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Home My WebLink About20172406.tiffAugust 9. 2017 Petitioner. SFP-E LLC PO BOX 5350 BEND. OR 97708-5350 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). DUFF & PHELPS 1200 17 STREET SUITE 990 DENVER. CO 80202 RE. THE BOARD OF EQUALIZATION 2017. WELD COUNTY. COLORADO NOTICE OF DECISION Docket # 2017-2406 Appeal # 2008216995 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 R6786061 Stipulated - Approved Stipulated Value $2.424 258 $1.900.000 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. 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@stateco.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 informationplease call me at (970) 400-4226. Very truly yours. f 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 786061 rii-- , • s.�R♦•ee a. laa, awe.r1la a e86e aaa sea aes S.aC ara ass ara V Ala►►see aae`ca ea. STIPULATION (As To Tax Year 017 Actual Value) RE PETITION OF : NAME: SFP-E LLC ADDRESS: 7005 W 10th St Greeley, Co Petitioner Cs) 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: L2 BUG WP GREELEY 2ND 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 $2,424,258.00 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 $1,900,000.00 5. The valuation, as established above, shall be binding only with respect to tax year 2017. 6. Brief narrative as to why the reduction was made: Further review of all approaches to value indicated an adjustment. 7. Both parties agree that: The hearing scheduled before the Board of Equalization on 8/2/17 at 3:00 PM be vacated. R6786061 QA hearing has not yet been scheduled before the Board of Equalisation. 1 DATED this 26th day of July, 2017. Petitioner(s) or Agent or Attorney Travis Stuard Duff & Phelps Agent Address: 1200 17th Street Suite 990 Telephone: 303.749.9033 Docket Number Stip-1.Frm R6786061 (Assistant) County Attorney for RespondOnt, Weld County Board of Commissioners Address: 1150 "O" Street P.O. Box 758 Greeley, CO 80632 Telepnone:(970) 336-7235 Address: 1400 N .17th Avenue Greeley, CO 80631 Telephone: (970) 353-3845 ext. 3697 2 NOTICE OF DETERMINATION Christopher M. Woodruff Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 Date of Notice: 6/30/2017 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00AM — 5:00PM .;-000410ITIC:INtelinICAL LOCATKM AttOuttett .- : - ‘ R6786061 2017 4066 LI BLK1 H -P GREELEY 2ND RPLT 4PoBoxs35o sFP-E BEND, LLB OR 97708-5350 7005 W10TKT RECEIVED GREELEY , Co JUL 172017 _.- 3 Y' WELD COUNTY COMMISSIONER S -S /Ir.�. i ciirc Jfr ,):'i.4 .-`r+a•• } -.i•• .'•Y 1i5 �' C{ 7 T - f-• .L _I.�F _ y • i.,iy� 1 a �,'' i�f" ♦ v ni F-� h' f .fi �f• r .`•'..- f'� • r V'- '-•. .'re' a• Sa. , T �r -%-y .. S ,.•P O T' � '44;� • 4 i.a.- i\ - . .1$ • v t. ..9�-.�.-4 _ y ' i 1e. ,,c •'S• `1p' • I .0.• S y. • $ I, 'r,•�1 . - • • • .� i f - a - •�.-- _ .S �� '' .�c;a F."":j;• fai f�-f .1 ..f S^- ' +L e. .�� a' _ . 4 • ' Y� =r 1r fiP .. -. ° kv[� -'V'.. % s; IT - I ACTUAL VAL I - S .s......4 - . ' _ • P .a At- 1/13/41- • 1{1 ` S0., . COMMERCIAL 2,,42 4,258 2,424,258 t t FA►t. I $2,4241258 $2,424.258 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 i The taw 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): DUFF & PHELPS 120017 STREET SUITE 990 DENVER, Co 80202 15-O PT -AR PR 207-08/13 R6786061 2017-2406 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/c.boe/ 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 § 39-M-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 Apteals 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.cQlQrado.gov/bas 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, c/aim, 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), CRS. 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.) 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 undersigned owner or argent' of the property identified above, affirm that the statements contained herein and on any attachments hereto are true and complete, _ y - Signature chariie.young@duffandpheips.com 303-749-9005 Telephone Number Email Address 1 Attach letter of authorization signed by property owner. 