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Home My WebLink About20193005.tiffAugust 6, 2019 Petitioner: ROYAL GARDENS APARTMENTS LLC 400 WESTWOOD DR DENVER, CO 80206-4132 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBS ITE: www.weldgov.com 1150 O STREET P.O. BOX 758 GREELEY CO 80632 Agent (if applicable): MEISSNER ASSOCIATES PO BOX 630408 LITTLETON, CO 80163-0408 RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO NOTICE OF DECISION Docket 2019-3005 Appeal 2008224880 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 R3573586 Stipulated - Approved $2,373,120 Stipulated Value R3573686 Stipulated - Approved $2,274,240 Stipulated Value R3573786 Withdrawn $64,819 R3574086 Stipulated - Approved $2,274,248 Stipulated Value $2,150,640 $2,061,030 $2,061,030 Totals: $6,986,427 4 Total Accounts $6,272,700 A denial of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 azi„CO.!G'4 Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization August 6, 2019 Agent: MEISSNER ASSOCIATES PO BOX 630408 LITTLETON, CO 80163-0408 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: ROYAL GARDENS APARTMENTS LLC 400 WESTWOOD DR DENVER, CO 80206-4132 RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO NOTICE OF DECISION Docket 2019-3005 Appeal 2008224880 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 R3573586 Stipulated - Approved $2,373,120 Stipulated Value R3573686 Stipulated - Approved $2,274,240 Stipulated Value R3573786 Withdrawn $64,819 R3574086 Stipulated - Approved $2,274,248 Stipulated Value $2,150,640 $2,061,030 $2,061,030 Totals: $6,986,427 4 Total Accounts $6,272,700 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 aLe Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Weld County Assessor COUNTY BOARD OF EQUALIZATION WELD COUNTY Single County Schedule Number R3574086 STIPULATION (As To Tax Year 2019 Actual Value) RE PETITION OF : NAME: ADDRESS: Royal Gardens Apartments LLC 400 Westwood Dr Denver, Co 80206 Petitioner (s) and the Weld County Assessor hereby enter into this Stipulation regarding the tax year 2019 valuation of the subject property, and jointly move the Board of Equalization to enter its order based on this Stipulation. Petitioner (s) and Assessor agree and stipulate as follows: 1. The property subject to this Stipulation is described as: GR 2RG6-2 L2 & N72' L3 BLK6 2ND ROYAL GARDENS 2105 22nd Ave, Greeley, CO 2. The subject property is classified as Multi -Unit property. 3. The County Assessor originally assigned the following actual value to the subject property for the tax year 2019 : Total $2,274,248 4. After further review and negotiation, Petitioner (s) and Weld County Assessor agree to the following tax year 2019 actual value for the subject property: Total $2,061,030 5. The valuation, as established above, shall be binding only with respect to tax year2019 . 6. Brief narrative as to why the reduction was made: After a review of the approaches to value, an adjustment was indicated. 7. Both parties agree that: illThe hearing scheduled before the Board of Equalization on 8/1/2019 at 1:30 pm be vacated. nA hearing has not yet been scheduled before the Board of Equalization. 1 L9-3005 /,So (03 DATED this 22 day of July , 2019 David Meissner Dav,d Meissner Ju122, 2019) Petitioner(s) or Agent or Attorney Address: Meissner Associates PO Box 630408 Littleton, CO 80163-0408 Telephone: 303-649-9550 Docket Number R3574086 Stip-1.Frm (Assistant) County Attorney for Respondent, Weld County Board of Commissioners Address: 1150 "O" Street P.O. Box 758 Greeley, CO 80632 Telephone:(970) 336-7235 County Assessor Address: 1400 N.17th Avenue Greeley, CO 80631 Telephone: (970) 400-3650 2 R3574086 / Royal Gardens Apartments LLC Final Audit Report 2019-07-22 Created: 2019-07-22 By: Wade Melies (wmelies@co.weld.co.us) Status: Signed Transaction ID: CBJCHBCAABAAy71n6Bz0T1d-YBVanY5wrvmV2oMFNZDN "R3574086 / Royal Gardens Apartments LLC" History 'n Document created by Wade Melies (wmelies@co.weld.co.us) 2019-07-22 - 4:05:40 PM GMT- IP address: 204.133.39.9 El. Document emailed to Wade Melies (wmelies@co.weld.co.us) for approval 2019-07-22 - 4:05:42 PM GMT Q Document approved by Wade Melies (wmelies@co.weld.co.us) Approval Date: 2019-07-22 - 4:06:04 PM GMT - Time Source: server- IP address: 204.133.39.9 ., Document emailed to Susan Gundry (sgundry@co.weld.co.us) for approval 2019-07-22 - 4:06:06 PM GMT t Email viewed by Susan Gundry (sgundry@co.weld.co.us) 2019-07-22 - 5:02:22 PM GMT- IP address: 204.133.39.9 do Document approved by Susan Gundry (sgundry@co.weld.co.us) Approval Date: 2019-07-22 - 5:04:19 PM GMT - Time Source: server- IP address: 204.133.39.9 I. Document emailed to Brenda Dones (bdones@co.weld.co.us) for signature 2019-07-22 - 5:04:20 PM GMT Email viewed by Brenda Dones (bdones@co.weld.co.us) 2019-07-22 - 7:31:37 PM GMT- IP address: 204.133.39.9 c-), Document e -signed by Brenda Dones (bdones@co.weld.co.us) Signature Date: 2019-07-22 - 7:31:50 PM GMT - Time Source: server- IP address: 204.133.39.9 El. Document emailed to David Meissner (meissnerassociates@gmail.com) for signature 2019-07-22 - 7:31:52 PM GMT 'J Email viewed by David Meissner (meissnerassociates@gmail.com) 2019-07-22 - 7:33:44 PM GMT- IP address: 66.102.6.38 Adobe Sign t56 Document e -signed by David Meissner (meissnerassociates@gmail.com) Signature