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Home My WebLink About930632.tiff oa— �a 02-2- 15-OPT FORM PRESCRIBED BY THE PROPERTY TAX ADMINISTRATOR FORM 920 1/66-6/90 PETITION FOR ABATEMENT OR REFUND OF TAXES-c. F. H0ECKEL co, DENVER 36312 Petitioners: Use this side only. Ault , Colorado, June 8 , 19-93 � lr ' -- City or Town -- • To The Honorable Board of County Commissioners of Weld -County Gentlemen: The petition of Banc One of Greeley Corp, whose mailing address is• 1125._.17th..S.treet.,_ Suite 1500 Denver Colorado City or Town 8.0202 State Zip Code SCHEDULE NUMBER DESCRIPTION OF PROPERTY AS LISTED ON TAX ROLL 0707-12-3-09-013 Situs 119 First Street Ault, CO. 80610 respectfully requests that the taxes assessed against the above property for the years A. D. 19.91.. .., 199.2 , are erroneous, illegal, or due to error in valuation for the following reasons: (Completely describe the circumstances surrounding the incorrect value or tax.) Inconsistent use of the income approach to value. Questionable recognition of both economic and functional obsolesence in application of the cost approach to value Requested Equalization to 1990 and 1993 values 16 ,PP 19.9.1... 19..92. Value Tax Value Tax Orig. 96, 120 8494 . 31 96, 120 8528. 14 Abate.39, 820 3-5-1-8-..9-7- 3 9,-8.2o 3532. 98 Bal. 56, 300 4975. 34 56, 300 4995 . 16 The taxes (have) Ø4j 'Mt/f been paid. Wherefore your petitioner prays that the taxes may be abated or refunded in the sum of $._7,Q51_._9,5_P.lus Interest I declare, under penalty of perjury in the second degree that this petition, together with any accompanying exhibits or statements, has been examined by me and to the best of my knowledge, information and belief is true, correct and complete. Banc One of Colorado Corp. 7 --� i er Ie By Steven D. Schluchter M_. w Agent o Address Tax Profile Services r. 1123 Auraria Pkwy. Suite G-100 �cnvcr 80204 SL lF de. hS, ,e-ririeNt %.,, tieen 93°632 RESOLUTION OF COUNTY COMMISSIONERS WHEREAS, The County Commissioners of. Weld County, State of Colorado, at a duly and lawfully called regular meeting held on the 12th day of July , A.D. 19..93..., at which meeting there were present the following members: Chairman_Constance L. Harbert,_and-Commissioners George..Baxter.,.-Dale_Hall and Barbara, Kirkmeyer,_with-.Commissioner...W_..H._.Webster..ahsta-fining notice of such meeting and an opportunity to be present having been given to the taxpayer and the Assessor of said County and said Assessor..-Warren_.Laseli.being..present and taxpayer Banc One of Greeley Corp not being present; and (name) (name) WHEREAS, The said County Commissioners have carefully considered the within applica- tion, and are fully advised in relation thereto, NOW BE IT RESOLVED, That the Board concurs with the recommendation of (concurs or does not concur) the assessor and the petition be._approved..__.- , and an abatement/refund---be--allowed (approved or denied) (be allowed or not be allowed) on an assessed valuation of$. 39,820 for $ $3,518.97 1991 39 820 $3; 2-:-98 total tax for th year(s) 19.1992 00 s I, 3 Chairman of Board of County Commissioners. STATE OF COLORADO, ss. County of Weld I, Donald..D.....War.den ElmacyclOteakcantbactiOStierlig Clerk of the Board of County Commissioners in and for the County of Weld • State of Colorado, do hereby certify that the above and foregoing order is truly copied from the records of the proceedings of the Board of County Commissioners for said Weld County, now in my office. , IN WITNESS WHEREOF, I have hereunto set y hand and affix the seal of said County, at Greeley, Colorado , this 12th yof.. u ... . . ........ , A. D. 1993 County Clerk. i4/L/ By , ; -1-.E >74:// y,, k G� _-_-De iuty. ACTION OF THE PROPERTY TAX ADMINISTRATOR Denver, Colorado, orr`f , 19 ? 3 The ction of the Board of County Commissioners, relative to the within petition, is hereby [f approved; approved in part $ denied for the following reason(s) ATTEST: 4rsecretrny. `-' q:lOpertyax m)s rato . .. o ELI K . : e 0 o ms s.: o 6 C w O r0 V) a) re rn T' 9 u.' Gay. eo+ Q O d) o r0 = ,— rn rn b •� 3-14 .a+ 'O o O O O > > Q 0.i w ` o ie1�00yy u �, cn cn aT+ y N a u s w o co d N O vfl an a, 7 't O Loo. i O Z ti E 4 rn a �,.y v e o `4) L a U Q V� VI•-•-• a) E CL.N A 8 p (a, .0 w O _C y N ro O . ++ 6„ u O F o in to 'bey m .9 t5 °a = w W 1:14 ,e.C ,o 0 > ,� +r pct., c o = ,E U.- o H cr rn v a � rnrn � i° E � � "° *E >, o o `� � a a) .-r r o Q o pp F ,,., Z 'O y mg .,"+�v} q h Y . .fl C: a L. cn O Z a) (1) o m o iio who .