7/10/2017 Date 16-DPT-AR PR 207-08/13 R6786061 DUFF &PHELPS mow., Imp Weld County Board of Equalization 1150 0 Street, P.O. Box 758 Greeley, CO 80631 Subject: 2017 Board of Equalization Appeal for GREELEY list AVE#163 Dear Honorable Board: May 31,2017 As duly authorized agent of Les Schwab and its associated entity SFP-E LLC, Duff & Phelps LW is hereby filing an appeal to the Weld County Board of Equalization for the 2017 value of the following account: Schedule It I Parcel # Address 2017 NOD Value D&P Requested Value 95904303002 $2,424,258 VI ,939,406 7005 W 10TH ST Greeley 80634 Comparable sales and income approach supports a lower value. Our authorization to appeal is attached. This notice of appeal is being sent via certified mail with tracking number 7017-0530=0001-0489-3922. If you have any questions, please feel free to contact me at 303-749-9033 or at travisestuard@duffandphelps,com. Sincerely, essoItvitsiosi Travis Stuard Senior Associate, Duff & Phelps, LLC Duff & Phelps, LLD 1200 17th Street Suite 990 Denver, CO 80202 I' +1 303-749-9033 travisestuarcl@d'andphetp s.cor %am duffandphelps.corn A nc f r _- - CIA Duff & Phelps LLC is authorized to represent SFP-E LLC, Les Schwab Tire Centers, Inc. and its subsidiaries and related entities on property tax matters in Colorado, pertaining to all its Colorado holdings. All previous authorizations are hereby revoked. Duff & Phelps LLC is authorized to act on our behalf in obtaining and providing information, negotiating, settling and assessing for all property matters related to the property owned, possessed, or controlled by the undersigned at the above -referenced address. This agent is delegated full authority to handle all matters relative to assessments and to represent us, with the assistance of legal counsel, if necessary, in the appeal process. This appointment of agency remains in effect for tax years 2017-2018 or until revoked in writing by SFP-E LLC, Les Schwab Tire Centers, Inc_ or Duff & Phelps LLC, All correspondence should be directed to the Les Schwab address on file. Appeal related notices may also be forwarded to the following: NAME: ADDRESS: Travis Stuard Duff & Fh_ C 1200 1111.14S - - The individual signing below is ate to sit o of the ownership entities in Exhibit A SIGNED: NAME/TITLE: DATE EFFECTIVE: NOTARIZATION: Exhibit 1 Les Schwab Colors o Properties County Name of Property Owner of Record Address Parcel ID Boulder Douglas Jefferson Arapahoe Arapahoe El Paso Arapahoe Adams Weld Denver Douglas Adams Adams Adams El Paso Jefferson Larimer Larimer Denver Arapahoe Douglas Weld El Paso Weld LONGMONT EMERY ST #160 PARKER HILLTOP #156 LITTLETON BOWLES #154 CENTENNIAL ARAPAHOE RD,#158 AURORA SMOKY HILL RD #169 FOUNTAIN #164 AURORA CHAMBERS RD #168 BRIGHTON #162 GREELEY E LEY 71st AVE#163 FEDERAL BLVD - #152 HIGHLANDS RANCH #153 THORNTON 88TH AVE.#157 TOWER RD - #151 COMMERCE CITY #155 COLORADO SPRINGS BARNES RD #165 LAKESIDE#159 TIMNATH #167 LOVELAND #161 DENVER HAMPDEN AVE #170 AURORA PICCADILLY CASTLE ROCK FIRESTONE COLORADO SPRINGS FILLMORE ST ERIE SFP-E LLC SFP E LLC SFP LLC Sfp-E Llc SFP-E LLC SFP-E LLC SFP-E LLC SFP-E LLC SFP-E LLC SFP-E LLC SFP E LLC SFP-E LLC SFP-E LLC SFP-E LLC SFP-E LLC SFP E LLC Cach La Poudre Investors SFP-E LLC SFP-E LLC SFP-E LLC SFP E LLC SFP-E LLC SFP-E LLC SFP-E LLC 633 SOUTH EMERY ST Longmont 80501 11265 5 PIKES PEAK DR Parker 80138 13331 W BOWLES AVE Littleton 80127 15787 E Arapahoe Rd Centennial 80016 23990 E Smoky Hill Rd 7996 FOUNTAIN MESA RD Fountain 80817 2360 S Chambers Rd 163 S 50th Avenue Brighton 80601 7005 W 10TH ST Greeley 80634 2029 FEDERAL BLVD Denver 80211 945 SGT JON STILES DR Highlands Ranch 80129 800 E 88th Avenue Thornton 80229 3430 TOWER RD Aurora 80011 10489 Chambers Rd Commerce City 80022 4395 INTEGRITY CENTER PT Colorado Springs 80917 