HomeMy WebLinkAbout901481.tiff RESOLUTION
RE: THE BOARD OF EQUALIZATION, 1990, WELD COUNTY, COLORADO
PETITION OF: WINDSOR ASSOCIATES INC
1934 S GARLAND CT
LAKEWOOD, CO 80227
DESCRIPTION OF PROPERTY: PIN: R 1478586 PARCEL: 080720401004
- WIN CST-C PT E2SE4 20 6 67 CARANNA 1ST FILING BEG S87D46 'W
235. 03 ' FROM E4 COR SOD12 'E 208 ' S89D47 'W 176.89 ' THENCE ON
ARC OF CURVE TO L RADIUS 40 ' & CHORD BEARING N44D16 'W 35.93 '
TO PT OF CURVE NOD12 'W 175. 09 ' N87D46 'E 202 ' 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 Gary
Sturgill, Facility Resources, Inc. , 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.
9014!31
Page 2
RE: BOE - WINDSOR ASSOCIATES INC
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 OBOE are entitled to participate.
The hearings are informal. The arbitrator has the authority
Page 3
RE: BOE - WINDSOR ASSOCIATES INC
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 31st
day of Jl7 y, A.D , 19 0.
ATTEST:/� ✓ D� a447 BOARD OF COUNTY COMMISSIONERS
W
Weld County Clerk to the Board /E(LDc
-i/ (U/N(T , COLORADO
/LeY
enG e R. Bran e ��
)O"� nunChairman
1
puty Clerk t4/44--x-df-9
e Board gJ
Gy.rge Kennedy, Pro-TT
ABP�2O�F D AS TO FORM: /
C ns ance L. a b t
�m , ��� /�, X c �;,
County Attorney C. W. Ki b
Go a
OFFICE OF COUNTY ASSESSOR
915 10th STREET
GREELEY,COLORADO 80631
NOTICE OF ADJUSTMENT PHONE(303)356-4000, EXT.4256
WIN CST-C PT E2SE4 20 6 67 CARANNA 1ST FILING
BEG S87046214 2J5.031 FROM E4 CUR SOD121E 2081
COLORADO S890471W 176.891 THENCE ON ARC OF CURVE TO L
RADIUS 401 b CHORD DEARING N44016114 35.931 TO
PT OF CURVE N0D121W 175.091 1487046'E 2021 TU OULU
812-814 7 ST
OWNER WINDSOR ASSOCIATES INC
FACILITY RESOURCES INC PARCEL 060720401004
PIN R 1470686
P U BOX 1164 YEAR 1990
DENVER CO 80201 LOG 00795
06/12/1990
The appraised value of property is based on the appropriate consideration of the approaches to value required by law.The Assessor has determined
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 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 studied all available information, giving particular attention to the specifics included on your protest and has deter-
mined the valuation(s) assigned to your property.The reasons for this determination of value are:
JASED UIJ A STUDY OF COMPARABLE PROPERTIES THAT SOLD FROM 1/87 TO 6/6 as
WE HAVE: ADJUSTED YUUR PROPERTY TO THE 1988 LEVEL OF VALUE AS SHOWN
BELOW.
PETITIONER'S ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ESTIMATE ACTUAL VALUE ACTUAL VALUE
OF VALUE PRIOR TO REVIEW AFTER REVIEW
LAND 611419 b1141y
IMPS 400) 826 3401352
TOTALS $ $ 4624 245 $ 4011 771
If you disagree with the Assessor's decision,you have the right to appeal to the County Board of Equalization for further consideration,
39-8-106111(a),C.R.S. Please see the back of this form for detailed information on filing your appeal.
By: RICHARD W. KEIRNES 07/J1/90
WELD COUNTY ASSESSOR DATE 2C
P-2D
ADDITIONAL INFORMATION ON REVERSE SIDE
Form Form T A 87/90
YOU HAVE: THE RIGHT TO APPEAL THE. ASSESSOR'S DECISION
.,,t to hear appeals beginning July 1 and euetinuing through r'August. 10 for real property
enc. personal property (furnishings, machinery, and equipments. 398-104 and 39-8-107(2), C.R.S.
