Loading...
HomeMy WebLinkAbout20162296.tiffAugust 5, 2016 Petitioner: UNION COLONY BANK CIO FIRST NATIONAL BUILDING, INC 1620 DODGE ST STOP 1150 OMAHA, NE 68197-1150 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): JOSEPH C SANSONE CO 18040 EDISON AVE STE 400 CHESTERFIELD, MO 63005-3702 RE: THE BOARD OF EQUALIZATION 2016, WELD COUNTY, COLORADO NOTICE OF DECISION Docket #: 2016-2296 Appeal #: 2008211218 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 R2291686 Stipulated - Approved Stipulated Value $2,535,975 $2,052,835 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 .9/- ow/6- 4s o ' it 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, 41z41.ie 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 82291686 STIPULATION (As To Tax Year 2016,_ Actual Value) RE PETITION OF : Union Colony Bank NAME: C/O First National Building, Inc ADDRESS: 1620 Dodge St Stop 1150 Omaha, NE 68197 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: GR 17535-J TRACT J PT NE4SE4 12 5 66 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 2016: Total $2,535,975.00 4. After further review and negotiations Petitioner (s) and Weld County Assessor agree to the following tax year 2016 actual value for the subject property: Total $2,052,835.00 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: After review of the cost approach, market and income approaches, it was determined a reduction was warranted. 7. Both parties agree that: The hearing, scheduled before the Board of Equalization on 8/4/2016 at 10:00 be vacated. ■ 82291686 A hearing has not yet been scheduled before the Board of Equalization, 1 p'od - -c2°794 DATED this July ay of 28, 2016. Petitioner(s) or Agent or Attorney Address: t<ifOLIO /Lc Telephone: 6'36:773- PI Docket Number 2016-2296 Stip-1.Frm 82291686 2 (Assistant) County Attorney for Respondent, Weld County Board of Commissioners Address: 1150 "0" Street P.O. Box 758 Greeley, CO 80632 Telephone:(970) 336-7235 County A 7 essor Address: 1400 N.17th Avenue Greeley, CO 80631 Telephone: (970) 353-3845 ext. 3697 Christopher M. Woodruff Weld County Assessor 1400 N 17Th Ave Greeley, CO 80631 NOTICE OF DETERMINATION RECEIVED JUL 19 2016 WELD COUNTY COMMISSIONERS Date of Notice: 6/30/2016 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00AM — 5:00PM ADook Nt me, -lax YEAR ,, TM ARLEGAL EA DESCRIPTION! PHYSICAL LOCATION R2291686 2016 0600 GR 17535-J TRACT J PT NE4SE4 12 5 66 1701 23 AV GREELEY , CO d i UNION COLONY BANK C/O FIRST NATIONAL BUILDING, INC 1620 DODGE ST STOP 1150 OMAHA, NE 68197-1150 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW . COMMERCIAL 2,636,976 2,535,975 TOTAL $2,635,976 $2,636,976 The Assessor has carefully studied all available information, giving particular attention to the specifics included on your protest. The Assessors 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 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): JOSEPH C SANSONE CO 18040 EDISON AVE STE 400 CHESTERFIELD, MO 63005-3702 /7--2 752_g 9 -Co 2016-2296 16-DPT-AR PR 207-08113 R2291686 10610016 APPEAL PROCEDURES County Board of Equalization Hearings will be held from August 1't through August 5' at 1150 0 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.ca.usjapps/oboe/ 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), G.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, CD 80203 (303) 866-5880 www.dola.colorado.govlbaa Binding Arbitration 'or 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. 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. ` .IZAT1ON PETITION TO c01JNTY BOARD OF EQUA 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.) $ ee a acl,erm 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, Le., comparable sales, rent roll, original installed cost, appraisal, etc.) me Assessor's calculation ot value exceeds the actual market value o the property. ATTESTATION l 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. 