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Home My WebLink About20202214.tiffWeld County Board of Equalization Dockets: 2020-2202 through 2020-2255, 2020-2257, 2020-2259, 2020-2332 Accounts: R0028093 + 77 accounts (see Attachment B) Date: August 3, 2020 Time: 1:30 p.m. Brenda Dones Weld County Assessor p@o-a@oa- (Na6-aaSS Sao-aas-7 aoao-Das9 G'oa0 a33a Aso to Co Subject Property The subject properties are 78 commercial/industrial properties located throughout Weld County The accounts, ownership and property addresses are listed in Attachment B Reason for the Appeal The appeal states that the Assessor failed to revalue the listed properties for tax year 2020 due to their decrease in value as a result of the detrimental act of nature of the,COVID 19 pandemic Overview of Property Taxation The actual value of such property shall be that value determined by appropriate consideration of the cost approach, the market approach and the income approach to appraisal § 39-1-103 (5)(a), C R S The actual value is established as of the appraisal date For the 2019 reappraisal year and the 2020 intervening year, the appraisal date is June 30th, 2018 The economic data used is from January 1, 2017 to June 30, 2018 The value on June 30th is also described as the 'level of value' For the purposes of this article , "level of value" means the actual value of taxable real property as ascertained by the applicable factors enumerated in section 39-1-103(5) for the one -and -one- half -year period immediately prior to July 1 immediately preceding the assessment date § 39-1-104 (10 2)(d), C R S The assessment date is January 1 of every year § 39-1-105, C R S The assessment date for the 2019 reappraisal year was January 1, 2019 The assessment date for the 2020 intervening year is January 1, 2020 The actual value is the same for each year unless there has been a change to the property that is listed as an unusual condition The provisions of subsection (10 2) of this section are not intended to prevent the assessor from taking into account, in determining the actual value for the years which intervene between changes in the level of value, any unusual conditions in or related to any real property which would result in an increase or decrease in actual value An unusual condition is limited to the installation of an on -site improvement the addition to or remodeling of a structure, a change of use of the land, any new regulations restricting or increasing the use of the land, any detrimental acts of nature, and any damage due to accident, vandalism, fire, or explosion When taking into account such unusual conditions the assessor must relate such changes to the level of value as if the conditions had existed at the time § 39-1-104(11)(b)(I), C R S 2 If an unusual condition exists on January 1, 2020, then the property is revalued for the intervening year taking into consideration the unusual condition and using the economics as were in existence on June 30th, 2018. For the 2019 reappraisal and 2020 intervening year: 1/1/2017 6/30/2018 Appraisal date Economic conditions 1/1/2019 Assessment date (base year) Physical conditions 1/1/2020 Assessment date (intervening year) Physical conditions from unusual conditions Relevant Dates Related to the Pandemic All relevant dates occurred after the assessment date of January 1, 2020. World Health Organization: 1/21/2020 — First reported case of COVID-19 in the USA Centers for Disease Control: 1/31/2020 — CDC declares COVID-19 a public health emergency State of Colorado: 3/11/2020 - State Declaration of Disaster Emergency Weld County: 3/18/2020 — County Declaration of Disaster Emergency Guidance from the Division of Property Taxation The Assessor Reference Library (ARL) published by the Colorado Division of Property Taxation is binding on Assessors. ARL 2, page 2.6, states in part: 'Property is assessed according to its taxable status, use, and condition on the assessment date.' The Colorado Division of Property Taxation provided guidance on the timing of an unusual condition on May 13, 2020. The memo is attached as Attachment A. In summary, the Division confirmed that an unusual condition must have existed on January 1 for an intervening year value to be adjusted. 3 Conclusion As required by law, the Assessor's office correctly valued the!properties using the cost, market and income approaches to value and established a fair value as of the appraisal date of June 30, 2018 i The Assessor's office appropriately reviewed the properties on the assessment date of January 1, 2020 Any indication of the pandemic in Weld County occurred after the January 1, 2020, assessment date and therefore cannot be considered in the intervening year valuation Any documented impact of the COVID-19 pandemic on property values will be taken into consideration for the 2021 reappraisal using the appraisal date of June 30`h, 2020, and the assessment date of January 1st, 2021 I 4 Attachment A O COLORADO Department of Local Affairs 1+r(rn^(r tP„1 1 MEMORANDUM To: County Assessors and Other interested parties From: JoAnn Groff Property Tax Administrator Date: May 13, 2020 Re: Application of Unusual Condition Statute for Current Year Assessments The Division has received several inquiries recently regarding application of § 391-104( l)(b)(1), C.R.S. — the unusual condition statute— to the current economic situation. The request is that the 2020 intervening year values be adjusted because of the existence of an unusual condition as defined in statute. The Division's position on this question is that the assessment date statute. X39 -I-105. C.K.S. controls. For an intervening year value to be adjusted because of the existence of an unusual condition, that unusual condition must have existed on January l z`. The only reason that a property's assessment can be adjusted for events occurring after the January lit date is when real property is destroyed or demolished, § 39-5-117, C.R.S. If you have further questions regarding this issue please contact Curt Settle at curt.scttic:u statc.co.us or 303-864-7791. Governor .iced S. Potis I Rick M. Garcia, Executive Director I JoAnn Groff, Property Tax Administrator 1313 Sherman St., Room 419, Denver, CO 80203 P 303.864.7777 F 303.864.7799 www.doia.colorado.gov Strengthening Colorado Communities 5 Attachment B ACCOUNTNO' ' DOCKET# NOD Value NAME BUSINESSNAME PROPERTY ADDRESS CITY R0028093 2020-2202 $ 6,021,549 F T R0029690 2020-2203 $ 8,516,830 NVW LLC MOUNTAIN STATES ROSEN LLC R0037790 2020-2204 1 $ 775,200 R6295386 2020-2204 , $ 240,608 R6295886 2020-2204 1 $ 1,120,000 736 BASELINE LLC R6296086 2020-2204 $ 1,120,000 R6296586 2020-2204 T $ 707,578 RAW PROPERTY LLC DIESEL SERVICE PROPERTY II LLC 2625 35TH AVE NUGGET INTERNATIONAL- ! 