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HomeMy WebLinkAboutOVERLAND TRAIL 3RD ANNEXATION & ZONING (ENCLAVE) - 16-97 - CORRESPONDENCE - OTHER JURISDICTIONS• FITTED TO EXCELLENCE October 14, 1997 Kim Kreimeyer, Planning Technician City of Fort Collins, Current Planning Department PO Box 580 Fort Collins, Colorado 80522 Dear Ms. Kreimeyer: OFFICE OF THE ASSESSOR STEPHEN A. MILLER, CPA PO Box 1190; FORT COLLINS CO 80522-1190 TELEPHONE: 970498-7050; FAX: 970498-7070 This is in reference to your request for valuation information on parcel #97201-00-012. The parcel is located on the southwest corner of Prospect Road and Overland Trail. It contains approximately 4.2 acres and is currently classified by our office as Residential Unplatted Vacant Land. Per our conversation, it is my understanding that the City of Fort Collins may consider rezoning the property from its current zoning of FA-1 (residential) to MMN (Mixed Use Zoning). The current valuation of the property is based on market value as of June 30, 1996. If the subject parcel remains vacant and unplatted, the 1997/1998 valuation will not be affected by changes in zoning type and/or Assessor classification changes. This parcel, along with all others, will be reappraised in 1999 to reflect a June 30, 1998 level of value. If the subject parcel still remains vacant and unplatted the valuation will be based on current market sales of vacant unplatted land of similar size and location, and will not likely be affected by zoning changes. Please contact me at (970) 498-7092 if you have any further questions. Sincerely, Larry G. Johnson Deputy Assessor