HomeMy WebLinkAbout20152511 BOARD OF ASSESSMENT APPEALS
STATE OF COLORADO
NOTICE OF HEARING
SCHEDULE NO. R3919505 DOCKET NO. 66443
Petitioner(s): Tax Year(s): 2015
2316 INVESTMENTS LLC RECEIVED
V.
Respondent: OCT 2 9 2015
WELD COUNTY BOARD OF EQUALIZATION WELD COUNTY
COMMISSIONERS
The Board of Assessment Appeals will hear the above-captioned matter:
Date: March 8, 2016
Time: 8:30 AM Mountain Time on a trailing docket
Location: 1313 Sherman Street
Room 315, 3rd Floor
Denver, CO 80203
Time Allocated: 2 hour(s) per side
PLEASE TAKE NOTICE:
The Board of Assessment Appeals uses a one-day modified trailing docket. Several cases are
scheduled for hearing at 8:30 am each day. Cases are heard in the order determined by the Board, with
the first case commencing at 8:30 am. At the completion of the first case on the docket, the Board hears
the second case on the docket. The Board proceeds through the docket in this manner until all cases
have been heard or until insufficient time remains to fully hear the remaining cases on the docket. Cases
not heard will be continued to another day.
You are required to appear for your hearing at 8:30 am on the date noted above and remain until your
case is heard or continued, unless the Board removes your case from the trailing docket and schedules
your case for a specific time later in the day. A list of cases removed from the trailing docket will be
available at least one week prior to the hearing date. If your case is removed from the trailing docket,
you are required to appear at the specific time scheduled by the Board. Please check the Hearing
Schedule on the Board's web page (www.dola.state.co.us/baa/index.htm) or call (303) 864-7711
within one week prior to your hearing date to determine if your hearing has been scheduled for a
specific time on the hearing date.
If the Petitioner is a closely held entity as defined in CRS 13-1-127, the Petitioner must be represented by
either an attorney licensed in Colorado or an officer of the entity. If the Petitioner is a domestic or foreign
entity that is not closely held, as defined in CRS 7-90-102, an attorney licensed in Colorado must
represent the entity in all legal proceedings before the Board.
Pursuant to Board Rule 11, documentary evidence and witness lists must be received by the
Board and the opposing party no later than February 23, 2016. If this date falls on a State
Holiday, the documentary evidence and witness lists are due the following working day.
Petitioner's Representative of Record: Mailed: October 23, 2015
STEVENS &ASSOCIATES INC
TODD J. STEVENS
9635 MAROON CIRCLE, SUITE 450
ENGLEWOOD, CO 80112
I — 21 o?o�s- CC 1b//9 /5-a51/
i3sc /
For Office Use Only
PETITION TO STATE BOARD OF ASSESSMENT APPEALS
1313 Sherman Street, Room 315 Phone: (303) 866-5880 Docket No.
Denver, Colorado 80203 Fax: (303) 866-4485
Fee: Y N
September 1, 2015
Date: Check/Credit Card#
P F H
Property Owner: 2316 Investments LLC RECEIVED
Subject Property: 2400 W 16th Street Greeley SEP O 8 2015
Street Address City
Schedule Number(s): R3919505 WELD COUNTY
Attach separate sheet if necessary COMMISSIONERS
Weld MBoard of Equalization
Appeals the decision of the ❑Board of Commissioners Dated: August 6,2015
County ❑State Property Tax Administrator
This Appeal concerns: ® Valuation ❑Refund/Abatement ❑Exemption ❑State Assessed Tax Year: 2015
The subject property is currently classified as:
El Agricultural ®Commercial ❑Exempt ❑Industrial ❑Mixed Use ❑Natural Resources
❑Oil & Gas ❑Personal ❑Possessory ❑Producing CI Residential ❑State Assessed
❑Vacant Land Interest Mines
Actual Value assigned to subject property: $2,496,975 Petitioner's estimate of value: $1,800,000
Estimated time for Petitioner to present the appeal: minutes or 2.0 hours.
