To: Board of County Commissioners
Through: Ronald A. Carl, County Attorney
Prepared By:
prepared
Gina Garran, Paralegal, Counsel Attorney
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Subject:
title
A resolution to approve Board of Assessment Appeals (BAA) stipulations
end
Purpose and Request:
recommended action
The purpose of this request is for the adoption of a resolution approving the Board of Assessment Appeals (BAA) stipulations listed below. 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.
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Background and 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 |
|
2020 |
80090 |
Southglenn Property Holdings, LLC |
2253 East Briarwood Avenue |
1. |
$6,391,000 |
6,000,000 |
|
2020 |
80101 |
Southglenn Property Holdings, LLC |
6997 South University Boulevard |
1. |
$5,085,000 |
$4,500,000 |
|
2019 |
2020BAA185 |
Southglenn Property Holdings, LLC |
2253 East Briarwood Avenue |
1. |
$6,391,000 |
$6,000,000 |
|
2019 |
2020BAA186 |
Southglenn Property Holdings, LLC |
6997 South University Boulevard |
1. |
$4,976,700 |
$4,500,000 |
1. Income and sales comparison approaches indicate that adjustment to this value is correct.
Alternatives: Let protests proceed to the BAA for a decision. Said alternative would involve unnecessary time and expense for the County and the taxpayer.
Fiscal Impact: Reduction in the amount of property taxes collected for the above listed properties.
Alignment with Strategic Plan:
☐Be fiscally sustainable
☐Provide essential and mandated service
☐Be community focused
Concurrence: The negotiator for the County Board of Equalization, the County Assessor and the County Attorney all support this recommendation.
Resolution: Attach a copy of the draft resolution.