920 N 7TH AVE LAMBSKIN PLANT DIESEL SERVICE & SUPPLY ( 801 BASELINE PL B GHTON 873 BASELINE PL ; BRIGHTON GREELEY TI GREELEY R6296686 2020-2204 , $ 768,240 R6784865 2020-2204 $ 1,941,362 R6778342 2020-2205 $ 6,425,912 DIESEL SERVICE PROPERTY LLC DIESEL SERVICE PROPERTY LLC DIESEL SERVICE PROPERTY LLC RAW PROPERTY LLC CRESTONE PEAK RESOURCE HOLDINGS LLC R0057293 2020-2206 $ 1,229,786 WESTLAKE VILLAGE LLC R0057393 2020-2206 $ 1,102,929 WESTLAKE VILLAGE LLC R0057693 2020-2206 $ R0057793 12020-2206 I $ R8951925 R8951926 815,544 WESTLAKE VILLAGE LLC 1,955,343 2020-2206 , $ 16,934,443 2020-2206 $ 517,892 WESTLAKE VILLAGE II LLC WESTLAKE VILLAGE LLC WESTLAKE VILLAGE LLC R8951927 2020-2206 $ 2,458,629 WESTLAKE VILLAGE LLC 736 BASELINE PL I BRIGHTON 705 N 9TH AVE I BRIGHTON 729 BASELINE PL , BRIGHTON DIESEL SERVICE & SUPPLY 755 N 9TH AVE I BRIGHTON DIESEL SERVICE & SUPPLY 1625 BASELINE RD I BRIGHTON 10188E INTERSTATE 25 I FIRESTONE FRONTAGE RD 2108 35TH AVE GREELEY WESTLAKE WINE & SPIRITS _1 2024 35TH AVE GREELEY EJ TANNING / FOSTER CHIROPACTIC/ HEARING ! 2018 35TH AVE GREELEY REHAB BlueMug/Wildnwooly/ 2030 35TH AVE GREELEY Hearnes / Hunan 2100 35TH AVE GREELEY R0057790 2020-2207 $ 3,276,300 I PROWNBUSINESS 600 OAK AVE PROPERTIES LLC R0927786 12020-2207 ; $ 288,000 j BROWN BUSINESS PROPERTIES LLC R8947574 12020-2207 BROWN BUSINESS $ 1,812,773 PROPERTIES LLC -- - j - BROWN BUSINESS R8956090 2020-2207 $ 2;320,965 PROPERTIES LLC i R0174589 2020-2208 $ 1,482,480 C & K INVESTMENT ROCKY MOUNTAIN PROPERTIES LLC � PROPELLER INC WHITE PEAKS PROPERTY i 2100 35TH AVE EATON 600 OAK AVE EATON 450 E COLLINS ST EATON 550 E COLLINS ST EATON 2865 AIRPORT DR ERIE R0258095 ; 2020-2209 $ 3,900,000 AIM PROCESSING 4226 COUNTY ROAD 22 i WELD II LLC l- 3901 GODDING HOLLOW R0269195 12020-2210 I $ 3,688,176 EJ HOLDINGS INC PKWY FREDERICK NORLARCO CREDIT - - R0269887 12020-2211 , $ 571,590 UNION Public Service Credit Union 422 MAIN ST WINDSOR FIRST NATIONAL BANK OF FIRST NATIONAL BANK OF 100 JOHNSTOWN R0276895 ' 2020-2212 , $ 922,080 JOHNSTOWN JOHNSTOWN JOHNSTOWN CENTER DR R0585001 i 2020-2213 $ 1,127,857 UNION COLONY BANK 1505 MAIN ST WINDSOR R1194796 I 2020-2214 $ 1,793,683 EXIT LTP INVESTMENTS 113 N 6TH AVE GREELEY LLC , R1396102 12020-2215 , $ 1,500,000 MARSID LAND LLC ACE HARDWARE 201 S ROLLIE AVE FORT LU PTO N R1882386 12020-2216 , $ 1,665,458 GARRETSON FAMILY GARRETSON'S SPORT 3817 W 10TH ST GREELEY - - PARTNERSHIP LLLP I CENTER 6 R7046298 2020-2237 I $ R7450798 2020-2238 -H R7512499 2020-2239 i $ ACCOUNTNO DOCKET# NOD Value NAME BUSINESSNAME 'PROPERTY :ADDRESS_ _ , CITY R2129486 R2291686 2020-2217 $ 1,731,828 JAGADAR LLC 2020-2218 ; $ 2,415,100 UNION COLONY BANK FAMILY DOLLAR/ AARONS/HUMAN BEAN 2626 W 10TH ST + FIRST NATIONAL BANK 1701 23RD AVE GREELEY GREELEY R2295086 2020-2219 I $ 530,750 2528 W 16TH STREET LLC 2528 W 16TH ST GREELEY R2806604 2020-2220 $ 1,283,840 , MJ 3106 LLC R5270408 2020-2220 I $ 934,830 MJ 3106 LLC R5270508 2020-2220 I $ R3252904 2020-2221 I $ R3253204 2020-2222 ' $ H - R3557205 2020-2223 R3725605 2020-2224 I $ R3908505 2020-2225 T Designing Beauty Academy 4625 20TH ST 455,770 MJ 3106 LLC 2,402,935 BANZHAF SCOTT T 7 ACE HARDWARE 2,691,784 ADAMS BANK TRUST 1,404,608 BOULDER MARINE INC 1,190,000 PAR 4 PROPERTIES LLC 4,070,000 WILLCO IV DEVELOPMENT LLLP R4510706 2020-2226 $ 3,653,326 MLS PROPERTIES LLC R4596707 2020-2227 ; $ 1 R4596807 I R4699107 R4738686 R4793707 R5577286 R5721186 2020-2227 $ 2020-2228 $ 2020-2229 $ 2020-2230 i $ 2020-2231 I $ 326,230 RC 4689 LLC 223,210 RC 4689 LLC GREELEY 4657 W 20TH ST 1 GREELEY ADAMS BANK AND TRUST 4657 W 20TH ST I GREELEY I_ 8258 COLORADO BLVD I FIRESTONE 8308 COLORADO BLVD FIRESTONE VS MOLDING HAMPTON INN HOTEL Sta rbu cks/C n cket/M a x Muscle/Cafe Mexicali/Jimmy Johns 5792 IDEAL DR I FREDERICK T- - 180 MILLER DR DACONO 12350 29TH ST GREELEY 4629 CENTERPLACE DR GREELEY , RITCHIE BROS 6,423,570 RITCHIE BROS PROPERTIES INC 2,386,563 ' BOULDER SCIENTIFIC CO 4689 W 20TH ST GREELEY , 4689 W 20TH ST GREELEY 4444 RITCHIE DR MEAD 498 3RD ST MEAD 1,887,540 EARLY EDUCATION CHILDRENS WORKSHOP 6700 W 29TH STREET RD GREELEY ENTERPRISES LLC CUSTOM FENCE & SUPPLY 1,322,590 HIGHWAY 119 LLC INC 3031 HIGHWAY 119 WELD i - - - - - ROLINDA COLORADO CO 2020-2232 $ 1,069,265 LTD FIREBAUGH PRECAST 5294 COUNTY ROAD 12 WELD I RIGGS & DICKEN R5722686 2020-2233 $ 1,035,000 TRENWA, INC 5424 COUNTY ROAD 12 WELD I PROPERTIES LLC I R6783065 2020-2234 I $ `6,225,001 WILLCO VIII Candlewood Suites 3530 W 29TH ST DEVELOPMENT LLLP R6784078 2020-2235 $ 2,422,662LLCROUSDEVELOPMENT R6786738 2020-2236 $ 1,935,000 KERSEY HOTEL LLC LSUITES 1,234,260 CODE 3 ASSOCIATES INC LIBERTY AVIATION LLC 96,000 GREELEY 3770 PURITAN WAY FREDERICK - -I COBBLESTONE INN AND 309 HILL ST KERSEY 1530 SKYWAY DR WELD WELD 3,000,000 MLS PROPERTIES LLC PEAKVIEW POINTE (OFFICE 5754 W 11TH ST GREELEY BLDG) I R7518799 2020-2240 i $ 1,305,480 TEXAS ROADHOUSE TEXAS ROADHOUSE 2451 W 28TH ST GREELEY HOLDINGS LLC R7536099 2020-2241 I $ 2,224,420 BFI MEDICAL WASTE INC 5355 COLORADO BLVD DACONO R7733799 2020-2242 $ R7733899 2020-2243 I $ R8122499 2020-2244 $ 2,652,000 PHI ENTERPRISES LLC FRONT RANGE TOOLING & 7700 MILLER DR FREDERICK MOLDING, INC 2,308,800 CAPITOL 3109 LLC 7600 MILLER CT FREDERICK 1,581,428 CARBON CRBON ELEMENT SPE 1011 CARBON CT ERIE LLC R8440800 2020-2245 i $ 2,232,000 FEI ENERGY FUND LLC 920 54TH AVE GREELEY (25%) MARK YOUNG R8574200 2020-2246 'r $ 1,975,785 GUIDA LLC CONSTRUCTION 7200 MILLER PL FREDERICK - - - - INCORPORATED I J 7 ACCOUNTNO DOCKET# NOD Value NAME BUSINESSNAME PROPERTY ADDRESS ' CITY R8921500 R8928300 NAN MADEIRA STUART I 2020-2247 $ 2,324,133 TRUST 11456 SKYWAY DR WELD 1 r WIDE OPEN REAL ESTATE 2020-2248 $ 2,918,729 HARLEY DAVIDSON 3761 MONARCH ST 1 FREDERICK ' LLC R8928400 2020-2248 $ R8945705 2020-2249 $ R8946678 2020-2250 $ 329,664 WIDE OPEN REAL ESTATE i 3751 MONARCH ST FREDERICK LLC 2,749,289 I WEAVER 880 LLC PROS CLOSET i 1460 VISTA VIEW DR i LONGMONT 3200 VILLAGE VISTA 234,045 DRIVE LLC SILVER COIN R8947282 2020-2251 ! $ 2,916,900 INVESTMENTS CRESTONE PEAK R8949102 2020-2252 $ 2,040,993 2797 COUNTY ROAD 6 WELD RESOURCE HOLDINGS LLC L R8953237 2020-2253 , $ 6,391,177 GEP INVESTMENTS INC R4597007 2020-2254 $ 870,230 MJ3106 LLC Hart Financial/Allied Home 4689 W 20TH ST GREELEY Mortgage R8965193 2020-2254 ' $ 233,918 MJ3106 LLC 4689 W 20TH ST GREELEY R8962589 2020-2255 $ 606,199 MP 4665 LLC 14665 20TH ST GREELEY 17750 E I-25 FRONTAGE R4201806 2020-2257 $ 6,197,113 GEP INVESTMENTS INC TRANSWESTTRUCKS FREDERICK H 3200 VILLAGE VISTA DR ERIE R6784814 2020-2257 $ 5,774,518 GEP INVESTMENTS INC R7083598 2020-2259 $ 6,314,357 i ASHTON GREELEY PROPERTY LLC 4409 CORIOLIS WAY FREDERICK - i -{ 13525 COUNTY ROAD 8 FORT LUPTON 4001 COMMERCE CT FREDERICK 7251 W 4TH ST GREELEY R5251408 2020-2332 ; $ 309,570 I UYEMURA ANA i j 4689 W 20TH ST GREELEY 8 Law Offices of James P Bick, Jr. PC 18040 Edison Ave. St. Louis, MO 63005 636-733-5493 Direct 636-733-2210 Fax jbickjr@jscco.com James P. Bick, Jr. Admitted in MO, IL and CO July 13, 2020 Weld County Board of Equalization P.O. Box 758 Greeley, CO 80631 PETITIONS TO THE BOE 78 Appeals Dear Board: 28 Huntleigh Woods St. Louis MO 63131 314-368-5732 jbickjr@gmail.com RECEIVED JUL 2 0 2020 WELD COUNTY COMMISSIONERS: On behalf of each of the Weld County property owners listed on Attachment A and their agent please accept this letter as property owners' appeals to the Weld County Board of Equalization for the 2020 tax year. Attachment A sets forth each of my clients' names, Parcel IDs, Alternate IDs and Parcel Legal Addresses. The basis of each owner's appeal is as follows: Each listed taxpayer protests and objects to the failure of the assessor to revalue their properties and decrease the assessed value of the referenced properties for tax year 2020 due to their decrease in value as a result of the detrimental act of nature of the COVID 19 pandemic which has resulted in, among other detriments to the property, County, State and federal regulations and executive orders issued which severely limit taxpayers' and others' access and use of the property, which revaluation of the property the assessor is required to perform in accordance with Colorado Rev. Stat. section 39 -1 — 104 (11) (b)(I). 