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Home My WebLink About20242876.tiffRESOLUTION RE: ACTION OF THE BOARD CONCERNING 2024 BOARD OF EQUALIZATION DECISIONS CONCERNING PETITIONER APPEALS WHEREAS, pursuant to C.R.S. §39-8-101, the Board of County Commissioners of Weld County, Colorado, convened as the Board of Equalization for the adjustment and equalization of assessments of real and personal property within Weld County, Colorado, as prepared by the County Assessor, for the year 2023, who provided due Notice of Determination to the taxpayers, and WHEREAS, certain taxpayers, as listed in Exhibit "A," attached hereto and incorporated herein by reference, presented petitions of appeal of the County Assessor's valuation for the year 2024, claiming that the property described in said petitions was incorrectly assessed, as more specifically stated in said petitions, and WHEREAS, pursuant to C.R.S. §39-8-102, said Board of Equalization appointed an independent referee with experience in property valuation to conduct hearings regarding property valuation and classification, make findings, and submit recommendations to the Board of Equalization for its' final approval, and WHEREAS, said independent referee hereby submits his recommendations, as listed in Exhibit "A," attached hereto and incorporated herein by reference, to the Board of Equalization for approval, and WHEREAS, the Board of Equalization has reviewed and 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 by the appointed independent referees as set forth in Exhibit "A," be, and hereby is accepted, and the assessment and valuation of the Weld County Assessor be, and hereby is, either approved, denied, or adjusted to reflect those values shown in Exhibit "A." c C : ASR (BD/SM/cA/DK), CA (BQ/Kr4) 2024-2876 AS0118 2024 BOARD OF EQUALIZATION DECISIONS CONCERNING PETITIONER APPEALS PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 30th day of October, A.D., 2024. BOARD OF EQUALIZATION WELD COUN ATTEST: dadmj Weld County Clerk to the Board ByOttreftm Deputy Clerk to the Board Mik- Freeman APPED County Attorney ism Date of signature: 't I4174 erry L. B , Pro-Tem 2024-2876 AS0118 Final Resolution of the Weld County Board of Equalization Account # Owner Name Decision Assessor Val OBOE Value R0277395 R8961736 P0017021 P9108179 R0073387 R1920902 R2420803 R2624103 R3045186 R3045286 R3045386 R3045486 R8964111 R8971272 R8971273 R8971274 R8975635 R8977239 R8977240 R8977241 R8977242 R8977243 HAMPTON YARD 10 LLC CST METRO LLC LINEAGE LOGISTICS SERVICES LLC LINEAGE LOGISTICS LLC RIVER VALLEY VILLAGE MOBILE HOME PARK LLC WIEDEMAN FAMILY TRUST CARDWELL LEGACY LLC HEARTLAND EXPRESS INC OF IOWA WIEDEMAN FAMILY TRUST WIEDEMAN FAMILY TRUST WIEDEMAN FAMILY TRUST WIEDEMAN FAMILY TRUST TBK BANK SSB 3772FRED LLC 3772FRED LLC 3772FRED LLC LINEAGE LOGISTICS LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC Adjust - Denied in Part Adjust - Denied in Part Deny - Administrative Deny Deny - Administrative Deny Deny - Administrative Deny Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny $1,620,000 $1,106,821 $3,229,200 $3,160,522 $1,125,777 $1,125,777 $49,429,706 $49,429,706 $12,600,000 $12,600,000 $950,400 $950,400 $1,032,015 $1,032,015 $5,343,258 $5,343,258 $1,240,800 $1,240,800 $1,927,200 $1,927,200 $1,579,874 $1,579,874 $2,211,000 $2,211,000 $565,500 $565,500 $1,650,000 $1,650,000 $483,151 $483,151 $240,971 $240,971 $61,558,650 $61,558,650 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 Final Resolution of the Weld County Board of Equalization Account # Owner Name Decision Assessor Val OBOE Value R8977244 R8977245 R8977246 R8977247 R8977248 R8977249 R8977250 R8977251 R8977252 R8977253 R8977254 R8977255 R8977256 R8977257 R8977259 R8977260 R8977261 R8977262 R8977263 R8977264 R8977265 R8977266 MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC LENNAR COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC MILLROSE PROPERTIES COLORADO LLC Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 Final Resolution of the Weld County Board of Equalization Account # Owner Name Decision Assessor Val OBOE Value R8977267 R8977268 R8977269 R8977270 R8977271 R8977273 R8977274 R8977275 R8977276 R8977277 