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Home My WebLink About971617.tiffRESOLUTION RE: THE BOARD OF EQUALIZATION, 1997, WELD COUNTY, COLORADO - STIPULATE VALUE PETITION OF: BANGHART ARNOLD W (1/2 INT) & 400 31 AVE GREELEY, CO 80631 DESCRIPTION OF PROPERTY: PIN: R1286586 PARCEL: 080331401005 - GR 4020 S183' L1 ALL L2 BLK178 ALSO VAC PORTION OF PARK PLACE ADJ TO EXC E10' DEEDED TO CITY OF GREELEY BK1264 REC 2214238 5/17/90 %615 N 11TH AV% WHEREAS, the Board of County Commissioners of Weld County, Colorado, convened 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 1997, 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 1997, claiming that the property described in such petition was assessed too high, as more specifically stated in said petition, and WHEREAS, in lieu of the hearing scheduled before the Board of Equalization, a Stipulation was agreed upon by the Assessor and said petitioner(s), and WHEREAS, the petitioner(s) and the Weld County Assessor agree that the assessment and valuation of the Weld County Assessor shall be, and hereby is, stipulated as follows: Land Improvements OR Personal Property TOTAL ACTUAL VALUE ACTUAL VALUE AS DETERMINED BY ASSESSOR $ 121,097 ACTUAL VALUE AS STIPULATED $ 100,000 43,003 20.000 $ 164.100 $ 120,000 971617 AS0038 RE: BOE - BANGHART ARNOLD W (1/2 INT) & Page 2 WHEREAS, said Stipulation shall resolve all issues to have been determined by the Weld County Board of Equalization. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, acting as the Board of Equalization, that the Stipulation agreed to by the Weld County Assessor and the above -named petitioner(s) be, and hereby is, accepted by the Board. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 5th day of August, A.D., 1997. APPROVED AS TO FORM: i Attorney a AA 0 ,, BOARD OF COUNTY COMMISSIONERS WELD UNTY, COLTADO GeorgeBaxter, Chair s..." -e ," stance Harbert ProPro 971617 AS0038 1997 COUNTY BOARD OF EQUALIZATION WELD COUNTY ASSESSOR'S ACCOUNT NUMBER R 1286586 STIPULATION (As To Tax Year 1997 Actual Value) RE PETITION OF NAME: $ N ART ARNO D W LINDA ADDRESS: 400 31 AV GREELEY, CO 80631 Petitioner(s), AANOLD W & LINDA and the Weld County Assessor, hereby enter into this Stipulation regarding the tax year 1997 valuation of the subject property, and jointly move that the Board of Equalization to enter its order based on this Stipulation. Petitioner(s) and the Assessor agree and stipulate as follows: 1. The property subject to this Stipulation is described as: Li ALLL2 BLK 178 ALSO VAC PORTION OF PARK PLACE ADJ TO RXC E 10' DEEDED TO CTTY OF GREELEY AKA 615 N 11 AV CRERTFY 2. The subject property is classified as COMMERCIAL AUTO ,SALVAGE YARD property (what type). 3. The County Assessor originally assigned the following actual value to the subject property for tax year 1997: Land Improvements Total $ 121,097 $ 43.003 $ 164,100 4. After further review and negotiation, the petitioner(s) and Weld County Assessor agree to the following tax year 1997 971617 actual value for the subject property. Land $ 100,000 Improvements $ 20,000 Total $ 120.000 5. The valuations, as established above, shall be binding only with respect to tax year 1997 . 