R ,ro.. PROPERTY APPEAL PROCEDURES: (Land and Buildings)
lf ;tee oi:oosc: e.p:eel tie Assessor's deC's5ion, mail or deliver one copy•o°f This completed forrn to the County Board o
r,:.; .: • :a <�:r<<, r..: preserve your right to appeal, your appeal must be POSTMARKED OR LIE-.LIVERED ON OR BEFORE
R;
P.f=FiS C.31'vAL PROPERTY APPEAL PROCEDURES: (Furnishings, Machinery . and Equipment)
eii ose _.: ;:: i.:‘e i the Assessor's decisiop, mass or.deliver one copy:of (his completed form to the County Board of
voui- right to appeal, your appeal must he POSTMARKED OR DELIVERED ON OR BEFORE
•
WELD COUNTY BOARD OF E.0.(J iLl:Z.A-f!ON
915 10th Street, P.O. BON. 758
Greeley, i olored° x`30632
• Telephone (33) 356-4000, Ext. 42':.5
61iOTI iC T ION OF HEARING: You viii Inc: notified of the time and plane se-i for the hearing of your appeal.
.. .... .......
C.r.,:+LINTY fie; ARD OF EQUALIZATION'S DETERMINATION:
:e County Board of Equalization must make a decision on your appeal and mail you a determination within five business
ciays The County Board must conclude their hearings by August 10.
'TAXPAYER RIGHTS FOR FURTHER APPEALS:
If you are not srltttifleC.i with the County Board of Equalization's decision, you rnirst file within thirty days of the County
E3•...e.e; ;,; Eque'Uza1 l.ores decision to ONE of the following:
Board of Assessment Appeals (BAA):
q..:oo'.act. the BAA at 1:313 Sherman, Room 523, Denver, Colorado 80203, (303) 866-5880.
District Court:
9th Avenue and 9th Street, P.O. Box C
Greeley, Colorado 80632
Telephone (303) 356-4000, Ext. 4520
Arbitration:
WEI...D COUNTY BOARD OF EQUALIZATION
915 10th Street, PD. Box 758
Greeley, Colorado 80632
Telephone (303) 356-4000. Ext. 4"225
I :^ , . rt; receive :ttIt trnina-t;ori from the County Board of Eq slization by August 25: you must file an appeal with
I:(.9."esi t; .Assese,oienr Appeeis by September 24.
TO PRESERVE YOUR APPEAL RIGHTS, YOU MUST PROVE YOU HAVE FILED A TIMELY APPEAL,
THEREFORE, INE RECOMMEND ALI.. CORRESPONDENCE BE MAILED WITH PROOF OF MAILING.
PETITION TO•THE COUNTY BOARD OF EQUALIZATION
• the soat.e please explain why you disagree with the Assessor's valuation. Attach additional documents as necessary.
•
FACILITY RESOURCES, INC. ino
,s
To Ti f:
it
JULY 9, 1990
t ,
Weld County Assessor
915 10th St.
Greeley, Co. 80631
Dear Sirs:
We have not received notices of determination for the following
properties:
Stone gate Apartments 808-810-812-814 Stone Mountain Dr.
Schedule �
080720401003 and 080720401004
We are requesting a County Board of Equalization Hearing for these
properties.
Please contact me to set up a date. My is 292- 1557
Sincerely,
-Nancy L Sturgi 11
P.O. Box 1164 • Denver, Colorado • 80201 (303) 575-8570
OFFICE OF BOARD OF COUNTY COMMISSIONERS
PHONE(303) 356-4000. Ext 4200
P.O.. Box 758
1111D
GREELEY, COLORADO 60632
C.
COLORADO
July 25, 1990
WINDSOR ASSOCIATES INC
1934 S GARLAND CT
LAKEWOOD, CO 80227
The Weld County Board of Equalization has scheduled your hearing for
Tuesday, July 31, 1990, at or about 2:00 P.M. regarding your
tax assessment for property in Weld County, Colorado, described as:
WIN CST-C PT E2SE4 20 6 67 CARANNA 1ST FILING
BEG S87D46'W 235.03' FROM E4 COR SOD12'E 208'
S89D47'W 176.89' THENCE ON ARC OF CURVE TO L
RADIUS 40' & CHORD BEARING N44D16'W 35.93' TO
PT OF CURVE NOD12'W 175.09' N87D46'E 202' TO BEG
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)
Page 2
RE: BOE - R1478586
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
Deputy Clerk to th Board
OFFICE OF BOARD OF COUNTY COMMISSIONERS
PHONE (303) 356-4000, Ext.. 4200
P.O. Box 758
1 GREELEY, COLORADO 80632
C.
