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Home My WebLink About20241214.tiffRESOLUTION RE: APPROVE, IN -PART, PETITION FOR ABATEMENT OR REFUND OF TAXES FOR ACCOUNT NUMBER R3725405 - VIVID HOLDINGS, LLC WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board of County Commissioners of Weld County, State of Colorado, were presented with a Petition for Abatement or Refund of Taxes for Account Number R3725405 at a duly and lawfully called regular meeting held on the 15th day of May, 2024, at which meeting there were present the following members: Chair Kevin D. Ross, and Commissioners Perry L. Buck, Scott K. James, and Lori Saine, with Commissioner Mike Freeman not being present, and WHEREAS, notice of such meeting and an opportunity to be present has been given to the taxpayer and the Assessor of said County, with said Assessor, Brenda Dones, being present, and taxpayer, Vivid Holdings, LLC, being represented by DYCO Diversified, Inc., not being present, and WHEREAS, the Board of County Commissioners has carefully considered the attached petition and is fully advised in relation thereto. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Board concurs with the recommendation of the Assessor and the petition be, and hereby is, approved, in -part, and an abatement or refund be allowed as follows: CORRECTION ABATEMENT TAX TO ASSESSED OR REFUND YEAR VALUATION $1,088,100.00 $39,155.87 2023 rpyi 1 IpLRe ' cam. fr R (6ni -)Ml T7K 13K) LA CKk) 2024-1214 1 2?11 � AS0117 TAX ABATEMENT PETITION - VIVID HOLDINGS, LLC PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 15th day of May, A.D., 2024. BOARD OF COUNTY COMMISSIONERS WELD COUNTY ATTEST: �.�.`./�..� K �C— ,ll7.a oss Chair Weld County Clerk to the Board BYL2ft1(/I{ , / Perry L. Bu , Pro -Tern Deputy Clerk to the Board EXCUSED Miker n ED O Scott . James County Att rney g Fj�,2v ri Saine Date of signature: 2024-1214 AS0117 PETITION FOR ABATEMENT OR REFUND OF TAXES County: Weld Date Received (Use Assessor's or Commissioners' Date Stamp) Section I: Petitioner, please complete Section I only. R E C E I V E D Date: 02/02/2024 # loJi— Month Day Year APR 01 2024 Petitioner's Name: Vivid Holdings LLC W F I B (' it J NTY Petitioner's Mailing Address: 660 Golden Gate Drive COMMISSIONERS Golden CO 80403 City or Town State Zip Code RECEIVED WLHDULE"'O1ARCEL NUMBER(S) PROPERTY ADDRESS OR LEGAL DESCRIPTION OF PROPERTY R3725405 156 Miller JUN 20 2024 Drive, Dacono, Co WELD COUNTY ASSESSOR GREELEY, COLORADO Petitioner requests an abatement or refund of the appropriate taxes and states`tbat-t/on- sed against the above property for the property tax year 202 __ are incorrect for the followingfly describe why the taxes have been levied erroneously or illegally, whether due to erroneous valuatin levying, clerical error, or overvaluation. Attach additional sheets if necessary Stthd �1 ee aacel N,. wvY Petitioner's estimate of value: $ 3,610;OA� •.,.,.(.2.23'"` Value Year I declare, under penalty of perjury in the second degree, that this petition, together with any accompanying exhibits or statements, has been prepared or examined by me, and to the best of my knowledge, information, and belief, is true, correct, and complete. Daytime Phone Number ( ) Petitioner's Signature By .A•i1a4A y,,O, Daytime Phone Number (30381/06805 Agent's Signatur - 1 'Letter of agency must be attached when petition is submitted by an agent. _� k , r If the Board of County Commissioners, pursuant to § 39-10-114(1), C.R.S., or the Property Tax Administrator, pursuant to § 39-2-T't6, C.R.S:,-r denies the petition for refund or abatement of taxes in whole or in part, the Petitioner may appeal to the Board crAscessmentAppboW pursuant to the provisions of § 39-2-125, C.R.S., within thirty days of the entry of any such decision, § 39-10-114.5(1), C.R.S. Section It: Assessor's Recommendation (For Assessor's Use Only) Tax Year 2023 Actual Assessed Tax Original $5,100,000 ($5.07 million) $1,422,900 ($1,414,530) $165,433.53 53,900,000($3.87 milion) $1,086,100 ($1,079,730) $126,277.66 Corrected Abate/Refund $1,200,000 $334,800 $39,155.87 x❑ Assessor recommends