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HomeMy WebLinkAbout20193432.tiffAugust 6, 2019 Petitioner: CEC ENTERTAINMENT PO BOX 800729 DALLAS, TX 75380-0729 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBSITE: www.weidgov.com 1150 O STREET P.O. BOX 758 GREELEY CO 80632 Agent (if applicable): PARADIGM TAX GROUP 14850 QUORUM DR STE 300 DALLAS, TX 75254-7568 RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO NOTICE OF DECISION Docket 2019-3432 Appeal 2008225147 Hearing 8/5/2019 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 P3335306 Deny - Administrative Deny $190,001 $190,001 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 pursuant to C.R.S. §39-8-108(1) or a denial of an abatement of taxes pursuant to C.R.S. §39-10-114 shall provide to the County Board of Equalization or to the Board of County Commissioners of the County in the case of an abatement, and not to the Board of Assessment Appeals, the following information, if applicable: (A) Actual annual rental income for two full years including the base year for the relevant property tax year; (B) Tenant reimbursements for two full years including the base year for the relevant property tax year; (C) Itemized expenses for two full years including the base year for the relevant property tax year; and (D) Rent roll data, including the name of any tenants, the address, unit, or suite number of the subject property, lease start and end dates, option terms, base rent, square footage leased, and vacant space for two full years including the base year for the relevant property tax year. (II) The petitioner shall provide the information required by subparagraph (I) of this paragraph (a) within ninety days after the appeal has been filed with the Board of Assessment Appeals. (b)(I) The Assessor, the County Board of Equalization, or the Board of County Commissioners of the County, as applicable, shall, upon request made by the petitioner, provide to a petitioner who has filed an appeal with the Board of Assessment Appeals not more than ninety days after receipt of the petitioner's request, the following information: (A) All of the underlying data used by the county in calculating the value of the subject property that is being appealed, including the capitalization rate for such property; and (B) The names of any commercially available and copyrighted publications used in calculating the value of the subject property. (II) The party providing the information to the petitioner pursuant to subparagraph (I) of this paragraph (b) shall redact all confidential information contained therein. (c) If a petitioner fails to provide the information required by subparagraph (I) of paragraph (a) of this subsection (5) by the deadline specified in subparagraph (II) of said paragraph (a), the County may move the Board of Assessment Appeals to compel disclosure and to issue appropriate sanctions for noncompliance with such order. The motion may be made directly by the County Attorney and shall be accompanied by a certification that the County Assessor or the County Board of Equalization has in good faith conferred or attempted to confer with such petitioner in an effort to obtain the information without action by the Board of Assessment Appeals. If an order compelling disclosure is issued under this paragraph (c) and the petitioner fails to comply with such order, the Board of Assessment Appeals may make such orders in regard to the noncompliance as are just and reasonable under the circumstances, including an order dismissing the action or the entry of a judgment by default against the petitioner. Interest due the taxpayer shall cease to accrue as of the date the order compelling disclosure is issued, and the accrual of interest shall resume as of the date the contested information has been provided by the taxpayer. Appeals to the Board of Assessment Appeals must be made on forms furnished by that Board, and must be mailed or delivered within thirty (30) days of the date the denial by the Board of Equalization is mailed to you. The address and telephone number of the Board of Assessment Appeals are: Board of Assessment Appeals 1313 Sherman Street, Room 315 Denver, Colorado 80203 Telephone Number: (303) 864-7710 Email: baa@state.co.us Fees for Appeal to the Board of Assessment Appeals: A taxpayer representing himself is not charged for the first two (2) appeals to the Board of Assessment Appeals. A taxpayer represented by an attorney or agent must pay a fee of $101.25 per appeal. OR 2. Appeal to District Court: You have the right to appeal the decision of the Board of Equalization to the District Court of the county wherein your property is located: in this case that is Weld County District Court. A hearing before The District Court will be the last time you may present testimony or exhibits or other evidence, or call witnesses in support of your valuation. If the decision of the District Court is further appealed to the Court of Appeals pursuant to C.R.S. §39-8-108(1), the rules of Colorado appellate review and C.R.S. §24-4-106(9), govern the process. OR 3. Binding Arbitration: You have the right to submit your case to binding arbitration. If you choose this option, the arbitrator's decision is final and you have no further right to appeal your current valuation. C.R.S. §39-8-108.5 governs this process. The arbitration process involves the following: a. Select an Arbitrator: You must notify the Board of Equalization that you will pursue arbitration. You and the Board of Equalization will select an arbitrator from the official list of qualified people. If you cannot agree on an arbitrator, the District Court of the county in which the property is located (i.e. Weld) will select the arbitrator. b. Arbitration Hearing Procedure: Arbitration hearings are held within sixty (60) days from the date the arbitrator is selected, and are set by the arbitrator. Both you and the Board of Equalization are entitled to participate in the