COLORADO
July 25, 1990
WINDSOR ASSOCIATES INC
1934 S GARLAND CT
LAKEWOOD, CO 80227
The Weld County Board of Equalization has scheduled your hearing for
Tuesday, July 31, 1990, at or about 2:00 P.M. regarding your
tax assessment for property in Weld County, Colorado, described as:
WIN CST-A PT E2SE4 20 6 67 CARANNA 1ST FILING
BEG SOD12'E 325.25' & S89D47'W 50' FROM E4 COR
S89D47'W 184.89' NOD12'W 317' N87D46'E 185'
SOD12'E 323.50' TO BEG (TRACT A)
8810 STONE MTN CT%
The public hearing will be held in the Chambers of the Hoard, 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)
Page 2
RE: BOE - R1478486
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(-7)9 O/ i.G�n.G 4 I
eputy Clerk to the Board
P 556 982 516
Pe. 1. f$FOR CERTIFIED MAIL
•9 r G�<NINTERNATIONAL MAIL
�‘1/4.40. @ ¢r'Reverse)
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Certified Fee
Special Delivery Fee
Restricted Delivery Fee
Return Receipt showing
to whom and Date Delivered
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Dale. and Address of Delivery
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S TOTAL Postage and Fees
0
0 Postmark or Date
eh
1/4 27
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• SENDER: Complete items 1 and 2 when additional services r desired, and complete items
3 and 4.
Put your address in the "RETURN TO" Space on the reverse side. Failure to do this will prevent this card
from being returned to you.The return receipt fee will provide you the name of the person delivered to and
the date of delivery. For additional fees the following services are available. Consult postmaster for fees
and check boxles)for additional service(s) requested.
1. ❑ Show to whom delivered, date, and addressee's address. 2. ❑ Restricted Delivery
(Extra charge) (Extra charge)
3. Article Addressed to: 14. Article Number
WINDSOR ASSOCIATES IN4P 4-74:2
197♦ S GARLAND CT ,t ype of Service:
LAKEWOOD. CO 8022) Registered ❑ Insured
Certified O COD
I Express Mail ❑ Return Receipptt
p •r Marchanr�s
llways obtai ery tut, essee
or agent an. L;J :4 3Rq�i.,
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7. Date of Delivery 0O0
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PS Form 3811, Apr. 1989 rU.S.G.P.O.1989.238.815 DOMESTIC RETURN RECEIPT
OFFICE OF BOARD OF COUNTY COMMISSIONERS
PHONE(303) 356-4000, Ext.. 4200
\ P.O. Box 758
ik
GREELEY, COLORADO 80632
COLORADO
July 25, 1990
FACILITY RESOURCES INC
P 0 BOX 1164
DENVER, CO 80201
The Weld County Board of Equalization has scheduled your hearing for
Tuesday, July 31, 1990, at or about 2:00 P.M. regarding your
tax assessment for property in Weld County, Colorado, described as:
WIN CST-A PT E2SE4 20 6 67 CARANNA 1ST FILING
BEG SOD12'E 325.25' & S89D47'W 50' FROM E4 COR
S89D47'W 184.89' NOD12'W 317' N87D46'E 185'
SOD12'E 323.50' TO BEG (TRACT A)
8810 STONE MTN CT%
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)
Page 2
RE: BOE - R1478486
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\
/ 1
eputy Clerk to the\Board
.7;r*N;H\
OFFICE OF BOARD OF COUNTY COMMISSIONERS
PHONE(303) 356.4000. Exr. 4200
P.O. Box 758
GREELEY, COLORADO 80632
C.
COLORADO
July 25, 1990
FACILITY RESOURCES INC
P 0 BOX 1164
DENVER, CO 80201
The Weld County Board of Equalization has scheduled your hearing for
Tuesday, July 31, 1990, at or about 2:00 P.M. regarding your
tax assessment for property in Weld County, Colorado, described as:
WIN CST-C PT E2SE4 20 6 67 CARANNA 1ST FILING
BEG 587D46'W 235.03' FROM E4 COR SOD12'E 208'
S89D47'W 176.89' THENCE ON ARC OF CURVE TO L
RADIUS 40'. & CHORD BEARING N44D16'W 35.93' TO
PT OF CURVE NOD12'W 175.09' N87D46'E 202' TO BEG
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)
Page 2
RE: BOE - R1478586
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
F
BY: G7'1c-iN-4.�.' �X4�
D puty Clerk to a Board
P 556 982 497
RECEIPT FOR CERTIFIED MAIL
NO INSURANCE COVERAGE PROVIDED
NOT FOR INTERNATIONAL MAIL
(See Reverse)
Sent to
FACILITY RESOURCES INC
P O BUX 1164
DENVER, CO 80201
Gennied Fee
Special Delivery Fee
Restricted Delrvery Fee
Return Receipt showing
to whom and Dale Delivered
Ln
co Return Receipt showing to wham.
m
Date. and Address of Delivery
ar
G TOTAL Postage and Fees
0
Postmark or Date
co
LL r9O/9'
N
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XO9 7 q/
• SENDER: Complete items 1 and 2 when additional services'are desired, and complete items
3 and 4.
