To: Board of County Commissioners
Through: Ronald A. Carl, County Attorney, County Attorney
Prepared By:
prepared
Gina Garran, Paralegal, County Attorney
end
Subject:
title
Approval of BAA Stipulation (1 Resolution Number)
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) stipulation listed below.
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Background and Discussion: The stipulation is a result of an agreement reached between the taxpayer and the County regarding a reduction in the amount of property tax owed, settling tax protest filed with the BAA. The following BAA docket number has been stipulated to for the tax year indicated below.
|
Tax Years |
Docket# |
Property Owner |
Property Address |
Reason |
Original Value |
Stipulated Value |
|
2020 |
80256 |
Hancoop Holdings & Centennial LLC |
8770 East Arapahoe Road |
1. |
$2,975,000 |
$2,734,000 |
1. Corrected subject improvements square footage 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 property.
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.