R8977278 R8977279 R8977280 R8977281 R8977282 R8977283 R8977284 R8977285 R8977286 R8977287 R8977288 R8977289 MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC KRIDER DEREK WAYNE LENNAR COLORADO LLC GHALE KALE SPENCER DEBORAH SMITH HEMPEL JONATHAN E MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC KC LOCHAN Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 Final Resolution of the Weld County Board of Equalization Account # Owner Name Decision Assessor Val OBOE Value R8977290 R8977291 R8977292 R8977293 R8977294 R8977295 R8977296 R8977297 R8977298 R8977299 R8977300 R8977301 R8977302 R8977303 R8977304 R8977305 R8977306 R8977307 R8977308 R8977309 R8977310 R8977311 BASNET SHLOK MORIN PETER BUTLER CAMARGO MARIA ELVIRA COOK MICHAEL DON MYERS DARREN MICHAEL KIM SU HYUN LENNAR COLORADO LLC ALEXANDER TAMARA KAY GRINSTEAD JOHN GARRETT SLATE NON-NC/NON-WA PROPERTY OWNER LLC CLARK MELISSA JEAN MISHRA ADITYA RAJ LENNAR COLORADO LLC TSERING DOLMA MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 Final Resolution of the Weld County Board of Equalization Account # Owner Name Decision Assessor Val OBOE Value R8977312 R8977313 R8977314 R8977315 R8977316 R8977317 R8977318 R8977319 R8977320 R8977373 R8977374 R8977375 R8977376 R8977377 R8977378 R8977379 R8977380 R8977381 R8977382 R8977383 R8977384 R8977385 LENNAR COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC CECILIONE CHRISTINE MARIE LENNAR COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC LENNAR COLORADO LLC JAHAGIRDAR AMOGH ANANT LENNAR COLORADO LLC GURUNG GYANU Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 Final Resolution of the Weld County Board of Equalization Account # Owner Name Decision Assessor Val OBOE Value R8977386 R8977387 R8977388 R8977389 R8977390 R8977391 R8977392 R8977393 R8977394 R8977395 R8977396 R8977397 R8977398 R8977399 R8977400 R8977401 R8977402 R8977403 R8977404 R8979676 P3307406 P9102170 NICHOLSON MARK HARRISON LENNAR COLORADO LLC LENNAR COLORADO LLC MASTRIONA MEGAN JO LENNAR COLORADO LLC TELIN LINDA SUE LENNAR COLORADO LLC LENNAR COLORADO LLC YONG-SET RODNEY JAMES JC-HS MHP II POOL 01 LP GORMAHUE RESIDENT TRUST ALTEA TRUST MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC MILLROSE PROPERTIES COLORADO LLC CR 5 STORAGE SP LLC OWENS-BROCKWAY GLASS CONTAINER INC FMC TECHNOLOGIES INC Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Administrative Deny - Denied in Full Deny - Denied in Full Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny Deny $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $29,983 $7,562,242 $7,562,242 $27,151,995 $51,134,585 $5,653,083 $5,653,083 Final Resolution of the Weld County Board of Equalization Account # Owner Name Decision Assessor Val OBOE Value P9108031 R0055687 R4060986 R5610086 R6779756 R7949099 R8891500 R8962115 P9108532 R0660186 R0660286 R2459786 R4859407 R6830297 R7124198 R8447100 R8965296 R8970554 R8974527 R8976435 R8976436 R8960315 FUTURE LEGENDS LLC WEST MARTIN R CST METRO LLC CIRCLE K STORES INC VALERO DIAMOND METRO INC HAMPTON YARD 10 LLC BLEEKER CORY D PADORA JOHN IDENTITY PET NUTRITION LLC DIXON CHARLES F DIXON CHARLES F WILLOWS APARTMENTS LTD VILLAGE VISTA PLAZA INC CALABRESE ORLANDO M JR KOERNER JOHN PAL NAVDEEP HARTIGAN BRENDAN MARINA ONE LLC TRG COLLIERS HILL CO LLC CONTINENTAL 518 FUND LLC CONTINENTAL 518 FUND LLC HOWK JOHN PHILLIP Deny - Denied in Full Deny - Denied in Full Deny - Denied in Full Deny - Denied in Full Deny - Denied in Full Deny - Denied in Full Deny - Denied in Full Deny - Denied in Full Stipulated - Approved Stipulated Stipulated - Approved Stipulated Stipulated - Approved Stipulated Stipulated - Approved Stipulated Stipulated - Approved Stipulated Stipulated - Approved Stipulated Stipulated - Approved Stipulated Stipulated - Approved Stipulated Stipulated - Approved Stipulated Stipulated - Approved Stipulated Stipulated - Approved Stipulated Stipulated - Approved Stipulated Stipulated - Approved Stipulated Withdrawn Value Value Value Value Value Value Value Value Value Value Value Value Value $2,569,315 $2,569,315 $540,000 $540,000 $845,200 $845,200 $2,745,600 $2,745,600 $1,323,000 $1,323,000 $383,179 $383,179 $574,492 $574,492 $570,000 $570,000 $67,729 $27,683 $46,827 $34,216 $46,827 $34,216 $22,772,800 $20,545,200 $2,300,000 $2,100,000 $4,200,000 $3,860,000 $512,000 $407,000 $383,000 $350,000 $559,000 $533,000 $9,300,000 $9,300,000 $74,932,682 $70,000,000 $10,139,958 $10,139,000 $42,719,884 $39,861,000 $467,915 Final Resolution of the Weld County Board of Equalization Account # Owner Name Decision Assessor Val OBOE Value R8980506 TTRES CO GREELEY CENTERPLACE DR Withdrawn $16,806,486 LLC BOARD OF EQUALIZATION HEARING/FINDINGS FORM Account Number: P9102170 Primary Owner FMC TECHNOLOGIES INC PO BOX 2629 ADDISON, TX 75001-2629 Property Address: 1575 COUNTY ROAD 27 BRIGHTON Hearing Date: 10/18/2024 Hearing Time: 9:30 AM Petitioner's Name: FMC TECHNOLOGIES INC The Petitioner was: ❑ Present ❑■ Not Present Represented by: DUFF & PHELPS LLC Assessor Representative: LCH Assessor's Actual Value: $5,653,083 Petitioner(s) presented the following testimony and documents in support of their claim: (Please explain fully.) Appeal Number: 2008243906 Agent (if applicable): DUFF & PHELPS LLC TANNER FRANKLIN PO BOX 2629 ADDISON, TX 75001-2629 Room Number: 1 - Assessor's Office Review of letter, obsolescence charts and 10-K documents. Petitioner's Value: $ 4,173,869 The assessor presented the following testimony and documents in support of the Assessor's position: (Check all that apply) ❑ data from sales of comparable properties which sold during the base year (or extended base year) • calculation of the cost approach ❑ valuation using the income approach ❑ other (Please explain fully.) No adequate data to review market sales or income approach. Applied 12.36 obsolescence and 50% obsolescence to idle equipment. Assessor's Recommended Value: $ 5,653,083 Independent Referee's Comments: (Provide attachments as necessary.) Appreciated 10-K information provided by Petitioner. Obsolescence charts were not Colorado specific. Also used 10 year historic data which increased obsolescence factors. IT IS THEREFORE RECOMMENDED that for the above stated reasons, the appreal of the Petitioner(s) to the Weld County Board of Equalization be: ❑ ADJUSTED ❑■ DENIED IN FULL ❑ DENIED IN PART ❑ STIPULATED ❑ WITHDRAWN* VALUE* *on a separate form The Actual Value of the Property is Determined to be - Total $ 5,653,083 Independent Referee Signature:William F. Garcia Digitally signed by William F. Garcia Date: 2024.10.18 09:54:39 -06'00' Senior Independent Referee Decision Reason for Change: Senior Independent Referee Revised Value: Total $ Date: 10/18/2024 Date: BOARD OF EQUALIZATION HEARING/FINDINGS FORM Account Number: P9108031 Primary Owner FUTURE LEGENDS LLC 4558 SHERMAN OAKS AVE SHERMAN OAKS, CA 91403-3060 Property Address: Hearing Date: 10/22/2024 Hearing Time: 9:00 AM Appeal Number: 2008243902 Agent (if applicable): Room Number: 1 - Assessor's Office Petitioner's Name: FUTURE LEGENDS LLC The Petitioner was: ❑ Present ❑■ Not Present Represented by: Assessor Representative: LCH Assessor's Actual Value: $2,569,315 Petitioner(s) presented the following testimony and documents in support of their claim: (Please explain fully.) Description and comments regarding assets as approximated by Assessor. Notice of bankruptcy filing for "Future Legends 5 LLC". Petitioner's Value: $ 0 The assessor presented the following testimony and documents in support of the Assessor's position: (Check all that apply) ❑ data from sales of comparable properties which sold during the base year (or extended base year) • calculation of the cost approach ❑ valuation using the income approach ❑ other (Please explain fully.) Petitioner in operation as of 1/1/24. Petitioner did not provide Personal Property equipment list for assessment. Information obtained based on permitting from Windsor. Appraiser consulted with real property appraiser to prevent double assessment. Petitioner did not provide information to consider income approach. Assessor's Recommended Value: $ 2,569,315 Independent Referee's Comments: (Provide attachments as necessary.) Notice of bankruptcy filing did not include "Future Legends LLC" as party or as d/b/a and thus not applicable. Referee reviewed operation date and leased items and appraiser indicated that leased items not included in valuation. IT IS THEREFORE RECOMMENDED