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HomeMy WebLinkAbout901434.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: PIN: R 2130686 PARCEL: 095912104021 - GR 17534-K PT TR "A" GREELEY PLAZA (PT NE4 12 5 66) BEG N89D54 'E 65. 11 ' & SOD06 'E 80 ' S44D55 'W 7.27 ' & SOD03 'E 448. 63 ' FROM NW COR NE4 N89D54 'E 150 ' SOD03 'E 150' S89D54 'W 150 ' TO PT ON E R/W LN 28TH AVE NOD03 'W 150 ' TO BEG 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. 901444 Page 2 RE: BOE - ARNOLD LEASING ASSOCIATES 11.4% ETAL 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. (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 $150.00 per case. The arbitrator's fees and expenses, not including counsel fees, are to be paid as provided in the decision. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 27th day of J {ly, A.D. 19 O. ATTEST: �CC�? BOARD OF COUNTY COMMISSIONERS LL WEL OUNTY, COLORADO Weld County Clerk to the Board /A Gene R. Brataut , Chairman i eput(1-13-Y)/�y- Clerk QS-42e Board rge Kennedy, Pro-Tem &PPR9i�ED AS TO FORM:__ P/25-7/1-7 v ,,e$/4.449 ,/ Constance L. Harbert � r� ftf L/ ounty Attorney C. W. Kirby (EXCUSED) Gordon E. Lacy OH ICE OP COUNT1 ASSESSOR 915 10th STREET GREELEY,COLORADO 80631 NOTICE OF DENIAL PHONE(303)356-4000, EXT.4256 Hil(111: GR 1766) B PT TR 54I G65.11Y PLALA (PT NE4 12 5 66) i3cG ND9U541c b5. 111 b SODOb"t BO1 COLORADO S4405SIN 7.271 E SODo3yL 448.63" FROM NW CDR NE4 N89D541E 150" SOLOJI E 1501 S89D541W 1501 TU PT JN E R/W LN 28TH AVE NOD031W 1501 TO DLG 1100 28TH AVL OWNER ARNOLD LEASING ASSOCIATES 11 .4% L-TAL ARNOLD LEASING ASSOCIATES 11 .4% ETAL PARCEL 095312104021 : +; PIN R L1JOttUo 1055 AURARIA PARKWAY SUITE 100 YEAR 1990 DENVER CU 40202 LOG i r7':i 06/11/1990 ' _ t:7 The appraised value of property is based on the appropriate consideration of the approaches to value required by law.The Assessor hesdetermined 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 1OO%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 NOevaClHANGL—asHAs BE.LNr pro perty.TO rTHL- for this dLe VALUAt IOa/Ue of. THIS PRJPLRT Y. COLORADO LAW RE#;fUIREAS LUS TU SEND THIS NOTICE OF OLNIAL FUR ALL PROPERTIES ON WHICH WE DO NOT ADJUST THE VALUE. PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE ACTUAL VALUE ACTUAL VALUE OF VALUE PRIOR TO REVIEW AFTER REVIEW LANG a5y OUO 45y 000 IMPS - ' Lb5y 530 165 y530 TOTALS $ $ 21Uy �JJ $ 21Uyt)JG If you disagree with the Assessor's decision,you have the right to appeal to the County Board of Equalization for further consideration, 39-8-1O6(1)(a),C.R.S. Please see the back of this form for detailed information on filing your appeal. RICHARD W. KEIRNES 00/19/90 By. WELD COUNTY ASSESSOR DATE I l 15 PR 2D ADDITIONAL INFORMATION ON REVERSE SIDE all Fann T A Form 87/90 You NAPE TED PLANT TO APPEAL THIS ASSESSORS DECISION E_., .,8;, -Lis,)..s r, °d,c,.f,• , ; ant.,,e t , l;u!r)9;s;roul I August 10 for real property to', rru 't:='ttr ri.s'rhseirss ^Isthin ry, alai erc ant(,;;;), 398-104 and 39-8-107427, C.R.S. 4'TEPE'f D 3ES . a t c£. Li r t;hq_d . NEA ,T ;;. t,. 3P '.t..' ;88. ,I?y '`it, ;DeuEtreo - re to the County Board of r t , d „- 8p,t 8.0si .;, ,N)SIEEENSNEN. OR, DE stSITEEL ON OR BEFORE —SNAPS - r t ns=}n r= , t3!Un t5t2't.t ti l t:t.”