6. Brief narrative as to why the reduction was made: ADJUSTED BASED ON WEST FOSTER APPRASIAL OF MAY 31, 1995 AND ASSESSOR MARKET STUDY 7. Both parties agree that the hearing scheduled before the Board of Equalization on TUESDAY AUGUST 5. J997 (date) at 8:30A.M. (time) be vacated; or, a hearing has not yet been scheduled before the Board of Equalization appropriate). DATED this 23RD Petitioner(s) Attorney Addre coo Teleph�o e: (check day of JULY , 1997. t ioner(s) or Att y if Ards() ,/n� $o63j Telephone . s- ---64---007 zadr�r - c///'C/,fra. County Asse sor /J Address: 1400 North 17th Avenue Greeley, CO 80631 Telephone:(303)353-3845 ext. 3656 COLORADO NOTICE OF DENIAL GE 4020 5183' L1 ALL L2 BLK178 ALSO VAC PORTION OF PARK PLACE ADJ TO EXC E10' DEEDED TO CITY OF GREELEY BK1264 REC 2214238 5/17/90 %615 N 11TH AV% OWNER: BANGHART ARNOLD W (1/2 INT) & BANGHART ARNOLD W (1/2 INT) & 400 31 AVE GREELEY, CO 80631 07/08/1997 LOG PARCEL ACCOUNT YEAR 2038 080331401005 R1286586 1997 OFFICE OF COUNTY ASSESSOR 1400 NORTH 17th AVE. GREELEY, CO 80631 PHONE (970) 353-3845, EXT. 3650 The appraisal 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): 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 determined the valuation(s) assigned to your property. The reasons for this defemination of value are: NO CHANGE HAS BEEN MADE TO THE ACTUAL VALUATION OF THIS PROPERTY. COLORADO LAW REQUIRES US TO SEND THIS NOTICE OF DENIAL FOR ALL PROPERTIES ON WHICH WE DO NOT ADJUST THE VALUE. PROPERTY CLASSIFICATION PETITIONER'S ESTIMATE OF VALUE ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW LAND IMPS 121097 43003 121097 43003 TOTALS $ $ $ 1 r_ — 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- 06(1)(a), C.R.S. Please see the back of this form for detailed information on filing your appeal. By: 15-DPT-AR Form PR -207-87/94 WARREN L. LASELL WELD COUNTY ASSESSOR n7/nH/1997 DATE ADDITIONAL INFORMATION ON REVERSE SIDE YOU HAVE THE RIGHT TO APPEAL THE ASSESSOR'S DECISION The County Board of Equalization will sit to hear appeals beginning July 1 and continuing through August 5 for real property (land and buildings) and personal property (furnishings, machinery, and equipment) 39-8-104 and 39-8- 107(2), C.R.S. APPEAL PROCEDURES: If you choose to appeal the Assessor's decision you must appeal to the County Board of Equalization. To preserve your right to appeal, your appeal must be POSTMARKED OR DELIVERED ON OR BEFORE JULY 15 FOR REAL PROPERTY, AND JULY 21 FOR PERSONAL PROPERTY. WELD COUNTY BOARD OF EQUALIZATION 915 10th Street, P.O. Box 758 Greeley, Colorado 80632 Telephone (970)356-4000 Ext. 4225 NOTIFICATION OF HEARING: You will be notified of the time and place set for the hearing of your appeal. COUNTY BOARD OF EQUALIZATION'S DETERMINATION: The County Board of Equalization must make a decision on your appeal and mail you a determination within five business days. The County Board must conclude their hearings by August 5. TAXPAYER RIGHTS FOR FURTHER APPEALS: If you are not satisfied with the County Board of Equalization's decision you must file within thirty days of the County Board of Equalization's written decision with ONE of the following: Board of Assessment Appeals (BAA): Contact the BAA at 1313 Sherman, Room 315, Denver, Colorado 80203, (303)866-5880. District Court: 9th Avenue and 9th Street, P.O. Box C Greeley, Colorado 80632 Telephone (970) 356-4000, Ext. 4520 Arbitration: WELD COUNTY BOARD OF EQUALIZATION 915 10th Street, P.O. Box 758 Greeley, Colorado 