HomeMy WebLinkAbout20172478.tiffRyan#)
September 7, 2017
Certified Receipt
7016 0910 0001 0623 4567
Colorado Board of Assessment Appeals
Attn: Appeals
1313 Sherman Street, Room 315
Denver, CO 80203
RECEIVED
SEP112017
WELD COUNTY
COMMISSIONERS
7979 E Tufts Avenue
Suite 1500
Denver, Colorado 80237
Main 720.524.0022
Fax 720.524.0651
www.ryan.com
Re: 2017 Petitions to the State Board of Assessment Appeals
Enclosed are 2017 Petitions for the taxpayers and schedule numbers listed below. We
have not enclosed payment, please email the confirmation code to us so that we can pay
via credit card. The email address is: audria.eisenach@rvan.com
Tax Payer
Parcel
Realty Income Corporation
R4762986
REALTY INCOME CORPORATION
R7053098
Circle K Stores Inc
R5610086
FURNITURE ROW COLO LLC
R3920305
Hexcel Corporation
R6775983
Loves Hospitality LLC
R8943247
VALUE PLACE DENVER CO N FIRESTONE L
R4697107
If you have any questions, or need additional information, please contact Mr. Matt Poling
at (720) 524-0022.
Sincerely,
✓ Lt
Audria Eisenach
Senior Analyst
Attachments
cc: Weld County BOE
File
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PETITION TO STATE BOARD OF ASSESSMENT APPEALS
1313 Sherman Street, Room 315 Phone: (303) 864-7710
Denver, Colorado 80203 Fax: (303) 864-7719
Date: 8/24/17
Property Owner: Circle K Stores Inc
Subject Property: 109631-25 FRONTAGE RD, Longmont
Street Address City
Schedule Number(s): 85610086
Attach separate sheet if necessary
For Office Use Only
Fee:
Docket No.
y
N
Check/Credit Card #
P F
H
Appeals the decision of the ❑Board of Commissioners Dated: 8/10/17
County OState Property Tax Administrator
This appeal concerns:D Valuation El Refund/Abatement O Exemption 0 State Assessed Tax Year: 2017
The subject property is currently classified as:
❑Agricultural OCommercial 0 Mixed -Use ❑Oil & Gas 0 Non -Exempt (or Partially Non -Exempt)
❑ Vacant Land 0 Residential ❑ State Assessed 0 Personal Property ❑Other:
Weld ElBoard of Equalization
The subject property should be classified as (if different than the current classification):
to property:2,298,6501,535,000
Actual value assigned
subject Petitioner's estimate of value:
Estimated time for Petitioner to present the appeal: minutes or 4 hours.
Not less than 30 minutes. Board wilt allow equal time to County or Property Tax Administrator.
Appearance:
❑Petitioner will be present at the hearing 0 Petitioner will appear by telephone
['Petitioner will be represented by an agent Petitioner is responsible for calling the Board at 303-864-7710
❑ Petitioner will be represented by an attorney on the scheduled date and time of the hearing (Mountain Time Zone)
❑ Petitioner would like to appear by video conference
Petitioner must contact the Board at 303-864-7710 at least 21 days in advance
of the scheduled hearing to confirm availability of video conference equipment
If the property owner is an entity, it must appear under the representation of an attorney licensed in Colorado except as follows: A closely held entity
may be represented by an officer of the entity as long as the amount in controversy does not exceed $15,000, exclusive of costs, interest or statutory
penalties_ A closely held entity can have no more than three owners. See Section 13-1-127, C.R.S. A closely held entity that will be represented by
an officer of the entity must provide a letter to the Board with this petition stating that it has no more than three owners and that the tax
amount at issue does not exceed $15,000. A trust filing a petition may be represented by a trustee, an attorney or an agent
Filing Fee:
['None Petitioner is appearing pro se (self -represented) and has not filed more than two petitions with the Board
of Assessment Appeals during this fiscal year (July 1 — June 30).
❑ $33.75 Petitioner is appearing pro se (self -represented) and has filed more than two petitions with the Board of
Assessment Appeals during this fiscal year (July 1 — June 30).