. CSt` cope of . _ Gt! D(P'9t3 1 't its ti: , C;t?:; Tr; Rita, of ,t) . a.., St t ;Artist A' NT tr'E , IE REED ON OR BEENRE -ft i 0.3 rip3 3, ,L33. 3r:343 r333 333r t 3343 t„ ia4, 3'33-r iftg ) Etodr spoor',. ; lit , z" 1{' N .titer. ..;< ,. ,t..,r;S.., z .r �u� { t si ;, i ; , .'r�. , .rite ,i1,ra :�, f lve uubiness '3Ps 3,.,) 1 , (^Cu„ j ,i Fri= .' in tr, 3 (313t33,3) 3 t 33 RtUSt TM' Vdtth I :h ;"tx daEs of the t:opory 7.3t- ,' s;f 443, s^,r33r,N,l Appesis: ;E:?CA '33 ..'2 ' ti i 333,3 y ,;IEIN 8.6r1 tOstrict Court. E roc E ,S a' x P. C ()repots S#? coNiti `OItf;riz s t case l;30W. 3JE5 21080, L xt. 452 tarn rt ttiprt . .. _ tr At _ t 'c: ;;tt , Cr Putt .xt : " . yY : NtiLtt 1"S t) E: `z'a=t. <tI-t4`E HL EC ttt.IN1ELY APPEAL, PET TENT' Er" to§E ;SFc?NLO `EN ts; ANAL._ ie,E3 ra) 10 F11001; EfF 11�iLlylts. S ' , TY T() HE , r:. )Er p \ t:,.-tt\r'D OF F rRlek I. `,7Al U7:) .! , � , ,__. -=xs� ai,.e. v s_t - xyti., .t , 3'33 . 3 �3,acu� le�usasnrscessary.• THE ASSESSOR'S VALUATION IS EXCESSIVE. SUPPORTING INFORMATION TO FOLLOW. JUL. 1 01990 1 6 OFFICE OF BOARD OF COUNTY COMMISSIONERS PHONE(303) 356-4000, EXT 4200 P.O.. Box 758 GREELEY, COLORADO 80632 VII D co 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 11 : 00 a.m. regarding your tax assessment for property described as Parcel #095912104021 , 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 1 ke 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 #095912104021 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 ern_ ilk , o ��r / Deputy County lerk i r C1 7 C N Q O U L Y n CO a Ncu O G/ O N L : .ti f- 1 U W 7 CO cn N k. ' I �, u 41111111111111111a, M.* yp m Fry4 _Ift— W 4 7 11 77010•031•1 Q - a OFFICE OF BOARD OF COUNTY COMMISSIONERS PHONE (303) 356-4000, Ex-I- 4200 P.O. BOx 758 WI iPAS k CiREELEY, COIDRADO80632 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 11 : 00 a.m, regarding your tax assessment for property described as Parcel #095912104021 , 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 Arba(enairAl htanal 3 Al110 GENERAL INFORMATION COST APPROACH BASE COST PER SQUARE FOOT 29 !8 FLOOR AREA 110 fiS TOTAL BASE UNIT COST 4/ 343 ADDITIONAL COST / SUMMARY 7z.vo � TOTAL REPLACEMENT COST NEW O3344 DEPRECIATION PERCENTAGE PHYSICAL/FUNCTIONAL DEPRECIATION Z6 70 ECONOMIC DEPRECIATION o Vo DEPRECIATED COST 410864/ REPLACEMENT COST NEW LESS DEPRECIATION 'j2 5-qo IMPROVEMENT COST 'T254O LAND COST 4/S-oo 0 TOTAL COST // 75340 COST ESTIMATE FOR: C. B.O.E. PROPERTY OWNER: VRM PARTNERS ADDRESS : 0959-12-1-04-021 SURVEYED BY: MDC DATE OF SURVEY: 5/15 DESCRIPTION: OCCUPANCY: SERVICE GARAGE FLOOR AREA : 1 , 710 Square Feet AVERAGE STORY HEIGHT: 12 . 0 Feet CLASS : C Masonry EFFECTIVE AGE: 15 Years COST RANK: 1 . 0 Low CONDITION: 3 . 0 Average NUMBER OF STORIES: 1 . 0 COST AS OF: 06/88 EXTERIOR WALL: Brick, Block Back-Up 65% Standard Block 35% HEATING AND COOLING: Forced Air 100% UNITS COST TOTAL BASIC STRUCTURE COST: 1 , 710 24 . 18 41 , 343 EXTRAS: Paving, Asphalt 18 , 000 1. . 08 19 , 440 Paving, Concrete 4 , 800 1 . 87 8 , 976 REPLACEMENT COST NEW 69 , 759 LESS DEPRECIATION: Physical and Functional <26 . 0%> < 18 , 137> DEPRECIATED COST 51 , 622 TANKS 8 , 750 DISPENSERS 9 , 875 CANOPY 24 , 960 TOTAL: 95 , 207 ROUNDED TO NEAREST $100 95 , 200 Cost Data by MARSHALL and SWIFT PAGE 1 Hello