HomeMy WebLinkAbout20212017.tiffCOUNTY BOARD OF EQUALIZATION
WELD COUNTY
Single County Schedule Number: R2130386
STIPULATION (As To Tax Year 2021 Actual Value)
RE PETITION OF :
NAME: SEJ ASSET MANAGMENT & INVESTMENT COMPANY
ADDRESS: C/O 7 -ELEVEN INC AD VALOREM TAX DEPT, ONE ARTS PLAZA 1722 ROUTH ST NO 1
DALLAS TX 75201-2506
Petitioner (s) and the Weld County Assessor hereby enter into this Stipulation
regarding the tax year 2021 valuation of the subject property, and jointly move the
Board of Equalization to enter its order based on this Stipulation.
Petitioner (s) and Assessor agree and stipulate as follows:
1. The property subject to this Stipulation is described as:
2540 W 10th St, Greeley, GR 17534F PT TRACT D GREELEY PLAZA (PT
NE4 12 5 66) BEG N89D54'E 917.5' & SOD06'E 80' OF NW C0R N89D54'E
2. The subject property is classified as commercial.
3. The County Assessor originally assigned the following actual value to the
subject property for the tax year 2021 :
Total: $1,049,600
4. After further review and negotiation, Petitioner (s) and Weld County Assessor
agree to the following tax year 2021 actual value for the subject property:
Total: $997,120
5. The valuation, as established above, shall be binding only with respect to tax
year 2021 .
6. Brief narrative as to why the reduction was made:
Further review of all approaches to value indicated an adjustment.
7. Both parties agree that:
lThe hearing scheduled before the Board of Equalization on 08/04/2021
at 1:00 PM be vacated.
nA hearing has not yet been scheduled before the Board of Equalization.
R2130386
1
oei-aoli
ASo1oq
DATED this 28th day of July
Rolando west
Rolando West (Jul 28, 2021 10:53 CDT)
Petitioner(s) or Agent or Attorney
, 2021.
Address:
13155 Noel RD
Ste 100
Dallas, TX 75240
Telephone: 4693994113
R2130386
(Assistant) County Attorney for
Respondent, Weld County Board of
Commissioners
Address:
1150 "O" Street
P.O. Box 758
Greeley, CO 80632
Telephone:(970) 336-7235
County Deputy Assessor
Address:
1400 N.17th Avenue
Greeley, CO 80631
Telephone: (970) 400-3650
2
R2130386/SEJ ASSET MANAGMENT &
INVESTMENT COMPANY stipulation
Final Audit Report
2021-07-28
Created: 2021-07-28
By: TIM REDDICK (treddick@co.weld.co.us)
Status: Signed
Transaction ID: CBJCHBCAABAA-W4uCpju6tiLpg1h5A4nF5GFa4_RWs_-
"R2130386/SEJ ASSET MANAGMENT & INVESTMENT COMP
ANY stipulation" History
"`,� Document created by TIM REDDICK (treddick@co.weld.co.us)
2021-07-28 - 2:12:14 PM GMT- IP address: 204.133.39.9
E, Document emailed to TIM REDDICK (treddick@co.weld.co.us) for approval
2021-07-28 - 2:12:17 PM GMT
ba Document approved by TIM REDDICK (treddick@co.weld.co.us)
Approval Date: 2021-07-28 - 2:14:27 PM GMT - Time Source: server- IP address: 204.133.39.9