Put your address in the"RETURN TO"Space on the reverse side. Failure to do this will prevent this card
from being returned to you.The return receipt fee will provide you the name of the person delivered to and
the date of delivery. For additional fees the following services are available. Consult postmaster for fees
and check boxlesl for additional service(s)requested.
1. ❑ Show to whom delivered, date, and addressee's address. 2. ❑ Restricted Delivery
(Extra charge) (Extra charge)
3. Article Addressed to: 4. Article Number
fILITY RESOURCES INC � . Rer 4-6-(o 9S3 997
1 BOX 1164 `�y [p ypet of Service:
iVERb CO B020Ty glstered ❑ Insured
Certified ❑ COD
❑ Express Mail ❑ Return Receippt
for Merchan01s8
Always obtain signature of addressee
or agent and DATE DELIVERED.
S. Signature 8. Addressee's Address (ONLY if
x requested and fee paid)
. SI atur
X
7. Date of Delivery
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PS Form 3811, Apr. 1989 *U.S.G.P.O.1989-238-815 DOMESTIC RETURN RECEIPT
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REQUEST TO ASSESSOR FOR REVIEW OF REAL PROPERTY
VALUATION:
FILE NUMBER
PROP. ADDRESS/COUNTY; �� �� �cs-y/v777/41 Pie.
SCHEDULE NUMBER; LAND SF
(407-.20�o/ 00_3 C�o�'��X
OWNER OF RECORD IMPS SF o6, ,��
VALUE ASSIGNED BY ASSESSOR STATEMENT OF ACTUAL VALUE `
r $05 /
TOTAL VALUE / TOTAL VALUE 7 �O
4/6,13 6 '5e3,/ CD O 50:::. ) 33
LAND IMPHOyiMENTS LAND IMPROVEMENTS
�X77Oc2 ' 9�� _ cgd O sb 0
Old el.
CORRELATION F VALUE FOR REVIEW
•
LAND IMPROVEMENTS TOTAL
COST:
INCOME:
MARKET: -ft coo
CORRELATION:
RECOMMENDED VALUE:
REASONS FOR BELIEVING ASSESSOR'S VALUE TO BE EXCESSIVE:
UrviT C d wl�c c-/� Pzi/Lc-r//90-&--V 77S" oQ 0
I hereby protest the valuation as a igned and request a review thereof.
Owners representative: ->t Date:
by the County Assk-s-or: Date:
- X H 18 I T FACILITY RESOURCES, INC. 4/'� Witdser P O. Box 1164 ✓
Denver, CO 80201 V �
j (303) 292-1557
r�5�, )'?
REQUEST TO ASSESSOR FOR REVIEW OF REAL PROPERTY
VALUATION:
FILE NUMBER
PROP, ADDRESS/COUNTY;
SCHEDULE NUMBER; LAND SF
Q 6o7av cvy
OWNER OF RECORD IMPS SF
VALUE ASSIGNED BY ASSESSOR STATEMENT OF ACTUAL VALUE
r
` j_.
�� I i � -� -
TOTAL VALUE i{`r TOTAL VALUE D, -�D
,?z/ o 0 o I A7V/, 733
I LAND IMPROVEMENTS LAND IMPROVEMENTS
O/ c‘ _ .... -- to/V 00 X79 mop
CORRELATION OF VALUE FOR REVIEW
LAND IMPROVEMENTS TOTAL
COST:
INCOME:
!� MARKET: ,39j v d
I
CORRELATION:
RECOMMENDED VALUE:
REASONS FOR BELIEVING ASSESSOR'S VALUE TO BE EXCESSIVE:
t
Gvi r,27, zAfo 7 02O<l c/ e7o3
i
I hereby
protest the valuation as assigned and request a review thereof_
Owners representatiVe. Date:
iterieved by the County KS-sessor:
Date: -
-- --- - - - --- -FACILITX 0:- - - -
P O. Box 1164
Denver, CO 80201
(303) 292-1557
Comparable Sales for the Stonegate Apartments at 808,810,812
and 814 Stone Mountain Court, Windsor, Colorado. Subject
property contains 52 units, brick and frame construction, YOC
1971 and 1973.
