HomeMy WebLinkAboutR10-050 Assessor Generated Abatement Petitions• Commissioner moved adoption of the followin solution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO Resolution No. 2010 - ~w RESOLUTION CONCERNING ASSESSOR GENERATED PETITIONS FOR ABATEMENTS AND REFUNDS OF TAXES BEFORE THE EAGLE COUNTY BOARD OF COUNTY COMMISSIONERS WHEREAS, the Board of County Commissioners for Eagle County, Colorado (hereinafter referred to as the "Board") is responsible for hearing petitions for refunds or abatement of property taxes pursuant to C.R.S. §§ 39-1-113 and 39-10-114; and WHEREAS, various petitions for abatement have been submitted to the Board by the Eagle County Assessor (the "Assessor") for the purposes of correcting erroneous valuations for assessment, irregularity in levying, clerical errors and/or overvaluations discovered by the Assessor; and WHEREAS, the Board has considered the recommendations of the Assessor with respect to the abatement petitions submitted by the Assessor, and such recommendationsare attached hereto as Exhibit "A," attached hereto and incorporated herein by this reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Eagle County, Colorado, THAT, the Board hereby approves the recommendations of the Assessor for the schedule numbers, the tax years and the reasons set forth in the Assessor's recommendations attached hereto as Exhibit "A" and enters orders with respect to the petitions for abatement in accordance with such recommendations. THAT, for each order issued by the Board in which an adjustment to the respective Petitioners' valuation is indicated, subject to approval by the State Property Tax Administrator where required by the terms of C.R.S. § 39-1-113(3), the Board directs the Assessor to adjust the valuation or take such other action as more particularly set forth in the recommendations set forth and attached hereto as Exhibit "A." • • MOVED, READ AND ADOPTED by the Board of Coun Commissioners of the County of Eagle, State of Colorado at its regular meeting held the ~ day of , 2010. COUNTY OF EAGLE, STATE OF COLORADO BY AND THROUGH ITS BOARD OF COUNTY COMMISSIONERS Sara J. Fisher, ATTEST: ,~' ~d~~""`y ~ _ * * .~~ Teak J. Simonto ,Clerk to the c~caa~-°° Board of County Commissioners Peter F. Runyon, C Commissioner seconded adoption of the foregoing resolution. The roll having been called, the vote was follows: Commissioner Sara J. Fisher Commissioner Jon Stavney Commissioner Peter F. Runyon a II ~TEMENT RECOMMENDATION ~ II ASSESSOR GENERATID xx ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN-CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Sandy Skiles Date: 4 5.2010 Owner: Big Quail Real Estate Holdings LLC, Roger Pack Schedule #: R051911 Parcel#: 2107-174-04-001 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial xx Approval as Submitted Abatement/Refund different than requested (Approval in part) Assessment Rate: Classification: 29~ 100- Vacant Land TAX YEAR 2009 TAX Y£sAR TAC SC170 Mill Rate 103.1230 TAC Mill Rate Actual Assd Taxes Actual Assd Taxes Orig: _1,400,000_ ~406,000~ 41,867.92 Orig: Corr: 658,000 190,820 19,677.92 Corr: Abate: 742,000 215,180 22,190.00 Abate: The basis of the recommendation is: Based on information discovered while working a 2007 / 2008 abatement it was found that the Assessor's value was inflated. The location adjustment has been corrected to better reflect sales with in the Cordillera Territories and Summit neighborhoods. This abatement is for the 2009 tax year. Appraisal Manager Approval: ~ Assessor Approval: G:\DOCS\Forms\ABATREC2.FRM rev. 08/18/09 jmc ~~ .r II A~EMENT RECOMMENDATION ~ II ASSESSOR GENERATED- X ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN-CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Shannon Hurst Date: April 13, 2010 Owner: Eagle River Land Co Inc Schedule #: R042611 Parcel#: 1939-293-06-020 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial x Approval as Submitted Abatement/Refund different than requested (Approval in