HomeMy WebLinkAbout20192931.tiffAugust 2, 2019
Petitioner:
GREELEY CAR WASHES LLC
3106 W EISENHOWER BLVD
LOVELAND, CO 80537-3177
CLERK TO THE BOARD
PHONE (970) 400-4226
FAX (970) 336-7233
WEBSITE: www.weldgov.com
1150 O STREET
P.O. BOX 758
GREELEY CO 80632
Agent (if applicable):
RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO
NOTICE OF DECISION
Docket 2019-2931 Appeal 2008224852 Hearing 8/2/2019 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 2019.
Account # Decision
The Assessment and valuation is set as follows:
Actual Value as Actual Value as Set by
Determined by Assessor Board
R1049396 Adjust - Denied in Part
$1,036.000 $718.900
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, 2019, MUST comply with the
following provisions of C.R.S. §39-8-107(5):
(5)(a)(I) On and after August 10, 2019, 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
Q019G931
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
<4
Esther E. Gesick
Clerk to the Board
Weld County Board of Commissioners
and Board of Equalization
cc: Brenda Dones, Weld County Assessor
1. Subject properties assessed at 300-400% higher than last assessment. Average
commercial appreciation was 15% per year according to mr. riddick.
2. The previous assessments were correct because they reflected the actual open market
sales of all 4 of these properties....without business value a part of the equation.
3. Assessment by 'per bay' approach makes no sense. If it did, what would a 1 bay tunnel
wash be worth?
4. 4 large value comps from successful operators that county is using to justify our higher
assessments contain a very high amount of business value. County is assuming all value
of sale is real estate, but it is not!
5. Car Washes are businesses. It's a business that requires a special use building, and
specialized equipment. Sales of car washes are entirely based on their income potential.
But that doesn't mean the sale price is entirely real property.
6. Car Washes sell at a typical cap rate of 13-15% after inputting a proforma expense for
owner management and labor.
7. Car Washes are not owner user- nobody buys a car wash for their own personal use. This
means they are income properties, but they are not passive rental properties. Income is
generated by the operation of the business and use of specialized equipment.
8. There are few if any real leases of car washes because the buildings are special use. If
you were to lease out a car wash, and the lessor ruins the reputation of the business, the
landlord is left with a worthless building. They would have to rebuild the markets trust
and faith all over again to get their investment back.
9. And vice versa, a lessee wouldn't want to lease the business and improve it, as they
wouldn't be able to sell it. The business is tied to a physical location. You can't really
move the business to another location.
10. Most lease agreements in car wash business are for the intended purpose of reducing tax
and reducing liability. Typically common owners/members
11. When a car wash with high business value sells, the sale should be a cumulation of
several components: sale price= land value + depreciated building value + depreciated
equipment value + business value.
12. Since business value is not typically reported to the county in sale transactions, the
county would assume the entire sale amount is for taxable real property, but it
isn't. Business value should be derived by using the cost approach
13. The real estate value is proven by lower value sales comparisons which have no business
value at the time of sale. These sales reflect the actual land value as proven by the open
market when an investor is weighing the highest and best use of the land and structure.
14. Our 4 properties being contested are all examples of real estate value sales. Some
improvement into the properties (concrete, asphalt, paint) are increases to the real value
of the property. The increase in business generated is a function of the operation of the
business, so more business does not mean more real property value. It means more
business value.
15. A 15% per year reflection of Greeley/Evans area appreciation would be fair, with
additional value to reflect the improvements to the property which amounted to around
40 -50k per location the year after purchase.
16. We have pulled records of all car washes in weld county and feel most car washes are
over valued for property value. It appears most car washes had a jump in value based on
the assumption of value from the aforementioned high business value sales.
17 The county requested financials to make determination, but we declined because we were
told they would use a cap rate reflective of other commercial properties But that doesn't
work You wouldn't value a strip mall on how many pizzas the pizzeria tenant sold that
year .. Or how much mterest the bank tenant made next door to the pizzeria The same
holds true for a car wash business. The more vehicles processed at the location is due to
the busmess operations The income is irrelevant to the real property value
Valuation Report
of
Commercial Property
for
County Board of Equalization
GREELEY CAR WASHES LLC
Petitioner
vs.
Weld County Assessor's Office
Respondent
Docket Number: 2019-2931
Parcel Number: 0959-12-1-04-056
Schedule Number: R1049396
Appeal Number: 2008224852
Date: 8/2/2019
Time: 1:30 PM
Board: 1
Prepared By
Wade Melies
Assessor's Office Staff Appraiser
Assessor's Indicated Value
COMMERCIAL $9310000
TOTAL: $9310000
Salient Facts and Conclusions
Purpose of Appraisal To determine Market Value as of 1/1/19 based on
an appraisal date of 6/30/18.
Property Rights Appraised Unencumbered fee simple interest
Location 1051 26TH AVE
GREELEY
Land Area 24,424
Property Type Commercial
Imp # SF Quality Occupancy Built As Class Year Built Yr Rem Bays
1 5,552 Good Car Wash & Retail Office Building & Car wash Masonry 1995 2016 7
Value Indications:
Market Approach
Car Wash: $115,000 per bays
Retail/Laundry-mat: $ 50 per SF
Total $931,000
Income Approach
Car Wash: $114,000 per bay
Retail/Laundry-mat: $55 per SF
Total $935,655
Final Value: $931,000
Improvement # 1
Quality Good
Total SF 5,552
BIt As Description Class
Office Building Masonry
Car Wash - Self Masonry
Service
Car Wash - Drive thru Masonry
ea a
Laundromat
25200 Ng ft
24er
Occupancy Description
Retail
Occupancy %
45%
Car Wash 55%
Year
Year Built Remodeled
# of
Stories SF
1995 2016 45% 1 2,520
1995 N/A 0% 1 2,408
1995 N/A 0% 1 624
CAR '1 f N / La4.UNOR OMAT
Fast Row 55521.