Not less than 30 minutes. Board will allow equal time to County or Property Tax Administrator.
Appearance:
❑Petitioner will be present at the hearing ❑Petitioner will appear by telephone
®Petitioner will be represented by an agent Petitioner is responsible for calling the Board at 303-866-5880
❑Petitioner will be represented by an attorney on the scheduled date and time of hearing(Mountain Time Zone)
El Petitioner would like to appear by video conference
Petitioner must contact the Board at 303-866-5880 at least 20 days in advance
of the scheduled hearing to confirm availability of video conference equipment.is
responsible for calling the Board at 303-866-5880
If the property owner is an entity, it must appear under the representation of an attorney licenses in Colorado except as follows. A closely held
entity may be represented by an officer of the entity as long as the amount in controversy does not exceed$10,000,exclusive of costs,interest
or statutory penalties.A closely held entity can have no more than three owners. See Section§13-1-127,C.R.S.A closely held entity that will
be represented by an officer of the entity must provide a letter to the Board with this petition stating that it has no more than three
owners and that the tax amount at issue does not exceed$10,000.A trust filing a petition after 12/31/2010 must be represented by an
attorney and must pay a$101.25 filing fee.
Filing Fee:
El None Petitioner is appearing pro se (self-represented) and has not filed more than two Petitions with the Board
of Assessment Appeals during this fiscal year(July 1 -June 30).
❑ $33.75 Petitioner is appearing pro se (self-represented) and has filed more than two Petitions with the Board of
Assessment Appeals during this fiscal year(July 1 -June 30).
®$101.25 Petitioner will be represented by an agent or by an attorney.
In the space below, please explain why you disagree with the value assigned to the subject property
The assessor did not properly consider the Cost, Market and Income approaches to value or aspects of the property in question.
C►,Ommitr i .43+1.01 .2015- 22511
c c: G1.eeA1/4..9/9 As 009i
Required attachments to this form:
❑ Assessor's or Property Tax Administrator's Notice of Valuation or Notice of Denial
® Decision of County Board of Equalization, County Board of Commissioners or Property Tax Administrator
Attachments required under certain circumstances:
® A notarized Letter of Authorization if an agent will be representing Petitioner
❑ A list of names, last known addresses and telephone numbers of co-owners or parties directly interested in the subject
property if applicable.
Certificate of Service
I hereby certify that a true and correct copy of the foregoing Petition to the State Board of Assessment Appeals and
attachments were mailed, faxed or hand delivered to:
®Board of Equalization
Weld ❑Board of Commissioners
county El State Property Tax Administrator
at the following address: 1150 O. Street, P.O. Box 758 Greeley, CO 80632
on September 1, 2015
Date
I hereby certify that a true and correct copy of the foregoing Petition to the State Board of Assessment Appeals and
attachments were mailed, faxed or hand delivered to all co-owners or parties directly interested in the subject property
on
Date
I hereby certify that four(4) true and correct copies of the foregoing Petition to the State Board of Assessment Appeals
and attachments were mailed or hand delivered to the Board of Assessment Appeals at 1313 Sherman Street, Room
315, Denver, CO 80203 on
September 1, 2015
Date
(One copy may be faxed to the Board but the original and two additional copies must be mailed or hand delivered.)
Petitioner's Mailing Address is Required Even if Petitioner is Represented by An Agent or Attorney(per C.R.S. 39-8-109)
A ---
Signature of Agent ® or Attorney ❑ Signature of Petitioner
9 9
Todd J. Stevens 2316 Investments LLC
Printed Name Printed Name
9635 Maroon Circle Suite 450 270 Saint Paul St, Ste. 200
Mailing Address Mailing Address
Englewood., Colorado 8011? Denver, CO 8020E
City, State, Zip Code City, State, Zip Code
Telephone: (303)347-1878 Telephone: (303)347-1878
Daytime number
E-Mail:todd@stevensandassoc.com E-Mail: todd@stevensandassoc.com
Attorney Reg. No.: It is the Petitioner's responsibility to notify the BAA of any change
of address.
