HomeMy WebLinkAbout970466.tiffFORM 920 (66-93)
FOR
Must befiled NIn duplicate Mand all questions must be answered. ORIGINAL
Petitioners: Complete this side only.
Dacono
City or Town
, Colorado, October 30 19 96
To The Honorable Board of Commissioners of Weld County
Gentlemen:
The petition of Colorado National Promotions, Inc., c/o Asset Realty Advisors,
whose mailing address is:
Littleton
5 E. Belleview Drive
City or Town
SCHEDULE NUMBER
5712386
CO 80121
State Zip Code
DESCRIPTION OF PROPERTY AS LISTED ON TAX ROLL
4261 County Road 10, Weld County
respectfully requests that the taxes assessed against the above property for the years A.D.
19 94 , 19 95 , are erroneous, illegal, or due to error in valuation for the following reasons:
Describe specifically the circumstances surrounding the incorrect value or tax, including owner's
estimate of value. (Attach additional sheets if necessary) Improvement values are higher
than replacement cost new and certain additional characteristics should
be classified as personal property. Additional documentation is available
upon request. Petitioners estimate of value is $828,335.
19 94
Value Tax
Orig.$1,100,055 $38,242
Abate. 271,720 9,429
Bal. $ 828,335 $28,744
19 95
Value Tax
$1,160,217 $39,423
331,882 11,277
$ 828,335 $28,146
Therefore the petitioner requests that the taxes may be abated or refunded in the sum of $ 20,706
I declare, under penalty of perjury in the second degree that this petition, together with any accompanying
exhibits or statements, has been examined byme and to the best of my knowledge, information and belief
is true, correct and complete.
Mark L. von End
Every petition for abatement or refund filed pursuant to section 39-10-114 shall be acted upon pursuant
to the provisions of this section by the board of county commissioners or the assessor, as appropriate, within
six months of the date of filing such petition. 39-1-113(1.7), C.R.S.
Address 5 R. Belleview Drive
Littleton, CO 80121
/7 1 pfkaytime phone number 303-781-2608
c.
. /ref., e7)er
/95 0V37
970466
Complete Either Section I or Section II
RESOLUTION OF COUNTY COMMISSIONERS
Section 1: In accordance with 39-1-113(1.5) C.R.S., the commissioners of County
authorize the assessor to review petitions for abatement or refund and to settle by written mutual agreement any such
petition for abatement or refund in an amount of one thousand dollars or less per tract, parcel, or lot of land or per
schedule of personal property.
County Commission Resolution #
The Assessor and petitioner mutually agree to an assessed value of $ for
$ total tax for the year(s) 19 and an abatement/refund of $
PLEASE NOTE: THE TOTAL TAX AMOUNT DOES NOT INCLUDE ACCRUED INTEREST, PENALTIES,
AND FEES IF APPLICABLE, PLEASE CONTACT YOUR COUNTY TREASURER FOR FULL PAYMENT
INFORMATION.
Petitioner's Signature Dam
Assessor's Signature Dare
If Section I is not complete and/or if petition is for more than $1,000, Section II must be completed.
Section II: Assessors's recommendation:
❑ approved - No protest filed in 19 or 19
O approved in part $ denied for the following reason(s):
Note: If a protest was filed please attach copy NO .
(-7/ L c 9 t /-Throe u, 4 c reoyei"
By:
Dep. Assessor
WHEREAS, The County Commissioners of Weld County,
State of Colorado, at a duly and lawfully called regular meeting held on the 10th day
of February , A D. 19 97 , at which meeting there were present the following
members: Chair Ceorge E. Baxter and Commissioners Dale K. Hall, Constance L.
No h r R� h� o T Urlrmnyer, and W 11 Webster
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 T.asel1 being present and taxpayer
(name)
Colorado National Promotions Tnr not being present; and
(name)
WHEREAS, The said County Commissioners have carefully considered the within application, 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 denied , and an abatement refund not he all need
$ 2 71, � °PO °bYf den ed) $9,429.00 (be allowed or not be p�ipWed)
on an assessed valuation of $ 882 00 f°r $$11,277.00 total tax for the year(s) 19_11.95 17 i4•
STATE OF COLORADO,
County of Weld
}s.
ai an of Board of County Commissioners
I, Donald D. Warden , County H1trunimerad 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 Wel d
County, now in my office.
