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Home My WebLink About20193184.tiffAugust 6, 2019 Petitioner: WARD LIVING LLC PO BOX 265 LOVELAND, CO 80539-0265 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): FREESTONE REAL ESTATE ADVISORS LLC PO BOX 271490 FORT COLLINS, CO 80527-1490 RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO CONFIRMATION OF WITHDRAWAL REQUEST Docket #: 2019-3184 Appeal #: 2008224827 Dear Petitioner: Based upon information furnished to the Weld County Board of Equalization, we understand that you have withdrawn the petition challenging the valuation of the below account number(s). Please be informed that a withdrawn petition precludes any further challenge to the valuation of the below account number(s) for this assessment period. Therefore, the Board of Equalization took no action on your petition and the assessed value remains as set by the Assessor. Actual Value as Account # Decision Determined by Assessor R7263798 Withdrawn $286,446 Very truly yours, BOARD OF EQUALIZATION Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda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: FREESTONE REAL ESTATE ADVISORS LLC PO BOX 271490 FORT COLLINS, CO 80527-1490 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: WARD LIVING LLC PO BOX 265 LOVELAND, CO 80539-0265 RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO CONFIRMATION OF WITHDRAWAL REQUEST Docket #: 2019-3184 Appeal #: 2008224827 Dear Petitioner: Based upon information furnished to the Weld County Board of Equalization, we understand that you have withdrawn the petition challenging the valuation of the below account number(s). Please be informed that a withdrawn petition precludes any further challenge to the valuation of the below account number(s) for this assessment period. Therefore, the Board of Equalization took no action on your petition and the assessed value remains as set by the Assessor. Actual Value as Account # Decision Determined by Assessor R7263798 Withdrawn $286,446 Very truly yours, BOARD OF EQUALIZATION az,(tt.e Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Weld County Assessor From: Colleen Kentfield To: CTB-Countv Board of Eaualization Subject: RN: Weld County Protest Date: Monday, July 29, 2019 2:38:35 PM Please see two withdrawals below: Colleen Kentfield Residential/Agricultural Appraiser Weld County Assessor's Office 1400 N 17th Ave. Greeley, CO 80631 970-400-3666 cken tfield (� weldgo v. corn www. weldgov. corn Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. From: Kyler Knudsen <kylerwknudsen@gmail.com> Sent: Monday, July 29, 2019 2:34 PM To: Colleen Kentfield <ckentfield@weldgov.com> Subject: Re: Weld County Protest ICaution: This email originated from outside of Weld County Government. Do not click links or open attachments unless you recognize the sender and know the content is safe. Please withdraw appeals on R726379$ (2220 Waylon) and R7265698 (2214 Nicholas Dr). Thank you. Kyler Knudsen One Way Property Management 970-691-1662 Jcylerwknudsen g@gmail.con1 aG (9-3Ig`I A SO I O3 On Jul 29, 2019, at 2:22 PM, Colleen Kentfield <ckentfieldPweldgov.com> wrote: Hi Kyler, If you would like to withdraw the appeals on R7263793 2220 Waylon Dr and R7265698 2214 Nicholas Dr please reply to this email and I will forward your intent to the board. I will send a stipulation on R7262198 2220 Podtburg Cir this afternoon. Please complete your address/phone information on the form and click sign. Thank you for working with me. Please let me know if you have any questions. Best Regards, Colleen Kentfield Residential/Agricultural Appraiser Weld County Assessor's Office 1400 N 17th Ave. Greeley, CO 80631 970-400-3666 cken tfield (a) weldgov. corn www. weldgov.corn <image001.jpg> 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: Kyler Knudsen <kylerwknudserff@gmail.com> Sent: Monday, July 29, 2019 2:02 PM To: Colleen Kentfield <ckentfield(ahweldgov.com> Subject: Re: Weld County Protest ICaution: 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. Colleen, I'm good with the $293,000 for this one and will withdraw the remainder. I'm scheduled with CBOE tomorrow so please let me know if this works on your end as soon as you're able. Best, KK Kyler Knudsen One Way Property Management 970-691-1662 Xylerwknudsen@gmail.com On Jul 23, 2019, at 10:24 AM, Colleen Kentfield <ckentfieldPweldgov.com> wrote: The lowest I can go on that one is $293,00. Colleen Kentfield Residential/Agricultural Appraiser Weld County Assessor's Office 1400 N 17th Ave. Greeley, CO 80631 970-400-3666 ckentfieldl@weldgov.com www. weldgov. corn <i mage002.j pg> 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: Kyler Knudsen <kylerwknudsenPgmail.com> Sent: Tuesday, July 23, 2019 10:22 AM To: Colleen Kentfield <ckentfielMweldgov.com> Subject: Re: Weld County Protest ICaution: 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. Thank you Colleen, what's your new number for Potdburg? Hard to get around your analysis without photos of deferred maintenance. Kyler Knudsen One Way Property Management 970-691-1662 kylerwknudsen@gmail.com On Jul 23, 2019, at 8:27 AM, Colleen Kentfield <ckentfieldPweldgov.com> wrote: Good Morning Kyler, I have attached the grids for the three accounts you protested, I used the comps you sent with the protest as well. The only one I am able to lower would be the home at 2220 Podtburg, I have one comp coming in at $293,000. Please let me know your thoughts. Best Regards, Colleen Kentfield Residential/Agricultural Appraiser Weld County Assessor's Office 1400 N 17th Ave. Greeley, CO 80631 970-400-3666 ckentfield Pweldgov. corn www.weldgov,corn <image003.jpg> 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. <2220 waylon.pdf><2220 podtburg.pdf><2214 Nicholas.pdf> Brenda Dones, Weld County Assessor Valuation Report of Residential Improved Property For County Board of Equalization WARD LIVING LLC Petitioner vs. Weld County Assessor's Office Respondent Docket Number: Parcel Number: Schedule Number: Appeal Number: Date: Time: 2019-3184 105906301055 R7263798 2008224827 2019-07-30 1:00 PM Board: 1 Prep ared By Colleen Kentfield Assessor's Office Staff Appraiser Assessor's Indicated Value RESIDENTIAL $286,446 TOTAL: $286,446 Page 1 of 6 Subject Photo General Description and Market Summary Subject Site and Improvements The subject property is located at 2220 WAYLON DR in JOHNSTOWN. The legal description of the property is JOH PV L55 PODTBURG VILLAGE PUD. The subject is a Frame Hardboard house constructed in 1998. It has 1212 square feet of finished living area above grade. There are 3.00 bedrooms and 2.00 bathrooms. The Assessor has classified the structure as a Ranch 1 Story home of Average quality construction. Page 2 of 6 Market Approach Summary The subject property has been classified as Residential for assessment purposes. Residential property value shall be determined solely by consideration of the Market Approach to Value {39-1-103(5)(a), CRS}. As required by 39-1-104(10.2), CRS, the market value is determined by utilizing data from the period of one and one-half years immediately prior to June 3 0th, 2018. If sufficient comparable valuation data is not available within the eighteen -month time period, the assessor shall use market data from the five year period immediately prior to June 30th, 2018. When appropriate, all sales are to be time adjusted to the appraisal date of June 3 0th, 2018. Although the appraisal date is June 30, 2018, the physical characteristics are reflective of the property as of January 1, 2019. The comparable sales in this report were selected using county records and the Multiple Listing Services. The Weld County Assessor's Office has verified that the comparable sales are arms -length transactions based on review of the Real Property Transfer Declaration, telephone or personal confirmation interviews and physical inspections to confirm property characteristics at the time of sale. DEFINITION OF MARKET VALUE: The most probable price, as of a specified date, in cash, or in terms equivalent to cash, or in other precisely revealed terms, for which the specified property rights should sell after reasonable exposure in a competitive market under all conditions requisite to a fair sale, with the buyer and seller each acting prudently, knowledgeably, and for self interest, and assuming that neither is under undue duress. {The Appraisal Institute} The market value of the property as of June 30th, 2018 is: Assessor's Indicated Value RESIDENTIAL $286,446 TOTAL: $286,446 Page 3 of 6 Time Adjusted Sales Prices By law, sales prices are time adjusted to the appraisal date of June 30, 2018. An adjustment for time is made if during the sales collection period of January 2017 to June 30, 2018 the sale prices of properties have appreciated or depreciated due to inflation or deflation. We refer to the adjustment as a 'time' adjustment. If market conditions have not changed, no adjustment is required even though considerable time may have elapsed. <C.RSS. 39-1-104...said level of value shall be adjusted to the final day of the data -gathering period.