hearing. The hearing is informal. The arbitrator has the authority to issue subpoenas for witnesses, books, records documents and other evidence pertaining to the value of the property. The arbitrator also has the authority to administer oaths, and determine all questions of law and fact presented to him. The arbitration hearing may be confidential and closed to the public if you and the Board of Equalization agree. The arbitrator's decision must be delivered personally or by registered mail within ten (10) days of the arbitration hearing. c. Fees and Expenses: The arbitrator's fees and expenses are agreed upon by you and the Board of Equalization. In the case of residential real property, the fess may not exceed $150.00 per case. For cases other than residential real property, the arbitrator's total fees and expenses are agreed to by you and Board of Equalization, but are paid by the parties as ordered by the arbitrator. If you have questions concerning the above information, please call me at (970) 400-4226. Very truly yours, BOARD OF EQUALIZATION Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Weld County Assessor August 6, 2019 Agent: PARADIGM TAX GROUP 14850 QUORUM DR STE 300 DALLAS, TX 75254-7568 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBS ITE: www.weldgov.com 1150 O STREET P.O. BOX 758 GREELEY CO 80632 Petitioner: CEC ENTERTAINMENT PO BOX 800729 DALLAS, TX 75380-0729 RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO NOTICE OF DECISION Docket 2019-3432 Appeal 2008225147 Hearing 8/5/2019 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 2019. Account # Decision The Assessment and valuation is set as follows: Actual Value as Actual Value as Set by Determined by Assessor Board P3335306 Deny - Administrative Deny $190,001 $190,001 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 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 Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Weld County Assessor From: Cheri Bedwell To: CTB-County Board of Equalization Subject: FW: Weld County Assessor"s Office Date: Tuesday, July 30, 2019 12:00:23 PM Caution: This email originated from outside of Weld County Government. Do not click links or open attachments unless you recognize the sender and know the content is safe. Please process the administrative denial for CEC Entertainment, account P3335306. Thank you. BPP Compliance Manager I Paradigm Tax Group 469-242-2947 Direct/Fax Paradigm I h x 2, c UP View our Property Tax Calendar for value notice and appeal dates listed by state. From: Leo Chea <Ichea@weldgov.com> Sent: Tuesday, July 30, 2019 12:58 PM To: Cheri Bedwell <cbedwell@paradigmtax.com> Subject: RE: Weld County Assessor's Office Cheri, Please send your request for administrative denial to weld-cboe@co.weld.co.us Thank you, Leo Chea Weld County Assessor's Office Natural Resources & Commercial Personal Property Phone: 970 400-3663 or 720 652-4255 ext. 3663 Fax: 970 304-6433 Ichea@weldgov.com Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. From: Cheri Bedwell <cbedwell@paradigmtax.com> Sent: Tuesday, July 30, 2019 11:53 AM To: Leo Chea <Ichea@weldgov.com> Subject: RE: Weld County Assessor's Office Caution: This email originated from outside of Weld County Government. Do not click links or open attachments unless you recognize the sender and know the content is safe. Yes, please process the administrative denial. Thank you again for your help. ace/ 8e'i'a? BPP Compliance Manager I Paradigm Tax Group 469-242-2947 Direct/Fax Paradigm I h x 2, c UP View our Property Tax Calendar for value notice and appeal dates listed by state. From: Leo Chea <Ichea@weldeov.com> Sent: Tuesday, July 30, 2019 12:42 PM To: Cheri Bedwell <cbedwell@paradigmtax.com> Subject: RE: Weld County Assessor's Office Cheri, I appreciate your consideration. We are required by the state to value personal property in accordance with the personal property tables that they provide. C.R.S. §39-2-109(e) requires assessors to use the tables: The Colorado Property Tax Administrator is required to prepare and publish from time to time manuals, appraisal procedures, and instructions, after consultation with the advisory committee to the property tax administrator and the approval of the state board of equalization, concerning methods of appraising and valuing land, improvements, personal property, and mobile homes and to require their utilization by assessors in ►►aluing and assessing taxable property. Due to the argument being that the state tables are inaccurate, I want to see if you would be willing to do an administrative denial as this issue is with the state and can't be addressed at this level of appeal. Administrative denial allows the hearing before the County Commissioners to be vacated and you to appeal to the next state level. Thank you, Leo Chea Weld County Assessor's Office Natural Resources & Commercial Personal Property Phone: 970 400-3663 or 720 652-4255 ext. 3663 Fax: 970 304-6433 Ichea@weldgov.com Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. From: Cheri Bedwell <cbedwell@paradigmtax.com> Sent: Tuesday, July 30, 2019 10:44 AM To: Leo Chea <Ichea@weldgov.com> Subject: RE: Weld County Assessor's Office Caution: This email originated from outside of Weld County Government. Do not click links or open attachments unless you recognize the sender and know the content is safe. Good morning Leo - I cannot accept this value. We have recently received big value reductions from El Paso Co. They were able to adjust the condition codes to show the faster depreciation. Thank you for your help though. ace/ 8e'i'a? BPP Compliance Manager I Paradigm Tax Group 469-242-2947 Direct/Fax Paradigm I h x 2, c UP View our Property Tax Calendar for value notice and appeal dates listed by state. From: Leo Chea <Ichea@weldgov.com> Sent: Monday, July 29, 2019 11:32 AM To: Cheri Bedwell <cbedwell@paradigmtax.com> Subject: RE: Weld County Assessor's Office Cheri, I appreciate you sending this