636.733.5470 07/13/16 Signature appeals©jcsco.com Telephone Number Date Email Address ' Attach letter of authorization signed by property owner Please send all correspondence to: Joseph C_ Sansone Company 18040 Edison Avenue; Suite 400 Chesterfield, MO 63005 16 -OPT -AR PR 207-08/13 R2291686 10610016 JOSEPH C. SANSONE COI ,ANY Brainiest T,T.toIntionst A GENT A UTHORIZA TION Colorado TO: Assessor's Office and the Assessment Review Agency The Property Owner(s) listed below hereby authorize and appoint the Joseph C. Sansone Company to act as agent with full authority to handle all matters relating to ad valorem tax matters for our respective listed parcels. This includes, but is not limited to, the filing of property tax declarations or other documents with you or the Assessment Appeals Board, examining any records in your office which we have a right to examine, appearing before any assessment officer or board and discussing assessments and resolving disputes with you concerning the assessments on parcels for which we are responsible for the property taxes. This authority shall terminate when all matters relating to the 2014 through 2018 assessments are resolved. FIRST NATIONAL BANK 9701211001 Exact Name of Property Owner Parcel Number FIRST NATL BANK IN FT COLLINS Exact Name of Property Owner Union Colony Bank c/o -First National Bank Exact Name of Property Owner FIRST INTERSTATE BANK Exact Name of Property Owner AUTHORIZED SIGNATURE DATE spiptileo State of Colorado City/County of 971142300/ Parcel Number R2291686 Parcel Number 9711416001 Parcel Number Schedule/PIN/Account (if applicable) Schedule/PIN/Account (if applicable) Schedule/PIN/Account (if applicable) Schedule/PIN/Account (if applicable) Brenda Dooley. Senior Vice President PRINT NAME OF AUTHORIZED SIGNER TITLE On this _ day of , 20 before me, the undersigned, personally appeared known to me (or satisfactorily proven) to be the person whose name is subscribed to within this instrument and acknowledged that he executed the same for the purposes therein contained. In witness hereof] hereunto set my hand and official seal. Notary Public REVISED 06/16 REAL PROPERTY SUMMARY ANALYSIS OF First National 1701 23rd 1701 23rd Avenue Greeley, Co 80634 Parcel ID (s) 095912400020 As of 1/1/2015 Appeal Number Prepared By: k2P1Lt wirA6fc4a9a4r inn. Ps 1 -to• -,r JOSEPH C. SANSONE COMPANY 18040 Edison Avenue Chesterfield, Missouri 63005 <This is not an appraisal> This information is provided by the Joseph C. Sansone Company as an authorized advocate and representative of the property owner or taxpayer, Therefore, the information is not and should not be considered an objective analysis of the value of the subject property interest. The Information is not intended to constitute an "appraisal" or "appraisal report" pursuant to the Uniform Standards of Professional Appraisal Practice ("USPAP") or Missouri law. No one from the Joseph C. Sansone Company is acting as a licensed or certified real estate appraiser in this matter. Whether any person involved in the preparation or presentation of the information is a licensed or certified appraiser is of no importance and the information and presentation are not intended to comply with the USPAP requirements of appraisal practice. 