} Sales and resales of the same or similar properties are a good indication of the changes in market conditions over time. In addition, we run simple linear regression where we graph the sales and the month the sale occurred to indicate the trend of the market. This trend is tracked as a monthly rate of change. Since we consider one of the most important aspects of market value to be location, we determine our time trends by location, also known as economic area or neighborhood, and by the use of the property (vacant land, residential, commercial). This neighborhood had 148 sales and indicates a time adjustment of .422% per month. F113110;11 5.00 10.01 TIMEINTV Page 4 of 6 Ri "Amer ® 0.324 20.00 25.00 Comparable 1 Comparable 2 Comparable 3 Page 5 of 6 Podtbur Cir Fox Meadow Lu SLJ:BJEC. 2220 WAYLON DR , JO+HNSTOWN BrIaflf _,. COMPARABLE 2. 2307 ALYSSE CT f JOH NSTO N COMPARABLE 3 2228 NICHOLAS DR „JOHNSTOWN COMPARABLE 1 2304 ALYSSE CT r JO HNSTO N Page 6 o16 WELD COUNTY ASSESSOR'S Sales Comparables Market Adjustment Grid Subject Sale Date 10/29/1998 Sale Price $126,400 TmAdj Sale Price $126,400 Parcel Number 105906301055 Account Number R7263798 Street Address 2220 VVAYLON DR TOTALIMPSF TOTALLANDSF NBHDANDEXT OCCUPANCY Built -As Description Quality Condition Year Built Adjusted Year Built Residential SF Baths Basement Sq Feet Basement Finish Basement Walkout Garage - Attached Garage - Detached Land OutBuilding Bonus Room Ag Land EXCLUDEC0DE1 - Tot SF 1212.000000 5389.000000 0071 - 02 Single Family Reside Ranch 1 Story Average Typical 1998.000000 1998.000000 1212.000000 2.000000 1192.000000 0.000000 0.000000 440.000000 0.000000 58000.000000 0.000000 0.000000 0.000000 0.000000 Final Market Value Final Market Value / SF $286,446.00 $236.34 Comp # 1 06/07/2018 330000.00 330000.00 105906301092 R7267498 2304 ALYSSE CT 1268.000000 5400.000000 0071 - 02 Single Family Residentie Ranch 1 Story Average Typical 1998.000000 1998.000000 1268.000000 3.000000 1252.000000 1252.000000 0.000000 440.000000 0.000000 58000.000000 0.000000 0.000000 0.000000 $0 $0 $0 $0 $0 $0 $0 $0 $0 ($3,920) ($6,000) ($1,320) ($23,788) $0 $0 $0 $0 $0 $0 $0 $0 $ Adjustment Gross % Adjustment Net % Adjustment Adjusted Sales Price Adjusted Sales Price / SF ($35,028.00) 10.6145% -10.6145% $294,972.00 $243.38 Comp # 2 05/18/2017 305000.00 325590.00 105906301088 R7267098 2307 ALYSSE CT 1372.000000 5252.000000 0071 - 02 Single Family ResidentiE Ranch 1 Story Average Typical 1998.000000 1998.000000 1372.000000 3.000000 1367.000000 0.000000 0.000000 400.000000 0.000000 58000.000000 0.000000 0.000000 0.000000 $0 $0 $0 $0 $0 $0 $0 $0 $0 ($11,200) ($6,000) ($3,850) $0 $0 $2,280 $0 $0 $0 $0 $0 $0 $ Adjustment Gross % Adjustment Net % Adjustment Adjusted Sales Price Adjusted Sales Price / SF ($18,770.00) 7.1655% -5.7649% $306,820.00 $253.15 Comp # 3 02/28/2017 265000.00 293116.50 105906301068 R7265098 2228 NICHOLAS DR 1297.000000 5400.000000 0071 - 02 Single Family ResidentiE Ranch 1 Story Average Typical 1998.000000 1998.000000 1297.000000 2.000000 1280.000000 0.000000 0.000000 400.000000 0.000000 58000.000000 0.000000 0.000000 0.000000 $0 $0 $0 $0 $0 $0 $0 $0 $0 ($5,950) $0 ($1,936) $0 $0 $2,280 $0 $0 $0 $0 $0 $0 $ Adjustment Gross % Adjustment Net % Adjustment Adjusted Sales Price Adjusted Sales Price / SF ($5,606.00) 3.4682% -1.9126% $287,510.50 $237.22 Thank you for submitting an appeal to the Weld County Board of Equalization. We will review the information submitted and you will receive a date to appear before the board. Contact Information: Contact Name: Kyler Knudsen Contact Email: kylerwknudsen@gmail.com Contact Phone: 970-691-1662 Appeal Submitted: 09:57 PM July 15, 2019 Appeal submitted for: R7263798 - WARD LIVING LLC 2220 WAYLON DR, JOHNSTOWN Legal: JOH PV L55 PODTBURG VILLAGE PUD Reason: Value Too High - Property is a rental and is in poor condition requiring paint, flooring and damage repair. This property is thought to be in much inferior condition compared to the attached/analyzed