Blair 1225
r Q - SELF SERVE BAYS
1' - ICRIVE-ThRU
14' WALL HEIGHT
ALLSAYS HAVE HEATED CONCRETE FLOORS
CY
12
k 113
1143'
14..1 141° ¶4 t fi nil In
nEOui
s
jar l 11 IT
£ELLW
24 01
Zmm
TF4RU
R'Qit OT Ir.`
Tip
'In.,
Bays
6
1
0
a
8
a
0
N
N
9
TT? NE El N
a
a
8
a
a
B
8
8
a
a
a
O
a
8
a
0
a
a
O
a
7 M7;7 NC
N
8
9
a
a
a
a
N
a
e
a
a
O
O
a
a
a
8
a
B
a
a
8
0
8
0 C ? T TAT ' a 0
O
0
a
El Ms
a
El
N
a
N
a
N
G
?c It was b
8
a
8
a
El
O
8
a
®l
a
a
El
9
a
8
a
0
a
8
N
a
9
8
8
8
8
a
0
13314
8
9
8
G
8
a
a
a
N
a
0
8
8
N
N
G Nis
?N
nd am T
0
9
B
0
a
8
N
8
a
N
?
a
8
a
a
B
a
7
9
a
a
a
a
a
8
1
a
1
a
a
8
8
8
TT
7
0
0'1®0
' a' 14
5
5
N
. NG
a
0 NO
8
B
a
0
7
a
0
a
B
0
N
8
8
8
a
a
a
8
B
0
a
a
a
8
S
a
8
B
8
B
7
a
7 ? NG The property was
purchased along with two other properties on 1/30/2014 for
$1,300,000 or $68,421 per bay. It was reported at the time of sale that all three
properties were closed and required repairs due to freezing.
Aerial View
Map of Subject
r
3A F, as^IAj$ - �J
71°7-
7-._ O
•
I. " 1! _` .1
CO S.. ••
1I'm
r.- ' 7 1 i) -5'R•
T .- r 1,-ikor
•
&K
il,; _4°z.III
641
I
ri PP
Lal-i
I 14_1 ,
• ill 0 r
mi. .t•l•:.
- 7 •
y
A"'' 'II
s• - •
_'u ',fir;s ,;M 1"r
, +L .,. s
---V
•- ••
•
tireit
th''T G�
•rr�':,', •` ,t
a
--r1 t-144 I `
41.
•
•
FF
• I•
_�.'• .. X19, •.
wig
11411'1 'I
77-1
•
semi
Subject
a4 a
ISO
irr
.4001,P,-tc:r4 611-
F
•
•
at
Cost Approach Summary
The Assessor is currently using Marshall and Swift cost tables for the cost approach of commercial
properties in Weld, which has been approved by the Division of Property Taxation to be utilized by
Colorado Assessors.
The Cost Approach was considered but was deemed not applicable for the subject due to the difficulty in
accurately determining physical depreciation for commercial buildings over ten years old. Therefore, a
cost analysis was not included in this report
Market Approach Summary
Real Property for the tax year 2019 must be valued utilizing data for the period one and one-half years
immediately prior to June 30, 2018. If comparable valuation data is not available from such one and one-
half year period to adequately determine the level of value for a class of property, the period of five years
immediately prior to June 30, 2018 shall be utilized to determine the level of value.
The Assessor has appropriately considered the Market Approach to value for the property on appeal.
The Sales Comparison Approach was considered in developing a market value for the Subject. Sales used
to establish a market value for the tax year 2019 are from January 1, 2017 through June 30, 2018.
Pursuant to 39-1-104 (10.2)(c) C. R. S., the Assessor may utilize sales five years prior to June 30, 2018 to
establish the proper value. All sales have been confirmed and verified through transfer declarations as
well as interviews with buyers, sellers or their representatives to the sale. All sales used are arm's length
transactions, and considered to be the most comparable properties sold in relationship to the Subject
property.
Market Comparables
Parcel Number Situs
Acct # Occupancy
Sale Date Sale Price Adj SP
## of Bldgs Bays Yr Built Per Bay
Comparable 1 9716-10-0-018 505 S Taft Hill Rd, Ft Collins
R0088501 Car Wash
Comparable 2 0959-11-1-24-020 1005 39th Ave., Greeley
1
R8750400 Car Wash 1
Comparable 3 8720-21-8-005 2102 Midpoint Dr, Ft Collins
R1604943 Car Wash 1
Comparable 4 0807-28-1-52-003 1353 WATER VALLEY PKWY
WINDSOR
R3914405 Car Wash 1
02/17/2017 $390,000 $390,000
4 1960 $97,500
09/25/2017 $900,000 $900,000
7 1994
$128,571
08/22/2016 $659,800 $659,800
6 2004 $109,967
4
09/25/2013 $500,000 $500,000
2006
Comp 1 was adjusted for its age and number of bays as compared to the subject.
Comp 2 is the most similar to the subject.
Comp 3 was adjusted for fewer bays than the subject.
Comp 4 was adjusted for being an older sale and fewer bays. It was also adjusted for
location. It has good visibility, however, one has to drive around almost 3 blocks for access.