approval as outlined above. If the request for abatement is based upon the grounds of overvaluation, no abatement or refund of taxes shall be made if an objection or protest to such valuation has been filed and a Notice of Determination has been mailed to the taxpayer, § 39-10-114(1)(a)(I)(D), C.R.S. Tax year: 2023 Protest? W No ❑ Yes (If a protest was filed, please attach a copy of the NOD.) ❑ Assessor recommends denial for the following reason(s): After further review of all approaches to value a reduction was indicated. Assessor's or DeputyAssessor's Signature FOR ASSESSORS AND COUNTY COMMISSIONERS USE ONLY (Section III or Section IV must be completed) Every petition for abatement or refund filed pursuant to § 39-10-114, C.R..S. 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. Section III: Written Mutual Agreement of Assessor and Petitioner (Only for abatements up to $10,000) The Commissioners of County authorize the Assessor by Resolution No. to review petitions for abatement or re and and to settle by written mutual agreement any such petition for abatement or refund in an amount of $10,000 or less per tract, parcel, or lot of land or per schedule of personal property, in accordance with § 39-1-113(1.5), C.R.S. The Assessor and Petitioner mutually agree to the values and tax abatement/refund of: Tax Year Actual Assessed Tax Original Corrected Abate/Refund _ _ _ Note: The total tax amount does not include accrued interest, penalties, and fees associated with late and/or delinquent tax payments, if applicable. Please contact the County Treasurer for full payment information. Petitioner's Signature Date Assessor's or Deputy Assessor's Signature Date Section Iv: Decision of the County Commissioners (Must be completed it Section III does not apply) WHEREAS, the County Commissioners of County, State of Colorado, at a duly and lawfully called regular meeting held on / I , at which meeting there were present the following members Month Day Year with notice of such meeting and an opportunity to be present having been given to the Petitioner and the Assessor of said County and Assessor (being present not present) and Name Petitioner (being present —not present), and WHEREAS, the said Name County Commissioners have carefully considered the within petition, and are fully advised in relation thereto, NOW BE IT RESOLVED that the Board (agrees --does not agree) with the recommendation of the Assessor, and that the petition be (approved --approved in part —denied) with an abatementirefund as follows: 3 •9% Year Assessed Value Taxes Ab e/Retund Chairperson of the Board of County Commissioners' Signature I, County Clerk and Ex -Officio Clerk of the Board of County Commissioners in and for the aforementioned county, do hereby certify that the above and foregoing order is truly copied from the record of the proceedings of the Board of County Commissioners. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said County this day of Month Year County Clerk's or Deputy County Clerk's Signature Note: Abatements greater than $10,000 per schedule. per year, must be submitted in duplicate to the Property Tax Administrator for review. Section' Action of the Property Tax Administrator (For all abatements greater than $10,000) The ction of the Board of County Co' miissioners, relative to this petition, is hereb Approved ❑ Approved in part $ 5I r S -9rDe f g reason(s) Secretary' ign u e 0,0L72/ture ate 15-DPT-AR No 920-61C Aaron Ojala February 5, 2024 Page 14016 TAX APPEAL LETTER OF AGENCY Date Name of Property Owner (print): Address of Property Owner: Telephone Number of Property Owner Email Address of Property Owner: Name of agent authorized to pursue property tax valuations for Owner:_ Address of Agent: Telephone Number of Agent Email Address of Agent: 02/05/24 Vivid Holdings LLC 1501 W 124th Ave, Suite 100, Westminster, CO 303-420-7242 aaron(�entasisgroup.com Mark Dyson 795 McIntyre Street, Suite 205, Golden, CO 303-810-6805 mdyson(c�dycodiv.com Property Owner hereby gives authority to person or entity listed above to pursue property tax appeals and abatements for all properties at 