comparables. Estimate of Value: $250,000.00 Document(s) Submitted: Account: All Accounts - Consultant Contract 2019 P -Tax DW-2 Sig.pdf Account: All Accounts - 105906301074 - 2214 Nicholas Comps.pdf Account: R7263798 - R7263798_INITIAL PRO IEST.pdf You have selected the following Date Preferences: Thursday, August 1, 2019, from 9:00 a.m. to 12:00 p.m. Thursday, August 1, 2019, from 1:30 p.m. to 3:30 p.m. Monday, July 29, 2019, from 3:00 p.m. to 4:30 p.m. Tuesday, July 30, 2019, from 1:30 p.m. to 4:30 p.m. Thursday, July 25, 2019, from 1:30 p.m. to 4:30 p.m. Thursday, July 25, 2019, from 9:00 a.m. to 12:00 p.m. Friday, July 26, 2019, from 9:00 a.m. to 12:00 p.m. Friday, July 26, 2019, from 1:30 p.m. to 4:30 p.m. The Appeal process can take several weeks for us to complete. You will receive a written decision on your appeal within five (5) working days of your hearing. We thank you for your submittal. Weld County Board of Equalization 2019-3184 A,So l O 3 Thank you for submitting an appeal to the Weld County Assessor's Office. We will review the information submitted and if we have questions we will contact you at one of the following: Contact Information: Contact Name: Kyler Knudsen Contact Email: kylenvicnudsen@gmail.com Contact Phone: 970-691-1662 Appeal Submitted: 10:55 AM May 31, 2019 Appeal submitted for: R7263798 - WARD LIVING LLC 2220 WAYLON DR, JOHNSTOWN Legal: JOH PV L55 PODTBURG TBURO VILLAGE PUD Reason: Value Too High - Property is a rental and is in poor condition requiring paint, flooring and damage repair. This property is thought to be in much inferior condition compared to the attached/analyzed comparables. Estimate of Value: $250,000.00 Documents) Submitted: Account: All Accounts - PROPERTY TAX CONSULTANT CONTRACT 2019 DW-2.pdf Account: All Accounts - 105906301074 - 2214 Nicholas Comps.pdf The Appeal process can take several weeks for us to complete. We will mail a decision on your appeal by June 30th for real property and by July 1Oth for business personal property and/or oil and gas. We thank you for your submittal. Weld County Assessor's Office (97O) 400-3650 CONSULTANT CONTRACT CONSULTANT: FREESTONE REAL ESTATE ADVISORS LLC CLIENT ' ADDRESS: Diane Ward Ltno\n 735 N. Lincoln Ave • I Hi L Loveland, CO 80538 PROPERTY AD ) RESS: Multiple properties — See attached COUNTY: X L RMER! X WELD / • PARCEL NUMBER(S): See attached spreadsheets ("Property") This Consultant Contract (hereinafter the "Contract") is made and entered into by the above -stated Consultant and Client. Consultant and Client are referred to collectively herein as the Parties." This Agreement is made with reference to the following Background: BACKGROUND A, Consultantoffers services to the owners of property who wish to validate and/or contest the value of their Property as determined by the Assessor of the County wherein said Property is situated, R. Client is the owner of the Property described above, C. Client has received (a) Notices) of Valuation for the Property from the Assessor of the above indicated County in the State- of Colorado. D. Client wishes to enter into this Contract to retain the services of Consultant to ascertain the validity of the value .s of the Property as determined by the Assessor, and to pursue a contest of said value(s). should Consultant decide that a contest is appropriate. AGREEMENT AND SCOPE OF WORK 1, Background Statements. The above Background statements are incorporated fully into this Contract by th i s reference. Acceptance. Upon acceptance by Client, as evidenced by the signature below, this Contract shall bind Client to pay the stated fee upon delivery of said services. 3. Work to be Performed by Consultant. Consultant shall review appropriate valuation techniques for and compare that . analysis to Actual Values assigned to the Property for the 2019 Notice - of the subject Property }� Valuation. Based on that analysis, Consultant shall either 1) notify Client that it judges the assigned value to be reasonable' within current market conditions, or 2) file a protest of the assigned valuation with the appropriate County ssessor on behalf of Client. Consultant shall pursue the protest/appeal through the appropriate levels until a reasonable valuation level has been achieved, as determined by Consultant in its sole discretion. "Reasonable valuation level' shall be the judgment of the Consultant based on current market conditions and Consultant's analysis. 