Note; For the base period, 1 Jan 87 thru 30 Jun 87, few transactions
occurred involving this number of apartments.
I . 729 26th :Ave, 12 unit apartment, brick construction, YOC 1980, sold
09/88 for 175,000
$ 14,583 per unit
2. 2023 4th Ave, 8 unit apartment building, YOC 1972, 2 story brick
construction, sold 10/87 for $ 110,000 or
$ 13,750 per unit
3. Subject property, Stonegate apartments sold 12/88 for $775,000
$ 14,903 per unit
r Est. <5,� �
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2O23 470,,,Ave,- vv.v ,J CAC so 72; 26Tr, P.vg, /Z u.,,7 pie
PYL. / / Jll7S O re'n Choir �91D r rt !42::-.7i.),- yr
/..)pn2 024,,4c co-Th K1
v Vrin,ed Vutnun.,f this furor a0Vro,.d bi --"—--
Color,du tlevl EMU Commin Inn lsC¢] 2 all
Na I7 A ULU.IMtlI alen IF lour RMOlML100,UM TAX Oa ODIN AIRMAIL I M MO it COMMA WOK Mgt
•
COMM RCIAL
•
CONTRACT TO BUY A U SELL REAL ESTATE
(Seller's Remedy limited'to Liquidated Damages)
Dk.uenl .*x__2.9 19 I.•
The undersigned agent hereby acknowledges having oceived from Rautica
Rk_Cr. CIi;Ylfzr• _
_thee mof11,f1Q4 fill ,in the form of an
stun _—�,tobehel by__Ted Hlpak 5 Aaa to
broker, in broker's escrow or truotes account, as earnest r oney and part payment for the following described real
estate in the. _County of
,Colorado,to w7ll
As described on Exhibit A atta hed hereto
I
I together with all easements and rights of way appurtenan thereto• all improvements thereon and all fixtures of a
permanent nature currently on the premiers except as he elnafter provided, in their present condition, ordinary
wear and tear excepted,known es No. _$1111Ciate--AllSiftneathe
IStreel Addrescriiy,iiyi — — ,and hereinafter called the Property,
• 2. Subject to the provisione of paragraph 17,the underei ned person(*) -_Ramdolph—G,_CLtLr.ier
'i — — - (ae-Jekeiaetteverbeetanhieemnmerr),hereinafter called
Purchaser,hereby agree,to buy the Property,end the uncle elK�t7yed owner(s),lineh'r.1�se d Seller,hereby agrees
to sell the Property upon the terms and conditions stated harplre•- x-75 CVO {e. The purchase price mini' he U.S,'•741O-tf3Elldre(Y _, Payable ax follows;3"��—_CC YYY S__rterotprfestbr rye:
Purchaner shell assume end agree to pay, existing note and deed of trust on
• the property held by United Hank of Fort C lline ("Lender") provided, however,
that said note and deed of trust shall be educed to the principal amount of
$750,000.00 and shall be modified to a pay eat schedule acceptable to Purchaser.
In addition, said note must be assumable b qualified purchasers o£ the Property
for an assumption fee not to exceed 1/2 of 1%. Seller shall pledge a first deed
o£ trust on Lot 9, Summit Ranch (the "Lot" , Jefferson County, Colorado to
Lender es additional collateral during the first five years of the loan term
for the note assumed by Purchaser, Lender must agree that Seller may obtain a
release of the Lot from Lender's deed of t ust upon the substitution of a Letter
of. Credit in the amount of $50,000 as subs itute collateral for the Lot. Such
Letter of Credit shall be in a form accept ble to Lender and shall be for a
one-year term and shall be annually renews le and may be drawn by Lender in
the event of a default on the note. If de ivered, the failure to renew the
Letter of Credit at least 30 days prior to the next expiration date shall be
an event of default which shall entitle Le der to draw the Letter of Credit.