156 Miller Drive, Dacono, CO. If Property Owner is an entity, the person whose signature appears below hereby verifies that he/she has the authority to act on behalf of the entity. This agency is for the specific tax year(s): 2024 If Property Owner an Entity: Signatory's Name: (print) Signatory's Position: �fj0c Cal 4.40 q0.14 -L1 bY4J&/YLs Signature roperty Owner Aaron Ora/C� TL�s reLo-r1 CARLA RHUDY WILSON NOTARY PUBLIC STATE OF COLORADO NOTARY ID 19974019944 MY COMMISSION EXPIRES OCTOBER 31, 2026 c��knowl�Jf b0�� Z62 ct,s Pa,1dr►''�� a IP es.tp1% ,Cw /p�VCprn� f SS t7ti1 �C�(�eS !O 3 VIVID STORAGE Revised Date: Gross Building Area (Assessor): Gross Leasable Building Area (Cak 6/30/2022 34,542 32,310 RENT ROLL Tenant Name Rent Contract Rent Market Rent Market Building 1 (990 sq.ft. units) 5,940 sq.ft. GLA Per Month Per Month Annual Unit 1 ALUATION Potential Gross Income (PGI) Less Vacancy @% PGI Effective Gross Income (EGI) Less Operating Expenses (Without Real Estate Taxes) Insurance $ Similar to Reno Self Storage d Operating Income lue )I p rate with RE taxes PSF GBA/Yr PSF GLA/Yr NOI=Cap rate w/o taxes $ $ $ From: Mark Dyson <mdyson@dycodiv.com> Sent: Thursday, February 1, 2024 3:03 PM To: Carla Wilson <carla@entasisgroup.com> Subject: Re: 156 Miller We are almost done....I think. Please send me the operating expenses. The more categories that can be included the merrier, although loan payments and non -cash expenses such as depreciation are of no use. EBITDA is what I am trying to calculate. Those that I can think of include the following: Insurance for hazard and liability Went up this year to $ Electricity Landlords portion of electric roughly $ monthly (tenants are billed for usage of their units) Water and sewer $ Snowplowing $ each time they go out (this one is a little harder to estimate) Lawn maintenance $ March-November General Repairs & Maintenance $ General Repairs & Maintenance (does not include work done on units when tenants move out) Bathroom maintenance, maybe $ CSOMPARABLE EXPENSE DATA The appraiser has analyzed the empirical data published by The 2022 Self -Storage Expense Guidebook, which collect: and publishes operating data from self -storage facilities located throughout the entire United States. The subject it located within the South Region, which is summarized in the table below. It is noted the subject property operate: on a lower expense scale, given its specific location, thus budgeted information was given most weight. Range Low High Average % of S SF S/SF S/SF Expenses Real Estate Taxes 0.67 1.74 1.10 23.6% Property Insurance 0.09 0.39 0.24 5.2% Utilities 0.21 0.94 0.32 6.9% Repairs & Maintenance 0.25 1.99 0.37 7.9% Administration 042 0.79 0.50 10.7% Off -Site Management 0.20 1.35 0.57 12. On -Site Management 0.34 1.17 0.89 1 $3.58/SF Advertising 0.09 0.49 0.25 5 'without RE taxes Miscellaneous 0.00 125 0.43 Total Expenses 2.28 10.09 4.68 100% Reno Avenue Self Storage 3150 East Reno Avenue 94,520 SF. GLA Oklahoma City, Oklahoma Real Estate Taxes $ 11:42 AM Vivid Holdings LLC 02/02/24 Profit & Loss Accrual Basis January through December 2023 Ordinary Income/Expense Income 35000 • Rental income Page 1 1:46 PM AO Vivid 36, LLC 02/02/24 Profit & Loss Accrual Basis January through December 2022 Ordinary Income/Expense Income 35100 • Miscellaneous Income Page 1 1:46 PM AO Vivid 36, LLC 02/02/24 Profit & Loss Accrual Basis January through December 2022 Page 2 A. Mark Dyson, Broker, CCIM, MAI Mark Dyson's success in commercial real estate can be attributed to a firm commitment to being actively engaged in the marketplace as someone who provides consulting service to lenders nationwide; acquires, entitles, repositions through reconfiguration and leasing, and buys and sells commercial real estate. Mark uses these skills to help lenders, tenants, developers, and buyers and sellers recognize and take advantage of opportunities by making debt and equity investments. In his first full year as a real estate broker, Mark qualified to be a recipient of the Denver Metropolitan Commercial Association of REALTORS® (DMCAR) Million Dollar Roundtable