part) Assessment Rate: 29 Classification: TAX YEAR 2008 TAX YEAR 2009 TAC 5C046 Mill Rate 54.940 ~ TAC SC046 Mill Rate 53.6090 Actual Assd Taxes Actual Assd Taxes Orig: $162,180 $47,030 $2,583.84 Orig: $184,790 $53,590 $2,872.92 Corr: $ 60,000 $17,400 $ 955.96 Corr: $.60,000 $17,400 $ 932.80 Abate: $102,180 $29,630 $1,627.88 Abate: $124,790 $36,190 $1,940.12 The basis of the recommendation is: The developer of Eby Creek called yesterday concerning the valuation of this lot. This lot was included in the amended plat but excluded from the legal description. Also, a small part of this lot was carved out for the Town of Eagle water tank. I spoke with Bob in Community Development and he confirmed that this lot is unbuildable and no building permit would be filed until a new plat is recorded. At the time that a new plat is recorded, this lot will become buildable and the valuation will be increased. Appraisal Manager Approval:~~j ~'g~~~~11' Assessor Approval: ~~~P~~~7 G;\DOCS\Forms\ABATREC2.FRM rev. 08/18/09 jmc II A~['EMENT RECOMMENDATION ~ II ASSESSOR GENERATED X ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN-CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Lee Martens Date: February 19, 2010 Owner: Craig Folson Schedule #: R015165 Parcel#: 2105-124-00-007 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial X Approval as Submitted Abatement/Refund different than requested (Approval in part) Assessment Rate: 29 TAX YEAR 2008 (TAC SC044 Mill Rate 55.682 Assessed Tax Value Amount (Original: $736,230 $40,994.76 TAX YEAR 2009 TAC SC044 Mill Rate 54.147 Assessed Tax Value Amount Original: ,981,640 $53,152.88_ (Corrected: 331,300 18,447.46 ' Corrected: 441,740_ 23,918.90 Abate/Refund: $404,930 $22,547.30 ' Abate/Refund: $539,900 $29,233.98 The basis of the recommendation is: The assessors office discovered that this parcel was being valued as if all 21.5 acres were usable. The topography of the parcel is a very steep hillside with some usable land next to highway 6 in the Town of Avon. A discussion with the Community Development Department in the Town of Avon found that they only considered approximately 4.1 to 4.2 acres to be usable for development purposes. A physical adjustment was applied to the parcel to get to the approximate value of 4 acres of usable land plus excess land. Pursuant to CRS 39-1-114, this abatement should be granted due to erroneous valuation. Appraisal Manager Approval: ,, ~ ~~ ~~ Assessor Approval: i`f~ ,~'~ G:\DOCS\Forms\ABATREC2.FRM rev. 08/18/09 jmc A MENT RECOMMENDATION ASSESSOR GENERATED XX ADMIN CHANGE YES / NO TAXPAYER GENERATED ADMIN-CHANGED BY DATE CHANGED To: Mark Chapin, Eagle County Assessor From: Shannon G Hurst Date: April 21, 2010 Owner: Malia Cox & Leonard J Nobre a Schedule #: R059166 Parcel#: 2109-152-08-003 The appraisal section has completed its review of the referenced property as of this date and hereby submits it's findings & recommendations as stated below: Denial X Approval as Submitted Abatement/Refund different than requested (Approval in part) Assessment Rate: 7.96 Classification: Residential TAX YEAR 2009 TAC SC168 Mill Rate 85.7880 ~ TAC Actual Assd Taxes ~ Actual Orig: $1,321,360 $105,180 $9,023.20 Orig: Corr: $ 613,000 $ 48,790 $4,185.60 Corr: Abate:$ 708,360 $ 56,390 $4,837.60 Abate: Mill Rate Assd Taxes The basis of the recommendation is: The above property was only 50% complete as of January 1, 2009. The owner purchased this property and then finished the construction. The attached documentation shows that he took out a construction loan for $850,000 of which $700,000 was for finishing the residence. The owner also submitted two fee appraisals to be used as supporting documentation. I used the $700,000 as a cost to cure and deducted this from the original value of $1,321,360 and settled with the petitioner at $613,000. I would recommend approval of this abatement. f Appraisal Manager Approval :~, `1''~\~ ((~ Assessor Approval :~~~ TAX YEAR G:\DOCS\Forms\ABATREC2.FRM rev. 08/18/09~jmc