HomeMy WebLinkAbout930697.tiff RESOLUTION
RE: THE BOARD OF EQUALIZATION, 1993, WELD COUNTY, COLORADO
PETITION OF:
SAV-O-MAT INC
P 0 BOX 9354
DENVER, CO 80209
DESCRIPTION OF PROPERTY: PIN: R 2972886 PARCEL: 096106327009 - GR 2542
E99.50' L1 TO 4 BLK7 PACKARDS%1800 9TH ST%
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 1993, 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 1993, 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 Mike Licht, 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. The assessment and
valuation of the Weld County Assessor shall be, and hereby is, affirmed as
follows:
930697
As 06)7
Page 2
RE: BOE - SAV-O-MAT INC
ORIGINAL
Land $ 27,363
Improvements OR
Personal Property 23, 477
TOTAL ACTUAL VALUE $ 50,840
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:
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)
930697
Page 3
RE: BOE - SAV-O-MAT INC
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.
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.
930697
Page 4
RE: BOE - SAV-O-MAT INC
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. , 1993.
BOARD OF COUNTY COMMISSIONERS
ATTEST: ilmeidah WELD COUNTY, COLORADO
Weld County Clerk to the Board L
Constance L. Harbert, Chairman
11-
BY: EXCUSED
Deputy Clerk to the Brdd W. H. ebster, Proem
APP S TO FORM: „�-yy! (__ .���
�� eorge Ft( Baxte
ounty Atto ey Dale K. Hall
Barbara J. Kirkmeyer
930697
Bce_ 9Z-- a
Doa)
BOE DECISION SHEET
PIN II: R 2972886 PARCEL II: 096106327009
SAV-O-MAT INC
P 0 BOX 9354
DENVER, CO 80209
HEARING DATE: July 29, 1993 TIME: 1:30 P.M.
HEARING ATTENDED? (Y® NAME:
AGENT NAME: MIKE R LICHT, ASA LICHT & COMPANY
APPRAISER NAME:
DECISION:
DECREASE IN VALUATION
INCREASE IN VALUATION
NO CHANGE IN VALUATION 5,L
ASSESSMENT RATIO
ACTUAL VALUATION
ORIGINAL ADJUSTED
Land $ 27,363 $ h 34 .3
Improvements OR
Personal Property 23,477 '3 y99
Total Actual Value $ 50,840 $ ,70i g
COMMENTS:
MOTION BY _ -1:) .71 / TO n / (Oka, /E2—
SECONDED BY n/f Baxter --//6)N)
/Jrd)t7a.. X76-Iwo Hall -- AZIN)
yC Failed to meat burden of pre6Y Harbert N)
�c Comparables inadequate Kirkmeyer -- d)N)
Other: Webster -- (Y(N)Sse,,,71--
RESOLUTION NO.
930697
TO 4275315 P.
JUL-13-1993 08:40 FROM BRADLEY PETROLEUM
NOTICE OF DENIAL OrLE&LAY,COLORADO 80631 a'
Wi`p PHONE(303) 353-3110.EX• T. 3636
— GR 2542 £99.50' LI. TO 4 BLK7.,PACKARDS%1800 ' 9TH ST%: .
COLORADO •
'
•
1800. 9 ST
. . GREELEY
OWNER SAV-O-MATiIMC
•. •
,. ;3142
SAV-O-M
AT INC I
PARCEL 096106327009 1•
i PIN R 2972886
P 0 BOX 9354
YEAR
DENVER CO BD209
LOG
6(01/1993 ='' ry
The appraised value of property is based on the "` o •'sde I"':'r'
that your property should be included In the following appropriate (ies):consideration of the approaches to,value required by law.The Asseesor.has determined
RESIDENTIAL PROPERTY ' � � � � ' �� • 1F •; _..
AGRICULTURAL LAND IS VALUED BY 'CONSIDERING 'THE '•MARKET APPROACH.
VALUE IS DETERMINED soLELI-BY EARNING OR 'PRODUCTIVE
OF THE LAND, ' CAPITALIZED' AT, 'A RATE SET 'BY LAW. (7:7];*
T.-
CAPACITY �F.�..
ALL OTHER PROPERTY, INCLUDING VACANT ' R '`' ' rCI. . .
MARKET, AND INCOME APPROACHES. ;_3 ILAND, IS VALUED CONSIDERING THE 'COST,
It your concern is the amount of your property tax, local taxing authorities (county, -•, other
budget hearings in the fall•Please refer to your tax bill or ask h city, fist districts,
and pia and atnd special districts) holdhold
The Assessor has carefully eY°I'���rf°ra�IstIngofthesadistncu,andplantoattandtltasabudgathearigQs,
mined the valuation(%) assigned to studied your property.av information,
reasons for this determination'of
giving particular attention to the specifics included on your protest and has deter-
mined CHANGE HAS SEEN MADE TO THE ACTUAL ION value OF; '
COLORADO NOTICEION DE THIS OROARTY,
LAM REQUIRES US TO SEND TNI�S NOTIiCE 'OF 'DENIgL FOR ALL '
PROPERTIES ON WHICH WE ! !