4. Power of Attorney. In conjunction with this Contract,. Client shall grant to Consultant a Limited Power of Attorney wherein Client shall authorize Consultant 1)to act on Client's behalf in filing the. appropriate protests/appeals and 2) to agree to a resolution onbehalf of Client to those protests/appeals. 5. Information to Be Provided by Client to Consultants Client shall provide the following information to Consultant before Consultant commences its work for Client: a. Timely Notice(s) of Valuation for the Property; b. Access to the Property as necessary and appropriate to enable Consultant to make a determination of the l� value of the Property., 6. Abatement of Previous Taxes. In addition to the work described in paragraph 3 above, Consultant may, as it determines appropriate after conferring with Client and as permitted by law. pursue the potential for abatement of previoustaxes on the subject Property paid by Client. 7. FEE: a. $0.00 retainer (non-refundable). Concurrent with the signing of this Contract, Client shall pay to Consultanta non-refundable retainer in the amount of $0.00. Consultant shall retain this portion of the fee regardless of the result of its analysis as to the appropriateness of the assessed value of the Property. Client expressly understands that there is no guarantee that Consultant's analysis will result in a determination that a contest of the assessed value of the Property is warranted., nor that any such contest will be successful. b. Contingency. Other than the non-refundable retainer, this agreement is totally contin, ency-bas d. 7 If Consultant's analysis reveals that the assigned valuation from the Assessoris reasonable, then no additional fees will be charged by Consultant or incurred by Client In such event, Client will receive a written report establishing and evidencing Consultant's conclusion. Alternatively, ifConsultant's analysis reveals that the assigned valuation of the Property is not reasonable and Consultant successfully g appeals said valuation resulting in a reduction of the valuation from the original Notice of Valuation, then the fee (described below) shall be based on the tax savings that will accrue due to said reduction. The fee will..be based on the tax savings as measured by the difference between the taxes that would be owed basedon the original valuation and the taxes that would be owed based on the revised valuation. The fee will be based on current assessment rations (29% commercial; 7.96% residential) and the latest mill levy in effect at the time of billing. The fee will he offset by a credit for the retainer. The retainer is considered to be a minimum fee for the services of Consultant. e. Term of Contract. THIS IS A 1 -TAX -YEAR CONTRACT (2019) However, this contract shall remain in force should the abatement approval process by The County extend beyond 2019 into 2020. d. First Year. In the first year, Client shall pay to Consultant a fee equal to forty percent (40%) of the tax savings for that year (2019 taxes, due in 2020 and 2020 taxes, due in 2021) on►sultant shall provide to � Client written evidence of the revised valuation, along with an invoice indicating the amount due to Consultant, payment m.ent instructions, and the date by which such amount shallbe paid. Client shall pay the indicated amount due by the date indicated. Client should anticipate that this portion of the fee will likely be due between August 1 and November 28, 2019. NOTE: If the property is sold in 2019, the fee shall be applied to the pro -rated amount of 2019 taxes accrued. e. Fees for Abatement of Taxes From Previous Years. Abatements are refunds of previously paid taxes. If tax abatement is pursued by Consultant and is successful, then Client shallpay to Consultant a fee equal to 40% of the total refund (inclusive of any interest applied). The fee shall be due and payable upon actual receipt of the tax re .un 8. Billing Example: CURRENT YEAR TAXES Actual Value: Assessed Value (29%) Mill Levy Estimated Taxes Tax Savings, l Year: Tax. Savings, ri" Year: 2 Year Savings Fee at 40% Client Net Savings. 2 Years: ABATEMENT Taxes Abated Tax Savings (2 years): Abatement Fee at 40% Client Net Refund: Notices and Invoices. Original Nolice of Valuation $1,000.000 $ 290.000 x . 