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HomeMy WebLinkAbout20212007.tiffValu • tion Report Of Residential Improved Property For County Board of Equalization IVERSON TIM D Petitioner vs. Weld County Assessor's Office Respondent Docket Number: 2021-2008 Parcel Number: 080534400083/084/085 Schedule Number: R6780551/R6780552/R6780553 Appeal Number: 2008230162/63/64 Date: 2021-07-27 Time: 1:00 PM Board: 1 Prepared By Duane M Robson Assessor's Office Senior Appraiser Assessor's Indicated Value RESIDENTIAL $483,671 TOTAL: $483,671 Subject Photo General Description and Market Summary Subject Site and Improvements The subject property is located at 5 011 F St. in Weld County. The legal description of the property is PT 34-6-66 LotA and Lot B of Rec Exemption RE 11-0008. The subject is a frame aluminum residential improvement constructed in 1996. It has 1,510 square feet of finished living area above grade. There is 1 bedroom and 1 bathroom. The Assessor has classified the structure as a mixed residence and outbuilding of average quality construction. It shares common walls with a 1,626 square foot, good quality barn. There are an additional three outbuildings on the property of minor utility. The total land size is 83.092 acres and it is being valued as three separate parcels. There is an 8.0 acre parcel along with a 67.202 acre parcel. Both of these are vacant and consist of a former gravel mine that is now in the process of being reclaimed. There is also a 7.89 acre parcel that was not part of the mining operation. All the improvements are located on this parcel. The assessor's staff completed a physical inspection (exterior only) on August 25th, 2020. Market Approach Summary The subject property has been classified as Residential for assessment purposes. Residential property value shall be determined solely by consideration of the Market Approach to Value {39-1-103(5)(a), CRS As required by 39-1-104(10.2), CRS, the market value is determined by utilizing data from the period of one and one-half years immediately prior to June 3 0th, 2020. If sufficient comparable valuation data is not available within the eighteen -month time period, the assessor shall use market data from the five year period immediately prior to June 3 0th, 2020. When appropriate, all sales are to be time adjusted to the appraisal date of June 30th, 2 02 0. Although the appraisal date is June 30, 2020, the physical characteristics are reflective of the property as of January 1, 2021. The comparable sales in this report were selected using county records and the Multiple Listing Services. The Weld County Assessor's Office has verified that the comparable sales are arms -length transactions based on review of the Real Property Transfer Declaration, telephone or personal confirmation interviews and physical inspections to confirm property characteristics at the time of sale. DEFINITION OF MARKET VALUE: The most probable price, as of a specified date, in cash, or in terms equivalent to cash, or in other precisely revealed terms, for which the specified property rights should sell after reasonable exposure in a competitive market under all conditions requisite to a fair sale, with the buyer and seller each acting prudently, knowledgeably, and for self interest, and assuming that neither is under undue duress. {The Appraisal Institute} The market value of all three properties as of June 30th, 2020 is a total value of: Assessor's Indicated Value RESIDENTIAL $483,671 TOTAL: $483,671 of 6 R6780553 e nrr n.li n r fl a Cr d n a ea 9 - c o u" m in to " o A b .. .apse _, ®.. !-P1 E per,:.. ieraT4 :„ . 14;;F4cs! � �-� � pp^�� rm- a p.m ■ ! 711 �! lE k, ell L1:P!' • The total land size of this parcel is 7.89 acres. The two panhandles comprise 2.05 acres and are valued at $500/acre for a total value of $1,025. The remainder of the parcel is 5.84 acres valued at $34,026/acre for a value of $198,713. Total land value for this 7.89 acre parcel is $199,738. Sales used to value this parcel Account Sale Date Sale Price Acres $/acre R8947070 3/11/2019 $165,000 2 $82,500 R8957401 5/17/2019 $180,000 5.03 $35,785 R3346305 10/19/2018 $194,000 5.98 $32,441 R8959142 4/23/2020 $235,000 9.82 $23,931 Subject 5.84 $34,026 The total value of all three parcels is $4,000, $33,601, and $199,738 for a total combined land value of $237,339 for the 83.092 acres. 