HomeMy WebLinkAbout20192710.tiffAugust 6, 2019
Petitioner:
J&J ENTERPRISES PROPERTY MANAGEMENT
LLC
7251 W 20TH ST BLDG L STE 200
GREELEY, CO 80634-4626
CLERK TO THE BOARD
PHONE (970) 400-4226
FAX (970) 336-7233
WEBSITE: www.weldgov.com
1150 O STREET
P.O. BOX 758
GREELEY CO 80632
Agent (if applicable):
RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO
NOTICE OF DECISION
Docket 2019-2710 Appeal 2008224496 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
R8951325 Stipulated - Approved
Stipulated Value
R8951326 Withdrawn
$800,000
$700,000
$700,000
$0
Totals: $1,500,000
2 Total Accounts
$700,000
A denial of a petition, in whole or in part, by the Board of Equalization must be appealed within thirty (30)
days of the date the denial is mailed to you. You must select only one of the following three (3)
options for appeal
1. Appeal to Board of Assessment Appeals: You have the right to appeal the County Board of
Equalization's decision to the Colorado Board of Assessment Appeals. A hearing before that Board
will be the last time you may present testimony or exhibits or other evidence, or call witnesses in
support of your valuation. If the decision of the Board of Assessment Appeals is further appealed to
the Court of Appeals pursuant to C.R.S. §39-8-108(2), only the record of proceedings from your
hearing before the Board of Assessment Appeals and your legal brief are filed with the appellate
court.
All appeals to the Board of Assessment Appeals filed after August 10, 2019, MUST comply with the
following provisions of C.R.S. §39-8-107(5):
(5)(a)(I) On and after August 10, 2019, in addition to any other requirements under law, any petitioner
appealing either a valuation of rent -producing commercial real property to the Board of Assessment Appeals
pursuant to C.R.S. §39-8-108(1) or a denial of an abatement of taxes pursuant to C.R.S. §39-10-114 shall
provide to the County Board of Equalization or to the Board of County Commissioners of the County in the
case of an abatement, and not to the Board of Assessment Appeals, the following information, if applicable:
(A) Actual annual rental income for two full years including the base year for the relevant property tax year;
(B) Tenant reimbursements for two full years including the base year for the relevant property tax year;
(C) Itemized expenses for two full years including the base year for the relevant property tax year; and
(D) Rent roll data, including the name of any tenants, the address, unit, or suite number of the subject
property, lease start and end dates, option terms, base rent, square footage leased, and vacant space for
two full years including the base year for the relevant property tax year.
(II) The petitioner shall provide the information required by subparagraph (I) of this paragraph (a) within
ninety days after the appeal has been filed with the Board of Assessment Appeals.
(b)(I) The Assessor, the County Board of Equalization, or the Board of County Commissioners of the
County, as applicable, shall, upon request made by the petitioner, provide to a petitioner who has filed an
appeal with the Board of Assessment Appeals not more than ninety days after receipt of the petitioner's
request, the following information:
(A) All of the underlying data used by the county in calculating the value of the subject property that is being
appealed, including the capitalization rate for such property; and
(B) The names of any commercially available and copyrighted publications used in calculating the value of
the subject property.
(II) The party providing the information to the petitioner pursuant to subparagraph (I) of this paragraph (b)
shall redact all confidential information contained therein.
(c) If a petitioner fails to provide the information required by subparagraph (I) of paragraph (a) of this
subsection (5) by the deadline specified in subparagraph (II) of said paragraph (a), the County may move
the Board of Assessment Appeals to compel disclosure and to issue appropriate sanctions for
noncompliance with such order. The motion may be made directly by the County Attorney and shall be
accompanied by a certification that the County Assessor or the County Board of Equalization has in good
faith conferred or attempted to confer with such petitioner in an effort to obtain the information without action
by the Board of Assessment Appeals. If an order compelling disclosure is issued under this paragraph (c)
and the petitioner fails to comply with such order, the Board of Assessment Appeals may make such orders
in regard to the noncompliance as are just and reasonable under the circumstances, including an order
dismissing the action or the entry of a judgment by default against the petitioner. Interest due the taxpayer
shall cease to accrue as of the date the order compelling disclosure is issued, and the accrual of interest
shall resume as of the date the contested information has been provided by the taxpayer.