information to me. After review of the documents provided from the other locations, I would like to propose a new actual value of $186,370. We believe that the other items included in the equipment listing are accurately valued. Thank you, Leo Chea Weld County Assessor's Office Natural Resources & Commercial Personal Property Phone: 970 400-3663 or 720 652-4255 ext. 3663 Fax: 970 304-6433 Ichea@weldgov.com Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. From: Cheri Bedwell <cbedwell@paradigmtax.com> Sent: Monday, July 29, 2019 9:38 AM To: Leo Chea <Ichea@weldgov.com> Subject: RE: Weld County Assessor's Office Caution: This email originated from outside of Weld County Government. Do not click links or open attachments unless you recognize the sender and know the content is safe. Here is what I could get. The invoices for this particular location are not available as they are too old. The taxpayer purchases from the same vendors for almost every location, so I asked them to just provide the cost of these items to their best ability. Hope this helps. ace/ 8e'i'a? BPP Compliance Manager I Paradigm Tax Group 469-242-2947 Direct/Fax Paradigm I h x 2, c UP View our Property Tax Calendar for value notice and appeal dates listed by state. From: Leo Chea <Ichea@weldgov.com> Sent: Monday, July 29, 2019 9:02 AM To: Cheri Bedwell <cbedwell@paradigmtax.com> Subject: RE: Weld County Assessor's Office Good Morning Cheri, Thank you for providing this. I wanted to check in with you on the items that I asked about during protest (booths, chairs, benches, etc.). Were you able to find the individual costs for those items? Thank you, Leo Chea Weld County Assessor's Office Natural Resources & Commercial Personal Property Phone: 970 400-3663 or 720 652-4255 ext. 3663 Fax: 970 304-6433 Ichea@weldgov.com Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. From: Cheri Bedwell <cbedwell@paradigmtax.com> Sent: Thursday, July 25, 2019 2:13 PM To: Leo Chea <Ichea@weldgov.com> Subject: RE: Weld County Assessor's Office Caution: This email originated from outside of Weld County Government. Do not click links or open attachments unless you recognize the sender and know the content is safe. Here are the 2019 tables. Please let me know if you have any questions. CAi„../ lgec�4,„" BPP Compliance Manager I Paradigm Tax Group 469-242-2947 Direct/Fax Paradigm I h x 2, c UP View our Property Tax Calendar for value notice and appeal dates listed by state. From: Leo Chea <Ichea@weldgov.com> Sent: Thursday, July 25, 2019 2:52 PM To: Cheri Bedwell <cbedwell@paradigmtax.com> Subject: RE: Weld County Assessor's Office Cheri, Can you provide me with the tables/depreciation tables that your estimated values are based off of? I am not in need of the full report, the tables should be sufficient. I have attached the 2019 personal property tables as a reference to what I am looking for. Thank you, Leo Chea Weld County Assessor's Office Natural Resources & Commercial Personal Property Phone: 970 400-3663 or 720 652-4255 ext. 3663 Fax: 970 304-6433 Ichea@weldgov.com Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. From: Cheri Bedwell <cbedwell@paradigmtax.com> Sent: Thursday, July 25, 2019 12:57 PM To: Leo Chea <Ichea@weldgov.com> Subject: RE: Weld County Assessor's Office Caution: This email originated from outside of Weld County Government. Do not click links or open attachments unless you recognize the sender and know the content is safe. The file with the details that goes with the guide I sent over yesterday is to large to email. I've tried to zip it down, but it's still too big. Do you have a secure site I can move it over to? ace/ 8e'ar'a? BPP Compliance Manager I Paradigm Tax Group 469-242-2947 Direct/Fax Paradigm I h x 2, c UP View our Property Tax Calendar for value notice and appeal dates listed by state. From: Cheri Bedwell Sent: Wednesday, July 24, 2019 3:50 PM To: Leo Chea <Ichea@weldgov.com> Subject: RE: Weld County Assessor's Office I have this so far. The back up documents is 12,000 pages so I am working to break it down to a manageable size for emailing. ace/ 8e'i'a? BPP Compliance Manager I Paradigm Tax Group 469-242-2947 Direct/Fax Paradigm I h x n, c UP View our Property Tax Calendar for value notice and appeal dates listed by state. From: Leo Chea <Ichea@weldgov.com> Sent: Tuesday, July 23, 2019 12:10 PM To: Cheri Bedwell <cbedwell@paradigmtax.com> Subject: Weld County Assessor's Office Hello Cheri, I have received your filing to the CBOE and would like to request the additional information (narrative and supporting data) that is mentioned in the provided letter. Thank you, Leo Chea Weld County Assessor's Office Natural Resources & Commercial Personal Property Phone: 970 400-3663 or 720 652-4255 ext. 3663 Fax: 970 304-6433 Ichea@weldgov.com Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. NOTICE OF DETERMINATION Brenda Dones Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 Date of Notice: 07/10/2019 Telephone: (970) 400-3650 Fax: (970) 304-6433 Office Hours: 8:00AM — 5:00PM ACCOUNT NO, TAX YEAR TAX AREA : LEGAL DESCRIPTION/ PHYSICAL LOCATION P3335306 2019 4049 GR IMPS ONLY PT N2NW4 19-5-65 (YORK ANNE - --- - X GREELEY MALL) (LAND PARCEL 0961-19-2-0 _ panP� nr owNea SEC ENTERTAINMENT PG BOX 0-051 2309 GREELEY MALL ST GREELEY 8063 300729 DALLAS, 75380-0129 1 TX 2309 GREELEY MALL ST GREELEY , CO CHUCK E CHEESE #702 :.:. ASSESSOR'S VALUATION PROPERTY LASSIFI ATION ' : z ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER REVIEW REVIEW PERSONAL PROPERTY 190,001 190,001 TOTAL ; 190,001 190,001 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: PP0I - Your persona/ property has been valued in accordance with Colorado law. Other personal property, similar in nature, has been consistently valued using the same statutory methods. If you disagree with the Assessor's decision, you have the right to appeal to the County Board of Equalization for further consideration, § 39-8-106(1)(a), C.R.S. The