DO NOT ADJUST. I THE VALUE.. • •
I :•
PROPERTY CLASSIFICATION sI PETITIONER'S . . ASSESSOR'S VALUATION.' .
ES (MATE ACTUAL VALUE ACTUAL VALUE
1 OP•
PRIOR TO REVIEW AFTER REVIEW
LAND ;
'I • ' i;•=7 363
IMPS a `27363
231477 ; 23,477
TOTALS S
You di S S S It
Assessor's decision,you have the right to appeal to the Coup
8.108(1)('),C.R.S. Pleases**the back of this form sagree with the A for detailed information on 0ri Board of appeal.
. anon for further aonsldaraHoii; '• 4
g your
y WARREN L. LASELL
06/D7/93
wtLcouNtrrat ¢Ysorl
•DI'r ARCL . C-�/'
rm rn . S DATE '3o 3
torarr°J ADDITIONAL INFORMATION ON/�
N REVERSE SIDE
TO 4275315 P.05
YOU HAVE TH N
E'AIGHT TO APPEAL.71-W,. $Essor • • r; '
"Tire Count : a' t s c. rglOrv,
r ,Th o Y BPardref 44ayaatkStloW9Z ett to e r ------‘74-4-7,7-isrou
21.49!Iil,Ptopt2 C.(land and bUAldings) slid 3L a aPPerys(furnishin duly-Land coa " !'• — ,- at 10
personal property (furnishings, machinery, a u! hrough August f 0
1� , . r
ot
'' P1Xl,`PIiOCiDUiiLe5 I Pment 39 -10
wq
N Cllo t� i • ` `
1 y ,�q peat the Asses of's decision '' ' `< s dt cibtg alPzaflbn Tp re , Mall r deli er one copy of-this completed form to ti
pre serve Yaur ngh!to Appeal $•• 's A p,r{E JULY 1$ FOR REAL PROPERTY, A �'our appeal must be POSTMARKED OR DELI'.
a '��, . ? OVfi p �9.fWiYQ P�JPERSQNALPROPERTY.
4hS :NI:mil,(!:;',..;t �•stsst'�: re�G : L CDONTY BOARD OF EQUALIZATION
It ' 4,u 4ges«5yA Jtpnt91S 10th Stmt, P,O, Box 758
,� ,, • Mr a Greeley, C foredo $0632 'f T r< -W.,"
,≥ ' 7 . . + • • ,. '• Telephone (303) 56. •
4
YIFfCATCON OF•'� , ��N� '"" . Ext. 4225
* �V6d-WIII be:noUtled lif the time and pl
ace'set for the earin of
,�a • nr; ra .� r,
CSAtl O 9 Your appeal. • 'vv n
totfAtitA't''ICIN'S£I$�y'!eAM hAtioN:
_ ...i g•CbWotyvaoard of Equalization must_make a:
decision.bcitify:,ays ,The Count decision on Your appeal and mail you a determination within five
ip,zr*.t r� Y Board must conclude their hearings by August 10.
t.TEtt.(;IGH'► P w "1PItEAL8N7>a�n r, !-
Sx Oit'hrtT
t If y{oti [says mot EllitSlted with ge 6•
o 'ty 4e f oa vF c=r.:nv : , 'f t tr
t - If y'�+ rXOarYOf Uflf 10 ' u "`Y'!9r �7. 94�ZaUo}N T"+a-T"C - i, ,. Ir^ �nI -v T ^7u
9 !b� �,n t w�1up ci •0 4 p decision, xqu_must`file w thi�thrrt`•d' 't' t r
{ ,I 1.•t t ar $ Z nawith I�EJofttp.fo) ,w aY Of th'
Oar f ',
d of Assessment A „1P •.09): St �.,
Contaot the BAA pPe818 B � �'� 'q! •' ,: :1,44-0",” • l u
"!1 ;: .;;1.,-; : • , :� at 1313 Sherman, Room 315 Denver AA}o 80203,` ��'° `GJsT Nr. ' .
a�w ;„1*,r1,< , ,,* ^ 1 Colorado (303) 866 5880.
����((,� • 1s'tfl t;Court
s• nth Avetiue nd street, P.O
' Green d 0, Box C
�, .fip:' •Yrr'pr1.• '1$ 'r yty1-titit}ene .yyO .,yy�,�149 $0632
4.O,7 ciir
WELL) t�' i��A T I" ' '4:- "r;r is c l �kJdtlz:aTlaiG "� , `•�, ;.0 =7 ??nr
f 915 10th Street, P.O. Box 758
I : ' „y ' 'Greeley, Colorado 80632
y '7 • Telephone (3031 3E6.4000. Ext. 4225
If yotf do not receive a determination from the County Board of Equalization,you must file an a
o ssQte .