Award. Mark made the switch to a diversified commercial real estate career in late 2007 after the sale of DYCO Real Estate. Mr. Dyson started DYCO Real Estate in 1991, and grew it to one of Colorado's most well respected and largest commercial real estate consulting and appraisal firms. While running DYCO Real Estate, Mark Dyson was able to gain tremendous insight for all types of real estate. His company provided consultation, analysis and litigation support for many property owners, lenders and businesses that were experiencing success and/or failure. Mark has advised clients that include but are not limited to HealthOne, McDonalds Corp., Wal-Mart Realty, Whole Foods, YMCA, NREL, Goodwill Industries, Colorado & Santa Fe Land Co, O'Meara Ford, Koelbel & Co, John Madden Co., Freedom Harley Davidson, Adams Aircraft, and most Colorado real estate lenders to create successful real estate leasehold interests, and debt and equity investments. Mark's 17 years as founder and president of DYCO Real Estate Inc has led to a broader career in commercial real estate built on trust, knowledge, hard work and a tireless pursuit of the perfect transactions for his clients. Mark's expertise extends to commercial brokerage sales and acquisition, and tax appeals for special purpose real estate. Mark also founded DYCO Holdings, a real estate investment company. Projects have included land assemblage and rezoning, conversion of single tenant industrial to multitenant commerial use; and acquisition, rehabilitation and repurposing of a multi -tenant office building; a 100 -year old single tenant building in Brighton, CO, and a 92 -year old auto-dealership/office property in Rifle, CO. He understands the challenges and sees the opportunity for repurposing property, including obtaining tax credits for historic structures, thereby increasing value. Mark is one of a few commercial real estate brokers who can price and maximize sales proceeds of a historic property best suited for renovation to alternative use. Mark's personal achievements include greater than 20% annualized returns to equity on all DYCO Holdings real estate investments; past President of Beeler Place Townhouses, a homeowners association at Copper Mountain, Colorado; and his family; wife Vanda Lewis and sons Ian and Drew. Investment transactions of note include: Sale of the Chase Bank property in the Broomfield Corners shopping center Sale of the NextCare urgent care property in the Broomfield Corners shopping center Sale of the Chick-fil-A property in the Eagles Nest Village shopping center in Centennial, CO Sale of the 7Eleven in the Vista Ridge master planned community in Erie, CO Sale of the former 7Eleven at 1990 Youngfield, Lakewood, CO Sale of the former Village Inn restaurant proximate to the Montbello Plaza shopping center in Denver Sale of a failed, 4.5 -acre restaurant park proximate to the Montbello Plaza shopping center for redevelopment with two hotels 3/18/2024 Attn: Brenda Doses RE: 2023 Abatement received 02/5/2024 R3725405 VIVID HOLDINGS LLC 660 GOLDEN GATE DR GOLDEN, CO 80403 2023 Assessors Value $5,100,000 ($147.65/sf) SUBJECT: The subject property is located at 156 Miller Drive in Dacono. This is in the Grand Divide Business Park in Dacono at the northwest corner of Grand View Blvd and Colorado Blvd. The subject is comprised of 6 industrial flex garage warehouses totaling 34,542 square feet on a 2 -acre commercial property built in 2020. They offer secure spaces with 900 sf — 1,000 sf units to lease for general storage and RV, boats, cars and business inventory. Cost Approach: The summary value based on the cost approach is $3,900,000 or $112.91/sf for 2023. Land comps in the area were between $4.02 - $5.00/sf for similar sized parcels. It was determined $4.25/sf was appropriate for the subject. Imp 1 Imp 2 Imp 3 Imp 4 Imp 5 Imp 6 RCN: $797,616 $566,263 $583,546 $535,402 $583,546 $535,402 Depr 2% $ 15,952 $ 11,325 $ 11,671 $ 10,708 $ 11,671 $ 10,708 RCNLD $781,664 $554,938 $571,875 $524,694 $571,875 $524,694 Total RCN $3,601,775 Depr 2% $ 72,036 RCNLD $3,529,740 Land $ 370,260 Total RCNLD $3,900,000 Market