Loading...
HomeMy WebLinkAbout20251988.tiffResolution Approve Tax Incentive Agreement Pursuant to C.R.S. §30-11-123 and Authorize Chair,to Sign — The Scotts Company, LLC, dba Hyponex Corporation 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 has been presented with a Tax Incentive Agreement Pursuant to C.R.S. §30-11-123 between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Department of Finance, and The Scotts Company, LLC, dba Hyponex Corporation, commencing upon full execution of signatures, with further terms and conditions being as stated in said agreement, and Whereas, after review, the Board deems it advisable to approve said agreement, a copy of which is attached hereto and incorporated herein by reference. Now, therefore, be it resolved by the Board of County Commissioners of Weld County, Colorado, that the Tax Incentive Agreement Pursuant to C.R.S. §30-11-123 between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Department of Finance, and The Scotts Company, LLC, dba Hyponex Corporation, be, and hereby is, approved. Be it further resolved by the Board that the Chair be, and hereby is, authorized to sign said agreement. The Board of County Commissioners of Weld County, Colorado, approved the above and foregoing Resolution, on motion duly made and seconded, by the following vote on the 14th day of July, A.D., 2025: Perry L. Buck, Chair: Aye Scott K. James, Pro-Tem: Aye Jason S. Maxey: Aye Lynette Peppier: Excused Kevin D. Ross: Excused Approved as to Form: Bruce Barker, County Attorney Attest: Esther E. Gesick, Clerk to the Board cc. FI(cP/ss/KS/So) gcTCRok0, Cpl (BB/KK) off/06/25 2025-1988 F10082 Coniva 6(D -14-g-1445 BOARD OF COUNTY COMMISSIONERS PASS -AROUND REVIEW PASS -AROUND TITLE: Partial Personal Property Tax Rebate Request — The Scotts Company, LLC (dba Hyponex Corporation) DEPARTMENT: Finance DATE: June 25, 2025 PERSON REQUESTING: Cheryl Pattelli Brief description of the problem/issue: Upstate is confidentially working with The Scotts Company LLC, a company that manufactures, packages, and distributes wholesale landscaping/gardening materials. The proposed operation will specialize in the production of bagged soils and mulch, which will be distributed across the mountain west region. The company is based in Ohio, but also has an existing facility in Fountain, CO that will be relocating operations to the expanded/new facility in Weld County. The relocated portion of this project has been excluded from the PPT request, and only the net new investment and employment has been stated by the company on the Project Information Form. The Scotts Company is constructing a new facility at 1338 CR 38, Brighton, CO 80603, which is in unincorporated Weld County and adjacent to Lochbuie. The property is 40 acres, and the company will build a new 70,000 square foot facility. The manufacturing and packaging operation is targeting May/June 2026 to be operational. The project is being permitted in the county and upon completion of the site improvements, The Scotts Company will annex into the Town of Lochbuie. As part of The Scotts Company's consideration of constructing a new production facility, the company is looking to access any assistance/resources that may be available to them. Based on the company's estimated equipment investment of $9M, a Weld County partial personal property tax rebate is estimated at $104,881 over 10 -years (depreciation schedule attached). Upstate has been working with Weld County planning, since the project will be permitted in the county, as well as Town of Lochbuias staff regarding this project to ensure coordinated efforts and alignment. The Town of Lochbuie is in support to the project, and staff has expressed excitement for the positive economic impact from the long-term investment and employment. Since the project will annex into the Town of Lochbuie after the completion of site improvements, the project does not qualify for local assistance but could potentially be considered for future expansions. The proposed building is in the Enterprise Zone (based on the 2025 boundary, and the anticipated 2026boundary), and the company may also be able to take advantage of Colorado First/Existing Industries Training Grants. This project is not eligible for state incentives (JGITC or the Strategic Fund) since this project is