08957 $25,975 975 $25.975 - $22.079 _ $3.896 $25,975 - $21079 _ 3,896 = TOTAL of $7,792 $7392 x 40% = $3,116.80 $7.792 - $3,11 &8O = _ $4,675.20 Revised Valuation $850,000 $246,500 x. 08957 $22,079 Prior Year Taxes Post -Abatement Taxes $25,975 522,079 $25,975 - $22,079 S3.896 x 2 _ $7.792 $7,792 x 40% = Si].1 . 0 $7392 i 92 - $3.116,80 $4„675.20 5.2 ►, To Client: Any notice or invoice to client providedfor in this Contract shall he in writing and shall be given and be effective upon (a) delivery to Client or (b) by mailing such notice by first class U.S. mail, addressed to Client at Client's address stated on the first page of this Contract or to such other address as Client may designate by notice to Consultant Client shall notify Consultant within thirty (30) days of any change of address. b. To Consultant: Any notice to Consultant shall be in writing and shall be given and be effective upon (a) delivery to Consultant or (b) by mailing such notice by first class U.S. mail, to Consultant at the address stated in the first paragraph of this Note, or to such other address as Consultant may designate by notice to Client. Consultant shall notify Client within thirty (30) days of any change of address. 1 C. Change in Ownership of the Property. In the event that Client sells, transfers or otherwise fails to maintain ownership of the Property or any portion thereof during the Term of this Contract, Client shall remain personally obligated to pay to Consultant any and all contingent fees which would have become due, and payable to Consultant under the provisions of paragraph 7 above. Client shall provide to Consultant notice of any such sale or transfer of ownership within thirty (30) days after the effective date of such change. Upon receipt of such notice from Client, Consultant shall prepare an invoice indicating the full remaining amount due related to the Property or the affected portion thereof, payment instructions, and the date by which such amount shall be paid 11. Default by Client. If any payment required by this Contract is not paid when due, or if Client fails to abide by any other obligation pursuant to this Contract, the amounts owed by Client to Consultant under the terms of this Contract shall become due immediately, and such indebtedness shall bear interest at the rate of eighteen percent (18%) per annum from the date of default, Consultant shall be entitled to collect all reasonable costs and expenses of collection andlor suit, including, but not limited to, reasonable attorneys' fees, 12. Forbearance by Consultant Not a Waiver, Any forbearance by Consultant in exercising any right or remedy hereunder, or otherwise afforded by law, shall not be a waiver or preclude the exercise of any such right or remedy. 13. Remedies Cumulative. Each remedy provided in this Contract is distinct from and cumulative to all other rights or remedies under this Contract or afforded by law or equity, and may, be exercised concurrently, independently or successively. 14. Captions, The captions and headings of the paragraphs in this Contract are for convenience only and are not to be used to interpret or define the provisions hereof. 15. Governing Law; Severability. This Contract shall be governed by the laws of the State of Colorado. In the event that any provision or clause of this Contract conflicts with the law, such conflict shall not affect other provisions of this Contract which can be given effect without the conflicting provision, and to this end the provisions of the Contract are declared to be severable. 16. Counterparts. This Agreement may be executed in any number of counterparts, including facsimiles, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same Agreement. 17. Modifications. This Agreement and any of the provisions contained herein may not be modified, amended, waived, discharged or terminated other than by means of a written instrument signed by all parties; 18. Entire Agreement. This Contract represents the entire agreement between the Parties as to all matters specified herein, without limitation. No changes to this Contract shall be effective unless agreed to in a written instrument signed by both Parties, This Agreement shall be effective as of the date last signed below by the Parties. CONSULTANT: FREESTONE REAL ESTATE ADVISORS LLC Date: May 17, 2019 By: CLIENT: Company: Ward Companies BY _Dane Ward � Please p -int. name BY Signature 