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Home My WebLink About971479.tiffRESOLUTION RE: THE BOARD OF EQUALIZATION, 1997, WELD COUNTY, COLORADO - ADJUST VALUE IN PART PETITION OF: NORTH WELD PRODUCE CO P O BOX 399 GREELEY, CO 80632 DESCRIPTION OF PROPERTY: PIN: R2786486 PARCEL: 096105212002 - GR 4312 L1-2-12BLK1 CLAYTON 1ST & VACATED ALLEY BETWEEN 1-2-12 & S2 VACATED 2ND ST BETWEEN BLKS 1 & 5%205 9 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, said petitioner being represented by Dennis Hoshko, 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 supported, in part, the value placed upon the property by the petitioner. The assessment and valuation of the Weld County Assessor shall be, and hereby is, adjusted as follows: Land Improvements OR Personal Property ACTUAL VALUE AS DETERMINED ADJUSTED BY ASSESSOR ACTUAL VALUE $ 32,484 $ 21,656 55.000 55,000 TOTAL ACTUAL VALUE $ 87.484 $ 76,656 971479 AS0038 RE: BOE - NORTH WELD PRODUCE CO Page 2 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; however, said appeal must be filed within thirty (30) days of this resolution: 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. (Section 39-8-108(10), 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. (Section 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. (Section 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. 971479 AS0038 RE: BOE - NORTH WELD PRODUCE CO Page 3 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 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 24th day of July, A.D., 1997. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ATTEST: f ■ /►�/�J E.:axter, Chair Weld Cou BY. Deputy Clerk to a oard APPROVED AS TO FORM: Assiy Attorney Dale K. Hall EXCUSED Barbara J. Kirkmeyer Wthster 971479 AS0038 ‘ittat Win. COLORADO NOTICE OF DENIAL GR 4312 L1-2-12ELK1 CLAYTON 1ST E.', VACATED ALLEY BETWEEN 1-2-12 & VACATED 2ND 2ND ST BETWEEN ELKS 1 & 5%205 9 AV% OWNER: NORTH WELD PRODUCE CO NORTH WELD PRODUCE CO P 0 BOX 399 GREELEY, CO 80632 06/30/1997 rry T' LOG 640 PARCEL 096105212002 ACCOUNT R2786486 YEAR 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: YOUR PROPERTY HAS BEEN UNIFORMLY VALUED FOLLOWING COLORADO LAW AND INSTRUCTIONS PUBLISHED BY THE STATE DIVISION OF PROPERTY TAXATION. YOUR PROTEST OF VALUE HAS BEEN DENIED DUE TO COMPARISON OF OTHER SIMILAR PROPERTIES WHICH SOLD DURING THE 1995/1996 TIME PERIOD. THIS COMPARISON SHOWS YOUR ACTUAL PROPERTY VALUE TO BE CORRECT FOR THAT PERIOD. PROPERTY CLASSIFICATION PETITIONER'S ESTIMATE OF VALUE ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW LAND IMPS aQ'CCn 55,0C C 32484 55000 32484 55000 TOTALS $ 75 0O 0 $ avaa4 $ A7,0 f 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(I)(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 06/30/1997 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 @AA): 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 SPjCIFI DOLLAR AMOUN . Attach additional docum nts as necessary. L( (Lc, t;a � % e Q. %S¢ l - : X99--« 6--u Q cu c�a ,Ce&V-etirinte--4110,,ca. 4/0A y 5 act At i‘,164s, LAI S1jNA I UI(h OF Phil11U2,,anj - U%ia/ 92 AI C.B.O.E. HEARING DATE: JULY 24, 1997 TIME: 3:30 PM OWNER OF RECORD: NORTH WELD PRODUCE CO ADDRESS: 209 9 AVENUE GREELEY CO 80631 PIN #: R2786486 PARCEL #: 0961-05-2-12-002 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: 205 9 Avenue, Greeley, Colorado Improvement: Storage Warehouse