80632 Telephone (970) 356-4000, Ext. 4225 If you do not receive a determination from the County Board of Equalization, you must file an appeal with the Board of Assessment Appeals by September 11. TO PRESERVE YOUR APPEAL RIGHTS, YOU MUST PROVE YOU HAVE FILED A TIMELY APPEAL; THEREFORE, WE RECOMMEND ALL CORRESPONDENCE BE MAILED WITH PROOF OF MAILING. PETITION TO THE COUNTY BOARD OF EQUALIZATION In the space below, please explain why you disagree with the Assessor's valuation. IN ACCORDANCE WITH 39- 8-106(1.5), C.R.S., YOU MUST STATE YOUR OPINION OF VALUE IN TERMS OF A SPECIFIC DOLLAR AMOUNT. Attach additional documents as necessary. SI(,NA 1 URE OF PE I I I IONER DA f-.:-,! • i..e'17 f4."1 tttr j June };), 1•',:)•! Arnold :.. ;;.-il, hart 1) fit !1 ,tit t.•) .,ial vale it:tdialnr Service, t, l: P. LW) th Ave. Greeley, Colo. :41':):31. to rt:H)W It May Concern; lV;' s•'.I1 l written ;li,l,(:aal to the ..eld County Assessors 1,111 i i r'(` •:rnci'a,<;i-ntwo (2) appraisals by wes Fos:''r for: the City at t;re:' 1: t' x ee.l, it 0::03314U1005 Account a Itt,'805. i'e titter' i.b: ;1 a 1:i1'int' C•tl I f r(tra David Sc•hr.l Imeyt'r. (spy!) i.n t of (he ;,::s!•.::,t r; of I .i c (' on 6-I-47, :,nd Mr` we r' told he had r(nill .• r red with I..�t'll.•I.;.l of 4 hr, ei ty of I:r:',• l ir; , and we had rack: :ii: oiler t) .n�?;j•1�!1.1 ,.;'() tor the l.l(i41rt.y :lilt): 1t1,t1ilfl.tl,t for the I.5u';i:l ''•'._ t� l.! u Iho l,r:el'•:'x•t.y should be valued at that. t1t^, rt'. ('Vt\ ti':i••!Ii t4.:l;.iii :1t the, tit'te , ]nit llns since Ewen (ioppe;I. .4e f;•: 1 tits` rC'11rlty 1t d no I)nsiness conforrinl with ill('ity. llti C is betwn the prof.:•1' ly owners, 7i d the s .±:;•I; and it I c' '.1': like a conspiracy to raise Oily l a'4.s so hi .J1 1':'' will tot'! to rc.H I to the city for the counties use of Island ::r o v. Fern for a low dol ler. :.IV II:It. ;re had ;1I;rood with the City ;14 t:reel''y to '.'t two :'l'•j,ra.i,sal5 and let 1 '�� an arbitrator t ra t:)r c.ttrt• i:l : the '::I l tot' t)4 t.11: ])ro;,.?r. v — this was Ili, i dolt !,;o !he :o'i t 1••r. 1.",rsl sai,j above 1.s incorrect. 8esid'r as you and I know: a sk i•t;; al t'r'ice I or somet.Ilin does not naI:f`its v iiue lltil: :' you II :( ('+'I.IYJ t(1 al Cl05.1tl : on (I1+,' fl<.'.l.. 11 :'3I1 ()1:11••:1 a 1)tl.sl t;'" and you liiioll;;ilt it t;;t :: worth and t. • I ail(' :,long ;tad Ut 4''red you 45tlli,(1'1,1.!!gi, :r:.,1 the11 1":' j•;'t ; t4 r:+ti •.•!..).a' t..• c:.lt)a`d :4"' your pr overly I •Iw i • • "•$'1 ', , II.<. ( h.' ; tCi% or Iitti r..;I.1. C'':} I (...1•'I'I;: )I) j.':!F:I::: r(Yl: ,li,i'- 4 i I 1:14.'. t- .•hI • •-,I.l,t'! t•iv• V li! r)i - Ili-. ]ti'n:••'1. 1 r, •all ) II;j It•1 t t: • I'i;. ..:,i. . •!I' are I'.[.ii! lorced into .1 :*.J1 inv3I incEnd In i'1:.:'.rty; attorney f -r.., i•1ovittr• i''..ow:.'S loss of '•ii a" :.,'1' ; 11 h'7 rdr..I I I , lvl, and IIIlr1f`1•+'11': other •rt :,tla 1''.111 • I ill!') i%)., i1.' ,n; iQtl ](t:t l.r:t • lii,.