that for the above stated reasons, the appreal of the Petitioner(s) to the Weld County Board of Equalization be: ❑ ADJUSTED ❑■ DENIED IN FULL ❑ DENIED IN PART ❑ STIPULATED ❑ WITHDRAWN* VALUE* *on a separate form The Actual Value of the Property is Determined to be - Total $ 2,569,315 William F. Garcia Digitally signed by William F. Garcia 10/22/2024 Independent Referee Signature: Date: 2024.10.22 09:56:42 -06'00' Date: Senior Independent Referee Decision Reason for Change: Senior Independent Referee Revised Value: Total $ Date: BOARD OF EQUALIZATION HEARING/FINDINGS FORM Account Number: P3307406 Primary Owner OWENS-BROCKWAY GLASS CONTAINER INC PO BOX 2629 ADDISON, TX 75001-2629 Property Address: 11133 COUNTY ROAD 64 1/2 WINDSOR Hearing Date: 10/18/2024 Hearing Time: 10:00 AM Appeal Number: 2008243905 Agent (if applicable): KROLL LLC PO BOX 2629 ADDISON, TX 75001-2629 Room Number: 1 - Assessor's Office Petitioner's Name: OWENS-BROCKWAY GLASS CONTAINER INC The Petitioner was: ❑ Present 0 Not Present Represented by: KROLL LLC Assessor Representative: SPM Assessor's Actual Value: $27,151,995 Petitioner(s) presented the following testimony and documents in support of their claim: (Please explain fully.) Agent letter with disclosure of additional equipment related to furnace rebuild. Petitioner's Value: $ 18,171,995 The assessor presented the following testimony and documents in support of the Assessor's position: (Check all that apply) ❑ data from sales of comparable properties which sold during the base year (or extended base year) O calculation of the cost approach ❑ valuation using the income approach ❑ other (Please explain fully.) Cost approach applied. Sales and income not applied as adequate data not available. Supplemental to Appraisal Report provided based on Petitioner's report of previously omitted property. Assessor's Recommended Value: $ 51,134,585 Independent Referee's Comments: (Provide attachments as necessary.) Furnace rebuild considered as well as omitted 2023 assets. 8 year life considered for depreciation. IT IS THEREFORE RECOMMENDED that for the above stated reasons, the appreal of the Petitioner(s) to the Weld County Board of Equalization be: ❑ ADJUSTED 0 DENIED IN FULL ❑ DENIED IN PART ❑ STIPULATED ❑ WITHDRAWN* VALUE* *on a separate form The Actual Value of the Property is Determined to be - Total $ 51,134,585 William F. Garcia Digitally signed by William F. Garcia 10/18/2024 Independent Referee Signature: Date: 2024.10.18 11:21:42 -06'00' Date: Senior Independent Referee Decision Reason for Change: Senior Independent Referee Revised Value: Total $ Date: BOARD OF EQUALIZATION HEARING/FINDINGS FORM Account Number: R0055687 Appeal Number: 2008243938 Primary Owner WEST MARTIN R 2735 SILVER CREEK DR FORT COLLINS, CO 80525-2339 Property Address: 905 MAIN ST WINDSOR Hearing Date: 10/14/2024 Hearing Time: 2:00 PM Agent (if applicable): Room Number: 1 - Assessor's Office Petitioner's Name: WEST MARTIN R The Petitioner was: ❑■ Present ❑ Not Present Represented by: Assessor Representative: SAG Assessor's Actual Value: $540,000 Petitioner(s) presented the following testimony and documents in support of their claim: (Please explain fully.) Letter with Johnstown comp. Argument that limited comps and structure built in 1899 make market and cost approaches unreasonable. Income approach based on current lease on property. Petitioner's Value: $ 375,000 The assessor presented the following testimony and documents in support of the Assessor's position: (Check all that apply) • data from sales of comparable properties which sold during the base year (or extended base year) ❑ calculation of the cost approach ❑ valuation using the income approach • other (Please explain fully.) Agreement on not using cost approach. Comps presented from Windsor that are adjusted to time and conditions. Insufficient valuation data to support income approach. Assessor's Recommended Value: $ 540,000 Independent Referee's Comments: (Provide attachments as necessary.) Market approach with adjustments provides the most supported information. IT IS THEREFORE RECOMMENDED that for the above stated reasons, the appreal of the Petitioner(s) to the Weld County Board of Equalization