El$101.25 Petitioner will be represented by an agent or by an attorney.
In the space below, please explain why you disagree with the value assigned to the subject property:
The property is valued in excess of fair market value based on the three approaches to value.
In addition, the property is valued in excess of other similarly situated properties.
Required attachments to this form:
DAssessor's or Property Tax Administrator's Notice of Valuation or Notice of Denial
D Decision of County Board of Equalization, County Board of Commissioners or Property Tax Administrator
Attachments required under certain circumstances:
DA notarized Letter of Authorization if an agent will be representing Petitioner
DA list of names, last known addresses and telephone numbers of co -owners or parties directly interested in the subject
property if applicable.
Certificate of Service
I hereby certify that a true and correct copy of the foregoing Petition to the State Board of Assessment Appeals and
attachments were mailed, faxed or hand delivered to:
Weld
County
OBoard of Equalization
❑ Board of Commissioners
❑ State Property Tax Administrator
at the following address: 1150 O Street, PO Box 758, Greeley, CO 80632
on 9/8/17
Date
I hereby certify that a true and correct copy of the foregoing Petition to the State Board of Assessment Appeals and
attachments were mailed, faxed or hand delivered to all co -owners or parties directly interested in the subject property
on 9/8/17
Date
I hereby certify that four (4) true and correct copies of the foregoing Petition to the State Board of Assessment Appeals
and attachments were mailed or hand delivered to the Board of Assessment Appeals at 1313 Sherman Street, Room 315,
Denver, CO 80203
on 9/8117
Date
(One copy may be faxed to the Board but the original and two additional copies must be mailed or hand delivered.)
PETITIONER'S MAILING ADDRESS IS REQUIRED EVEN IF PETITIONER IS REPRESENTED BY AN AGENT OR ATTORNEY
AM Q)M -- R
Signature of Agent IN or Attorney❑
Michelle Tarbell do Ryan LLC
Printed Name
7979 E. Tufts Avenue, Suite 1500
Mailing Address
Denver, CO 80237
City, State. Zip Code
Telephone: 303.222.1861
E -Mail: michelle.tarbell@ryan.com
Signature of Petitioner
Greenwood Property LLC
Printed Name
P.O. Box 52085, DC59
Mailing Address
Phoenix, AZ 85072
City, State, Zip Code
Telephone:
Daytime number
E -Mail:
It is the Petitioner's responsibility to notify the BAA of any
change of address.
Petitioners are strongly encouraged to read the Instructions and Rules of the Board of Assessment Appeals prior to
completing this Petition Form. The Instructions and Rules are available on the internet at www.dola.Colorado.00v/baa or
may be requested by phone at 303-864-7710.
-
August 10, 2017
Agent (if applicable): Petitioner:
RYAN
7979 E TUFTS AVE SUITE 1500
DENVER, CO 80237-2843
CLERK TO THE BOARD
PHONE (970) 400-4226
FAX (970) 336-7233
WEBSITE: www.co.weld.co.us
1150 O STREET
P.O. BOX 758
GREELEY CO 80632
CIRCLE K STORES INC
C/O PROPERTY TAX DC17
PO BOX 52085
PHOENIX, AZ 85072-2085
RE: THE BOARD OF EQUALIZATION 2017, WELD COUNTY, COLORADO
NOTICE OF DECISION
Docket #: 2017-2478 Appeal #: 2008217009 Hearing Date: 8/3/2017 3:00 PM
Dear Petitioner:
A't T S �
i
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. Section 39-8-101 et seq., considered
petition for appeal of the Weld County Assessor's valuation of your property described above, for the year
2017.