1 2020-2214 AS0 I000 My clients' estimate of the values of their properties taking into account the unusual conditions they are subjected to is set forth in the far right column of Attachment A. Please contact me for available dates for the hearing on these appeals for which I request a one hour time slot for all 78 appeals. Enclosures 2 Sincerely, Jam . 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BOX 758 GREELEY CO 80632 Agent (if applicable): BICK JR JAMES P LAW OFFICES 18040 EDISON AVE CHESTERFIELD, MO 63005- 3702 RE: THE BOARD OF EQUALIZATION 2020, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket 2020-2214, AS0106 Appeal 2008226317 Hearing 8/3/2020 1:30 PM Account(s) Appealed: R1194796 Dear Petitioner(s): The Weld County Board of Equalization has set a date of August 3, 2020, at or about the hour of 1:30 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 at6,e , Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Assessor July 22, 2020 Agent: RICK JR JAMES P LAW OFFICES 18040 EDISON AVE CHESTERFIELD, MO 63005-3702 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: EXIT LTP INVESTMENTS LLC 6143 S WILLOW DR STE 400 GREENWOOD VILLAGE, CO 80111-5125 RE: THE BOARD OF EQUALIZATION 2020, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket 2020-2214, AS0106 Appeal 2008226317 Hearing 8/3/2020 1:30 PM Account(s) Appealed: R1194796 Dear Petitioner(s): The Weld County Board of Equalization has set a date of August 3, 2020, at or about the hour of 1:30 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 Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Assessor Additional Documentation Submitted 07/31/2020 Before the Weld County Colorado Board of Equalization NVW LLC ) Et. al ) Docket 2020-2202; ASO106 ) Appeal Numbers: 2008226289 thru ) 2008226412 ) See attachment A v. ) ) Brenda Dones Weld County Assessor ) ) July 29, 2020 Complainants' Hearing Brief Introduction All Complainants appeal the refusal of the Weld County assessor to revalue their properties in accordance with Colorado law which requires the assessor to revalue property, which, during an intervening year, such as 2020, is affected by an unusual condition, as defined in the law. The indisputable unusual conditions which have affected Complainants' properties are the COVID 19 Pandemic and the regulatory restrictions on Complainants' use and access to their properties. In all of the appeals listed, the assessor refused to consider the Complainants' request in violation of Colorado law. All Complainants seek an order from the Board of Equalization to direct the assessor to revalue their properties in light of these unusual conditions. Colorado "Unusual Condition" Statutory Law The "unusual conditions" statute upon which Complainants rely is CRSA Section 39-1-104 (11) (b) (I) which provides as follows: "(b) (I) The provisions of subsection (10.2) of this section are not intended to prevent the assessor from taking into account, in determining actual value for the 1 years which intervene between changes in level of value, any unusual conditions in or related to any real property which would result in an increase or decrease in actual value. If any real property has not been assessed at its correct level of value, the assessor shall revalue such property for the intervening year so that the actual value of such property will be its correct level of value; however, the assessor shall not revalue such property above or below its correct level of value except as necessary to reflect the increase or decrease in actual value attributable to an unusual condition. For the purposes of this paragraph (b) and except as otherwise provided in this paragraph (b), an unusual condition which could result in an increase or decrease in actual value is limited to the installation of an on -site improvement, the ending of the economic life of improvement with only salvage value remaining, the addition to or remodeling of a structure, a change of use of the land, the creation of a condominium ownership of real property as recognized in the "Condominium Ownership Act", article 33 of title 38, CR S, any new regulations restricting or increasing the use of the land, or a combination thereof, the installation and operation of surface equipment relating to oil and gas wells on agricultural land, any detrimental acts of nature, and any damage due to accident, vandalism, fire or explosion. When taking into account such unusual conditions which would increase or decrease the actual value of a property, the assessor must relate such changes to the level of value as if the conditions had existed at that time." (Emphasis added) The foregoing unusual conditions statute sets forth nine unusual conditions. Complainants rely on two: "any new regulations restricting or increasing the use of the land" and "any detrimental acts of nature" There can be no doubt about the presence of and devastation and disruption to Weld County business and commerce that the COVID 19 pandemic has caused since its beginning in February of this 2020 year. The COVID 19 virus pandemic is beyond dispute a "detrimental act of nature". In addition to the disruption of commercial and business life that would naturally occur in the face of a pandemic, the federal government, the state of Colorado and Weld County authorities have all issued guidelines and requirements -in the form of executive orders and regulations -that have severely restricted the use of and access to Complainants' properties Specifically, in Weld County, the following have been in effect: 2 Since the Governor issued a COVID Disaster Declaration on March 11, 2020, the Governor's office has issues 141 Executive Orders related to the COVID 19 pandemic. Such orders may be found here: https://www.colorado.govlgovernor/2020-executive-orders Many of such orders either completely shut down Complainants' businesses or their tenants' businesses or severely limited their operations, and many orders restricted customers of such businesses from leaving their homes. In addition, since the Disaster declaration, the Colorado Dept of Public Health has issued at least 28 Public Health Orders supplementing or adding to the scope of the Executive Orders. Such orders may be found here: https: //C OVID 19. colorado.gov/prepare-protect-yourself/prevent-the-spread/public- health-executive-orders And in and for Weld County, Weld County Health Dept has issued directives and orders in compliance with state orders