5 of 6 Improvements Building,Year Built Size (Sqft) 2019 2021 Residential portion of barn 1996 1,.510 51731098 $214,399 Outbuilding portion of barn 1996 1,626 $23,946 $21,726 i lay Shed 2009 735 $2,474 $1,996 Utility Bundling 1980 723 $2,364 $21523 Utility tilit Shed 1955 3,024 94,749 $5,688 Total $206,631 $2461332 Final Reconciliation For non -buildable land, the value was set at a minimal land value ($500/acre). For that portion of land that is buildable, the value was established using market sales of property with similar usable space. The outbuilding improvements were valued on a cost basis and depreciated accordingly. The residential improvement was valued using a market driven cost approach. Residences built within an outbuilding are unique and the sales of those tend to be scarce. The value was derived by calculating the replacement cost new, then depreciating the improvement to account for it's age. That value is then given an economic adjustment based on sales of all residential improvements in this area. Account Type Value R6780553 Land .4,000 R6780552 Land $33,601 R57805.51 Land $199/.738 X6780551 Improvements $246,332 Total Value $483,671 6of6 1✓G l i r L. ' Gvl Brenda Dones Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 NOTICE OF DETERMINATION RECEIVED JUL 1 3 2021 WELD COUNTY COMMISSIONERS Date of Notice: 6/30/2021 Telephone: (970) 400-3650 Fax: (970) 304-6433 Office Hours: 8:00AM - 5:00PM .--- _- - - - - - -.iii}'elia a s�,4p g-244 g3. S.t r.a`_ 4 �y ._ y .. i-.r:.r. T��' r"y. ID -v6 -h=lC h` 1. ACCOUNT NO. ". , .'T _''Z'"�".. �.--1J..=:T_ TAX. YEAR �: VL�.S; TAX Z�.."ia:.-�'✓�'SL�� AREA .�A�}:�'!1My��-�gT�o(���li:�f�'«.�. LEGAL _ DESCRIPT rv: - :.,. ` � i t -• : H i i • ,_ , rJ- LOs ATI ' # R6780552 2021 3888 PT 34 6 66 LOT B REC EXEMPT RECX11-0008 - P .t PER`rY OWNER EXC PT LYING WITHIN W2SE4NW4 SEC 34 IVERSON TIM D 5011 W F ST WELD GREELEY, CO 80631-9449 .. :-1► : r: -a". --r- . - -; - ---- _. r - - : ti _��-_ __ .. _-_ �_-� -•r - _ -. _ r - - ti - � ASSESSOR'S VALUATION .. PRCIPEI '-CL.ASSIFICATION ,if v ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER :..: REVIE1l1l. REVIEW RES 1AL .. 33,601 33,601 4 (re Yee. LA -A b - L/ v7 i .. . 33,601 33,601 The Assessor has carefully studied all available information, giving particular attention to the specifics included on your protest. The Assessor's determination of value after review is based on the following: Your property has been uniformly valued following Colorado law. Your protest of value has been denied due to comparison of other similar properties which sold during the Jan 2019 to June 2020 time period. If you disagree with the Assessor's decision, you have the right to appeal to the County Board of Equalization for further consideration, § 39-8-106(1)(a), C.R.S. The deadline for filing real property appeals is July 15. The Assessor establishes property values. The local taxing authorities (county, school district, city, fire protection, and other special districts) set mill levies. The mill levy requested by each taxing authority is based on a projected budget and the property tax revenue required to adequately fund the services it provides to its taxpayers. The local taxing authorities hold budget hearings in the fall. If you are concerned about mill levies, we recommend that you attend these budget hearings. Please refer to last yeas tax bill or ask your Assessor for a listing of the local taxing authorities. Please refer to the reverse side of this notice for additional information. Agent (If Applicable): 2021-2007 ASO 1O cjI 15-DPT-AR PR 207-08/13 R6780552 County Board of Equalization Hearings will be held from July 26th through August 5th at 1150 O Street. To appeal the Assessor's decision, complete the Petition to the County Board of Equalization shown below, and mail, file online, or deliver a copy of both sides of this form to: Weld County Board of Equalization 1150 O Street, P O. Box 758 Greeley, CO 80631 Telephone (970) 356-4000 ext, 4225 Online: www co weld.co.us/appsl/cboe/ To preserve your appeal rights, your Petition to the County Board of Equalization - must be postmarked or delivered on or before July 15 for real property — after such date, your right to appeal is lost. You may be required to prove that you filed a timely appeal; therefore, we recommend that all correspondence be mailed with proof of mailing. You will be notified of the date and time scheduled for your hearing. The County Board of Equalization must mail a written decision to you within five business days following the date of the -decision. The County Board of Equalization must conclude hearings