Land Size: 43,312 square feet Zoning: I-1 Industrial Assessor's Value: 1997 Land Value: Imps Value: Total Value: $ 32,484 55,000 $ 87,484 Highest and Best Use: Present use as Storage Warehouse Size of Improvements: Warehouse facility Year of Construction: 1949 Effective Age: 35 years Remaining Economic Life: 5 years Estimated Land Value: $32,484 Estimate of Values: Cost Approach: Land Value: Improvement Value: Total Value Rounded: $ 32,484 58,137 $ 90,600 Sales Comparison Approach: $ 90,000 Income Approach: $ 101,600 Final Estimate of Value: $87,484 Date of Value: June 30, 1996 10,000 square feet PIN: 2786486 VACANT LAND SALES NAME: NORTH WELD PRODUCE COMP SALE NUMBER SUBJECT ADDRESS 205 9 AV USE SALE DATE SALE PRICE ADJ. SALE PRICE LAND VALUE BLDG. VALUE SIZE SF LAND PRICE/SQ. FT. YEAR BUILT GREELEY I-1 3 4 5 520 8 ST 32711 AV 113 6 AV 1299 N 17 AV 130 22 S GREELEY GREELEY GREELEY GREELEY GREELE 1-2 C-4 1-2 1-2 I- 10/30/95 12/23/94 02/08/96 01/17/96 04/24/93 46,000 95,000 57,000 70,872 95,000 46,000 95,000 57,000 70,872 95,000 0 0 0 0 43,312 20,125 38,000 112,200 141,744 103,534 2.29 2.50 0.51 0.50 0.92 EFFECTIVE YEAR ADJUSTMENTS: .SIZE LOCATION ZONING -2100 -8300 2200 9000 4000 -10000 -10000 0 -50000 -20000 NET ADJ TO ADJ SALE PRICE ADD BLDG VALUE NET ADJ TO SALE PRICE ADD SUBJECT LAND INDICATED VALUE INDICATED VALUE PSF INDICATED MARKET VALUE 43312 X 0.75= 32484 -12100 -38300 2200 9000 -46000 0 0 0 0 0 33900 56700 59200 79872 49000 0 0 0 0 0 33900 56700 59200 79872 49000 0.78 1.31 1.37 1.84 1.13 H SIR EI 24tH 0 27TH. rme'. Street Atlas U SALE 4 11299 N 17 AV !GREELEY 01/17/96 90,872 ",0.50 096 05212002 A ' 205 9 AV SUBJECT 0 SALE 2 2311 AV GREELEY 2/23/94 95,000",$2.50 Colorado M-ncal a ter 23Rd SIRE 24314 - SALE 113 6 AY GREELEY 2/8/96 57,000 ",0.51 M seu Colo do Field OT PA H ST R0 SALE 1 --- 520 8 ST GREELEY 10/30/95 46,000 ",2.29 SALE 130 22 ST GREELEY 4/24/93 ® ®195 000",5O 92 C CR E5 Comparable Land Sales SALE NO/ ADDRESS GRANTOR/ GRANTEE SALE DATE SALE PRICE ADJ SALE PRICE AREA SQ FT PRICE/ SQ FT ZONING SUBJECT 096105212002 NORTH WELD PRODUCE 43,312 I-1 1 096105414001 520 8 ST WINCO/ DAVIS 10/30/95 $46,000 $46,000 20,125 2.29 I-2 . 2 096106119011 327 11 AV MTM INVEST/ GR URBAN RENEWAL 12/23/94 $95,000 $95,000 38,000 2.50 C-4 3 09615216005 1136AV COMER/ MORRISON 02/08/96 $57,000 $57,000 112,200 0.51 I-2 4 08033 1000043 1299 N 17 AV WELD CO/ FLORIDA CIR TECH 01/17/96 $70,872 $70,872 141,744 0.50 I-2 5 096117113002 130 22 ST WARREN/ BRANCH 04/24/93 $95,000 $95,000 103,534 0.92 I-2 Land sale 1- This parcel located East of the Union Pacific Railroad on the South side of eighth Street was purchased to build a new building. This parcel gently slopes upward from the street to the rear of the site. All utilities were available to the site when purchases. The size of this parcel is smaller than the subject and in a better location which would require a downward adjustment for size and location. Land sale 2- This parcel is located south of the subject parcel along 11 Avenue. The topography of this site is level at street grade The buyer purchased this land to remove substandard apartments and allow for future construction . Adjusted this comparable downward for small size, better location and higher zoning. Land sale 3- This industrial land located on the West side of sixth Avenue is in the Cache La Poudre floodway. All utilities are available to