$83,333
Based upon investigation and analysis, it is the opinion of the appraisers that the value of $805,000 or
$115,000 per bay accurately reflects the market value of the subject property.
Comparative Sales Grid
PROPERTY
Comments
Account ##
Address
City
Grantor
Grantee
Sale Price
Sale Price per Bay
VALUE ADJUSTMENTS
Sale Date
Location
Land Size
Number of Bays
Location
Age
Condition
NET ADJUSTMENTS
Adjusted Price PSF
Subject
Car Wash
R1049396
1051 26th Ave
Greeley
Corn p i
Car Wash
11
Comp 2
Car Wash
u
Comp
Car Wash
Comp4
Car Wash
R0088501
5055 Tait Hill Rd
R 87 50400
100539th Ave
R1604943
2102 Midpoint Dr
R3914405
1353 Water Valley
Et
Collins
. Greeley
Ft Collins
Windsor
Osprey Investments
LLC
Rrovidence Land LLC
United Fidelity
Bk
later Works Investments LI
Hivue
Resources LLC
Shining
Bright LLC
Timberline
Car Wash
LLC
Lowleys
Auto
Detailing
LLD
5390.000
$900.000
5659.800
5500.000
$97,500.00
$128,571.00
$109,906.01 I
$83333.33
DESCRIPTION
Average
24,424
7
Greeley
1996
Average
DESCRIPTION
Adjustment llDESCRIPTION lAdjustment llDESCRIPTION I Adjustment
DESCRIPTION lAdi ustmenl
2/17/2017
II
9/25/2017
II
8/2212016
I 9/25/2013
59b1
Average
Average
Average
Average
16.553
27.878
38,768
32,844
4
-109b
I 7
I 6
-59b
6
-59b
similar
similar
I similar
interior
5%
1960
10%
1994
2004
2006
Average
0%
Ave rage
0%
Average
-5%
i
Average
A _
5%
$98.000.00
I $129,000 00
II $104,000.00
Comparables Price I SF Range
Comparables Price I SF Median
Comparables Price I SF Average
$98,000
$101,000
$104,750
$115,000 t per bay selected
$129,000
$805,000
$88,000.00
Car Wash Indicated By Market
Approach$so5,000 or $115,000 per bay
Sale Comparable Map
Wert,
Krtitiod
fan Colleen
Comp 3
lc —41
Cits taro
irtedriti
Comp 3
w
kid I• Ems.
Man(
``*��R}C�'
n
coon
p germ
9 40
Elb
119 COM
L
s
ED
r-•
d„`.0
iiittrgrre
3 AA
7
0
0
F
#1.4"g7I*it to we'd ice. krlcrrrw
Comp2
a
Li Subject
•I!
Garair Ens
a
O
1
4
Contributory value of the 2,520 square of retail space being used as a laundry. The following comparables are being used
to support the Appraiser's estimated market value. The subject's retail space is attached to a car wash while the
comparables are stand alone buildings thus some consideration must be given. The estimated market value of the retail
space is $50 per square or $126,000.
Petial Soles
Account
Address
City
Size
Sale Date
Sale Price
Price per S.F.
R4263406
2400 W 10th St.
Greeley
3.920
5/2512016
531&000
$8136
three
blocks
from the subject but on 10th Street
less than a black
from the subject
Greeley
7,100
5/28/2015
5500?000
$70.42
RC032289 +1
n2723
W 11th Unit A & 9
Greeley
1,947
6/8/2014
5260,000
5133.54
several miles
frarri the subject on 8th Avenue
IP3267186
1500
8t.h Ave
Retail Sale Mad
Subject
I
s
S 41 •
' Wia
•
itirOf R 1
.t f T T e �". % :!i �'im.�`s i� ' AP-� $ 0911,j._
�f!bi i rink r- - erg a .w rr, e- b M
M.
it,. i_Iry1 g� M9,' G e.a.et r r� Y4 s.`s%n � na 3,o..� �, Le_ e
L-
9 1
Li i7_a
y
r ! e < i 1 S e ea ' aT .
as.1:441Ilt 1451h1 St AL::40 Ss: - WW1
' - raw w' i !I
i d
"err
r a. y� e k
{!'•- eli V � 'Tm 1' 11x•- a 1p =
lot I, "
Retail Indicated By Market
Approach$126,000 or $50 per SF
Total Indicated By Market Approach
$931,000
Income Approach To Value
The basic steps in the Income Approach to value for commercial properties in mass appraisal are based
on a landlord -tenant situation and not on the income of the actual business. In using this approach, it
eliminates the possibility of valuing management as opposed to the potential income of the structure.
This is the proper method Assessor's must utilize through the Directives of the Division of Property
Taxation.
Income Approach Steps
1. Estimate potential gross income to the landlord.
2. Deduct typical vacancy and collection loss.
3. Add additional miscellaneous income.
4. Determine typical landlord operating expenses.
5. Deduct operating expenses to determine the landlord's operating income.
6. Determine a proper capitalization rate.
7. Capitalize the net income into an estimated property value.
Research has been done by the Assessor to determine the typical rent by location, type of structure and
the property use.
The Weld County Assessor's office has also researched the typical landlord expenses, additional income
based on the type of business, and vacancy and collection loss.
An Income Approach has been completed for the subject.
The Weld County Assessor has appropriately considered the Income Approach to value for the Subject
property on appeal.