• city UI cdre-•1cy made an outright purchase of the Keci a:in. Shoo Store I 10lb St. Mid 23rd. Ave. for $35.00 a snare foot, Did that raise the neiLchborin; property to that value? lw.' donhL it. Yes c:c at;rec we are due for a tax increase, hit an incrcgsc of 3,3 limes is absurd, toe very much resent the fact ill County went to the City UI Greeley on this matter, .Again we Will. state The City of dreeley dropped the emient domain process as of 5-20-97, Enclosed you will find copies of the two appraisals by 'es roster, clank you for your attemtiot in this maiLer, Sincer�Ly, druold t Lnr. tusu ros cc; Ylarren L. Lasell County Board of 1Ht al. iza lion plume 333_.1132 SUMMARY OF SALIENT FACTS AND CONCLUSIONS Property Description: Location: Property Rights Appraised: Owner of Record: Land Area: Improvement Data: Zoning: Highest and Best Use: Date of Value: Date of Report: Land Value Estimate: Estimate of Market Value: Special Considerations: Automobile Salvage Yard 615 North 11th Avenue, Greeley, Colorado Unencumbered fee simple estate Alma-Bm.ghart (undivided �lA iirtetest) and at -14 Arnold W. Banghart (undivided �h interest) 258,810 square feet, or 5.94 acres Five separate, one-story building improvements are situated on the subject site and are described as follows: Service Garage 1 504 sq. ft. Saw/Tool Shop 420 sq. ft. Utility/Storage Building 1,936 sq. ft. Quonset Building 636 sq. ft. Wood Frame Building 923 sq. ft. 1-2 (Medium Industrial) and CD (Conservation District) As improved April 13, 1994 April 14, 1994 $39,000 $78,000 There is a mobile home located in the south central part of the subject property that is considered to be personal property and is not being valued. Additionally, the recorded legal description is in conflict with the location of the chain link fence in the southwestern part of the site. FOSTER VALUATION COMPANY -1- SUMMARY OF SALIENT FACTS AND CONCLUSIONS r N ✓ r p N M Property Description: Location: Property Rights Appraised: Owner of Record: Land Area: Improvement Data: Zoning: Highest and Best Use: Date of Value: Date of Report: Estimated Land Value: Estimate of Market Value: Special Considerations: Automobile Salvage Yard 615 North 11th Avenue, Greeley, Colorado Fee simple estate Arnold W. Banghart (undivided 1/2 interest) 258,810 square feet, or 5.94 acres Five separate, one-story building improvements are situated on the subject site and are described as follows: Service Garage 1,504 sq. ft. Saw/Tool Shop 420 sq. ft. Utility/Storage Building 1,936 sq. El. Quonset Building 636 sq. ft. Wood Frame Building 923 sq. tt. I-2 (Medium Industrial) and CD (Conservation District) As improved May 31, 1995 May 31, 1995 $52,000 $90,000 There is a mobile home located in the south central part of the subject property, which is considered to be personal property and is not being valued. Additionally, the recorded legal description is in conflict with the location of the chain link fence in the southwestern part of the site. FOSTER VALUATION COMPANY - I - C.B.O.E. HEARING DATE: JULY 17, 1997 TIME: 1:30 P M OWNER OF RECORD: ARNOLD W BANGHART ADDRESS: 615 N 11 AVENUE GREELEY CO 80631 PIN #: R1286586 PARCEL #: 0803-31-4-01-005 APPRAISAL DATE AS OF: JUNE 30, 1996 SUMMARY OF SALIENT FACTS AND CONCLUSIONS Purpose of the Appraisal: Estimate market value on June 30,1996 Property Rights Appraised: Unencumbered fee simple interest Property Address: 615 North 11 Avenue, Greeley, Colorado Improvement: Auto Salvage Yard Land Size: 242,193 square feet Zoning: I-2 Medium Industrial Assessor's Value: 1997 Land Value: $ 121,097 Imps Value: 43,003 Total Value: $ 164,100 Highest and Best Use: Present use as Auto Salvage Yard Size of Improvements: Warehouse facility 1,920 