Appeals to the Board of Assessment Appeals must be made on forms furnished by that Board, and must be
mailed or delivered within thirty (30) days of the date the denial by the Board of Equalization is mailed to
you.
The address and telephone number of the Board of Assessment Appeals are:
Board of Assessment Appeals
1313 Sherman Street, Room 315
Denver, Colorado 80203
Telephone Number: (303) 864-7710
Email: baa@state.co.us
Fees for Appeal to the Board of Assessment Appeals: A taxpayer representing himself is not charged for the
first two (2) appeals to the Board of Assessment Appeals. A taxpayer represented by an attorney or agent
must pay a fee of $101.25 per appeal.
OR
2. Appeal to District Court: You have the right to appeal the decision of the Board of Equalization to the
District Court of the county wherein your property is located: in this case that is Weld County District
Court. A hearing before The District Court will be the last time you may present testimony or exhibits
or other evidence, or call witnesses in support of your valuation. If the decision of the District Court is
further appealed to the Court of Appeals pursuant to C.R.S. §39-8-108(1), the rules of Colorado
appellate review and C.R.S. §24-4-106(9), govern the process.
OR
3. Binding Arbitration: You have the right to submit your case to binding arbitration. If you choose this
option, the arbitrator's decision is final and you have no further right to appeal your current
valuation. C.R.S. §39-8-108.5 governs this process. The arbitration process involves the following:
a. Select an Arbitrator: You must notify the Board of Equalization that you will pursue
arbitration. You and the Board of Equalization will select an arbitrator from the official list of
qualified people. If you cannot agree on an arbitrator, the District Court of the county in which
the property is located (i.e. Weld) will select the arbitrator.
b. Arbitration Hearing Procedure: Arbitration hearings are held within sixty (60) days from the
date the arbitrator is selected, and are set by the arbitrator. Both you and the Board of
Equalization are entitled to participate in the hearing. The hearing is informal. The arbitrator
has the authority to issue subpoenas for witnesses, books, records documents and other
evidence pertaining to the value of the property. The arbitrator also has the authority to
administer oaths, and determine all questions of law and fact presented to him. The
arbitration hearing may be confidential and closed to the public if you and the Board of
Equalization agree. The arbitrator's decision must be delivered personally or by registered
mail within ten (10) days of the arbitration hearing.
c. Fees and Expenses: The arbitrator's fees and expenses are agreed upon by you and the
Board of Equalization. In the case of residential real property, the fess may not exceed
$150.00 per case. For cases other than residential real property, the arbitrator's total fees
and expenses are agreed to by you and Board of Equalization, but are paid by the parties as
ordered by the arbitrator.
If you have questions concerning the above information, please call me at (970) 400-4226.
Very truly yours,
BOARD OF EQUALIZATION
Esther E. Gesick
Clerk to the Board
Weld County Board of Commissioners
and Board of Equalization
cc: Brenda Dones, Weld County Assessor
COUNTY BOARD OF EQUALIZATION
WELD COUNTY
Single County Schedule Number R8951325
STIPULATION (As To Tax Year 2019 Actual Value)
RE PETITION OF :
NAME:
ADDRESS:
J&J Enterprises Property Management LLC
7251 W 20TH ST BLDG L STE 200
Greeley, Co 80634-4626
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:
8225 W 20th St
Lot 2A MOUNTAIN VISTA OFFICE PARK MINOR 1ST RPLT L2
2. The subject property is classified as commercial property.
3. The County Assessor originally assigned the following actual value to the
subject property for the tax year 2019 :
Total $800,000
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 $700,000
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 all approaches to value an adjustment was indicated
7. Both parties agree that:
The hearing scheduled before the Board of Equalization on 8/5/19
at 10:30 AM be vacated.
nA hearing has not yet been scheduled before the Board of Equalization.