E.T Document emailed to Jason Marini (jmarini@co.weld.co.us) for approval
2021-07-28 - 2:14:30 PM GMT
in Email viewed by Jason Marini (jmarini@co.weld.co.us)
2021-07-28 - 3:19:18 PM GMT- IP address: 204.133.39.9
6Q Document approved by Jason Marini (jmarini@co.weld.co.us)
Approval Date: 2021-07-28 - 3:21:35 PM GMT - Time Source: server- IP address: 204.133.39.9
P* Document emailed to Jason Marini (appeals@weldgov.com) for signature
2021-07-28 - 3:21:37 PM GMT
n Email viewed by Jason Marini (appeals@weldgov.com)
2021-07-28 - 3:27:55 PM GMT- IP address: 204.133.39.9
6Q Document e -signed by Jason Marini (appeals@weldgov.com)
Signature Date: 2021-07-28 - 3:28:16 PM GMT - Time Source: server- IP address: 204.133.39.9
El. Document emailed to Rolando West (rolando.west@ryan.com) for signature
2021-07-28 - 3:28:18 PM GMT
Adobe Sign
L") Email viewed by Rolando West (rolando.west@ryan.com)
2021-07-28 - 3:52:47 PM GMT- IP address: 165.225.216.250
C36, Document e -signed by Rolando West (rolando.west@ryan.com)
Signature Date: 2021-07-28 - 3:53:41 PM GMT - Time Source: server- IP address: 165.225.216.250
E-1, Document emailed to Karin McDougal (weld-cboe@weldgov.com) for signature
2021-07-28 - 3:53:43 PM GMT
J Email viewed by Karin McDougal (weld-cboe@weldgov.com)
2021-07-28 - 6:14:14 PM GMT- IP address: 204.133.39.9
6O, Document e -signed by Karin McDougal (weld-cboe@weldgov.com)
Signature Date: 2021-07-28 - 6:14:33 PM GMT - Time Source: server- IP address: 204.133.39.9
Agreement completed.
2021-07-28 - 6:14:33 PM GMT
Adobe Sign
Brenda Dones
Weld County Assessor
1400 N 17Th Ave
Greeley. CO 80631
NOTICE OF DETERMINATION
RECEIVED
JUL 192021
WELD COUNTY
COMMISSIONERS
Date of Notice: 6/30/2021
Telephone: (970) 400-3650
Fax: (970) 304-6433
Office Hours: 8:00AM - 5:00PM
ACCOUNT
NO.
TAX
YEAR
TAX
AREA
LEGAL
DESCRIPTION/
PHYSICAL
LOCATION
R2130386
2021
3399
GR 17534F PT TRACT
D GREELEY PLAZA (PT
NE4 12 5 66) BEG N89D54'E
917.5' & S0D06
SEJ ASSET
C.1O 7 -ELEVEN
MANAGMENT
& INVESTMENT
INC AD VALOREM TAX
DEPT
COMPANY
'E 30' OF
NW COR N89D54'E 150' S0D03'E 1
ONE ARTS PLAZA
1722
ROUTH
ST NO 1000
50' S89D54'W 150' N0D03'W 150' TO BEG
DALLAS.
75201-2506
TX
2540 W 10TH ST GREELEY
- --
ASSESSOR'S VALUATION
PROPERTY
ACTUAL
VALUE
PRIOR
TO
ACTUAL
VALUE
AFTER
CLASSIFICATION
REVIEW
REVIEW
COMMERCIAL
1,049.600
1.049,600
TOTAL
1,049,600
1,049,600
The Assessor has carefully studied all available information, giving particular attention to the
specif cs included on your protest. The Assessor's determination of value after review is based on
the following:
The law requires that data from Jan 2019 to June 2020 be used to establish current values. We
have considered all three approaches to value and we have denied your appeal based upon this
data.