and render decisions by August 5, § 39-8-107(2), C.R.S. If you do not receive a decision from the County Board of Equalization and you wish to continue your appeal, you must file an appeal with the Board of Assessment Appeals by September 10, § 39-2-125(1)(e), C.R.S. If you are dissatisfied with the County Board of Equalization's decision and you wish to continue your appeal, you must appeal within -30 days of the date of the County Board's written decision to ONE of the following: Board of Assessment Appeals District Court 1313 Sherman Street, Room 315 Contact the Distnct Court in the County Denver, CO 80203 where the property is located. See your (303) 866-5880 local telephone book for the address and www.dola.colorado.gov/baa telephone number. Binding Arbitration i=or a list of arbitrators, contact the County Commissioners at the address listed for the County Board of Equalization. If the date for filing any report, schedule, claim, tax return, statement, remittance, or other document falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed on the next business day, § 39-1-120(3), C.R.S. 112:1' a M G9 C� 3 is i€3a _ z� c `T'°"r t 4 �,z.Q.2�1��.,,et.�......►...—_ alr'.._. .. � ' ��, What is your estimate of the property's value as of June 30, 2020? (Your opinion of value in terms of a specific dollar amount is required for real property pursuant to § 39-8-106(1.5), C.R S ) $3 What is the basis for your estimate of value or your reason for requesting a review? (Please attach additional sheets as necessary and any supporting documentation, i.e., comparable sales, rent roU, onginal installed cost, appraisal, etc ) floc ivr'7 cc..a sshe/c • iole✓ /$ Cy- —UJ/5T L-ArJ — S( (7 14O`r- 5 I )s L—, zAt I, the undersigned owner or agent' of the property identified above, affirm that the statements contained herein • �n a y.attachments hereto are true and complete �-� 470 3oZ 9esj Signature Telephone Number Email Address ' Attach letter of authorization signed by property owner Date • 15-DPT-AR PR 207-08/13 R6780552 t —land- Delivered July 20, 2021 Esther E. Gesick Clerk to the Board Weld County Board of Commissioners And Board of Equalization Account R6780551, R6780552, R6780553 Dear Board of Equalization, RECEIVED JUL 21 2021 WELD COUNTY COMMISSIONERS The classification of the above 3 accounts is in dispute. Weld Assesor identifies them as residential, while Weld Planning identifies them as AG -Waste -Land -4167, The identification of 552, 553 is the issue, however the land value associated with 551 is extremely inaccurate due to the existence of the Boyd and Freeman ditch and its easement which encompasses approximately 75% of 551 land mass. The assessed value of 551 land should be reduced 75% dating back to 2011. The inception and creation of the associated Recorded Exemption was and is a cruel and heinous offense to Weld County's agricultural values. I am not available 7/27/2021 for docket 2021-2006, AS0109. Tim Iverson 2021 REAL PROPERTY NOTICE OF VALUATION This is a condensed version of your Notice of Valuation. See your entire Notice of Valuation, a 'complete property report, further detells on the appeal process, safes data used for the valuation tyde, and a protest fll application at residential proper�y is 7.15%. Geiraraily a - - Your property was valued as it existed on January 1, June 30, 2020. Lt+ pelDescription T A REC EXEMPT RECX11-0008 The assessment rate for using appraisal data from the period ending FOR M THE VALUE DIFFERENCE REFLECTS A 2 YEAR CHANGE. THE PRIOR YEAR TAX ESTIMATE IS 566. THE CURRENT YEAR TAX ESTIMATE IS $4,447. THIS RESULTS IN A DECREASE OF 4119. THIS ESTIMATE IS BASED ON 2020 TAX RATES. YOU WILL RECEIVE A TAX BILL IN 2022. If you are unable to view your Nona of Valuation online, please cal us at 970-400-3650. YOUR RIGHT TO APPEAL THE PROPERTY VALUATION AND/OR CLASSIFICATION TO THE ASSESSOR EXPIRES JUNE 2, y 2021. kngi leceive a NoD, you may written dal do not agree Bith oa d Equalization Notice lei �i y 15, 2021. Please foal on per1orsuan BEFORE tasting residehtial properTy to 7.15%. propGeirtis—ricr. Your propertyalued as it existed on January 120 11 using appraisal data from the period ending June 30, 2020. Account No: R6780552 PropDe rty Add�n WPT 34 666 LOT B REC EXEMPT RECX11-0006 C PT LYING WITHIN W2SE4NW4 SEC 34 ClessM a llon • /EX Prior Currant Difference R6SfDENT1AL AG LAND Total 0 33,601 +33.801 553 0 -553 353 33,501 +33,048 FOR MOST REAL PROPERTY THE VALUE DIFFERENCE REFLECTS A 2 YEAR CHANGE. THE