that have enforced restrictions on businesses. https://www.weldgov.com/departments/health and environment/2019 novel Coro navirus The foregoing are indisputably "new regulations restricting use of the land" Colorado Supreme Court and Appellate Court Interpretations of the "Unusual Condition" Statute Complainants count six Colorado cases that have dealt with the "unusual condition" portion of CRSA §39-1-104. None have dealt directly with the unusual conditions of "regulations restricting use of the land" or "a detrimental act of nature". However, several of the cases are instructive as to the overall operation of the statute and its application to "intervening years". The Colorado Supreme Court in Carrera Place Limited, et al v. Weld County Board of Equalization, et al. 761 P.2d 197 (CO. 1988 en bane) explained the general operation of CRSA §39-1-104(11)(b)(I) as follows: 3 "Although the legislature recognized that certain conditions may render a property's real economic value during a tax year greater than or less than its base year value, it chose to limit revaluation to those cases in which it deemed that a change in the property or in the property's use rendered application of the base year value unjust. Although a change in economic conditions might result in a property's tax year value rising above or below its base year value, the legislature decided not to permit consideration of such changes in adjusting a property's actual value for tax years to which the base year value applied except in limited circumstances" The holding in Carrera Place upheld the constitutionality of the base year method of valuing real property and denied the taxpayer's position that unusually high vacancy rates in the current tax year constituted an unusual condition under the statute. In 24, INC. v Board of Equalization of Weld County and Board of Assessment Appeals for the State of Colorado 800 P. 2nd 1366 (CO App 1990) the Court reversed the Weld County BOE's valuation of a taxpayers property, partly on the basis that no unusual condition had occurred justifying the assessor's increase in the taxpayer's valuation. In addressing the prospect of revaluations during intervening tax years, the court stated: "An assessor is not required to appraise all the real property in his or her jurisdiction every year. Rather, the General Assembly has created a method of assigning value to property under which the value for a number of years is based upon a specified year's level of value... Under the law applicable here, once a property's base year value was determined, there were only three ways that the property could be revalued to a higher or lower level during intervening years: (1) to correct a clerical error or supplier clerical omission; (2) to adjust for an unusual condition; or (3) to correct an incorrect value In specifically addressing the unusual condition exception, the court explained: "During intervening years, ie., those years between base years, an assessor may revalue property to reflect an increase or decrease in actual value attributable to an unusual condition... Here, taxpayer appealed the assessor's valuation of its property for tax year 1987 and after hearing the State Board found the actual value of the same property 4 for the 1987 tax year was $2,037,970. At the 1988 hearing, all witnesses agreed that there had been no changes to or unusual conditions on the land between January 1, 1987 January 1, 1988 as contemplated by the statute. On appeal, the state board concedes that no unusual conditions occurred in 1988 that would justify an increase in property value." Id. at 1368-69. In 1990, the Colorado Supreme Court again revisited the unusual conditions statute in LaDuke, et al. v. CF&I Steel Cooperative 75 P2d 605 (CO en bane 1990), holding that the permanent shutdown of a large portion of an industrial plant when a significant portion of the plant continued in operation did not constitute an unusual condition under the "change of use of the land" unusual condition exception. In the lead up to its decision the LaDuke court explained: "Although a taxpayers property may have increased or decreased in value, the taxpayer pays taxes on the basis of its property's value during the year preceding the base year, and not on the basis of the value during that tax year. Thus when the property values are rising in an economic upturn the base year method works in favor of the taxpayer by requiring that its property taxes be calculated on the lower base year value not on the higher tax year value. When property values are falling, the base year method works to the disadvantage of the taxpayer by requiring that property taxes be calculated on the higher property values of the base year even though those values subsequently declined. The legislature has provided an exception to the general base year rule, allowing revaluation in those circumstances in which it deemed that a change in the property or the property's use rendered application of the base year value unjust. Citing Carrera, supra. (emphasis added) In 1994, in Roberts v. BAA of Colorado and Jefferson County BOE 883 P2d 588 (CO App 1994) the Court upheld a taxpayer's position that the sale of his house constituted a 10% variance condition and thus an unusual condition which should have been taken into account by the assessor. Although the 10% variance unusual condition provision has been repealed, the court's explanation of the overall unusual condition statute is instructive: "Because the 1991 and 1992 tax years are both included in the same biennial reassessment cycle, property tax valuations for each of these tax years normally should be determined with reference to the same applicable base period, which ended on June 30, 1990.... However, §39-1-104(11)(b)(I) provides an exception to 5 this normal base period requirement for property tax valuations in years, such as the 1992 tax year, that "intervene" between the biennial reassessments. Under this exception, certain matters affecting valuation that arise after the applicable base period has ended may also be considered in determining property tax valuations for these intervening tax years, but only if those matters constitute "unusual conditions" as defined by that statute." Id at 590 citing LaDuke, supra and 24 Inc. supra. Finally, in Thibodeau v. Denver County Board of Commissioners 428 P3d 706 (CO App 2018), the court held that assessors are required to correct incorrect assessments in intervening years and may not make other adjustments absent proof of an unusual condition. Significantly, the Thibodeau court noted that if the unusual conditions statute applies, revaluations by assessors are "mandatory". Id. at 714. The Position of the Weld County Assessor Prior to filing appeals of the 2020 assessment to the Weld County Assessor, the undersigned Complainants' counsel, on behalf of all Complainants, wrote a letter on May 7, 2020 to the Assessor notifying the Assessor of his obligations under the unusual conditions statute and requesting that he revalue Complainants properties taking into account the unusual conditions. (copy of letter attached revalue