The Assessor has gathered income information from local commercial properties for the time frame of
January 1, 2017 through June 30, 2018. This information, combined with statewide and industry -wide
data, is used to determine typical income and expenses for various property types.
In conclusion of the Income Approach, the Assessor has considered both groups of data and has put more
emphasis on the local factors and data than the state and national data. This information was then
applied to the subject property to arrive at an appropriate Income Approach Value.
Total Value by Income Approach
$935,655
Income proforma for the car wash
7
bay Car wash in Greeley rents for $11,71.4
annually
per bay
5
bay car wash in Evans rents for $14,100 annually
per bay
Both
properties the
owner
pays the
property'
tax tenant is responsible
for eveything else
PGI I
$13,000
Vac
2%
$260
EGI
12,740
Expense
5%
$537
riding
Rsvr
2%
. ►
Total
$89.2
NOI I
$11,848
Assmnt
Mill Lew
Cap Rate
Efif. Cap
0.104
29%
0.083237
8%
III 1dica
L.ed
Value
$1140000
per
bay
Income proforma for the retail space
■
Lease Rates
Retail space along 10thStreet between :� Ord and
11
repo i rted by Co tar NNN
5 1Avenu
Size Rate
2,,520 $&O0
�V acancy
ELI
Expense
i I !at
Ri .si,,rr
Total
3%
Annual Total
$12$OUJJO
5% $63OO0
11,970.00
$598_60
$359.10
$957_60
Cap Rate
Indicated Value
per sq= ft:
$1irOi2.4O
37 6 55 0 0
$55
Conclusion
Real property for tax year 2019 must be valued utilizing the level of value for the period of one and one-
half years immediately prior to July 1, 2018. Except that, if comparable valuation data is not available
from such one -and one -half -year period to adequately determine the level of value of a class of property.
The period of five years immediately prior to June 30, 2018 shall be utilized to determine the level of
value. Said level of value shall be adjusted to the final day of the data gathering period. Changes
occurring between base years are not to be accounted for until the following level of value is
implemented, other than additions, change in use, detrimental acts of nature, damage due to fire, etc., or
creation of a condominium, or any new regulations restricting or increasing the use of the land, or a
combination thereof. {39-1-104(11)(b)(1) C. R .S.}
The subject property has been classified as Commercial Property for assessment purposes. Commercial
property value shall be determined by appropriate consideration of the Cost Approach, Market
Approach, and Income Approach to value. {39-1-103(5)(a) C. R. S.} The Assessor has considered all three
approaches to value for the subject parcel on appeal.
Final Reconciliation
After consideration of the cost, market and income approaches, it is the Weld County Assessor's opinion
that the value of $931,000, most accurately reflects the value of the subject property in Weld County for
the 2019 tax year.
Car Wash
Retail/Laundry-mat
Total
Cost Approach
N/A
N/A
Market Approach
$805,000 or $115,000 per bay
$126,000 or $50 per SF
$931,000
Assessor's Indicated Value
COMMERCIAL $931,000
TOTAL: $9310000
Income Approach
$798,000 or $114,000 per bay
$137,655 or $55 per SF
$935,655
505 S Taft
Lemay Car Wash
Fort Collins, CO
Car Wash Building
Research Complete
Hill
Rd
80521
of 1,936 SF Sold on 2/17/2017 for $390,000 -
i`
.-
-
.-
_
buyer
3�
-
Hivue Resources LLC
g i)
% I- ,:
.
t-- `-
H
-
.
r
cAR'NASH
I
4 ". .4-14
•
--
4
`3"
re_____
ittI
L .`
T-
Y
, 4 y1
y
Ja
t 1' • .t;4
seller,,,.
a
-
-
_
-
Joel M Painter II & Lori Skrdlant
412 Briarwood Rd
Fort Collins,
CO 80521
- - . �: .
.
(970) 493-4008
-
vital
data
Escrow/Contract: 75 days Sale Price: $390,000
Sale Date: 2/17/2017 Status: Confirmed
Days on Market:
129 days Building SF: 1,936 SF
Exchange: N.o Price/SF: $201.45
Conditions: - Pro Forma Cap
Rate: -
Land Area SF: 16,553 Actual Cap
Rate: -
Acres: 0.38 Down Pmnt: $390,000
$/SF Land Gross: $23.56 Pct Down: 100.0%
Year Built, Age: 1960
Age: 57 Doc No: 20170011751
Parking Spaces:
19 Trans Tax: $39
Parking Ratio: 1/1000 SF Corner: No
FAR 0.12 Zoning: LMN
Lot Dimensions: - No Tenants: 1
Frontage: - Percent Improved:
-
Tenancy: Single Submarket: Fort Collins/Loveland
Comp
ID: 3840512 Map Page: -
Parcel No: 97161-00-018
Property
Type:
Specialty
income expense
data
Listing Broker
Expenses
- Taxes $8,953
SVN I Denver Commercial
- Operating
Expenses
2032 Lowe St
Fort Collins, CO 80525
Total Expenses
$8,953
(970) 207-0700
Jerry Chilson
Buyer Broker
SVN I Denver Commercial
2032 Lowe St
Fort Collins, CO 80525
(970) 207-0700
Jerry Chilson
financing
prior sale
Date/Doc No: 3/30/2007
Sale Price: $600,000
ComplD: 1282294
Copyrighted report licensed to Weld County Assessor's Office - 611800.