Petitioners are strongly encouraged to read the Instructions and Rules of the Board of Assessment Appeals prior to completing this Petition Form. The
Instructions and Rules are available on the Web at www.dola.Colorado.gov/baa or may be requested by phone at 303-866-5880.
Property Tax Consultant-Agency Agreement
Owner Address: 270 St Paul St 200, Denver, CO 80206
Property Address/Legal Description/Schedule#: See Attached exhibit A
Consultant/Agent:Stevens&Associates Cost Reduction Specialists, Inc.
I/We Windy River Retail LLC,Windy River Retail II LLC,Windy River Retail 3 LLC, 2316 Investments LLC, 2903
Investments LLC,L& P Investments LLC, L&L One LLC, 1556 Investments LLC, HV Investments LLC, PV Investments
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.
Thus done and executed on this h day of March 2015.
Agreed By:
Windy River Retail LLC, Windy River Retail II LLC, Windy River Retail 3 LLC,2316 Investments LLC,2903 Investments
LLC, L& P Investments LLC, L&L One LLC, 1556 Investments LLC, HV Investments LLC, PV Investments LLC
By:
Z25)
Richard Campbell
Title: Managing Member STATE OF CaVraci
The Foregoing instrument was acknowledged before me}
This '``'day of JY wrA,1 , (G
Please Direct all correspondence/refunds to:
By: Richard Campbell
Stevens&Associates/Inc.
9635 Maroon Cir, Suite 450 Witness my hand and official seal.
Englewood, Colorado 80112
�1
my ofnmSsion a res: ' ( 2,71
Notary Public Notary Signature
CHELSEA NICOLE DANIELSON
NOTARY PUBLIC
STATE OF COLORADO
NOTARY ID 20144003339
MY COMMISSION EXPIRES JANUARY 27,2018
Exhibit A
Windy River Retail LLC
7376 McLaughlin Rd
El Paso County Schedule#
4307202022
Windy River Retail II LLC
1057 S Wadsworth Blvd
Jefferson County Parcel I Schedule#
49-143-03-034/059357
Windy River Retail 3 LLC
10251 W Bowles Ave
Jefferson County Parcel/Schedule#
59-164-12-004/158423
2316 Investments LLC
2400 W 16th St
Weld County Parcel/Account#
095912428001 /R3919505
2903 Investments LLC
2903 37 St
Weld County Parcel/Account#
095924337002/R4471806
L&P Investments LLC
12501 E Lincoln Ave
Douglas County Parcel/Account#
2231-123-06-001 /R0465345
L&L One LLC
12155 Lioness Way
Douglas County Parcel/Account#
2231-132-01-016/R0465588
1556 Investnnnts LLC
15550 East 6 Ave
Arapahoe County Parcel/Account#
1975-08-2-39-002/035067785
HV Investments LLC
15132 E Hampden Ave
Arapahoe County Parcel/Account#
2073-06-1-25-004/034707441
PV Investments LLC
2767 S Parker Rd
Arapahoe County Parcel/Account#
1973-35-2-37-003 1033707168
CLERK TO THE BOARD
\ 1861 / PHONE (970) 336-7215, EXT 4226
41r4) FAX (970) 352-0242
pi
+ WEBSITE: www.co.weld.co.us
1150 O STREET
J / P.O. BOX 758
_ G O
L) N -�- Y / GREELEY CO 80632
August 5, 2015
2316 INVESTMENTS LLC
270 SAINT PAUL ST STE 200
DENVER, CO 80206-5133
RE: THE BOARD OF EQUALIZATION 2015, WELD COUNTY, COLORADO
ADMINISTRATIVE DENIAL OF PETITIONER'S APPEAL AND AFFIRMATION OF
ASSESSOR'S VALUE
ACCOUNT NO.: R3919505
Dear Petitioner:
On July 30, 2015, 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 your request for an Administrative Denial of your petition for appeal of the Weld
County Assessor's valuation of your property described above, for the year 2015.