Date: 2019-07-22 - 7:37:13 PM GMT - Time Source: server- IP address: 63.151.68.18 Document emailed to Karin McDougal (weld-cboe@weldgov.com) for signature 2019-07-22 - 7:37:14 PM GMT 1 Email viewed by Karin McDougal (weld-cboe@weldgov.com) 2019-07-22 - 8:16:39 PM GMT- IP address: 204.133.39.9 coo Document e -signed by Karin McDougal (weld-cboe@weldgov.com) Signature Date: 2019-07-22 - 10:29:10 PM GMT - Time Source: server- IP address: 204.133.39.9 O Signed document emailed to David Meissner (meissnerassociates@gmail.com), Karin McDougal (weld- cboe@weldgov.com), Brenda Dones (bdones@co.weld.co.us), canaya@weldgov.com, and 2 more 2019-07-22 - 10:29:10 PM GMT 4104) Adobe Sign NOTICE OF DETERMINATION Brenda Dones Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 . ACCOUNT NO:` TAX AI ' TAX AREA ' F LEGAL i 5C tIP` IONt PHYSICAL LOCATION R3574086 2019 0600 GR 2RG6-2 L2 & N72' RDENS 2105 22ND AVE GREELEY L3 BLK6 2ND ROYAL GA ,f;ROPERTY OWNER. ROYAL GARDENS APARTMENTS LLC 400 WESTWOOD DR DENVER, CO 80206-4132 " _ v PROPERTY, CLASSIFICATION ; r s _ :1. ' �m=, 9 ;d 9ASSE`SSOR'SVALUATION-_ ', ACTUAL:VALU PRIOR TO Renkifi ' > x < ' ACTUAi VALUE AFTER 0, g r' REVIEW RESIDENTIAL 2,274,248 2,274,248 ,TOTAL 2,274,248 2,274,248 RECEWED JUL 1 52019 WELD COUNTY Date of Notice 6/25/2019 Telephone (970) 400-3650 Fax (970) 304-6433 Office Hours 8 OOAM - 5 OOPM 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 CM06 - The Assessor staff has requested additional information to properly review your property's value Because we have not received this information, we have no choice but to deny any adjustments 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 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) MEISSNER ASSOCIATES PO BOX 630408 LITTLETON, CO 80163-0408 2019-3005 .a%5O 103 15-DPT-AR PR 207-08/13 R3574086 ZOSO, Ste( 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 County Board of Equalization 1150 O Street, P O Box 758 Greeley, CO 80631 Telephone (970) 356-4000 ext, 4225 Online www co weld co us/appsl/cboe/ To preserve your appeal rights, your Petition to the County Board of Equalization must be postmarked or delivered on or before July 15 for real property — after such date, your right to appeal is lost You may be required to prove that you filed a timely appeal, therefore, we recommend that all correspondence be mailed with proof of mailing I � 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 ithe 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 www dola colorado aov/baa Binding Arbitration For a list of arbitrators, contact the County Commissioners at the address listed for the County Board of Equalization If the date for filing any report, schedule, claim, tax return, statement, remittance, or other document falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed on the next business day, ,¢ 39-1-120(3), C R S I I 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 What is your estimate of the property's value as of June 30, 20118' (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 ) $ Z,oSd, go( Whafis 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 ) lr (e 4_eie sew -a-Le aF-FeccCLec( I, the undersigned owner or agent' of the property identified above, affirm that the statements contained and9n- ny attaphmen,s hereto are true and complete ;03— Y'sO 7/IZ fro Signature -' Telephone Number Date ev mac is Email Address 'Attach letter of authorization signed by property owner herein 15-DPT-AR PR 207-08/13 R3574086 Chloe Rempel From: Sent: To: Subject: Attachments: Dave Meissner <meissnerassociates@gmail corn> Monday, July 22, 2019 10 35 AM Susan Gundry, CTB-County Board of Equalization Re Royal Garden Apartment R3573786 Withdrawal pdf ,; Caution This email originated from outside of Weld County Government Do click links or open attachments unless you recognize the ' sender and know the content is safe - Susan & Chloe, Please see the attached withdrawal of our 2019 protest for account # R3573786 Thanks! On Mon, Jul 22, 2019 at 9 57 AM Susan Gundry <sgundrvPweldgov corn> wrote Since there is no change to the one parcel R3573786, can you email a withdraw to me or to the clerk to the board? I will get a stipulation started for the other 3 accounts Thank you, Susan Gundry Property Appraiser Commercial Division Weld County Assessor's Office 1400 N 17th Avenue Greeley, CO 80631 970-400-3676 sgundrv@weldgov corn 1 00 l q -3005 /\50 103 Chloe Rempel From: Sent: To: Subject: Attachments: Dave Meissner <meissnerassociates@gmail.com> Monday, July 22, 2019 10:35 AM Susan Gundry; CTB-County Board of Equalization Re: Royal Garden Apartment R3573786 Withdrawal.pdf 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. Susan & Chloe, Please see the attached withdrawal of our 2019 protest for account # R3573786. Thanks! On Mon, Jul 22, 2019 at 9:57 AM Susan Gundry <sgundry@weldgov.com>wrote: Since there is no change to the one parcel R3573786, can you email a withdraw to me or to the clerk to the board? I will get a stipulation started for the other 3 accounts. Thank you, Susan Gundry Property Appraiser Commercial Division Weld County Assessor's Office 1400 N. 17th Avenue Greeley, CO 80631 970-400-3676 sgundry@weldgov.com 1 aolq-30O5 /-�.Soto3 MEISSNER ASSOCIATES Real Estate Tax Reductions Brokerage July 22, 2019 Weld