1
0olq-la
ASo(o3
DATED this 18th day of July , 2019
Larry S. BuoKendorf
Larry S. Buckendo,i (Jul 19, 2019)
Petitioner(s) or Agent or Attorney
Address:
7251 W 20 Street L-200
Greeley CO 80634
Telephone: 9703527072
Docket Number R8951325
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
R8951325 / J&J Enterprises Property
Management LLC
Final Audit Report
2019-07-20
Created: 2019-07-18
By: Wade Melies (wmelies@co.weld.co.us)
Status: Signed
Transaction ID: CBJCHBCAABAAtTRGBFCmpcoQ2m2eiUFZaGOutD2WZyh8
"R8951325 / J&J Enterprises Property Management LLC" Histor
y
f Document created by Wade Melies (wmelies@co.weld.co.us)
2019-07-18 - 8:08:20 PM GMT- IP address: 204.133.39.9
El Document emailed to Wade Melies (wmelies@co.weld.co.us) for approval
2019-07-18 - 8:08:22 PM GMT
C`Jo Document approved by Wade Melies (wmelies@co.weld.co.us)
Approval Date: 2019-07-18 - 8:19:22 PM GMT - Time Source: server- IP address: 204.133.39.9
E-14 Document emailed to Wade Melies (wmelies@weldgov.com) for approval
2019-07-18 - 8:19:23 PM GMT
t Email viewed by Wade Melies (wmelies@weldgov.com)
2019-07-18 - 9:38:28 PM GMT- IP address: 204.133.39.9
L - Document approved by Wade Melies (wmelies@weldgov.com)
Approval Date: 2019-07-18 - 9:41:37 PM GMT - Time Source: server- IP address: 204.133.39.9
Document emailed to Brenda Dones (bdones@co.weld.co.us) for signature
2019-07-18 - 9:41:38 PM GMT
fI Email viewed by Brenda Dones (bdones@co.weld.co.us)
2019-07-18 - 9:48:16 PM GMT- IP address: 204.133.39.9
:15-o Document e -signed by Brenda Dones (bdones@co.weld.co.us)
Signature Date: 2019-07-18 - 10:43:18 PM GMT - Time Source: server- IP address: 204.133.39.9
Document emailed to Larry S. Buckendorf (Zany@journeyhomes.com) for signature
2019-07-18 - 10:43:19 PM GMT
Adobe Sign
fJ Email viewed by Larry S. Buckendorf (larry@joumeyhomes.com)
2019-07-18 - 11:31:06 PM GMT- IP address: 174.198.4.166
tie Document e -signed by Larry S. Buckendorf (larry@joumeyhomes.com)
Signature Date: 2019-07-19 - 1:46:03 PM GMT - Time Source: server- IP address: 70.91.168.53
Document emailed to Karin McDougal (weld-cboe@weldgov.com) for signature
2019-07-19 - 1:46:04 PM GMT
t Email viewed by Karin McDougal (weld-cboe@weldgov.com)
2019-07-19 - 2:17:56 PM GMT- IP address: 204.133.39.9
Cho Document e -signed by Karin McDougal (weld-cboe@weldgov.com)
Signature Date: 2019-07-20 - 0:17:05 AM GMT - Time Source: server- IP address: 204.133.39.9
Signed document emailed to Wade Melies (wmelies@co.weld.co.us), Karin McDougal (weld-
cboe@weldgov.com), Larry S. Buckendorf (larry@journeyhomes.com), Brenda Dones (bdones@co.weld.co.us),
and 2 more
2019-07-20 - 0:17:05 AM GMT
Adobe Sign
Chloe Rempel
From:
Sent:
To:
Subject:
Laira Ziegler <Laira@journeyhomes.com>
Thursday, July 18, 2019 12:58 PM
CTB-County Board of Equalization
CBOE Withdrawals
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.
We would like to withdraw the below appeals:
X -R8951326
R8948841
R8950331
R8940591
Can you please confirm receipt?
Thank you.
1
00l9- a-7lo
7A,So t 03
NOTICE OF DETERMINATION
RECEIVED
Brenda Dones
Weld County Assessor
1400 N 17th Ave
Greeley, CO 80631
JUL 102019
ELD COUNT
Date of Notice: 6/25/2019
Telephone: (970) 400-3650
Fax: (970) 304-6433
Office Hours: 8:00AM - 5:00PM
ACCOUNT
NO.
ti nlivnoolVP4t
TAX YEAR
Tia?