2018 Taxes payable in 2019 Schedule ft 1604596 - 449S Woods Ave 1637563 - 4498 Ward Ave 1604594 - 4329 Woods Ave 1324586 - 6825 E. 45th 1604597 - 6775 E. 45th 1604595 - 4411 Woods Ave 1637562 - 4523 Ward Ave 1637564 - 4436 Ward Ave 1637565 - 4324 Ward Ave 1641849 - 6850 Woods Ave 1667280 - 4335 Ward Ave 1657666 - 4370 Woods Ave 1657567 - 4320 Woods 1667281 unknown 1667282 unknown Ward East, Ltd LL 2017 Parcel 863 5314003 86 35405001 8635314001 8635005002 8635315001 8635314002 8635305001 8635405002 8635405003 Property Value mail levy 71.37 S $ $ S 3635306101 $ 86353-19-001 $ 8635310003 $ 8635310004 $ new 8635319002 new 8635319002 525, 000.00 2,10'0,000.00 391, 200.00 210,000.00 1, 510,000.00 975,000.00 2018 property value mill levy 82r 79 525,000.00 696,000.00 391, 200.00 2100000.00 1,510,0"00,00 975x000.00 S S 179,800x00 $ 1,.230,000.00 $ 419,.600,00 $ 510,000.00 $ 422,300.00 $ 1,000,000. o $ 358,2011.0© $ $ $ new 2019 valuations $ 630,000.00 2,400,000.00 487,170.00 210,000.00 1,650,000.00 1,300,000.00 179,800.00 $ 223,870.00 1,230,00+0.00 $ 1,400,000.00 419,600.00 $ 522,530.00 510,000.00 379,000.00 1,000,000.00 358,200.00 334,200.00 / /q 181,000.00 610,000.00 472, 000.00 1,200,000.00 445, 070.00 1,429,900.00 225,280.00 Ward Living Address: Schedule q Parcel # 11315E 2ND ST 1119 SE 2ND ST 1107 SE 2ND ST 1106 SE 2ND ST 1143 SE 2ND ST 40.57 DOGWOOD CT 410 E 22ND P1 913 1 7TH 624E 11TH 902 HAYES AVE 928 E 8TH 923 E 8TH ST 1110 SE 2ND ST 1130 SE 2ND ST 927 E 8TH 2000 VISTA 726 E 5TH 1142 SE 2ND 407 CLUBHOUSE 405 CLUBHOUSE 415219 415197 415189 415235 415227 348392 759171 389072 384097 392863 392 880 392901 415243 415251 392910 1229443 390194 785849 1585971 1585972 9524107003 9524107002 9524107001 9524108001 9524107004 9502221044 9512224012 9513471002 9513233001 951344 1001 9513441003 9513442D02 9524108002 9524108003 9513442003 9503433015 9513415007 9524112001 9517324031 9517324032 Ward Spaces Address: Schedule Parcel # 1040 N Madison Ave 1072 N Madison Ave 1410 E 11th St 901 Josephine Ct 900 Josephine Ct 1510 E 11th St Park Addition Park Add ition 1551 E 11th St 1110 N Boise Ave 10:52 N Boise Ave 1014 N Madison Ave Unknown 1012 N Madison Ave Unknown 0119024 0119032 0119059 0119067 0119075 0119083 0119091 0019 105 0119156 0119164 0119172 0430145 0430528 0826561 0430510 8518214001 8518214002 8518214003 8518214004 85182/4005 8518214006 8518214007 8518214008 8518215,005 8518216001 8518216002 851.82 05001 8519000010 8518205001 85 19 000009 Ward West Ad dress; Schedule 4 255 E 6TH ST 211 E 7TH 730 N CLEVELAND 735 N LINCOLN AVE 350 E 7TH ST 211 E 7TH ST 220 E 8TH ST 735 N LINCOLN AVE 745 N Lincoln Ave THJ U 380 AUDREY 382 AUDREY 384 AUDREY 386 AUDREY 2114 N Lincoln Ave 4691 FOOTHILLS 4683 FOOTHILLS 0444766 0444596 0444570 0386499 0444731 04446O0 0386529 0386502 0386472 1595173 1595174 1595175 1595176 0759163 1602553 1602552 Parcel # 9513318001 9513310011 95133 100108 9513310002 9513317002 9513310012 9513 310004 9513310003 Total: 9513310001 9522184380 9522184382 9522184384 9522184386 Total: 9512224011 9517440024 9517440023 July 25, 2019 Petitioner WARD LIVING LLC PO BOX 265 LOVELAND, CO 80539-0265 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBSITE www weldgov corn 1150 0 STREET PO BOX758 GREELEY CO 80632 Agent (if applicable) FREESTONE REAL ESTATE ADVISORS LLC PO BOX 271490 FORT COLLINS, CO 80527- 1490 RE THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket 2019-3184, AS0103 Appeal 2008224827 Hearing 7/30/20191 00 PM Account(s) Appealed R7263798 Dear Petitioner(s) The Weld County Board of Equalization has set a date of July 30, 2019, at or about the hour of 1 00 PM, to hold a hearing on your valuation for assessment This hearing will be held at the Weld County Administration Building, Assembly Room, 1150 O Street, Greeley, Colorado You have a right to attend this hearing and present evidence in support of your petition The Weld County Assessor or his designee will be present The Board will make its decision on the basis of the record made at the aforementioned hearing, as well as your petition, so it would be in your interest to have a representative present If you plan to be represented by an agent or an attorney at your hearing, prior to the hearing you shall provide, in writing to the Clerk to the Board's Office, an authorization for the agent or attorney to represent you If you do not choose to attend this