173•292&)009CO ltlfl9 ! A4'CC Hi. Mi7 170123rd Avenue PTR Number: 17329280009OO Location IDs: 095912400020 Tax Year 2015 f Pay Year 2016 Area TypeLocation RESTAURANT BANK BRANCH OFFICE/ Totals Gross Building Area Net Leaseable Area 3,000 3,000 11,565 11,565 14,970 14,970 29,535 29,535 Potential Gross Income Vacancy and Credit Loss 8.00 24,000 5.0% 1.200 15.00 173,475 5.0% 8,674 11.00 164,670 10.0% 16.467, 12.26 362,145 7.3% 26,341 Effective Gross Income Overall Expense 22,800 18.0% 4,104 164,801 25.0% 41,200 I 148,203 35.0% 51.871 I I 335,804 28.9% 97.175 Net Operating Income 18,696 123,601 96,332 238,629 Base Cap Rate 9.000 Adj Tax Rate 2.130 Adj Cap Rate 11.130 Value Sum 2,144,015 Indicated Value 2,144,000 Total Indicated Value per SF(NLA) 72.59 17929280009W Broker's Opinion -This is not an appraisal —See Full Disclaimer 1701-1717 23rd Ave - Cottonwood Park Ca .F. , -,. 4 ..,. . . ., ...,...,. 4..-,...,,,,,,, i fry•, _ y iit i . t \I \ ‘t la e - ' 3 ' 'a-7— - - 4- — l. ere r. - - r- emu: Location: SWC W 17th St & 23rd Ave Building Type: Class B Office/(Neighborhood Center) Weld County Cluster Weld County Submarket Status: Built 1980 Weld County Stories: 2 Greeley, CO 80634 RBA: 26,708 SF Typical Floor: 13,354 SF Developer: - Total Avail: 6,170 SF % Leased: 76.9% Management: - Recorded Owner: Union Colony Bank Expenses: 2015 Tax @ $2.031sf; 2011 Ops @ $1.90/sf Parcel Number: 095912400020 Parking: 99 free Surface Spaces are available; Ratio of 3.7011,000 SF Amenities: Banking, Signage Floor SF Avail Floor Contlg Bldg Contig RentVSFNr4 Sys Occupancy Term Type P 1st/ Suite 100 3,145 3,145 6.170 $8.00/fs Vacant 3 yrs Direct P 2nd ( Suite 225 3,025 3,025 6,170 $14-00/fs Vacant Negotiable Direct Copyrighted report licensed to Joseph C. Sansone Company - 200793 2525 W 16th St - Kinkade Bldg 5,-ar. Kt? rdiest or.. i4a I -•1:0.-f%v_r - - hf V C '. 4. c= • ., �r� � Y ei 4-I rw rY , or n " »_ N MI ill L�1 1 �1 l•'� � � ti r • r•• ,.. , el..% .. a. -� _ I. , .,_. I. , . Location: Kinkade Bldg Building Type: Class B Office Weld County Cluster Weld County Submarket Status: Built 1983 Weld County Stories: 2 Greeley, CO 80634 RBA: 11,980 SF Typical Floor: 5,990 SF Total Avail: 2,500 SF Developer: - % Leased: 79.1% Management: - Recorded Owner: Kinkade Professional Building Expenses: 2015 Tax @ $1.44/sf; 2010 Ops @ $1.431sf, 2011 Est Ops @ $1.861sf Parcel Number: 095912100010 Parking: 65 Surface Spaces are available; Ratio of 5.42/1,000 SF Floor SF Avafl Floor Conttg Bldg Canby Rent1SF/Yr + Sys Occupancy Term Type P 1st/ Suite C 1,250 1,250 1.250 $12.0U1mg Vacant Negotiable Direct P 1st/Suite F 1,250 1,250 1.250 $11.00/nnn Vacant Negoliabte Direct Copyrighted report licensed to Joseph C. Sansone Company - 200793. 1640 25th Ave - Cottonwood Park 1 t • - - ` i'• , ,,iti ., i, , . a a ._ _ M t. r a+ J• ,4 �, . . il 44 a r = ` p J�S� T a. .. •Imo • �,r}. Y� r ll .41 • !. ii:1 - �` - f ' w'fi ' �t ' ;' }y,,,'; '1 ;j�� 0 pry tt item,_ I a r �RA; 'II '• ��/ 4 d fir. .I-` r ��~ • r ,_�� `"� _ . _ : _ c _ 1 _ _ a - - - - _- — j __ .r - 1� ' .. • t m a•`ate Tlr. aisp.,a A Location: Weld County Cluster Building Type: Class B Officel(Neighborhood Center) Weld County Submarket Weld County Status: Built 1976 Greeley, CO 80634 Stories: 1 RBA: 5,400 SF Typical Floor: 5,400 SF Developer: Total Avail: 2,465 SF Management: 1640 Investments LLC % Leased: 100% Recorded Owner: 1640 Investments LLC Expenses: 2015 Tax @ $1.82/sf Parcel Number: 095912400003 Parking: 20 Surface Spaces are available; Ratio of 3.30/1,000 SF Floor _ SF Avati Floor cont➢g Bldg Coring Rent!SFlYr + 5vs Occupancy Term Type P 1st / Suite Unit A 1,340 1,340 1,340 $7.00/nnn 30 Days Negotiable Direct P 1st / Suite !,Unit D 1,125 1,125 1,125 $7.00/nnn 30 Days Negotiable Direct Copyrighted report licensed to Joseph C. Sansone Company - 200793. 1770 25th Ave - East Building - Cottonwood Park f r Ji• - '' Y t i, h .. •*1}'1/ t q' E , , ' i t• 1 4 ;OW' It Irs p "#; i - trill ' qil t ?. wirr I � l rir r tr. .1� , +, .. t +a;tali L V. dor L 4 Tit it ler:�rsv a - ha. rAirl = - .. 