Approach: Market value is $3,800,000 ($1 10.01/sf). Market sales range from $77.82 - $157.06/sf. • Comp 1 4070 Camelot Circle, Mead, 85,840 sf storage garage warehouse built in 2006, 2007 and 2008 on 10.67 acres; sold 11/30/2021 for $7,100,000 or $82.71/sf. • Comp 2 1005 E Laurel St, Ft Collins, 20,560 sf storage warehouses built in 1960 on 2.66 acres; sold 4/19/2022 for $1,600,000 or $77.82/sf. • Comp 3 14106-14136 Valley Dr, Mead, 20,250 sf storage warehouse built in 1996 on 1.36 acres; sold 8/7/2021 for 2,550,000 or $125.93/sf. • Comp 4 3773 Monarch St, Frederick, 35,656 sf industrial light warehouse built in 2001 on 2.36 acres; sold 6/16/2021 for $5,600,000 or $157.06/sf. Income Approach: Market leases in the Weld County along 1-25 area range from $ to $ sf modified gross. Using a modified gross lease rate of $ vacancy, expenses and a CAP results in an indicated value of $ or $ Income for the subject has been received along with a rent roll as of 6/30/2022. Using the actual income from the subject for 2022 show $ modified gross. Using potential gross income as if fully rented $ with vacancy and expenses total $ and ar effective cap rate of comes to $ or $ Reconciliation and Summary: After considera-ion of all approaches to value, the cost approach was given more weight due to the property be ng built in 2020 at $3,900,000. The income supported $ and the sales approach supported $3,800,000. Per the agent, the property owner agreed the cost approach would be a fair value. Photos & Sketch Improvement 1, 3, 5 Front view Yt i Ir r ___ -___ '•'71110: Id!i �r Ejj N r i 4e -. .♦l .♦'eia! ' • � .r �4 y J Ittt tttt Wl!nr F.'��1': L1.� . w; . �H y 'rim ' tt I y pp 1 pr, r y rnT: • ,�r,r �rit s+ rC��: yJyJr ��.n.Q�a l a`3',' "+✓ :vim Se ..t• _K b� ;r ay - T 7} 1 iP f 4/2/24, 10:09 AM Property Report Weld County Property Information (970) 400-3650 PROPERTY PORTAL Technical Support (970) 400-4357 Account: R3725405 April 2, 2024 Account Information Account Parcel S ace Account Tax Actual Assessed I p Type Year Buildings Value Value [ R3725405 146701404007 Commercial 2024 6 5,100,000 1,422,900 Legal IIi1 m1111111 DAC GDBPRB L7 GRAND DIVIDE BUSINESS PARK RPLT B Subdivision Economic Block Lot Area GRAND DIVIDE SUB RPLT B BUSINESS PARK DACONO 7 COMMERCIAL Address City y Zip Section Township Range f 156 MILLER DR ! DACONO I I 01 01 68 Owner(s) Account Owner Name Address VIVID 1501 W 124TH AVE STE 100 R3725405 HOLDINGS LLC WESTMINSTER, CO 802341728 Document History httos://orocertvrenort.weld.aov/?account=R3725405 1/15 4/2/24, 10:09 AM Reception Rec Date I Type Grantor Property Report { Grantee i Doc Fee Sale Date 1 Sale Price GRAND DIVIDE 3291618 NA SUB ' SUBDIVISION i BUSINESS 0.00 NA 0 PARK RPLT B MILLER/PERRY GILLETT ! 3291621 j 06-03-2005 QCN LLC I LYLE K 0.00 05-31-2005 0 GILLETT LYLE VIVID EE 4439210 10-16-2018 SWD ( K i HOLDINGS i 33.28 10-16-2018 332,800 LLC �- VIVID 4558695 01-15-2020 SURV HOLDINGS LLC VIVID HOLDINGS LLC I 0.00 ' 09-25-2019 i 0 VIVID 4641336 10-16-2020 SWD HOLDINGS LLC AO VIVID j 36 LLC 450.00 10-15-2020 4,500,000 49AO VIVID 36 12-11-2023 i QCN VIVID , HOLDINGS ? 0.00 12-08-2023 j 0 LLCa LLC LLC *Ifthe hyperlink for the reception number does not work, try a manual search in the Clerk and Recorder records. Use the Grantor or Grantee in your search. Building Information Building 1 AccountNo Building ID Occupancy R3725405 1 Warehouse ID Type NBHD I Occupancy i Complete Bedrooms Baths Rooms I i z 1 i Commercial I 3905 j Warehouse 100 0 httos://orooertvreoort.weld.aov/?account=R3725405 2/15 4/2/24, 10:09 AM ID I Exterior i Covf Cover Interior Property Report HVAC Perimeter Units Unit Make ( Type P f Heater 370 0 ID Square Ft s Total j Finished Condo Basement Basement SF SF SF Garage SF ( Carport Balcony Porch SF i SF SF 1 1 6,300 0 i 0 0 0 0 0 0 But As Details for Building 1 SYear ID Built As Square 1 Ft i Built Stories Length Width Industrial Flex I 1,00 6,300 2020 1 0 0 I Mall Building ( I Additional Details for Building 1 ID Detail Type I Description Units 1 ( Add On Asphalt Average 27,000 ( 1 Add On j Vinyl Fence { 1,150 1 Add On ( Wrought Iron Fence ( 150 11 