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HomeMy WebLinkAbout20202030.tiffCOUNTY BOARD OF EQUALIZATION WELD COUNTY Single County Schedule Number R0366494 STIPULATION (As To Tax Year 2020 Actual Value) RE PETITION OF : NAME: Donald Koldeway ADDRESS: 10565 County Road 7 Longmont, Co 80504 Petitioner (s) and the Weld County Assessor hereby enter into this Stipulation regarding the tax year 2020 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: Pt E2 E2 9 2 68 2. The subject property is classified as Agricultural property. 3. The County Assessor originally assigned the following actual value to the subject property for the tax year 2020 : Total $493,748 4. After further review and negotiation, Petitioner (s) and Weld County Assessor agree to the following tax year 2020 actual value for the subject property: Total $280,190 5. The valuation, as established above, shall be binding only with respect to tax year 2020 . 6. Brief narrative as to why the reduction was made: Mr. Koldeway returned documentation confirming the property is used for agricultural endeavor. The land and improvements are classified as agricultrual based on the documentation received. 7. Both parties agree that: [iThe hearing scheduled before the Board of Equalization on at be vacated. ,rnA hearing has not yet been scheduled before the Board of Equalization. 1 000- (:;t30 A3O1OCo DATED this 14 day of July , 2020 . donald / oldeway doneld koldeway ;Jul 15, 2520 09:57 MDT' Petitioner(s) or Agent or Attorney Address: Donald Koldeway 10565 County Rd 7 Longmont, Co. 80504 Telephone: 720-934-2229 Docket Number R0366494 Stip-1.Frm (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 Chief Deputy County Assessor Address: 1400 N.17th Avenue Greeley, CO 80631 Telephone: (970) 400-3650 2 R0366494/Koldeway Final Audit Report 2020-07-15 Created: 2020-07-14 By: VERMEDA GERKIN (vgerkin@co.weld.co.us) Status: Signed Transaction ID: CBJCHBCAABAAePBfG4FmDTferjsMu8fy3kY8ftiN3mbz "R0366494/Koldeway" History Document created by VERMEDA GERKIN (vgerkin@co.weld.co.us) 2020-07-14 - 3:08:10 PM GMT- IP address: 204.133.39.9 Document emailed to VERMEDA GERKIN (vgerkin@co.weld.co.us) for approval 2020-07-14 - 3:08:12 PM GMT Document approved by VERMEDA GERKIN (vgerkin@co.weld.co.us) Approval Date: 2020-07-14 - 3:15:37 PM GMT - Time Source: server- IP address: 204.133.39.9 Document emailed to Debra Jakino (djakino@co.weld.co.us) for approval 2020-07-14 - 3:15:39 PM GMT Email viewed by Debra Jakino (djakino@co.weld.co.us) 2020-07-14 - 3:57:29 PM GMT- IP address: 74.205.155.141 Document approved by Debra Jakino (djakino@co.weld.co.us) Approval Date: 2020-07-14 - 4:59:50 PM GMT - Time Source: server- IP address: 204.133.39.9 Document emailed to Jason Marini (appeals@weldgov.com) for signature 2020-07-14 - 4:59:52 PM GMT Email viewed by Jason Marini (appeals@weldgov.com) 2020-07-14 - 9:18:49 PM GMT- IP address: 204.133.39.9 Document e -signed by Jason Marini (appeals@weldgov.com) Signature Date: 2020-07-15 - 3:26:45 PM GMT - Time Source: server- IP address: 204.133.39.9 Document emailed to donald koldeway (tgrubbs489@gmail.com) for signature 2020-07-15 - 3:26:47 PM GMT Email viewed by donald koldeway (tgrubbs489@gmail.com) 2020-07-15 - 3:38:53 PM GMT- IP address: 66.249.84.151 Adobe Sign 4.4, Document e -signed by donald koldeway (tgrubbs489@gmail.com) Signature Date: 2020-07-15 - 3:57:14 PM GMT - Time Source: server- IP address: 161.97.252.203 4 Document emailed to Karin McDougal (weld-cboe@weldgov.com) for signature 2020-07-15 - 3:57:16 PM GMT Email viewed by Karin McDougal (weld-cboe@weldgov.com) 2020-07-15 - 5:20:04 PM GMT- IP address: 204.133.39.9 ' Document e -signed by Karin McDougal (weld-cboe@weldgov.com) Signature Date: 2020-07-15 - 5:20:38 PM GMT - Time Source: server- IP address: 204.133.39.9 Signed document emailed to Jason Marini (appeals@weldgov.com), Karin McDougal (weld- cboe@weldgov.com), Debra Jakino (djakino@co.weld.co.us), VERMEDA GERKIN (vgerkin@co.weld.co.us), and 2 more 2020-07-15 - 5:20:38 PM GMT Adobe Sign NOTICE OF DETERMINATION RECEIVED Brenda Dones Weld County Assessor 1400 N 17th Ave Greeley CO 80631 ACCOUNT NO. TAX YEAR TAX AREA LEGAL DESCRIPTION/ PHYSICAL LOCATION R0366494 2020 2306 25099-B PT E2E2 9 2 N0D31'E 304.13' S87D27'W 284.77' TO S LN E2NE4 D42'E 472.55' TO E LN 5' TO BEG SUB EXEMPT 10565 COUNTY ROAD 68 BEG SE COR E2NE4 467.7' S0D31'W S0D31'W 12.17' S80 E2SE4 N0D31'E 89.9 SE -498 (.27R) 7 WELD PROPERTY OWNER KOLDEWAY DONALD J ROAD 7 ONGMONTCOC80504-9460 LONGMONT, - ' PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW RESIDENTIAL 493,748 493,748 TOTAL 493,748 493,748 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: JUL 0 9 2020 WELD COUNTY COMMISSIONERS Date of Notice: 6/26/2020 Telephone: (970) 400-3650 Fax: (970) 304-6433 Office Hours: 8:00AM — 5:00PM AG06 - Our office has received no documentation verifying the agricultural status of your land, therefore your protest has been denied. 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...fi in real . 1G __. .... .._. The for filing real property appeals is July �.i. 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): 15-DPT-AR PR 207-08/13 R0366494 2020-2030 ASO1OCv APPEAL PROCEDURES County Board of Equalization Hearings will be held from July 27th through August 3rd 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 District 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. oov/baa telephone number. 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. PETITION TO COUNTY BOARD OF EQUALIZATION What is your estimate of the property's value as of June 30, 2018? (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.) 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 instra7:, appraisal, �ls��' J i'�5 /l41�r� e7. -P 4 0/7 *--e -;:r7'fj� / �� � €' -' Rol 7 Xn T 115r,eits &vr?% ATTESTATION I, the undersigned owner or agent' of the property identified above, affirm that the statements contained herein and on an -ttachments hereto are true and complete. gnatur Telephone Number Date Email Address ' Attach letter of authorization signed by property owner. 15-DPT-AR PR 207-08/13 R0366494 2020 REAL PROPERTY PROTEST FORM You may appeal the valuation and/or classification by June 1st online, in person, or mail this form to the assessor. Website: www.weldgov.com/departments/assessor Email: appealsl weldgov.com Location/Mailing: 1400 N. 17th Avenue, Greeley, CO 80631 Phone: 970-400-3650 Fax: 970-304-6433 Response only required if you wish to appeal the 2020 value. 1011111 III IIIII IIIII IIIII 1111 IIIII IIIII INI IIII Account Number: R0366494 Property Owner: KOLDEWAY DON7191.What is your estimate of the property's value as of June 30, 2018? $ l rye-/ 7 L/ ALD J TO APPEAL ACCOUNT R0366494 CHECK HERE YOUR R ASON FOR APP ING THE VALUE IS: —.. lea a attach,ad. trio = I info ation as necessary. Signature -....