not considering other states. The proposed manufacturing, packaging, and distribution project meets the Weld PP tax rebate criteria of establishing a new business facility, investing in $1M+ of new equipment, strengthening the county's primary employment base by creating new jobs that are at/above the county average wage, and further diversifying our manufacturing industry sector. The company's annual average wage ($77,500/year) is 118% of the Weld County average wage and the company pays 75% of employee health premiums. The proposed expansion of Charm Industrial's operations meets the Weld PP tax rebate criteria of establishing/expanding a new business facility, investing in $1M+ of new equipment, strengthening the county's primary employment base, and further growing the manufacturing industry sector in Weld County. The company's facility annual average wage ($100,000/year) is 152% of the 2025 Weld County average wage ($65,767). The company also pays 100% of employee health premiums. Please see the attached letter from Upstate and supporting documentation for more detail about the project and the personal property tax rebate request. What options exist for the Board? 1) Approve the PPT request. Direct Finance to work with Upstate Colorado on agreement with The Scotts Company, LLC, that will be brought to an upcoming BOCC meeting for approval. If approved at BOCC. Finance will include the additional $104,881 transfer from the General Fund to the Economic Development Fund in the mid -year supplemental budget request. This transfer will be needed to fund the PPT rebate 2) Do not approve the request Consequences and Impacts: see attached documentation Costs (Current Fiscal Year / Ongoing or Subsequent Fiscal Years): Estlmald $104.881 over 10 -years Recommendation: Weld County Finance, along with Upstate, recommends the Board approve Intersand America's PPT rebate request. Support Recommendation Schedule Place on BOCC Agenda Work Session Other/Comments: Perry L. Buck Scott K. James Jason S. Maxey Lynette Peppier Kevin D. Ross 2025-1988 7/14 VI 001Z AGREEMENT PURSUANT TO C.R.S. & 30-1,,11-�-123 THIS AGREEMENT is made and entered into this 'day of July, 2025, by and between the County of Weld, a body corporate and politic of the state of Colorado, by and through the Board of County Commissioners of the County of Weld, whose address is P.O. Box 758, 1150 O Street, Greeley, CO 80632, hereinafter referred to as, "Taxing Authority," and The Scotts Company LLC whose corporate address is 14111 Scottslawn Road, Marysville, OH 43041 hereinafter referred to as, "Taxpayer." WITNESSETH: WHEREAS, Taxing Authority desires to promote economic development within Weld County, Colorado, for the purposes of generating employment opportunities for residents of Weld County, thereby stimulating the economic well-being of Weld County's citizens, and WHEREAS, C.R.S. § 30-11-123 provides that the Taxing Authority may negotiate incentive payments to taxpayers who establish new business facilities or who expand existing business facilities, and WHEREAS, Taxpayer represents that it has invested or intends to invest in qualifying personal property and wishes to receive the incentive payment benefits available pursuant to C.R.S. § 30-11-123, and WHEREAS, Taxpayer has been determined to be currently eligible to receive the incentive payment benefits available pursuant to C.R.S. § 30-11-123, and pursuant to the Board of County Commissioners' policy concerning incentive payments passed by Resolution on February 20, 1991 ("Resolution of the Taxing Authority"). NOW, THEREFORE, the parties hereto hereby agree to the following: 1. Subject to annual appropriation by Taxing Authority, fifty -percent (50%) of the amount of personal property taxes paid by the Taxpayer for personal property located at Taxpayer's Facility at 1338 County Road 39, Brighton, Colorado ("the Facility"), placed into service in Weld County in: a. 2026, and appearing on the personal property declaration schedule submitted by the Taxpayer to the Weld County Assessor, which personal property has not appeared on previous schedules, shall be paid to the Taxpayer by the Taxing Authority for the ten (10) tax years beginning 2026 and ending 2035 (hereinafter referred to as, "10 -Year Term"). All tax incentive payments made pursuant to this Agreement shall hereinafter be referred to as, "Tax Incentive Payments." Taxpayer shall submit to the Weld County Assessor an affidavit certifying the aggregate cost and year of acquisition of Taxpayer's personal property that, to Taxpayer's best knowledge, information and belief, qualifies for incentive payments under C.R.S. § 30-11-123, for the 10 -Year Term. The amounts so certified shall 1 be subject to review by the Weld County Assessor. 