|From: Daryle Klassen [mailto:email@example.com]
Sent: Thursday, April 15, 2010 8:42 AM
To: City Council; Don Williams
Subject: FW: Follow-up from HB1107 / URA Discussion
Hello All! For your information, response from Larimer
County Assessor Steve Miller. Regards, Daryle Klassen
Date: Thu, 15 Apr 2010 08:48:39 -0600
Subject: Re: FW: Follow-up from HB1107 / URA Discussion
Good morning, Daryle
It may take a bit of time for us (assessors) to figure out the
of the bill. Will it affect Loveland? Well, my friend, since
Loveland was the inspiration for and the target of the bill, I
imagine it will.
I'll be in touch.
> >>> Daryle Klassen 04/14/10 3:18 PM >>>
> Hello Steve! Our Loveland city council held some discussion
on HB1107 last night and the potential impacts on Loveland.
Would you please comment and add any additional insight you
may have back to me, and all of parties listed below, if possible.
Also, if additional clearing is needed, please give Rod Wensing
(one of Loveland's Assistant City Managers) a call at 962-
2301. Thanks in advance for any help.
Regards, Daryle Klassen
> > From: Daryle.Klassen@ci.loveland.co.us
> > To: firstname.lastname@example.org
> > CC: TEMPCC@ci.loveland.co.us
> > Date: Wed, 14 Apr 2010 15:11:42 -0600
> > Subject: FW: Follow-up from HB1107 / URA Discussion
> > ________________________________________
> > From: Rod Wensing
> > Sent: Wednesday, April 14, 2010 12:36 PM
> > To: Mayor - Cecil Gutierrez; Ward I - Daryle Klassen;
Ward I - Donna Rice; Ward II - Carol Johnson; Ward II - Joan
Shaffer; Ward III - Hugh McKean; Ward III - Kent Solt; Ward
IV - Cathleen McEwen; Ward IV - Larry Heckel
Cc: Don Williams
Subject: Follow-up from HB1107 / URA Discussion
Below are the information follow-ups requested by Council:
Fair Market Value Determination
Section 3 of HB1107 says that where agricultural land is
included in a proposed urban renewal area under the conditions
specified in the Bill, requires the County Assessor to value said
ag land at its fair market value for determining the base amount
for tax calculations. The Bill also says the manner and methods
by which these requirements are to be implemented by County
Assessors shall be from the various manuals, appraisal
procedures and instructions that is normal and customary for
> the Assessor to prepare and publish. Seems to me the Bill
was crafted to give a lot of flexibility to the County Assessors as
to how they determine the question of “fair market value.”
City’s 402 Property Impacts
In the Definitions Section of HB1107 “agricultural land” means
any one parcel of land or any two or more contiguous parcels of
land that, regardless of the uses for which the land has been
zoned, has been classified by the County Assessor as ag land
for purposes of the levying and collection of property taxes.
Based on this definition, I it appears that the current DR zoning
on the 402 property may not meet any of the exemptions called
out in the Bill when it comes to any future URA creation efforts.
However, if a URA creation is contemplated in the future a
formal legal opinion will be needed.
I stand ready to answer any questions.
|New State Law Aimed At Ending Loveland Abuse of
Urban Renewal Statutes
|Loveland Councilman Daryle Klassen