I. In the event that there is no default on t e note during the five years
li immediately following the closing, the Lot shall be released or the Letter of
t. Price to include the following personal property: Cr dit shall be returned to Seller.
any located at the Property and
owned by Seller
I
to be conveyed by bill of sale at time of cloying in their present :ondition,tree and clear of all personal property text!,
liens and encumbrances,except: for the security interest of Lender
and except any personal property liens in any encurnbrance pecified In paragraph I1. The following fixtures of a
�' permanent nature are excluded from this sale:
none
I, _
Fwd-bratoataaao>feonia-t♦iird.party, Purchaser.sweat°pram pal rand diligent, (a
apply for such lea ALe2utete all docu*,lent, and furnish el; information and docu ats—eneritecfby a lender,and
(c)pa/the customary coats of o8tatnintsuch loa�ajLea eleties tritta pproved on or before
10—,nr if so approve itibTe tTltne_efsloeing,this contract shall be null and void and all payments and
.atiw iseaeeeivadhorwwdertIlbe.cwx+,ed-to-)
O. If a note and trust deed or mortgage Is to be assumed Purchaser agrees to apply for a loan aeaumplion if
required and agrees to pay(1)a loan transfer fee net to exceed$ 0- and(2)an interest rate
not to exceed—_ par annum 1f the loan to be enumed hey provisions for *shared equity or variable
Interest Fetes or variable payments, this contract Is conditionsf d upon Purchaser reviewing and consenting to such
provisions. If the lender's consent to a loon assumption is required, this contract Is conditioned upon obtaining such
consent without change In the terms and conditiune of such loan except as herein provided.
S.-1S-a ante-1,-ts-1 eensori ywywbN.a.BtNae-ae-p snesse-ef-shc pureh+aa-ANteriMee+aseaetya*aiLrwt—
ha-aaaLguahle by Onrob Leer-without-Wirron^tenants,'Re"'
No,SC 22.2.81.Canna le au,••e srll xwl 61W.lCe.nmercl,ll "— --- — -- —jsp -
fLadfon)Punllrhn,rC .me/ew AIM Ava.,l.aaewood,Cole-ado e0214—11031233.1100
RECE PIED F12011 301235937 P. 2
- ." _ - __ _ _..
_ • .
_
,�/,JJ/'%. Cunt :•I nos nppr;u:nl Imr lore pui poser to be obtained alto this date shall he paid by' Purchalier
/ B. 1411— tr""1"4 a.co. • ,-a ndGrd.n.,tu--,a current commitment for title insurance policy in an
e wy A
amount equal to the purchase prise, at Seller's ept.iost-44-expense. shall be furnished to Purchaser nn or before
_SauueLy�_4 . _ �, tb9J. �[SeJ ►.Iw+wastae mimeo 4awlitito-iweutowe<•eemwsilmiswt,Seller
will deliver the title insurance p}p}nlicy0Stirc{hasic after clo ing and pay the premium thereon.
111. The date ul-clnyinge,Fichtyylet tneAHtIERi0 d211eeey a decd as provided in paragraph 11.The bOur and pines of
closingnhall be us dealgnated by _TEA 91eilk. 6 La oriatea___�. _.____�_ __--._---.—
I i, Title*hall be merchantable In Salle r,ease pt ns stn ed in thin earns mph and in paragraphs 12 end 13.Subject
• to payment or tender us above provided and compliance lirre Purchaser with the other' terms and provisions hereof.
Seller ,chill execute and deliver a good and sufficienq ____gMaC�I.•-- _ warranty deed to Purchaser on
,lanuary- L2 __ --. 19.89.,o',by mutual agr eelllIment. at en earlier date,conveying the Property free and
clear of all taxes,except the general taxes for the year of clo ing,and except _IIQUR — — —'
free and clear of all liens for epeeist! irnprovemente iustalle as of the date of Purchaser's signature hereon,whether
n.oieeted or tint; tree rind clear of all liens and oncumbranceslexcept deed of trust to Lender
i
except the following,reglictive covenants which do not cunt in a right of reverter; of record
and except the following specific recorded and,or apparent a cements: of record
and altbjectto building end zoning regulations. A,
14. Except as stated in par agrephs 11 and 13.if title Is not merchantable and written notice of defectlel le given by
Purchaser or Pun chaser'e agent to Seiler ur Seller's agent n or before date of closing, Seller shall use reasonable
effort to correct said defect(1) prim to date of closing. If Seller le unable to correct said defectie)on or before date of
closing, at Seller's option and upon written notice to Purchaser or Purchaeer's agent on or before date of cloning,the
date of closing shall be extended thirty days for the purpose of correcting said defectio, Except as stated in paragraph
13.if title la nil rendered merchantable as provided in this p Isragraph 12,at Purchaser's option,this contract shall be
void and of nn effect and each party hereto shall be release from all obligations hereunder and all payments and
things of value received hereunder shall be returned to Purcl teen
13. Any encumbrance required to be paid may be pal at the time of settlement from
proceeds of this• transaction o' from any other source. Psauiled,-114m eaak ilw°ptw+waCelikw.-P4H4Yt
asemead.bµiienciacs ls*Rwiesatiecceeieslaantsieehae � ieee
e4ti tlt,aeeahalF be•reali eneeFneeeekeaandea ;tarty
.p .