7/30/2019
Page 1
1005 39th Ave
The Wash at Market
Greeley, CO 80634
Car Wash Building
- Research Complete
Square
of
3,917 SF Sold on 9/25/2017 for $1,640,000
buyer
Bee Clean Auto Wash
1901 59th Ave
Greeley, CO 80634
(970) 381-6507
'�
71
.1
' L !
s
�- ---_ I. Eii
i
es 1IIN
a
.i
4 j=
LI
•
lit A.
seller
.b_ ' !_
Bruce J Vandesteeg
5169 Arrowhead Dr
Greeley, CO 80634
(970) 397-4902
vital
data
Escrow/Contract:
Sale
Days on Market:
Exchange:
Conditions:
Land Area
$/SF Land
Year Built,
Parking Spaces:
Parking
Lot Dimensions:
Frontage:
Tenancy:
Comp
Date:
Acres:
Gross:
Ratio:
Age:
FAR
-
9/25/2017
343
N.o
Business
SF: 27,887
0.64
$58.81
1994
10
2.55/1000
0.14
-
-
Single
ID: 4028905
days Building
Value Included Pro Forma
Actual
Down
Age: 23
SF
No
Percent
Property
Sale
Price/SF:
Cap
Cap
Pct
Doc
Trans
Tenants:
Improved:
Submarket:
Map
Parcel
Price:
Status:
Rate:
Rate:
Pmnt:
Down:
Tax:
Corner:
Zoning:
Page:
Type:
$900,000
Confirmed
SF: 3,917
$229.76
-
-
$440,000
26.8%
No: 4337942
$164
No
-
1
-
Weld
-
No: 095911124020
Specialty
after business value adjustment
SF
County
income expense
data
Listing Broker
Expenses
- Operating
-
Expenses
Taxes $18,561
Bruce J Vandesteeg
5169 Arrowhead Dr
Greeley, CO 80634
Total Expenses
$18,561
(970) 397-4902
Bruce Vande Steeg
Buyer Broker
No Buyer Broker on Deal
financing
prior sale
1st Bank of Colorado
Bal/Pmt:
$1,200,000
Date/Doc No: 12/26/2012
Sale Price: $1,100,000
ComplD: 2653655
Copyrighted report licensed to Weld County Assessor's Office - 1075219.
8/1 /2019
3425 37th St
Evans, CO 80620
Freestanding Building of 3,132
$1,410,000 - Research Complete
SF Sold on 1/10/2018 for
- -
�
i���,'
�~'
�
�.4.
-
•
,�
0
buyer
Y
-
Bee Clean Auto Wash
190159th Ave
Greeley, CO 80634
(970) 381-6507
he.
T:
s_
_'
seller
Bruce J Vandesteeg
5169 Arrowhead Dr
Greeley, CO 80634
(970 397-4902ici"4"y__
__
vital
data
Escrow/Contract:
Sale
Days on Market:
Exchange:
Conditions:
Land Area
$/SF Land
Year Built,
Parking Spaces:
Parking
Lot Dimensions:
Frontage:
Tenancy:
Comp
Date:
Acres:
Gross:
Ratio:
Age:
FAR
-
1/10/2018
447 days Building
No
Business Value Included, ... Pro Forma
SF: 36,155 Actual
0.83 Down
$39.00
2005 Age: 13
8
2.55/1000 SF
0.09
- No
112 feet on 37th Street Percent
Single
ID: 4105254
Property
Sale
Price/SF:
Cap
Cap
Pct
Doc
Trans
Tenants:
Improved:
Submarket:
Map
Parcel
Price:
Status:
Rate:
Rate:
Pmnt:
Down:
Tax:
Corner:
Zoning:
Page:
Type:
SF:
No:
No:
$1,410,000
Confirmed
3,132 SF
$450.19
-
-
-
-
4366896
$141
No
C-1
1
-
Greeley Ret
-
-
Retail
income expense
data
Listing Broker
Expenses
- Operating
-
Expenses
Total Expenses
Taxes $14,003
Bruce J Vandesteeg
5169 Arrowhead Dr
Greeley, CO 80634
(970) 397-4902
Bruce Vande Steeg
$14,003
Buyer Broker
financing
prior sale
1st Bank of Colorado
BaI/Pmt:
$910,000
Date/Doc No:
Sale Price:
ComplD:
6/10/2014
$1,150,000
3260917
Copyrighted report licensed to Weld County Assessor's Office - 1075219.
8/1/2019
Page 1
2102 Midpoint
Fort Collins,
Car Wash Building
Research Complete
CO
Dr
80525
of 3,887 SF Sold on 8/22/2016 for $675,000 -
F
y_
—
e
...
Cfda
-
buyer.
Wash Me! Car Wash•
3106 W Eisenhower Blvd
Loveland CO 80537
(970) 663-3100
�
�.
�
ra
•.1
-
1
,�F
if {
G
�il�d
n
II
I
�'�1-j,
-
A`-�,
� t
p
—j
I -
f !
'��y. 713r;
_ -s.
s
p. ti.4
Q :
+.