be: ❑ ADJUSTED ❑■ DENIED IN FULL ❑ DENIED IN PART ❑ STIPULATED ❑ WITHDRAWN* VALUE* *on a separate form The Actual Value of the Property is Determined to be - Total $ 540,000 Independent Referee Signature:William F. Garcia Digitally signed by William F. Garcia Date: 2024.10.14 16:30:23 -06'00' Date: 10/14/2024 Senior Independent Referee Decision Reason for Change: Senior Independent Referee Revised Value: Total $ Date: BOARD OF EQUALIZATION HEARING/FINDINGS FORM Account Number: R0277395 Primary Owner HAMPTON YARD 10 LLC 3200 E CHERRY CREEK SOUTH DR STE 630 DENVER, CO 80209-3247 Property Address: 4738 GRAND VIEW BLVD DACONO Hearing Date: 10/14/2024 Hearing Time: 2:30 PM Appeal Number: 2008243934 Agent (if applicable): STERLING PROPERTY TAX SPECIALISTS BARBARA GONZALES 950 S CHERRY ST STE 320 DENVER, CO 80246-2663 Room Number: 1 - Assessor's Office Petitioner's Name: HAMPTON YARD 10 LLC The Petitioner was: ❑■ Present ❑ Not Present Represented by: STERLING PROPERTY TAX SPECIALISTS Assessor Representative: MLC Assessor's Actual Value: $1,620,000 Petitioner(s) presented the following testimony and documents in support of their claim: (Please explain fully.) Letter with position and supplement, including letter from Dacono Planning Manager regarding land use requirements. Petitioner's Value: $ 395,600 The assessor presented the following testimony and documents in support of the Assessor's position: (Check all that apply) ❑■ data from sales of comparable properties which sold during the base year (or extended base year) ❑■ calculation of the cost approach ❑■ valuation using the income approach ❑ other (Please explain fully.) Dacono municipal land codes, zoning map, lease comp summary and original listing. Assessor's Recommended Value: $1,106,821 Independent Referee's Comments: (Provide attachments as necessary.) Property purchased within window for $2,700,000 on 5/17/22. Limiting factors based on development agreement could have been learned before sale which likely would have lowered purchase price. Assessor's value is low but accepted by Referee. IT IS THEREFORE RECOMMENDED that for the above stated reasons, the appreal of the Petitioner(s) to the Weld County Board of Equalization be: ❑ ADJUSTED ❑■ DENIED IN FULL ❑ DENIED IN PART ❑ STIPULATED ❑ WITHDRAWN* VALUE* *on a separate form The Actual Value of the Property is Determined to be - Total $1,106,821 Independent Referee Signature:William F. Garcia Digitally signed by William F. Garcia Date: 2024.10.18 11:05:20 -06'00' Senior Independent Referee Decision Reason for Change: Senior Independent Referee Revised Value: Total $ Date: 10/14/2024 Date: BOARD OF EQUALIZATION HEARING/FINDINGS FORM Account Number: R4060986 Primary Owner CST METRO LLC PO BOX 52085 PHOENIX, AZ 85072-2085 Property Address: 113 N 2ND ST LA SALLE Hearing Date: 10/18/2024 Hearing Time: 10:30 AM Appeal Number: 2008243910 Agent (if applicable): DELTA PROPERTY TAX ADVISORS LLC SALLY PAUL PO BOX 1119 DRIPPING SPRINGS, TX 78620-1119 Room Number: 1 - Assessor's Office Petitioner's Name: CST METRO LLC The Petitioner was: ❑ Present ❑■ Not Present Represented by: DELTA PROPERTY TAX ADVISORS LLC Assessor Representative: TPR Assessor's Actual Value: $845,200 Petitioner(s) presented the following testimony and documents in support of their claim: (Please explain fully.) Cost approach worksheet. Petitioner's Value: $ 279,375 The assessor presented the following testimony and documents in support of the Assessor's position: (Check all that apply) ❑■ data from sales of comparable properties which sold during the base year (or extended base year) ❑■ calculation of the cost approach ❑■ valuation using the income approach ❑ other (Please explain fully.) Sufficient sales support market approach. Assessor's Recommended Value: $ 845,200 Independent Referee's Comments: (Provide attachments as necessary.) Cost approach not preferred for facility built in 1988, remodeled in 2010. Petitioner's cost approach worksheet contains inaccurate classification and depreciation rate. IT IS THEREFORE RECOMMENDED that for the above stated reasons, the appreal of the Petitioner(s) to the Weld County Board of Equalization be: ❑ ADJUSTED ❑■ DENIED IN FULL ❑ DENIED IN PART ❑ STIPULATED ❑ WITHDRAWN* VALUE* *on a separate form The Actual Value of the Property is Determined to be - Total $ 845,200 Independent Referee Signature:William F. Garcia Digitally signed by William F. Garcia Date: 2024.10.18 11:33:03 -06'00' Senior Independent Referee Decision Reason for Change: Senior Independent Referee Revised Value: Total $ Date: 10/18/2024 Date: BOARD OF EQUALIZATION HEARING/FINDINGS FORM Account Number: R5610086 Appeal Number: 2008243911 Primary Owner Agent (if applicable): CIRCLE K STORES INC DELTA PROPERTY TAX ADVISORS LLC C/O PROPERTY TAX DC17 SALLY PAUL PO BOX 52085 PO BOX 1119 PHOENIX, AZ 85072-2085 DRIPPING SPRINGS, TX 78620-1119 Property Address: 10963 W INTERSTATE 25 FRONTAGE RD WELD Hearing Date: 10/18/2024 Hearing Time: 10:30 AM Room Number: 1 - Assessor's Office Petitioner's Name: CIRCLE K STORES INC The Petitioner was: ❑ Present ❑■ Not Present Represented by: DELTA PROPERTY TAX ADVISORS LLC Assessor Representative: TPR Assessor's Actual Value: $2,745,600 Petitioner(s) presented the following testimony and documents in support of their claim: (Please explain fully.) Cost approach worksheet. Petitioner's Value: $ 1,810,084 The assessor presented the following testimony and documents in support of the Assessor's position: (Check all that apply) ❑■ data from sales of comparable properties which sold during the base year (or extended base year) ❑■ calculation of the cost approach ❑■ valuation using the income approach ❑ other (Please explain fully.) Sufficient market data supports market approach. Cost approach supports value. Assessor's Recommended Value: $ 2,745,600 Independent Referee's Comments: (Provide attachments as necessary.) Cost approach not preferred for facility built in 1985, remodeled in 2011. Petitioner's cost approach worksheet contains inaccurate classification and depreciation rate. IT IS THEREFORE RECOMMENDED that for the above stated reasons, the appreal of the Petitioner(s) to the Weld County Board of Equalization be: ❑ ADJUSTED ❑■ DENIED IN FULL ❑ DENIED IN PART ❑ STIPULATED ❑ WITHDRAWN* VALUE* *on a separate form The Actual Value of the Property is Determined to be - Total $ 2,745,600 Independent Referee Signature:William F. Garcia Digitally signed by William F. Garcia Date: 2024.10.18 11:38:31 -06'00' Senior Independent Referee Decision Reason for Change: Senior Independent Referee Revised Value: Total $ Date: 10/18/2024 Date: BOARD OF EQUALIZATION HEARING/FINDINGS FORM Account Number: R6779756 Primary Owner VALERO DIAMOND METRO INC 19500 BULVERDE RD SAN ANTONIO, TX 78259-3707 Property Address: 101 DENVER AVE FORT LUPTON Hearing Date: 10/18/2024 Hearing Time: 10:30 AM Appeal Number: 2008243913 Agent (if applicable): DELTA PROPERTY TAX ADVISORS LLC SALLY PAUL PO BOX 1119 DRIPPING SPRINGS, TX 78620-1119 Room Number: 1 - Assessor's Office Petitioner's Name: VALERO DIAMOND METRO INC The Petitioner was: ❑ Present ❑■ Not Present Represented by: DELTA PROPERTY TAX ADVISORS LLC Assessor Representative: TPR Assessor's Actual Value: $1,323,000 Petitioner(s) presented the following testimony and documents in support of their claim: (Please explain fully.) Cost worksheet Petitioner's Value: $ 314,998 The assessor presented the following testimony and documents in support of the Assessor's position: (Check all that apply) ❑■ data from sales of comparable properties which sold during the base year (or extended base year) ❑■ calculation of the cost approach ❑■ valuation using the income approach ❑ other (Please explain fully.) Sufficient comparable sales to support market approach to value. Income approach supports market valuation. Assessor's Recommended Value: $1,323,000 Independent Referee's Comments: (Provide attachments as necessary.) Cost approach not preferred for facility built in 1986, remodeled in 2002. Petitioner's cost approach worksheet contains inaccurate classification and depreciation rate. IT IS THEREFORE RECOMMENDED that for the above stated reasons, the appreal of the Petitioner(s) to the Weld County Board of Equalization be: ❑ ADJUSTED ❑■ DENIED IN FULL ❑ DENIED IN PART ❑ STIPULATED ❑ WITHDRAWN* VALUE* *on a separate form The Actual Value of the Property is Determined to be - Total $1,323,000 