— - C''' '1Z elephone Number ,A2' 74/ Date E -Mail Address AGENT AUTHORIZATION: You must provide written authorization if you are using an agent. The agent's name, mailing address, e-mail address, and telephone number must be provided. YOUR RIGHT TO APPEAL THE PROPERTY VALUATION AND/OR CLASSIFICATION TO THE ASSESSOR EXPIRES JUNE 1, 2020. If the date for filing any document falls upon a Saturday, Sunday or legal holiday, it shall be deemed timely filed if postmarked or received on the next business day. 39-1-120(3), C.R.S. 2020 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 details on the appeal process, sales data used for the valuation cycle, and a protest filing application at: www.co.weld.co.us/aposi/orooertvoortal/. The assessment rate for residential property is 7.15%. Generally, all other property is assessed at 29%. Your property was valued as it existed on January 1, 2020 using appraisal data from the period ending June 30, 2018. Account No: R0366494 Property Address/Description 10565 COUNTY ROAD 7 WELD 25099-B PT E2E2 9 2 68 BEG SE COR E2NE4 N0D31'E 304.13' S87D27W 467.7' S0D31'W Classification Prior Current Plffersnea 'J ;RESIDENTIAL � 0 493,748 +"-" '''AG LAND J/ & 117 -117 AG BUILDINGS / 2,843 0 -2,843 AG:RESIDENTIAL l 277,230 0 -277,230 Total3 -7.C280,190 493,748 +213,558 ec7 *:,) /e }, -c5 Av5> ` de, ,6ri 415 / /'%`a /,`� 1 o0 /0:97 -1? --.5i- -' -" ' �. cam*- 3 NOTICE REASON: IL1 - A'CHANGE IN THE USE, OR LEGRIPTION OF THE LAND. J THE PRIOR YEAR TAX ESTIMATE IS $1,924. THE CURRENT YEAR TAX ESTIMATE IS $3,285. THIS RESULTS IN AN INCREASE OF +$1,361. THIS ESTIMATE IS BASED ON 2019 TAX RATES. YOU WILL RECEIVE A TAX BILL IN 2021. If you are unable to view your Notice of Valuation online, please call us at 970-400-3650. YOUR RIGHT TO APPEAL THE PROPERTY VALUATION AND/OR CLASSIFICATION TO THE ASSESSOR EXPIRES JUNE 1, 2020. If, after filing an anneal with the Assessor you do not agree with the Notice of Determination (NOD), or you do not receive a NOD, you may file a written appeal with the County Board of Equalization on or before July 15, 2020. /11121- /'!'mac: >'ic vvY AIA9e c3tc;c3/. f0 7 � L;iV /43 / -46J ,r7 7e5iu 1 SCHEDULE F (Form 1040) Department of the Treasury Internal Revenue Service (99) Name of proprietor DONALD KOLDEWAY A Principal crop or activity B Enter code from Part IV SUPPORT ACTIVITIES FOR 112120 E Did you "materially participate" in the operation of this business during 2018? If "No," see instructions for limit on passive losses F Did you make any payments in 2018 that would require you to file Form(s) 1099 (see instructions)? G If "Yes," did you or will you file required Forms 1099? Profit or Loss From Farming ►Attach to Form 1040, Form 1040NR, Form 1041, or Form 1065. ► Go to www.irs.gov/ScheduleF for instructions and the latest information. Social security number (SSN) OMB No. 1545-0074 C Accounting method: FiCash n Accrual 2018 Attachment Sequence No. 14 D Employer ID no. (EIN), (see instr) X Yes Yes Yes — Cash Method. Complete Parts I and II (Accrual method. Complete Parts II and III, and Part I, line 9.) X No No No rrr� la Sales of livestock and other resale items (see instructions) b Cost or other basis of livestock or other items reported c Subtract line 1b from line 1a 2 Sales of livestock, produce, grains, and other products 3a Cooperative distributions (Form(s) 1099-PATR) • • 4a Agricultural program payments (see instructions) 5a Commodity Credit Corporation (CCC) loans reported b CCC loans forfeited 15b 6 Crop insurance proceeds and federal crop disaster a Amount received in 2018 c If election to defer to 2019 is attached, check here 7 Custom hire (machine work) income 8 Other income, including federal and state gasoline 9 Gross income. Add amounts in the right column (lines accrual method, enter the amount from Part III, line on you 3a line 1a raised la 1c lb 3b Taxable amount 4b Taxable amount I 5c Taxable amount I 6b Taxable amount deferred from 2017 7, and 8). If you use the ► 2 3b 4a 4b under election I 5a 5c payments (see instructions) 16a I 6b lbILII 6d Amount or fuel tax credit or refund (see instructions) 1c, 2, 3b, 4b, 5a, 50, 6b, 8d, 50. See instructions ..... 