^ a�zwi `2o0x u d 4) • o E ._ o • c ° v 2 t ,0 alt, -a a) - 4e ., o as N + � U a n aCC70ti3 ° _» \ I I ¢ a E Qk a:0;32 \ I1� CLERK TO THE BOARD ittt ��1 P.O. BOX 758 GREELEY,COLORADO 80832 (303)358J000 EXT.4225 C. COLORADO June 29, 1993 Banc One of Greeley Corporation 1125 17th Street, Suite 1500 Denver, Colorado 80202 RE: SCHEDULE NUMBER 0707-12-3-09-013 Dear Property Owner: This is to advise you that the Board of Weld County Commissioners will hear your petition for tax abatement or refund on the property described as: Situs 119 First Street, Ault, CO 80610. The meeting is scheduled for July 12, 1993, at 9:00 a.m. at which time you may be heard. The Assessor is recommending that the Board approve your petition. The meeting 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. If you have any questions concerning this matter, please do not hesitate to contact this office. Sincer y, ti f2, ,/` Donald D. Warden, Weld County Clerk}to the Board BY: J21:21 Zi )22 r.v%i_- Deputy Clerk to the Bob d XC: Assessor - W. Lasell County Attorney Steven D. Schluchter 930632 Tax Profile Services, Inc. WELD COUNTY „oSESSOR JUN 1 19H June 9 , 1993 It:, GREELEY,C0L0. Weld County Assessors Office Attn: David Schildmeier 1400 North 17th Avenue Greeley, CO 80631 Dear David: Enclosed you will find an abatement petition for the Banc One location in Ault Colorado. We have included a very brief packet showing the counties valuation approach for 1990 that was presented to the Board of County Commissioners. We thought that rather than bury you in a lot of paperwork previously submitted, we would send the smaller package. Should you need information similar to our 1990 submission, we will gladly forward that also. Thank you for your time to consider our abatement request. Sincerely, Steven D. Schluchter enc 930632 1123 Auraria Parkway Suite G100 Denver,CO 80204 (303)628-0405 Fax(303)628-0449 s,1 - is•OPT FORM PRESCRIBED BY THE PROPER'?TAX ADMIT/STRATOR ! .- FORM 920 1/66650 1TION FORIABATEMSNT OR REFUND OF,TAXES-c F.HOECKEL• Wei 0d312 1 I Petitioners: Use this side only. • rev 4!, IrI I ' s Ault Colorado December 28 1 92 City or Sown 19422:23 2 27 To The Honorable Board of County Commissioners of weld aunty' CCEn?� TO THE H0.4ED Gentlemen: Af'liated National Bank c/o Banc One of Colorado Corp, The petition o • whose mailing address is. 1125 17th Street, Suite 1500 Denver - CO - 80202 ' City or Town State zip code SCHEDULE NUMBER DESCRIPTION OF PROPERTY AS LISTED ON TAX ROLL • 0707-12-3-09-013 Situs 119 First Street Ault, co. 80610 resppectfull'yd requests that the taxes assessed against the above property for the yearsA. D. 19 90 , C are erroneous, illegal, or.due to error in valuation for the following reasons: ( ompletely describe the circumstances surrounding the Incorrect value or tax.) Inconsistent use of..the income approach to value. „ Questionable recognition of both economic and functional obsolesence in application of the cost approach to value. j9 90 19 _. Value Tax Value Tax - - ' Orig. 96,120 8,494 • Abate. 41.,.3.32 3.,553 Dal, 54,788 4,8411. • The taxes (have) (have not) been paid. Wherefore your petitioner prays that the taxes may be abated or refunded in the sum of 8..3.,.653..:pl.us. interest I declare, under penalty of perjury in the second degree that this petition, together with any accompanying exhibits or,statements,hap.been.examine py me and to the best of my knowledge, information andbelief is true, correct and complete. Banc One of Colorado Corp. rd_LD COUNTY ASSESS, a jR' X11)1�„� Iq] By. William A. McLain, P.C. ( , �' Agent'... DEC 2t9 1992 c/o TaX Profile Services GREELEY,COLD. Address 1123. Auraria Pkwy., ' Suite G100 Denver, CO 80244 • 930632 PIN: 0807486 PARCEL: 0707-12-3-09-013 PROPERTY OWNER: FARMERS NATIONAL BANK OF AULT ADDRESS: 119 1st ST, AULT OCCUPANCY: BANK QUALITY OF CONSTRUCTION: AVERAGE CONDITION: GOOD YEAR OF CONSTRUCTION: 1971 BANK AREA LEASABLE 4,148 RENT PER S.F. 8.00 POTENTIAL GROSS INCOME 33,184 LESS VACANCY 0% EFFECTIVE GROSS INCOME 33,184 LESS EXPENSES 35% NET OPERATING INCOME 21,570 OVERALL CAP RATE .12 ESTIMATE OF VALUE 179,750 TOTAL ESTIMATE OF VALUE 179,750 179,750/4148 = $43.33 PSF TYPICAL LAND/BUILDING RATIO 1:4 BLDG SIZE 4148 SF X 4 = 16592 SF LAND NEEDED TOTAL LAND 35,000 SF LAND NEEDED 17,000 (ROUNDED) EXCESS LAND 18,000 SF 18,000 sf x .80 = $ 14,400 + CAPITALIZED VALUE 179,750 194,15O/BLDG 4148 = $46.80 PSF 930632 SUBJECT PROPERTY 's s%''''`' t sink i°' S• a kt .%E.) Qi ,s, rte-+ , zL 17,.y � \ �^+`�( �l.rP � _�s..,. r♦9 � ,. i- r . C tr I r loy,.. r yM:. Rrh_{4 ,�• rj-G��.,�.� 119 1st STREET AULT COLORADO 930632 Hello