Independent Referee Signature:William F. Garcia Digitally signed by William F. Garcia Date: 2024.10.18 11:53:46 -06'00' Senior Independent Referee Decision Reason for Change: Senior Independent Referee Revised Value: Total $ Date: 10/18/2024 Date: BOARD OF EQUALIZATION HEARING/FINDINGS FORM Account Number: R7949099 Primary Owner HAMPTON YARD 10 LLC 3200 E CHERRY CREEK SOUTH DR STE 630 DENVER, CO 80209-3247 Property Address: DACONO Hearing Date: 10/14/2024 Hearing Time: 2:30 PM Appeal Number: 2008243935 Agent (if applicable): STERLING PROPERTY TAX SPECIALISTS BARBARA GONZALES 950 S CHERRY ST STE 320 DENVER, CO 80246-2663 Room Number: 1 - Assessor's Office Petitioner's Name: HAMPTON YARD 10 LLC The Petitioner was: ❑■ Present ❑ Not Present Represented by: STERLING PROPERTY TAX SPECIALISTS Assessor Representative: MLC Assessor's Actual Value: $383,179 Petitioner(s) presented the following testimony and documents in support of their claim: (Please explain fully.) Consolidated -see R0277395 Petitioner's Value: $ 250,340 The assessor presented the following testimony and documents in support of the Assessor's position: (Check all that apply) ❑■ data from sales of comparable properties which sold during the base year (or extended base year) ❑■ calculation of the cost approach ❑■ valuation using the income approach ❑■ other (Please explain fully.) Consolidated -see R0277395 Assessor's Recommended Value: $ 383,179 Independent Referee's Comments: (Provide attachments as necessary.) Consolidated -see R0277395 IT IS THEREFORE RECOMMENDED that for the above stated reasons, the appreal of the Petitioner(s) to the Weld County Board of Equalization be: ❑ ADJUSTED ❑■ DENIED IN FULL ❑ DENIED IN PART ❑ STIPULATED ❑ WITHDRAWN* VALUE* *on a separate form The Actual Value of the Property is Determined to be - Total $ 383,179 Independent Referee signature:William F. Garcia Digitally signed by William F. Garcia Date: 2024.10.18 11:03:19 -06'00' Senior Independent Referee Decision Reason for Change: Senior Independent Referee Revised Value: Total $ Date: 10/14/2024 Date: BOARD OF EQUALIZATION HEARING/FINDINGS FORM Account Number: R8891500 Primary Owner BLEEKER CORY D 1163 COUNTY ROAD 13 BRIGHTON, CO 80603-9011 Property Address: 1163 COUNTY ROAD 13 WELD Hearing Date: 10/24/2024 Hearing Time: 9:00 AM Appeal Number: 2008243901 Agent (if applicable): Room Number: 1 - Assessor's Office Petitioner's Name: BLEEKER CORY D The Petitioner was: ❑ Present ❑■ Not Present Represented by: Assessor Representative: MMA Assessor's Actual Value: $574,492 Petitioner(s) presented the following testimony and documents in support of their claim: (Please explain fully.) 4 comps located near Keenesburg, Fort Lupton and Hudson. Petitioner's Value: $ 484,500 The assessor presented the following testimony and documents in support of the Assessor's position: (Check all that apply) • data from sales of comparable properties which sold during the base year (or extended base year) ❑ calculation of the cost approach ❑ valuation using the income approach ❑ other (Please explain fully.) Market Adjustment Grid which included Petitioner's comps and map of comps. Assessor's Recommended Value: $ 574,492 Independent Referee's Comments: (Provide attachments as necessary.) Petitioner's comps are not near 1-25. Subject property is also on CR 13 (Colorado Blvd.) and nearer to metro area. Assessor Comp 1 is on CR 13 and near subject property, with a net `)/0 adjustment of -6.1539%. Adjusted price/SF is higher than subject, but recommended value is supported by Comp 2 which is of lower quality than Comp 1. IT IS THEREFORE RECOMMENDED that for the above stated reasons, the appreal of the Petitioner(s) to the Weld County Board of Equalization be: ❑ ADJUSTED ❑■ DENIED IN FULL ❑ DENIED IN PART ❑ STIPULATED ❑ WITHDRAWN* VALUE* *on a separate form The Actual Value of the Property is Determined to be - Total $ 574,492 Independent Referee Signature:William F. Garcia Digitally signed by William F. Garcia Date: 2024.10.24 09:32:47 -06'00' Date: 10/24/2024 Senior Independent Referee Decision Reason for Change: Senior Independent Referee Revised Value: Total $ Date: BOARD OF EQUALIZATION HEARING/FINDINGS FORM Account Number: R8961736 