__
r
a
�
�
.9"
':
rJ Jrl at
J itw11J'
111 n
u
.�Y VJ y� �Z
r •r S' �
{
. II
4 u=r
��
Pale
seller
R e
Y
h to
United Fidelity Bank (Fsb)
2480 W Alameda Ave
Denver, CO 80223
(303) 623-8888
vital
data
Escrow/Contract:
Sale
Days on Market:
Exchange:
Conditions:
Land Area
$/SF Land
Year Built,
Parking Spaces:
Parking
Lot Dimensions:
Frontage:
Tenancy:
Comp
Date:
Acres:
Gross:
Ratio:
Age:
FAR
-
8/22/2016
- Building
No
Bulk/Portfolio Sale, Business ... Pro Forma
SF: 38,882 Actual
0.89 Down
$17.36
2004 Age: 12
10
2.57/1000 SF
0.10
- Percent
-
Single
ID: 3695649
Property
Sale
Price/SF:
Cap
Cap
Pct
Trans
Improved:
Submarket:
Map
Parcel
Price:
Status:
Rate:
Rate:
Pmnt:
Down:
Doc
Tax:
Corner:
Zoning:
Page:
Type:
$675,000
Confirmed
SF: 3,887
$173.66
-
-
$100,000
14.8%
No: 20160055506
-
No
E
59.7%
Fort
-
No: 87202-18-005
Specialty
SF
Collins/Loveland
income expense
data
Listing Broker
No Listing Broker on Deal
Buyer Broker
No Buyer Broker on Deal
financing
1st Guaranty Bank
Bal/Pmt:
$575,000
Copyrighted report licensed to Weld County Assessor's Office - 611800.
7/30/2019
Page 2
1353 Water
Hosier Car
Windsor, CO
Car Wash
9125/2013 for
Valley Pky
Wash - Water Valley Village
80550
(Neighborhood Center) Building
$500,000 - Research Complete
of 6,486 SF Sold on
_
- -
buyer
Rowleys Auto
753 Champion
Windsor, CO80550
Detailing LIc
Dr
-
_
'
�,?
�posIth
.I:`.
wi--Fes-"'"'
- -�
seller
Water Valley Land Company
1625 Pelican Lakes Pt
Windsor, CO 80550
(970) 686-5828
v
Jt•
6
_
vital
data
Escrow/Contract:
Sale
Days on Market:
Exchange:
Conditions:
Land Area
$/SF Land
Year Built,
Parking Spaces:
Parking
Lot Dimensions:
Frontage:
Tenancy:
Comp
Date:
Acres:
Gross:
Ratio:
Age:
FAR
-
9/25/2013
-
No
-
SF: 33,977
0.78
$14.72
2006
-
-
0.19
-
-
Multi
ID: 2862238
Building
Pro Forma
Actual
Down
Age: 7
No
Percent
Property
Sale
Price/SF:
Cap
Cap
Pct
Doc
Trans
Tenants:
Improved:
Submarket:
Map
Parcel
Price:
Status:
Rate:
Rate:
Pmnt:
Down:
Tax:
Corner:
Zoning:
Page:
Type:
$500,000
Full
SF: 6,486
$77.09
-
-
-
-
No: 3966782
-
No
Commercial
1
71.6%
Weld
-
No: 080728152003
Specialty
Value
SF
County
income expense
data
Listing Broker
Buyer Broker
financing
prior sale
1st Advantage Bank
Bal/Pmt:
$501,379
Date/Doc No: 12/31/2012
Sale Price: $400,000
ComplD: 2653633
Copyrighted report licensed to Weld County Assessor's Office - 611800.
7/30/2019
Page 3
NOTICE OF DETERMINATION
Brenda Dones
Weld County Assessor
1400 N 17th Ave
Greeley, Co 80631
RECEIVED
JAIL 1 5 2019
WELD COUNTY
COMMISSIONERS
Date of Notice: 6/2512019
Telephone: (970) 400-3650
Fax: (970) 304-6433
Office Hours: 8:00AM — 5:00PM
TAX YEAR
TAX A
LEGAL
DESCRIPTION/
PHYSICAL
LOCATION
ACCOUNT
I
R1049396
2019
3399
ODOO`E
75'
4'W
1051
OR
G
NW
TOW
17534-E1
COP
376.94'
192.64'
26TH
LN
AVE
PT TRACT
NE4 12 5
TO TRUE
26 AVE 50D03'E
NODO6VV 126.83'
GREELEY
66
A GREELEY
N69D54'E
FOB
TO
126.67'
N89056'E
ROB
PLAZA
664.49'
192.
56905
BE
S
GREELEY
CAR WASHES
LLC
a a_ _a- 1 .
3106 W EISENHOWER
LOVELAND,
BLVD
Co 537-31
ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION
ACTUAL
VALUE
PRIOR
TO
ACTUAL
VALUE
AFTER
REVIEW
REVIEW
COMMERCIAL
1,176,000
1p036,000
TOTAL
'
1,176,000
1,036,
000
The Assessor has carefully studied all available information, giving particular attention to the
specifics included on your protest. The Assessor's determination of value after review is based on
the following:
C 03 - After review of your property, we have made adjustments. This was done because of
additional information obtained, or provided through the appeal process.
If you disagree with the Assessor's decision, you have the right to appeal to the County
Board of Equalization for further consideration, § 39-8-1O6(1)(a), C.R.S.
The deadline for filing real property appeals is July 15.
The Assessor establishes property values, The local taxing authorities (county, school district, city,
fire protection, and other special districts) set mill levies. The mill levy requested by each taxing
authority is based on a projected budget and the property tax revenue required to adequately fund
the services it provides to its taxpayers. The local taxing authorities hold budget hearings in the fall.
If you are concerned about mill levies, we recommend that you attend these budget hearings.
Please refer to last year's tax bill or ask your Assessor for a listing of the local taxing authorities.
Please refer to the reverse side of this notice for additional information.
Agent (If Applicable):
2019-2931
15 -OPT -AR
PR 207-08/13
R1049396
A301V3
Email Address
APPEAL PROCEDURES
County Board of Equalization Hearings will be held from
July 25th through August 5th at 1150 0 Street.