Account # Decision
The Assessment and valuation is set as follows:
Actual Value as Actual Value as Set by
Determined by Assessor Board
R5610086 Deny - Administrative
Deny
$2,298,650 $2,298,650
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. Section 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, 2016, MUST comply with the
following provisions of C.R.S. Section 39-8-107(5):
(5)(a)(I) On and after August 10, 2011, 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 section 39-8-108(1) or a denial of an abatement of taxes pursuant to section 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. Section 39-8-108(1), the rules of Colorado appellate
review and C.R.S. Section 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. Section 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,
Esther E. Gesick, Clerk to the Board
Weld County Board of County Commissioners
and Board of Equalization
Cc: Christopher Woodruff, Weld County Assessor
L t L t` o(. 1 ti ( 3 f
NOTICE OF DETERMINATION
Christopher M. Woodruff
Weld County Assessor
1400 N 17th Ave
Greeley, CO 80631
Date of Notice: 6/30/2017
Telephone: (970) 353-3845
Fax: (970) 304-6433
Office Hours: 8:00AM - 5:00PM
ACCOUNT NO.
TAX YEAR
TAX AREA
LEGAL DESCRIPTION/ PHYSICAL LOCATION
R5610086
2017
2341
SC -1 L1 STAR CENTER MINOR SUB EXC PARCE
L DEEDED TO HWY DEPT
10963 W INTERSTATE 25 FRONTAGE RD
WELD , CO
PROPERTY OWNER
CIRCLE K STORES INC .
C/O PROPERTY TAX DC17
PO BOX 52085
PHOENIX, AZ 85072-2085
PROPERTY CLASSIFICATION
ASSESSOR'S VALUATION
ACTUAL VALUE PRIOR TO
REVIEW
ACTUAL VALUE AFTER
REVIEW
COMMERCIAL
2,298,650
2,298,650
TOTAL
$2,298,650
$2,298,650
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 2015 to June 2016 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):
RYAN
7979 E TUFTS AVE SUITE 1500
DENVER, CO 80237-2843
16-DPT-AR
PR 207-08/13
R5610086
APPEAL PROCEDURES.
County Board of Equalization Hearings will be held from
July 24th through August 4th 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: http://www.co.weld.co.us/apps/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
ww^w.dola.colorado.uov/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, 2016? (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.)
$ 1,535,000
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.)
The subject property is valued in excess of fair market value based on the three approaches to
value; cost, market and income. In addition, the property is valued in excess of other
similarly situated proeprties.
ATTESTATION
I, the undersigned owner or agent' of the property identified above, affirm that the statements contained herein
and on any attachments hereto are true and complete.
Signature M chelle Tar e�
michelle.tarbell@ryan.com
Email Address
303-222-1861 7/14/2017
Telephone Number Date
'Attach letter of authorization signed by property owner.
16 -DPI -AR
PR 207-08/13
R5610086
LE t I ER OF AUTHORIZATION
FOR PROPERTY TAX REPRESENTATION
Circle K Stores Inc
Property Owner
See Attached List
Subject Property ,.
See Attached List
Jurisdiction and State
2017/2018
Year
This letter authorizes Ryan, LLC and its affiliate, Ryan Tax Compliance Services, LLC to
represent the above -named property as its property tax agent in the jurisdiction and state
named above. This authorization includes, but is not limited to: filing property renditions or
returns; signing and filing appeals; examining property tax records; and, appearances before the
assessor, boards of equalization or review, or other governmental agencies responsible for the
assessment of property.
If there are any questions concerning this authorization please contact the following:
fan James, 720.524.0022, ian.james agryan.com
A copy of any application or appeal attached to this authorization has been provided to the
undersigned property owner. A facsimile or scanned image of a signature below shall constitute
an original signing of this authorization and the document containing the original signature will
be submitted upon request.
This authorization shall remain effective as long as permitted by law or until revoked in writing
by the owner. The person signing below certifies that they are a duly appointed officer,
representative or agent of the owner and that they have the legal capacity to execute this
authorization.
Property Owner.
v
s)fz� k,fk,e/
A---
Trtle
Sworn and subscribed before me this -31°--day of Oki 2017.
