HomeMy WebLinkAbout20162339.tiffAugust 5, 2016
Petitioner:
WIDE OPEN REAL ESTATE LLC
3761 MONARCH ST
FREDERICK, CO 80516-9455
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):
STEVENS & ASSOCIATES COST REDUCTION
SPEC
9635 MAROON CIRCLE SUITE 450
ENGLEWOOD, CO 80112-5902
RE: THE BOARD OF EQUALIZATION 2016, WELD COUNTY, COLORADO
NOTICE OF DECISION
Docket #: 2016-2339 Appeal #: 2008211225 Hearing Date: 8/4/2016 10:00 AM
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
2016.
The Assessment and valuation is set as follows:
Actual Value as Actual Value as
Account # Decision Determined by Assessor Set by Board
R8928300 Stipulated - Approved Stipulated Value $2,457,158 $2,184,654
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
a7o7l0, - oZ 339
ASD29/
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,
e,t_z,(1/Lie
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 2016-2330
STIPULATION (As To Tax Year_2016__ Actual Value)
RE PETITION OF : R8928300
NAME: Wide Open Real Estate LLC
ADDRESS: 3761 Monarch St,
Frederick, CO 80516-9455
Petitioner (s) and the Weld County Assessor hereby enter into this Stipulation
regarding the tax year 2016 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:
I.4 BLK2 GLACIER BUSINESS PARK 3RD FO
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 2W 6:
Total $2,457,158.00
4. Mier further review and negotiation, Petitioner (s) and Weld County Assessor
agree to the following tax year 2016 actual value for the subject property:
Total $2,184,654,00
5. The valuation, as established above, shall be binding only with respect to tax
year 2016.
6. Brief narrative as to why the reduction was made:
r
A review of all approaches to value indicated an adjustment.
7, Both parties agree that:
The hearing scheduled before the Board of Equalization on 8/4/2016 at
9:00 AM be vacated.
■
2016-2339
A hearing has not yet been scheduled before the Board of Equalization.
1
O2of . ≥33t
•
22 d. of.7 y, 201 d.
itioner(s) or £ tent . Attorney (Assistant) County Attorney for
Respondent, Weld County Board of
Commissioners
Telephone:
Docket Number 2016-23 39
8tip-1. Frm
2016-2339
Address:
1150 "U" Street
P.O. Box 758
Greeley, CO 80632
Telephone:(970) 336-7235
)6
my Ass
Address:
1400 N.l7th 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: 6/30/2016
Telephone: (970) 353-3845
Fax: (970) 304-6433
Office Hours: 8:00AM — 5:00PM
ACCOUNT NO.
TAX YEAR
TAX AREA
LEGAL DESCRIPTION/ PHYSICAL LOCATION
R8928300
2016
3306
FRE 3GHP L49LK2 GLACIER BUSINESS PARK
3RD EG
PROPERTY OWNER
WIDE OPEN REAL ESTATE LLC
3781 MONARCH ST
3761 MONARCH ST RECEIVED
FREDERICK, CO 60516-9455
FREDERICK , CO
JUL
2 1 2016
WELD
Ct Ui TY
- Q0MMISSI0I�
BS
ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION
ACTUAL VALUE PRIOR TO
ACTUAL VALUE AFTER
REVIEW
REVIEW
COMMERCIAL
2,457,156
2,457,158
TOTAL
$2,457,158
$2,457,158
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 2013 to June 2014 be used to establish current values.
We have considered all three approaches to value
yy /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):
STEVENS & ASSOCIATES COST REDUCTION
SPEC
9635 MAROON CIRCLE SUITE 450
ENGLEWOOD, CO 80112-5902
2016-2339
16-DPT-AR
PR 207-08/13
R8928300 10610213
L
APPEAL PROCEDURES
County Board of Equalization Hearings will be held from
August 1st through August 5th at 1150 O Street.
