HomeMy WebLinkAbout20142362.tiff 1861 CLERK TO THE BOARD
PHONE (970) 336-7215, EXT 4226
.pima FAX (970) 352-0242
WEBSITE: www.co.weld.co.us
1150 O STREET
COUNTY P.O. BOX 758
GREELEY CO 80632
July 31, 2014
CEDARWOODS INVESTMENTS LLC
7251 W 20TH ST UNIT L200
GREELEY, CO 80634-4626
RE: THE BOARD OF EQUALIZATION 2014, WELD COUNTY COLORADO
APPROVAL OF STIPULATION BETWEEN PETITIONER AND ASSESSOR
ACCOUNT NO.: R6783960
Dear Petitioner:
On July 29, 2014, 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 se q.,
q q
considered your request to approve and adopt a valuation of your property arrived at by a
Stipulation between you and the Weld County Assessor, for the year 2014.
The Board of Equalization found that the evidence presented at the hearing supported the
stipulated value placed upon the above-described property as set forth below. Such evidence
indicated the value was reasonable, equitable, and derived according to the methodologies,
percentages, figures and formulas dictated by law.
ACTUAL VALUE AS STIPULATED VALUE
DETERMINED BY ASSESSOR APPROVED BY BOARD
$602,184.00 $587,100.00
The above 'Stipulated Value' is the value which will be used in the calculation of your property
taxes for 2014. This value is not appealable.
If you have questions concerning the above information, please call me at (970) 336-7215,
Ext. 4226.
Very truly yours,d„ / "'�,/
:a
Esther E. Gesick, Clerk to the Board
Weld County Board of County Commissioners
Cc: Christopher Woodruff, Weld County Assessor
2014-2362
AS0088
COUNTY BOARD OF EQUALIZATION
WELD COUNTY
Single County Schedule Number R6783960
STIPULATION (As To Tax Year_2014_Actual Value)
RE PETITION OF : Cedarwoods Investments LLC
NAME: Cedarwood II Condos
ADDRESS: 1918 64th Ave
Greeley,CO 80634
Petitioner(s)and the Weld County Assessor hereby enter into this Stipulation
regarding the tax year 2014 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:
L9 CEDARWOODS MULTI FAMILY MINOR
2. The subject property is classified as Residential property.
3. The County Assessor originally assigned the following actual value to the
subject property for the tax year 2014:
Total $602,184.00
4. After further review and negotiation;Petitioner(s) and Weld County Assessor
agree to the following tax year 2014 actual value for the subject property:
Total $587,100.00
5. The valuation,as established above, shall be binding only with respect to tax
year 2014.
6. Brief narrative as to why the reduction was made:
Site value reduced to match account R6783958.
7. Both parties agree that:
fThe hearing scheduled before the Board of Equalization on(Date)at
(Time) be vacated.
ZA hearing has not yet been scheduled before the Board of Equalization.
R6783960
1
2014-2362
• v • •
D TE is 15 day of July,2014.
etitioner o or Att me (A nt) Co 1y o ey for
y e d County� Board of
Commissione
Address: Address:
1150"O" Street
P.O. Box 758
Greeley, CO 80632
Telephone: Telephone:(970) 336-7235
Wa:fCounty Assess
Address:
1400 N.17th Avenue
Greeley, CO 80631
Telephone: (970) 353-3845 ext. 3697
Docket Number
Stip-1.Frm
R6783960
2
NOTICE OF DETERMINATION
Christopher M. Woodruff Date of Notice: 6/27/2014
Weld County Assessor Telephone: (970) 353-3845
1400 N 17th Ave Fax: (970) 304-6433
Greeley, CO 80631 Office Hours: 8:00 AM - 5:00 PM
ACCOUNT NO. TAX YEAR TAX AREA LEGAL DESCRIPTION/PHYSICAL LOCATION
R6783960 2014 2874 L9 CEDARWOODS MULTI FAMILY MINOR
1918 64 AV
w CEDARWOODS INVESTMENTS LLC GREELEY, CO 000000000
7251 W 20TH ST UNIT L200
oGREELEY, CO 806344626
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ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER
REVIEW REVIEW
RESIDENTIAL 602,184 602,184
TOTAL $602,184 $602,184
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:
AL21 - It will be necessary to physically inspect the parcel. This will be as early as possible. Based
upon information obtained during that inspection a decision will be made.
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.
RECEIVED
JUL 1 1 2014
WELD COUNTY 15-DPT-AR
COMMISSIONERS PR 207-08/13
R6783960 19574
APPEAL PROCEDURES
County Board of Equalization Hearings will be held from
July 1 through August 5 at 1400 N 17 AVE.
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 O 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 12, § 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.qov/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, 2012? (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.)
ATTESTATION
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.
Signature Telephone Number Date
Email Address
' Attach letter of authorization signed by property owner.