; t —1)-Y-SeptQmber 20 ppeal with the Board
P41
• . �tESERVE YOUR APPEAL BIGHTS,
t " Ii EFOh., WE, ; ... E , YOU St PROVE YOU HAVE FILED
ND ALL.CORRESPONDENCE BE MAILED WITH PROOF OF MAILIN A TIMELY G.
gc PETITION TO THE COUNTY BOARD OF EQUALIZATION •
h t114!bpaCe b®low, please explain why% You disagree with the Assessor's valuation. IN ACCORDANCE WITH
•J.i.:P T YOU MUST STATE YOUR OPINION OF VALUE IN R
�, 4aa pOwy rAeit:
kliskF •vilii`aR'"idrfti add@96>ltlY• f the Assessor � � yAEEC21vpOLLAR
I ≥based on •the info rmation' provided to the Assessor
, , dury'ing the prdtest period ' w'
e feel Size actual value of tire
'I ';$ subject property should be reduced toe
fii hilt; 1' �
i v
i•f c • edRetfp r !
. I �;;';-;.1,-..,..„-uT+ • r : .
•. Ai
r::� to I i
ss !
�` ' L� ► / July '8; 1993
N VAS OF p Imo a Licht' & Comps y
__-_ TfTM 0 MC
CLERK TO THE BOARD
P.O. BOX 758
GREELEY,COLORADO 80632
ue
(303)3564000 EXT.4225
COLORADO
July 20, 1993
Parcel No. : 096106327009 PIN No. : R 2972886
SAV-O-MAT INC
P 0 BOX 9354
DENVER, CO 80209
Dear Petitioner(s) :
The Weld County Board of Equalization has set a date of Thursday, July 29,
1993, at or about the hour of 1:30 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, 1992, and mailed to you on or before
August 16, 1992.
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.
n^7?or -,
SAV-O-MAT INC - R 2972886
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,
BOARD OF EQUALIZATION
ona U• "Warden,
Clerk to the Board �—
BY: -4X-21C-122
Linda M. Dodge, Deputy
cc: Warren Lasell, Assessor
MIKE R LICHT, ASA, LICHT & COMPANY
151ST
C - S _ O _ E _ HEARING
DATE: JULY 29 , 1993
TIME: 1:30
ADDRESS: 1800 9TH STREET GREELEY
OWNER: 5AV-0-MAT
PIN#: 2972886
FOOD MART
f .*...
;rte, _ s trill
930697
LAND SALES
LEGAL SALE DATE SALE PRICE SIZE PRICE/SF LOCATION
SUBJECT:
Sav-O-Mat 9,950 sqft $2.75
1800 9th St
Greeley, Co
2972886
COMPARABLES:
2220 9th St
(Autozone) 06/20/90 $285,000.00 39,962 sqft $7.13
1 0003688
1527 9th St
2970986 05/04/92 $ 40,000.00 5,750 sqft $6.96
2
1928 9th St
(Yankee Const) 04/13/90 $ 15,000.00 5,906 sqft $2.54
3 3008886
712 9th St
4 2817986 12/02/87 $105,000.00 28,500 sqft $3.68
PAGE 1
930697
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COMPARABLE SALE
1106
.a, 4 44..!:.t 4.*
Sinclair .f ", Aso
t
_-- +-
Cr
k y a.n.3 � .
yg •
PIN: 4463986 PARCEL # : 105728405001
OCCUPANCY: CONVENIENCE STO
ADDRESS: 615 RAILROAD ST
GILCREST
SALE DATE: 04/12/91
SALE PRICE: $65,000
GRANTOR: CONOCO INC
GRANTEE: WHITAKER, JERRY & JANET
CONSTRUCTION-QUAL: LOW
PR/SF(IMPS) : $57 . 82 BLDG SIZE: 1 , 080
PR/SQ FT: $60.19 YEAR BLT: 1972
LAND SIZE: 4 , 250 CLASS: S
LAND VALUE: $2 , 550 WALL HEIGHT: 14
LAND/BLDG RATIO: 3 .94 BSMT SIZE: 0
REMARKS: TOTAL SALE $70 ,000 . $5 , 000 P.P. --PUMPS AND
TANKS ARE INCLUDED AS REAL ESTATE PER MR
WHITAKER
9.30697
COMPARABLE SALE
98
Conoco '
1.19
sit ig.
i _
p ',c F
1.24" _
1.36 - rr, 1. .:u ,_ Ir..
.,"...*:....7--1.4.
i5: iY- "J`n ti'` rw^nD.:f t/k.:J ,u i -"Ci-'.�n..
