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HomeMy WebLinkAbout20201100.tiff Chloe Rempel From : Lori Lovato Sent : Wednesday, April 8, 2020 2 : 27 PM To : Chloe Rempel Cc : Brenda Dones; Jason Marini ; Wade Me lies ; Millie Channell Subject : Withdrawal Abatements ( 17 - 18 ) R7733799 , R6784078 Good afternoon Chloe , Please see the withdrawal below . These are scheduled for hearings on May 4, 2020 . Let me know if you need anything else . I hope you ' re doing well ! Lori Lovato Public Information Supervisor Weld County Assessor' s Office 1400 N 17th Avenue Greeley, CO 80631 ( 970 ) 400 - 3679 llovato@weldgov . com From : David Johnson < djohnson@jcsco . com > Sent : Wednesday, April 8 , 2020 10 : 23 AM To : Lori Lovato < Ilovato@weldgov . com > Cc : Millie Channell < mchannell@weldgov . com > Subject : Withdrawal Abatements ( 17 - 18 ) R7733799 , R6784078 This email originated from outside of Weld County Government. Do not click links or open attachments unless you recognize the sender and know the content is safe. Lori , We wish to withdraw our Abatement ( 17 - 18 ) appeals for R7733799 and R6784078 . Thank you , David Johnson Joseph C Sansone Company 18040 Edison Avenue Chesterfield, MO 63005 1 -636-733-5455 Direct 1 -800-394-0140 Ext 5455 1 -636-733-2223 Fax djohnson©jcsco. com cc : Asp ( P, OC3M / OK fL4), Can CM )M ) 2020 - 1100 Al Yl M y n i c �.+ ions ( L1 / o� OL1070 • r r �` PETITION FOR ABATEMENT OR REFUND OF TAXES C• _ . ` County: Weld Date Received (Use Assessor's or Commissioners'Date Stamp) .i,`= C 2 MN Section I: Petitioner,please complete Section I only. � LJ CJUit I Y ASSES, : Date: 12/20/2019 Month Day Year Petitioner's Name: PHI ENTERPRISES LLC Petitioner's Mailing Address: Joseph C Sansone Company. David Johnson. 18040 Edison Avenue Chesterfield MO 63005 City or Town State Zip Code SCHEDULE OR PARCEL NUMBER(S) PROPERTY ADDRESS OR LEGAL DESCRIPTION OF PROPERTY 131326206001 7700 Miller - 7733799 Petitioner requests an abatement or refund of the app n jr taxes and states that the taxes assessed against the above property for property tax year(s)_2111__and are Incorrect for the following reasons: (Briefly describe why the taxes have been erroneously or whether due to erroneous valuation,irregularity in levying,clerical error or overvaluation. Attach additional sheets if necessary.) The Assessor's calculation of value exceeds the actual fair market value of the property. Petitioner's estimate of value: $ See enclosed ( 2017 )and $ See enclosed ( 2018 ) Value Year Value Year I declare,under penalty of perjury in the second degree,that this petition,together with any accompanying exhibits or statements,has been prepared or examined by me,and to the best of my knowledge,information and belief,is true,correct,and complete. Daytime Phone Number( Petitioner's Email By Daytime Phone Number( 636 ) 733-5455 s Agent' Email appeals@jcsco.com 'Letter of agency must be attached when petition is submitted by an agent. If the Board of County Commissioners,pursuant to 39-10-114(1),C.R.S.,or the Property Tax Administrator,pursuant top 39-2-116,C.R.S., denies the petition for refund or abatement of taxes in whole or in part,the Petitioner may appeal to the Board of Assessment Appeals pursuant to the provisions of*39-2-125,C.R.S.,within thirty days of the entry of any such dec eion,§39-10-114.5(1),C.R.S. Section II: Assessor's Recommendation �J/(�\ (For Assessor's Use Only) Tax YearA0 f Tax Year(940 g qr i qL/fie Q Q �$ J mil] / �Q J� (_ ^haw Assessed /� /Titan Origins(' Il�t0, V l 10)D 1 0 H' i%1,0(/1r (,"'illy $� 'v/09O J7/Dl2.vt5 conedjitiri 00r00 f i-I90IcOo 4°ii71,h29 ?