Primary Owner CST METRO LLC PO BOX 52085 PHOENIX, AZ 85072-2085 Property Address: 2720 35TH AVE GREELEY Hearing Date: 10/18/2024 Hearing Time: 10:30 AM Appeal Number: 2008243912 Agent (if applicable): DELTA PROPERTY TAX ADVISORS LLC SALLY PAUL PO BOX 1119 DRIPPING SPRINGS, TX 78620-1119 Room Number: 1 - Assessor's Office Petitioner's Name: CST METRO LLC The Petitioner was: ❑ Present ❑■ Not Present Represented by: DELTA PROPERTY TAX ADVISORS LLC Assessor Representative: TPR Assessor's Actual Value: $3,229,200 Petitioner(s) presented the following testimony and documents in support of their claim: (Please explain fully.) Cost worksheet. Petitioner's Value: $ 1,811,292 The assessor presented the following testimony and documents in support of the Assessor's position: (Check all that apply) ❑■ data from sales of comparable properties which sold during the base year (or extended base year) ❑■ calculation of the cost approach ❑■ valuation using the income approach ❑ other (Please explain fully.) Market approach presented with sufficient comparables. Cost approach of $3,160,522 considered with Income approach yielding value of $3,375,183. Assessor's Recommended Value: $ 3,229,200 Independent Referee's Comments: (Provide attachments as necessary.) Cost approach preferred for facility built in 2019. Petitioner's cost approach worksheet contains inaccurate classification and depreciation rate. IT IS THEREFORE RECOMMENDED that for the above stated reasons, the appreal of the Petitioner(s) to the Weld County Board of Equalization be: ❑ ADJUSTED ❑ DENIED IN FULL ❑■ DENIED IN PART ❑ STIPULATED ❑ WITHDRAWN* VALUE* *on a separate form The Actual Value of the Property is Determined to be - Total $ 3,160,522 Independent Referee Signature:Willlam F. Garcia Digitally signed by William F. Garcia Date: 2024.10.18 11:48:53 -06'00' Senior Independent Referee Decision Reason for Change: Senior Independent Referee Revised Value: Total $ Date: 10/18/2024 Date: BOARD OF EQUALIZATION HEARING/FINDINGS FORM Account Number: R8962115 Appeal Number: 2008243909 Primary Owner PADORA JOHN 1267 WILD BASIN RD SEVERANCE, CO 80550-2402 Property Address: 1267 WILD BASIN RD SEVERANCE Hearing Date: 10/14/2024 Hearing Time: 3:30 PM Agent (if applicable): Room Number: 8 - Virtual Petitioner's Name: PADORA JOHN The Petitioner was: ❑■ Present ❑ Not Present Represented by: Assessor Representative: MRA Assessor's Actual Value: $570,000 Petitioner(s) presented the following testimony and documents in support of their claim: (Please explain fully.) Petitioner presented list of comps and comments on assessor's comps. Petitioner emphasizes that comp lots have differing sq. ft. but same value. Also notes corner lots and superior views at comp. lots. Petitioner's Value: $ 502,000 The assessor presented the following testimony and documents in support of the Assessor's position: (Check all that apply) • data from sales of comparable properties which sold during the base year (or extended base year) ❑ calculation of the cost approach ❑ valuation using the income approach ❑ other (Please explain fully.) Property purchased in window and is time adjusted. Additional increase due to partial basement finish. 10 comps support value. Assessor's Recommended Value: $ 570,000 Independent Referee's Comments: (Provide attachments as necessary.) Petitioner confirms basement finish. Referee finds assessor's value supported. IT IS THEREFORE RECOMMENDED that for the above stated reasons, the appreal of the Petitioner(s) to the Weld County Board of Equalization be: ❑ ADJUSTED ❑■ DENIED IN FULL ❑ DENIED IN PART ❑ STIPULATED ❑ WITHDRAWN* VALUE* *on a separate form The Actual Value of the Property is Determined to be - Total $ 570,000 William F. Garcia Digitally signed by William F. Garcia 10/14/2024 Independent Referee Signature: Date: 2024.10.1416:38:25-06'00' Date: Senior Independent Referee Decision Reason for Change: Senior Independent Referee Revised Value: Total $ Date: Each individual appeal is retained in the Assessor's Office software, Realware, and available upon request. Please contact the Weld County Clerk to the Board's Office in service of the County Board of Equalization. weld-cboe@weld.gov (970) 400-4225 Hello