Date
J BROOKE O'BRIEN
Notary Public, State of Arizona
Miaricopa County
My Commission Expires
January 2i, 20.21
Site: Multiple
Cr r
Name
Nootary'Public
My Semmission expires:
Site Name
Parcel Address
4ssessee
Assessor ST
2211066
01233 S SHERIDAN
BLVD
-Circle K Stow Inc
300203568
-CO-
Je.Tnsoc
2703290
T411 W FLORIDA AVE
Circle K Stores Inc
0522300032000
Denver
CO
2749837
.5885 CONSTITUTION
AVE
Circle K Stores Inc
5331301003
El Paso
CO
2709838
6560 S ACADEMY
BLVD
Circle K Stores Inc
146506410078
El Paso
CO
'2709839
12051 HURON ST
Circle K Stores Inc
0157333005015
Alarm
CO
2709840
7055 COMMERCE
Circle K Stores Inc
6307003007
EI Paso
CO
CEN1ERDR
2709841
1190 W BAPTIST RD
Circle K Stores Inc
7125301003
El Paso
CO
2709842
15425 Andrews Dr
Circle K Stores Inc
00203-03-001-
Denver
CO
2709843
7490 AUSTIN BLUFFS
PKWY
Circle K Stores Inc
6311110001
El Paso
CO
2709844
4020 E 104TH AVE
Circle K Stores Inc
0172118002001
Adams
CO
2709845
10553 E Briarwood Ave
Circle K Stores Inc
2075-26-2-04-002
Arapahoe
CO
2709846
109631-25 FRONTAGE
RD
Circle K Stores Inc
B1310100033
Weld
CO
2709847
!120 S ROCKRIMMON
BLVD
Circle K Stores Inc
6318305001
El Paso
CO
2709848
1204E PIKES PEAK
Circle K Stores Inc
64171260I9
El Paso
CO
2709850
12801 Washington St
Circle K Stores Inc
157327001013
Adams
CO
2709851
1480 Canyon Blvd
Circle K Stores Inc
146330354001
Boulder
CO
2709852
15291 E Hampden Ave
Circle K Stores Inc
1975-31-4-31-001
Arapahoe
CO
2709853
15593 B Iliff Ave
Circle K Stores Inc
1975-29-2-24-001
Arapahoe
Denver
!CO
-CO
2709854
1600 S COLORADO
BLVD
Circle K Stores Inc
0619304019000
2709855
16070E 6th Ave
Circle K Stores Inc
1975-08-2-29-001
Arapahoe
Boulder
CO '
CO
2709858
201 South Boulder Rd
Circle K Stores Inc
157503466009
2709859
7,65 E 120TH AVE
Circle K Stores Inc
0157335404004
Adams
CO
2709860
'23 Wolfensberger RD
Circle K Stores Inc
2505-023-14-017
Douglas
Boulder
CO
CO
2709861
2877 Baseline Rd
Circle K Stores Inc
146332300019
2709862
290 W 104TH AVE
Circle K Stores Inc
0171915201005
Adams
CO
2709864
280 S Potomac St
Circle K Stores Inc
1975-07-3-18-001
Arapahoe
Boulder
CO
CO
2709865
3040 Broadway
Circle K Stores Inc
146319300044
2709866
3185 28th St
Circle K Stores Inc
146320306001
Boulder
CO
2709867
`3595 S YOSEMITE ST
Circle K Stores Inc
0704100056000
Denver
CO
2709868
3600 W 38th Ave
Circle K Stores Inc
02301-01-028-
Denver
CO
2709869
3694 W Bowles Ave
Circle K Stores Inc
2077-19-1-01-003
Arapahoe
El Paso
CO
CO
CO
2709870
03805 KIPLING ST
Circle K Stores Inc
3004058)1 .rIefferson
6402217002
2709871
3805 MA.IZELAND RD
Circle K Stores Inc
2709872
4200 S Parker Rd
Circle K Stores Inc
2073-06-3-64-008
Arapahoe
CO
CO
.2709573
425 Hwy 287
Circle K Stores Inc
157534110001 .Broomfield
2709874
435 W Garden of the Gods
Rd
Circle K Stores Inc
6330207012
El Paso
CO
2709876
5095 S Federal Blvd
Circle K Stores Inc
2077-08-3-10-007
Arapahoe
CO
2709877
06798 W OTTAWA AVE
Circle K Stores Inc
300075605
Jefferson
CO
2709878
7425 E Arapahoe Rd
Circle K Stores Inc
2075-2I-3-01-008 RArapahoe
CO
2709879
'7550
S University Blvd
Circle K Stores Inc
2077-36-2-00-018 :Arapahoe
El Paso
CO
CO
2709581
7505 N Academy Blvd
Circle K Stores Inc
6305405048
2709552
_07805
W 92ND AVE
K Stores Inc
300407471
Jefferson 'CO
2709883
,Circle
8815 FEDERAL BLVD
Circle K Stores Inc
0171920326005 ,Adams
CO
/2709884
09207 W JEWELL AVE ..Circle
K Stores Inc
300110439 Jefferson
CO _
My Report - Assessee, Copyright (c) 1992-2017, Ryan, LLC - All Rights Reserved.