TAX AREA
LEGAL DESCRIPTION/ PHYSICAL
LOCATION
R8951325
2019
0447
Lot 2A MOUNTAIN VISTA OFFICE PARK MINOR
1ST RPLT L2
8225 W 20TH ST GREELEY
PROPERTY OWNER
J&J ENTERPRISES PROPERTY MANAGEMENT LLC
7251 W 20TH ST BLDG L STE 200
GREELEY, CO 80634-4626
PROPERTY CLASSIFICATION
ASSESSOR'S VALUATION
ACTUAL VALUE
REVIEW
PRIOR TO
ACTUAL VALUE AFTER
REVIEW
COMMERCIAL
800,000
800,000
TOTAL
800,000
800,000
The Assessor has carefully studied all available information, giving particular attention to the
specifics included on your protest. The Assessor's determination of value after review is based on
the following:
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 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):
15-DPT-AR
PR 207-08/13
R8951325
2019-2710
ASO(O3
APPEAL PROCEDURES
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 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 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.gov/baa 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 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.)
$ (oR (c 1'
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 c t, appraisal, etc.)
r e �' YAt.
ATTESTATION
I, the undersig ' ed owner or agent' of the property identified above, affirm that the statements contained herein
hmen = - - - - and complete.
Signature
Email Addrez
0-70735Z7o-1Z_
Telephone Number
(W5. prIN
' Attach letter of authorization signed by property owner.
Date
15-DPT-AR
PR 207-08/13
R8951325
NOTICE OF DETERMINATION
RECEIVED
Brenda Dones
Weld County Assessor
1400 N 17th Ave
Greeley, CO 80631
JUL 1 0 2019
WELD COUNTY
Date of Notice: 6/25/2019
Telephone: (970) 400-3650
Fax: (970) 304-6433
Office Hours: 8:00AM — 5:00PM
ACCOUNT NO.
t,.w,v,....
TAX YEAR
, ,V..y.W..w+
TAX AREA
LEGAL DESCRIPTION/ PHYSICAL LOCATION
R8951326
2019
0447
Lot 2B MOUNTAIN VISTA OFFICE PARK MINOR
1ST RPLT L2
8229 W 20TH ST GREELEY
PROPERTY OWNER
J & J ENTERPRISES PROPERTY MNGMNT LLC
7251 W 20 STREET BLDG L No. 200
GREELEY, CO 80634-4625
PROPERTY
CLASSIFICATION
ASSESSOR'S VALUATION
ACTUAL VALUE
REVIEW
PRIOR TO
ACTUAL VALUE AFTER
REVIEW
COMMERCIAL
800,000
700,000
TOTAL
800,000
700,000
The Assessor has carefully studied all available information, giving particular attention to the
specifics included on your protest. The Assessor's determination of value after review is based on
the following:
CM03 - After review of your property, we have made adjustments. This was done because of
additional information obtained, or provided through the appeal process.
If you disagree with the Assessor's decision, you have the right to appeal to the County
Board of Equalization for further consideration, § 39-8-106(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):
15-DPT-AR
PR 207-08/13
R8951326
APPEAL
PROCEDURES
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 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 District Court
1313 Sherman Street, Room 315 Contact the District Court in the County
Denver, CO 80203 where the property is located. See your
(303) 866-5880 local telephone book for the address and
www.dola.colorado.qov/baa telephone number.
Binding Arbitration
For a list of arbitrators, contact the County Commissioners 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.
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 a_rr ount is required for real property pursuant to § 39-8-106(1.5), C.R.S.)
$( uL 15
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.)
ATTESTATION
I, the undersig d owner or agent' of the property identified above, affirm that the statements contained herein
and ony a chmenta heretare trite and complete.
035Z -7v -7Z
Signature Telephone Number
Email Address)
'Attach letter of authorization signed by property owner.
Date
15-DPT-AR
PR 207-08/13
R8951326
Journey Homes
Building your future together.
81/4J Construction
VIA Overnight Mail
Weld County Board of Equalization
PO Box 758
1150 O Street
Greeley, CO 80631
Dear Board:
LARRY S. BUCKENDORF JD
GENERAL COUNSEL
July 9, 2019
RECEIVED
JUL 1 0 2019
WELD COUNTY
COMMISSIONERS
RE: Valuation Appeals
Enclosed please find Assessor decision appeals for the following thirteen (13) parcels:
R8950664
R8940590
48895 1 3 26
R895033I
R3 724405
R8941183
R8940591
R8945212
.R8951325
R8949429
R894884I
R8940667
R3724505
I will be out of the country from July le, 2019 until August 2"d, 2019. Please contact
me to schedule the hearing on August 5'n
However, I can be reached by phone prior to July 18t1i to discuss resolution of the appeals.