IN WITNESS WHEREOF, I have hereunto set d and affixed the seal of said County,
at Greeley , this 17th day of February , A D. 19 97
Y Clerk to the Board
Derk to the Board
ACTION OF THE PROPERTY TAX ADMINISTRATOR
Denver, Colorado, 19
The action of the Board of County Commissioners, relative to the within petition, is hereby
❑ approved; ❑ approved in part $ ❑ denied for the following reason(s)
Secretary
Properly Tax Administrator
111k.
COLORADO
February 12, 1997
Colorado National Promotions, Inc.
Go Asset Realty Advisors, Inc.
ATTN: Mark L. von Engeln
5 E. Belleview Drive
Littleton, CO 80121
CLERIC TO THE BOARD
PHONE (970) 356-4000, EXT.4218
FAX (970) 352-0242
P.O. BOX 758
GREELEY, COLORADO 80632
RE: SCHEDULE NUMBER 5712386
Dear Property Owner:
On February 10, 1997, the Board of Weld County Commissioners considered your petition for
abatement or refund of taxes and denied same.
Pursuant to Section 39-2-125(f), C.R.S., you have the right to appeal this decision to the State
Board of Assessment Appeals within thirty days. You may obtain the appropriate forms and
instructions from the Board of Assessment Appeals, Department of Local Affairs, 1313
Sherman Street, Room 420, Denver, Colorado 80203.
Donald D. Warden,
Clerk to the Board
By: d�ed/1?a'
Deputy Clerk to the Bo
�
cc: Assessor
( 8) STATEMENT OF AGENCY
WRITING BY PROPERTY OWNER.
Agent, Mark L. von Engeln
Asset Realty Advisors, Inc.
5 Belleview Dr.
Littleton, CO 80121
303-781-2608
303-783-0409 (FAX)
STATE OF COLORADO
fibtf li(dy. COUNTY OFU C!'3C'//
The foregoing agreement has been acknowledged before me
this day of OL' t - "I-- , 1996, by (Property Owner)
'7!S('ct ,4t Dg f✓I 2!mL e A/t tin MannnZ 7�iiYWty /Tr> •
(if by natural person or persons, insert name(s); if by
person acting representative or official capacity or as
attorney -in -fact, or other capacity or description; if by
officer of a corporation, insert name of such officer(s) as
the president or other officer of such corporation, naming
it). If acknowledgment is taken by a notary public, the
date of expiration of his seal shall also appear on the
certificate.
Property Owner and/or Lessee, COLORADO NATIONAL
PROMOTIONS. INC.) hereby appoints Asset Realty Advisors,
Inc. (hereinafter ARA) as Property Owner's representative
in connection with the valuations for assessment of
Property Owner's real and personal property which is
identified on property tax schedule number(s) 5712386 in
WELD County(s) of Colorado for the year(s) 1994. 1995.
1996. 1997 & 1998 taxes payable in 1995. 1996. 1997. 1998
& 1999 and shall have full authority to review all
applicable records relating to the valuation for assessment
of such property; to negotiate the valuation for assessment
of such property with the county assessor, with any
representative of the assessor's office, or with the
county, at an amount which ARA deems appropriate in the
circumstances; and to pursue any statutory remedies which
client may possess before the county assessor, County Board
of Equalization, Board of Assessbent Appeals, District
Court, Appellate Courts, or in binding arbitration in the
Property Owner's name and in Property Owner's behalf and to
hire and appoint an attorney of ARA's own choosing to
represent the Property owner at any time when, in ARA's
discretion an attorney is needed.
7
THIS- AGREEMENT SHALL REMAIN IN EFFECT UNTIL R •KED IN
Owner or O f'"cer
Colorado National !romotions
Inc.
7300 N. Broadway
Denver, CO 80221
303-456-7704
Witness my hand and official sea
My Commission expires g1IM?
ARA/CHESROWN/]005
MEMO
To: Weld County Board of Commissioners
From: Warren L. Lasell
Subject: Abatement petition for Colorado National (5712386)
Date: January 21, 1997
Attached for your information is an information sheet on Colorado National. I have asked the
County Attorney whether or not I can legally recommend to the Board that you increase the
value of which is subject of an abatement petition. On this property, a property we have erred on
the low side. If it is his opinion that I can, I shall recommend a new value at the hearing for this
petition.