2709885
04885 KL1F'LLNIG ST
Circle K Stores Inc
.300l10018
Lieff-son
CO
2709886
9275 S BROADWAY
Circle K Stores INC
X229-102-09-016
"Douclas
CO
2709887
2890 S CIRCLE DR
Circle K Stores Inc
M29408013
EI Paso
CO
NCO
2709888
15065 W COLFAX AVE
Circle K Stores Inc
300109557
Jefferson
2709889
10363 FEDERAL BLVD
Circle K Stores Inc
0171917215008
Adams
CO
2709890
600 S Buckley Rd
Circle K Stores Inc
1975-16-2-10-001
Arapahoe
CO
2709891
1124 Francis St
Circle K Stores Inc
1205334I6003
Boulder
CO
2709899
2290 S Havana St
Circle K Stores Inc
1973-26-2-26-001
Arapahoe
CO
My Report - Assessee, Copyright (c) I992 -20I'1, Ryan, LLC - MI Rights Reserved.
August 9, 2017
Petitioner:
CIRCLE K STORES INC
C/O PROPERTY TAX DC17
PO BOX 52085
PHOENIX, AZ 85072-2085
CLERK TO THE BOARD
PHONE (970) 400-4226
FAX (970) 336-7233
WEBSITE: www.co.weld.co.us
1150 O STREET
P.O. BOX 758
GREELEY CO 80632
Agent (if applicable):
RYAN
7979 E TUFTS AVE SUITE 1500
DENVER, CO 80237-2843
RE: THE BOARD OF EQUALIZATION 2017, WELD COUNTY, COLORADO
NOTICE OF DECISION
Docket #: 2017-2478 Appeal #: 2008217009 Hearing Date: 8/3/2017 3:00 PM
Dear Petitioner:
On the day indicated above, the Board of County Commissioners of Weld County Colorado
convened and acting as the Board of Equalization, pursuant to C.R.S. Section 39-8-101 et seq., considered
petition for appeal of the Weld County Assessor's valuation of your property described above, for the year
2017.
Account # Decision
The Assessment and valuation is set as follows:
Actual Value as Actual Value as Set by
Determined by Assessor Board
R5610086 Deny - Administrative $2,298,650 $2,298,650
Deny
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. Section 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, 2016, MUST comply with the
following provisions of C.R.S. Section 39-8-107(5):
(5)(a)(I) On and after August 10, 2011, 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 section 39-8-108(1) or a denial of an abatement of taxes pursuant to section 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 suppoftof your valuation. If the decision of the District Court is further
appealed to the Court of Appeals pursuant to C.R.S. Section 39-8-108(1), the rules of Colorado appellate
review and C.R.S. Section 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. Section 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,
e,tt;Le
Esther E. Gesick, Clerk to the Board
Weld County Board of County Commissioners
and Board of Equalization
Cc: Christopher Woodruff, Weld County Assessor
From: Wade Melie5
To: Fsther Gesick: Chloe Renmel
Subject: CBOE Appeals scheduling
Date: Friday, July 21, 2017 1:54:19 PM
Attachments: imaae001.onq
Here are 8 Admin Deny's for Ryan.
Wade
From: Poling, Matthew [mailto:matt.poling@ryan.com]
Sent: Friday, July 21, 2017 1:53 PM
To: Wade Melies <wmelies@weldgov.com>
Subject: RE: CBOE Appeals scheduling
Wade,
Per our discussion, we'd like to request administrative denials for the parcels listed below as well as parcel R8073200.