deadline for filing personal property appeals is July 20. The Assesscr 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 Of Applicable): PARADIGM TAX GROUP 14850 QUORUM DR STE 300 DALLAS, TX 75254-7568 2019-3432 15-DPT-AR ARL VOL 2 1-84 Rev 01-16 AS0103 County Board of Equalization Hearings will be held from July 25th through August 5th at 1150 O Street To appeal the Assessor's decision, complete the Petition to the County Board of Equalization shown below, and mail, file online, or deliver a copy of both sides of this form to Weld -Count Board`of`E�ualization Yr. Li11�50 O �Streef, P O .Box,758 =Greeley; 3CO 80ti3;1 �, Telephone (970) 356=40OO ext, 4225 Online www co weld co us/appsl/cboe/ To preserve your appeal rights, your Petition to the County Board of Equalization must be postmarked or delivered on or before July 20 for personal property — after such date, your right to appeal is lost You may be required to prove that you filed a timely appeal, therefore, we recommend that all correspondence be mailed with proof of mailing You will be notified of the date and time scheduled for your hearing The County Board of Equalization must mail a written decision to you within five business days following the date of the decision The County Board of Equalization must conclude hearings and render decisions by August 5, § 39-8-107(2), C R S If you do not receive a decision from the County Board of Equalization ana you wish to continue your appeal, you must file an appeal with-tne Boara of Assessment Appeals by September 10, § 39-2-125(1)(e), C R S If you are dissatisfied with the County Board of Equalization's decision and you wish to continue your appeal, you must appeal within 30 days of the date of the County Board's written decision to ONE of the following Board of Assessment Appeals District Court 1313 Sherman Street, Room 315 Contact the District Court in the County Denver, CO 80203 where the property is located See your (303) 866-5880 local telephone book for the address and www dola colorado qov/baa telephone number Binding Arbitration For a list of arbitrators, contact the County Commissioners atrthe address listed for the County Board of Equalization If the date for filing any report, schedule, claim, tax return, statement, remittance, or other document falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed on the next business day, § 39-1-120(3), C R S PETITION=TO COUNTY BOARD OP EQUALIZATION What is your estimate of the property's value as of June 30, 2018' (Your opinion of value in terms of a specific dollar amount is required for real property pursuant to § 39-8-106(1 5), C R S ) $ 14'5,419 What is the basis for your estimate of value or your reason for requesting a review? (Please attach additional sheets as necessary and any supporting documentation, i e , comparable sales, rent roll, original installed cost appraisal, etc ) I, the undersigned owner or agent2 of the property identified above, affirm that the statements contained herein and o�achments hereto are true and complete Signature CBedwell@ParadigmTax.com L1(21-ayP.-a9L Telephone Number Email Address 2 Attach letter of authorization signed by property owner .-18-19 Date ECEIVED JUL 19 2019 WELD COUNTY ASSESSOR GREELEY, COLORADO 15-DPT-AR ARL VOL 2 1-84 Rev 01-16 Paradigm June 30, 2019 Weld County Assessor 1400 N 17th Avenue Greeley, CO 80631 RE: CEC Entertainment dbo Chuck E Cheese's #702 Owner Number: P3335306 2019 BPP Return — Evidence Submission for Depreciated Market Value Dear Sir or Madam, Please consider this the evidence of the business personal property return for the CEC Entertainment at 2306 Greeley Mall St. We are respectfully requesting the opportunity to submit this evidence for your consideration. These modified values are related to the Actual Value for the assets located on site as of January 1, 2019. In establishing fair market value under the cost approach, we relied on market derived depreciation schedules published by Property Tax Research Services, LLC., (PTRS) to calculate depreciation from all sources (physical, functional and economic). In doing so, our goal is to arrive at "the price at which a property would transfer for cash or equivalent under prevailing market conditions". Additional supporting documentation, including a narrative of the development of the tables and supporting market data is available upon request. In accordance with ARL VOL 5, Chapter 3, "The assessor is to consider the three approaches to value in determining an actual value estimate for taxable personal property as required by §§ 39-1-103(5) and 104(12.3)(a)(l), C.R.S." Further, the assessor's cost tables, which are derived from Marshall and Swift, "only reflect physical depreciation due to ordinary use of the personal property and some functional obsolescence. The cost tables do not reflect depreciation due to extraordinary functional and/or any economic obsolescence which must be separately estimated." "The assessor must consider and document all elements of physical depreciation and functional and economic obsolescence as of January 1 each year before placing a value on personal property." "The court ruled in Colorado & Utah Coal Co, v. Rorex, 149 Cola 502, 369 P.2d 796 (1962), that if economic obsolescence exists, it must be acknowledged and deducted.' As indicated in the Sales Comparison (Market) Approach section of ARL VOL 5, Chapter 3, "The assessor may use the sales comparison (market) approach either when there is sufficient comparable sales data and the resulting value is lower than that indicated by the cost approach or when the declaration schedule contains faulty or misleading information." The PTRS depreciation tables, which are based upon current, verified market sales data, do appropriately adjust for all forms of depreciation and obsolescence in the determination of the Actual Value, The depreciation schedules are developed by PTRS utilizing market data obtained from market transactions