(moa ) tqcio/ ,It3' Abate/Refund f ❑Assessor recommends approval as outlined above. If the request for abatement is based upon the grounds of overvaluation,no abatement or refund of taxes shell be made If an objection or protest to such valuation has been fled and a Notice of Determination has been mailed to the taxpayer,§39-10-114(1)(e)(IXD),C.R.S. Tax year. Protest? ['No ❑Yes (If a protest was fled,pte 0-e attach a copy of the NOD.) Tax year Protest? ❑No ❑Yes(If a protest was flied,please attach a copy of the NOD.) Assessor recommends denial for the following reason(s): t)n J1/43- Assessor's or Deputy Assessor's Signature 15-OPT-AR No.920-66/16 • 19348470001 CO FOR ASSESSORS AND COUNTY COMMISSIONERS USE ONLY (Section III or Section IV must be completed) Every petition for abatement or refund filed pursuant to §39-10-114,C.R.S.shall be acted upon pursuant to the provisions of this section by the Board of County Commissioners or the Assessor,as appropriate,within six months of the date of filing such petition,§39-1-113(1.7), C.R.S. Section III: Written Mutual Agreement of Assessor and Petitioner (Only for abatements up to$10,000) The Commissioners of County authorize the Assessor by Resolution No. to review petitions for abatement or refund and to settle by written mutual agreement any such petition for abatement or refund in an amount of$10,000 or less per tract,parcel,or lot of land or per schedule of personal property,in accordance with§39-1-113(1.5),C.R.S. The Assessor and Petitioner mutually agree to the values and tax abatementlrefund of: Tax Year Tax Year Actual P«.ced Tax Actual Assessed Tax Original Corrected Abate/Refund Note:The total tax amount does not include accrued interest,penalties,and fees associated with late and/or delinquent tax payments,it applicable. Please contact the County Treasurer for full payment information. Petitioner's Signature Date Assessor's or Deputy Assessor's Signature Date Section IV: Decision of the County Commissioners (Must be completed if Section III does not apply) WHEREAS,the County Commissioners of County,State of Colorado,at a duly and lawfully called regular meeting held on / / ,at which meeting there were present the following members: Month Day Year with notice of such meeting and an opportunity to be present having been given to the Petitioner and the Assessor of said County and Assessor (being present--not present)and Name Petitioner (being present--not present),and WHEREAS,the said Name County Commissioners have carefully considered the within petition,and are fully advised in relation thereto, NOW BE IT RESOLVED,that the Board(agrees--does not agree)with the recommendation of the Assessor and the petition be(approved—approved in part--denied)with an abatement/refund as follows: Year Assessed Value Taxes Abate/Refund Year Assessed Value Taxes Abate/Refund Chairperson of the Board of County Commissioners'Signature County Clerk and Ex-officio Clerk of the Board of County Commissioners in and for the aforementioned county,do hereby certify that the above and foregoing order is truly copied from the record of the proceedings of the Board of County Commissioners. IN WITNESS WHEREOF,I have hereunto set my hand and affixed the seal of said County this day of Month Year County Clerk's or Deputy County Clerk's Signature Note: Abatements greater than$10,000 per schedule,per year,must be submitted in duplicate to the Property Tax Administrator for review. Section V: Action of the Property Tax Administrator (For all abatements greater than$10,000) The action of the Board of County Commissioners,relative to this abatement petition,is hereby ❑Approved ❑Approved in part$ ❑Denied for the following reason(s): Secretary's Signature Property Tax Administrator's Signature Dale 15-DPT-AR No.920-66/15 19348470001 CO Corporate Headquarter& 18040 Edison Avenue Chesterfield,MO 63005 3USF.PH C.SANSONE COMPANY 1-800 394-0140 .iaaviatAir sSeasrt' AGENT AUTHORIZATION Colorado TO: Weld County