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HomeMy WebLinkAboutR16-059 Assessor Generated Petition for Abatement and Refund of Taxes Commissioner moved adoption of the following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO Resolution No. 2016- Cj q RESOLUTION CONCERNING AN ASSESSOR GENERATED PETITION FOR ABATEMENT AND REFUND 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 refund or abatement of property taxes pursuant to C.R.S. §§ 39-1-113 and 39-10-114; and WHEREAS, a petition for abatement has been submitted to the Board by the Eagle County Assessor (the "Assessor") for the purpose of correcting erroneous valuation for assessment, irregularity in levying, clerical errors and/or overvaluations discovered by the Assessor; and WHEREAS,the Board has considered the recommendation of the Assessor with respect to the abatement petition submitted by the Assessor, and such recommendation is attached hereto as Exhibit "A," and incorporated herein by this reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Eagie County, Colorado, THAT, the Board hereby approves the recommendation of the Assessor for the schedule number, the tax year and the reason set forth in the Assessor's recommendation attached hereto as Exhibit "A"and enters an order with respect to the petition for abatement in accordance with such recommendation. 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 recommendation set forth and attached hereto as Exhibit "A." ��' .,..• y.1(i . FIRM :y: Eagie County A-orney's Office By: Eagle County Commissioners'Office MOVED, READ AND ADOPTED by the Board of County Commissioners of the County of Eagle, State of Colorado at its regular meeting held the 7-4 day of J U t,ti , 2016. COUNTY OF EAGLE, STATE OF d' % COLORADO, By and Through Its 'OARD OF COUNTY COMMISSIONERS ATTEST: -t via-K- Lv(l v.c�€ 10 * �o .:y: Q Clerk to the.:oard of °twit, nne McQueen County Commissi Hers 117%-t '. F ian . Rya. Co a ion r tit�,. he 41!11.4 , ' Alt Kathy C dler-Henry Commissioner (. Commissioner4/os..QLut-- -11144" seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner McQueeney 4.4 Commissioner Ryan 4-.4 Commissioner Chandler-Henry 4-14 This Resolution passed by /0 vote of the Board of County Commissioner of the County of Eagle, State of Colorado. • 2 1- ABATEMENT RECOMMENDATIONS ASSESSOR GENERATED X TAXPAYER GENERATED To: Mark Chapin, Eagle County Assessor From: John Zimmerman Date: 30-Jun-16 Owner: 211 Eagle Road LLC Schedule 44: R027091 Tax Parcel 44: 2103-172-01-002 The appraisal section has completed its review of the referenced property as of this date and here submits it's findings and recommendations as stated below: Denial X Approval as Submitted Abatement/Refund different than requested(Approval in part) Assessment Rate: 29.00% TAX YEAR 2015 TAX YEAR Tax Area: SC037 Mill Rate: 67.605 Tax Area: Mill Rate: Actual Assessed Taxes Actual Assessed Taxes Orig: $4,600,390 $1,334,120 $90,193.20 Orig: Corr: $3,861,900 $1,119,960 $75,714.90 Corr: Abate: $738,490 $214,160 $14,478.30 Abate: $0 $0 $0.00 The basis of the recommendation is: The petitioner provided creditable lease comparables and sale comparables for the 2016 Assessor level appeal. This 2015 abatement is to reflect the negotiated value. Appraisal Manager Approval: 1∎� 9A , Assessor Approval: A, G:/DOCS/Abatements/2011/AbatementRealForm.xls€xhibit A Revised 4-20-11 MJK BOARD OF EAGLE COUNTY COMMISSIONERS STATE OF COLORADO,COUNTY OF EAGLE Eagle County Schedule Number: R027091 STIPULATION ON PETITION FOR ABATEMENT OR REFUND OF TAXES(As to Tax Year(s) 2015 Petitioner, 211 Eagle Road LLC,c%Terry Gilliland vs. EAGLE COUNTY ASSESSOR Respondent. Petitioner and Respondent hereby enter into this Stipulation regarding Petitioner's petition for abatement/refund of taxes jointly move the Eagle County Board of County Commissioners to enter its decision based on this stipulation. Petitioner and Respondent agree and stipulate as follows: 1. The property subject to this stipulation is described as: 211 Eagle Road LLC Highway 6 Avon,(Eagle-gall) CO 81620 Eagle-Vail Filing 1, Block: 9,Lot:2 2. The County Assessor originally assigned the following value and classification to the Subject Property for tax year(s)2015. 2015 Actual Value: $4,600,390 Classification: Commercial Assessment Rate: 29% Assessed Value: $1,334,120 2. After review and negotiation,Petitioner(s)and the Eagle County Assessor agree to the following tax year(s)corrected value for the Subject Property: 2015 Actual Value $3,861,900 Classification: Commercial Assessment Rate 29% Assessed Value $1,119,960 Exhibit A 1 4. Brief narrative as to why the correction should be made: The petitioner/agent provided creditable lease comparables and sales comparables for the 2016 Assessor level appeal. This abatement is to correct the 2015 value. 5. The valuation,as established above,shall be binding only with respect to tax year(s)2015,absent an unusual condition as defined under C.R.S. §39-1-104(11)(b)(I). 6. Petitioner acknowledges and agrees that an opportunity for a hearing has been provided;that being fully advised,the Petitioner waives the right to such hearing as a result of the Agreement contained herein;that the Assessor reserves the right to change the level of value for the Subject Property during an intervening year pursuant to C.R.S. §39-1- 104(11)(b)(1)for an unusual condition as defined by Colorado law;and that if the abatement or refund agreed hereunder exceeds the amount of ten thousand dollars,that this Agreement shall be contingent upon approval of the State Property Tax Administrator in accordance with C.R.S. §39-1-114(3). Dated this 1st day of July,2016. ael bra. Petitioner:211 Eagle Road LLC Mark Chapin,County Assessor c/o Terry Gilliland,Nickel &Company LLC Address:P.O. Box 35547 Or his designee Tulsa,OK 74153-0547 Phone(918)-744-6384 P.O.Box 850 Eagle, Colorado 81631 (970)328-8640 Eagle County Schedule Number R027091