Enclosures
Sincerely,
Larry S. 1: uckendorf
7251 W. 20TH ST., BLDG. L, STE 200 • GREELEY, COLORADO 80634
PHONE: (970) 352-7072 • FAX: (970) 330-5357
J&J ENTERPRISES PROPERTY MANAGEMENT, LLC
7251 W 20 Street, L-200
Greeley, Colorado 80634
(970) 352-7072
May 23, 2019
VIA First Class Mail
Weld County Assessor's Office
1400 N 17th Avenue
Greeley, CO 80631
RE: R8951325 & R8951326
Basis for Review:
The net operating income on December 31, 2018 for Parcel R8951325 was $48,934.
Using an 8% CAP rate, the value should be $611,675.
Parcel R8951326 is the same building and should also be valued at $611,675.
Should you have any questions regarding the foregoing, please do not hesitate to contact
me.
Sincerely,
Larry . I uckendorf
Enclosure
DATE December 31, 2018
8225 WEST 20TH STREET T2 _..-
CENTERS
FOR GATROENTEROLOGY
INCOME
BEGINNING JANUARY 1, 2018
Jan -18 Feb -18 Mar -18' Apr -18 May -18I Jun -18, Jul -181 Aug -18, Sep -18'', Oct -18 Nov -18 Dec -18
pTax Rental
ReimbursementtlIn$6,667'
R$6,720 $6,667 $13,333 $0 $6,6671
January 1, 2018
thru December
31, 2018
$6,667 $6,667 $6,667 $6,667 $6,667 $6,667 $80,053
$0
Insurance Reimbursement $0
j
$2,667 $2,6671 $2,6671 $2,667 $2,667 $32,000
Trash Income $0
pp2,667 $2,667 ,-
Triple Net Income $2,667 2 667 5,3 3 i
Application Fees
$0
Oil/Gas Lease Income $0
Laundry Income $0
'Maintenance Reimbursement $0
Voided Sec Dep Checks I $0
Legal Fee Reimb I $0
$5231 $232, $393 $621 1 $408, $172 $3,337
SecIDeR Forfeitedment $512 $47611$0
pF-r
Pet Income $0
12013 CAM Reconcilement I $0
TOTAL INCOME $9,386 $9,333 $19,179 $0 $9,809 $9,856' $9,565 $9,333 $9,726 $9,955 ' $9,7421 $9,506 $115,391
RECAPTURABLE EXPENSES
Management Fees f $0
Real Estate Taxes 1 $1,519' $1,519 $3,038
Personal Prop -$145 $106' Tax -$68 -$318
'Master Association Dues $1,500, $500 $500 $2,500
Building Maint/Repai $0
:Landscape Maintenance $0
Moving/Trimming $0
i Fertilizing $0
Pruning $0
I Weeding $0
Sprinkler $0
Clean-up I$0
Water/Sewer $0
Electricity $0
1Gas $0
' Licenses/Inspections $0
Supplies i i
I $0
$
Insurance $313 $311 $251 $245 $248' $2451 9
Security Monitoring
-
$245 $2451 $245 $2,349
Snow Removal $0
Cleaning $0
Painting
Association Dues $500 $500 $1,000
, Pest Control
Parking Lot Maintenance $0
1
$311 $251 69
TOTAL RECAPTURE EXP $313 j -..$1,519 $p'-
$2,120 $642 $245 $245, $1,745 $500, $678 $8,569
$0
OWNER EXPENSES
Management Fees
Real Estate Taxes
Personal Property Tax
'Insurance
�as
1lectncity
j Water/Sewer
HOA Water Fees
Leasing Fees
Trash Service
Rent Refund
Answering Service
Security Service
Telephone
Fire Alarm Monitoring
Supplies
Cleaning
:Painting
Roof Repairs/ins claim
Licenses/Inspections
Bldg Maint/Repair
Snow Removal
!Pool Maintence
Pest Control
!Landscape Maintenance
Fertilizer
Clean Up
Weeding
Mowing/Trimming
Pruning
Sprinkler
$200
$200
1
Replacements
Advertising
Eviction Fees
Professional Fees
Resident Manager Fees
Security Deposit Refund
Leasing Fees
Dues/Association Manag Fee
;Replacements
Carpet
Lino/VCT
Blinds
Dishwashers
Refrigerators
Air Conditioners
Stoves
12013 CAM Refund
1Tenant Finish
jParking Lot Assessment 1
TOTAL OWNER EXPENSES I, $43,277 $2001 $715
TOTAL EXPENSES $43,590 $1,7191 $715
!NET OPERATING INCOME -$34,204 $7,6141, $18,464
$200 $200 $2001
- _- $2001 $200 $200
$168 $299 $106, $68!