square feet Utility Shed (saw shop) 400 square feet Utility Shed (ser gar) Total Year of Construction: 1990 and 1960 Effective Age: 7 years Remaining Economic Life: 28 years Estimated Land Value: $121,097 Estimate of Values: Cost Approach: Land Value: Improvement Value: Total Value Rounded: $ 121,097 50,391 $ 171,000 Sales Comparison Approach: $ 164,225 Income Approach: N/A Final Estimate of Value: $164,100 Date of Value: June 30, 1996 1.438 3,758 90 By Junction 080331401005 SUBJECT 080332300003 801 NB AV -'. GREELEY 10/19/95 350,000NO 52 C T 9T TN 96105216005 113 6 AV GREELEY 2/8/96 57,000',80.51 096108111001 0 112 13 ST GREELEY Su .B. 11/11/94 • \_ 142,000',892 096117113002 130 22 ST GREELEY 04/24/93 95000 ',S 92 Comparable Land Sales SALE NO/ ADDRESS GRANTOR/ GRANTEE SALE DATE SALE PRICE ADJ SALE PRICE AREA SQ FT PRICE/ SQ FT ZONING SUBJECT 080331401005 BANGHART 242,193 I-2 1 080332300003 801N8AV ELLS/ MONFORT 10/19/95 $350,000 $350,000 677,004 0.52 I-1 2 096105216005 1136AV COMER/ MORRISON 02/08/96 $57,000 $57,000 112,200 0.51 I-1 3 096108111001 112 13 ST TIEDGEN/ H -M PARTNERS 11/11/94 $142,000 $142,000 154,400 0.92 I-2 4 096117113002 130 22 ST WARREN/ BRANCH 04/24/93 $95,000 $95,000 103,534 0.92 1-2 Land sale 1 This parcel, located down stream 3/4 mile east of the subject parcel, is also adjacent to the Cache La Poudre river. The land was purchased to build a parking lot for Monfort Packing employees. Monfort packing is directly east across the US Highway 85. The size of this parcel is almost 3 times larger than the subject which would require an upward adjustment for size. Land sale 2 This parcel is located southeast of the subject parcel and is downstream on the Cache La Poudre river. Buyer purchased this industrial land to build a new building. Due to a poorer location this sale would require an upward adjustment. Land sale 3 This parcel of land is located along US Highway 85 bypass and was purchased to build a new truck dealership for Colorado Kenworth. This parcel would require a downward adjustment for a better location. Land sale 4 This parcel is also located along US Highway 85 bypass. It was purchased to operate a landscape business. Location would also be a downward adjustment. Since all of the comparables, without adjustments, are in excess of $0.50 per square foot or $21,780 per acre we feel this land is not over valued. Therefore the land value is $0.50 x 242,194 square feet = $121,097. Parcel Number Property Owner . Address City, State, ZIP: Surveyed by Date of Survey . 080331401005 ARNOLD & LINDA BANGHART 615 N 11 AVE GREELEY, CO DWS 07/15/97 Occupancy: Warehouse, Storage Floor Area: 1,920 square feet Class: Frame Cost rank: Low Cost as of: 4/96 Number of stories: 1.0 Average story height: 12.0 feet Effective age: 7 years Heating and Cooling: Space Heater 100% Other features: Units Cost Total Basic structure cost 1,920 18.11 34,771 Extras: UTILITY SHED/400 SF X $6.25 UTILITY SHED/1438 SF X $6.25 SHED / 110 SQ FT X $8.35 CARPORT/400 SF X $5.00 CHAIN LINK FENCE/1600 LFX 4.25 Subtotal Replacement Cost New 2,500 9,000 919 2,000 6,800 21,219 55,990 Less Depreciation: Physical and Functional Depreciated Cost <10.0%> c5,599> 50,391 Miscellaneous: Land Total 121,097 171,488 Rounded to nearest $1,000 171,000 Cost data by MARSHALL and SWIFT PIN: 1286586 COMPARATIVE SALES APPROACH NAME: ARNOLD BANGHART COMP SALE NUMBER SUBJECT ADDRESS 615N 11 AV 1 2 3 4 227 18 ST 327 8 AV 425 11 AV 403 16 ST GREELEY GREELEY GREELEY GREELEY GREELEY USE SER GAR SER GAR SER GAR WHSE WHSE SALE DATE 01/24/94 08/24/95 12/23/94 08/02/95 SALE PRICE 72,000 47,000 24,000 52,750 ADJ. SALE PRICE LAND VALUE BLDG. VALUE SIZE SF QUALITY CONSTRUCTION BLDG PRICE/SQ. FT. YEAR BUILT EFFECTIVE YEAR LAND/BLDG RATIO 72,000 44,600 24,000 52,750 11,274 24,063 27,000 11,473 12,480 43,003 47,937 17,600 12,527 40,270 3,758 3,116 2,480 1,640 4,500 LOW 1960/1990 1970 6.00 LOW LOW LOW LOW 15.38 7.10 7.64 8.95 1950 1964 1940/1977 1960/1970 1972 1964 1960 1960 6.18 5.44 6.99 3.7 ADJUSTMENTS: BLOG.SIZE@10.00 BUILDING AGE/QUALITY 6420 12780 21180 -7420 -11000 110000 15000 20000 EXCESS LAND 109823 102347 102347 102347 NET ADJ TO ADJ SALE PRICE 105243 125127 138527 114927 ADD BLDG VALUE 47937 17600 12527 40270 NET ADJ TO SALE PRICE ADD SUBJECT LAND 153180 142727 151054 155197 11274 11274 11274 11274 INDICATED VALUE INDICATED VALUE PSF 164454 154001 162328 166471 43.76 40.98 43.20 44.30 INDICATED MARKET VALUE 3758 X $43.70= 164225 COMPARABLE SALE 242 PARCEL #: 096108402016 PIN: 3312386 ADDRESS: PROJECT: SALE DATE: SALE PRICE: ADJ SALE PRICE: GRANTOR: GRANTEE: YEAR BLT: BLDG SIZE: CLASS: CONSTRUCTION-QUAL: WALL HEIGHT: STORIES: BSMT SIZE: LAND SIZE: LAND VALUE: REMARKS: OCCUPANCY: 227 18 ST 0 01/24/94 $72,000 KOENIG, JAMES WOLFE, EDWARD 1950 3,116 C & D AVG 8' & 10' 1 0 19,250 24,063 D SEP GAR GREELEY BOOK #: RECEPTION #: GERALDINE LAND/BLDG RATIO: IMPS PRICE/PSF: SALE PRICE/PSF: CASH DOWN: LOAN: INTEREST RATE: LOAN TERM (YRS): POINTS PAID: 1424 237072.1 6.18 $15.38 $23.11 $72,000 0 0.0% 0 0 BLDG 1-SERV GAR, CLASS D, 10' WH, 900 SF BLDG 2-SERV GAR, CLASS C, 8' WH, 924 SF BLDG 3 -OFFICE, CLASS D, 8' WH, 858 SF BLDG 4 -OPEN POLE SHED, CLASS D, 8' WH, 434 SF COMPARABLE SALE 298 PIN: 2794886 PARCEL #: 96105223023 ADDRESS: PROJECT: SALE DATE: SALE PRICE: ADJ SALE PRICE: GRANTOR: GRANTEE: YEAR BLT: BLDG SIZE: CLASS: CONSTRUCTION-QUAL: WALL HEIGHT: STORIES: BSMT SIZE: LAND SIZE: LAND VALUE: OCCUPANCY: SER GAR 327 8 AVE GREELEY 0 08/24/95 $47,000 $44,600 PETERSEN LARRY DURRANT M & OVERHOLT D 1964 LAND/BLDG RATIO: 2,480 IMPS PRICE/PSF: C SALE PRICE/PSF: LOW CASH DOWN: 12 LOAN: 1 INTEREST RATE: 0 LOAN TERM (YRS): 13,500 POINTS PAID: 27,000 BOOK #: RECEPTION #: 1508 2452831 5.44 $7.10 $17.98 $47,000 0 0.0% 0 0 REMARKS: ADJ SP 47,000 - 695 SF LEAN-TO = 44,600. ROOF LEAKS, NEEDS PAINT & REPAIR $10,000. BUYER OWNS ADJACENT PROPERTY. COMPARABLE SALE 171 PIN: 2884286 PARCEL #: 96106122020 OCCUPANCY: ADDRESS: 425 11 AVE PROJECT: SALE DATE: 12/23/94 SALE PRICE: $24,000 ADJ SALE PRICE: GRANTOR: RON L HENDERSON GRANTEE: MATILDE SANTILLAN YEAR BLT: 1940/1977 BLDG SIZE: 1,640 CLASS: C&D CONSTRUCTION-QUAL: LOW WALL HEIGHT: STORIES: BSMT SIZE: LAND SIZE: 11,460 LAND VALUE: 11,473 0 8 1 0 WHSE/STOR GREELEY BOOK #: RECEPTION #: LAND/BLDG RATIO: IMPS PRICE/PSF: SALE PRICE/PSF: CASH DOWN: LOAN: NEW INTEREST RATE: LOAN TERM (YRS): POINTS PAID: 1473 2420795 6.99 $7.64 $14.63 $10,000 REMARKS: SUBJECT LACKS NORMAL MAINTENANCE. SUBJECT DOES NOT HAVE WATER OR SEWER TAP AND NO HEAT. 9.5% 3 0 COMPARABLE SALE 171 PIN: 2884286 PARCEL #: 96106122020 ADDRESS: PROJECT: SALE DATE: SALE PRICE: ADJ SALE PRICE: GRANTOR: RON L HENDERSON GRANTEE: MATILDE SANTILLAN YEAR BLT: 