in 14850 Quorum Drive, Suite 300 / Dallas, Texas 75254 / www.paradigmtax.com Paradigm a the used equipment market. The purpose of the depreciation schedule is to generate a trend to estimate the decline in the subject property's value over time resulting in a fair market valuation. In the development of the tables, data collected consisted of secondary market transactions of similar or comparable equipment. Comparable sales data obtained, verified, and analyzed by PTRS contain multiple data points, including sales price, sales date, condition, age, cost new, comparative points and equipment type. Comparable data is derived from a large geographical area (United States). In most cases, all comparable sales data used is retail used/refurbished and in good condition, which would reflect the upper end of the market in terms of value. Development of market derived depreciation schedules are addressed in "Valuing Machinery and Equipment The Fundamentals of Appraising Machinery and Technical Assets", 3rd Edition. The use of the depreciation tables published by PTRS in the development of the market derived cost approach is based on consideration to each area below: 1) ARL Volume 5 Rev 4-19 2) Colorado statutes 39-1-103 and 39-1-104 3) Uniform Standards of Professional Appraisal Principles (USPAP) 4) Colorado Case Law 5) Appraisal Methodology confirms to American Society of Appraisers and the IAAO The reliance on market transactions is crucial in arriving at "the price at which a property would transfer for cash or equivalent under prevailing market conditions" utilizing the cost approach. The application of the PTRS schedules in the cost approach results in a value reflecting all forms of depreciation (physical, functional and economic). This methodology uses a sales comparison methodology, because they are based on analysis of market evidence of similar properties. This approach is consistent with, in compliance of, and supported by Colorado Statute and appraisal guidelines. Use of the PTRS tables reflect an accurate estimate of Actual Value as compared to use of the Colorado depreciation tables. The standard depreciation table used is based on Marshall & Swift or some version of Marshall & Swift that only reflect physical depreciation and exclude adjustments for functional and economic depreciation(obsolescence). Please note that Marshall & Swift has not been updated in over 50 years, and was derived from the Iowa Curves that were created in the 1930's. The source of the depreciation tables used by the state and county is outdated and with the lack of current market research diminishes its ability to accurately state true physical depreciation, and as stated before does not take into consideration or make adjustments for functional or economic, the other two forms of depreciation(obsoiescence). In accordance with Colorado Statutes and ARL, VOL 5 Manual "when valuing using the cost approach, appropriate adjustments for physical, functional, or economic obsolescence are required. We respectfully request consideration of this information in your review of our request for an Actual Value that is supported with current market -based sales data. Sincerely, Cheri Bedwell BPP Compliance Manager 14850 Quorum Drive, Suite 300 / Dallas, Texas 75254 / www.paradigmtax.com entertainment January 25, 2018 CEC Entertainment 1707 Market Place Blvd, Suite 200 Irving, TX 75063 phone 972.2582507 ; : fax 214.496.9635 LETTER OF AUTHORIZATION TO: Ad Valorem Tax Authorities and Others To Whom It May Concern This letter will introduce Paradigm Tax Group, which is authorized to represent us concerning Ad Valorem Taxes on real andlor personal property for 2018. This authorization letter will supersede any previous letters of authorization on file. Paradigm Tax Group is authorized to the business personal property or real estate tax returns, to review current and prior year valuations, to review and receive copies of any prior tax year's tax appeals, to investigate appraisals and assessments, to submit income and expense information, to appeal property values and/or taxes, to request change of address, to receive assessment notices, tax bills, and any other correspondence pertaining to d Valorem tax matters, to appear before administrative boards or agencies, and to prepare to take such actions in our offices as necessary to effectuate same. Paradigm Tax Group is authorized to act as agent, and/or attorney in fact, with those aforementioned rights on the property owned or controlled by the undersigned entity. The rights, powers, and authorization of Paradigm Tax Group herein granted shall commence upon the execution of this letter of authorization.. IN IT E WHEREOF: # .� ;- ;Me undersigned has hereunto set our hands and affixed our seals on this the ,iS day of cr 52018. r Signed, sealed, and delivered in the presence of: Notary Public C I, (:( ���ALA#LLO Notary Public -�_-,./kzi Stata o; Texas c My Comm. Expires O8-20-2019 ACCEPTED: BY PRINT NAME: TITLE: DATE: TELEPHONE NUMBER: BLAKE HUGGINS CHUCKS, rCHEESE'S VP OF TAX AND TREASURER f-3/ /7?_ I f 3 av ,c7 5- - peter .. .. .+.1,1 a -1001 ,1u JJ17"11."1 I I 'W V?" .1 91""".IN VW LLI L %V /1"1.11 VP.VINI,111."1."14milN 11 l .Ll. Gr 7.RT11a}"R'UI L.`l IT-fR!' .t I "NJ d.1rll 1LL- .! I l7LL 1T17TT}.YIV !V VWill dT}r-7L! 71N111"%l' 011 I"'.R7 -Ir. 1 5 VV".1t."1.,... ti� 04.711P..1.11." I. r.l . .•-+h./ch. ..... •• ... !w/h.. •, •w.•w+l..r• 6.64.•.,.r ••••.; �..rL1:J.'r Pweft..." r4•+•I+�I�. w w w .r,. •... of, ., ... ,r... . Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County We'd 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 VVete County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Assessor We id County Weld County Weld County Assessor Account Company Name Site Code P3335306 CEC Entertainment CO -702 P3335306 P3335306 Weld County P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3336306 P3335306 P3336306 P3335306 P3335306 P3335306 P3335306 P3335346 P3335306 P3335306 P3335306 P3335306 P3335306 83335306 P3335306 P3335306 P3335306 P3335306 P3335306 93335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 CEO Entertainment CO -702 CEO Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEO Entertainment CO.702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEO Entertainment CO -702 CEC Entertainment CO -702 CEC Entenainmen! CO -702 CEC Entertainment CEC Entertainment CEC Entertainment CEC Entertainment CEC Entertainment CEC Entertainment CEC Entertainment CEC Entertainment CEC Entertainment CEC Entertainment CEC Entertainment CO -702 C0-702 CO -702 CO -702 CO -702 CO -702 CO -702 CO -702 CO -702 CO -702 CO -702 CEC Entertainment CO -702 CEO Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEO Entertainment CO -702 CEO Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEO Entertainment CO -702 CEC Entertainment CO -702 CEO Entertainment CO -702 CEC Entertainment CO -702 CEO Entertainment CO -702 CEO Entertainment CO -702 CEC Entertainment CO -702 Site Name Asset # Chuck E Cheese #702 BA -2009909100 Chuck E Cheese #702 BA -2014477400 Chuck E Cheese #702 BA -20151600600 Chuck E Cheese #702 BA -2019169400 Chuck E Cheese #702 BA -202005980 Chuck E Cheese #702 BA -3000002445 Chuck E Cheese #702 BA -3000029894 Chuck E Cheese #702 BA -3000023419 Chuck E Cheese#702 BA -2009939100 Chuck E Cheese #702 BA -2009940000 Chuck E Cheese #702 BA -2016676200 Chuck E Cneese #702 BA -3000032930 Chuck E Cheese #702 Chuck E Cheese #702 Chuck E Cheese #702 Chuck E Cheese #702 Chuck E Cheese 0702 Chuck ECheese #702 Chuck E Cheese #702 Chuck E Cheese #702 Chuck E Cheese #702 Chuck E Cheese #702 Chuck E Cheese #702 BA -2009891800 BA -2009908100 BA -2009908101 BA -24X19908300 BA -2009908400 BA -2019908700 BA -2009909600 BA -2009939200 BA -2009939900 BA► -2010285400 BA -2010286100 Chuck E Cheese #702 BA -2012766800 Chuck E Cheese #702 BA -2014013200 Chuck E Cheese #742 BA -2014013300 Chuck E Cheese #702 BA -2018206400 Chuck E Cheese #702 BA -20162065000 Chuck E Cheese #702 BA -2018206600 Chuck E Cheese #702 BA -2016206700 Chuck E Cheese #702 BA -2018206800 Chuck E Cheese #702 BA -2018356900 Chuck E Cheese #702 BA -2019001800 Chuck E Cheese #702 BA -2019410500 Chuck E Cheese #702 BA -2023345500 Chuck E Cheese #702 BA -3000020279 Chuck E Cheese #702 BA -3000026105 Chuck E Cheese #702 BA -3000023418 Chuck E Cheese #702 BA -3000032411 Asset Category PCs and Equipment PCs and Equipment PCs and Equipment PCs and Equipment PCs and Equipment PCs and Equipment PCs and Equipment PCs and Equipment Asset Pescrption PETS HARDWARE POS HARDWARE POS DEBIT COMPUTER BOH MONITOR 55IN LCD LC PUS Hardware Printers Brother MFC-671 ODW PLAY PASS KIOSK PCs and Equipment Total Electronic Equipment PHONE SYSTEM Electronic Equipment PHONE SYSTEM Electronic Equipment Electronic Equipment PORTABLE RADIOS PHONE SYSTEM Electronic Equipment Total Furniture & F ixiures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & F fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Fernilure $ Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures Furniture & Fixtures SHOW STUDIO C BOOTHS BOOTHS CABINETS/COUNTERS WINDOW SHADES CHAIRS DECOR SAFE DECOR DECOR TECH TOOLS PRIZE CADDY DECOR DECOR TABLES BENCHES BENCHES BENCHES BENCHES BOOTHS BOOTHS SHOW VOLUME CONTROLLER AIR DRYER BIRTHDAY PARTY Condiment Stand PLAY PASS RECYCLE BIN Cake Table Displa Alto Date (3. 2005 2005 Total 2008 2008 2008 Total 2010 2010 Total 2011 2011 Total 2015 2015 2015 Total 2016 2016 Total 2005 2005 2005 Total 2009 2009 Total 2018 2016 Total 2005 2005 2005 2005 2005 2005 2005 2005 2005 2005 2005 2005 Total 2007 2007 Total 2008 2008 2008 Total 2010 2010 2010 2010 2010 2010 2010 2010 Total 2011 2011 Total 2014 2014 Total 2016 2016 2016 2016 Cost CO) Depreciation 10.621 1 0, 621 322 1,217 008 1.539 788 0.08 788 4,492 0.08 4,892 6,556 0 29 353 0 29 6,909 81, 673 0.38 81,673 106,422 8,535 0.15 808 0 15 9,343 543 015 543 992 0 38 992 10,877 63,991 408 22,931 0 08 4,828 0.08 27,042 0 D8 3,272 0 08 5,489 0 08 3,267 0 08 2,125 O 08 1,203 0.08 437 0 08 267 0.08 134.852 365 0 08 365 151 0 08 201 0.05 382 1,333 0 08 2,449 0 08 1 063 0.08 1227 0 08 700 0 08 2,260 0.08 1,723 0.08 10,755 686 0 08 686 1,788 0 22 1,788 5,741 032 3.066 0 32 517 032 510 0.32 0.08 O.0e Value 850 850 26 97 123 63 63 391 391 1,901 102 2,004 31,036 31,036 34,466 1,280 121 1,401 81 81 377 377 1,860 5,119 1,834 386 2,163 262 .439 261 170 96 35 21 10,788 29 29 14 16 31 107 196 85 98 56 181 138 860 55 55 393 393 1.837 98.1 165 163 . ......,.. ......... ..d .•.. rl •.• ..:............. ....A•.•... bho\.,VJI V•t.YWIA5ii(YLi,Wtfy.P'.y'tLl/'om.K-.. itVhor.V Sd .Y ' ../L.. .h.gY.!.•...A. 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Assessor Assessor Account Company Name Site Code Weld County P3335306 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 Wetd County Weld County Wed County Wetd 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 Wed County Wed County Weld County Weld County Weld County Weld County Weld County P3335306 P3335305 P3335306 P3335306 P3335306 P5335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 CEC Entertainment CCU -702 CEC Entertainment CC -702 CEC Entertainment CC -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEO Entertainment CO -702 CEO Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEO Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO.702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC EnlertaFrlrnerit CO -702 CEC Enterta:nrnenl CO -702 CEC Entertanrtment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment COO -702 CEC Entertainment 00-702 CEC Entertainment CO -702 Site Name Asset # Chuck E Cheese #702 BA -2007588300 Chuck E Cheese #702 BA -2009889200 Chuck E Cheese #702 BA -2009890200 Chuck E Cheese #702 BA -2009909900 Chuck E Cheese #702 BA -2013334700 Chuck E Cheese #702 BA -2013335100 Chuck E Cheese #702 BA -2013335900 Chuck E Cheese #702 BA -2013616400 Chuck E Cheese #702 