2. Tax Incentive Payments shall be made by Taxing Authority only upon appropriation, and only if: a. All taxes and assessments levied and assessed on Taxpayer by Taxing Authority for Facility are current, and b. In each year of this Agreement, Taxpayer remains eligible to receive the Tax Incentive Payments under criteria established in C.R.S. § 30-11-123 and the Resolution of the Taxing Authority, and c. Tax Incentive Payments are not calculated as being part of the Weld County Home Rule five percent (5%) property tax limitation or State of Colorado property tax limitation. 3. Any appropriated Tax Incentive Payments shall be made to Taxpayer by Taxing Authority within 90 days of receipt of full payment by the Taxpayer of all personal property taxes due and receipt of an affidavit from the Taxpayer stating that the Taxpayer remains eligible for such payment pursuant to C.R.S. § 30-11-123 and the Resolution of Taxing Authority. 4. The Tax Incentive Payments shall not be made by Taxing Authority if an amendment to the Colorado Constitution limiting property taxes is subsequently passed after the date of this Agreement, or if a court of competent jurisdiction declares any portion of this Agreement, C.R.S. § 30-11-123 (as may be amended), or the Resolution of the Taxing Authority, to be invalid or unconstitutional. 5. Any Tax Incentive Payments made under this Agreement that are determined not to be legal under the laws of the State of Colorado or are determined to be part of the Weld County Home Rule five percent (5%) property tax limitation or State of Colorado property tax limitation, shall be repaid to Weld County. 6. TAX INCENTIVE PAYMENTS TO TAXPAYER SHALL ONLY BE MADE TO THE EXTENT REVENUES ARE AVAILABLE AND APPROPRIATED IN EACH OF THE TEN (10) TAX YEARS OF THE 10 -YEAR TERM. 7. This Agreement is not assignable. 8. Acceptance of any Tax Incentive Payment by Taxpayer constitutes agreement by both parties to fund the Tax Incentive Payment for the tax year involved. 9. Claim for a Tax Incentive Payment must be submitted to Taxing Authority by Taxpayer by October 1st of each year or Taxpayer waives the right to receive payment for that year. 2 10. Taxpayer agrees that it shall attempt to use reasonable efforts to ensure that a minimum of fifty percent (50%) of its workforce employed at the Facility are Weld County residents during the terms of this Agreement. 11. All notices required or permitted under this Agreement shall be given in writing and shall be effective when delivered in the case of hand delivery, when transmitted, in the case of facsimile transmission or five days after mailing, when mailed, provided that mailed notices shall be sent by certified mail, return receipt requested. Notices shall be sent to the following addressees at the following addresses or facsimile numbers or to such other addressees, addresses or facsimile numbers as a party may designate from time to time by notice given pursuant to this paragraph: If to the County: Board of County Commissioners P.O. Box 758 Greeley, CO 80632 With a Copy to: Weld County Attorney 1150 O Street Greeley, CO 80632 If to Taxpayer: Brad Chelton VP - Treasury, Tax & Investor Relations The Scotts Company LLC 14111 Scottslawn Road Marysville, OH 43041 12. Each of the parties will execute and deliver such other instruments and documents and will take all such other actions as the other party may reasonably request and as may reasonably be required in order to effectuate the purpose of this Agreement and to carry out its terms. 13. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. 