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445626277DC1C083872582C900717152 Hearing Summary




PUBLIC
BILL SUMMARY For IMPACT OF RESIDENTIAL ASSESSMENT RATE ON NON-RESIDENTIAL PROPERTY

INTERIM COMMITTEE  ALTERNATIVES TO THE GALLAGHER AMENDMENT INTERIM STUDY COMMITTEE
Date Jul 13, 2018      
Location HCR 0112



Impact of Residential Assessment Rate on Non-Residential Property - Committee Discussion Only


02:39:08 PM  
Tyler Carlson, Managing Principal for Evergreen
Development, discussed the impacts of the property tax structure on small
businesses.  He discussed other potential options regarding the valuation
of commercial properties in Colorado.
02:47:14 PM  
Larry Lance, Managing Partner of Everwest
Real Estate Investors, discussed the affordability of properties for small
business.  He commented on recent increases in property tax levels
for businesses.  Mr. Lance and Mr. Carlson then responded to questions
from the committee.
02:55:28 PM  
Ms. Groff returned to the table to respond
to questions about which valuation approach was allowable for various classes
of property.






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