BA -2013838500 Chuck E Cheese #702 BA -2016135100 Chuck E Cheese #702 BA -2015832900 Chuck E Cheese #702 BA -2017343700 Chuck E Cheese 11702 BA -2018205900 Chuck E Cheese #742 BA -2018207200 Chuck E Cheese #702 BA -2018207700 Chuck E Cheese #702 BA -20 18207800 Chuck E Cheese #702 BA,2015208600 Chuck F Cheese #702 BA -2019410100 Chuck E Cheese #702 BA -2021 120400 Chuck E Cheese #702 BA -2021 184600 Chuck E Cheese #702 BA -2021184700 Chuck E Cheese #702 BA -2021122000 Chuck E Cheese #702 BA -2021496000 Chuck E Cheese #702 BA -2021571400 Chuck E Cheese #702 BA -2022415600 Chuck E Cheese #702 BA -2023510900 Chuck E Cheese #702 BA -202351 1900 Chuck E Cheese #702 BA -2023551400 Chuck E Cheese #702 BA -2023551500 Chuck E Cheese #702 BA -2023553200 Chuck E Cheese *702 BA -2023553400 Chuck E Cheese #702 BA-2O235536O0 Chuck E Cheese #702 BA -3000020477 Chuck E Cheese #702 BA -3000020478 Chuck E Cheese #702 BA -3000020479 Chuck E Cheese #702 BA -3000020484 Chuck E Cheese #702 BA -3000020485 Chuck E Cheese #702 BA -3000020278 Chuck E Cheese #702 BA -3000020281 Chuck E Cheese #702 BA -3000020285 Chuck E Cheese #702 BA -3000020286 Chuck E Cheese #702 BA -3000046853 Chuck E Cheese #702 BA -3000046854 Chuck E Cheese #702 BA -3000046856 Asset Category Asset Description Furniture & Fixtures Total Computer Games SUPER SHOT Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Ganes Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games Computer Games ComputerGames Computer Games Computer Games Computer Gaines Computer Games Computer Games Computer Games Computer Games Computer Games SUPER SHOT SKETCHBOOK CEC TICKET MUNCHER SUPER SHOT MARO JUMPEN FANTASY DEAL NO DEAL BIG WIN SLAM A WINNER JETT RIDER STUART LITTLE TICKET BLASTER BED MONSTERS RED HOT SGL TWO MIN DRILL BOULDERS DOZERS BUZY BEE DEAUSTORM PIRATES FRUIT NINJA CROSSBOW MASTER SAUCER ICE AGE PiG OUT DOODLE JUMP PIXAR CARS ALLEY CLASSIC MARQ SIMPSONS SOCCER PHOTO RIDE CEC UNtS ALLEY CLASSIC DUO DRIVE PENALTY KICK TOWER CRANE PIXAR CARS STUART LITTLE BIG BASS LIL PRO JURASSIC PARK EXCLUSIVE PIRATES HOOK BARREL OF MONKEYS FISHBOWL FRENZY BATMAN BATMAN DOODLE JUMP BIKE RALLY WHACK N WIN AcqDate ' R 1 Cost (0) 2016 Total 9,833 158.660 2003 4.263 2003 Total 4263 2005 4,254 2005 11,543 2005 11,518 2005 Total 27,315 2007 2,340 2007 5,738 2007 7,339 2007 5,690 2007 Total 21,107 2008 3,190 2008 Total 3,190 2009 9,261 2009 674 2009 Total 9,935 2010 3,217 2010 4,249 2010 3,631 2010 5.698 2010 4,414 2010 113 2010 7,232 2010 Total 28,733 2012 6.079 2012 3,729 2012 3.152 2012 5,871 2012 4,235 2012 5,670 2012 Total 28,737 2013 10,500 2013 Total 10,500 2014 1,883 2014 6,937 2014 6.180 2014 16,084 2014 5,149 2014 4,744 2014 5,370 2014 Total 46,347 2016 152 2016 397 2016 5,886 2016 10,819 2016 5,094 2016 5.515 2016 10,258 2016 6,356 2016 6,356 2016 Total 50,833 2018 2,148 2018 4,946 2018 8.184 Depreciation Value 3,146 15,303 008 341 341 0.08 340 0.08 923 0.08 921 2,185 0.08 187 0 D8 459 0.08 587 0.08 455 1,689 0.08 255 255 0.08 741 0 08 54 795 0 08 257 0.08 340 0 08 289 0.08 472 0 08 353 0.08 9 0.08 579 2,299 0 08 486 0.08 298 0.08 252 0.08 470 0 08 339 008 454 2.299 0 15 1,575 1,575 0.17 320 017 1,179 0.17 1,051 0717 2,734 0,17 875 0 17 806 0 17 913 7,879 0 38 58 0.38 151 0.38 2,237 0.38 4,111 0.38 1,936 0.38 2,096 0.38 3.898 0 38 2.415 0.38 2,415 19,317 0 61 1.310 0 61 3,017 0 61 4.992 • • . ••.-r.. u...., r•• • ••.--. ••• ✓'-r f- n.Mwn.I•\y.q.l.0.'1%l'40:1.1th'ob•Vut.''NS Pit iY..ty/N dr di.✓IJr•n1M,dV.►d..Y.'.`!.1•bf . 0,...e:•••••1 #111.s lH is...Imm11 M'..LL.v.• 00.14i.M.•.* USN: Pall L'- Ill .10.1.1.O4.411••••• I N:d.rn.1 pa.rJ"..l••,1.Pvlt+.4AydV-L.:1 .r• .w Y.. • e • •• • •. -..• •.x , , .•. _ .. y.t. r,•J ... .... •✓:'•.Y✓ "r5.-.• ..',.. .�.:•.., • . .. y.•. • .r . •. •✓•••.d ^'✓.,.,.•i.r'rJY.i...•. r.u....1�.Vr0••`.Iet, ✓.LaM.Y..-.✓dr.lM••'.I•I✓,...YJ-�'-..... .r. .. ........ Assessor Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Weld County Welt; County Weld County Weld County Weld County Weld County Weld. County Weld County Weld County Weld County Weld County Weld County Weld County Well County Weld County Weld County Weld County Weld County Assessor Account Company Name P33353O6 P33353O6 P33353O6 P33353O6 P33353O6 P3335306 P3335306 P3335306 P3335306 P33353O6 P3335306 P33353O6 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P3335306 P33353O6 P33353O6 P33353O6 P33353O6 P33353O6 Weld County P3335306 Weld County Weld County Weld County P33353O6 P33353O6 P3335346 Weld County P33353O6 Weld County Weld County Weld County P33353O6 P33353O6 P3335306 Weld County P33353O6 Weld County P3335306 Weld County P3335306 Weld Count P3335306 Site Code CEC Entertainment CO -7702 CEO Entertainment CO -702 CEC Entertainment CO -702 CEO Entertainment CO -702 CEC Entertainment GO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEO Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEO Entertainment CO -712 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEO Entertainment CO -702 CEO Entertainment CO -702 CEO Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEO Entertainment CO -702 Site Name Asset # Chuck E Cheese #702 BA -3000046857 Chuck E Cheese #702 BA -3000046858 Chuck E Cheese #702 BA -3000046559 Chuck E Cheese #702 BA -3000046860 Chuck E Cheese #702 BA -3000046661 Chuck E Cheese #702 BA -2009891900 Chuck E Cheese #702 BA -2009891901 Chuck E Cheese #702 BA -2009907900 Chuck E Cheese #702 BA-2OO99O82OO Chuck E Cheese #702 BA -2009909200 Chuck E Cheese #702 BA -2009909400 Chuck E Cheese #702 BA -2010285300 Chuck E Cheese #702 BA -2010286400 Chuck E Cheese #702 BA -2010729600 Chuck ECheese #702 BA -2019514600 Chuck E Cheese #702 BA -2023131010 Chuck E Cheese #702 BA -2023345400 Chuck E Cheese #702 BA -2023365800 Chuck E Cheese #702 BA -3000017774 Chuck E Cheese #702 BA -3000015123 Chuck E Cheese #702 BA -3000025485 Chuck E Cheese #702 BA -3000025486 Chuck E Cheese #702 BA -3000025487 Chuck E Cheese #702 BA-3O0OO28137 Chuck E Cheese #702 BA-3OOOO38O29 