To appeal the Assessor's decision, complete the Petition to the County Board of Equalization shown
below, and mail, file online, or deliver a copy of both sides of this form to:
Weld County Board of Equalization
1150 O Street, PO. Box 758
Greeley, CO 80631
Telephone: (970) 356-4000 ext, 4225
Online: http://www.co.weld.co.ps.JappsJcbod
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 60203 where the property is located. See your
(303) 866-5880 local telephone book for the address and
www.dola.colorado.gov/baa telephone number.
Binding Arbitration
For a ist of arbitrators, contact the County Commissioners at the address listed for the County Board
of Equalization.
If the date for fling 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, S§ 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, 2014? (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.)
$2,008.002
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 roil, original
installed cost, appraisal, etc.)
2015 Stipulated Value
ATTESTATION
I, the undersigned owner or agent' of the property identified above, affirm that the statements contained herein
at are true and complete.feC
303-347-1878
Signature Telephone Number
todd@stevensandassoc.com
Email Address
1 Attach letter of authorization signed by property owner.
07/150016
Date
16-DPT-AR
PR 207-08/13
88928300 10610213
Property Tax Consultant - Agency Agreement
Owner Address: 3761 Monarch St, Frederick, CO 8051£
Property Address/Legal Description/Schedule #: See Attached exhibit A
Consultant/Agent: Stevens & Associates Cost Reduction Specialists, Inc.
IIWe Wide Open Real Estate LLC, subsidiaries, parent companies and all affiliated companies agree with Stevens &
Associates Cost Reduction Specialists, Inc. that for the property tax/sales and use tax assessment years 2015, 2016 and
prior years, in Colorado as the property referred to above, that Stevens & Associates Cost Reduction Specialists, Inc. is
hereby engaged and authorized to act as agent and consultant before either the Board of review as well as the State Tax
Review Board or for any hearing pertinent to the property for the property tax/sales and use tax assessment years 2015,
2016 and prior years. Please direct all correspondence and refunds to Stevens & Associates Cost Reduction Specialists,
Inc.
The undersigned further authorizes Stevens & Associates Cost Reduction Specialists, Inc. as agent of the undersigned, in
the name of the undersigned, to execute and cause to be filed on behalf of the undersigned, in the name of the
undersigned, any and all documents relating to an appeal of the said assessments, for the assessment years in question
and prior years, before either the Board of review as well as the State Tax Review Board or any hearings pertinent to the
property.
off,-'
Thus done and executed on this Zlc day of August 2014.
Agreed By:
Wide Open Real Estate LLC
By:
Scott McMorris
Title: Managing Member
Please Direct all correspondence/refunds to:
Stevens & Associates / inc.
9635 Maroon Cir, Suite 450
Englewood, Colorado 80112
STATE OF (_ irk st (AO
The foregoing i trument was acknowledged before me}
This.,". r day of - u c ipalk
My Commission Elves 02112015
Witness my
�rnission expir
Exhibit A
Wide. Open Real Estate LLC
3761 Monarch St
Weld County Parcel I Account #
146703111004 188928300
Wide Opens Real Estate LLC
No Address
Weld County Parcel l Account #
146703111005! R8928400
C4
a
f
-a--
HR
C
a7:
4V
739
VIPS
P \
0 to
c 0
Alj CO
z% I O
40
UCH2
W
July 22, 2016
Petitioner:
WIDE OPEN REAL ESTATE LLC
3761 MONARCH ST
FREDERICK, CO 80516-9455
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):
STEVENS & ASSOCIATES COST
REDUCTION SPEC
9635 MAROON CIRCLE SUITE 450
ENGLEWOOD, CO 80112-5902
RE: THE BOARD OF EQUALIZATION 2016, WELD COUNTY, COLORADO
NOTIFICATION OF HEARING SCHEDULED
Docket #: 2016-2339, AS0094 Appeal #: 2008211225 Hearing Date: 8/4/2016 10:00 AM
Account(s) Appealed:
R8928300
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of AUGUST 4, 2016, at or about the
hour of 10:00 AM, 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, 2016, 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
dzak,W
Esther E. Gesick
Clerk to the Board
Weld County Board of County Commissioners
cc: Christopher Woodruff, Assessor
Hello