HomeMy WebLinkAbout901439.tiff RESOLUTION
RE: THE BOARD OF EQUALIZATION, 1990, WELD COUNTY, COLORADO
PETITION OF: ARNOLD LEASING ASSOCIATES 11.4 % INT ETALS
1055 AURARIA PARKWAY SUITE 100
DENVER, CO 80202
DESCRIPTION OF PROPERTY: PIN: R 1520086 PARCEL: 080721205021
- WIN 22906 L12-14 & 16 BLK 8%629 MAIN%
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:
9014:19
Page 2
RE: BOE - ARNOLD LEASING ASSOCIATES 11.4 % INT ETALS
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 OBOE 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 % INT ETALS
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 $150. 00 per case. The arbitrator' s fees and expenses,
not including counsel fees, are to be paid as provided in the
decision.
The above and foregoing Resolution was, on motion duly
made and seconded, adopted by the following vote on the 27th
day of J y, A.D. O.
ATTEST: BOARD OF COUNTY COMMISSIONERS
WEL UNTY, ORADO
Weld County Clerk to the Board �
�/(/ AYE
Gene R. Brantner, Chairman
o / �/
Deputy Clerk qt14-4-1")he Board •9 - fAYE)
/ G prge e nedy, Pro e
APPR6i₹$D AS TO FORM i
�i // rr � G!
hs`tance L. Harbert
/ / �Z.
C. W �� (AYE)
-County Attorney W. Kirby
(EXCUSED)
Gordon E. Lacy
OFFICE OF COUNTY ASSESSOR
915 10th STREET
NOTICE OF DENIAL GREELEY,COLORADO 80631
PHONE(303)3564000, LXT.4256
WIN 22906 L12-14 b 16 ULK d$629 HAL Ara
COLORADO
629 MAIN
OWNER ARNOLD LEASING ASSOCIATES 11 .4 't 1NT LT
ARNOLD LEASING ASSOCIATES 11.4 % INT ETAL PARCEL 0O0721.L06621
PIN k 15aOOd6
1055 AURARIA PARKWAY SUITE 100 YEAk 1'990 •
DENVER CO 002.02 LOG 00674
06/11/1990
C7 Ii
The appraised value of property is based on the appropriate consideration of the approaches to value required by law.The 7 e§sor hVekletermjned
that your property should be included in the following categoryDes) C[t :C7
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 1aR
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
gstudied
yall available information, giving
hlparticular attention to the specificsincluded on your protest and has deter-
mined NOvaCHANG asHAS to
pMAiDE.7U rTHEs ACTUALterVIl LL1A 1pj Ut N UV THIS ?ROPLRT Y.
COLORADO LAW REQUIRES US 7J SEND THIS NOTICE OF DENIAL FUR ALL
PROPERTIES ON WHICH WE DU NOT ADJUST THE VALUE.
PETITIONER'S ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ESTIMATE ACTUAL VALUE ACTUAL VALUE
OF VALUE PRIOR TO REVIEW AFTER REVIEW
LANE
'$71!QpO 57. 000
IMPS _ '5911 z►1O 591410
TOTALS $ $ 116. 430 $ 1161410
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. RIUTARD W. KEIRNES O6/19/9O
WELD COUNTY ASSESSOR DATE 1
15 DPT-AD
Form PR 20787/90 ADDITIONAL INFORMATION ON REVERSE SIDE „`
YOU 1st AME THE R ID HT "TO APPEAL THE, ASSES"SOWS DECISION
. . . . tto alit r„s a gi r:t3-1,6vi arm Entis !comat rt runt August 10 tor real property
tii3AA; Bu ni 14mm machinery, alai etxliOrnenti. 39-rt 104 and, 39 3-107121, C.R.S.
uhrapt.
o_, a, t a, o tt;e County Board of
Putt'Puttui, ,' ttpft,�,. ;t S r�a OH DE LAVE RE14 (TN OR BEFORE
. ' ' ..-... r1P1PETITURES, 1 B t DEP itot .v. . Poe si tut . DDDRAt
rt•. `HOI), r) ,100 V}° b3 !..ilj.'}E t)f , ; mu ete l tin tp tlie ettnitty Boatti O
e, . . . ._, i _ PO11l i t 'i> L.,i D :Jict VF1RE ON OR BEFORE
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, 411trip, Bat. 42
. . _. - e .sw si tint titre Dig tt,`o ., tot EDE _ t)t your Lopeo
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„ , pay [;:tiant co :=e<,it ..Bon's utTr sioit pup most toe within thirty days of the County
trout. The Edicts/me
p „ - 't ,. Bb 5880.
