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HomeMy WebLinkAbout20172466.tiffAugust 9, 2017 Petitioner: CHICK-FIL-A INC WILSON & FRANCO 11000 RICHMOND AVE STE 350 HOUSTON, TX 77042-6702 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): PARADIGM TAX GROUP LLC 383 INVERNESS PARKWAY SUITE 120 ENGLEWOOD, CO 80112 RE: THE BOARD OF EQUALIZATION 2017, WELD COUNTY, COLORADO NOTICE OF DECISION Docket #: 2017-2466 Appeal #: 2008217028 Hearing Date: 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 R6781136 Stipulated - Approved Stipulated Value $1,767,847 $1,701,072 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 sOpport of your valuation. If the decision of the District Court is fiirther appealed to the Court of Appeals puruant to C.R.S. Section 39-8-108(1), the rules of Colorado app?llate 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 COUNTY BOARD OF EQUALIZATION WELD COUNTY Single County Schedule Number 86781136 •711 Saw. •Y'. t et'•a 4: ii 1. as i 444,04 9.'4.0 4a STIPULATION (As To Tax Year 2017_ Actual Value) RE PETITION of : NAME: CUIC -FIL-A INC ADDRESS: 4555 Centerplace Dr Greeley, CO • • _._ 1..+4 j's'0't•r=warts .e a+rt+W• r e • P• • is • ........ •. e•. I "ra %t.+ g-e+lra • • •+ V•l•°IP` •,f o.r "W se*.a..4++ t t —.4• rim .•.,•.,a.■'••tea e,s..INS e" it Petitioner (s) and the Weld County Assessor hereby enter into this Stipulation regarding the tax year 2017 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: LOT 4 CENTERPLACE 3RD FO 1ST RPLT LT 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 2017: Total $1,767,847,00 4, After further review and negotiation, Petitioner (s) and Weld County Assessor agree to the following tax year 2017 actual value for the subject property: Total S1,701,072,00 5. The valuation, as established above, shall be binding only with respect to tax year 2017. 6. Brief narrative as to why the reduction was made: Further review of all approaches to value indicated an adjustment. 7. Both parties agree that: ZThe hearing scheduled before the Board of Equalization on 8/3/2017 at 9:00 AM be vacated. R6781136 0A hearing has not yet been scheduled before the Board of Equalization. 1 D TED this Pe#ifioner(s} or 0Th day of July, 2017. Attorney Telephone: 7zo, Qat Docket Number Stipal•Frm R6781136 Assistant) County ttor ey I Respondent, Weld County Board of . Commissioners Address: 1150 "O" Street P.O. Box 758 Greeley, CO 80632 Tele hone:(970) 336-7235 C ti ere 4111 County Ass w ss Address: 1400 N.17th Avenue Greeley, CO 80631 Telephone: (970) 353 845 ext. 3697 2 NOTICE OF DETERMINATION Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 Date of Notice: 6/30/2017 Telephone: (970) 400-3650 Fax: (970) 304-6433 Office Hours: 8:00AM — 5:00PM ACCOUNT NO. • TAX YEAR i TAX AREA LEGAL DESCRIPTION/ PHYSICAL LOCATION R6781136 2017 0683 LOT 4 CENTERPLACE 4555 CENTERPLACE 3RD FG 4S7 DR RFLT PROPERTY OWNER CHICK-FIL-A WILSON 11000 RICHMOND HOUSTON, & FRANCO INC AVE STE 350 TX 77042-6702 RE C 9 V E D GREELEY , CO JUL182017 V WELD COUNTY COMMISSIONERS PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE REVIEW PRIOR TO ACTUAL VALUE REVIEW AFTER COMMERCIAL 1,767,847 1,767,847 $1,767,847 $9,767,847 TOTAL 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, § 39-81106(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): PARADIGM TAX GROUP LLC 383 INVERNESS PARKWAY SUITE 120 ENGLEWOOD, Co 80112 16 -OPT -AR PR 207-D8/13 R6791136 2017-2466 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.usiappsithoe,/ To preserve your appeal rights, your Petition to the County Board of Equalization must be postmarked or delivered on or before July 15 for real property — after such date, your right to appeal is lost. You may be required to prove that you filed a timely appeal; therefore, we recommend that all correspondence be mailed with proof of mailing. You will be notified of the date and time scheduled for your hearing. The County Board of Equalization must mail a written decision to you within five business days following the date of the decision. The County Board of Equalization must conclude hearings and render decisions by August 5, § 39-8-107(2), C.R.S. If you do not receive a decision from the County Board of Equalization and you wish to continue your appeal, you must file an appeal with the Board of Assessment Appeals by September 10, 39-2-125(1)(e), C.R.S. If you are dissatisfied with the County Board of Equalization's decision and you wish to continue your appeal, you must appeal within 30 days of the date of the County Board's written decision to ONE of the following: Board of Assessment Appeals 1313 Sherman Street, Room 315 Denver, CO 80203 (303) 866-5880 wwwcd orac.colo rado.goy/boa 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, § 9-1-120(3), C.R.S. District Court Contact the District Court in the County where the property is located. See your local telephone book for the address and telephone number. PETITION TO COUNTY BOARD OF EQUALIZATION What is your mate of the property's value as of June 30, 2016? (Your opinion of value in terms of a