To appeal the Assessor's decision, complete the Petition to the County Board of Equalization shown
below' and mail, file online, or deliver a copy of both sides of this form to:
Weld County Board of Equalization
1150 0 Street, P.O. Box 758
Greeley, CO 80631
Telephone: (970) 356-4000 ext, 4225
Online: www.co.weld.co,usitappsilicboei
To preserve your appeal rights, your Petition to the County Board of Equalization must be
postmarked or delivered on or before July 15 for real property — after such date, your right to
appeal is lost. You may be required to prove that you filed a timely appeal; therefore, we
recommend that all correspondence be mailed with proof of mailing.
You will be notified of the date and time scheduled for your hearing. The County Board of
Equalization must mail a written decision to you within five business days following the date of the
decision, The County Board of Equalization must conclude hearings and render decisions by August
5, § 39-6-107(2), C.R.S. If you do not receive a decision from the County Board of Equalization and
you wish to continue your appeal, you must file an appeal with the Board of Assessment Appeals by
September 10, § 39-2-125(1)(e), C.R.S.
If you are dissatisfied with the County Board of Equalization's decision and you wish to continue your
appeal, you must appeal within 30 days of the date of the County Board's written decision to ONE of
the following:
Board of Assessment Appeals
1313 Sherman Street, Room 315
Denver! CO 80203
(303) 866-5880
wwwidolaicoloradoigovibaa
Binding Arbitration
For a list of arbitrators, contact the County Commissioners at the address listed for the County Board
of Equalization.
If the date for filing any report, schedule, claim, tax return, statement, remittance, or other document
falls upon a Saturday, Sunday, or legal holiday, it shalt be deemed to have been timely filed if filed
on the next business day, § 394-120(4 C.R. S.
District Court
Contact the District Court in the County
where the property is located. See your
local telephone book for the address and
telephone number.
PETITION TO COUNTY BOARD OF EQUALIZATION
What is your estimate of the property's value as of June 30, 2018? (Your opinion of value in terms of a
specific dollar an�uqurit is required far real property pursuant to * 39-8-1060.5), C: R. : )
1 �a ' CA -
What is the basis for your estimate of value or your reason for requesting a review? (Please attach
additional sheets as necessary and any supporting documentation, i.e., comparable sales, rent roll, original
installed cost, appr ,sal, eutile v3
:.
I, the undersigned owner or a
and on chments I ar'
r.
r
t,r y" I -e S 1 i ,L ' ..
ATTESTAT
N
-the property identified bover affirm that the statements contained herein
tie and complete.
r
7(-:),(114didel-3a
Telephone Number
Attach letter of authorization signed by property owner.
143/0
Date
15 -OPT -AR
PR 207-08/13
R1049395
I.
• .
Mt
Subject:
Jeromy Ginther < rashmasters@gwestoffice.net›
Friday June 28, 2019 1;02 PM
'assessor@weidgov.cOrrt sale Car ashes LLC
F`'. Weld County
Valuation Protest Wash Mel Car 'ashes/ Gr
Dear Brenda Dories -- Weld County Assessor:
•surprised to see explanation i06- That you had
We received our new Notice of determinations and weere�� �which was sent to Mr.
that we did not supply it. Please see the thread below requested additional information and _- ��� ��������' and R0269395 in which we
in reference to all four properties R0189195, R104
9396„R6844297
and �rl r. Reddick meeting in person earlier and they did not respond to
requested information that they asked for from our
furnished the re+�
the email.
Respectfully,
Rita Ginther
Greeley Car Washes LLC.
Ginther nth e c mai lto:wa sh rn aste rs@gwestaffice• n eti
From: .ler��� �
Sent: Wednesday/ May 22, 2019 10:26 AM
To: 'wmelies@weldgovcom' wmelies@weldgovcom>
Cc: 'teed d ick weidgov. corn` <tred d ick@ire ldgov. co r n>
Subject: Weld County Valuation Protest Wash Met Car Washes
Dear Mr. Wielies and Mr. Reddick,
In response to our prior conversation o n ersation and to protest valuation of 4
locations in Weld County (R1049396,(R1049396,110189195, R6844297, R0269395),
on how a Car Wash business (as it is a unique type
like to provide insight �assessment of business) is valued and how t should be valved for county300%
--entl y the fa properties listed are valued ��'��.es • '� �` based ��. comparable
year assessments! The logic for is was
over prior p e sales that are being used to
sales that have happened Weld County.
-assessments � the above properties are not a fair basis
generate the value for
of value for several reasons
which. I will to lay out below:
are special use building which is
1. Car Washes are a special case. They
other use without a tremendous refit costthey
not adaptable to any � ' . with energy
structures not housing inter space or comb ..
the only in a risk of the
entire structure is special purpose resulting code. theY best use of
oner
in the case that the ears] use isn t the est
the Car Wash value is a function of
the lid that it sits �n. +� � its
business value. It is �.
balance of 1. land location, 2. special
•to the owner, and 3. the equipment items
eustruet��n which is at - risk � wash
wash business. When a sale happens in the a
necessary to the car world, its
value is a combination of the three items listed, above.
Certainly, it is notall real estate value or there wouldn't be such a huge
difference in actual sales price (as the county has record of). If it was,
there wouldn't be any way to justify a 200,000.00 sale and a1,600,000400
sale on properties that are otherwise the same. And, the value of the car
wash isn't based on location - which is evidenced by several car wash
locations selling for l million plus, then later sealing for less than a
qu
arter 'ter of that. It is auction of the owners effort and ability to run a very difficult business which results in positive customer flow at the
location.