If you have any questions, please let me know.
Thanks Wade,
Matt
Matthew Poling, CPA*
Principal, Property Tax Commercial
Property Tax - Parent
Ryan
303.222.1845 Direct
720.524.0022 Ext. 21-2259
303.246.6647 Mobile
*Ryan is not a CPA Firm
From: Wade Melies [mailto:wmelies )weldgov.com]
Sent: Thursday, July 20, 2017 2:48 PM
To: Poling, Matthew
Subject: CBOE Appeals scheduling
Matt
Should I tell the scheduling people to schedule hearings for the below properties?
Taxpayer
Realty Income Corporation
REALTY INCOME CORPORA I i
Circle K Stores Inc
rFURNITURE.ROW COLO LI
Hexcel Corporation
Loves Hospitality LLC
VALUE PLACE DENVER CO N FIRESTONE L
Thanks
Wade
Wade J. Melies
Commercial Appraiser
Weld County Assessor's Office
970-400-3672
Parcel
120723000018
R6775983
R8943247
84697107
016 /7- 024-7
wmelieseweldgov.com
wmeliesaco.weld.co.us
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.
(:_;rc1-' ((- -7 o t V`1
NOTICE OF DETERMINATION
RECEIVEL
Christopher M. Woodruff
Weld County Assessor
1400 N 17th Ave
Greeley, CO 80631
JUL 1 8 201/
WELD COUNT''
COMMISSIONER,:
Date of Notice: 6/30/2017
Telephone: (970) 353-3845
Fax: (970) 304-6433
Office Hours: 8:00AM - 5:00PM
ACCOUNT NO.
TAX YEAR
TAX AREA
LEGAL DESCRIPTION! PHYSICAL LOCATION
R5610086
2017
2341
sc-i L1 STAR CENTER MINOR SUB EXC PARCE
L DEEDED TO HWY DEPT
10963 W INTERSTATE 25 FRONTAGE RD
WELD , CO
PROPERTY OWNER
CIRCLE K STORES INC
C/O PROPERTY TAX DC17
PO BOX 52085
PHOENIX, AZ 85072-2085
PROPERTY CLASSIFICATION
ASSESSOR'S VALUATION
ACTUAL VALUE PRIOR TO
REVIEW
ACTUAL VALUE AFTER
REVIEW
COMMERCIAL
2,298,650
2,298,650
TOTAL
$2,298,650
$2,298,650
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 2015 to June 2016 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):
RYAN
7979 E TUFTS AVE SUITE 1500
DENVER, CO 80237-2843
16-DPT-AR
PR 207-08/13
R5610086
2017-2478
APPEAL PROCEDURES
County Board of Equalization Hearings will be held from
July 24th through August 4th 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: http://www.co.weld.co.us/apps/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.govibaa 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, 2016? (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.)
$ 1,535,000
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.)
The subject property is valued in excess of fair market value based on the three approaches to
value; cost, market and income. In addition, the property is valued in excess of other
similarly situated proeprties.
ATTESTATION
I, the undersigned owner or agent' of the property identified above, affirm that the statements contained herein
and on any attachments hereto are true and complete.
303-222-1861 7/14/2017
Signature is el e Tar ell Telephone Number Date
michelle.tarbell@ryan.com
Email Address
'Attach letter of authorization signed by property owner.
16 -DPI -AR
PR 207-08/13
R5610086
LETTER OF AUTHORIZATION
FOR PROPERTY TAX REPRESENTATION
Circle K Stores Inc
Property Owner
See Attached List
Subject Property ,.
See Attached List
Jurisdiction and State
2017/2018
Year
This letter authorizes Ryan, LLC and its affiliate, Ryan Tax Compliance Services, LLC to
represent the above -named property as its property tax agent in the jurisdiction and state
named above. This authorization includes, but is not limited to: filing property renditions or
returns; signing and filing appeals; examining property tax records; and, appearances before the
assessor, boards of equalization or review, or other governmental agencies responsible for the
assessment of property.