County Board of Equalization 1150 O Street, PO Box 758 Greeley, CO 80631 Re: Subject Property — 2105 22nd Avenue, Greeley Account # R3573786 Dear Board, On behalf of the subject property owner, Royal Gardens Apartments LLC, we wish to WITHDRAW our 2019 valuation protest for account # R3573786. Please see our protest submission for Agency authorization. r. RC, rcr Sincerely, 4:. David Meissner P.O. Box 630408 Littleton, CO 80163-0408 (303) 649-9550 (970) 819-0960 www.mcissnerassociates.com meissnerassociates@gmail.com FAX (720) 223-6127 Brenda Dones Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 NOTICE OF DETERMINATION RECEIVED JUL 1 5 2019 WELD COUNTY COMMISSIONERS Date of Notice 6/25/2019 Telephone (970) 400-3650 Fax (970) 304-6433 Office Hours 8 OOAM — 5 OOPM AC/��IC/�1i�)z T ;4-2:.3;,...,,,y,', 8 a1'v�lc"' pirl�i ' 0�. -x, ry < A /y_ , 'yEAR„ p,,,,w,..,.. ,,w, REA ,,., AREAa LEGAL D SCRIPTIONI 4'4'6' LOCATIO J ,, 9 ., On n 46 -„,-1, x„„ • n^ ,,,,...,....„.:•,.„5,.... ,A-.,,,,..,, R3573786 2019 0600 GR 2RG6-7 L7 EXC S73' DENS 2105 22ND AVE GREELEY - '- — ' BLK6 2ND ROYAL GAR i -' — - -' ` -- - ' -'_ — a z_£ g''''''''t „ re :'sue°° . ROYAL GARDENS APARTMENTS LLC 400 WESTWOOD DR DENVER, CO 80206-4132 _ _ s _ - _. _ _ __ " _ _ • _ - - - " - K, c,,. ix' ♦ a♦ ^' < x s „„ _ �F= ", ° PROPERTY CLASSIFICATION w ' ° ^ _ '°�'�,:� gag°' � a, � As++ ro'� .S' '. "^.„ Y^^.. ^,„7.,--e.„---,-„,- t, i� ,� fix. ;°a _ ASSESSOR'S,V,ALUATIO ^ AC'TUAL VALUE PRIOR To o-< REVIEW "_°` "°�= 1�� ; _ „� � ; ACTUAL VALUE AFTER ° _ € 7 =REVIEW„ e '�' 4f*ac, xx«'„ae�o„'°F RESIDENTIAL 64,819 64,819 �� ,` n y TOTAL 64,819 64,619 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 CM05 - The law requires that data from Jan 2017 to June 2018 be used to establish current values We have considered all three approaches to value and we have denied your appeal based upon this data If you disagree with the Assessor's decision, you have the right to appeal to the County Board offEqualization;fforfurther-consideration, 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) MEISSNER ASSOCIATES PO BOX 630408 LITTLETON, CO 80163-0408 15-DPT-AR PR 207-08/13 R3573786 fig, q5v 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 County Board of Equalization 1150 O Street, P O Box 758 Greeley, CO 80631 Telephone (970) 356-4000 ext, 4225 Online www co weld co us/appsl/cboe/ To preserve your appeal rights, your Petition to the County Board of Equalization must be postmarked or delivered on or before July 15 for real property — after such date, your right to appeal is lost You may be required to prove that you filed a timely appeal, therefore, we recommend that all correspondence be mailed with proof of mailing You will be notified of the date and time scheduled for your hearing The County Board of Equalization must mail a written decision to you within five business days following the date of the decision The County Board of Equalization must conclude hearings and render decisions by August 5, § 39-8-107(2), C R S If you do not receive a decision from'ithe County Board of Equalization and you wish to continue your appeal, you must file an appeal withjthe 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 www dola colorado gov/baa 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 Binding Arbitration For a list of arbitrators, contact the County Commissioners at the address listed for the County Board of Equalization If the date for filing any report, schedule, claim, tax return, statement, remittance, or other document falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed i/f filed on the next business day, § 39-1-120(3), C R S ` PETITIONXO COUNTY BOARD,OF EQUALIZATION -7,, . 43t 44` What is your estimate',of the property's value as of June 30, 2018? (Your opinion of value in terms of a speci p dollar amount is required for real property pursuant to § 39-8-106(1 5), C R S ) $ What is -the -basis for your estimate -of value` or your reason for requesting- a reviews (Please attach additional sheets as necessary and any supporting documentation,1 i e , comparable sales, rent roll, original installed cost, appraisal, etc ) 1 1 p( ec:Lgee --Fq_c-Ld I, the undersigned owner or agent' of the property identified above, affirm that the statements contained herein and o:i iy ttaghmeni;¢ hereto are true and complete Signature ctsro Telephone Number Email Address `l 'Attach letter of authonzation signed by property owner Date -z(tz(zoc� 15-DPT-AR PR 207-08/13 R3573786 COUNTY BOARD OF EQUALIZATION WELD COUNTY Single County Schedule Number R3573686 STIPULATION (As To Tax Year 2019 Actual Value) RE PETITION OF : NAME: ADDRESS: Royal Gardens Apartments LLC 400 Westwood Dr Denver, CO 80206 Petitioner (s) and the Weld County Assessor hereby enter into this Stipulation regarding the tax year 2019 valuation of the subject property, and jointly move the Board of Equalization to enter its order based on this Stipulation. Petitioner (s) and Assessor agree and stipulate as follows: 1. The property subject to this Stipulation is described as: GR 2RG6-6 L6 & N72' L5 BLK6 2ND ROYAL GARDENS 2105 22nd Ave, Greeley, CO 2. The subject property is classified as Multi -Unit property. 