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City Council Agenda and Packet 2013 05 21 - PG 160 - ATTACHMENT #3
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City Council Agenda and Packet 2013 05 21 - PG 160 - ATTACHMENT #3
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3/11/2021 2:08:05 PM
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7/10/2013 1:57:10 PM
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City Council Records
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City Council Packet
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6D4
Record Series Code
45.010
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CCAGPKT 2013 05 21 - PG 160 - ATTACHMENT #3
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Nuisances and Hazards <br /> None known; none observed during the property inspection. <br /> Potential Environmental Hazards <br /> This assignment is to estimate compensation for the proposed acquisition under the extraordinary <br /> assumption that the subject site is "clean." No property—specific information is available regarding <br /> potential environmental hazards. No observable evidence of sources of concern was noted during our <br /> property inspection. Appraisal of the property as "clean" has been based on adoption of an <br /> extraordinary assumption. This assumption may have affected the assignment results. In other words, if <br /> the property were found to be contaminated and the scope of work pertained to the "as—is" value of the <br /> property, the opinion of value would likely be different from that communicated in this report if <br /> remediation were necessary prior to development. <br /> Land's Relationship to Neighboring Properties <br /> The subject property is atypical of vacant land in this area due to shape. <br /> Owner Improvements Data <br /> None. Perimeter fencing is the property of CDOT.All of the other site improvements belong to RTD. <br /> Tenant Improvements <br /> None <br /> Use History <br /> Perimeter open space in support of Colony Square and bus transit operations. <br /> Sales History <br /> The subject Tract A along with Tract B, Colony Square, were conveyed to the City of Louisville by T. E. <br /> Associates, LLC on December 6, 1994. There have been no subsequent open market, arm's length <br /> transactions of the property. <br /> Listing/Contract Data <br /> To the best of our knowledge, the subject property is not listed for sale and is not under contract for <br /> sale. <br /> Rental History <br /> N/A <br /> Assessed Value and Real Estate Taxes <br /> The property is assessed for real property tax purposes by Boulder County under the account number <br /> shown below. Note that the assessment is for 2012, for taxes payable in 2013. The property is tax <br /> exempt. <br /> Assessed Value and Taxes <br /> Actual Assessed <br /> R0120164 <br /> Land $1,294,700 $375,463 <br /> Improvements $0 $0 <br /> Total $1,294,700 $375,463 <br /> Mill Levy(2011) 0.085187 <br /> Total taxes $31,984.57 <br /> 14 <br /> Bonnie Roerig & .Associates, LLC Real 1state .Analysts - Va.(uation Consultants <br />
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