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 year's 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):
RYAN
THREE GALLERIA TOWER
13155 NOEL RD STE 100 LB73
DALLAS. TX 75240-5050
15-DPT-AR
PR 207-08.13
R2130386
a0C1
Pt so \oct
APPEAL PROCEDURES - , ,
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
1313 Sherman Street, Room 315
Denver, CO 80203
(303) 866-5880
www dola colorado gov/baa
Binding Arbitration
For 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
District Court
Contact the District Court in the County
where the property is located See your
local telephone book for the address and
telephone number
` PETITION' TO COUNTY BOARD OF EQUALIZATION
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 )
$ 730,900
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 roll, original
installed cost, appraisal, etc )
Marshall and Swift's coast approach suggest our property was overvalued
ATTESTATION
I, the undersigned owner or agent' of the property identified above, affirm that the statements contained herein
and on any attachments hereto are true and complete
Signature
Rolando West@Ryan corn
Email Address
(469) 399 - 4113
Telephone Number
t Attach letter of authorization signed by property owner
7/13/21
Date
15-DPT-AR
PR 207-08/13
R2130386
LETTER OF AUTHORIZATION
FOR PROPERTY TAX REPRESENTATION
7 -Eleven, Inc. (as Owner or Lessee)
RECEIVED
JUL 192021
WELD COUNTY
COMMISSIONERS
Property Owner
Please See Attached List
Subject Property
Weld County , CO
Jurisdiction and State
2021
Year
This letter authorizes Ryan, LLC to represent the above -named property as its property tax
agent in the jurisdiction and state named above. This authorization includes but is not limited to:
filing property renditions or returns; signing and filing appeals; examining property tax records;
and, appearances before the assessor, boards of equalization or review, or other governmental
agencies responsible for the assessment of property.
If there are any questions concerning this authorization, please contact the following:
Lucas Quary, Lucas.Quary@ryan.com, (972) 934-0022, Ext 10-1361.
A copy of any application or appeal attached to this authorization has been provided to the
undersigned property owner. A facsimile or scanned image of a signature below shall constitute
an original signing of this authorization and the document containing the original signature will
be submitted upon request.
This authorization shall remain effective as long as permitted by law or until revoked in writing
by the owner. The person signing below certifies that they are a duly appointed officer,
representative or agent of the owner and that they have the legal capacity to execute this
authorization. -�
f
Perty O er:
musts 8 Arieme,
Irt3fZoZc
Signatur
//A551srd-ur CatErfiny
Printed Name
Title
Sworn and subscribed before me this l 3 dax of c_.-147, v/hoi
omit, JAMES PARTRIDGE
``N
f„ • .'•9-,:_Netary Public, State Tex. ``"t Comm. Expires 05-29-2C22
`1,1itoo' NQt3 y ID 12.9334456
ta'ir
Date
, 2021.
Notary Public
My commission expires: S(71 I Zott—
2803 W 10th St
2540 10TH STREET
830 16TH ST
104 East 18Th St
1011 37Th St
3240 Village Vista Drive
6008 Frederick Way
R1753286
R2130386
R3281386
R3344586
R3889486
R6775775
R6779994
1
A Valuation Analysis of Subject Property:
25684 (SAM 3.0) - 2540 10TH STREET
Located at
2540 10Th Street
Greeley, CO 80634
Tax Parcel
R2130386
Prepared by:
an0
Innovative Solutions
to Taxing Problems.
As of
January 1, 2021
2021 Valuation Analysis: Cost Approach
Site Name
Client/Owner Name
Parcel Number(s)
Address
City
State
Postal Code
Assessor
Class
Quality
Year Built
Actual Age
Effective Age
Total NLA (Sq. Ft.)
Land (Sq. Ft.)
25684 (SAM 3.0) - 2540 10TH STREET
7 -Eleven, Inc.
R2130386
2540 10Th Street
Greeley
CO
80634
Weld County
Masonry Bearing Walls
2.0 - Average
1984
36
20
2,624
22,521
Ryan')
Total Value
2021
% Change
2020
Assessed
$1,049,600
45.45%
$721,600
$/Sq.Ft.
$400.00
45.45%
$275.00
Imp Value
2021
% Change
2020
Assessed
$897,725
49.60%
$600,100
$/Sq. Ft.
i
$342.12
49.60%
$228.70
Land Value
2021
% Change
2020
Assessed
$151,875
25.00%
$121,500
$/Sq.Ft.