Assessor's Office and the Assessment Review Agency The Property Owner(s) listed below hereby authorize and appoint the Joseph C. Sansone Company to act as agent with full authority to handle all matters relating to ad valorem tax matters for our respective listed parcels. This includes.but is not limited to, the filing of property tax declarations or other documents with you or the Assessment Appeals Board,examining any records in your office which we have a right to examine.appearing before any assessment officer or board and discussing assessments and resolving disputes with you concerning the assessments on parcels for which we are responsible for the property taxes.This authority shall terminate when all matters relating to the 2017 through 20 20 assessments are resolved. PHI ENTERPRISES LLC 131326206001 R7733799 Exact Name of Property Owner Parcel Number Schedule/PM/Account cif applicable) Exact Name of Property Owner Parcel Number Schedule/PIN/Account or applicable) Exact Name of Property Owner Parcel Number Schedule/PIN/Account(inapplicable) Exact Name of Property Owner Parcel Number Schedule/PIN/Account(inapplicable) lia;141V SCOW(,JjS9 n AUTHORIZED SIGNATURE PRINT NAME OF AUTHORIZED SIGNER DATE TITLE State of Colorado City/County of &Jad On this .Z I day of 1711 y 201t before me.the undersigned.personally appeared :C•# A. IJ+/sw,v known to me(or satisfactorily proven)to be the person whose name is subscribed to within this instrument and acknowledged that he executed the same for the purposes therein contained. In witness hereof I hereunto set my hand and official seal. �� Notary Public n'- ��4 1a C: 0011MAWARM NOTARY PUBU0 ONE pp REVISED 06/15 NOUN")100111010019 mowam smitti>monorroanlai.a000 . . 7700 Miller JosEPHc snxsorrE co. PTR Number: 19348470001 CO Business Tax Solutions* Location IDs: R7733799 Area Type WAREHOUSE WAREHOUSE Location Totals Gross Building Area 6,000 20,000 26,000 Net Leaseable Area 6,000 20,000 26,000 Potential Gross Income 5.00 30,000 5.00 100,000 4.77 130,000 Vacancy and Credit Loss 5.0% 1.500 5.0% 5.000 5.0% 6,500 Effective Gross Income 28,500 95,000 123,500 Overall Expense 18.0% 2.28018.0% 7.6001 I I 18.0% 9.880 Net Operating Income 26,220 87,400 113,620 Base Cap Rate 8.000 Adj Tax Rate 0.144 Adj Cap Rate 8.144 Value Sum 1,395,138 Indicated Value 1,395,000 Total Indicated Value per SF(NLA) 53.66 19348470001CO Broker's Opinion-This is not an apprasial-See Full Disclaimer REAL PROPERTY SUMMARY ANALYSIS OF Front Range Tooling 7700 Miller FREDERICK, CO 80504 Parcel ID(s) Appeal Number R7733799 Prepared By: JOSEPH C.SANSONE CO. Business Taw&dram JOSEPH C. SANSONE COMPANY 18040 Edison Avenue Chesterfield, Missouri 63005 <This is not an appraisal> This information is provided by the Joseph C.Sansone Company as an authorized advocate and representative of the property owner or taxpayer. Therefore,the information is not and should not be considered an objective analysis of the value of the subject property interest. The information is not intended to constitute an "appraisal"or"appraisal report"pursuant to the Uniform Standards of Professional Appraisal Practive("USPAP")or Missouri law. No one from the Joseph C.Sansone Company is acting as a licensed or certified real estate appraiser in this matter. Whether any person involved in the preparation or presentation of the information is a licensed or certified appraiser is of no importance and the information and presentation are not intended to comply with the USPAP requirements of appraisal practice. 19348470001CO • JOSEPH C.SANSONE CO. Brumes.Tax Solutions. POINTS OF DISCUSSION Property Issues Broker's Opinion -This is not an appraisal 8750 W 20th St Greeley. CO 80634 Class B R&D Building of 61 ,924 SF Sold on 11 /20/2015 for $2,868,800 - Research Complete buyer _i PDC Energy, Inc ',;. 