5871 W 44th Avenue Lakeside 80212 4560 Weitzel St. 184 W 64th Street Loveland 80538 8940 E Hampden Ave 21609 East Quincy Ave Lot 1 Block 5 Promenade at Castle Rock 5920 FIRESTONE BLVD 950 W Fillmore St Colorado Springs 80907 Lot 1A Vista Ridge #12 3rd AMD 131510061001 2233-224-23-002 59-184-02-003 2073-20-3-14-001 2071-19-3-05-006 5530004018 1975-29-3-16-002 0156910122005 095904303002 0232236029000 2229-091-10-005 0171926207044 0182127202010 0172307401013 6325106028 39-241-01-002 87344-20-007 96264-18-004 0703200037000 2073-02-4-22-002 2351-272-25-011 131312138001 7336109012 146733356001 0 Post .9-. ` _. aP 1200 17th Street, Suite 990 Denver, CO 80202 DUFF&PHELPS ti��ll,iiilllltllliullsrltlltlr Ii;IIIilitil,i,lituliiiiiiiiii`t Weld County Board of Equalization PO Box 758 Greeley, CO 80631 tritrilnn nttir „ r.: f fl f i' at r a sr r- r. v1 4! t C. r MI r• r_ r 9 . . a r. • _ Y r. it . 7 VS a tie, aT . PLACE STICKER At TOP OF t+1V£tQPE TO THE It7FGN? : HE FIE TWIN Mif]RE SS FrM. !!) D0TJ ED I UHF 1i 1. a i la en i i i a ii i MI an N =tie i PF s a i i i IN N. W a i CERTIFIED MAIL i 1 i i 1 11 ?©1? 0530 0001 0459 3922 --..._.1 11111% July 21, 2017 Petitioner: SFP-E LLC PO BOX 5350 BEND, OR 97708-5350 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): DUFF & PHELPS 1200 17 STREET SUITE 990 DENVER, CO 80202 RE: THE BOARD OF EQUALIZATION 2017, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket #: 2017-2406, AS0097 Appeal #: 2008216995 Hearing Date: 8/2/2017 3:00 PM Account(s) Appealed: R6786061 Dear Petitioner(s): The Weld County Board of Equalization has set a date of AUGUST 2, 2017, at or about the hour of 3:00 PM, to hold a hearing on your valuation for assessment. This hearing will be held at the Weld County Administration Building, Assembly Room, 1150 O Street, Greeley, Colorado. You have a right to attend this hearing and present evidence in support of your petition. The Weld County Assessor or his designee will be present. The Board will make its decision on the basis of the record made at the aforementioned hearing, as well as your petition, so it would be in your interest to have a representative present. If you plan to be represented by an agent or an attorney at your hearing, prior to the hearing you shall provide, in writing to the Clerk to the Board's Office, an authorization for the agent or attorney to represent you. If you do not choose to attend this hearing, a decision will still be made by the Board by the close of business on August 5, 2017, and mailed to you within five (5) business days. Because of the volume of cases before the Board of Equalization, most cases shall be limited to 10 minutes. Also due to volume, cases cannot be rescheduled. It is imperative that you provide evidence to support your position. This may include evidence that similar homes in your area are valued less than yours or you are being assessed on improvements you do not have. Please note: The fact that your valuation has increased cannot be your sole basis of appeal. Without documented evidence as indicated above, the Board will have no choice but to deny your appeal. If you wish to obtain the data supporting the Assessor's valuation of your property, please submit a written request directly to the Assessor's Office by fax (970) 304-6433, or if you have questions, call (970) 353-3845. Upon receipt of your written request, the Assessor will notify you of the estimated cost of providing such information. Payment must be made prior to the Assessor providing such information, at which time the Assessor will make the data available within three (3) working days, subject to any confidentiality requirements. Please advise me if you decide not to keep your appointment as scheduled. If you need any additional information, please call me at your convenience. Very truly yours, BOARD OF EQUALIZATION Esther E. Gesick Clerk to the Board Weld County Board of County Commissioners cc: Christopher Woodruff, Assessor Hello