14. This Agreement constitutes the entire agreement between the parties and supersedes and replaces all prior and contemporaneous agreements, representations, both written and oral, between the parties with respect to the subject matter of this Agreement. No variation of modification of this Agreement, and the waiver of the Agreement's provisions or conditions, shall be binding unless made in writing and signed by duly authorized officers of the County and Taxpayer. As permitted hereunder, this Agreement shall be binding upon, and inure to the benefit of, the parties and their respective successors and assigns. This Agreement shall be governed by and construed according to the laws of the state of Colorado. 3 15. It is expressly understood and agreed that the enforcement of the terms and conditions of this Agreement, and all rights of action relating to such enforcement, shall be strictly reserved to the undersigned parties and nothing in this Agreement shall give or allow any claim or right of action whatsoever by any other person not included in this Agreement. It is the express intention of the undersigned parties that any entity other than the undersigned parties receiving services or benefits under this Agreement shall be an incidental beneficiary only. The above and foregoing Agreement was hereby approved on the day of July A.D., 2025. ATTEST: � Jei";(1 Weld County Clerk to the Board BY: Deputy Clerk to the Bo APPROVED AS TO FUND i CFO APPROVED AS TO FORM: County Attorney BOARD OF COUNTY COMMISSIONERS WECOUNTY, COLORADO uck, Chair JUL 1 4 2025 OVED AS TO SUBSTANCE: cted Official or Department Head TAXPAYER: The Scotts Company LLC 13-PI#41'..— By: Brad Chelton, VP - Treasury, Tax & Investor Relations 4 ZOZS- 195S$ June 24, 2025 Cheryl Pattelli Chief Financial Officer Weld County Government (970) 400-4451 coattelli@weld.gov RE: Weld County Partial Personal Property Tax Rebate Request Dear Cheryl, Upstate is confidentially working with The Scotts Company LLC, a company that manufactures, packages, and distributes wholesale landscaping/gardening materials. The proposed operation will specialize in the production of bagged soils and mulch, which will be distributed across the mountain west region. The company is based in Ohio, but also has an existing facility in Fountain, CO that will be relocating operations to the expanded/new facility in Weld County. The relocated portion of this project has been excluded from the PPT request, and only the net new investment and employment has been stated by the company on the Project Information.Form. The Scotts Company isconstructing a new facility at 1338 CR 38, Brighton, CO 80603, which is in unincorporated Weld County and adjacent to Lochbuie. The property is 40 acres, and the company will build a new 70,000 square foot facility. The manufacturing and packaging operation is targeting May/June 2026 to be operational. The project is being permitted in the county and upon completion of the site improvements, The Scotts Company will annex into the Town of Lochbuie. The attached Project Information Form reflects the total estimated project investment at $39M; of which $9M will be new equipment. The Scotts Company's new facility will be hiring 19 new full-time employees in Weld County and Lochbuie. The company anticipates a facility average wage of $77,500/year or $37.26/hour, which is 118% of the Weld County average wage ($65,767/year or $31.62/hour — 2025, most current). The average production wage is estimated at $31.73/hour, which also exceeds the county average wage. The company estimates that 65% of their employment will reside in Weld County due to the nature of the jobs and the location of the new operation. As part of The Scotts Company's consideration of constructing a new production facility, the company is looking to access any assistance/resources that may be available to them. Based on the company's estimated equipment investment of $9M, a Weld County partial personal property tax rebate is estimated at $104,881 over 10 -years (depreciation schedule attached). Upstate has been working with Weld County planning, since the project will be permitted in the county, as well as Town of Lochbuie's staff regarding this project to ensure coordinated efforts and alignment. The Town of Lochbuie is in support to the project, and staff has expressed excitement for the positive economic impact from the long-term investment and employment. Since the project will annex into the Town of Lochbuie after the completion of site improvements, the project does not qualify for local assistance but could potentially be considered for future expansions. Attached is a support letter from the Town of Lochbuie to show their alignment with the county and this project. 