the site. It was purchased to build a service garage for trucks. This parcel would require an upward adjustment for its larger size. Land sale 4- This parcel is located in the Weld County Business Park. It was purchased to build a new industrial building. All utilities were available to this property in the street. A larger size would a downward adjustment. Land sale 5- This parcel of land is located on the East side of Highway 85 bypass South of 22 Street. Because this parcel is larger an upward adjustment was made; and due to a better location a downward adjustment was made. Since all of the comparables, after adjustments, are in excess of $0.75 per square foot we feel this land is not over valued at $0.75 per square foot. Therefore the land value is $0.75 x 43,312 square feet = $32,484. VACANT LAND SALES 3 2.5 2 0.5 0 20,125 38,000 43,312 103,534 112,200 141,744 PARCEL SIZE Parcel Number . Property Owner . Address City, State, ZIP: Surveyed by Date of Survey . 096105212002 NORTH WELD PRODUCE 205 N 9 AVE GREELEY, CO, 80631 DWS 07/21/97 Occupancy: Warehouse, Storage Floor Area: 10,000 square feet Class: Masonry Cost rank: Low Cost as of: 4/96 Number of stories: 1.0 Average story height: 15.0 feet Effective age: 35 years Heating and Cooling: Space Heater 100% Other features: Units Cost Total Basic structure cost 10,000 18.92 189,200 Extras: COVERED DRIVE 574 O$8.00 Replacement Cost New 4,592 193,792 Less Depreciation: Physical and Functional Depreciated Cost <70.0%> <135,654> 58,137 Miscellaneous: Land Total 32,484 90,621 Rounded to nearest $100 90,600 Cost data by MARSHALL and SWIFT PIN: 2786486 COMPARATIVE SALES APPROACH NAME: NORTH WELD PRODUCE CO COMP SALE NUMBER SUBJECT ADDRESS 205 9 AV 2 3 4 721 11 ST 403 16 ST 6105AV AV 103 11 AV GREELEY USE WHSE GREELEY GREELEY GREELEY GREELEY WHSE WHSE WHSE WHSE SALE DATE 04/24/96 08/02/95 03/22/94 04/12/94 SALE PRICE 105,000 52,750 180,000 44,500 ADJ. SALE PRICE 105,000 52,750 180,000 44,500 LAND VALUE 32,484 BLDG. VALUE 55,000 33,250 16,640 20,625 8,370 71,750 36,110 159,375 36,130 SIZE SF 10,000 9,500 4,500 18,518 3,200 QUALITY CONSTRUCTION LOW BLDG PRICE/SQ. FT. LOW LOW LOW LOW 7.55 8.02 8.61 11.29 YEAR BUILT 1949 1950 1960 1965 1949 EFFECTIVE YEAR 1960 1950 1965 1965 1970 LAND/BLDG RATIO 4.33 ADJUSTMENTS: 1.00 3.7 1.49 3.49 BLDG.SIZE@8.00 BUILDING AGE/QUALITY 4000 44000 -68144 68000 -20000 -3000 -15000 -5200 NET ADJ TO ADJ SALE PRICE ADD BLDG VALUE NET ADJ TO SALE PRICE -16000 41000 -83144 62800 71750 36110 159375 36130 55750 77110 76231 98930 ADD SUBJECT LAND 32484 32484 32484 32484 INDICATED VALUE INDICATED VALUE PSF 88234 109594 108715 131414 8.82 10.96 10.87 13.14 INDICATED MARKET VALUE 10000 9.00 X = 90000 COMPARABLE SALE 394 96105336006 RETAIL PIN: 2827086 PARCEL #: PRIMARY OCCUPANCY: OFFICE SPACE % : 2nd OCCUPANCY: ADDRESS: PROJECT: SALE DATE: SALE PRICE: ADJ SALE PRICE: GRANTOR: GRANTEE: YEAR BLT: EFFECTIVE AGE: BLDG SIZE: CLASS: CONSTRUCTION-QUAL: WALL HEIGHT: STORIES: BSMT SIZE: LAND SIZE: LAND VALUE: REMARKS: 721 - 723 11 STREET 04/24/96 $105,000 UNION COLONY BANK, TRUSTEE PEDCO 1915 9,500 C AVG 24 1 9,500 19,000 GREELEY BOOK #: RECEPTION #: LAND/BLDG RATIO: IMPS PRICE/PSF SALE PRICE/PSF: CASH DOWN: LOAN: INTEREST RATE: LOAN TERM (YRS): POINTS PAID: BUILDING CONDITION POOR; NO WALL, CEILING OR FLOOR FINISH. NO INSULATION. SPACE HEAT WITH EVAP COOLING. RENT .82 GROSS, .66 NET OAR .0663. 