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HomeMy WebLinkAbout951592.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 1995, WELD COUNTY, COLORADO PETITION OF: SAKATA LAND CO PO BOX 508 BRIGHTON, CO 80601 DESCRIPTION OF PROPERTY: PIN: R 6288886 PARCEL: 147131000040- 16007 ALL THAT PT NE4 31 1 66 E OF UPRR R/W EXC 3A M/L IN NE COR NE4 EXC UPRR RES %12897 WCR 2 1/2% WHEREAS, the Board of County Commissioners of Weld County, Colorado, organized 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 1995, 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 1995, 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: ORIGINAL ADJUSTED Land $ 12,165 $ 12,165 Improvements OR Personal Property 62.388 35.000 TOTAL ACTUAL VALUE $ 74,553 $ 47,165 951592 AS0032 pa : As , s�k� , �� RE: BOE - SAKATA LAND CO 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 3rd day of August, A.D., 1995. BOARD OF COUNTY COMMISSIONERS 1 n COUNTY, CO 0 D ATTEST:A BG �/;/i +t 7(rf /p ;,'! e K. Hall, Chairman Weld County Clerk to the Boa �.. FxCIJSFn t Barbara J. Kirkmeyer, Pro-Tem BY: Deputy Clerk and — FxCUSFn Ge a E. Baxter �'- APPROVED A T F RM: 1Q � Constance L. Harbert i f Cou Attorn \1 � / r i�" W. H. Webster 951592 AS0032 1995 BOARD OF EQUALIZATION WELD COUNTY, COLORADO _ 7. 1 ASSESSOR'S PIN NUMBER 6288886 CI STIPULATION (As to Tax Year 1995 Actual Value) RE PETITION OF NAME: SAKATA LAND CO ADDRESS: p 0 BOX 508 BRIGHTON COLORADO 80601 R f f ♦ ♦ f k f i 1 Petitioner(s), SAKATA LAND CO and the Weld County Assessor, hereby enter into this Stipulation regarding the tax year 1995 valuation of the subject property, and jointly move the Board of Equalization to enter its order based on this Stipulation. The Petitioner(s) and the Assessor agree and stipulate as follows: 1. The property subject to this Stipulation is described as: 16007 All that part NE4 31-1-66 E OF UPRR R/W EXC 3 A M/L IN NE COR NE4 EXC UPRR % 12897 WCR2.5 2. The subject property is classified as AGRICULTURAL property (what type). 3. The County Assessor originally assigned the following actual value on the subject property for tax year 1995 Land $ 12,165 Improvements $ 62,388 Total $ 74,553 4. After further review and negotiation, the Petitioner(s) and Weld County Assessor agree to the following tax year 1995 actual value for the subject property: Land $ 12,165 Improvements $ 35,000 Total $ 47,165 tax year 15. The valuations, as established above, shall be binding only with respect to 951592 6. Brief narrative as to why the reduction was made: lahnr Hpucing in vary pnnr rnnriitinn 7. Both parties agree that the hearing scheduled before the Board of Equalization on (date) at (time) be vacated; or, a hearing has not yet been scheduled befor the Board of Equalization (check if appropriate). DATED this 6th day of July 1995 Petitioner(s) or Attorney Petitioner(s) or Attorney Address: Address: Phelps and Associates 1790 East Bridge Street Brighton, Colorado 80601 Telephone: Telephone: 303-654-0100 ( L 2.L '2� % tilt / • /,� County Assessor • 1400 N 17th Avenue Greeley, CO 80631 (970) 353-3845, Extension 3650 0 CLERK TO THE BOARD PHONE (303) 356-4000 EXT.4218 FAX: ET 10TH STREET STREET P.O. BOX 758 GREELEY, COLORADO 80632 C. COLORADO July 10, 1995 Parcel No.: 147131000040 PIN No.: R 6288886 SAKATA LAND CO PO BOX 508 BRIGHTON, CO 80601 Dear Petitioner(s): The Weld County Board of Equalization has set a date of Thursday, July 27, 1995, at or about the hour of 10:30 A.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. You have a right to attend this hearing and present evidence in support of your petition. The Weld County Assessor will be present before the Board. The Board will make their decision on the basis of the record made at the aforementioned 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 10, 1995, and mailed to you on or before August 16, 1995. Because of the volume of cases before the Board of Equalization, all cases shall be limited to 15 minutes. 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. 