COMPARABLE Si•..LE
249
FIN: 5712386
PARCEL #:
146711000006
ADDRESS:
PROJECT:
SALE DATE
SALE PRICE•
ADJ SALE PRICE:
GRANTOR:
GRANTEE:
YEAR 3LT:
BLrG SIZE:
CLASS:
CONSTRUCTION-QUAL:
WALL HEIGHT:
STORES:
BSMT SIZE:
LAND SIZE:
LAND VALUE:
REMARKS:
OCCUPANCY:
4281 CR 10
0
10/01/91
$1,350,000
THE SPEED"47AY
COLO NATILJAI
1966
5,663
D
AVG
10
0
3,441,240
395,00^
(7
RACE TRACK
DACONO
BOOK #:
RECEPTIIN #:
CORP
PROMOTION, INC
LAND/ -DG RATIO:
IMPS ?RICE/PSF:
SALT FRICF/PSF:
CASH °OWN:
_JOAN:
INTEREST RATE:
LOAN TFaM ('. 'RS):
9Ae) PO.LNTS "AID:
NEW
1313
2265066
607.13
$168.49
$238.18
$100,000
CARRY TERMS. R.S. $1,3-0,000 -I- P.P.
$200,000 = SP $1,550,000 AFTER SALE ADD
3497 SF 'FF:OE/CONSESSIGCIS E -DG, 2000 SEAT
BLLACHER AREA SOUTH CURVE, NEW TRACZ AREA
WITH BALANCE OF 3/8 BANKED OVAL TRACK RESURFACED.
SEATING CA?ACITY 9870; FRONT TRAI'.HTWAY 7500 &
REAR. 2370
7.50
13
0
07/06/1992 SALE CONFIRMED - VALID - SALE PRICE $1,550,000 INCLUDED
$200,000 PERSONAL PROPERTY PAID IN CASH AT CLOSING BY
SEPARATE DOCUMENT LEAVING REAL ESTATE AT $1,350,000.
ADDITIONS AFTER SALE:
3490 SF OFFICE/CONSESSIONS BLDG
2000 STEEL SEATS SOUTH END OF TRACK OVAL
WIDENING TRACK AREA & RESURFACING BALANCE OF
3/8 BANKED OVAL TRACK
IMPROVEMENTS TO SAFETY WALLS & FENCING.
10/16/1992 DACONO PERMIT #92002 1/23/92 CONSTRUCT OFFICE/CONSESSIONS
BLDG; MASSONARY BLOCK. FOUND BLDG WITH VARIOUS USES;
OFFICE, TICKET SALES, CONSESSIONS WITH COOLER AND FREEZER
STORAGE. ALSO FOUND 43 X 50 BLOCK BLDG FOR RESTROOMS
BUILT IN 1991 NOT PREVIOUSLY VALUED; NO PERMIT ISSUED BY
CITY OF DACONO
10/16/1992 TOTAL SEATING CAPACITY: 9870
FRONT STRAIGHT A WAY: 7500
REAR STRAIGHT A WAY: 2370
/6P -v
COLORADO
January 21, 1997
Colorado National Promotions, Inc.
c/o Asset Realty Advisors, Inc.
5 E. Belleview Drive
Littleton, CO 80121
RE: SCHEDULE NUMBER 5712386
Dear Property Owner
CLERIC TO THE BOARD
PHONE (970) 356-4000, EXT.4218
FAX: (970) 352-0242
P.O. BOX 758
GREELEY, COLORADO 80632
This is to advise you that the Weld County Board of Commissioners will hear your petition for
abatement or refund of taxes on the property described as: 4261 County Road 10, Weld County.
The meeting is scheduled for Monday, February 10, 1997, at 9:00 a.m., at which time you may
be heard. You are required to submit any supporting documentation regarding this petition to the
Office of the Clerk to the Board and to the Weld County Assessor's Office at least seven calendar
days prior to the meeting date in order for it to be considered at said meeting. The Assessor is
recommending that the Board deny your petition.
The meeting will be held in the First Floor Meeting Room, Weld County Centennial Center, 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.
Ada,
Donald D. Warden
Clerk to the Board
i2
By:t Deputy Clerk to the Boa
cc: Assessor - W. Lasell
County Attorney
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