3. The County Assessor originally assigned the following actual value to the subject property for the tax year 2019 : Total $2,274,240 4. After further review and negotiation, Petitioner (s) and Weld County Assessor agree to the following tax year 2019 actual value for the subject property: Total $2,061,030 5. The valuation, as established above, shall be binding only with respect to tax year2019 6. Brief narrative as to why the reduction was made: After a review of the approaches to value, an adjustment was indicated. 7. Both parties agree that: fThe hearing scheduled before the Board of Equalization on 8/1/2019 at 1:30 pm be vacated. nA hearing has not yet been scheduled before the Board of Equalization. 1 aO1GI -3005 ASG(03 DATED this 22 day of July 2019 David Meissner 2avid Meissner (Jul 22, 2019) Petitioner(s) or Agent or Attorney Address: Meissner Associates PO Box 630408 Littleton, CO 80163-0408 Telephone: 303-649-9550 Docket Number R3573686 Stip-1.Frm (Assistant) County Attorney for Respondent, Weld County Board of Commissioners Address: 1150 "O" Street P.O. Box 758 Greeley, CO 80632 Telephone:(970) 336-7235 County Assessor Address: 1400 N.17th Avenue Greeley, CO 80631 Telephone: (970) 400-3650 2 R3573686 / Royal Gardens Apartments LLC Final Audit Report 2019-07-22 Created: 2019-07-22 By: Wade Melies (wmelies@co.weld.co.us) Status: Signed Transaction ID: CBJCHBCAABAAL0pCY9_d3Cw7v8gk2rljjfktBAQ4Z22x "R3573686 / Royal Gardens Apartments LLC" History °n Document created by Wade Melies (wmelies@co.weld.co.us) 2019-07-22 - 4:10:54 PM GMT- IP address: 204.133.39.9 Document emailed to Wade Melies (wmelies@co.weld.co.us) for approval 2019-07-22 - 4:10:55 PM GMT Document approved by Wade Melies (wmelies@co.weld.co.us) Approval Date: 2019-07-22 - 4:11:06 PM GMT - Time Source: server- IP address: 204.133.39.9 L-2, Document emailed to Susan Gundry (sgundry@co.weld.co.us) for approval 2019-07-22 - 4:11:08 PM GMT Email viewed by Susan Gundry (sgundry@co.weld.co.us) 2019-07-22 - 4:53:10 PM GMT- IP address: 204.133.39.9 t'`ra Document approved by Susan Gundry (sgundry@co.weld.co.us) Approval Date: 2019-07-22 - 4:57:15 PM GMT - Time Source: server- IP address: 204.133.39.9 L Document emailed to Brenda Dones (bdones@co.weld.co.us) for signature 2019-07-22 - 4:57:16 PM GMT In Email viewed by Brenda Dones (bdones@co.weld.co.us) 2019-07-22 - 4:58:10 PM GMT- IP address: 204.133.39.9 c%© Document e -signed by Brenda Dones (bdones@co.weld.co.us) Signature Date: 2019-07-22 - 4:58:29 PM GMT - Time Source: server- IP address: 204.133.39.9 E Document emailed to David Meissner (meissnerassociates@gmail.com) for signature 2019-07-22 - 4:58:31 PM GMT std Email viewed by David Meissner (meissnerassociates@gmail.com) 2019-07-22 - 5:39:48 PM GMT- IP address: 66.102.6.38 Adobe Sign Brenda Dones Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 NOTICE OF DETERMINATION RECEIVED JUL 1 5 2019 WELD COUNTY COMMISSIONERS Date of Notice 6/25/2019 Telephone (970) 400-3650 Fax (970) 304-6433 Office Hours 8 OOAM — 5 OOPM " '' q > " ACCOUNT NO. TAX YEAR s -"TAX AREA "te ai3 LEGAL DESCRIPTION/ PHYSICAL<LOCATION F R3573686 2019 0600 GR 2RG6-6 L6 & N72' L5 BLK6 2ND ROYAL GA RDENS 2105 22ND AVE GREELEY t,";_ - n °a,+ —PROPERTY OWNER=` ROYAL GARDENS APARTMENTS LLC 400 WESTWOOD DR DENVER, CO 80206-4132 g , ,&PROPERTY CLASSIFICATION - _ fix" ' �5 _ « ASS_ESSOR'SF£VALUATIC1Id =�F ACTUAL VALUE PRIOR TO ' " ' REVIEW =4- 2 ACTUAL VALUE AFTERS "`µ " ' REVIEW , , �> , µ RESIDENTIAL 2,274,240 2,274,240 `TOTAL 2,274,240 2,274,240 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 CM06 - The Assessor staff has requested additional information to properly review your property's value Because we have not received this information, we have no choice but to deny any adjustments If you disagree with the Assessor's decision, you have the right to appeal to the County Boardof-EggaIization,for-further consideration, §-39-13-106(1)(a), 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) MEISSNER ASSOCIATES PO BOX 630408 LITTLETON, CO 80163-0408 15-DPT-AR PR 207-08/13 R3573686 Z, 050, 71Z, County Board of Equalization Hearings will be held from July 25th through .4 ugust 5that 1150 O Street. To appeal the Assessor's decision, complete the Petition to the County Board of Equalization shown below, and mail, file online, or deliver a copy of both sides of this form to Weld County Board of Equalization 1150 O Street, P O Box 758 Greeley, CO 80631 Telephone (970) 356-4000 ext1 4225 Online www co weld co us/aposi/cboe/ To preserve your appeal rights, your Petition to the County Board of Equalization must be postmarked or delivered on or before July 15 for real property — after such date, your right to appeal is lost You may be required to prove that you filed a timely appeal, therefore, we recommend that all correspondence be mailed with proof of mailing You will be notified of the date and time scheduled for your hearing The County Board of Equalization must mail a written decision to you within five business days following the date of the decision The County Board of Equalization must conclude hearings and render decisions by August 5, § 39-8-107(2), CRS 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'Ithe 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 QNE 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 Fora list of arbitrators, contact the County Commissioners at the address listed for the County Board