4444044°‘
PIN: 2651486 PARCEL # : 95926309001
OCCUPANCY: CONVENIENCE STORE
ADDRESS: YELLOWSTONE DR 4821
GREELEY
SALE DATE: 01/12/90
SALE PRICE: $60,000
GRANTOR: DSCO INC
GRANTEE: ARNOLD LEASING ASSOC BLDG SIZE: 2,000
CONSTRUCTION-QUAL: AVG YEAR BLT: 1979
PR/SF(IMPS) : $23 . 25 CLASS: S
PR/SQ FT: $30.00 WALL HEIGHT: 10 FT
LAND SIZE: 36,000
LAND VALUE: $13 ,500
LAND/BLDG RATIO: 18.00
REMARKS: 4 SINGLE PUMPS; 32,000 gal. STORAGE.
930697
COMPARABLE SALE
132
r :•.:ItiOsia r-a .7 tt tors 1„..,m_z_ _4: ii,Ati.. y
_ ,„......‘ .,1.4%. uw ...,...mt r,,.. i rz rit -._ , _.-
re► �% s: it
eQ Ns:
�; 1:r
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t
$90, . `any�
t
� `" .„--,-..,-2e a ,t,,�L
a,�: _ "",'. re, ��
PIN: 3019586 PARCEL # : 96106427001
OCCUPANCY: SERVICE STATION
ADDRESS: 9 ST 1330
GREELEY
SALE DATE: 09/11/89
SALE PRICE: $85,000
GRANTOR: DARE CO
GRANTEE: DE BROCK, JAMES BLDG SIZE: 1 , 231
CONSTRUCTION-QUAL: AVG YEAR BLT: 1960
PR/SF(IMPS) : $34 .65 CLASS: C
PR/SQ FT: $69. 05 WALL HEIGHT: 14 FT
LAND SIZE: 15 ,400
LAND VALUE: $42 , 350
LAND/BLDG RATIO: 12 . 51
REMARKS: BUYER STATED NO TANKS OR PUMPS IN SALES PRICE. PROPERTY
WAS LEASED $750/MONTH GROSS BEFORE SALE. OWNER PAID
INSURANCE, MAINTANENCE,AND TAX.
41.30119r7
COMPARABLE SALE
187
i
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. �.....-. r ,,
a t ice'- )�'E� .„.
w •
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N..e-;."ns
. ss,.. s.� ,P A -.0"--"•4',
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h
:,3 8 '8 3
W Y
PIN: 3879886 PARCEL # : 96120219001
OCCUPANCY: CONVENIENCE STORE
ADDRESS: 11 AV 2800
EVANS
SALE DATE: 07/14/89
SALE PRICE: $163 ,700
GRANTOR: ROH, PAUL BLDG 1 ,960
GRANTEE: GONZALES , LEONARD B YEAR SIZE:BLE: 1970
CONSTRUCTION-QUAL: GOOD CLASS: S
PR/SF(IMPS) : $68 .69
PR/SQ FT: $83 .52 WALL HEIGHT: 10 FT
LAND SIZE: 12 , 918
LAND VALUE: $29 , 065
LAND/BLDG RATIO: 6 . 59
REMARKS: SALE INCLUDES 3 PUMPS 1-6000 GAL & 1-8000 GAL TANK
0
0
930697
Licht 51 West 84th Avenue, Suite 230
Denver, Colorado 80221
& Company (303)427-4860
Real Estate Consultants Fax(303)427-5315
WELD COUNTY ASSESSOR
_ oEC
i � [123 :brad93pr]
JUN 0 1 1993 U
May 27 , 1993 GREELEY,C0L0.
Assessor
Weld County
Re: Schedule Number4961-063-27-009
Address 1800 9th Street
Assessor:
We represent the owners of the above referenced property. We hereby
protest the 1993 actual value thereof.
We estimate the 1993 actual value of the subject property to be:
$1, 000 .
Your office has valued the subject property at $50, 840 .
The subject property is a service station. Federal regulations require
the replacement and/or installation of retention and leak detection
equipment in ALL underground storage tanks by 1998 . Existing tanks MUST
be removed, and any contaminated soil must be removed and/or abated.
New tanks MUST be equipped with leak detection, spill reserviours, etc.
The costs involved with complying with the Federal regulations are
estimated to be at least $50, 000 with no upside limit. The costs reduce
the value of the properties involved (both land and improvement values) .
Please reduce the value of the subject property by at least $50, 000 to,
at most, $1, 000 .
Please inform us of your decision at:
Licht & Company
51 West 84th Ave.
• Suite 230
Denver, Colorado 80221 •
Respectfully,
EXHIBIT
LICHT & COMPANY 1"P' a
CGD lg 13c
Mike R. Licht, ASA
Q 8 a Senior Member of American Society of Appraisers
930697
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