hearing, a decision will still be made by the Board by the close of business on August 5, 2019, and mailed to you within five (5) business days Because of the volume of cases before the Board of Equalization, most cases shall be limited to 10 minutes Also due to volume, cases cannot be rescheduled It is imperative that you provide evidence to support your position This may include evidence that similar homes in your area are valued less than yours or you are being assessed on improvements you do not have Please note: The fact that your valuation has increased cannot be your sole basis of appeal. Without documented evidence as indicated above, the Board will have no choice but to deny your appeal If you wish to discuss your value with the Assessor's Office, please call them at (970) 400-3650 If you wish to obtain the data supporting the Assessor's valuation of your property, please submit a written request to assessor@weldgov corn Upon receipt of your written request, the Assessor will notify you of the estimated cost of providing such information Payment must be made prior to the Assessor providing such information, at which time the Assessor will make the data available within three (3) working days, subject to any confidentiality requirements Please advise me if you decide not to keep your appointment as scheduled If you need any additional information, please call me at your convenience Very truly yours, BOARD OF EQUALIZATION Esther E Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc Brenda Dones, Assessor July 25, 2019 Agent FREESTONE REAL ESTATE ADVISORS LLC PO BOX 271490 FORT COLLINS, CO 80527-1490 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBSITE www weldgov corn 1150 0 STREET PO BOX758 GREELEY CO 80632 Petitioner WARD LIVING LLC PO BOX 265 LOVELAND, CO 80539-0265 RE THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket 2019-3184, AS0103 Appeal 2008224827 Hearing 7/30/20191 00 PM Account(s) Appealed R7263798 Dear Petitioner(s) The Weld County Board of Equalization has set a date of July 30, 2019, at or about the hour of 1 00 PM, to hold a hearing on your valuation for assessment This hearing will be held at the Weld County Administration Building, Assembly Room, 1150 O Street, Greeley, Colorado You have a right to attend this hearing and present evidence in support of your petition The Weld County Assessor or his designee will be present The Board will make its decision on the basis of the record made at the aforementioned hearing, as well as your petition, so it would be in your interest to have a representative present If you plan to be represented by an agent or an attorney at your hearing, prior to the hearing you shall provide, in writing to the Clerk to the Board's Office, an authorization for the agent or attorney to represent you If you do not choose to attend this hearing, a decision will still be made by the Board by the close of business on August 5, 2019, and mailed to you within five (5) business days Because of the volume of cases before the Board of Equalization, most cases shall be limited to 10 minutes Also due to volume, cases cannot be rescheduled It is imperative that you provide evidence to support your position This may include evidence that similar homes in your area are valued less than yours or you are being assessed on improvements you do not have Please note: The fact that your valuation has increased cannot be your sole basis of appeal. Without documented evidence as indicated above, the Board will have no choice but to deny your appeal If you wish to discuss your value with the Assessor's Office, please call them at (970) 400-3650 If you wish to obtain the data supporting the Assessor's valuation of your property, please submit a written request to assessor@weldgov corn Upon receipt of your written request, the Assessor will notify you of the estimated cost of providing such information Payment must be made prior to the Assessor providing such information, at which time the Assessor will make the data available within three (3) working days, subject to any confidentiality requirements Please advise me if you decide not to keep your appointment as scheduled If you need any additional information, please call me at your convenience Very truly yours, BOARD OF EQUALIZATION Esther E Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc Brenda Dones, Assessor Hello