Complainants' properties based upon the effect of the unusual conditions. The assessor replied on May 14, 2020 and denied that she had any obligation to revalue Complainants' properties: "With that said, I disagree that the COVID-19 pandemic is relevant for purposes of the 2020 assessment year property valuation. By state law, January 1, 2020 was the assessment date for the 2020 property tax year and the valuation date for the 2020 property tax year was June 30, 2018. C.R.S. §§39-1-105 and 39-1- 104(10.2)(d). The COVID 19 pandemic and its economic impact clearly occurred after these dates, as a result, it cannot be considered for purposes of the 2020 assessment year property valuation." (Copy of letter attached) The Weld County assessor's position was no doubt a parroting of the position of the Colorado Property Tax Administrator who issued a memorandum 6 on May 13, 2020 (a copy of which is also attached), stating her conclusion as follows: "The Division's position on this question is that the assessment date statute, §39-1— 105, C.R.S. controls. For an intervening year value to be adjusted because of the existence of an unusual condition that unusual condition must have existed on January 1. The only reason that a property's assessment can be adjusted for events occurring after the January 1 date is when real property is destroyed or demolished, § 39-5-117, C.R.S." It is significant to note that this Memorandum was not and has not been made a part of or incorporated into the Property Tax Administrators Reference Library, Land Valuation Manual (ARL) and is thus not binding on the assessor or, of course, this Board of Equalization. All Complainants timely filed their appeals of the 2020 assessments to the Assessor and on June 18, 2020, the assessor issued Notices of Decision denying all of Complainants' appeals stating: "THE COVID-19 PANDEMIC OCCURRED AFTER THE APPRAISAL DATE OF JUNE 30, 2018, AND AFTER THE ASSESSMENT DATE OF JANUARY 1, 2020. THEREFORE, IT CANNOT BE CONSIDERED FOR THE 2020 PROPERTY VALUATION." The problem with the assessor's (and the PTA's) position — that the unusual condition must have existed on January 1, 2020 — is that it is completely unsupported within the language of the unusual condition statute and it is completely contrary to the Colorado Supreme Court and Colorado appellate courts' characterizations of the unusual condition statute. Limiting the timing of the unusual conditions to January 1 of the "intervening year" is found nowhere in the unusual condition statute. In fact this statute specifies "determining actual value for the years which intervene between changes in the level of value..." (emphasis added) 2020 is indisputably an intervening year between the biennial revaluation years of 2019 and 2021. Moreover, there is no judicial support for the assessor's or the PTA's position that January 1, 2020 is the cutoff date. Nor do either the PTA or the assessor offer any support for their position by citation to Colorado court decisions or to the text of the unusual condition statute itself. 7 To reiterate, the cases cited above refute the assessor's and the PTA's position: "Although the legislature recognized certain conditions may render a property's real economic value during a tax year greater than or less than its base year value, it chose to limit revaluation to those cases in which it deemed that a change in the property or in the property's use rendered application of the base year value unjust. Carrera Place supra at 201. (Emphasis added) "During intervening years, ie those years between base years, an assessor may [now, "shall"] revalue property to reflect an increase or decrease in actual value attributed to an unusual condition" 24, Inc. supra at 1368. (emphasis added) "The legislature has provided an exception to the general base year rule, allowing [now mandating] revaluation in those circumstances in which it deemed that a change in the property or the property's use rendered application of the base year value unjust" La Duke supra at 608 "However, section 39-1-104 (11) (b) (I) provides an exception to this normal base period requirement for property tax valuations in years, such as the 1992 tax year, that "intervene" between the biennial reassessments. Under this exception, certain matters affecting valuation that arise after the applicable base period has ended may also be considered in determining property tax valuations for those intervening tax years, but only if these matters constitute "unusual conditions" as defined by that statute. Roberts, supra at 590 (Emphasis added) Thus to limit consideration of the timing of the unusual condition to January 1 of the even -numbered intervening year would in effect eliminate that intervening year from consideration, which is obviously not the purpose of the unusual condition statute, and is directly contrary to the statutory language and Colorado case law. This Board of Equalization has the authority to require the Assessor to revalue Complainants' properties CRSA §39-8-102. entitled "Duties of County Board of Equalization" expressly allows, indeed requires this Board of Equalization to "[direct] the assessor to supply any omissions which may come to its attention". In addition, that same statute requires this Board to "correct any errors made by the assessor". 8 This power includes the power to order the assessor to revalue properties. Board of Assessment Appeals v Sampson and Teller County Board of Equalization 105 P3d 198 (CO Sup Ct. 2005). Conclusion Complainants ask this Board to order the Weld County Assessor to revalue Complainants' 79 properties and to take into account for such revaluation the negative effects of the COVID 19 pandemic and the resulting Colorado and Weld County restrictive Orders. Respectfully Submitted Law Offices of James P. Bick, Jr PC By /James P. Bick, Jr./ Colorado Bar # 54697 18040 Edison Ave Chesterfield MO 63005 636-733-5493 jbickjr(a jcsco.com Attorneys for Complainants A copy of this Complainants brief and attachments have been sent this 29th day of July to Chloe Rempel, the deputy clerk of the Board of Equalization at crempel@weldpov.com and to the Board at weld-cboe@co.weld.co.us 9 : ::::::::::::::::::!''-'' :::!:!::::::;::::::::::::::; : ......:::'-:::::-.:':::;-::::::'-:::.;',E:::::::::::!;- :::::::::::::::::::: . ::: .. .,.„.........,., ::::::::::::::::::::::::::;::::::.::::::::::::::::::::.::::::::::::::::::: : :::::::::::,:::::: .4' :.::::-::::::::':::.-:, .'.'.. --.:::':.i.:::::::::::::::::, :.:',. :: :, :: :.:-:::: : .,.„.........,., .. : :::::::::::,::::: ::::::::::::;:::::::;::::::;:;,;,:-::::::::::::;::::::::::::;:::;:' :: :,:::::::::: :,'.-:::•::::•:::::::--::i .:.:•:::::::'L:::::,:::::...:,-:,::',::::..-::.:::::'-','-'..-.-::::::,,::::.:::.;.::::,.:::::::,::: : '.-. :::: ::":-:'.. :: : :::::::::::,:::::: ::::::::::::;:::::::;::::::::;,;,:-::::::::::::;::::::::::,,,:.:,,:', :: :,:::::::::: . :,_ .,.„.........,., ,.„.,.......,,.,,.,......, : ,.......,,...,......„..,..,-,..,_„,„...,....,,_ '".:: : ::::::::::::::::::.:: .::::::::::::,..;:::::::::::::::::, ::::::::::::::::::::::::::::::', : : ::: :::::::: --:: :: ::':::,..