fEqualization o If the date for filing any report, schedule, claim, tax return, statement, remittance, or other document falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed on the next business day, § 39-1-120(3), C R S PETITION TO COUNTY BOARD OF EQUALIZATION,' What is your estimate of the property's value as of June 30, 2018? (Your opinion of value in terms of a specific dollar amount is required for real property pursuant to § 39-8-106(1 5), C R S ) $ Z,05'0, 7RZ What is the basis for your estimate of value or -your -reason for requesting a-review1 (Please attach additional sheets as necessary and any supporting documentation, Ii e , comparable sales, rent roll, original installed cost, appraisal, etc ) I, the undersigned owner or agent' of the property identified above, affirm that the statements contained herein and any attachm is hereto are true and complete 503-64-7 o Telephone Number Signbture Email Address I Attach/letter of authorization signed by property owner Date 7/r ZIZo t� 15-DPT-AR PR 207-08/13 R3573686 1 COUNTY BOARD OF EQUALIZATION WELD COUNTY Single County Schedule Number R3573586 STIPULATION (As To Tax Year 2019 Actual Value) RE PETITION OF : NAME: ADDRESS: Royal Gardens Apartments LLC 400 Westwood Dr Denver, CO 80206 Petitioner (s) and the Weld County Assessor hereby enter into this Stipulation regarding the tax year 2019 valuation of the subject property, and jointly move the Board of Equalization to enter its order based on this Stipulation. Petitioner (s) and Assessor agree and stipulate as follows: 1. The property subject to this Stipulation is described as: GR 2RG6-1 L1BLK6 2ND ROYAL GARDENS 2105 22nd Ave, Greeley, CO 2. The subject property is classified as Multi -Unit property. 3. The County Assessor originally assigned the following actual value to the subject property for the tax year 2019 : Total $2,373,120 4. After further review and negotiation, Petitioner (s) and Weld County Assessor agree to the following tax year2019 actual value for the subject property: Total $2,150,640 5. The valuation, as established above, shall be binding only with respect to tax year2019 6. Brief narrative as to why the reduction was made: After a review of the approaches to value, an adjustment was indicated. 7. Both parties agree that: (7lThe hearing scheduled before the Board of Equalization on 8/1/2019 at 1:30 pm be vacated. [-IA hearing has not yet been scheduled before the Board of Equalization. 1 Qo (9 -300s A5O 03 DATED this 22 day of July , 2019 , David Meissner David Meissner (Jul 22, 2019) Petitioner(s) or Agent or Attorney Address: Meissner Associates PO Box 630408 Littleton, CO 80163-0408 Telephone: 303-649-9550 Docket Number R3573586 Stip-1.Frm (Assistant) County Attorney for Respondent, Weld County Board of Commissioners Address: 1150 "O" Street P.O. Box 758 Greeley, CO 80632 Telephone:(970) 336-7235 County Assessor Address: 1400 N.17th Avenue Greeley, CO 80631 Telephone: (970) 400-3650 2 R3573586 / Royal Gardens Apartments LLC Final Audit Report 2019-07-22 Created: 2019-07-22 By: Wade Melies (wmelies@co.weld.co.us) Status: Signed Transaction ID: CBJCHBCAABAAJ_u8gt2YdgQEeobstKfVYUKJbkrXvg0 "R3573586 / Royal Gardens Apartments LLC" History f Document created by Wade Melies (wmelies@co.weld.co.us) 2019-07-22 - 4:09:11 PM GMT- IP address: 204.133.39.9 C.. Document emailed to Wade Melies (wmelies@co.weld.co.us) for approval 2019-07-22 - 4:09:12 PM GMT t56 Document approved by Wade Melies (wmelies@co.weld.co.us) Approval Date: 2019-07-22 - 4:09:25 PM GMT - Time Source: server- IP address: 204.133.39.9 . Document emailed to Susan Gundry (sgundry@co.weld.co.us) for approval 2019-07-22 - 4:09:26 PM GMT f) Email viewed by Susan Gundry (sgundry@co.weld.co.us) 2019-07-22 - 4:57:59 PM GMT- IP address: 204.133.39.9 C(7O Document approved by Susan Gundry (sgundry@co.weld.co.us) Approval Date: 2019-07-22 - 5:01:49 PM GMT - Time Source: server- IP address: 204.133.39.9 C'. Document emailed to Brenda Dones (bdones@co.weld.co.us) for signature 2019-07-22 - 5:01:51 PM GMT t Email viewed by Brenda Dones (bdones@co.weld.co.us) 2019-07-22 - 7:30:54 PM GMT- IP address: 204.133.39.9 Document e -signed by Brenda Dones (bdones@co.weld.co.us) Signature Date: 2019-07-22 - 7:31:27 PM GMT - Time Source: server- IP address: 204.133.39.9 C'+ Document emailed to David Meissner (meissnerassociates@gmail.com) for signature 2019-07-22 - 7:31:29 PM GMT t Email viewed by David Meissner (meissnerassociates@gmail.com) 2019-07-22 - 7:37:22 PM GMT- IP address: 66.102.6.107 Nits Adobe Sign ego Document e -signed by David Meissner (meissnerassociates@gmail.com) Signature Date: 2019-07-22 - 5:42:20 PM GMT - Time Source: server- IP address: 63.151.68.18 L Document emailed to Karin McDougal (weld-cboe@weldgov.com) for signature 2019-07-22 - 5:42:21 PM GMT t Email viewed by Karin McDougal (weld-cboe@weldgov.com) 2019-07-22 - 5:43:17 PM GMT- IP address: 204.133.39.9 C Document e -signed by Karin McDougal (weld-cboe@weldgov.com) Signature Date: 2019-07-22 - 7:08:14 PM GMT - Time Source: server- IP address: 204.133.39.9 Q Signed document emailed to Susan Gundry (sgundry@co.weld.co.us), Wade Melies (wmelies@co.weld.co.us), Karin McDougal (weld-cboe@weldgov.com), canaya@weldgov.com, and 2 more 2019-07-22 - 7:08:14 PM GMT Adobe Sign Brenda Dones Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 NOTICE OF DETERMINATION RECEIVED JUL 9 5 2019 WELD COUNTY COMMISSIONERS Date of Notice 6/25/2019 Telephone (970) 400-3650 Fax (970) 304-6433 Office Hours 8 OOAM — 5 OOPM ACCOUNT NOS; '� �` T 1X YEAR MCA AREA '° LEGAL., DESCRIPTION! PHYSICACL' OCATI©N <,'', R3573586 2019 0600 GR 2RG6-1 L1BLK6 2ND ROYAL GARDENS 2105 22ND AVE GREELEY _ -�- = n O> CC n. i.0. ROYAL GARDENS APARTMENTS LLC 400 WESTWOOD DR DENVER, CO 80206-4132 Wd}a' ,Rn'�'�f�f ate€ 7, '.t n ��` ��&«sue , s PROPERTY CLASSIFICATION E ;_ I,, s¢ _i .V <..0 >� 44 , _ < ., �{ ue ^� 3 4 ,ASSESSOR'S V, LUATI0N m...._ y� e8� ;.one ,=AACTUAL VALUE PRIOR 1`0 ' REVIEWf , , .