To: Board of County Commissioners
Through: Ron Carl, County Attorney
From:
prepared
Gina Garran, Paralegal
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Subject:
title
A resolution to approve the Board of Assessment Appeals (BAA) stipulations
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Purpose and Recommendation:
recommendation
Adoption of a resolution approving the Board of Assessment Appeals (BAA) stipulations listed below.
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Background:
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These stipulations are a result of agreements reached between the taxpayers and the County regarding a reduction in the amount of property tax owed, settling tax protests filed with the BAA.
Discussion:
The following BAA docket numbers have been stipulated to for the tax years indicated below.
Tax
Years
Docket#
Property
Owner
Property Address
Reason
Original
Value
Stipulated
Value
2017/2018
79223
Southglenn Property Holdings Llc
6853 South York Street
1.
$14,520,000
$14,000,000
2017/2018
79259
Sapkin Richard M, Sapkin Shelly C
9 Wildrose Trail
2.
$4,556,000
$4,265,800
2020
79745
Intown Suites Sheridan, LLC
2900 West Hampden Avenue
3.
$6,614,000
$6,614,000
2020
79746
Its Centennial LP
12943 East Brinwood Avenue
4.
$7,135,000
$7,135,000
2019/2020
79886
Timothy W Balsley
6685 South Ogden Street
2.
$375,300
$338,200
2019/2020
2020BAA138
MERRITT 777 LLC
7909 South Chambers Road
1.
$11,000,000
$10,075,000
1. Cost, income and sales comparison approaches indicate that adjustment to this value is correct.
2. Comparable market sales indicate that adjustment to this value is correct.
3. For this settlement of tax year 2020, the value will remain unchanged at $6,614,000 and, based upon the property's occupancy, the County will change the classification of the property to 15.3% commercial and 84.7% residential. Based upon this classification change, 15.3% of the property's total actual value will be assesse...
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