-::::::::::". ' .1:i:::::: -:::::',:::,-:::-:7.::::::.--:,:::;,:::::::::::::::::'::::::::, : ; ::: :::::::: .,.„.... ..,. : ::::::::::::::::: ::::::::::::;:::::::::::::::::, ::::::::::: :::::::::::::: : :.,:', : : ::: :::::::: .,.„.... ..,. : ::::::::::::::::: ::::::::::::;:::::::::::::::::, :::::::::::::::::::::::.::.,:', : :: ::::::, .,.„.... ..,. ,.„. ......,,. ,.._..., .,., -..,...,. _..,_.,..,,_...,, _ ..,... _ : :::::::::::::::: ::::::::::::;:::::::::::::::: :::::::::::::::::::::::::::::, : : ::: :::::::: .:, :::::, ::::..::::::::::: .:::::H:iii::";:: ::::r::.:j::::::.....;:.; --,i::::::::::::::::,:::: i:,...i", : ::::::::.:L:, i: :: ::':::,..-::::::::::". ...::::;, '.:::::-:::::',i:::,-::1:7::;.::i.--:::::-::::::::::::::::::'::::::F. : :: :: :.:-:::: .,.„.... ..,. : ::::::::::::::::: :::::::::::,..;:::::::::::::::::, ::::::::::::::::::::::::::::::',:::,::::::::: .,.„.... ..,. ,.„. ......,,. ,.._..., .,., ,..,...,. _..,_.,..,,_...,., _ ..,... _ : ::::::::::::::::: ::::::::::::;:::::::::::::::::, ::::::::::::::::::::::::::::::', : : ::: :::::::: .,.„.... ..,. : ::::::::::::::::: ::::::::::::;:::::::::::::::::, :::::::::::::::::::::::::::.,:', : : ::: :::::::: .,.„.... ..,. : ::::::::::::::::: ::::::::::::;:::::::::::::::::, :::::::::::::::::::::::.::.,:', , :: ::::::, ..„.... .. ,. ,.„. ......,,. ,.._..., .,., -..,...,. _..,_.,..,,_...,, _ ..,... _ : :::::::::::::::: ::::::::::::;:::::::::::::::: :::::::::::::::::::::::::::::, : : ::: :::::::: ss : :::::, i :::..:: ::::.::: • . : i::: H:iii::::: :::r::.:ji::::......... --,i::::::::::::::,::::: i:...i", : ::::::::.:L:, i: :: ::':::,..-::::::::-::::'::.:-..:1::::',:::::,;, '.:::::-:::::',:::,-:::-:7.:::::::-.--:::::-::::::::::::::::::'::::::::,,, ,. :: ::::::, . ,L..,.,.., . -.....„„,_..,...,.„.... ,_,._. _ ..., _ _.,.,. _,:........,.. - i. :::::::::::::::::::::::::::::::::::::::: '''.:':;H:::::'_-:'::':;'_:::::'_•.:2..:.:::'':::::'''./.:-:'.:....:•:.';_i:'...-- .•'-' - :: - -. ' : ::.::::.::::.:::::" -,',.:.:::.:F.:::::::;::::::::::::.:::::: -.:::.::::::::::::::::::::.:::::.: : :::.:.:,::.::::: : :::::, i:::..::::::: ::h:H:iii::";:: ::::::j:::::......... --,i:::::::::::::::,::::::: i :,...,.. : ; ::: :::::::: .,.„.... .. ,. : ::::::::::::::::: ::::::::::::;:::::::::::::::.: ::::::::- "::::::::::::::.: : : ::: :::::::: .,.„.... ..,. ,.„. ......,,. ,.._..., . .., . ...,........_ ..,... : ::::::::::::::::: ::::::::::::;:::::::::::::::::, ::::::: :::::::::::::::::', : : ::: :::::::: .,.„.... ..,. ,.„. ......,,. ,.._..., .,., ,..,_. .,_ .,..,,_ ...,., _ ..,... _ : :::::::::::::::::..., .::::::::::::;:::::::::::::::::, ::::::: ::::::::::::::::', : : ::: :::::::: .,.„.... ..,.._.. ..,.„. ......,,. ,.._..., .,., -..,_. .,_ .,..,,_ ...,, _ ..,..._ To: From: Date: Re: COLORADO Department of Local Affairs Division of Property Taxation MEMORANDUM County Assessors and Other interested parties JoAnn Groff Property Tax Administrator May 13, 2020 Application of Unusual Condition Statute for Current Year Assessments The Division has received several inquiries recently regarding application of § 39-1-104(11)(b)(I), C.R.S. — the unusual condition statute — to the current economic situation. The request is that the 2020 intervening year values be adjusted because of the existence of an unusual condition as defined in statute. The Division's position on this question is that the assessment date statute, §39-1-105, C.R.S. controls. For an intervening year value to be adjusted because of the existence of an unusual condition, that unusual condition must have existed on January 1St. The only reason that a property's assessment can be adjusted for events occurring after the January 1St date is when real property is destroyed or demolished, § 39-5-117, C.R.S. If you have further questions regarding this issue please contact Curt Settle at or 303-864-7791. Governor Jared S. Polis J Rick M. Garcia, Executive Director JoAnn Groff, Property Tax Administrator 1313 Sherman St., Room 419, Denver, CO 80203 P 303.864.7777 F 303.864.7799 www.dola.colorado.gov Strengthening Colorado Communities tirA OFFICE OF THE WELD COUNTY ASSESSOR PHONE (970) 400-3650 FAX (970) 304-6433 WEBSITE: WELD COUNTY ADMINISTRATIVE OFFICES 1400 N 17 AVE GREELEY CO 80631 May 14, 2020 Mr. James P. Bick, Jr. Joseph C Sansone Company 18040 Edison Avenue St. Louis, MO 63005 Re: Revaluations for 2020, Response Dear Mr. Bick, I am in receipt of your letter dated May 7, 2020. I agree that no one anticipated the COVID-19 pandemic or the far-reaching effects it would have. With that said, I disagree that the COVID-19 pandemic is relevant for purposes of the 2020 assessment year property valuation. By state law, January 1, 2020, was the assessment date for the 2020 property tax year and the valuation date for the 2020 property tax year was June 30, 2018. C.R.S. §§ 39-1-105 and 39-1-104(10.2)(d). The COVID-19 pandemic clearly occurred after these dates, as a result, it cannot be considered for purposes of the 2020 assessment year property valuation. Any documented impact of the COVID-19 pandemic on property values will be taken into consideration for purposes of the 2021 biennial reappraisal. Sincerely yours, Brenda Dones Weld County Assessor JOSEPH C. SANSONE COMPANY Business Tax Solutions May 7, 2020 Brenda Dones, Assessor Weld County Colorado 1400 N. 17th Ave. Greeley, Colorado 80631 RE: Revaluations for 2020 Dear Assessor Dones, 1A Please accept this correspondence on behalf of our clients, the owners of the Weld County commercially owned parcels listed on attachment A to this letter. We have communicated with all of such owners of the parcels listed on attachment A and none of such owners have received, as of this date, a notice of valuation from your office for this 2020 tax year. While we are well aware of your practice to not send notices of valuation to taxpayers in even -numbered (intervening) tax years if you believe there has been no change in valuation from the previous year (that is, other than the valuation notice you send with the applicable tax bill), we nonetheless direct your attention to that provision of Colorado law which requires you in an intervening tax year to revalue property which has suffered a decrease in value attributable to an unusual condition. C.R.S.§39-1-104.11(b)(I)1 Two of the specified unusual conditions listed in that provision are "detrimental acts of nature" and "regulations restricting...the use of land." There can be no doubt that the ongoing COVID-19 pandemic is a detrimental act of nature and that the resulting federal, state and county regulations and Executive Orders have restricted the use of all of our clients' properties, not to mention those of most if not all other commercial property owners in Weld County. 'Please note that with respect to C.R.S.§39-1-104.11(b)(I), in 2018 the Colorado Court of Appeals observed that "[I]n 1987 the legislature made two changes: the provision went from permissive ("the assessor may revalue such property for an intervening year") to mandatory ("the assessor shall revalue such property"), and the year beginning the reassessment cycle would no longer be referred to as the "base year" CH 285, sec. 1, 39-1-104(11)(b)(I), 1987 COLO Sess. Laws 1385" Thibodeau v Denver County Board of Commissioners 428 P.3' 706, 710, fn. 4 (CO App 2018)(emphasis original). 