�. _ _ ....., µ ^ s AC-iiii:VAt of AFTER < REVIEW '' RESIDENTIAL 2,373,120 2,373,120 TOTAL, 2,373,120 2,373,120 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 CM06 - The Assessor staff has requested additional information to properly review your property's value Because we have not received this information, we have no choice but to deny any adjustments If you disagree with the Assessor's decision, you have the right to appeal to the County - - Board•of Equalization tor -further consideration,-§ 39-8-106(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) MEISSNER ASSOCIATES PO BOX 630408 LITTLETON, CO 80163-0408 15-DPT-AR PR 207-08/13 R3573586 Z, RT(,1 7 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-th'e Petition to the County Board of Equalization shown below, and mail, file online, or deliver a copy of both sides of this form to Weld County Board of Equalization 1150 O Street, P -O Box 758 Greeley, CO 80631 Telephone (970) 356-4000 ext, 4225 Online www co weld co us/appsl/cboe/ To preserve your appeal rights, your Petition to the County Board of Equalization must be postmarked or delivered on or before July 15 for real property — after such date, your right to appeal is lost You may be required to prove that you filed a timely appeal, therefore, we recommend that all correspondence be mailed with proof of mailing You will be notified of the date and time scheduled for your hearing The County Board of Equalization must mail_ a written decision to you within five business days following the date of the decision The County Board of Equalization must conclude hearings and render decisions by August 5, § 39-8-107(2), C R S If you do not receive a decision from the County Board of Equalization and you wish to continue your appeal, you must file an appeal with, the Board of Assessment Appeals by September 10, § 39-2-125(1)(e), C R S If you are dissatisfied with the County Board of Equalization's decision and you wish to continue your appeal, you must appeal within 30 days of the date of the County Board's written decision to ONE of the following Board of Assessment Appeals 1313 Sherman Street, Room 315 Denver, CO 80203 (303) 866-5880 www dole colorado qov/baa Binding Arbitration For a list of arbitrators, contact the County Commissioners at the address listed for the; County Board of Equalization If the date for filing any report, schedule, claim, tax return, statement, remittance, or other document falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed on the next business day, § 39-1-120(3), C R S 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 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 ) i ' $ Z, i/i, RS7 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 rbCe.e. ;e - +-L- I, the undersigned owner o and or any attachm nts here • - e true and complete (iu .a� d�r� ��c� 1IIZ (ZO�� Signature " Telephone Number I Date ,VMTESTATIOR.g of the property identified above, affirm that the statements contained herein vi l .•kel'aSSoci cr-(-e5 12_ `ALai CO Email Address Attach letter of authorization signed by property owner 15-DPT-AR PR 207-08/13 R3573586 MEISSNER ASSOCIATES Real Estate Tax Reductions Brokerage July 12, 2019 Board of Equalization Weld County PO Box 758 Greeley, CO 80631 Re: 2019 VALUATION PROTEST - Real Property Dear Board, Please consider the attached protest of the 2019 valuation. Salient facts are listed below: Subject Property: 2100 23rd/2105 22nd Av Greeley, Account # R3574086, R3573786, R3573586, R3573686 Property Type/Use: Apartment Complex, 3 Buildings, 70 units Owner of Record: Royal Gardens Apartments LLC 44Z -T Current Actual Value (2019): $6,986,5 or $99,806/unit Requested Actual Value: $6,300,000 or $90,000/unit Basis of Protest: The subject property consists of 4 parcels that comprise the Royal Gardens Apartment Complex which all have the same ownership and are managed together. Please treat them as 1 economic unit for this appeal. Please consider the attached base period sales comparables of larger apartment complexes in the Greeley area. They have been time adjusted to the valuation date (6/30/2018) at a rate of 9% per year. The information and facts contained herein and on any attachments constitute true and complete statements concerning the described property to the best of our knowledge. The Meissner Associates objective as an advocate of the taxpayer is a fair and equalized assessed value, performing valuation services outside of appraisal practice. The above valuation request is consistent with the property owner/client's desire for lower taxes and fees earned by Meissner Associates are contingent on assessment reductions. Attached