Building 2 AccountNo Building ID Occupancy R3725405 {' 2 Warehouse ID Type ( NBHD Occupancy %omplete Bedrooms ! Baths Rooms t C { 2 i Commercial 3905 Warehouse 100 0 httos://oroaertvreoort.weld.00v/?account=R3725405 3/15 4/2/24, 1009 AM Property Report i Roof i Unit ID Exterior Cover Interior HVAC , Perimeter Units Type Make i � I 2 Space i Heater 361 I 0 ID Squats Total Finished Condo l gasement Basement Garage Carport ' Balcony Porch Ft SF SF SF SF I SF j SF SF I i 2 5,670 0 0 0 0 0 0 0 Built As Details for Building 2 ID Built As Square Year Ft Built 3 Stories Length Width Industrial Flex 2.00 5,670 � 2020 � 1 � 0 s 0 Mall Building No Additional Details for Building 2 Building 3 AccountNo Building ID Occupancy R3725405 3 Warehouse °7o ID Type NBHD Occupancy CompletBedrooms Baths Rooms i l ( --- - -- { 0 -- , 3 i Commercial 3905 Warehouse 100 ID Exterior Roof i Interior HVAC 1 Perimeter Units Tn'e j Make Cover i yp pa Sce 3 1 Heater 354 0 3 i Total Finished Gara a Carport Balcony Porch ID Square Condo Basement fl1f p Ft SF SF SF SF SF SF SF 3 5,940 0 E 0 0 i 0 0 0 i 0 httos://orooertvreoort.weld.aov/?account=R3725405 4/15 4/2/24, 10:09 AM Property Report Built As Details for Buildin Year ID Built As Square Ft Built Stories I Length Width Industrial Flex i — 3.00 1 5,940 2020 1 0 0 Mall Building No Additional Details for Building 3 Building 4 AccountNo Building ID Occupancy R3725405 4 ! Warehouse jID I Type ' NBHD Occupancy 1 70 Complete Bedrooms Baths Rooms } i 4 Commercial 3905 1 Warehouse j 100 0 ID Exterior Cover Interior HVAC Perimeter Units YPe Make I Space 4 Heater 345 I 0 Square ! Condo Total Finished Garage Carport Balcony Porch ID { Ft SF Basement Basement SF SF SF SF SF ; SF 4 5,346 0 0 0 1_ O . 00— --� 0 Built As Details for Building 4 ID Built As SquarFt 4.00 Industrial Flex 5,346 i i Mall Building e Year Stories Length Width Built j 2020 1 0 0 No Additional Details for Building 4 httos://orooertvre oort.weld. aov/?account= R3725405 4/2/24, 10:09 AM Property Report Building 5 AccountNo Building ID Occupancy R3725405 1 5 ( Warehouse ID Type NBHD Occupancy Complete Bedrooms Baths Rooms 5 Commercial 3905 i Warehouse 100 ( 0 Roof ? Unit i ID I Exterior Cover Interior HVAC i Perimeter Units Make Type I I I Space 5 Heater ! 354 0 Square Condo I Total Finished ID Basement ! Basement Garage l Carport ' Balcony 1 Porch Ft SF SF ! SF SF SF SF SF 5 5,940 0 0 0 0 0 0 Built As Details for Building 5 Year ID Built As Square I Stories ( Length 1 Width Industrial Flex �._ 5.00 ( 5,940 2020 11 0 1 0 I Mall Building No Additional Details for Building 5 Building 6 AccountNo Building ID Occupancy R3725405 6 Warehouse httos://orooertvreoort.wel d. aov/?account=R3725405 4/2/24, 10:09 AM Property Report ID Type NBHD I Occupancy Complete Bedrooms Baths Rooms 6 Commercial 3905 Warehouse 100 - I 0 Roof i Unit ID Exterior Cover I Interior 1 HVAC Perimeter Units i Type Make I Space 6 1 Heater { 345 0 Square ( Condo Total Finished Garage Carport Balcony Porch ID Basement Basement Ft SF SF I SF SF SF SF SF 6 5,346 0 1 0 0 1 0 0 0 1 0 i Built As Details for Building6 Year ID Built As Square Ft ! Built Stories Length i Width Industrial Flex t r6.00 5,346 2020 1 0 0 �Mall Building No Additional Details for Building 6 Tax Authorities httos://orooertvreoort. wel d. aov/?account=R3725405 4/2/24, 10:09 AM Property Report 1 Current Mill Tax District Area ID District Name Levy 5565 0900 CARBON VALLEY REC 4.427 5565 0402 DACONO TOWN 25.700 i 5665 0965 DACONO URBAN RENEWAL 0.000 AUTHORITY 5565 0512 MOUNTAIN VIEW FIRE 16.247 I PROTECTION DISTRICT 5565 0301 NORTHERN COLORADO WATER 1.000 (NCW) 5565 0213 SCHOOL DIST RE1J-LONGMONT 57.238 5565 0620 ST VRAIN SANITATION 0.317 I ' 5565 0100 ; WELD COUNTY 12.024 Total - - 116.953 Photo httos://orooertvreoort.weld.00v/?account=R3725405 8/15 S. ar r tl r .r .' TTt -- Y �1 :mss F•tZ I e r ii #trt f 4• Y -V b�. 1 OM �g.. S'♦4MM(.i'l N Ai 3 _ *!♦•JIW^ Ti --i_ _.