18040 Edison Avenue ♦ St. Louis, Missouri 63005 Phone: (636) 537-2700 Toll Free: (800) 394-0140 Fax: (636) 537-2307 HEADQUARTERS: St. Louis, Missouri Bethesda ♦ Denver ♦ Hartford • Minneapolis JOSEPH C. SANSONE COMPANY Business Tax Solutions® There can likewise be no doubt that such restrictions, most of which constitute outright prohibitions on such use of property and the widespread negative effects of the pandemic itself, have and continue to cause a substantial decrease in the value of our clients' properties, far greater than any normal market fluctuation. The absence of receipt by our clients of any notice of valuation for this 2020 tax year or any other type of notice either by mail or publication is indicative of your office's failure to comply with C.R.S.§39-1-104.11(b)(I), which may ultimately subject you to penalties and fees. While we are prepared to file appeals for tax year 2020 for all of our clients based upon the circumstances, we are mindful of the limitations and delays in work processing that the COVID19 pandemic has caused all facets of society, including your office. Therefore we believe it prudent to first inquire with you as to whether your office has or intends to undertake revaluation of properties such as those owned by our clients in compliance with the referenced Colorado law. If you have not we respectfully demand that you do so. If you have commenced such revaluations, we respectfully ask that you advise as to when our clients may expect notification of their revaluations. We also respectfully request that your office respond to this inquiry on or before May 15, 2020 in light of the June 1, 2020 appeal deadline. Thank you for your courtesies. Very Truly Yours James P. Bick, Jr. General Counsel cc. Bruce Barker, County Attorney Weld County Colorado Weld County Government 1150 O Street Greeley, CO 80631 bbarker@co.weld.co.us 18040 Edison Avenue 4 St. Louis, Missouri 63005 Phone: (636) 537-2700 Toll Free: (800) 394-0140 Fax: (636) 537-2307 HEADQUARTERS: St. Louis, Missouri Bethesda ♦ Denver ♦ Hartford 4 Minneapolis Attachment A Weld 070931203016 BROWN BUSINESS PROPERTIES LLC Weld 070931204001 BROWN BUSINESS PROPERTIES LLC Weld 080306104007 BROWN BUSINESS PROPERTIES LLC Weld 080306113001 BROWN BUSINESS PROPERTIES LLC Weld 080332301005 MOUNTAIN STATES ROSEN LLC Weld 080716308006 NORLARCO CREDIT UNION Weld 095902400010 GARRETSON FAMILY PARTNERSHIP LLLP Weld 095910228006 MLS PROPERTIES LLC Weld 095912104004 .]AGADAR l_I_C Weld 095912401032 2528 W 16TH STREET LLC Weld 095913221006 WESTLAKE VILLAGE II LLC Weld 095913222001 WESTLAKE VILLAGE LLC Weld 095913400051 TEXAS ROADHOUSE HOLDINGS LLC Weld 095914311002 MLS PROPERTIES LLC Weld 095921268001 EARLY EDUCATION ENTERPRISES LLC Weld 095923190002 WILLCO VIII DEVELOPMENT LLLP Weld 095924103001 WILLCO IV DEVELOPMENT LLLP Weld 120726301001 RITCHIE BROS PROPERTIES INC Weld 130730402005 LIBERTY AVIATION LLC Weld 131308103011 CODE 3 ASSOCIATES INC Weld 131308208002 NAN MADEIRA STUART TRUST Weld 131308210001 WEAVER 880 LLC Weld 131311303001 CRESTONE PEAK RESOURCE HOLDINGS LLC Weld 131314000002 WHITE PEAKS PROPERTY II LLC Weld 131326209005 GEP INVESTMENTS INC Weld 131326215001 GEP INVESTMENTS INC Weld 146701401001 BFI MEDICAL WASTE INC Weld 146701404009 PAR 4 PROPERTIES LLC Weld 146719002002 CARBON ELEMENT SPE LLC Weld 146721400005 CRESTONE PEAK RESOURCE HOLDINGS LLC Weld 146731005022 C & K INVESTMENT PROPERTIES LLC Weld 146732460002 3200 VILLAGE VISTA DRIVE LLC Weld 147105306001 MARSID LAND LLC Weld 147131004003 DIESEL SERVICE PROPERTY II LLC Weld 147131004008 736 BASELINE LLC Weld 147131004010 DIESEL SERVICE PROPERTY LLC Weld 147131004011 RAW PROPERTY LLC Weld 147131005005 DIESEL SERVICE PROPERTY LLC Weld 147131005006 DIESEL SERVICE PROPERTY LLC Weld 147131401001 RAW PROPERTY LLC Weld R0057293 WESTLAKE VILLAGE LLC Weld R0057393 WESTLAKE VILLAGE LLC Weld R0057693 WESTLAKE VILLAGE LLC Weld R0189588 BSC HUDSON LLC Weld R0269195 EJ HOLDINGS INC Weld R0276895 FIRST NATIONAL BANK OF JOHNSTOWN Weld R0585001 UNION COLONY BANK Weld R2291686 UNION COLONY BANK Weld R3253204 ADAMS BANK TRUST Weld R3557205 BOULDER MARINE INC Weld R4738686 BOULDER SCIENTIFIC CO Weld R5577286 HIGHWAY 119 LLC Weld R5722686 RIGGS & DICKEN PROPERTIES LLC Page 1012 Attachment A Weld Weld Weld Weld Weld Weld Weld Weld Weld R6784078 R6786738 R7733799 R7733899 R8440800 R8574200 .................. R8951926 R8951927 R4726107 FERROUS DEVELOPMENT LLC KERSEY HOTEL LLC PHI ENTERPRISES LLC CAPITOL 3109 LLC FEI ENERGY FUND LLC (25%) GUIDA LLC WESTLAKE VILLAGE LLC WESTLAKE VILLAGE LLC KINDSFATER KIRK A KINDSFATER DEBORA .1 Page 2 of 2 Attachment A Weld County 2020 Tax Year Jurisidction Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Parcel Legal Owner Name NORIARCO CREDIT UNION BANZFIAF SCOTT T GEP INVESTMENTS INC GEP INVESTMENTS INC MIS PROPERTIES LLC MLS PROPERTIES LLC EJ HOLDINGS INC MARS D LANG LLC TEXAS ROADHOUSE HODINGS LLC BOULDER SCIENTIFIC CO RITCHIE BROS PROPERTIES INC WHITE PEAKS PROPERTY II LLC FIRST NATIONAL BANK OF JOHNSTOWN UNION COLONY BANK UNION COLONY BANK FEI ENERGY FUND LLC (25%) PAR 4 PROPERTIES LLC CARSON ELEMENT SPE LLC EARLY EDUCATION ENTERPRISES LLC DIESEL SERVICE PROPERTY II LLC RAW PROPERTY LLC 736 BASELINE LLC RAW PROPERTY LLC DIESEL SERVICE PROPERTY LLC DIESEL SERVICE PROPERTY LLC DIESEL SERVICE PROPERTY LLC LI BERRY AVIATION LLC GUIDA LLC HIGHWAY 115 LLC CAPITOL 3105 LLC WILLCO !V DEVELOPMENT LLLP WILLCO VIII DEVELOPMENT LLLP KERSEY HOTEL LLC C & K NVESTMENT PROPERTIES LLC MOUNTAIN SATES ROSEN LLC BFI MEDICAL WASTE INC NAN MADEIRA STUART TRUST CODE 3 ASSOCIATES INC CRESTONE PEAK RESOURCE HOLDINGS LLC CRESTONE PEAK RESOURCE HOLDINGS LLC BROWN BUSINESS PROPERTIES LLC BROWN BUSINESS PROPERTIES LLC BROWN BUSINESS PROPERTIES LLC BROWN BUSINESS PROPERTIES LLC WEAVER 880 LIC JAGACAR LLC 3200 VILLAGE VISTA DRIVE LLC 2528 W 16TH STREET LLC WESTLAKE VILLAGE II LLC WESTLAKE VILLAGE LLC WESTLAKE VII LAGE LLC WESTLAKE VILLAGE LLC WESTLAKE VII LAGE LLC WESTLAKE VII LAGE LLC W ESTEAKE VI I LAGE LLC Parcel ID Alternate ID 080716308006 R0269837 131119305003 R3252904 131326215001 R6784814 131326209005 R4201806 095914311002 R4510706 095910228006 R7512499 131322408003 R0269195 147105306001 R1396102 095913400051 R7518799 120710300014 R4738686 120726301001 R4699107 131314000002 R0258095 105908102001 R0276895 080719006007 R0585001 095912400020 R2291686 095903319008 R8440800 146701404009 83725605 146719002002 R3122499 095921268001 R4793707 147131004003 R6295386 147131004011 R0037790 147131004008 R5295885 147131401001 R5784865 147131004010 R5296086 147131005005 R6296586 147131005006 R5296686 130730402005 R7450798 131326206002 R8574200 131303000010 R5577286 131325206003 R7733899 095924103001 R3908505 095923190002 R6783065 096316302002 R6786738 146731005022 R0174589 080332301005 R0029690 146701401001 R7536099 131308208002 R8921500 131308103011 R7046298 131311303001 R6778342 146721400005 88949102 070931203016 R0057790 070931204001 R0927786 080306113001 