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. SAKATA LAND CO - R 6288886 Page 2 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 /� p BY: `ti m beide D U..�1 `�1 GCDW Kimberlee A. Schuett, Deputy cc: Warren Lasell, Assessor PHELPS &ASSOCIATES I II. VI S�nR IX) Rlll h UI:. NO TI Cc OF ADJUST UENT <1RE Lrr CO ORvDO:Wt.:I PHONE 19,01,5 3-,X4S,EXT.:h5n 16007 ALL THAT PT NE4 31 1 66 E OF UPRR R/ti EXC 3A M/L IN NE COP NE4 EXC UPRR RES COLORADO 212897 WCR 2 1/2% 12897 2.5 CR WELD OWNER SAKATA LAND CO PHELPS E. ASSOCIATES PARCEL 147131000040 PIN R 6288886 C. VINCENT PHELPS 1790 E BRIDGE ST YEAR 1995 BRIGHTON CO 80631 LOG 01747 05/I6/1995 The appraised value of property is based on the appropriate consideration of the approaches to value required by law.The Assessor has determines that your property should be included in the following category(ies): RESIDENTIAL PROPERTY IS VALUED BY CONSIDERING THE MARKET APPROACH. AGRICULTURAL LAND VALUE IS DETERMINED SOLELY BY THE EARNING OR PRODUCTIVE CAPACITY OF THE LAND, CAPITALIZED AT A RATE SET BY LAW. 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: THE ACTUAL VALUATION OF YOUR PROPERTY HAS BEEN ADJUSTED BASED UPON MARKET SALES INFORMATION. PROPERTY CLASSIFICATION PETITIONER'S ASSESSOR'S VALUATION ESTIMATE ACTUAL VALUE ACTUAL VALUE • OF VALUE PRIOR TO REVIEW AFTER REVIEW LAND 12 ,165 12. 165 I MPS 73 ,986 62,388 TOTALS S S 86, 151 74,553 If you disagree with the Assessor's decision,you have the right to appeal to the County Board of Equalization for further consideration, 39-8-106(1)(a). C.R.S. Please see the back of this form for detailed information on filing your appeal. gy• WARREN L. LASELL 05/19/95 WELD COUNTY ASSESSOR DATE 51 S-0PT-AR - — ^^ - Anni-rinAI.Al I IU Crlr01Xfl . ^R1 nrnirr.nr nr�r Phelps and Associates Attorneys and Counselors at Law 1790 East Bridge Street Brighton, Colorado 80601 C. Vincent Phelps Telephone (303)654-0100 Michael A. Dolan Fax (303)654-1080 Frederic-J. Flemings III June 12, 1995 Weld County Board of Equalization 71 - 915 Tenth Street P.O. Box 758 Greeley, Colorado 80632 v Re : Protest of Assessor Evaluation Tax Area Code 2027, Schedule No. 147131000040 NOTICE OF APPEAL A. Enclosed please find the timely filed Notice of Appeal of the determination of the County Assessor to the Weld County Board of Equalization. B . The property value being appealed is the farm residence in the above referenced Tax Code area and Schedule Number located in the Northeast 1/4 of Section 31, Township 1 North, Range 66 West, lying East of the Union Pacific Railroad right-of-way, except three acres more or less in the Northeast corner of the Northeast 1/4 . C. The valuation placed on the property by the Assessor is $62 , 388 . 00 . D. The owner is unaware of the grounds upon which the Assessor relied to justify such a valuation. It is the owner' s understanding that the Assessor must use a market value approach, however, it is unknown whether the Assessor utilized a market value approach, and if so, what comparables were used by the Assessor to arrive at the determination in this case . E. Enclosed please find the Notice of Adjustment of the Weld County Assessor dated May 19, 1995 . F . The actual value of the property is $30, 000 . 00 to $35, 000 . 00 . dd /S Weld County Board of Equalization Re : Tax Area Code 2027, Schedule No. 147131000040 June 12, 1995 Page 2 G. The Assessor, in arriving at a fair market value for the improvements and the residence on the property has obviously included some value for the agricultural real estate surrounding and under the improvements . The value of the agricultural real estate has previously been set at $12, 165 . 00 . The additional valuation of the agricultural real estate under and adjacent to the improvements would result in double taxation. The value of the improvements alone, as they must be valued under the law, is approximately $30 , 000 . 00 . The improvements consist of a 40 to 50 year small, wood-frame residence for farm employees . The improvements are an integral part of the surrounding land and the total farm operation for Sakata Farms . Very truly our , / er��!� 'i t P ports CVP/ng cc : Sakata Farms Hello