7M.a4. te' .. . �. - ;I. -VP= • Location: East Building Building Type: Class C Office/(Neighborhood Center) Weld County Cluster Weld County Submarket Status: Built 1979 Weld County Stories: 3 Greeley, CO 80634 RBA: 11,180 SF Typical Floor: 3,726 SF Total Avail: 6,000 SF Developer: - % Leased: 55.3% Management: - Recorded Owner: Shirazi & Associates Inc Expenses: 2015 Tax @ $1.48/sf; 2009 Ops @ $0.64/sf Parcel Number: 095912400016 Parking: 65 Surface Spaces are available; Ratio of 5.81/1,000 SF Amenities: Balcony Floor SF Avall Floor Contlg Bidg Contlg Rent1SFJYr ♦ Svs Occupancy Tenn Type P GRND 1,800 1,800 1,800 $3.00/+util Vacant 1-3 yrs Direct P GRND 1,000 1,000 1,000 $8.00/+util 30 Days 1-3 yrs Direct P 2nd 2,000 2,000 2,000 $8.00/+util Vacant 1-3 yrs Direct P 3rd 1,200 1,200 1,200 $8.00/+util Vacant 1-3 yrs Direct Copyrighted report licensed to Joseph C Sansone Company - 200793. Prepared for Sale One Page Report for Office Properties Presented by Zeke Sansone Joseph C. Sansone Co. (636) 537-2307 mmcdonald@jcsco.com License: jkhvhgchc 1 900 14th Street, Greeley, CO 80631 Parties to Transaction Sale Information Sale Status: Sold Sale Date: 03/31/2014 Sale Price: $325,000 ($42.03/SF) Listing Price: $325,000 Property Details Property Type: Office Property Sub -type: Medical Office Building Size: 7,732 SF Property Description Investment opportunity with redevelopment potential. Office possible retail on ground level with garden level residential units. 18 on -site parking spaces plus street parking. Located between the University of Northern Colorado and downtown Greeley. Investment income information available upon request. Broker: Notes Nick Berryman 801 8Th Street Greeley, CO 2 924 11th Street, Greeley, CO 80631 Sale Information Sale Status: Sale Date: Sale Price: Listing Price: Estimated days on LoopNet Marketplace: Sold 05/28/2013 $478,000 ($47.76/SF) $599,000 566 Property Details Property Type: Property Sub -type: Building Size: Lot Size: Office Office Building 10,009 SF 28,500 SF Property Description PRICE REDUCED! Well maintained former bank building in Downtown Greeley. Easily adaptable to professional office space. Three full service drive thru lanes with vacuum tubes, teller lines, vault, and 7 private offices. Great on -site parking for downtown property. Entire basement and 1,200 SF main level space leased to catholic church until September 2012 generates $1,200/Mo. Gross Parties to Transaction Seller: Broker: Frosh, LLC Nathan Klein 1043 Eagle Drive Loveland, CO Sale Comments Buyer: CM Holdings Greeley, LLC Cash sale Notes 4 1439 5th Street, Greeley, CO 80631 No Photo Provided Parties to Transaction Sale Information Sale Status; Sale Date: Sale Price: Sold 02/19/2013 $140,000 ($42.17/SF) Property Details Property Type: Property Sub -type: Building Size: Lot Size: APN / Parcel ID: Office Office Building 3,320 SF 0.23 Acres R2891586 Seller: SALAZAR STEVEN A Financing Comments Buyer: IMAGEN LATINA BEAUTY SALON LLC Po Box 442 Johnstown, CO Sale involved mortgage financing. Lender identified as FMS BK. Notes Parties to Transaction 5 3400 W 16th Street #v, Greeley, CO 80634 Sale Information Sale Status: Sold Sale Date: 01/02/2013 Sale Price: $585,000 ($71.90/SF) Property Details Property Type: Property Sub -type: Building Size: Lot Size: APN / Parcel ID: Office Office Building 8,136 SF 0.39 Acres R5024208 Seller: B TIMES FIVE LLC Financing Comments Buyer: BLUE WING OLIVE LLC 1822 Frontier Rd Greeley, CO Sale involved mortgage financing. Lender identified as B TIMES FIVE LLC. Notes 3 2400 W 16th Street, Greeley, CO► 80634 Sale Information Parties to Transaction Sale Status: Sale Date: Sale Price: Sold 05/14/2013 $2,500,000 ($75.09/SF) Property Details Property Type: Property Sub -type: Building Size: Lot Size: APN / Parcel ID: Office Office Building 33,293 SF 3.27 Acres R3919505 Seller: GREELEY RETAIL PARTNERS LLC Financing Comments Buyer: 2316 INVESTMENTS LLC 270 Saint Paul St #200 Denver, CO Cash Sale. Notes JOSEPH