sp cifie_ t as ,urn ii -for real property pursuant to § 39-8-106(1.5), C.R.S.) What is the basis for your estimate of value or your reason for requesting a review? (Please attach additional sheets as necessary and any supporting documentation, i.e., comparable sales, rent roll, original installed cost, appraisal, etc.) ATTESTATION unders igned ner or ages' of the property identified above, affirm that .the state,ents contained herein pn any alt cI flentshereto are true and complete. /2"11(g nature Emadl Address 'Attach letter of authorization signed by property owner Telephone I` rnber o -9,9/7 - Th/t Date 16-DPT-AR PR 207-08/13 85781136 Para 383 Inverness Pkwy igrn Suite 120 Englewood, CO 80112 May 17, 2017 Chris Woodruff Weld County Assessor PO Box 758 Greeley CO 80632 RE: Parcel/Schedule No. 095 1431 9001 (86781136) Parcel Address: 4555 Centerplace Dr To Whom om It May Concern: 720.930.4846 Phone www.paradigmtax.com Attached is the Assessor printout for the above referenced schedule number, Subject property proposed value for 2017 is $1,767,847 or $399/ F. This letter hereby protests the 2017 value. Attached is an agent authorization. Subject property is a 4,426 square foot fast food restaurant built in 2014. The subject property increased 124% from the 2015-62016 assessment. Based on comparable fast food restaurants, we recommend a value of $1,368,075 or 309/ F. Y./ciiesvectfu:IIv r'C(Juem subject be reduced to $1.,368,075 r S309/SF. Thank you in advance for your help and consideration Sincerely, Rebecca FIc Paradigm Tax Group LETTER OF AUtLJO'R1 l4TLQ '1 TO; Weld County Assessor and others to whom it may concern RE: Chick+Fil-A Inc 4555 Centerplace Dr - 095914319001/R6781136 This letter will introduce the firm of Paradigm Tax Group, which is authorized to represent Ghick'Fil-A Inc concerning Ad Valorem Taxes on real property for 2017a18. This authorization letter will supersede any previous levers of authorization on file. Paradigm Tax Group is authorized to review and receive copies of any current and prior years property tax information, to investigate appraisals and assessments, to submit income and expense information, to appeal property values and taxes, to receive tax bills, to make any necessary corrections to the taxing authority's records, to appear before administrative boards or agencies and where authorized, to appear before courts of competent jurisdiction and to prepare to take such actions in our offices as necessary to effectuate same. Paradigm Tax Group is authorized to act as agent, and/or attorney in fact, with those aforementioned rights on this property owned or controlled by the undersigned entity A photographic or facsimile copy of this authorization and my signature may be deemed to be the equivalent of the original or may be used as a duplicate original. The rights, powers, and authorization of Paradigm Tax Group herein granted shall commence upon the execution of this letter of authorization. ACCEPTED: Chick -Fit -A Inc Signature: cr=- Print Name: sisl/a' /C4 — Date: / j' WELD COUNTY ASSESSOR CHRISTOPHER M. WOODRUFF 1400 N 17TH AVE GREELEY, CO 80631 DATE: May 1, 2017 ACCOUNT NUMBER R6781136 y 2017 CHICK-FIL-A INC WILSON & FRANCO 11000 RICHMOND AVE STE 350 HOUSTON TX 77042-6702 CI ASSIFI CATION COMMERCIAL 2017 REAL PROPERTY NOTICE OF VALUATION Phone: (970) 4004650, Fax: (970) 304-6433 Office Hours: 8:00 a..m..- 5:00 p.m. M -F appeals@weldgov.ecm W WW.We1dgOv.:com TAXPAYER COPY TAX AREA CODE I PROPERTY DESCRIPTION (MAY NOT BE COMPLETE) 0663 r f �t a ; • 095914319001 LOT 4 CENTERPLACE 3RD FG 1ST RPLT PRIOR YEAR ACTUAL VALUE I CURRENT YEAR ACTUAL V Pl UL 1,470, 100 1,476,100 1:767,847 1,767,847 OH - CNAFJRF +201,747 +291,747 Using the above values, the estimated tax based on the prior year value was $31,949, Using the above values, the estimated tax based on the current value Is $00,144, This results in an Increase of +$6,295. This estimate is based an 2016 tax rates. You will receive a tax bill in 2018. The current yea. tax amount Is merely an estimate based upon the best information available. You have the right to protest the adjustment in valuation, but not else estimate of taxes, 39-5-12 1(1.5). C.R.S. PROPERTY CHARACTERISTICS For specific property characteristic details, please see the Building Information and Valuation Information Tabs on your Property Report. PLEASE REFER TO THE HACK OF THIS FORM FOR GENERAL INFORMATION CONCERNING YOUR PROPERTY VALUATION AND YOUR APPEAL RIGHTS, 5343 Paradigm 383 Inverness Parkway Suite 120 Englewood, CO 80112 Beth Diehl Managing Cvnsuflani bdiehl@paradigmta.x.com Phone 720,381.2247 Cell 72O 334 3844 Wtvw. ParsWgmtac.eonl Paradiigm Tait Group, 383 Inverness Parkway Suite 12O Englewood, CO 80112 asaztatuitiatitua i i ve me Weld County Board of Equalization 1150 O Street P.O. Box 758 Greeley, Co 80631 7016 1370 IU001 899 4 Q435 U $ POST.AO5 19.30 rCh L Erwin tldl139 ?ore or Ws 041/117 6 2S00 USPS® FIRST-CLASS MAIL® SHIP TO: 1150 O ST GREELEY CO 80631-9596 0lb. 12.60 oz. i USPS CERTIFIED MAILTM i ili 9514 8000 2645 7195 0002 71 Hello