 , Weld County, Colorado. The public hearing will be held in the Chambers of the Board, Weld County Centennial Center, First Floor, 915 10th Street, Greeley, Colorado, at the above specified time. Procedure for Hearings before the Weld County Board of Equalization will be as follows: Assessor: 1) The Assessor shall present his case first. He shall present evidence concerning the manner in which the property was assessed, both orally and in written form. (15 minutes) Taxpayer: 1) The taxpayer will present his case second. 2) Taxpayer may present all evidence, orally and/or in written form as exhibits. 3) Evidence presented will be limited to actual or assessed values of like properties or sales of like properties from January 1, 1987 through June 30 , 1988 . Testimony concerning tax amounts and their usage by law are not applicable at this hearing. (15 minutes) • EXHIBIT I Rtrolci kOSips, Pin* %Q ga -!,1g -; ess GENERAL INFORMATION COST APPROACH BASE COST PER SQUARE FOOT FLOOR AREA 2 83 TOTAL BASE UNIT COST 3 L7o • _ 9755b ADDITIONAL COST / SUMMARY 46670 TOTAL REPLACEMENT COST NEW DEPRECIATION PERCENTAGE PHYSICAL/FUNCTIONAL DEPRECIATION • /6° o ECONOMIC DEPRECIATION DEPRECIATED COST REPLACEMENT COST NEW LESS DEPRECIATION /0� 727 IMPROVEMENT COST /06717 LAND COST 1176O TOTAL COST BLDG- � I COST ESTIMATE FOR : C .B .O. E. PROPERTY OWNER: VRM PARTNERS ADDRESS: 1059-11-1-36-019 SURVEYED BY: MDC DATE OF SURVEY: 5/15 DESCRIPTION : OCCUPANCY: CONVENIENCE MARKET FLOOR AREA: 3,270 Square Feet AVERAGE STORY HEIGHT : 10. 0 Feet CLASS: D Frame EFFECTIVE AGE: 3 Years COST RANK: 2.0 Average CONDITION : 3.0 Average NUMBER OF STORIES: 1 .0 COST AS OF : 06/88 EXTERIOR WALL: Corrugated Steel , Steel Frame 100% HEATING AND COOLING: Package Heating & Cooling 100% UNITS COST TOTAL BASIC STRUCTURE COST: 3,270 29 .83 97,556 EXTRAS: Paving, Concrete 9 ,046 2.20 19,901 CANOPY 10, 250 REPLACEMENT COST NEW 127,707 LESS DEPRECIATION : Physical Depreciation <6. 0%> <7 ,662> Functional Depreciation <10 .0%> <12,771> Total Depreciation <16.0%> <20 ,433> DEPRECIATED COST 107,274 TANKS 10,645 DISPENSERS 5, 874 TOTAL: 123,793 ROUNDED TO NEAREST $100 123,800 Cost Data by MARSHALL and SWIFT PAGE 1 -B(06- A GENERAL INFORMATION COST APPROACH BASE COST PER SQUARE FOOT 4/ /O FLOOR AREA TOTAL BASE UNIT COST 7 80 • _ 3Z� 0.S7 ADDITIONAL COST / SUMMARY /So TOTAL REPLACEMENT COST NEW 32- 2-°7 DEPRECIATION PERCENTAGE PHYSICAL/FUNCTIONAL DEPRECIATION ECONOMIC DEPRECIATION 1-7L414916 DEPRECIATED COST /7392- REPLACEMENT COST NEW LESS DEPRECIATION IMPROVEMENT COST /1/2/S LAND COST _o _ TOTAL COST /digts— 1jc06- -tk2 COST ESTIMATE FOR: C . B. O. E. PROPERTY OWNER: VRM PARTNERS ADDRESS : 1059-11-1-36-019 SURVEYED BY: MDC DATE OF SURVEY: 5/15 DESCRIPTION: OCCUPANCY: SINGLE FAMILY RESIDENCE FLOOR AREA: 780 Square Feet CLASS : D Frame AVERAGE STORY HEIGHT: 10 . 0 Feet EFFECTIVE AGE: 30 Years COST RANK: 2 . 0 Average NUMBER OF STORIES : 1 . 0 CONDITION: 3 . 0 Average COST AS OF: 06/88 EXTERIOR WALL : Wood Siding HEATING AND COOLING: 100% Forced Air 100% UNITS COST TOTAL BASIC STRUCTURE COST : 780 41 . 10 32 , 057 EXTRAS : PORCH REPLACEMENT COST NEW 150 32 , 207 LESS DEPRECIATION: Physical and Functional DEPRECIATED COST <44 . 0%> <14 , 171> ROUNDED TO NEAREST $100 18 , 036 18 , 000 Cost Data by MARSHALL and SWIFT BLDG-I-2 _ao m K2 c-6 W c I II'awiesHIMII N a UJ Gl i Y V7 O U ro o c , i N CO Y r O r- O r rl•r • R U �II�II� W I$'; IIW. 7 O � A� V) w Hello