Commissioner Ferdinandsen moved that the following Resolution be adopted:

BEFORE THE BOARD OF EQUALIZATION

OF THE COUNTY OF JEFFERSON

STATE OF COLORADO

RESOLUTION NO. BE92-4

WHEREAS, this Board is obligated by Colorado Law to review the valuation of all taxable property within the County and to raise, lower or adjust any valuation for assessment when necessary to insure that all valuations for assessment are just and equalized within the County; and

WHEREAS, the State Legislature has recently modified Colorado Law pertaining to the valuation of vacant land, resulting in the undervaluation of those properties listed in Exhibit A attached hereto; and

WHEREAS, the auditor for the State Division of Property Taxation has reviewed the Assessor's valuation of said properties and has determined that said properties are undervalued compared to other vacant land within the County.

NOW, THEREFORE, BE IT RESOLVED the Board of Equalization of the County of Jefferson, State of Colorado, hereby and herewith increases the valuation of those properties listed in Exhibit A by adopting the Assessor's corrected value as stated therein to insure that all valuations for assessment are just and equalized within the County.

Commissioner Stone seconded the adoption of the foregoing Resolution. The roll having been called, the vote was as follows:

Commissioner Rich Ferdinandsen AYE

Commissioner John P. Stone AYE

Commissioner Marjorie E. Clement, Chairman AYE

The Resolution was adopted by unanimous vote of the Board of Equalization of the County of Jefferson, State of Colorado.

Dated: August 10, 1992