' uaceta-attal!-be•reieaaad-fram;cal ebliRMkwah erns,deo-mrdal menerend-tahrteofmritterercrtted ha'ratlndar"ehatt t7 n /()lU�
baaetawsedte.Parishaeer. 1 opB, An io Vee e eh l be Srod b Seller and rq8�"� f kUR JI
a7SS .w MFww ►+nee es`inen recene'reaesavtatert rrepe1
14. General taxes for the year se+rsPr •
I reenter,water rents,sewer rents,FHA mortgage insurance pre iume and interest on encumbrances,if any,and
I•
shall be apportioned to date of delivery of deed. Purchaser a all be responsible for any ealeAand ustax -try
accrue because of this transaction. Eureheeer-shall—a some--Gasee—ter—the--y �PPiiiYYY/"''///,r f
16. Poeeeasion of the Property ehall be delivered to Purch eel:on closing
•
I subject to the following leases or tenancies: existing ap rtment leases
i•
•
i;
ii If Seller fails to deliver possession on the date herein specified Seller shall be subject to eviction and shall be liable for
II a daily rental of$130 I.Q9-- _anlil possession ie deliver ed. rrior to time of cloning,in an amount of
�i 16. In the event the Property shall be damaged by fire or ther casualty {
i normore than ten pereent of the total purchase price, Seiler shall be obligated to repair the same before the date
' herein provided for delivery of deed. In the event such dame& is nut or cannot be repaired within laid time or if the ,,:
damages exceed such aunt,this contract may be terminated at he option of Purchaser and all
this payments nleaet ings of ngs of i 1'
value received hereunder shall be returned to Punhamar. Should Purchaser elect to carry not ,
such damage, Purchaser shall be entitled to all the credit for ll a Insurance proceeds resulting from such damage,
i exceeding, however, the total purchase price. Should any fiat res or services fail between the date of this contract
l• and the date of possession or the date of delivery of deed,whici aver shall be @ether,then Seller shall be liable for the
repair or replacement of such fixtures or services with a unit a similar size,age andquality,or an equivv le t credit.
11. Time is of the essence hereof.If any auto or check receiiked as earnest money hereunder or any
I'i due hereunder is not paid,honored or tendered when due,or ilf any other obligation hereunder is not performed as
1,1 herein provided,there shell be the following temedim
•
(a) IF PURCHASER IS IN DEFAULT, then all paym nts and things of value received hereunder shall be ,
forfeited by Purchaser and retained on behalf of Seller a d both parties shall thereafter be released from all -
II obligations hereunder. It is agreed that Duch payments at d things of value are LIQUIDATED DAMAGES and
(except se provided in subparagraph Ich are the SELLE •S SOLE AND ONLY REMEDY for the Purchaser's
;I failure to perform the obligations of this contract, Seller a preasly waives the remedies of epeelfle performance
and additional damages. •
�I (h) IF SELLER IS IN DEFAULT,111 Put chaser may el ct to treat this contract as terminated.in grits rase
r all payments and things of value received hereunder shall a returned to Purchaser and Purchaser may recover II
II such damages as may be proper,or 121 Purchaser forc
may elect treat this contract au being In full e and effect
and Purchaser shall have the right to an action for specific pia rfor mance or
daMarea.or os any litigation arising out of thin
h.
lr Anything to the contra'y herein notding party
all r in the event
contract, the court may award to the prevailing part>' all re sortable rose end nxpenee�in�luar^g --
i L__—.
11 w�
-. i... _..__...._ -._.....—___.—
F, 3
-- -- __ .
- 7037-22_'nef :n n
yyy��� z
L ,Theii l ��ni 1,. IIm.