1111-1 .:_ :- c/o Kevin Terrren r isiti-- __ �� � 1775 Sherman St -- _' Denver, --- . . (303) 860-5800 _ _ eseccr---- _ a. „_. - , . .:,:: ,,_-ii._: _ .... . I'. ...-6- . “seller -,'� �.- �..�•"""'_.... ""--_' tnae �' ARC r:-.- two' Roxanne Fie Anderson Revocable Trust ..-�- "- .-... • ... : ,, .. 4720 Bow Mar Dr - Bow Mar, CO 80123 (303) 948-2430 . )--- As vital data Escrow/Contract: - Sale Price : $2,868 ,800 Sale Date : 11 /20/2015 Status : Full Value Days on Market: 518 days Building SF : 61 ,924 SF Exchange : No Price/SF: $46.33 Conditions : - Pro Forma Cap Rate: - Land Area SF : 383,328 Actual Cap Rate : - Acres : 8 .8 Down Pmnt: $2,868 , 800 S/SF Land Gross : $7.48 Pct Down : 100 . 0% Year Built, Age : 1974 Age : 41 Doc No: 4160192 Parking Spaces : 100 Trans Tax : - Parking Ratio : 1 .61 /1000 SF Corner: No FAR 0 . 16 Zoning : C-3 Lot Dimensions : - Percent Improved : 90.2% Frontage: - Submarket: Weld County Ind Tenancy: Single Map Page : - Comp ID : 3446022 Parcel No : 095918000047 Property Type : Flex income expense data Listing Broker Expenses - Taxes $41 , 172 CBRE CBRE - Operating Expenses 5455 Landmark PI 3003 E Harmony Rd Total Expenses $41 172 Greenwood Village, CO 80111 Fort Collins, CO 80528 (720) 528-6300 (970) 372-3007 James Bolt, Tyler Carner Peter Kelly Buyer Broker - - _ - - financing - - - - --- --- Copyrighted report licensed to Joseph C. Sansone Company - 996357. N 4321 -4341 Mulligan St Longmont , CO 80504 Class C Warehouse Building of 12,000 SF Sold on 7/31 /2015 for $735,000 - Research Complete • buyer Nick Sekich 6790 WCR 32 r _ Platteville, CO 80651 , ,911 (970) 535-4338 47164P -(II_ - r r. Mf '� �ir sellerre a _— - ----- + a t Y fir► �•► t r,1 . ,t, 1 Is Its _ Ralph Goble 6 _�~' •� c. , ..�,erf, . 1 • _ I r. ♦ t-+, -. . (970) 498-8997doSIO vital data Escrow/Contract: - Sale Price : $735,000 Sale Date : 7/31 /2015 Status : Full Value Days on Market: - Building SF : 12,000 SF Exchange : No Price/SF : $61 .25 Conditions : - Pct Office : 56. 3% Land Area SF : 38, 707 Pro Forma Cap Rate : - Acres : 0 .89 Actual Cap Rate : - $/SF Land Gross : $ 18 .99 Down Pmnt: $335,000 Year Built, Age : 1996 Age : 19 Pct Down : 45.6% Parking Spaces : 10 Doc No: 4129599 Parking Ratio : - Trans Tax : - FAR 0 .31 Corner: No Lot Dimensions : - Zoning : - Frontage : - No Tenants : 2 Tenancy: Multi Percent Improved : 67.7% Comp ID : 3362710 Submarket: Weld County Ind Map Page : - Parcel No : 120723001046 Property Type : Industrial income expense data Listing Broker Expenses - Taxes $20,341 No Listing Broker on Deal - Operating Expenses Total Expenses $20 , 341 Buyer Broker No Buyer Broker on Deal I, _ _ -- - - ---- --- --- -- ----- ---- financing 1st Adams Bank & Trust Bal/Pmt: $400,000 Copyrighted report licensed to Joseph C. Sansone Company - 996357. 3/6/2020 Attn: Brenda Dones RE: 2017&2018 Abatement received 1/2/2020 R7733799 PHI Enterprises LLC c/o Front Range Tooling 7700 Miller Dr Frederick,CO 2017/2018 Assessors Value$1,690,000 or($65/sf) SUBJECT: The subject property is located at 7700 Miller Drive in Frederick,CO. The subject property contains 92,521 square feet of land located in Frederick West Business Center,south of Godding Hollow Pkwy and east of I-25 in Frederick. There are two buildings on this property.The first was built in 1999 and contains 20,000 square feet.The office portion is 5,100 square feet and the warehouse portion is 14,900 square feet. It is of masonry construction of average quality in typical condition. The second building was built in 2009 and contains 6,000 sf of warehouse. It is of metal frame construction of average quality in typical condition. This denial will allow the appeal to be carried forward to the next level of appeal. There is currently a 2019 appeal on this property pending at BAA. Hello