please find the agency authorization signed by our client. Please contact us at (303)649-9550 if any additional information is needed. Thank you. Sincerely, //f,,,A) (Ve, David J. Meissner r. REALTOR P.O. Box 630408 Littleton, CO 80163-0408 (303) 649-9550 (970) 819-0960 www.meissnerassociates.com meissnerassociates@gmail.com FAX (720) 223-6127 MEISSNER ASSOCIATES Real Estate Tax Reductions Brokerage CONSULTANT - EXCLUSIVE AGENCY AGREEMENT PROPERTY OWNER/CLIENT PROPERTY ADDRESS COLORADO COUNTY SCHEDULE NUMBER(S) Royal Gardens Apartments LLC / Bidell 2100 23rd/2105 22nd Av Greeley Weld R3574086, R3573786, R3573586, R3573686 Client agrees with Meissner Associates that for the real estate assessment year 2019, and for the biennial period 2019 and 2020, for the property referenced above, that Meissner Associates is hereby engaged and authorized to act as exclusive agent and consultant for Client, in the preparation of a real estate assessment petition for the Client to the County Board of Equalization, and if necessary, to the State of Colorado Board of Assessment Appeals. Valuation services outside of appraisal practice will be performed. Client hereby authorizes Meissner Associates, as exclusive agent of the Client to execute and cause to be filed on behalf of Client and in the name of Client, any and all documents relating to a petition of the assessments, for the assessment year 2019 and for the remaining year of the biennial period referenced above, to the County Board of Equalization, and if necessary, to the State of Colorado Board of Assessment Appeals. If the services of an attorney at law are required in connection with any petition referenced herein, it is the Client's option and expense to continue the petition by engaging an attorney. Meissner Associates will co- operate with the attorney in the furtherance of the petition. Meissner Associates does not perform the duties or functions of an attorney at law. Any fees payable to Meissner Associates for its services are separate and distinct from any fees payable by the Client to any attorney at law retained by the Client, are strictly contingent on assessment reductions, and are payable according to the terms of the FEE AGREEMENT. This CONSULTANT - EXCLUSIVE AGENCY AGREEMENT terminates upon receipt by Meissner Associates of the final resolution of any petition(s) initiated during the biennial period referenced above. Property Ownef/C o g"ccceat McLei—. oee,Ycz ( GczrJ '2 Iec 64,1 Date March 13, 2019 David J. Meissner, Meissner Associates is REALTOR• Date P.O. Box 630408 Littleton, CO 80163-0408 (303) 649-9550 (970) 819-0960 www.meissnerassociates.com meissnerassociates@gmail.com FAX (720) 223-6127 2105 22 Avenue, Greeley R3574086/R3573786/R3573586/R3573686 2105 22 Avenue, Greeley R3574086/R3573786/R3573586/R3573686 Account # Address Year Built Unit Size(sf) Sale Date Sale Price Time Adj SP # of Units Price / Unit Subject Comparable #1 Multiple (4) 2100 23rd Ave 1968 946 70 R2854686 401 11th St 1981 1087 1/17/2018 $1,995,000 $2,069,813 21 $98,563 Royal Gardens Apartments LLC Actual Sales Comparables Comparable #2 Comparable #3 Comparable #4 R3636086/6386/6486 R0332794 1715-1807 28th St 509 18th St 1971 1967 891 704 4/12/2017 2/15/2017 $2,475,000 $7,100,000 $2,734,875 $7,952,000 36 $75,969 98 $81,143 R3033086 1001 13th Ave 1967 946 9/29/2016 $2,625,000 $3,038,438 34 $89,366 401 11th St Lincoln Square Greeley, CO 80631 Class C Apartments Building 21 Units of 32,322 SF Sold on 1/17/2018 for $1,995,000 - Research Complete buyer Housing Authority Of Weld County 505 9th Ave Greeley, CO 80631 (970) 353-7437 seller Laura G. Archibeque 325 6th St Greeley, CO 80631 (303) 353-2876 vital data Escrow/Contract: Sale Date: Days on Market: Exchange: Conditions: 0 Bedroom: 1 Bedroom: 2 Bedroom: 3 Bedroom: Other: Land Area SF: Acres: $/SF Land Gross: Year Built, Age: Parking Spaces: Parking Ratio: FAR Lot Dimensions: Frontage: Comp ID: 365 days 1/17/2018 No 0 0 0 21/100% (3 + 2) 0 52,250 1.2 $38.18 1981 Age: 37 42 2.00/Unit 0.62 4111058 Sale Price: Status: Building SF: Price/SF: Pro Forma Cap Rate: Actual Cap Rate: Price/Unit: No Units: Down Pmnt: Pct Down: Doc No: Trans Tax: Corner: Zoning: No Tenants: Percent Improved: Submarket: Map Page: Parcel No: Property Type: $1,995,000 Confirmed $s��' g�ZZ,ZZ � Or 6.00% $95,000 21 $1,995,000 100.0% 4368650 $199.50 No R -H 1 IS Greeley MF 096105424013 Mufti -Family 1, O qa7eT, income expense data Expenses - Taxes - Operating Expenses Total Expenses $514 $514 financing Listing Broker Cushman & Wakefield 772 Whalers Way Fort Collins, CO 80525 (970) 7763900 Brian Mannlein Buyer Broker No Buyer Broker on Deal Copyrighted report licensed to Meissner Associates - 988353. 7/12/2019 Page 1 1c7134807 Summit G Class 4/12/2017 reel ey, C Lofts CO Apartments 28ttt Apartments 80631 for $2,475,000 St Building --L i 7 - Research s'- i 36 Units c≥q of Complete 32,076 SF Sold on ,_ '--.a:,.--` ._ 1"� ' cliaiii ,. __ µ y MI • L_ - t v , _ - . .. buyer ---- John PO Castle (720) Box O'Hara 566 Rock, 220-7940 CO 80104t __�� _.� i1II1 (lll w _...r.,.._ .. __ -. i I I---• _ .ter ..