District Court:
#tY't Avenue ue ring tittri .`tiltor p i.ot. taro t
V,6 titiCA W ctiat 31JE13,3
leirtuitoiip (3031 356 4000, Ext., LogiE
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.. . - -ra , ., . . , \.D 'DIAi tde an appea -sun
it s M r'.rl't A !RIGHTS, y'Ok M rS § .K AIE VCR: e D a,'D HUD A TINTELY APPEAL,
t Pt,,>- tor tt£i . .j. reu'≥, .601'02 v }Lsy k , .!:D VA,1idf°➢TO FOE9ylraILING,
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w.111 TO THE (CODED St1 !b(.tA9 TT 4TE F ls,.,' LETT ,TI{' N
THE ASSESSOR'S VALUATION
IS EXCESSIVE. SUPPORTING
INFORMATION TO FOLLOW,
k. JUL. 1 O 1990
ts‘i 440;:)
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 2: 00 p.m. regarding your
tax assessment for property described as Parcel #080721205021 ,
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)
�z P �; r (Th2_Li
Page 2
RE: BOE - ARNOLD - PARCEL #080721205021
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
r
By: )O71�n cam/ is y 4—'
eputy Clerk to the Board
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tct OFFICE OF BOARD OF COUNTY COMMISSIONERS
PHONE(303)356-400O EXT 4200
P.O. BOX 7O
CREEL EY. COLORADO 80(,ik
a.
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 2.: 00 p.m. regarding your
tax assessment for property described as Parcel #080721205021 ,
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)
XVIIBIt
(akt1 9 Din 5aCCeb
.8 Ai
GENERAL INFORMATION
COST APPROACH
BASE COST PER SQUARE FOOT 31.
FLOOR AREA 400
TOTAL BASE UNIT COST
<kFSx'.r
ADDITIONAL COST / SUMMARY 2.535
TOTAL REPLACEMENT COST NEW 6, 99
DEPRECIATION PERCENTAGE
PHYSICAL/FUNCTIONAL DEPRECIATION 55%
ECONOMIC DEPRECIATION
DEPRECIATED COST
in-44 2-
REPLACEMENT COST NEW LESS DEPRECIATION 2 4469
IMPROVEMENT COST 244e9
9
LAND COST 4-1000
TOTAL COST 8 O/65
COST ESTIMATE FOR: C.B . U, E.
PROPERTY OWNER : VRM PARTNLRE;
ADDRESS: 0807-21-2-05-021
SURVEYED BY .: MDC
DATE OF SURVi=:Y: 5/ 15
F)ESCR1PTION :
OCCUPANCY : SERVICE GARAGE
FLOOR AREA, 1 .400 J uai• . Foor. f.'Y 1' :f. • I .. iI�. IEiI' � f' . v! i ..
COST RANK: 2.0 Average „••,,
� o
NUMBER OF STORIES: 1 . 0 t.c;:, E' n:v. Or
EXTERIOR WAIL :
Standard b . . . . . .. . . . . .. . . 10()%:
HEATING AND COE:A..1NC .
Space Heat:. . . . . . t 00':;
I,11' i i ';:lE. is i A!
. .. . .. . . . .
BASIC: STRUCTURE c:,OST:
EXTRAS :
RE.:JI_:aG :MCNi . :0131 NEW
.
(:;EP lE.C::AT ION
Physical sAnd Functional •
DCPREC:•IATED c:;DSr . .
TANKS
DISPENSERS
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E.
Cost Data by MARSHALL and SWIFT ~_
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