1940/1977 BLDG SIZE: 1,640 CLASS: C&D CONSTRUCTION-QUAL: LOW WALL HEIGHT: 8 STORIES: BSMT SIZE: LAND SIZE: LAND VALUE: OCCUPANCY: 425 11 AVE 0 12/23/94 $24,000 1 0 11,460 11,473 WHSE/STOR GREELEY BOOK #: RECEPTION #: LAND/BLDG RATIO: IMPS PRICE/PSF: SALE PRICE/PSF: CASH DOWN: LOAN: INTEREST RATE: LOAN TERM (YRS): POINTS PAID: 1473 2420795 6.99 $7.64 $14.63 $10,000 NEW 9.50 3 REMARKS: SUBJECT LACKS NORMAL MAINTENANCE. SUBJECT DOES NOT HAVE WATER OR SEWER TAP AND NO HEAT. 0 Condemnation proceedings begin on salvage lot GIs By CINDY BROVSKY Tribune Staff Writer The city of Greeley will start condem- nation proceedings on property near Island Grove Park, City Manager Paul Grattet said Tuesday. The city has been negotiating with the owners of D&D Salvage, Linda and Arnold Banghart, since early this year. The city wants to purchase their six acres, including a home, for improvements to the north - Greeley park. The couple hired attorney John Donley after they believed the city wasn't negoti- ating in good faith. In February, the city told ;the couple they had until May 1 to ntoye their business from 615 N. 11th Ave. The family has operated the salvage business for 31 years. Donley agreed with city officials there was no movement in the negotiations and the issue should be settled in court. The city's offer in February was $100,000 for the property. "A good effort was made by staff and the Bangharts' attorney, but we are too far apart," Grattet told the City Council. "We need to have the courts determine the value of the property," he said. The city wants to use the property to build a parking lot and expansion of the park. The area also will be the trailhead for the Poudre River Trail. The city has dealt with other property is- sues this year that avoided condemnation proceedings. Property was purchased along 14th Av- enue to widen the road. A building down- town, also used as a home, was purchased by the city and 'recently demolished for parking. icttre Wilk COLORADO. July 9, 1997 BANGHART ARNOLD W (1/2 INT) & 400 31 AVE GREELEY, CO 80631 Dear Petitioner(s): CLERK TO THE BOARD PHONE (970) 356-4000 EXT.4218 FAX: (970) 352-0242 915 10TH STREET P.O. BOX 758 GREELEY, COLORADO 80632 Parcel No.: 080331401005 PIN No.: R1286586 The Weld County Board of Equalization has set a date of Thursday, July 17, 1997, 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. A number of hearings have been scheduled at this time; peitioners will be asked to sign in with the Clerk upon arrival, and cases will be heard on a first come / first heard basis. You have a right to attend this hearing and present evidence to the Board in support of your petition. The Weld County Assessor or his representative will be present. The Board will make its decision on the basis of the record made at said 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 5, 1997, and mailed to you on or before August 10, 1997. Because of the volume of cases before the Board of Equalization, all cases shall be limited to 15 minutes, of which you will be allowed 10 minutes for your presentation. 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. BANGHART ARNOLD W (1/2 INT) & - R1286586 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 Donald D. Warden, Clerk to the Board BY: Carol A. Harding Deputy Clerk to the Board cc: Warren Lasell, Assessor Hello