$6.74
25.00%
$5.40
COST
Main Imp
Imp 2
Imp 3
Current
Total
Imp
Imp Site Code
NLA (Sq.
Marshall & Swift
Unit Cost
Perimeter Multiplier
Story Height Multiplier
Cost Multipliers
Cost Multipliers
Local Multipliers
Total Cost New
Life & Depreciation
Life Expectancy
Depreciation
Less Depreciation
Cost Depreciated
Ft.)
Mini -Market Convenience Store
531
---
---
2,624 (Sq.
Ft.)
--- (Sq. Ft.)
Ft.)
--- (Sq.
Section 13
-
---
---
$209.64 22
--- -
page
1.183 41
-
-
page
1.09 page 42
--
--- ---
--- --
Section 99
1.03 page 3
1.01 pages 5-10
$550,094
Section 99
1.03 page 3
1.01 pages 5-10
$0
Section 99
1.03 page 3
1.01 pages 5-10
$0
Section 97
35 11
Section 97
Section 97
- ---
page
4% 24
-- -
--- ---
$0
page
$22,004
$0
$528,090
I ---
---
Cost Approach Value
Main Imp $528,090
Imp 2 $0
Imp 3 $0
Paving, Asphalt $26,361
Paving, Concrete $0
Sprinklers $0
Canopy $24,613
N/A $0
Total Imp Value $579,065
Land Value $151,875
$730,940
Indicated Value l $730,900
per SF
$278.54
Additions
Units
Marshall & Swift
Unit Cost
Cost Multipliers
Current Cost Multipliers
Local Multipliers
Total Cost New
Life & Depreciation
Life Expectancy
Depreciation
Less Depreciation
Total Cost Depreciated
Paving, Asphalt
14,000
7001
(Sq. Ft.)
Paving, Concrete
---
7003
(Sq. Ft.)
Sprinklers
---
683
(Sq. Ft.)
Canopy
1,600
(Sq. Ft.)
N/A
---
---
---
Section 64
$3.77
page 3
Section 64
$5.33
page 3
Section 13
$0.00
page 40
Section 13
$43.95
page 40
---
---
Section 99
1.03
1.01
$52,722
page 3
pages 5-10
Section 99
1.03
1.01
$0
page 3
pages 5-10
Section 99
1.03
1.01
$0
page 3
pages 5-10
Section 99
1.03
1.01
70324.28
page 3
pages 5-10
Section 99
1.03
1.01
$0
page 3
pages 5-10
Section 97
8
50%
$26,361
page 19
page 26
Section 97
13
80%
$0
page 19
page 26
Section 97
18
69%
$0
page 19
page 26
Section 97
20
65%
$45,711
page 16
page 26
Section 97
---
-
---
page 26
$0
$26,361
_
--
---
_
$24,613
I
---
Confidential
Ryan)
Three Galleria Tower
13155 Noel Road
Suite 100
Dallas, Texas 75240
PLACE STICKER AT TOP OF ENVELOPE TO THE RIGHT
OF THE RETURN ADDRESS, FOLD AT DOTTED LINE
CERTIFIED MA IL TM
I
1
orra
i
1
i
92114 7969 0099 9790 11659 3556 77
Weld County Board of Equalization
1150 O Street
P.O. Box 758
Greeley, CO 80631
f
U.S. POSTAGE>> PITNEY BOWES
044,11Firrigrairaisr
ZIP 75240 $ 008.45°
02 4VN
0000349561 JUL 15 2021
July 20, 2021
Petitioner:
SEJ ASSET MANAGMENT &
INVESTMENT COMPANY
C/O 7 -ELEVEN INC AD VALOREM
TAX DEPT
ONE ARTS PLAZA 1722 ROUTH ST
NO 1000
DALLAS, TX 75201-2506
CLERK TO THE BOARD
PHONE (970) 400-4226
FAX (970) 336-7233
WEBSITE: www.weldqov.com
1150 O STREET
P.O. BOX 758
GREELEY CO 80632
Agent (if applicable):
RYAN
ROLANDO WEST
THREE GALLERIA TOWER
13155 NOEL RD STE 100 LB73
DALLAS, TX 75240-5050
RE: THE BOARD OF EQUALIZATION 2021, WELD COUNTY, COLORADO
NOTIFICATION OF HEARING SCHEDULED
Docket 2021-2017, AS0109 Appeal 2008230308 Hearing 8/4/2021 1:00 PM
Account(s) Appealed:
R2130386