The Assessment and valuation is set as follows:
ACTUAL VALUE AS ACTUAL VALUE AS
DETERMINED BY ASSESSOR SET BY BOARD
$2,496,975.00 $2,496,975.00
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.
2015-2511
AS0091
All appeals to the Board of Assessment Appeals filed after August 10, 2015, MUST
comply with the following provisions of C.R.S. Section 39-8-107(5):
(5)(a)(I) On and after August 10, 2015, 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.
2015-2511
AS0091
,
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: 303-866-5880
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.
2015-2511
AS0091
If you have questions concerning the above information, please call me at (970) 336-7215,
Ext. 4226.
Very truly yours, r &
Esther E. Gesick, Clerk to the Board
Weld County Board of County Commissioners
Cc: Christopher Woodruff, Weld County Assessor
STEVENS & ASSOCIATES COST REDUCTION SPEC
9635 MAROON CIRCLE SUITE 450
ENGLEWOOD, CO 80112-5902
2015-2511
AS0091
Esther Gesick
From: Courtney Anaya
Sent: Monday, July 27, 2015 1:47 PM
To: Esther Gesick; Rafaela Martinez
Subject: FW: R3919505 2316 Investments LLC
Another Admin Denial..
Courtney Anaya
Analyst
Weld County Assessor's Office
(970) 353-3845 ext. 3670
canaya@weldgov.com
V I
Confidentiality Notice:This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed
and may contain information that is privileged,confidential or otherwise protected from disclosure.If you have received this communication in error,please
immediately notify sender by return e-mail and destroy the communication.Any disclosure,copying,distribution or the taking of any action concerning the contents
of this communication or any attachments by anyone other than the named recipient is strictly prohibited.
From: Susan Gundry
Sent: Monday, July 27, 2015 12:55 PM
To: Courtney Anaya
Subject: FW: R3919505 2316 Investments LLC
Here is an Admin Denial.
Thanks,
Susan Gundry
Property Appraiser
Commercial Division
Weld County Assessor's Office
1400 N. 17th Avenue
Greeley, CO 80631
970-353-3845 ext. 3676
t.
ti r
fir f 1
Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for
the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise
protected from disclosure. If you have received this communication in error, please immediately notify sender by return
adA' �� 2015-2511
450,9/
e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the
contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited.
From: Staci White [mailto:staciw@stevensandassoc.com]
Sent: Monday, July 27, 2015 12:47 PM
To: Susan Gundry
Cc: Carol Hughett; Beth Diehl
Subject: FW: R3919505 2316 Investments LLC
Good afternoon Susan.
We will take an administrative denial for this property. Thank you for your assistance.
Sincerely,
Staci White
From: Carol Hughett
Sent: Monday, July 27, 2015 9:35 AM
To: Beth Diehl; Staci White
Subject: FW: R3919505 2316 Investments LLC
Carol Hughett
Operations Manager
Stevens & Associates
9635 Maroon Circle, Ste 450
Englewood, CO 80112
303/347-1878 ext 1087
fax 303/347-9242
2
Visit us at www.stevensandassoc.com
Specializing in: Property, Sales and Use Tax Reductions for the Commercial and Industrial Client
From: Susan Gundry [mailto:sgundry@co.weld.co.us]
Sent: Monday, July 27, 2015 9:34 AM
To: Carol Hughett<carolh a,stevensandassoc.com>
Subject: R3919505 2316 Investments LLC
Good morning Carol,
I am just inquiring into whether you received my previous email regarding the subject located at 2400 W 16th St
in Greeley.
This subject sold within the base period for$2,500,000. I have the subjects sale along with other market sales
of similar properties which support the value. You have requested a value of$1,800,000. Please provide the
income and expense information for the subject.
We do have this appeal scheduled for Friday at 3:30.