15-DPT-AR
PR 207-08/13
R6783960 19574
LARRY S. BUCKENDORF
ATTORNEY AT LAW
7251 W. 20TH ST., BLDG. L, STE 200 • GREELEY,COLORADO 80634 • PHONE: (970)339-8480 • FAX: (970) 339-8479
July 7,2014 RECEIVED
JUL 11 2014
VIA First Class Mail
Board of Equalization WELD COUNTY
PO Box 758 COMMISSIONERS
Greeley, CO 80522
RE: R6783953, R6783954,R6783955
R6783956, R6783957,R6783958
R6783959 and R6783960
Basis for Review:
All eight apartment buildings are identical. Each building generates the same NOI and
therefore should reflect the same assessed value. We are simply requesting that all eight
properties reflect an assessed value of$587,100 each,consistent with account no.R6783958
Should you have any questions regarding the foregoing, please do not hesitate to contact
me.
Sincerely,
Larry S l Buckendorf
Enclosure
CG Wit,)
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CONSENT TO ACTION OF THE MEMBERS AND MANAGER OF
CEDARWOODS INVESTMENTS,LLC
A COLORADO LIMITED LIABILITY COMPANY
Pursuant to the provisions of the Colorado Limited Liability Company Act, the following action is taken
by the Members and Manager of Cedarwoods Investments,LLC.
WHEREAS, it is the desire of the Members and Manager of the Company to authorize and define the
actual signatory authority of the following individuals for and on behalf of and in the name of the Company to
execute and deliver various document, therefore;
BE IT RESOLVED, that JLD Holdings, LLC and/or LB Holdings, LLC and/or Jeff Demaske and/or
Larry S. Buckendorf, each in its/their single or individual capacity, is authorized for and on behalf of and in the
name of the Company to execute and deliver any and all documents deemed necessary, required and associated
with a sale and purchase of real estate, financing documentation closing documents including, but not limited to,
any of the following instruments; contracts of purchase or sale, warranty deeds, deeds, deeds of trust, mortgages,
promissory notes, assumption documents, transfer of escrow funds and insurance policies, closing and
settlement statements and all other documents relative thereto.
BE IT FURTHER RESOLVED, that any and all acts authorized pursuant to this Resolution are hereby
ratified and approved and that this Resolution shall remain at full force and effect and a title company or lender
may rely on such Resolution until written notice of its revocation shall have been delivered to and received by
any such entity. Any such notice shall not affect any of the Company's agreements or commitments in affect at
the time notice is given or in affect at the time this Resolution was ratified and approved.
IN WITNESS WHEREOF, the undersigned, constituting the Members and Manager of the Company
has executed this Consent to Action of the Members and Manager on the date set forth after its respective name.
RECEIVED JLD Holdings,LLC a Colorado
limited liability company
JUL 1 1 2014
WELD COUNTY
G
COMMISSIONER By:
J .Demaske \ Date
Its: Member/Manager
LB Holdings,LLC a Colorado
limited liability company
By: /l Z
Larry S. Bu en Date
Its: Me er/Manager
•
3972099 Pages: 1 of 1
10/21/2013 12:03 PM R Fee:$11.00
Steve Moreno, Clerk
L and
t Recorder
f, Weld RCounty,
CO
g� �
Aker Recording Return ter .III Wen MAN I IIsM1I«gYll lilY111�IIYg�RYA ,III
tednwoods Investments,Lit
7251 wen 11M'Street
Want t.Suite we
Greeley,CO 1063e
STATEMENT OF AUTHORITY
Pursuant to C.R.S. §38-30-172,the undersigned hereby executes this Statement of Authority
on behalf of Cedarwoods Investments,LLC,a Colorado limited liability company
an entity other than an individual,capable of holding title to real property(the"Entity"),and
states as follows:
The name of the Entity Is: Cedarwoods Investments. LLC
The Entity is a: Colorado limited liability company
(state type of entity and state,country or other government authority under whose laws such
entity was formed)
The mailing address for the Entity is: 7251 West 20t"Street,Buildine L.Suite 200.Greeley.CO
80634
The name or position of the person(s) authorized to execute instruments conveying,
encumbering,or otherwise affecting title to real property on behalf of the Entity is:
Members: JLD Holdings, LLC, and/or LB Holdings, LLC and/or Jeff Demaske and/or
Larry S. Buckendorf, each in its/their single or individual capacity
The limitations upon the authority of the person named above or holding the position
described above to bind the Entity are as follows: None
(if no limitations Insert"NONE")
Other matters concerning the manner in which the Entity deals with any interest in real
property are:
(if no matters,leave this section blank)
EXECUTED this October I5,2013
BUYER: RECEIVED
JUL 1 1 2C14
Cedarwoo nvestmen , y: WELD COUNTY
COMMISSIONERS
STATE OF COLORADO }SS:
COUNTY OF Weld
The foregoing instrument was acknowledged before me this £Ceocr 1
ie
by 1 a (Y V 5. R 0.L k t nice f on behalf of Cedarw,00ds investments,LLc
Witness my hand and official seal.
My commission expires: ('Zt.2C Lp
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SOTARY
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