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
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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
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