If there are any questions concerning this authorization please contact the following:
fan James, 720.524.0022, ian.james@ryan.com
A copy of any application or appeal attached to this authorization has been provided to the
undersigned property owner. A facsimile or scanned image of a signature below shall constitute
an original signing of this authorization and the document containing the original signature will
be submitted upon request.
This authorization shall remain effective as long as permitted by law or until revoked in writing
by the owner. The person signing below certifies that they are a duly appointed officer,
representative or agent of the owner and that they have the legal capacity to execute this
authorization.
Property Owner.
Ak-
Si nature
Title
Prin - Name
Sworn and subscribed before me this day of 2017.
J BROOKE O'BRIEN
Date
Notary Public, State of Arizona
Maricopa County
My Commission Expires
January 21, 20.21
Site: Multiple
No
My
ublic
mmission expires:
SteName
Parcel Address
Assesssee
P3a-rel
ST
2211066
01233 S SHERIDAN
BLVD
Circle K Stotts Inc
300203568
Jefferson
O
2703290
411 W FLORIDA AVE
Circle K Stores Inc
0522300032000
Denver
CO
2709837
5885 CONSTITUTION
AVE
Circle K Stores Inc
5331301003
El Paso
CO
2709838
6560 S ACADEMY
BLVD
Circle K Stores Inc
146506410078
El Paso
CO
2709839
12051 HURON ST
Circle K Stores Inc
0157333005018
—Adams
CO
2709840
7055 COMMERCE
CENTER DR
Circle K Stores Inc
6307003007
EI Paso
CO
2709841
1190 W BAPTIST RD
Circle K Stores Inc
7125301003
El Paso
CO
2709842
15425 Andrews Dr
Circle K Stores Inc
00203-03-001-
Denver
CO
2709843
7490 AUSTIN BLUFFS
PKWY
Circle K Stores Inc
6311110001
El Paso
CO
2709844
4020 E 104TH AVE
Circle K Stores Inc
01721 18002001
Adams
CO
2709845
10553 E Briarwood Ave
Circle K Stares Inc
2075-26-2-04-002j
Arapahoe
CO
2709846
10963 1-25 FRONTAGE
RD
Circle K Stores Inc
131310100033
Weld
CO
2709847
120 S ROCIR IMMON
BLVD
Circle K Stores Inc
6318305001
El Paso
CO
2709848
1204 E PIKES PEAK
Circle K Stores Inc
6417126019
El Paso
CO
2709850
12801 Washington St
Circle K Stores Inc
157327001013
Adams
CO
2709851
1480 Canyon Blvd
'Circle K Stores Inc
146330354001
Boulder
CO
2709852
1529] E Hampden Ave
Circle K Stores Inc
1975-31-4-3]-001
Arapahoe
CO
2709853
15593 E 'Jiff Ave
Circle K Stores Inc
1975-29-2-24-001
Arapahoe
CO
2709854
1600 S COLORADO
BLVD
Circle K Stores Inc
0619304019000
Denver
CO
2709855
16070E 6th Ave
Circle K Stores Inc
1975-08-2-29-001
Arapahoe
CO
2709858
20] South Boulder Rd
Circle K Stores Inc 1
157503466009
Boulder
CO
2709859
2265 E 120TH AVE
Circle K Stores Inc
0357335404004
Adams
CO
2709860
23 Wolfensberger RD
Circle K Stores Inc
2505-023-14-017
Douglas
CO
2709861
2877 Baseline Rd
Circle K Stores Inc
146332300019
Boulder
CO
2709862
290 W 104TH AVE
Circle K Stores Inc
01719 1 5201005
Adams
CO
2709864
280 S Potomac St
Circle K Stores Inc
1975-07-3-18-001
Arapahoe
CO
2709865
3040 Broadway
Circle K Stores Inc
146319300044
Boulder
CO
2709866
3185 28th St
Circle K Stores Inc
146320306001
Boulder
CO