PRIOR YEAR TAX ESTIMATE IS $12. THE CURRENT YEAR TAX ESTIMATE IS $174. THIS RESULTS IN AN INCREASE OF +:182. THIS ESTIMATE IS BASED ON 2020 TAX RATES. YOU WILL RECEIVE A TAX BILL IN 2022. if you are unable to view your Notice of Valuation online, please call us et 970-400.3650. YOUR RIGHT TO APPEAL THE PROPERTY VALUATION AND/OR CLASSIFICATION �TO THE ASS�EeSSOR EXPIRES JUNE 2, �2021. s a NO ), �mefrlAee a overman you do Mee' County'lee Booa dNotice Equrtr t bare July 15, Plans fold an panorama BEFORE Wotsg Your praper�ly esivalued as it erdsteriSn January1, 2011 using apps ssaI data from the period ending June 30, 2020. Account No: R6760553 era..._..;. . Property Address/Description WELD PT 34 6 66 PT LOT B REC EXEMPT RECX11-00 eimoteosaterst Classification RESIDENTIAL AG LAND Total Pilaf BB 4,1300 +4,000 C -66 4,060 +3,934 FOR MOST REAL PROPERTY THE VALUE DIFFERENCE REF__S7 THE PRIOR YEAR TAX ESTIMATE IS $2. THE CURRENT YEAR -t_4 '.'._` THIS RESULTS IN AN INCREASE OF +S2U. THIS ESTIMATE IS EASE= _`, _:_: ' __ , , RECEIVE A TAX BILL IN 2022. if you are unable to view your No eofVaIuoo' :. csae_:0 a: ;-:-4::-3E57, RECEIVED JUL 2 1 2021 WELD COUNTY COMMISSIONERS Weld County Treasurer Account R6780552 Parcel Number Receipt Date 080534400084 Sep 18,2020 IVERSON TIM D 5011 WFST GREELEY, CO 80631-9449 Sites Address WELD Receipt Number 2020-09-18-05-8795 Payor IVERSON TIM D 5011 WF ST GREELEY, CO 80631-9449 Legal Description PT 34 666 LOT B REC EXEMPT RECX11-0008 EXC PT LYING WITHIN W2SE4NW4 SEC 34 Property Code Actual Assessed Year Area Mill Levy AG -WASTE LAND - 4167 553 160 2019 3888 74.568 Payments Received E -Check $16.97 Payments Applied Year Charges 2019 DEL TAX NOTICE 2019 ADVERT FEE 2019 Interest 2019 Tax Billed Prior Payments New Payments Balance $5.00 $0.00 $5.00 $0.00 $10.00 $0.00 $0.03 $9.97 $0.05 $0.00 $0.00 $0.05 $11.94 $0.00 $11.94 $0.00 Balance Due as of Sep 18, 2020 $16.97 _—$10.02 $10.02 Thank you for your payment. All payments made by check are subject to final bank clearance. 5or r vv, S'-YE-4._,C— (r2hkc "l Co 8o(4,3I 97v 3bZ, oSl e5ff)e✓ . C /-4 2 re-- o (l50 0 5 ,e--.4 a, .075, o-e4de 1 Co 000 � � � July 14, 2021 Petitioner: IVERSON TIM D 5011 W F ST GREELEY, CO 80631-9449 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBSITE: www.weldgov.com 1150 O STREET P.O. BOX 758 GREELEY CO 80632 Agent (if applicable): RE: THE BOARD OF EQUALIZATION 2021, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket 2021-2007, AS0109 Appeal 2008230163 Hearing 7/27/2021 1:00 PM Account(s) Appealed: R6780552 Dear Petitioner(s): The Weld County Board of Equalization has set a date of July 27, 2021, at or about the hour of 1:00 PM, to hold a hearing on your valuation for assessment. This hearing will be held at the Weld County Administration Building, Assembly Room, 1150 0 Street, Greeley, Colorado. You have a right to attend this hearing and present evidence in support of your petition. The Weld County Assessor or his designee will be present. The Board will make its decision on the basis of the record made at the aforementioned hearing, as well as your petition, so it would be in your interest to have a representative present. If you plan to be represented by an agent or an attorney at your hearing, prior to the hearing you shall provide, in writing to the Clerk to the Board's Office, an authorization for the agent or attorney to represent you. If you do not choose to attend this hearing, a decision will still be made by the Board by the close of business on August 5, 2021, and mailed to you within five (5) business days. Because of the volume of cases before the Board of Equalization, most cases shall be limited to 10 minutes. Also due to volume, cases cannot be rescheduled. It is imperative that you provide evidence to support your position. This may include evidence that similar homes in your area are valued less than yours or you are being assessed on improvements you do not have. Please note: The fact that your valuation has increased cannot be your sole basis of appeal. Without documented evidence as indicated above, the Board will have no choice but to deny your appeal. If you wish to discuss your value with the Assessor's Office, please call them at (970) 400-3650. If you wish to obtain the data supporting the Assessor's valuation of your property, please submit a written request directly to the Assessor's Office by emailing assessor@weldgov.com or sending a fax to (970) 304-6433. Upon receipt of your written request, the Assessor will notify you of the estimated cost of providing such information. Payment must be made prior to the Assessor providing such information, at which time the Assessor will make the data available within three (3) working days, subject to any confidentiality requirements. Please advise me if you decide not to keep your appointment as scheduled. If you need any additional information, please call me at your convenience. Very truly yours, BOARD OF EQUALIZATION e"'!G'C. Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Assessor July 27, 2021 Petitioner: IVERSON TIM D 5011 W F ST GREELEY, CO 80631-9449 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBSITE: www.weldgov.com 1150 O STREET P.O. BOX 758 GREELEY CO 80632 Agent (if applicable): RE: THE BOARD OF EQUALIZATION 2021, WELD COUNTY, COLORADO NOTICE OF DECISION Docket 2021-2007 Appeal 2008230163 Hearing 7/27/2021 1:00 PM Dear Petitioner: On the day indicated above, the Board of County Commissioners of Weld County Colorado convened and acting as the Board of Equalization, pursuant to C.R.S. §39-8-101 et seq., considered petition for appeal of the Weld County Assessor's valuation of your property described above, for the year 2021. Account # Decision The Assessment and valuation is set as follows: Actual Value as Actual Value as Set by Determined by Assessor Board R6780552 Deny - Denied in Full $33,601 $33,601 A denial of a petition, in whole or in part, by the Board of Equalization must be appealed within thirty (30) days of the date the denial is mailed to you. You must select only one of the following three (3) options for appeal: 1. Appeal to Board of Assessment Appeals: You have the right to appeal the County Board of Equalization's decision to the Colorado Board of Assessment Appeals. A hearing before that Board will be the last time you may present testimony or exhibits or other evidence, or call witnesses in support of your valuation. If the decision of the Board of Assessment Appeals is further appealed to the Court of Appeals pursuant to C.R.S. §39-8-108(2), only the record of proceedings from your hearing before the Board of Assessment Appeals and your legal brief are filed with the appellate court. All appeals to the Board of Assessment Appeals filed after August 10, 2021, MUST comply with the following provisions of C.R.S. §39-8-107(5): (5)(a)(I) On and after August 10, 2021, in addition to any other requirements under law, any petitioner appealing either a valuation of rent -producing commercial real property to the Board of Assessment Appeals pursuant to C.R.S. §39-8-108(1) or a denial of an abatement of taxes pursuant to C.R.S. §39-10-114 shall provide to the County Board of Equalization or to the Board of County Commissioners of the County in the case of an abatement, and not to the Board of Assessment Appeals, the following information, if applicable: (A) Actual annual rental income for two full years including the base year for the relevant property tax year; (B) Tenant reimbursements for two full years including the base year for the relevant property tax year; (C) Itemized expenses for two full years including the base year for the relevant property tax year; and (D) Rent roll data, including the name of any tenants, the address, unit, or suite number of the subject property, lease start and end dates, option terms, base rent, square footage leased, and vacant space for two full years including the base year for the relevant property tax year. (II) The petitioner shall provide the information required by subsection (5)(a)(I) of this paragraph (a) within ninety days after the appeal has been filed with the Board of Assessment Appeals. (b)(I) The Assessor, the County Board of Equalization, or the Board of County Commissioners of the County, as applicable, shall, upon request made by the petitioner, provide to a petitioner who has filed an appeal with the Board of Assessment Appeals not more than ninety days after receipt of the petitioner's request, the following information: (A) The primary method used by the county to determine the value of the subject property; and (B) The rates used by the county to determine the value of the subject property under the method identified in accordance with subsection (5)(b)(I)(A) of this section. (II) The party providing the information to the petitioner pursuant to subparagraph (I) of this paragraph (b) shall redact all confidential information contained therein. (c) If a petitioner fails to provide the information