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of August 4, 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 O 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
Esther E. Gesick
Clerk to the Board
Weld County Board of Commissioners
and Board of Equalization
cc: Brenda Dones, Assessor
July 20, 2021
Agent:
RYAN
ROLANDO WEST
THREE GALLERIA TOWER
13155 NOEL RD STE 100 LB73
DALLAS, TX 75240-5050
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
Petitioner:
SEJ ASSET MANAGMENT &
INVESTMENT COMPANY
C/O 7 -ELEVEN INC AD
VALOREM TAX DEPT
ONE ARTS PLAZA 1722 ROUTH
ST NO 1000
DALLAS, TX 75201-2506
RE: THE BOARD OF EQUALIZATION 2021, WELD COUNTY, COLORADO
NOTIFICATION OF HEARING SCHEDULED
Docket 2021-2017, AS0109 Appeal 2008230308 Hearing 8/4/2021 1:00 PM
Account(s) Appealed:
R2130386
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of August 4, 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 O 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 to assessor@weldgov.com. 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
Ce�4DlG'C.
Esther E. Gesick
Clerk to the Board
Weld County Board of Commissioners
and Board of Equalization
cc: Brenda Dones, Assessor
August 5, 2021
Petitioner:
SEJ ASSET MANAGMENT & INVESTMENT
COMPANY
C/O 7 -ELEVEN INC AD VALOREM TAX DEPT
ONE ARTS PLAZA 1722 ROUTH ST NO 1000
DALLAS, TX 75201-2506
CLERK TO THE BOARD
PHONE (970) 400-4226
FAX (970) 336-7233
WEBSITE: www.weldqov.com
1150 O STREET
P.O. BOX 758
GREELEY CO 80632
Agent (if applicable):
RYAN
ROLANDO WEST
THREE GALLERIA TOWER
13155 NOEL RD STE 100 LB73
DALLAS, TX 75240-5050
RE: THE BOARD OF EQUALIZATION 2021, WELD COUNTY, COLORADO
NOTICE OF DECISION
Docket 2021-2017 Appeal 2008230308 Hearing 8/5/2021
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
R2130386 Stipulated - Approved
Stipulated Value
$1,049,600 $997,120
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)(l)(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
Esther E. Gesick
Clerk to the Board
Weld County Board of Commissioners
and Board of Equalization
cc: Brenda Dones, Weld County Assessor
August 5, 2021
Agent: Petitioner:
RYAN
ROLANDO WEST
THREE GALLERIA TOWER
13155 NOEL RD STE 100 LB73
DALLAS, TX 75240-5050
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
SEJ ASSET MANAGMENT & INVESTMENT
COMPANY
C/O 7 -ELEVEN INC AD VALOREM TAX
DEPT
ONE ARTS PLAZA 1722 ROUTH ST NO
1000
DALLAS, TX 75201-2506
RE: THE BOARD OF EQUALIZATION 2021, WELD COUNTY, COLORADO
NOTICE OF DECISION
Docket 2021-2017 Appeal 2008230308 Hearing 8/5/2021
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. §39-8-101et 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
R2130386 Stipulated - Approved
Stipulated Value
$1,049,600 $997,120
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)(l)(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 fess 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
Esther E. Gesick
Clerk to the Board
Weld County Board of Commissioners
and Board of Equalization
cc: Brenda Dones, Weld County Assessor
Hello