$266 $4711
$42,910
$249 $183 $427' $232! $2611
I
$119'
$7,648
$8531 $926 $656f $8,253 $560 $870 $6621 $407
$1,165 1 $1,1771 $2,776', $8,895 1 $806 $1,116 $2,4071 $907
-$1,1651 $8,632] $7,080' $670 $8,5281, $8,611 $7,548!$8,834
$2001 $200
$258 $36.3
j
$200
January 1,
2018 thru
December 31,
2018
$200 $2,400
$0
$0
$0
$772
$737
$408 $172 $36 $2,589
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$119
$200
- - $583
$29�-$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$43,040
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$7,648
$506 $57,886
$1,183 $66,456
$8,322 $48,935
CERTIFICATE OF OCCUPANCY APPROVAL
CITY OF GREELEY, COLORADO
BUILDING INSPECTION DIVISION
THIS CERTIFICATE SHALL BE POSTED PERMANENTLY AND MAINTAINED IN A CONSPICUOUS
PLACE AND BE READILY ACCESSIBLE ON THE PREMISES FOR WHICH IT IS ISSUED.
BUILDING ADDRESS: 8225 20TH STREET PERMIT NO: 17060262
OCCUPANT OF BUILDING: THE CENTER FOR GASTROENTEROLOGY
OWNER OF BUILDING: DS INVESTMENTS LLC
ADDRESS: 7251 20TH STREET BLDG L-#200
IBC OCCUPANCY: B ZONING USE: C -L USE OF BULDING: MEDICAL
NEW CONFORMING STRUCTURE
NEW CONFORMING USE
This certifies that the building or structure or portion thereof located at the above address has been inspected and found to
substantially • mply with the provisions of the Building and Zoning Codes of the City of Greeley, Colorado.
he occu : cy thereof as indicated is hereby authorized for the area specified.
NOTICE: No ch : e in a use f t building shall be made without the issuance of a new certificate of occupancy for that new use.
BUILDIN AL
reeley
l
ZO/�
DATE
The Nephrology Clinic P.C.
December 31, 2018
8229 WEST 20TH STREET 12 MONTH TRAILING P & L
COMPARE FEBRUARY 2018 FORWARD &
INCOME Feb -18 Mar 18 Apr -18 May -18'i Jun -18 Jul -18 Aug 18 —._ Sep -18 Oct -18I Nov 18 Dec -18
Oil/Gas LeaseIncome-�— -_-- _ -� - -�— - }
Jan -18;
I ----- + -...._$6800-- $ -..----$ --- _ $6,667 $6,667 60,799
'$6,800 $6,667
-_-- - - - - - I - - 4 6 800 $6,800 i 6 800 6 800 - - 0
Property Tax Reimbursement I 0
Insurance Reimbursement 0
- -- - -,CAM Income
Income -- - I -- I - $2,667 - $2,667 $2,667 $2,667' 24,001
--- -' _ - $2,667 $2,667 --$2,668 $2,667 $2,667 0
Application Fees _---.-_- —. __-_ ,—_.__ __-- _- 0
Laundry Income
Maintenance Reimbursement
Voided Sec Dep Checks
Legal Fee Reimb
Utility Reimbursement
Sec Dep Forfeited
Pet Income
2014 CAM Reconcilement
TOTAL INCOME
January 1,
2018 thru
December
31, 2018
RECAPTURABLE
Real Estate Taxes
Personal Property Tax
Master Association Dues
IBuilding Maint/Repai
Landscape Maintenance
Moving/Trimming
Fertilizing
Pruning
Weeding
Sprinkler
Clean-up
I Replacements
1 Water/Sewer
I Electricity
Gas
Licenses/Inspections
Supplies
jExteriorCAM
(Insurance
_ Snow Removal
Cleaning
Painting
Association Dues
Pest Control
Parking Lot Maintenance
Association Mgmt Fee
TOTAL RECAPTURE EXP
$1,689
$112
9,466, 9,466 9,579 9,4671
I
$1,689
$5001I $5001
--------0
0
0
112
0
0
0
9,466'9,466----� 9,3333', 9,333 9,3331 84,912
I
i
$2511 $2as ._. $248'... _.. $2451 --- $2451
1,689' 0,
3,378
0
1,500
0
0
0
0
0
0
0
0
0
0
0
$24s' 1,725
0
0
0
$1,500 $500 2,000
0
0
251 2,434 7481- 245 245; 1,7451 500, 7451 8,603
OWNER EXPENSES
Management Fees
Real Estate Taxes
!Personal Property Tax
:Insurance
Gas
----- - -----
I Electricity
Water/Sewer
HOA Water Fees
1Leasmg Fees
Trash Service
Rent Refund
Answering Service
Security Service
(Telephone •
Fire Alarm Monitoring
(Supplies
-I Cleaning _. .