required by subparagraph (I) of paragraph (a) of this subsection (5) by the deadline specified in subparagraph (II) of said paragraph (a), the County may move the Board of Assessment Appeals to compel disclosure and to issue appropriate sanctions for noncompliance with such order. The motion may be made directly by the County Attorney and shall be accompanied by a certification that the County Assessor or the County Board of Equalization has in good faith conferred or attempted to confer with such petitioner in an effort to obtain the information without action by the Board of Assessment Appeals. If an order compelling disclosure is issued under this paragraph (c) and the petitioner fails to comply with such order, the Board of Assessment Appeals may make such orders in regard to the noncompliance as are just and reasonable under the circumstances, including an order dismissing the action or the entry of a judgment by default against the petitioner. Interest due the taxpayer shall cease to accrue as of the date the order compelling disclosure is issued, and the accrual of interest shall resume as of the date the contested information has been provided by the taxpayer. Appeals to the Board of Assessment Appeals must be made on forms furnished by that Board, and must be mailed or delivered within thirty (30) days of the date the denial by the Board of Equalization is mailed to you The address and telephone number of the Board of Assessment Appeals are: Board of Assessment Appeals 1313 Sherman Street, Room 315 Denver, Colorado 80203 Telephone Number: (303) 864-7710 Email: baa@state.co.us Fees for Appeal to the Board of Assessment Appeals: A taxpayer representing himself is not charged for the first two (2) appeals to the Board of Assessment Appeals. A taxpayer represented by an attorney or agent must pay a fee of $101.25 per appeal. OR 2. Appeal to District Court: You have the right to appeal the decision of the Board of Equalization to the District Court of the county wherein your property is located: in this case that is Weld County District Court. A hearing before The District Court will be the last time you may present testimony or exhibits or other evidence, or call witnesses in support of your valuation. If the decision of the District Court is further appealed to the Court of Appeals pursuant to C.R.S. §39-8-108(1), the rules of Colorado appellate review and C.R.S. §24-4-106(9), govern the process. OR 3. Binding Arbitration: You have the right to submit your case to binding arbitration. If you choose this option, the arbitrator's decision is final and you have no further right to appeal your current valuation. C.R.S. §39-8-108.5 governs this process. The arbitration process involves the following: a. Select an Arbitrator: You must notify the Board of Equalization within 30 days that you will pursue arbitration. You and the Board of Equalization will select an arbitrator from the official list of qualified people. If you cannot agree on an arbitrator, the District Court of the county in which the property is located (i.e. Weld) will select the arbitrator. b. Arbitration Hearing Procedure: Arbitration hearings are held within sixty (60) days from the date the arbitrator is selected, and are set by the arbitrator. Both you and the Board of Equalization are entitled to participate in the hearing. The hearing is informal. The arbitrator has the authority to issue subpoenas for witnesses, books, records documents and other evidence pertaining to the value of the property. The arbitrator also has the authority to administer oaths, and determine all questions of law and fact presented to him. The arbitration hearing may be confidential and closed to the public if you and the Board of Equalization agree. The arbitrator's decision must be delivered personally or by registered mail within ten (10) days of the arbitration hearing. c. Fees and Expenses: The arbitrator's fees and expenses are agreed upon by you and the Board of Equalization. In the case of residential real property, the fees may not exceed $150.00 per case. For cases other than residential real property, the arbitrator's total fees and expenses are agreed to by you and Board of Equalization, but are paid by the parties as ordered by the arbitrator. If you have questions concerning the above information, please call me at (970) 400-4226. Very truly yours, BOARD OF EQUALIZATION LeL� i!"Jv:yfG C. Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Weld County Assessor Hello