C. SANSONE COMPANY Business 7 -ax Solutions' July 15, 2016 Weld County Board of Equalization 1150 0 Street Greeley, CO 80631 RE: County Board of Equalization Notice of Determination Appeals Dear BOE Administrator: RECEIVED WELD COUNTY COMMISSIONERS Please find enclosed the signed Notice of Determinations (NOD) for the Schedule/Account Numbers that we wish to appeal to the County Board of Equalization (BOE). The enclosure also includes a list of those properties being appealed. Since we have multiple parcels within your county and we are working with multiple counties and their BCE, if it is possible, please call me prior to setting the hearing date. am requesting this so I can avoid any conflicts and set our travel plans. I can be reached directly at the following telephone number, (636) 733-5474. I appreciate your consideration of the above request. Thank you in advance for your assistance. David Suden Joseph C Sansone Company 18040 Edison Avenue Chesterfield, MO 63005 dsuden@jcsco.com 636-733-5474 Direct [Type herel Joseph C. Sansone Company BOE-STC Appeals Tax Year/Lien Year: 2016/2016 State: CO 17115080005C0 Agfinity 55 South Oak Avenue 55 South Oak Avenue Eaton, CO 80615 Lead Analyst: Local Hearing Date: Parcel ID 080306001010 1732743000100 BSC Del Camino LLC 4161 Specialty Place Weld, CO 80542 Lead Analyst: Local Hearing Date: Parcel ID 131314001000 131314001001 Filed Local Appeal State Appeal ' Local Appeal NO APPEAL Filed State Appeal NO APPEAL 17327490001CO Kaylor of Colorado 237 22nd Street Greeley, CO 80631 Lead Analyst: Local Hearing Date: Parcel ID 096117102002 17327650001CO Ritchie Bros Properties Inc 4444 Ritchie Drive Mead, CO 80504 Lead Analyst: Local Hearing Date: Parcel ID 120726301001 'Filed Local Appeal State Appeal Filed Local Appeal State Appeal 17328160001CO Windmill Child Enrichment Center 1215 Automation Drive Windsor, CO 80550 Lead Analyst: Local Hearing Date: Parcel ID 080722321002 Filed Local Appeal State Appeal 17328290001CO 4681 20th Street 4681 20th Street Greeley, CO 80634 Lead Analyst: 7/15/2016 08:47 Report Parameters: TaxYear: 2016; State: CO; JurisType: ALL; JurisName: Weld; ProdLine: Real Estate; Analyst: ALL; Level: Local; ApStatus: Filed; ActualAp: ALL Page 1 of 2 Joseph C. Sansone Company BOE-STC Appeals Tax Year/ Lien Year: 2016/2016 State: CO Local Hearing Date: Parcel ID 095911345001 Filed Local Appeal State Appeal 17328370001CO Pacifico Real Estate Holdings LLC 5700 Gateway Court Dacono, CO 80514 Lead Analyst: Local Hearing Date: Parcel ID 146702204001 Filed Local Appeal State Appeal 17329280009CO First National 1701 23rd 1701 23rd Avenue Greeley, CO 80634 Lead Analyst: Local Hearing Date: Parcel ID 095912400020 Filed Local Appeal State Appeal 7/15/2016 08:47 Report Parameters: TaxYear: 2016; State: CO; JurisType: ALL; JurisName: Weld; ProdLine: Real Estate; Analyst: ALL; Level: Local; ApStatus: Filed; ActualAp: ALL Page 2 of 2 i i i i N � .T •.. _f 12 952 ;PH C. SANSONE CO. Business Eu Solution? on Avenue 4 Sr. Louis, Missouri 63005 UNITWITE 4 For Oamestie mew Only tad lanA, ,l 20" 7013 3020 00O2 0723 91,57 Weld County Board o£ Equalization 1150 0 Street Greeley, CO 80631 '1P i )OU:f5 04 II.I17,'4 92 July 22, 2016 Petitioner: UNION COLONY BANK C/O FIRST NATIONAL BUILDING, INC 1620 DODGE ST STOP 1150 OMAHA, NE 68197-1150 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): JOSEPH C SANSONE CO 18040 EDISON AVE STE 400 CHESTERFIELD, MO 63005-3702 RE: THE BOARD OF EQUALIZATION 2016, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket #: 2016-2296, AS0094 Appeal #: 2008211218 Hearing Date: 8/4/2016 10:00 AM Account(s) Appealed: R2291686 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 Esther E. Gesick Clerk to the Board Weld County Board of County Commissioners cc: Christopher Woodruff, Assessor Hello