; i , ': 15:r•id ;0/ Ia, Purrhaeel nod Seller agree that,in the event of an •controversy regarding the earneet money held by broker, I.
unieP= mutunl written instruction is received by broker.lm ker shall not be required to take any action but may •welt
' any proceeding,or at broker's option and discretion,may I terplead any moneys nr thing'.of value Into court and May
recover court costs and reasonable attarney'S fees. .
iii. Additional provisions:
e. It i•v a condition to the Selle 's performance of this contract that
Dr. D. Boyd Bigelow ("Bigelow" shall be released from personal
liability for the note and dee of trust by Lender at Closing.
b. Rents for the month of January shall be prorated as of the Closing.
Seller shall transfer s curity deposits to purchaser at Cloaing.
�g,�///Jl, eh5
f c. Bigelow shall purchase the Lot ram Purchaser at Closing for the
purchase price of Sb9,000,0f1. itle to the Lot shell be
merchantable in Purchaser and tie Lot shell be free and clear of
encumbrances, or at the option f Bigelow, Bigelow may assume the
encumbrance and otherwise relea a the Lot and in such event the
amount of the encumbrance shall be subtracted from the purchase
//fJ�/ price.
�1 II
a, �)Gar r % �-u-zl,-t`t",,e c.( s(76,- ( �� ref(��ci by
ctc i.
`�I' 1. g-til;� timeti Gl c._c'0 C.'s(. � e �GQe (/s-rte r
II
i.
PLt<hnaer eller
20. If this proposal ie accepted bv�fter in writing and •elseeer receives notice of such acceptance on or before
—7___—_--____.tla_�, this instrument shall bet me n contract between Seller and Purchaser and shall
in 4e t�the be en)of 1 e 1 sh eu reeseora and assigns of sue parties,except ae stated In paragraph i.
� %%% r � � , 7�J llwl
`L—(9 /./RAN * 1 (�� � `_'.z_G_I•tO raker _--.Ted Slfltllt 8 (tSdIIlWIatEA
r„ I,,,.r, D p G. ( iBR u,.,,,
'
—-- - -
, Purchaser's Add'Pss —_---------.— _�---:_
(The following nertion to be complete by Seller and Listing Agent)
31 SPIle1 accepts the above prupeenl ibis—. . -_ _. day of _111e embeL--z- , IB.BB_,and agrees
lo pn n "mmlas,in, "d 6 _ '•° of she Inn-rhsse'price fat. services in this t.rnnsaetion, and agrees thin,
In the event of hu kit nls nl payment?. and things of value received hereunder, such payments and things of value
' shall be divided between listing broker and SPileI,one-half th trot in nnid hrnher but not is sn,ud 04901. {ylielun, I
nod ,hr Innenre to Seller. Such commission shall b payable by a atoatar+aneral (f r c
preminaot.y uute payable in rive semiannual installments of principahenn_rer�aerse ly r
without interest, each lnstellmont to be 1 tt �e mol�tttruet�onC�he Lot records
1p,Tvmisspr note ha lye a ur_�7+ by a second f
P'I,rt4-teey-Lanoar e-dead-nr ?rut C- -w `a,}ll,,
Lt, B. B. 6 C5,1SP 7Y ti IN�j
°c �* -_
Listing Broker's Name and Address—__-.v I
1
1
.
•
.
i
.__ . . 1
r�
7. AUTHORIZATION TO ACT AS AGENT
This shall serve as the Letter Of Engagement between (Property owner)
/l'/u/r/dl/dd WINDSOR ASSOCIATES , INC .
and Facility Resources, Inc. In regard to provision of Property Tax
Evaluation/Appeals services and hereby authorizes Facility Resources, Inc. to
act as exclusive agent and obtain all pertinent and necessary Information for
the filing of a 1990 Property Tax Appeal(s) for the following property(s)
located at:
/Yaild kidddddlld/a(Vdd///VyW-nY 7/7VV94'/7 4Vt/IVI/9'V Y
Stonegate Apartments 808-810-812-814 Stone Mountain Drive
Windsor , Colorado
ACCEPTED: March 26th , 1990 FACILITY RESOURCES, INC.
WINDSOR A 0 IAT /S , I Date
Compan
Name/Tine R . ndolph Currier , President NANCY LEE STURGILL
' 934 S. Garland Cnurt President
Street/Suite
Lakewood , Colorado 80227 P.O. Box 1164
City/State/Zip Denver, Co. 80201
(303 ) 988-8288
Phone
(303) 575-8570
PAGE 2 OF 2
FACILITY RESOURCES, INC.
P 0. Box 1164
Denver, CO 80201
(303) 292-1557
Hello