Painting_._.._.. _----------- ----
_ Roof Repairs/ins claim
Licenses/Inspections
Bldg Maint/Pepair
Snow Removal
Pool Maintence
Pest Control
Landscape Maintenance
Fertilizer
Clean Up
Weeding..
Mowing/Trimming
Pruning
Sprinkler
Replacements
-Advertising.
_ Eviction Fees
Professional Fees
Resident Manager Fees
Security Deposit Refund
Leasing Fees
Dues/Association Manag Fee
,Replacements
• Carpet
Lino/VCT
Blinds
Dishwashers
Refrigerators
Air Conditioners
Stoves
2013 CAM F.efund
Tenant Finish
Parking Lot Assessment
1TOTAL OWNER EXPENSES
TOTAL EXPENSES
NET OPERATING INCOME
1
__---- ----_ L. _-_ - - .., $200 $200 $200 $200 $2001 $200 I
i
$7,648
0 0 64,530 859 3861, 7,848 200
1,689 1. 0 I 64,5301 1,110 � 2,820 I 8,59611 445
-1,6891 0 55,064 8,356 6,758; 872!! 9,021!
L
$2001 ,_$200 $200
January 1,
2018 thru
December
1,800
0
7,648
1
238', 92 102 137 74,392
4831 1,837 602: 882 82,995
8,983 7,496 8,7311 8,451 1,917
UNANIMOUS CONSENT TO ACTION OF THE
MEMBERS AND MANAGER OF J&J ENTERPRISES PROPERTY
MANAGEMENT, LLC A COLORADO LIMITED LIABILITY COMPANY
Pursuant to the provisions of the Colorado Limited Liability Company Act, the following action is taken
by the Members and Manager of J&J Enterprises Property Management, LLC.
WHEREAS, it is the desire of the Members and Manager of the Company to authorize and define the
actual signatory authority of the following individuals for and on behalf of and in the name of the Company to
execute and deliver various document, therefore;
BE IT RESOLVED, JLD Holdings, LLC and/or Jeff Demaske and/or LB Holdings, LLC and/or Larry
S. Buckendorf and/ or Darrell McAllister is authorized for and on behalf of and in the name of the Company to
execute and deliver any and all documents deemed necessary, required and associated with a sale and purchase
of real estate, financing documentation and closing documents including, but not limited to, any of the following
instruments; contracts of purchase or sale, warranty deeds, deeds, deeds of trust. mortgages, promissory notes,
assumption documents, transfer of escrow funds and insurance policies, closing and settlement statements and
all other documents relative thereto.
BE IT FURTHER RESOLVED, that any and all acts authorized pursuant to this Resolution are hereby
ratified and approved and that this Resolution shall remain at full force and effect and a title company or lender
may rely on such Resolution until tivritten notice of its revocation shall have been delivered to and received by
an'' such entity. Any such notice shall not affect: any of the Company's agreements or commitments in affect at
the time notice is given or in affect at the time this Resolution was ratified and approved.
IN WITNESS WHEREOF. the undersigned, constituting the Members and Manager of the Company
have executed this Unanimous Consent to Action of the Members and Manager on the date set forth atter its
respective name.
JED Holdings_ EEC a Colorado limited liability company
J
///i4/I-z,--
Jeff Dernaske, Member/Manager Date
Its: Member/Manager
LB Holdings. LLC a Colorado limited liability company
itir>/)
Larry S ucker s , '!embers /tanager Date
Its: Member
CLA i11owhrook,WBShareVIERNI\Corporate Documents`, Unanimous Consent 11?015.doc
Hello