1544 2487741 1.00 $9.05 $11.05 $50,000 NEW 7.0% 5 COMPARABLE SALE 326 PIN: 1020396 PARCEL #: 96108126016 PRIMARY OCCUPANCY: WHSE STOR OFFICE SPACE % : 2nd OCCUPANCY: ADDRESS: PROJECT: SALE DATE: SALE PRICE: ADJ SALE PRICE: GRANTOR: GRANTEE: YEAR BLT: EFFECTIVE AGE: BLDG SIZE: CLASS: CONSTRUCTION-QUAL: WALL HEIGHT: 10' & 14' STORIES: BSMT SIZE: LAND SIZE: LAND VALUE: REMARKS: 403 16 STREET (NORTH) GREELEY 08/02/95 $52,750 WILLIAM H. BLOSKAS FAMILY TRUST MARVIN MOSER 1960 1970 4,500 S LOW 1 16,640 $12,480 BOOK #: RECEPTION #: LAND/BLDG RATIO IMPS PRICE/PS SALE PRICE/PS CASH DOWN: LOAN: INTEREST RATE: LOAN TERM (YRS POINTS PAID: SUBJECT PROPERTY HAS TWO BLDGS; BLDG #1 - WHSE, CLASS S, 3,600 SF, 14' W H, SPACE HEAT. BLDG #2 QUONSET, 900 SF, 10' W H, NO HEAT. (ESTIMATED OAR 8.7%). 1505 2449850 3.70 $8.95 $11.72 $10,000 NEW 10.3% 5 COMPARABLE SALE 267 PIN: 2835186 PARCEL #: 96105407001 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: WHSE 610 5 AVE GREELEY 0 03/22/94 $180,000 BOOK #: RECEPTION #: 1432 2379653 GID GATES & RAY TIMBERS MICHAEL SHOLDERS/EDEN ENTERPRISES 1965 LAND/BLDG RATIO: 1.49 18,518 IMPS PRICE/PSF: $8.75 S SALE PRICE/PSF: $9.72 AVG CASH DOWN: $20,000 14 LOAN: NEW 1 INTEREST RATE: 8.0% 0 LOAN TERM (YRS): 5 27,500 POINTS PAID: 0 17,875 REMARKS: GRANTEE LEASES SUBJECT BACK TO COMPANY GRANTEE OWNS. COMPARABLE SALE 301 PIN: 2862386 PARCEL #: 96106109004 ADDRESS: PROJECT: SALE DATE: SALE PRICE: ADJ SALE PRICE: GRANTOR: GRANTEE: YEAR BLT: BLDG SIZE: CLASS: C CONSTRUCTION-QUAL: AVG WALL HEIGHT: STORIES: BSMT SIZE: LAND SIZE: LAND VALUE: OCCUPANCY: 103 11 AVE 0 04/12/94 $44,500 ALBRANDT/STOLL PEREZ, JOSE 1949 3,200 12 1 0 11,160 8,370 WHSE GREELEY BOOK #: RECEPTION #: LAND/BLDG RATIO: IMPS PRICE/PSF: SALE PRICE/PSF: CASH DOWN: LOAN: NEW INTEREST RATE: LOAN TERM (YRS): POINTS PAID: 1436 2383125 3.49 $11.29 $13.91 $14,500 REMARKS: GRANTEE PURCHASED WITH INTENT TO CONVERT TO A RESTAURANT. 9.3% 5 0 07/23/97 Parcel : Name: Prop Address: Bldg sq ft 10000 Tax rate Fractional rent subject not leased Avg rent psf Subject rents PROFORMA INCOME WORKSHEET 0961-05-2-12-002 North Weld Produce 205 9 Av Greeley, Co Use whse mill rate 0.095786 units 1 fir rate psf 10000 Less vacancy & expense vacancy 10% expenses 20% Net income No of Units 1 Effective assm't rate tax rate 0.29 0.0278 Annual rent/month size/bay rent psf Annual rent psf $2.00 $1.40 Net Income/overall cap rate=Property value Cap rate + eff tax rate Annual gross Income 20000 2,000 4,000 14,000 Property Value value per sq ft 0.11 0.0278 0.138 $101,597 10.16 Owner expenses: taxes, insurance & exterior maintenance Comparable rentals AA transmission HR Catherwood Comer bldg 7 Corner bldg 4 Use ser gar whse whse whse Bldg Address size 207 N 11 Av 1,800 124E 4 St Rd 12,000 115 6 Av 13,000 121 6 Av 13,176 Gross Net Year income income const'd per sq ft per sq ft 1937 $2.83 $1.98 1978 $2.50 1992 $2.01 $1.41 1977 $2.20 $1.54 July 16, 1997 CLERK TO THE BOARD PHONE (970) 356-4000 EXT.4225 FAX: (970) 352-0242 915 10TH STREET P.O. BOX 758 GREELEY, COLORADO 80632 Parcel No.: 096105212002 PIN No.: R2786486 NORTH WELD PRODUCE CO P O BOX 399 GREELEY, CO 80632 Dear Petitioner(s): The Weld County Board of Equalization has set a date of Thursday, July 24, 1997, at or about the hour of 3:30 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. NORTH WELD PRODUCE CO - R2786486 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