To look back and assign that sale as a cition of real estate is
an error. The real estate value of the car wash never changed except in
ratio with the surrounding land values within the trade area. After all, if
the highest and best use is not a car wash, the developer has to level the
building and redevelop! So, it follows that there are 2 types of sales that
happen for car washes: 1) business value, and 2) real estate value. The
county should be able to differentiate the two and then find reasonable
answers for the varying price descrepancies between otherwise similar sales.
2. Using revenues and expenses and deriving 'real property' value based on a
cap rate is appropriate when there is a landlordltenant situation, however,
all car washes in the area are owner -operated, Since they are owner
operated, the expenses associated with managing the business and labor for
operating the business aren't included in the income/expense reports.
However, car washes do sell as a function of the revenue stream they
generate, but it is in no way similar to sales of commercial real estate
like strip malls or similar in which rents are the source of revenue for the
landlord. For example, if a strip mall had 3 tenants: a shoe store, a
pizzaria, and a bank, would the amount of pizzas sold, shoes sold, and
` r value of the strip mail? So
interest received have anything to do with the
due to to this, typical car wash revenue based sales are typically sold in
the range of a 14% - 20% cap rate AFTER a reasonable number is included in
the expenses for owner/operator time and labor to run it and maintain it,
Then, when sold, the sale should be broken down as proportions for Real
estate, Personal property (equipment), and business value; The three of
those add up to the sum of the sale. It should not be considered real
estate only - because it isn't. There are sufficient real estate and
personal property combination sales (like the ones we are refuting here, and
along with several others in northern color�ado) that reflect the land and
depreciated building and equipment value appropriately: The difference
is
the going concern - or business value - and that is not supposed to be taxes
as real or personal property. It is a separate intangible value
property
that reflects that efforts of the owner in wing their business well and
generating a reliable income stream that a buyer is then interested in
acquiring. That portion has nothing to do with the real estate.
3. The assessors mentioned a 'per bay approach' to va...0 r g a car wash.
This approach makes no sense whatsoever based on the merits of the above
arguments. The 'location' is the land that the car wash sits on and is
strategic in potientially generating a certain volume of dirty cars that
need cleaned. But that is all it is. The rest is construction and
p i e u. rent based on the type of business the owner is trying to capture (self
equipment
2
service washing, automatic washing, or express high speed conveyorized
washing). The self service type may generate only a couple thousand dollars
a month between all the bays, while an express tunnel wash may generate
1,500,000.00 per year with a single bay. The reason isn't the construction
or how many bays - it is a function of the business itself and the quality
of operation along with the location strategy. Any buyer in the car wash
market could care less about the amount of bays - only the income they can
generate with it.
Here are some examples of comparable "real estate" car wash sales that
should be used for comparison.
Weld County R4463386 Sale price $85,900.00 in 2017 in Gilcrest (Dower land
value than Greeley or Evans)
Weld County R6127886 Sale price $298,500.00 in 2015 in Fort Lupton (Similar
land value to Evans and Lower than Greeley)
Weld County R3914405 Sale price $500,000.00 in 2013 in Windsor (higher land
value than Greeley or Evans and 1 acre lot!)
Larimer County R1220373 Sale price $300,000.00 in 2015 in Berthoud (higher
land value than Greeley or Evans)
Larimer County 81609114 Sale price $292,500,00 in 2018 in Loveland (higher
land value than Greeley or Evans)
Latimer County R1201492 Sale price $475,000.00 in 2019 in Loveland (higher
land value than Greeley or Evans and located in retail Strip mall outlot! )
Latimer County R0088501 Sale price $390,000.00 in 2017 in Fort Collins (way
higher land value than Greeley or Evans)
Larimer County R1641767 Sale price $4003000.00 in 2017 in Fort Collins (way
higher land value than Greeley or Evans)
There are several much higher value sales that can be used as comparables in
both counties, but they reflect the business value, not the real estate
value. As a matter of fact, after reviewing all of the other car wash
sales, it is pretty clear that the county is valuing every single sale as
real estate even though almost all sales are actually business sales!
Thank you,
Jeromy Ginther
Wash Me! Car Washes
Owner
(970) 663-3100
July 26, 2019
Petitioner:
GREELEY CAR WASHES LLC
3106 W EISENHOWER BLVD
LOVELAND, CO 80537-3177
CLERK TO THE BOARD
PHONE (970) 400-4226
FAX (970) 336-7233
WEBSITE: www.weldgov.com
1150 O STREET
P.O. BOX 758
GREELEY CO 80632
Agent (if applicable):
RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO
NOTIFICATION OF HEARING SCHEDULED
Docket 2019-2931, AS0103 Appeal 2008224852 Hearing 8/2/2019 1:30 PM
Account(s) Appealed:
R1049396
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of August 2, 2019, 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, 2019, 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 ofyourwritten request, the Assessor will
notify you of the estimated cost of providing such information. Payment must be made prior to the
Assessor providing such information, at which time the Assessor will make the data available within
three (3) working days, subject to any confidentiality requirements.
Please advise me if you decide not to keep your appointment as scheduled. If you need any
additional information, please call me at your convenience.
Very truly yours,
BOARD OF EQUALIZATION
LPLIs./o:yf G'i.
Esther E. Gesick
Clerk to the Board
Weld County Board of Commissioners
and Board of Equalization
cc: Brenda Danes, Assessor
Hello