• ; i k' a r i 5 I qmiN Y r,:. seller (970) Manuel PO Box Kersey, 351-0982 Montoya 479 CO 80644 Jr vital data $/SF Escrow/Contract: Days Year Parking Lot Land Parking 1 Land Dimensions: Sale on Exchange: Conditions: 0 2 3 Built, Bedroom: Bedroom: Bedroom: Bedroom: Area Spaces: Frontage: Comp Market: Other: Acres: Gross: Date: Age: Ratio: FAR SF: ID: - - - - 4/12/2017 No Deferred 0 0 36/100% 0 0 68,389 1.57 $36.19 1971 157 4.36/Unit 0.47 3884317 Age: (2 Maintenance + 1) 46 Pro Percent Forma Actual Building Down No Submarket: Sale Cap Cap Price/Unit: Pct Trans Improved: Map Parcel Price/SF: No Tenants: Status: Pmnt: Down: Doc Corner: Zoning: Page: Price: Rate: Rate: Units: Type: SF:� No: Tax: No: $2,475,000 Confirmed $77.16 - 5.00% $68,750 36 - - 4293533 $247.50 No RH, 1 - Greeley - 096118318023 Multi Greeley -Family MF o7' t-' r stcol. Property er [Partial c 9 List] (<(/. 6 t I income expense data Listing Broker at$ V Net altri Income j t a Net - Operating Capital - Debt Expenditure Cash Income Service Flow ( $123,750 . i i Magnum 1703 Greeley, (970) Rob Glenmere 3964272 Haimson CO Properties Blvd 80631 ( • Buyer Broker — No Buyer Broker on Deal financing I prior sale 1st First State Bank Bal/Pmt: $1,900,000 Date/Doc Sale ComplD: Price: No: 10/26/2010 $1,500,000 2001636 Copyrighted report licensed to Meissner Associates - 988353. 7/12/2019 Page 2 • 509 18th St University Apartments Greeley, CO 80631 Class C Dormitory Building 98 Units of 76,150 SF Sold on 2/15/2017 for $7,100,000 - Research Complete buyer Schuman Companies 4630 Royal Vista Cir Windsor, CO 80528 (970) 219-1493 seller University of Northern Colorado 501 20th St Greeley, CO 80639 (970) 351-1890 vital data 4 • ' ,'"�It.. e ..a. M --: • • • 1I •Z,. I .t; • art Ales iset Escrow/Contract: Sale Date: Days on Market: Exchange: Conditions: 0 Bedroom: 1 Bedroom: 2 Bedroom: 3 Bedroom: Other: Land Area SF: Acres: $/SF Land Gross: Year Built, Age: Parking Spaces: Parking Ratio: FAR Lot Dimensions: Frontage: Comp ID: 100 days 2/15/2017 174 days No 0 0 98/100% (2 + 1) 0 0 238,979 5.49 $29.71 1967 Age: 50 0.32 3834847 Sale Price: Status: Building SF: Price/SF: Pro Forma Cap Rate: Actual Cap Rate: Price/Unit: No Units: Down Pmnt: Pct Down: Doc No: Trans Tax: Corner: Zoning: Percent Improved: Submarket: Map Page: Parcel No: Property Type: $7,100,000 Confirmed J6,45 -SE $93.24 6.50% $72,449 98 4279455 No I -L Greeley MF g'Pte(t4C e-4 a-- 7C ite9c4.LL4 096108405017 Multi -Family income expense data Expenses - Taxes - Operating Expenses Total Expenses $37,354 $37,354 Listing Broker Unique Properties, Inc. 400 S Broadway Denver, CO 80209 (303) 321-5888 Phil Dankner, Marc Lippitt Buyer Broker Unique Properties, Inc. 400 S Broadway Denver, CO 80209 (303) 321-5888 Phil Dankner, Marc Lippitt financing 1st Guaranty Bank & Trust Bal/Pmt: $5,751,675 Copyrighted report licensed to Meissner Associates - 988353. 7/12/2019 Page 4 • 1009 9/29/2016 New Greeley, Class 13th Colony C CO Apartments for Apartments 80631 Ave $2,625,000 Building 34 - Research Units of 32,160 Complete SF Sold on j� '� f as � - -- 1 �� ' T111iii ' , r -d'^,"W E' •.jAS'' 's.f = f -•t .F -Y - r, : -'j--`"'�,- - ..7- . •.gib-. - - • ', _. "' "'buyer _ .:.... - 5# / ?at .4, bu y Tish 11507CR70 (970) Windsor, M 686-7730 McNaney CO 80550 ft, ---?. _ ____,, .... c ,i.a= .nom _ i.‘• ♦\ n' S. r.� nrcr h f. 1 �'^' ..I.57 a -- :4* --- i • � { k p f . .. seller e l+...1•1d er John 1900 Fort (970) H S Collins, 484-8542 Shields McCoy St CO 80526 _ vital data $/SF Escrow/Contract: Days Year Parking Lot Land Parking 0 1 2 3 Land Dimensions: Sale on Exchange: Conditions: Built, Bedroom: Bedroom: Bedroom: Bedroom: Area Spaces: Frontage: Comp Market: Other: Acres: Gross: Date: Age: Ratio: FAR SF: ID: - 9/29/2016 - - 1/3% 20/59% 13/38% 0 0 38,002 0.87 $69.08 1967 50 1.47/Unit 0.85 - - 3722347 No (0 Age: + (1 (2 ) + ) + 2) 49 Pro Forma Actual Percent Building Down No Sale Submarket: Cap Cap Price/Unit: Pct Trans Improved: Map Parcel Price/SF: No Doc Tenants: Status: Down: Corner: Zoning: Price: Rate: Rate: Units: Pmnt: Tax: Page: Type: SF: No: No: $2,625,000 Confirmed 32,160 $81.62 - 5.75% $77,206 34 $625,000 23.8% 4241125 - No - 1 - Greeley - - Multi SF -Family MF ----% , L" ` t ¶q4�' Property income expense data Listing Broker Expenses - Operating Total - Expenses Taxes $9,011 Unique 400 Denver, (303) Phil Properties, S Broadway 321-5888 Dankner, CO 80209 Adam Inc. Riddle, Ryan Floyd Expenses $9,011 Buyer Broker Unique 400 Denver, (303) Phil Properties, S Broadway 321-5888 Dankner, CO 80209 Adam Inc. Riddle, Ryan Floyd financing 1st Homestreet Bal/Pmt: Bank $2,000,000 Copyrighted report licensed to Meissner Associates - 988353. 7/12/2019 Page 5 e (-42,- Lik÷zi-ct te Map. N W 1 a D 20th St ~� Park W a' a a it Google Greeley 13th ' b Rcservott� W27thSt Address 1 2 3 4 401 11th St 1713-1807 28th St 509 18th St 1009 13th Ave p sb it 16th St Glenmere Park V .-e C et 0 City Greeley Greeley Greeley Greeley Goa c lb 13th St 20th St 22nd St 0 A 25th St 26th St 10th St aQ c m 52 C to Garden City ciit) Property Info 32,322 SF Multi- Family/Apartments 32,076 SF Multi- Family/Apartments 76,150 SF Multi-Family/Dormitory 32,160 SF Multi- Family/Apartments or E 16th St U, A C, E 20th St was N <Pe> E 22nd Si E 24th St 'E 26th St 3AV wesieg as 1000 id J Map data @2O1 Sale Info Sold: $1,995,000 ($95,000/Unit) Sold: $2,475,000 ($68,750/Unit) Sold: $7,100,000 ($72,449/Unit) Sold: $2,625,000 ($77,206/Unit) Copyrighted report licensed to Meissner Associates - 988353. 7/12/2019 Page 1 Hello