Board of Review of Real Estate Assessments

BOARD OF REVIEW OF REAL ESTATE ASSESSMENTS CITY OF HAMPTON, VIRGINIA CHAIRMAN: David Richards VICE-CHAIRMAN: Asa Jenrette Jr. SECRETARY: Julianne Cyr MEMBERS: George C. Moore Sr., Carl Burt HEARING MEETING MINUTES June 9, 2021 8:30 AM - Veterans Conference Room Ruppert Leon Sargent Building I. Call to Order The meeting was called to order by David Richards. II. Roll Call Present: David Richards, Julianne Cyr, Asa Jenrette Jr., George C. Moore Sr., Carl Burt III. Reading of Minutes of Preceding Meeting The June 7, 2021 meeting's minutes were approved. IV. Unfinished Business V. Appeal Hearings 1 Case: FY2022 - 13000788 Owner: PENINSULA HOSPITALITY LLC C/O LANDMARK HOTEL GROUP PIN: 13000788 Address: 1813 W MERCURY BLVD Assessment Office Review Recommended Decision Change Land $1,402,700 $1,402,700 $1,402,700 $1,402,700 $0 0% Improvement(s) $4,985,800 $4,985,800 $4,985,800 $4,985,800 $0 0% Total $6,388,500 $6,388,500 $6,388,500 $6,388,500 $0 0% The agent spoke before the Board. The appeal was made on the basis of Fair Market Value and Incomplete or Incorrect Data. A report for the Office of the Assessor of Real Estate was presented by Eric Sullivan. The Board went into closed session for discussion. Board Vote: The motion was made by Carl Burt and seconded by George C. Moore Sr. to affirm the current assessment based on fair market value. After discussion the Board of Review voted: Carl Burt Yea Julianne Cyr Yea George C. Moore Sr. Yea Asa Jenrette Jr. Yea Other Notes: Chairman, David Richards, recused himself from appeal. Rob Burns, agent, participated electronically via Zoom. Page 1 of 6 2 Case: FY2022 - 13004566 Owner: HAMPTON LODGING PARTNERS LLC C/O LANDMARK HOTEL GROUP PIN: 13004566 Address: 1905 COLISEUM DR Assessment Office Review Recommended Decision Change Land $1,374,200 $1,374,200 $1,374,200 $1,374,200 $0 0% Improvement(s) $9,935,800 $9,935,800 $9,935,800 $9,935,800 $0 0% Total $11,310,000 $11,310,000 $11,310,000 $11,310,000 $0 0% The agent spoke before the Board. The appeal was made on the basis of Equalization and Incomplete or Incorrect Data. A report for the Office of the Assessor of Real Estate was presented by Eric Sullivan. The Board went into closed session for discussion. Board Vote: The motion was made by Asa Jenrette Jr. and seconded by George C. Moore Sr. to affirm the current assessment based on equalization. After discussion the Board of Review voted: Asa Jenrette Jr. Yea Julianne Cyr Yea George C. Moore Sr. Nay Carl Burt Yea David Richards Yea Other Notes: Rob Burns, agent, participated electronically via Zoom. 3 Case: FY2022 - 13004897 Owner: PENINSULA PLAZA PARTNERS LLC PIN: 13004897 Address: 1815 W MERCURY BLVD Assessment Office Review Recommended Decision Change Land $1,501,500 $1,501,500 $1,501,500 $1,501,500 $0 0% Improvement(s) $0 $0 $0 $0 $0 0% Total $1,501,500 $1,501,500 $1,501,500 $1,501,500 $0 0% The agent spoke before the Board. The appeal was made on the basis of Equalization. A report for the Office of the Assessor of Real Estate was presented by Eric Sullivan. Board Vote: The motion was made by Julianne Cyr and seconded by George C. Moore Sr. to affirm the current assessment based on equalization. After discussion the Board of Review voted: Julianne Cyr Yea Asa Jenrette Jr. Yea George C. Moore Sr. Yea Carl Burt Yea David Richards Yea Other Notes: Rob Burns, agent, participated electronically via Zoom. 4 Case: FY2022 - 7001268 Owner: PENINSULA OFFICE PARTNERS LLC PIN: 7001268 Address: 1919 COMMERCE DR Assessment Office Review Recommended Decision Change Land $1,045,400 $1,045,400 $1,045,400 $1,045,400 $0 0% Improvement(s) $5,531,000 $5,531,000 $5,531,000 $5,531,000 $0 0% Total $6,576,400 $6,576,400 $6,576,400 $6,576,400 $0 0% The agent spoke before the Board. The appeal was made on the basis of Fair Market Value and Incomplete or Incorrect Data. A report for the Office of the Assessor of Real Estate was presented by Heather Shipe. The Board went into closed session for discussion. Board Vote: The motion was made by Asa Jenrette Jr. and seconded by Carl Burt to affirm the current assessment based on fair market value. After discussion the Board of Review voted: Asa Jenrette Jr. Yea Julianne Cyr Yea Carl Burt Yea George C. Moore Sr. Yea David Richards Yea Other Notes: Rob Burns, agent, participated electronically via Zoom. Page 2 of 6 5 Case: FY2022 - 