Chuck E Cheese #702 BA -3000045825 Chuck E Cheese #702 BA -3000041836 Chuck E Cheese #702 BA -2009908500 Chuck E Cheese #702 BA -2009908600 Chuck E Cheese #702 BA -2010708600 Chuck E Cheese #702 BA -2009909000 Chuck E Cheese #702 BA-2O12O661OO Chuck E Cheese #702 BA -2012066200 Chuck E Cheese #702 BA -2012196100 Chuck E Cheese #702 BA -2014402300 Chuck E Cheese #702 BA -2014873200 Chuck E Cheese #702 BA-2O154572OO Chuck E Cheese #702 BA -2016838500 Asset Category Computer Games Computer Games Computer Games Computer Games Computer Gaines Computer Games Total Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Restaurant Equipment Asset Description CITY TOUR BUS ICE CUBE (C) JUSTICE LEAGUE WHACKER PAW PATROL SPIN 0 RAMA KITCHEN EQUIPMENT DOUGH MIXER VM BEER SYSTEM REST EQUIP COTTON CANDY MACH ICE CREAM MACH REST EQUIP KITCHEN EQUIPMENT REST EQUIP DOUGH DOCKER SANDWICH UNIT TSSU278 ICE MACHINE ICE MACHINE Keurig Machine WIC Compressor/Fan Motor PIZZA BUFFET OUTLET PIZZA BUFFET CABINETRY PIZZA BUFFET HEAT LAMP Pizza table Oven Temp Sensor/Valve Freezer Replacement Restaurant Equipment Total SECURITY Camera System SECURITY Total Signs Signs Signs Signs Total Smallwaxe Srnalboa re Smallware Smaliware Smaliware Smaliware Smallware Srnallware INT SIGNS INT SIGNS ;IGNAGE&AWNING SMALLWARES SMALLWARES SMALLWARES SMALLWARES SMALLWARES SMALLWARES SMALLWARES SMALLWARES Acq Date (R) Cost O 2018 2018 2018 2018 2018 2018 Total 2005 2005 2005 2005 2005 2005 2005 2005 2005 Total 2006 2006 Total 2011 2011 Total 2014 2014 2014 2014 Total 2015 2015 2015 Total 2016 2016 2016 2016 2016 Total 2017 2017 Total 2018 2018 Total 2018 2018 Total 2005 2005 2005 2005 Total 2005 2005 Total 2007 2007 2007 2007 Total 2048 2008 2008 Total 2009 2009 3,323 3,852 4,810 5,993 6,635 39,890 270.848 82,511 9,574 2,752 733 2,594 4,569 1,455 2,213 106,401 394 394 731 731 2,719 7,841 315 10,875 186 2,417 2,604 2,015 1,949 72 2,181 6,217 1,291 1291 4,401 4A01 132,912 2,807 2,807 2,807 5,648 261 44,275 50,185 50,185 14,551 14.551 62 715 200 978 996 321 1,317 711 682 Depreciation Value 0.61 2,027 0,61 2,350 0:61 2.934 0.61 3,655 0.61 4.047 24,333 62,966 0,08 6,601 0.08 756 0 08 220 0 08 59 0 08 208 0.08 366 0.08 116 0 08 177 8.612 008 31 31 02 146 146 0 33 897 0 33 2,588 033 104 3.589 0 37 69 0 37 894 963 0 42 846 0.42 819 0.42 30 042 916 2.611 0.61 787 787 0.7 3.081 3,081 19,721 0:55 1,544 1 ,544 1,544 01 565 0 1 26 0.1 4,428 5.018 5,018 011 1,601 1,601 0 0.11 0 0.1 ti 0,11 0.11 011 79 79 110 35 145 78 75 flIIIMONOMIIIMIIII SWIM .. .. .a ...m.. -.n. .u... .w 'TV I.a.}* V •root 7 PT J 10•Jf 1'9 nn.*pr •'11'11 ,q.nnV-•••11.• •••O'.'",," "on v.., ••••••••a..r... 4.. .... . ...... .•1 u. ...a. ...l... 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Assessor Weld County Weld County Wed County Weld County Weid County Assessor Account Comipanyeam Site Code P3335306 P3335306 P3335306 P3335306 P3335306 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 CEC Entertainment CO -702 Site Name Chuck E Cheese #702 Chuck E Cheese #702 Chuck E Cheese #702 Chuck E Cheese #702 Chuck E Cheese #702 A� Asset Category BA -2019478200 Smallware BA -2020453200 Srnallware BA -2023396300 BA -3000014114 BA -3000025488 Chuck E Cheese #702 Total Grand Total Smallware Smallware Srnallware Smallware Total Asset Description SMALLWARES SMALLWARES PIZZA PANS XL Smallwares PIZZA BUFFET SMALLWARES Acct Date IR) 2009 Total 2011 2011 2041 Total 2014 2014 Total 2015 2015 Total 2016 2016 Total Cost (O1 Depreciation 1,393 2,792 0.11 324 0.11 3.118 551 0 11 587 620 0.11 620 418 0 21 418 22,980 2.541 755,692 143,419 8.764.077 1~4O I V.• ,.I O.r MIA,c ♦ /—I V V i S , i. rl nln ♦..-n,♦ m rrn i�E`1p°a�i�i del f) 1iv N M �EC?(1 fi !. i �"�i V lY iT:.7xY-C i�yPG+3ansr�.�.'''j� zi ° l+ dimyf•.-',� Sr~:�r�J1J!'�lli!.�@il:: :[5• a•1{i1:-'S'trJVN:�11:T1!5`--T1fS s4r'm:',.l L ».n•::Isv: H+lf;L.�.�:}�. ffSs • 1.. 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POSTAGE PAID PM 3 -Day DALLAS, TX 75240 JUL 19r 19 AMOUNT $10.85 82305 M147066-13 rUNITED STATES POSTAL SERVICE® VISIT US AT USPS.00M ° ORDER FREE SUPPLIES ONLINE Weld County Assessor PO Box 758 Greeley, CO 8063. A 4 Label 228, March 2016 FOR DOMESTIC AND INTERNATIONAL USE a a PilLaa ink elk a al rya a I a a aa a •a+4 •.r $ lr.nr' data ■ a lr%it.iru tlra+� July 30, 2019 Agent: PARADIGM TAX GROUP 14850 QUORUM DR STE 300 DALLAS, TX 75254-7568 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: CEC ENTERTAINMENT PO BOX 800729 DALLAS, TX 75380-0729 RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket 2019-3432, AS0103 Appeal 2008225147 Hearing 8/5/2019 10:30 AM Account(s) Appealed: P3335306 Dear Petitioner(s): The Weld County Board of Equalization has set a date of August 5, 2019, at or about the hour of 10:30 AM, 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 ofyour written request, the Assessor will notify you of the estimated cost of providing such information. Payment must be made prior to the Assessor providing such information, at which time the Assessor will make the data available within three (3) working days, subject to any confidentiality requirements. Please advise me if you decide not to keep your appointment as scheduled. If you need any additional information, please call me at your convenience. Very truly yours, BOARD OF EQUALIZATION Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Assessor July 30, 2019 Petitioner: CEC ENTERTAINMENT PO BOX 800729 DALLAS, TX 75380-0729 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): PARADIGM TAX GROUP 14850 QUORUM DR STE 300 DALLAS, TX 75254-7568 RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket 2019-3432, AS0103 Appeal 2008225147 Hearing 8/5/2019 10:30 AM Account(s) Appealed: P3335306 Dear Petitioner(s): The Weld County Board of Equalization has set a date of August 5, 2019, at or about the hour of 10:30 AM, 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 Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Assessor Hello