2709867
3595 S YOSEMITE ST
Circle K Stores Inc
0704] 0005600D
Denver
CO
2709868
3600 W 38th Ave
Circle K Stores Inc
02301-01-028-
Denver
CO
2709869
3694 W Bowles Ave
Circle K Stores Inc
2077-19-1-01-003
Arapahoe
CO
2709870
03805 KIPLING ST
Circle K Stores Inc
3004058] I
Jefferson
CO
2709871
3805 MAIZELAND RD
Circle K Stores Inc
6402217002
El Paso
CO
2709872
4200 S Parker Rd
Circle K Stores Inc
2073-06-3-64-008
Arapahoe
CO
2709873
425 Hwy 287
Circle K Stores Inc
157534110001
Broomfield
CO
2709874
435 W Garden of the Gads
Rd
Circle K Stores Inc
6330207012
El Paso
CO
2709876
5095 S Federal Blvd
Circle K Stores Inc
2077-08-3-10-007
Arapahoe
CO
2709877
06798-WOTTAWA AVE
Circle K Stores Inc
300075605
Jefferson
CO
2709878
7425 E Arapahoe Rd
Circle K Stores Inc
2075-21-3-01-008
Arapahoe
CO
2709879
7550 S University Blvd
Circle K Stores Inc ,
2077-36-2-00-0I8
Arapahoe
CO
270988]
7805 N Academy Blvd
Circle K Stores Inc
6305405008
El Paso
CO
2709882
07805 W 92ND AVE
Circle K Stores Inc
300407471
Jefferson
CO
2709883
8815 FEDERAL BLVD
Circle K Stores Inc
0171920326005 Adams
CO
2709884
09207 W JEWELL AVE
Circle K Stores Inc
300110439 Jefferson
CO
My Report - Assess;, Copyright (c) 1992-2017, Ryan, LLC - All Rights Reserved.
2709885
04885 K1PUNG ST
Circle K Stores Inc
?00310018
..1e15 -son
CO
2709886
9275 S BROADWAY
Circle K Stares INC
_229-102-09-016
Douglas
CO
2709887
2890 S CIRCLE DR
Circle K Stores Inc ,64294080133
El Paso
CO
2709888
15065 W COLFAX AVE
Circle K Stores Inc
300109557
Jefferson
CO
2709889 i
10363 FEDERAL BLVD
Circle K Stores Inc
0171917215008
Adams
CO
2709890
600 S Buckley Rd
Circle K Stores Inc
1975-16-2-10-001
Arapahoe
CO
2709891
1124 Francis St
Circle K Stores Inc
1205334I6003
Boulder
CO
2709899
2290 S Havana St
Circle K Stores Inc
1973-26-2-26-001_Arapahoe ,,CO
My Report - Assessee, Copyright (c) 1992-2017, Ryan, LLC - MI Rights Reserved.
Rjfan
Innovative Solutions
to Taxing Problems.
July 14, 2017
CERTIFIED RETURN RECEIPT
7016 0910 0001 0623 4314
Weld Board of Equalization
P. O. Box 758
Greeley, CO 80631
Re: 2017 Property Protests
7979 E. Tufts Avenue
Stanford Place II
Suite 1500
Denver, CO 80237
Tel. 720.524.0022
Fax 720.524.0651
www.ryan.com
Enclosed are the 2017 Objection to Real Property Assessments for the following taxpayers and parcels
numbers:
Taxpayer Parcel
Realty Income Corporation I 120723000018
REALTY INCOME CORPORATION 1120723202014
Circle K Stores Inc j 131310100033
FURNITURE ROW COLO LLC ,R3920305
Hexcel Corporation I R6775983
Loves Hospitality LLC 1 R8943247
VALUE PLACE DENVER CON FIRESTONE L R4697107
If you have questions, or need additional information, please contact Mr. Matthew Poling at (720) 524-
0022.
Sincerely,
Audria Eisenach
Senior Analyst
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7016 0910 0001 0623 4314
Ryan0
7979 E Tufts Avenue
Suite 1500
Denver, Colorado 80237
Weld Board of Equalization
P. O. Box 758
Greeley, CO 8063 I
02 tP
0004725442 JUL 14 21
WAILEO FROM PIP COMBO;
$ 008.1
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