-- Ii -, w .., .r A�t . la ., pt - • --. TEL. A ES c i. SAiL-a 11 4/2/24, 10:09 AM Property Report 45' B1 140 140 6300.0 sf 45' Building 1 Page 1 42 140' 5670.0 sf 140' 40.5' Skuchby Apex Sk-h Building 2 Page 1 httos://aroeertvreoort.weld.00v/?account=R3725405 12/15 4/2/24, 10:09 AM Property Report 45' 83 132' 5940.0 sf 132' 45' Building 3 Page 1 Building 4 Page 1 httns://nronertvrenort.weld.00v/?account=R3725405 13/15 4/2/24, 10:09 AM Property Report B5 5940.0 sf 45' Building 5 Page 1 Building 6 Page 1 httas://orooertvreoort.weld.aov/?account=R3725405 14/15 372.5 0 186.25 372.5 Feet I W G S_ 19 84_ W e b_M a rc ato r_Au x i l i a ry_S p h e re © Weld County Colorado This map is a user generated static output from an Internet mapping site and is for reference only. Data layers that appear on this map may or may not be accurate, current, or otherwise reliable. THIS MAP IS NOT TO BE USED FOR NAVIGATION (flcytrww Fort Collins ,. t.&rreland Fj:i:adrr a L f,.. Legend Parcels Highway Li County Boundary Notes CLERK TO THE BOARD 1861 GUNTy April 12, 2024 VIVID HOLDINGS, LLC 660 GOLDEN GATE DRIVE GOLDEN, CO 80403 RE: SCHEDULE NUMBER R3725405 Dear Property Owner: PHONE: (970) 400-4225 FAX: (970) 336-7233 1150O STREET P.O. BOX 758 GREELEY, COLORADO 80632 www.weld.gov VIVID HOLDINGS, LLC 1501 WEST 124TH AVENUE SUITE 100 WESTMINSTER, CO 80234-1728 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: 156 Miller Drive, Dacono, Colorado 80514-9420. The meeting is scheduled for Wednesday, May 15, 2024, at 9:00 a.m., in the Chambers of the Board of County Commissioners of Weld County, Colorado, Weld County Administration Building, 1150 O Street, Assembly Room, Greeley, Colorado 80631. The Assessor is recommending that the Board approve, in -part, your petition. You are not required to be present at this hearing; however, this is your opportunity to have your position heard, particularly if your position is opposed to the Assessor's recommendation. If you intend to submit any documentation in support of your position for this hearing, all such documentation must be submitted 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 the scheduled hearing. If you have any questions concerning this matter, please do not hesitate to contact me at (970) 400-4217. Sincerely, Jan Warwick Deputy Clerk to the Board jwarwick@weld.gov Enclosures: Copy of Petition for Abatement of Refund of Taxes cc: Weld County Assessor A. Mark Dyson, DYCO Diversified, Inc. Jan Warwick From: Jan Warwick Sent: Friday, April 12, 2024 9:27 AM To: Aaron@entasisgroup.com; mdyson@dycodiv.com Subject: NOTICE OF HEARING - Tax Abatement Petition - R0016088 Attachments: Letter - Set Date.pdf; Tax Abatement Petition - R3725405.pdf Good morning, This is to advise you that the Weld County Board of Commissioners will hear the petition for abatement or refund of taxes on the property described as: 156 Miller Drive, Dacono, Colorado 80514-9420. The meeting is scheduled for Wednesday, May 15, 2024, at 9:00 a.m. Please see the attached letter and copy of the petition form for further information (hard -copies to follow). Sincere regards, Jan Warwick Deputy Clerk to the Board Weld County 1150 O Street Greeley, CO 80631 tel: 970-400-4217 Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. WELD COUNTY PETITION FOR ABATEMENT OR REFUND OF TAXES CERTIFICATE OF MAILING FIRST NAME LAST NAME COMPANY ADDRESS 1 CITY STATE POSTAL CODE VIVID HOLDINGS, 660 GOLDEN GATE GOLDEN CO 80403 LLC DRIVE 1501 WEST 124TH 80234 - AVENUE, SUITE 100 WESTMINSTER CO 1728 aaron@entasisgroup.com A. MARK DYSON DYCO DIVERSIFIED, 795 MCINTYRE GOLDEN CO 80401 INC. STREET, SUITE 205 mdyson@dycodiv.com I hereby certify that I have sent a notification of hearing date letter in accordance with the notification requirements of Weld County in the United States Mail, postage prepaid First Class Mail by letter as addressed on the attached list this 12th day of April. 2024. Jan Warwick Deputy Clerk to the Board -n m HC txira bervices & bees (check box, add fee Q ❑ Return Receipt (hardcopy) $ Q ❑ Return Receipt (electronic) $ Q ❑ Certfied Mail Restricted Delivery $ Q ❑Adult Signature Required $ ❑ Adult Signature Restricted Delivery $ Postage u-1 r,q ITotal Postage and Fees r` Sent To Str et and t. 