2 The proposed building is in the Enterprise Zone (based on the 2025 boundary, and the anticipated 2026 boundary), and the company may also be able to take advantage of Colorado First/Existing Industries Training Grants. This project is not eligible for state incentives (JGITC or the Strategic Fund) since this project is not considering other states. The proposed manufacturing, packaging, and distribution project meets the Weld PP tax rebate criteria of establishing a new business facility, investing in $1M+ of new equipment, strengthening the county's primary employment base by creating new jobs that are at/above the county average wage, and further diversifying our manufacturing industry sector. The company's annual average wage ($77,500/year) is 118% of the Weld County average wage and the company pays 75% of employee health premiums. Please let me know if the Commissioners would consider a 50% Personal Property Tax Rebate for The Scotts Company. I am happy to provide additional information and/or answer any questions you or the Commissioners may have. Thank you so much! Best, Audrey Herbison Director of Economic Development Upstate Colorado Economic Development (970)909-2889 aherbison@upstatecolorado.org 3 WELD COUNTY PROJECT INFORMATION FORM Please Note: Phase 1 = Years 1-2; Phase 2 = Years 3-5 Comlany Name' The Scotts Company LLC dba Hyponex Corporation C O a a�i -, k Please provide a brief project description (facility function, relocation, expansion, consolidation, etc.) below: This manufacturing facility will produce bagged soils and mulch for consumer use. Which of the following functions does the company derive 50+% of its income from: QManufacturing/Processing; Warehouse/Distribution; Research & Development; ■Call Center/Tech Support; Office/Administrative; Service Center; Other Primary NAICS Code: (ifknown) Is 25% or more of annual gross income from direct retail sales? Yes O No Est. % of annual sales outside of Weld? 99 Wa Total Est. Investment (phase 1 building/land/equipment): $ 39,000,000 Acres Needed: 40 Required Zoning: Industrial Est. Investment: $ unknown - leased property Annexation Required? E✓ Yes No Address/Legal Description: 1338 Co Rd 39, Brighton, CO 80603 O, ; — co Existing Building ✓ New Construction (Phase 2-ifapplicable) Phase 1 Size: ?0,000 sq. ft. Phase 2 Size: n/a sq. ft. Phase 1 investment: $ 30,000,000 Phase 2 Investment: $ n/a § C `(6,° ' t`.+ � .' Please indicated unique/large infrastructure requirements below or list as 'typical industrial use': Water (potable/non-potable; line size; gallons/day, etc.?): well water for now. Estimate 100 gpm. Estimate 8 inch main Sewer (line size; pretreatment, etc.?): No sewer right away. Septic tank for now. Gas (volume, etc.?): Propane tank on site. Estimate 1000 gallon tank. One tank per month. For office heating. Electrical (amps; peak demand, etc:?). 2500 amp service. 1500 amp peak demand Oct - June Rail Required: Yes Wil No E a w Est. Phase 1 New Equipment (depreciable personal property) Investment: $ 9,000,000 Est. Phase 2 New Equipment (depreciable personal property) Investment: $ n/a Est. Value of existing equipment to be relocated: $ 500,000 4 ,,,, "? N. _ o m' E Existing Employment (if applicable) Existing Full-time Weld jobs: 0 Existing Part-time Weld Jobs: 0 New Employment - Phase 1(Years 12) New Employment - Phase 2 (Years 3-5) If applicable New Full-time Jobs: 19 New Full-time Jobs: n/a New Part-time Jobs: 5 New Part-time Jobs: n/a New Construction Jobs: n/a Existing Colo. Full-time Jobs Relocating to Proposed Facility: 12 ; from where? Fountain, CO Existing Colo. Part-time Jobs Relocating to Proposed Facility: 0 ; from where? Wage/Benefit Information Est. facility -wide, annual average wage at proposed facility: $$77,500 /year (include facilitymgmt.) Est. average production wage at proposed facility: $31.73 9 P 9 P P tY� $ /hour Benefits are est. to be 35 ./0 of salary/wage I Company pays 75 % of employee health premium Other Employment Information Est. % of workforce that is/will be Weld resident: 65 %; Est. Training Cost/Employee: $ 3,000 Est. number of new Full-time Jobs created from Year 1 through Year 8: 19 a, -' 'v H Est. Construction