Thanks,
Susan Gundry
Property Appraiser
Commercial Division
Weld County Assessor's Office
1400 N 17th Avenue
Greeley, CO 80631
3
970-353-3845 ext. 3676
ti
Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended
only for the person or entity to which it is addressed and may contain information that is privileged, confidential
or otherwise protected from disclosure. If you have received this communication in error,please immediately
notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the
taking of any action concerning the contents of this communication or any attachments by anyone other than the
named recipient is strictly prohibited.
4
CLERK TO THE BOARD
1861 / PHONE (970) 336-7215, EXT 4226
FAX (970) 352-0242
1-371m WEBSITE: www.co.weldc .us1150 O STETP.O. BOX 758
r lt _ GREELEY CO 80632
}� UNTY
G O
July 23, 2015
2316 INVESTMENTS LLC
270 SAINT PAUL ST STE 200
DENVER, CO 802065133
Account No.: R3919505
Dear Petitioner(s):
The Weld County Board of Equalization has set a date of July 31, 2015, at or about the hour of
3:30 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, 2015, and mailed to you on or before August 12, 2015.
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.
AS0091
2316 INVESTMENTS LLC - R3919505
Page 2
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
STEVENS & ASSOCIATES COST REDUCTION SPEC
9635 MAROON CIRCLE SUITE 450
ENGLEWOOD, CO 801125902
AS0091
NOTICE OF DETERMINATION
RECEIVED
Christopher M. Woodruff Date of Notice: 6/30/2015
Weld County Assessor JUL 17 2015 Telephone: (970) 353-3845
1400 N 17th Ave Fax: (970) 304-6433
Greeley, CO 80631 WELD COUNTY Office Hours: 8:00AM- 5:00PM
COMMISSIONERS
EGAL DESCRIPTION/PHYSICAL LOCATION
ACCOUNT NO. TAX YEAR TAX AREA
R3919505 2015 0600 GR CS L1 BLK1 COTTONWOOD SQUARE
w 2316 INVESTMENTS LLC 2400 W 16 ST
270 SAINT PAUL ST STE 200 GREELEY,CO 000000000
DENVER,CO 80206-5133
cc
W
a
O
GC
a
ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER
REVIEW REVIEW
COMMERCIAL 2,496,975 2,496,975
TOTAL $2,496,975 $2,496,975
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:
CM06- The Assessor staff has requested additional information to properly review your property's
value. Because we have not received this information, we have no choice but to deny any
adjustments.
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
CLVN 1/17
IkSooq,
APPEAL PROCEDURES
County Board of Equalization Hearings will be held from
July 29 through August 5 at 1150 O Street.
To appeal the Assessor's decision, complete the Petition to the County Board of Equalization shown
below, and mail or deliver a copy of both sides.of this form to:
Weld County Board of Equalization
1150 0 Street, P.O. Box 758
Greeley, CO 80631
Telephone: (970) 356-4000 ext, 4225
To preserve your appeal rights, your Petition to the County Board of Equalization must be
postmarked or delivered on or before July 15 for real property — after such date, your right to
appeal is lost. You may be required to prove that you filed a timely appeal; therefore, we
recommend that all correspondence be mailed with proof of mailing.
You will be notified of the date and time scheduled for your hearing. The County Board of
Equalization must mail a written decision to you within five business days following the date of the
decision. The County Board of Equalization must conclude hearings and render decisions by August
5, § 39-8-107(2), C.R.S. If you do not receive a decision from the County Board of Equalization and
you wish to continue your appeal, you must file an appeal with the Board of Assessment Appeals by
September 10, § 39-2-125(1)(e), C.R.S.
If you are dissatisfied with the County Board of Equalization's decision and you wish to continue your
appeal, you must appeal within 30 days of the date of the County Board's written decision to ONE of
the following:
Board of Assessment Appeals District Court
1313 Sherman Street, Room 315 Contact the District Court in the County
Denver, CO 80203 where the property is located. See your
(303) 866-5880 local telephone book for the address and
www.dola.colorado.aov/baa telephone number.