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W •+� O ii O = all. 4O CO) \'I 0 OEM as en mv0 0 M 0 0 Al O CD Co O CD c (D N CD CD 1DDD ❑Dw. p2OC�DD o m(DaaW. - . c c (D O. alp lj m S>aJ J -Eti �.O�ydcc�-i CD mm9®�mm B m n O CD C m O O 32 m I � m I ❑❑ ❑O❑ o,wom J- J w (D ••- (- _ - 2 0 0 d a O fl -'c--a N N CD y 3 a p m((D CD CD (D W a a o - m m C w � 2 N Q Q� (-no Q3 CD - 3 J •J 0 (D O (D. CD a ZI p ❑ ❑ 0>> to Cam (D (Do' CD N- N < 0 p W i cc H00 O O0 r } YO0W w WomHI O' _ m II 0 O rR 1 fN W N- I•O Q 00 Z Q ' O ONZ >i_L1 >0O c� 03 as 03 .• a!— --.. May 22, 2024 VIVID HOLDINGS, LLC 660 GOLDEN GATE DRIVE GOLDEN, CO 80403 RE: Schedule Number R3725405 Dear Property Owner: Clerk to the Board Phone: (970) 400-4225 Fax: (970) 336-7233 1150O Street P.O. Box 758 Greeley, Colorado 80632 www.weld.gov VIVID HOLDINGS, LLC 1501 WEST 124TH AVENUE SUITE 100 WESTMINSTER, CO 80234-1728 On May 15, 2024, the Board of Weld County Commissioners considered your petition for abatement or refund of taxes and approved, in part, same. Pursuant to C.R.S. §39-2-125(f), 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: Board of Assessment Appeals — Department of Local Affairs 1313 Sherman Street, Room 315 Denver, CO 80203 Phone: (303) 864-7710 Email: dola_baa@state.co.us. In preparation for appealing to the State Board of Assessment Appeals you may also go to the following state link to obtain any further information you may need to proceed, http://www.dola.state.co.us/baa/index.htm. Very truly yours, (JatH1 .LdOt u Jc Janet M. Warwick Deputy Clerk to the Board jwarwick@weld.gov Enclosures: Resolution #2024-1214, Copy of Petition for Abatement of Refund of Taxes cc: Weld County Assessor Weld County Petition for Abatement or Refund of Taxes Certificate of Mailing First Name Last Name Company Address 1 City State Postal Code VIVID HOLDINGS. 660 GOLDEN GATE GOLDEN CO 80403 LLC DRIVE 1501 WEST 124TH WESTMINSTER CO 80234-1728 AVENUE, SUITE 100 aaron@entasisgroup.com A. MARK DYSON DYCO 795 MCINTYRE GOLDEN CO 80401 DIVERSIFIED, STREET, SUITE 205 INC. mdyson@dycodiv.com I hereby certify that I have sent a Tax Abatement Petition decision letter in accordance with the notification requirements of Weld County in the United States Mail, postage prepaid First Class Mail by letter as addressed on the attached list this 22nd day of May, 2024. 0 a - a ru O Janet M. Warwick he Board . .- 5 Certified Mail Fee $ A>l Z Postmark Here Extra Services & Fees (check box, add fee as appropriate) ❑ Return Receipt (hardcopy) $ ❑ Return Receipt (electronic) $ ❑ Certified Mail Restricted Delivery $ ❑ Adult Signature Required $ []Adult Signature Restricted Delivery $ Postage $ Total Postage and Fees sent To X i- 1-``'' `a --';h St .- :,, .. r r r .,..,. rR O I Extra Services & Fees (check box, add fee as appropriate) ❑ Return Receipt (hardcopy) $ ❑ Return Receipt (electronic) $ ❑ Certified Mail Restricted Delivery $ ❑ Adutt Signature Required $ []Adult Signature Restricted Delivery $ 5l Zz ci r'- $ p— Total Postage and Fees Hi ra se -1 l t - --- rti -- $tr t d t. N. or B x obDr )rat rs r 0 n Anolb 3 Y cEji oto cDt <<0 *Oii U N Postmark Here m C) cc .92 mf ¢ E E Z' r,' )- '- m wrvm - cc' 00 m ova UU0 i N N d N O rTC) w C C a o m n 2 ❑❑O ❑❑ m .. 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M O�,f'- tc v 5D Yl HI LD t53 UCI'5► C J -n'(> nJ WifLJ�LI1 ('�') D0% - Clerk to the Board 1861 Phone: (970) 400-4225 Fax: (970) 336-7233 1150 O Street P.O. Box 758 N Greeley, Colorado 80632 www.weld.gov May 22, 2024 State of Colorado Division of Property Taxation 1313 Sherman Street, Room 419 Denver, CO 80203 RE: Petition for Abatement or Refund of Taxes — Vivid Holdings, LLC To Whom It May Concern: Please review the attached documents, which include the original petition, a copy of the petition, two (2) copies of the resolution approved by the Weld County Board of Commissioners, and a copy of the back-up documentation supporting the petition. Tax Year(s): 2023 Parcel Number: 146701404007 Account Number: R3725405 If you have any questions concerning this matter, please do not hesitate to contact me at (970) 400-4217. Very truly yours, Janet M. 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