Start: June 2025 Est. New Job Hiring Start: April 2026 Est. Operational Date: May/June 2026 Est. Phase 2 Start(ifapplicable): n/a 4-4 0_ Please add additional information or explanabbn below, as warranted: a ns p §" O i". Company Rep Name: Eric Peterson Title: Sr. Tax Analyst anc•Peterson@scotts.com scotts.com Email: p @ Phone: 937-644-0011 City/State: Marysville, OH Zip: 43040 iril This information is accurate and complete to the best of my knowledge. Date: 06/11/2025 Thank you for your interest in locating/expanding in Weld County. For questions or assistance in completing this form please contact: Audrey Herbison, Director of Economic Development Ph: 970-356-4565 aherbison@upstatecolorado.org o, Cassidy Stubblefield, Enterprise Zone Administrator Ph: 970-356-4565 cstubblefield@upstatecolorado.org UPSTATECOLORADO ECONOMIC DEVELOPMENT 5 Personal Property Tax Refund Incentive Worksheet The Scotts Company 1338 County Road 39, Weld County June, 9095 Weld County may approve a refund of up to 50% of their portion of the tax paid on new personal property (equipment) first put into operation in Year 1, for up to 10 years. Below we've estimated taxes due on the new equipment and potential rebates based on the most current 2025 property mill levy. Based on confidential discussions with government officials, the below estimated refund calculation assumes that Weld County will approve a 50% refund request for 10 years. This refund is subject to formal government approval. Project Assumptions: New Equipment: $9,000,000 Location: 1338 CR 39 -- Tax Area 2497 Current Total Mill Levy: 53.202 mills Weld Levy - 15.956 mills Depreciation: Manufacturing Equipment - 10 year life average service life Assessment Factor: 27% of actual value 2025 Depreciation Schedule Equipment Value Assessed Value Tax Due 92./0 83% 75% 1338 CR 39 - Tax Area 2497 Current Mill Levy - 53.202 mills Taxing Jurisdictions: Aims Junior College - 6.305 mills; Central Colorado Water (CCW) - 1.017 mills; Central Colorado Water (CCS) -1.507 mills; High Plains Library - 3.179 mills; Hudson Fire - 9.242 mills; School District RE31-Keenesburg - 15.996 mills; Weld County -15.956 mills; West 66% 57% 49./. 40% 33% 26% 20% Yr.1 Yr.2 Yr.3 Yr.4 Yr.5 Yr.6 Yr.7 Yr.8 Yr.9 Yr.10 $9,000,000 2,430,000 2,235,600 2,016,900 1,822,500 1,603,800 1,385,100 1,190,700 972,000 801,900 631,800 486,000 118,938 107,303 96,961 85,325 73,690 63,348 51,712 42,663 33,613 25,856 10 YR TOTAL ESTIMATED PP TAX DUE: $699,409 Note: Above calculation does not include real property taxes (building 8 land). Entities able to refund: PP taxes to Weld County: 35,671 32,182 29,080 25,590 22,101 18,999 15,509 12,795 10,081 7,755 50% Rebate 17,836 16,091 14,540 12,795 11,050 9,499 7,755 6,398 5,041 3,877 10 YR TOTAL ESTIMATED PP TAX REFUND: $104,881 Weld County Refund Estimate Over 10 Years 6 -- '� -- TOWN OF LOCHBUIE LOCH f3U I E 703 WELD COUNTY ROAD 37 LOCHBUIE, COLORADO 80603 PHONE: (303) 655-9308 FAx: (303) 655-9312 June 23, 2025 Weld County Commissioners 1150 O Street PO Box 758 Greeley, CO 80631 Sent via: Upstate Colorado Subject: Project Jackalope Letter of Support Dear Weld County Commissioners, Please accept this letter in support of Project Jackalope request for a personal property tax incentive. The Town of Lochbuie believes Project Jackalope will benefit Weld County and supports the project's development within Lochbuie's growth area. As a Town, we have worked with the project team to develop agreements that allow the project to align with the Town's vision to bring jobs and new investment to the Town and southeast Weld County. We anticipate that this project will be the beginning of significant projects for our community and region. We look forward to continued partnerships and coordination between the Town and Weld County, specifically for projects that increase job opportunities, private investment, and additional beneficial indirect impacts for our region just as anticipated by Project Jackalope. We are pleased to support Project Jackalope and look forward to continuing to work in partnership with Weld County in this effort to bring quality projects to our region. Respectfully, ulF . Euckert Town Administrator Paula Mehle, AICP Economic Development Director 7 6/16/25, 4:41 PM Property Report r,T ND Weld County Property Information (970) 