6d 7 8 12,000 9 12,000 instructions. Part II Farm Expenses -- Cash and Accrual Method. Do not include personal or living expenses. See 10 11 12 13 14 15 16 17 18 19 20 21 a b 22 Car and truck expenses (see Instr.). Also attach Form 4562... Chemicals Conservation expenses (see Instr.) . . Custom hire (machine work) . • Depreciation and section 179 expense (see instructions) Employee benefit programs other than on line 23 Feed Fertilizers and lime Freight and trucking ...:... , •. Gasoline, fuel, and oil,.,.: ,:.... Insurance (other than health) ... Interest (see instructions) Mortgage (paid to banks,. -etc.) Other • r Labor hired (less employment credits) 10 23 Pension and profit-sharing plans 24 Rent or lease (see instructions): a Vehicles, machinery, equipment b Other (land, animals, etc.) 25 Repairs and maintenance 26 Seeds and plants 27 Storage and warehousing 28 Supplies 29 Taxes 30 Utilities 31 Veterinary, breeding, and medicine 32 Other expenses (specify): a FEED, WATER, CARE 23 24a 11 12 24b 13 25 14 26 27 15 28 29 16 30 17 31 , 18 32a 10,502 19 ' 20 b 32b 21a c 32c d 32d 21b e 32e 22 f 32f 33 34 Total expenses: Add lines 10 through 32f. If line 32f is negative, see instructions ► Net farm profit or (loss). Subtract line 33 from line 9 33 10,502 34 1,498 If a profit, stop here and see instructions for where to report. If a loss, complete lines 35 and 36. 35 Reserved for future use. 36 Check the box that describes your investment in this activity and see instructions for where to report your loss. a nAll investment is at risk. b n Some investment is not at risk. For Paperwork Reduction Act Notice, see the separate instructions. FDA 18 Fl BWF 1040 Form Software Copyright 1996- 2019 HRB Tax Group, Inc. Schedule F (Form 1040) 2018 2019 INCOME TAX ESTIMATOR/PLANNER DONALD J KOLDEWAY Filing status Keep for Your Records Current Adjustments Estimated 2018 2019 2019 SINGLE SINGLE INCOME: Wages, salaries, tips, etc. Interest income Ordinary dividend income ....(SXciticlifg QuAli(iacl Dividends) Refunds of state and local taxes Alimony received from divorces finalized before 1/1/2019 Business income or (loss) (Schedule C) Capital gain or (loss) (Schedule D) (i►lpluding.Q4aI.Qiyidends) Other gains or (losses) (Form 4797) IRA distributions and pension income Rental real estate, partnerships, estates, etc. (Schedule E) 2,684 2,684 Farm income or (loss) (Schedule F) 1,498 1, 4 9 8 Unemployment compensation Taxable social security income Other income Total income 4,182 4,182 ADJUSTMENTS: Educator expenses Certain business expenses of reservists, performing artist, and fee -basis government officials Health savings account deduction (Form 8889) Qualified Moving Expenses Deductible part of self-employment tax(Schedule SE) 106 106 Self-employed SEP, SIMPLE and qualified plans deduction Self-employed health insurance Penalty on early withdrawal of savings Alimony paid on divorces finalized before 1/1/2019 IRA deduction Student loan interest deduction Other adjustments Total adjustments 106 106 ADJUSTED GROSS INCOME:4,076 4,076 DEDUCTIONS: Standard deduction 12,000 200 12,200 Itemized deductions: Medical and dental expenses Taxes paid 150 150 Interest paid • Gifts to charity; • Casualty and theft losses Other miscellaneous deductions Total itemized deductions 150 150 Deduction actually claimed 12,000 200 12,200 Qualified Business Income Deduction FDA Form Software Copyright 1996 - 2019 HRB Tax Group, Inc. M0524P 18 REFORMANALYS a H&R BLOCK° BLOCK ADVANTAGE FEDERAL TAX RETURN SUMMARY 2018 Income Wages, salaries, tips, etc.: Interest income: Ordinary dividend income: Refunds of state and local taxes: Business income or (loss) (Schedule C): Capital gain or (loss) (Schedule D): Other gains or (losses) (Form 4797): IRA distributions and pension income: Rental real estate, partnerships, estates, etc. (Schedule E): Farm income or (loss) (Schedule F): Unemployment compensation: Taxable social security income: Other income: Total income: Adjustments Student loan interest deduction: Domestic production activities deduction: IRA contributions: Deductible part of self-employment tax: Self-employed health insurance: Self-employed SEP, SIMPLE, and qualified plans: Other adjustments: Total Adjustments: Donald Koldeway 03/01/19 Year 2018 Year 2017 Change($) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $2,684 $0 $0 $1,498 $0 ------ $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $4,182 $0 $0 $0 $0 $0 $106 $0 $0 $0 $106 Adjusted Gross Income (AGI) This is your total income less total adjustments: $4,076 Deductions Standard Deductions: Medical and dental expenses: Taxes paid: Interest paid: Gifts to charity: Casuality and theft losses: Job expenses and most miscellaneous deductions: Other miscellaneous deductions: Exemptions: Tax Computation Taxable Income: Income Tax: Tax Before Credits: Other Taxes Self-employment tax: Other Taxes: Total Taxes: Credits $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $12,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $212 $0 $0 $0 $0 $0 $212 $0 $0 We're Open All Year! Call 800-HRBLOCK 800-472-5625 or visit hrblock.com to schedule an appointment. The H&R Block Advantage document provides information that could help you improve your tax and financial situation,but your actual tax situation may change materially depending on future changes to the law and changes in your personal and financial circumstances.lf your circumstances do change, we suggest that your review the change with your tax professional. July 9, 2020 Petitioner: KOLDEWAY DONALD J 10565 COUNTY ROAD 7 LONGMONT, CO 80504-9460 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBS ITE: www.weldgov.com 1150 O STREET P.O. BOX 758 GREELEY CO 80632 Agent (if applicable): RE: THE BOARD OF EQUALIZATION 2020, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket 2020-2030, AS0106 Appeal 2008226218 Hearing 7/27/2020 2:00 PM Account(s) Appealed: R0366494 Dear Petitioner(s): The Weld County Board of Equalization has set a date of July 27, 2020, at or about the hour of 2:00 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, 2020, 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 LPLIs./o:yf G'i. Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Assessor August 3, 2020 Petitioner: KOLDEWAY DONALD J 10565 COUNTY ROAD 7 LONGMONT, CO 80504-9460 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 2020, WELD COUNTY, COLORADO NOTICE OF DECISION Docket 2020-2030 Appeal 2008226218 Hearing 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 2020. Account # Decision The Assessment and valuation is set as follows: Actual Value as Actual Value as Set by Determined by Assessor Board R0366494 Stipulated - Approved Stipulated Value $493,748 $280,190 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, 2020, MUST comply with the following provisions of C.R.S. §39-8-107(5): (5)(a)(I) On and after August 10, 2020, 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 subparagraph (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) All of the underlying data used by the county in calculating the value of the subject property that is being appealed, including the capitalization rate for such property; and (B) The names of any commercially available and copyrighted publications used in calculating the value of the subject property. (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 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