R8956090 080306104007 R8947574 131308210001 88945705 095912104004 R2129486 146732460002 88946678 095912401032 R2295086 095913221006 R0057793 095913222001 R8951925 095913221002 R0057293 095913221005 80057693 095913221003 R0057393 095913222002 R8951926 095913222003 88951927 Parcel Legal Address 422 MAIN STREET 8258 COLORADO BOULEVARD 4001 COMMERCE COURT 7750 EAST I-25 FRONTAGE ROAD 4629 CENTERPLACE DRIVE 5754 WEST 11TH STREET 3901 Gadding Hollow Parkway 201 South Rollie Avenue 2451 West 28th Street 598 3 St 4444 RITCHIE DRIVE 4226 COUNTY ROAD 22 100 Johnstown Center Drive 1505 Main Street 1701 23rd Avenue 920 54th Avenue 180 MILLER DRIVE 1011 CARBON COURT 6700 WEST 29TH STREET ROAD 873 BASELINE PLACE 801 BASELINE PLACE 736 BASELINE PLACE 625 BASELINE ROAD 705 NORTH 9TH AVENUE NO ASSIGNED ADDRESS 755 NORTH 9TH AVENUE NO ASSIGNED ADDRESS 7200 Miller PI 3031 Highway 119 7600 Miller Ct 2350 29TH STREET 3530 WEST 29TH STREET Hill Street 2865 AIRPORT DRIVE 920 NORTH 7TH AVENUE 5355 COLORADO BOULEVARD 1456 SKYWAY DRIVE 1530 SKYWAY DRIVE 10188 EAST INTERSTATE 25 FRONTAGE ROAD 2797 COUNTY ROAD 6 600 OAK AVENUE 600 OAK AVENUE 550 EAST COLLINS STREET 450 EAST COLLINS STREET 1460 VISTA VIEW DRIVE 2626 WEST 10TH STREET 3200 VILLAGE VISTA DRIVE 106 2528 WEST 16TH STREET 2030 35TH AVENUE B 2100 35TH AVENUE 2108 35th Ave 2018 35th Ave 2024 35th Ave 2006 35TH AVENUE 2100 35TH AVENUE Assessors Value Owner's Value (*) $ 571,590 $ 285,800 $ 2,402,935 $ 1,201,500 $ 5,774,518 $ 2,887,300 $ 6,197,113 $ 3,098,600 $ 3,653,326 $ 1,826,700 $ 3,000,000 $ 1,500,000 $ 3,688,176 $ 1,844,100 $ 1,500,000 $ 750,000 $ 1,305,480 $ 652,700 $ 2,386,563 $ 1,193,300 $ 6,423,570 $ 3,211,800 $ 3,900,000 $ 1,950,000 $ 922,080 $ 461,000 5 1,127,857 $ 563,900 $ 2,535,800 $ 1,267,900 $ 2,232,000 $ 1,116,000 $ 1,190,000 $ 595,000 $ 1,581,428 $ 790,700 $ 1,887,540 $ 943,800 $ 240,608 $ 120,300 $ 775,200 $ 387,600 $ 1,120,000 $ 560,000 $ 1,941,362 $ 970,700 $ 1,120,000 $ 560,000 $ 707,578 $ 353,800 $ 768,240 $ 384,100 $ 96,000 $ 48,000 $ 1,975,785 5 987,900 $ 1,322,590 $ 661,300 $ 2,308,800 $ 1,154,400 $ 4,070,000 $ 2,035,000 $ 6,225,001 $ 3,112,500 $ 1,935,000 $ 967,500 $ 1,482,480 $ 741,200 $ 8,516,830 $ 4,258,400 $ 2,224,420 $ 1,112,200 $ 2,324,133 $ 1,162,100 $ 1,234,260 $ 617,100 $ 6,425,912 $ 3,213,000 $ 2,040,993 $ 1,020,500 $ 3,276,300 5 1,638,200 $ 288,000 $ 144,000 $ 2,320,965 $ 1,160,500 $ 1,812,773 $ 906,400 $ 2,749,289 5 1,374,600 $ 1,731,828 $ 865,900 $ 234,045 $ 117,000 5 530,750 $ 265,400 $ 1,955,343 $ 977,700 $ 16,934,443 $ 8,467,200 $ 1,229,786 $ 614,900 $ 815,544 $ 407,800 $ 1,102,929 $ 551,500 5 517,892 $ 258,900 5 2,458,629 $ 1,229,300 The owner's opinion of value is an estimate and hasn't fully been defined due to the ongoing economic impact of the unusual events, COVID-19, and may be lesser than the value indicated. Page 1 of 2 Attachment A Weld County 2020 Tax Year Jurisdiction Parcel Legal Owner Name Weld County GEP INVESTMENTS INC Weld County SILVER COIN INVESTMENTS Weld County Ml 3106 LLC Weld County M1 3106 LLC Weld County Ml 3106 LLC Weld County M13106 LLC Weld County M13106 LLC Weld County UYEMIURA ANA Weld County RC4689 LLC Weld County RC 4689 LLC Weld County WIDE OPEN REAL ESTATE LLC Weld County NVW LLC Weld County WIDE OPEN REAL ESTATE LLC Weld County ASHTON GREELEY PROPERTY LLC Weld County MP 4665 LLC Parcel lb Alternate ID 147117401001 R8953237 131326217001 88947282 095911342003 82806604 095911350001 85270408 095911350002 R5270508 095911347004 R4597007 O 95911354001 88965193 095911349002 R5251408 095911347001 84596707 O 95911347002 R4596807 146703111004 88928300 095914401009 R0028093 146703111003 86928400 095905104003 R7083598 095911353003 R8962589 Parcel Legal Address 13525 County Road 8 4409 Coriolis 4625 West 20 Street 4657 West 20 Street 1 4657 West 20 Street 2 4669 West 20th Street E 4689 West 20th Street Cl 4689 West 20th Street D 4689 West 20th Street A 4689 West 20th Street B 3761 Monarch Street 2625 35th Avenue 3751 MONARCH ST 7251 W 4TH ST 4665 20TH ST SC Assessor's Value Owner's Value (.) $ 6,391,177 $ 3,195,600 $ 2,916,900 $ 1,458,500 $ 1,283,840 $ 641,900 $ 934,830 $ 467,400 $ 455,770 $ 227,900 $ 870,230 $ 435,100 $ 233,918 $ 117,000 $ 309,570 $ 154,800 $ 326,230 $ 163,100 $ 223,210 $ 111,600 $ 2,918,729 $ 1,459,400 5 6,021,549 $ 3,010,800 $ 329,664 $ 164,800 $ 6,314,357 $ 3,157,200 $ 606,199 $ 303,100 4 -The owner's opinion of value is an estimate and hasn't fully been defined due to the ongoing economic impact of the unusual events, COVID-19, and may be lesser than the value indicated. Page 1 of 1 Attachment A Weld County 2020 Tax Year Jurlsldction Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Parcel Legal Owner Name GARRErSON FAMILY PARTNERSHIP LLLP PHI ENTERPRISES LLC BOULDER MARINE INC FERROUS DEVELOPMENT LLC RIGGS & DICKEN PROPERTIES LLC ADAMS BANK TRUST EXIT LW INVESTMENTS LLC ROLIADA COLORADO CO LTD Parcel ID Alternate ID 095902400010 R1882386 131326206001 R7733799 146703201006 R3557205 146703123001 R6784078 146712201024 R5722686 131119305006 R3253204 096105216005 R1194796 146712201007 R5721186 Parcel Legal Address Assessor's Value Owner's Value ( ' 3817 WEST 10TH STREET 7700 Miller 5792 Ideal Drive 3770 Puritan Way 5424 County Road 12 8308 Colorado Boulevard 113 N 6TH AVE 5294 COUNTY ROAD 12 $ 1,665,458 $ 832,700 $ 2,728,275 $ 1,364,100 $ 1,404,608 $ 702,300 $ 2,422,662 $ 1,211,300 $ 1,035,000 $ 517,500 $ 2,691,784 $ 1,345,900 $ 1,793,683 $ 896,800 $ 1,069,265 $ 534,600 " - The owner's opinion of value is an estimate and hasn't fully been defined due to the ongoing economic impact of the unusual events, COVID-19, and may be lesser than the value indicated. Page 2 of 2 August 3, 2020 Petitioner: EXIT LTP INVESTMENTS LLC 6143 S WILLOW DR STE 400 GREENWOOD VILLAGE, CO 80111-5125 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): BICK JR JAMES P LAW OFFICES 18040 EDISON AVE CHESTERFIELD, MO 63005-3702 RE: THE BOARD OF EQUALIZATION 2020, WELD COUNTY, COLORADO NOTICE OF DECISION Docket 2020-2214 Appeal 2008226317 Hearing 8/3/2020 1:30 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 2020. Account # Decision The Assessment and valuation is set as follows: Actual Value as Actual Value as Set by Determined by Assessor Board R1194796 Deny - Denied in Full $1,793,683 $1,793,683 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 LeL� i!"lv:yfG C. Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Weld County Assessor August 3, 2020 Agent: BICK JR JAMES P LAW OFFICES 18040 EDISON AVE CHESTERFIELD, MO 63005-3702 Petitioner: 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 EXIT LTP INVESTMENTS LLC 6143 S WILLOW DR STE 400 GREENWOOD VILLAGE, CO 80111-5125 RE: THE BOARD OF EQUALIZATION 2020, WELD COUNTY, COLORADO NOTICE OF DECISION Docket 2020-2214 Appeal 2008226317 Hearing 8/3/2020 1:30 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. §39-8-101et 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 R1194796 Deny - Denied in Full $1,793,683 $1,793,683 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 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 LeL� i!"lv: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