Binding Arbitration
For a list of arbitrators, contact the County Commissioners at the address listed for the County Board
of Equalization.
If the date for filing any report, schedule, claim, tax return, statement, remittance, or other document
falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed
on the next business day, § 39-1-120(3), C.R.S.
PETITION TO COUNTY BOARD OF EQUALIZATION
What is your estimate of the property's value as of June 30, 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.)
$ 1,800.000
What is the basis for your estimate of value or your reason for requesting a review? (Please attach
additional sheets as necessary and any supporting documentation, i.e., comparable sales, rent roll, original
installed cost, appraisal, etc.)
The assessor did not properly consider the market,cost,or income approaches to value or aspects
of the property in question.
ATTESTATION. 1
I, the undersigned owner or agent' of the property identified above, affirm that the statements contained herein
and on any attachments hereto are true and complete.
(303)347-1878 07/06/2015
Signature Telephone Number Date
todd@stevensandassoc.com
Email Address
' Attach letter of authorization signed by property owner.
15-DPT-AR
PR 207-08/13
R3919505 8429969
Property Tax Consultant-Agency Agreement
Owner Address: 270 St Paul St 200, Denver, CO 80206
Property Address/Legal Description/Schedule#: See Attached exhibit A
ConsultanUAgent:Stevens&Associates Cost Reduction Specialists, Inc.
I/We Windy River Retail LLC,Windy River Retail II LLC,Windy River Retail 3 LLC,2316 Investments LLC, 2903
Investments LLC,L& P Investments LLC, L&L One LLC, 1556 Investments LLC, HV Investments LLC, PV Investments
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.
Thus done and executed on this h day of March 2015.
Agreed By:
Windy River Retail LLC, Windy River Retail II LLC, Windy River Retail 3 LLC, 2316 Investments LLC,2903 Investments
LLC, L& P Investments LLC,L&L One LLC, 1556 Investments LLC, HV Investments LLC, PV Investments LLC
,tni)
By:
Richard Campbell
Title: Managing Member
STATE OF cat C'r l�`U
The foregoing instrument was acknowledged before me)
This ' 'day of f 'rA . . 1G
Please Direct all correspondence/refunds to:
By: Richard Campbell
Stevens&Associates/Inc.
9635 Maroon Cir, Suite 450 Witness my hand and official seal.
Englewood, Colorado 80112
my form sion a res: 1 ( 7
Notary Pubic Notary Signature
CHELSEA NICOLE DANIELSON
NOTARY PUBLIC
STATE OF COLORADO
NOTARY ID 20144003339
MY COMMISSION EXPIRES JANUARY 27,2018
Exhibit A
Windy River Retail LLC
7376 McLaughlin Rd
El Paso County Schedule#
4307202022
Windy River Retail II LLC
1057 S Wadsworth Blvd
Jefferson County Parcel/Schedule#
49-143-03-034/059357
Windy River Retail 3 LLC
10251 W Bowles Ave
Jefferson County Parcel/Schedule#
59-164-12-004/158423
2316 Investments LLC
2400 W 1en St
Weld County Parcel/Account#
095912428001 /R3919505
2903 Investments LLC
2903 37 St
Weld County Parcel/Account#
095924337002/R4471806
L&P Investments LLC
12501 E Lincoln Ave
Douglas County Parcel/Account#
2231-123-06-001 /R0465345
L&L One LLC
12155 Lioness Way
Douglas County Parcel/Account#
2231-132-01-016/R0465588
1556 Investnints LLC
15550 East tr Ave
Arapahoe County Parcel/Account#
1975-08-2-39-002/035067785
HV Investments LLC
15132 E Hampden Ave
Arapahoe County Parcel/Account#
2073-06-1-25-004/034707441
PV Investments LLC
2767 S Parker Rd
Arapahoe County Parcel I Account#
1973-35-2-37-003/033707168
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9635 Maroon Circle, Suite 450 SHIP
Englewood, Colorado 80112rt.::).'
Weld County Board of EqualizationO1
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Greeley, CO 80632
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