400-3650 PROPERTY PORTAL Technical Support (970) 400-4357 Account: R6409186 June 16, 2025 Account Information Local I School Account , Tax I Actual I Govt Account Parcel ; Type I Year i Buildings ! Value I Assessed Value Assessed I Value 1- , 1 I R6409186 147329000044 I Agricultural I 2025 I 1 345,462 28,400 ; 30,890 Legal 10859 S80A W OF RR 29 1 65 EXC BEG W4 COR OF SEC THENCE N0D45'E 810' THENCE S89D59'E 258' S0D45'W 840' SAID PT BEING 30'S OF E -W C/L THENCE N89D56'W 258' N0D45'E 30' TO BEG Subdivision Block I Lot r i I li Land Economic Area i EGON 5 RURAL Property Address j Property City Section Township I Range i i 1338 COUNTY ROAD 39 WELD 29 i 01 165 Owner(s) Account 1 Owner Name ' Address j R6409186 I DIRT FACTORY LLC 1338 COUNTY ROAD 39 BRIGHTON, CO 806039409 Valuation Information Type T ', Code ; Description Actual Value Local Govt Assessed Value School Assessed Value Acres Land SqF FARM/RANCH Improvement I 4277 RESIDENCE- 312,671 19,540 22,040 0.000 IMPS �. _ ------ FLOOD Land 4117 LAND IRRIGATED I 32,778 8,850 i 8,850 41.090 1,789,88 AGRICULTURAL Land Totals i j 4167 WASTELAND J 13 10 I 0 2.000 1, 87,12 - t - -- -__-_� - ---- - �- 345,462 28,400 , 30,890 43.090 ,, 1,877,00 https://propertyreport.weld.govnaccount=R6409186 1/2 6/16/25, 4:41 PM Property Report Comparable sales for your Residential or Commercial property may be found using our SALES SEARCH TOOL Values are updated annually on May 1st for Real Property and June 15th for Personal Property and Oil and Gas. Tax Authorities Tax District District Name I Area I ID 2497 0700 AIMS JUNIOR COLLEGE 2497 0302 I CENTRAL COLORADO WATER (CCW) Local School Govt Estimated Mill Mill Taxes Levy j Levy i 6.305 0.000 !, $179.06 1.017 ! 0.000 $28.88 CENTRAL COLORADO WATER 2497 0309 SUBDISTRICT (CCS) I 2497 l 1050 I HIGH PLAINS LIBRARY 2497 0509 I HUDSON FIRE 1.507 0.000 $42.80 1 3.179 i 0.000 $90.28 9.242 j 0.000- $262.47 SCHOOL DIST RE3J- 2497 j 0203 I � 0.000 j 15.996 j $494.12 KEENESBURG 2497 0100 WELD COUNTY 15.956 !: 0.000 $453.15 2497 1209 j WEST ADAMS CONSERVATION 0.000 ' 0.000 i $0.00 i Total - - 37.206 15.996 $1,550.77 The estimate of tax is based on the prior year mill levy and the 2025 projected assessment rates. Mill levies and tax estimates will be updated yearly on December 22nd for the current year. Additional information can be found at https://assessor.weld.gov Copyright © 2025 Weld County, Colorado. All rights reserved. Privacy Statement & Disclaimer I Accessibility Information 9 https://propertyreport.weld.gov/?account=R6409186 2/2 Contract Entity Information Entity Name* Entity ID UPSTATE COLORADO ECONOMIC @00000760 DEVELOPMENT Q New Entity? Contract Name* Contract ID PERSONAL PROPERTY TAX REBATE - AGREEMENT 9745 PURSUANT TO CRS 30-11-123 Contract Status CTB REVIEW' Contract Lead* CPATTELLI Contract Lead Email cpattelli@weld.gov Contract Description* PERSONAL PROPERTY TAX REBATE AGREEMENT WITH SCOTTS COMPANY LLC Contract Description 2 Contract Type AGREEMENT Amount $104,881.00 Renewable* NO Automatic Renewal Grant IGA Department FINANCE Department Email CM-Finance@weld.gov Department Head Email CM-Finance- DeptHead@weld.gov County Attorney GENERAL COUNTY ATTORNEY EMAIL County Attorney Email CM- COUNTYATTORNEY@WEL D.GOV Parent Contract ID Requires Board Approval YES Department Project # Requested BOCC Agenda Due Date Date* 07/10/2025 07/14/2025 Will a work session with BOCC be required?* NO Does Contract require Purchasing Dept. to be included? If this is a renewal enter previous Contract ID If this is part of a MSA enter MSA Contract ID Note: the Previous Contract Number and Master Services Agreement Number should be left blank if those contracts are not in O'1Base Contract Dates Effective Date Termination Notice Period Contact Information Contact Info Review Date* 07/10/2025 Committed Delivery Date Renewal Date Expiration Date* 07/31/2035 Contact Name Contact Type Contact Email Contact Phone 1 Contact Phone 2 Purchasing Purchasing Approver Purchasing Approved Date CONSENT 07/10/2025 Approval Process Department Head CHERYL PATTELLI DH Approved Date 07/10/2025 Final Approval BOCC Approved BOCC Signed Date BOCC Agenda Date 07/14/2025 Finance Approver CONSENT Legal Counsel CONSENT Finance Approved Date Legal Counsel Approved Date 07/10/2025 07/10/2025 Tyler Ref # AG 071425 Originator CPATTELLI Hello