13004430 Owner: ELLIPSE HAMPTON LLC PIN: 13004430 Address: 2001 COMMERCE DR Assessment Office Review Recommended Decision Change Land $7,175,000 $7,175,000 $7,175,000 $7,175,000 $0 0% Improvement(s) $0 $0 $0 $0 $0 0% Total $7,175,000 $7,175,000 $7,175,000 $7,175,000 $0 0% The agent spoke before the Board. The appeal was made on the basis of Equalization. A report for the Office of the Assessor of Real Estate was presented by Trudy Clatterbaugh. Board Vote: The motion was made by George C. Moore Sr. and seconded by Julianne Cyr to affirm the current assessment based on equalization. After discussion the Board of Review voted: George C. Moore Sr. Yea Asa Jenrette Jr. Yea Julianne Cyr Yea Carl Burt Yea David Richards Yea Other Notes: Rob Burns, agent, participated electronically via Zoom. 6 Case: FY2022 - 7001265 Owner: COLISEUM HOSPITALITY LLC PIN: 7001265 Address: 1917 COLISEUM DR Assessment Office Review Recommended Decision Change Land $1,620,400 $1,620,400 $1,620,400 $1,620,400 $0 0% Improvement(s) $5,569,600 $5,569,600 $5,057,500 $5,057,500 ($512,100) -9% Total $7,190,000 $7,190,000 $6,677,900 $6,677,900 ($512,100) -7% The agent spoke before the Board. The appeal was made on the basis of Equalization and Fair Market Value. A report for the Office of the Assessor of Real Estate was presented by Eric Sullivan. The Board went into closed session for discussion. Board Vote: The motion was made by Carl Burt and seconded by Asa Jenrette Jr. to adjust the current assessment based on fair market value. After discussion the Board of Review voted: Carl Burt Yea Julianne Cyr Yea Asa Jenrette Jr. Yea George C. Moore Sr. Yea David Richards Yea Other Notes: Adjusted to Assessor's recommended value. 7 Case: FY2022 - 4002375 Owner: LIDL US OPERATIONS LLC PIN: 4002375 Address: 2000 W MERCURY BLVD Assessment Office Review Recommended Decision Change Land $3,338,400 NA $3,338,400 $3,338,400 $0 0% Improvement(s) $5,415,400 NA $4,443,100 $3,470,100 ($1,945,300) -36% Total $8,753,800 NA $7,781,500 $6,808,500 ($1,945,300) -22% The owner spoke before the Board. The appeal was made on the basis of Equalization and Fair Market Value. A report for the Office of the Assessor of Real Estate was presented by Eric Sullivan. The Board went into closed session for discussion. Board Vote: The motion was made by George C. Moore Sr. and seconded by Asa Jenrette Jr. to adjust the current assessment based on fair market value. After discussion the Board of Review voted: George C. Moore Sr. Yea Julianne Cyr Yea Asa Jenrette Jr. Yea Carl Burt Yea David Richards Yea Page 3 of 6 8 Case: FY2022 - 13004397 Owner: WAL-MART REAL ESTATE BUSINESS TRUST C/O PROPERTY TAX DEPT MS 0555 PIN: 13004397 Address: 1900 CUNNINGHAM DR Assessment Office Review Recommended Decision Change Land $8,373,500 $8,373,500 $8,373,500 $8,373,500 $0 0% Improvement(s) $11,607,200 $11,607,200 $11,607,200 $11,607,200 $0 0% Total $19,980,700 $19,980,700 $19,980,700 $19,980,700 $0 0% The agent spoke before the Board. The appeal was made on the basis of Fair Market Value. A report for the Office of the Assessor of Real Estate was presented by Eric Sullivan. The Board went into closed session for discussion. Board Vote: The motion was made by Julianne Cyr and seconded by George C. Moore Sr. to affirm the current assessment based on fair market value. After discussion the Board of Review voted: Julianne Cyr Yea Asa Jenrette Jr. Yea George C. Moore Sr. Yea Carl Burt Yea David Richards Yea Other Notes: Daniel Grubb, agent, participated electronically via Zoom. 9 Case: FY2022 - 7001213 Owner: 1916 COLISEUM DR ASSOCIATES LLC PIN: 7001213 Address: 1916 COLISEUM DR Assessment Office Review Recommended Decision Change Land $479,900 $479,900 $479,900 $479,900 $0 0% Improvement(s) $2,757,800 $2,757,800 $2,757,800 $2,757,800 $0 0% Total $3,237,700 $3,237,700 $3,237,700 $3,237,700 $0 0% The owner or agent did not make a presentation. The appeal was made on the basis of Fair Market Value. A report for the Office of the Assessor of Real Estate was presented by Eric Sullivan. The Board went into closed session for discussion. Board Vote: The motion was made by Julianne Cyr and seconded by Carl Burt to affirm the current assessment based on fair market value. After discussion the Board of Review voted: Julianne Cyr Yea George C. Moore Sr. Yea Carl Burt Yea Asa Jenrette Jr. Yea David Richards Yea 10 Case: FY2022 - 4004600 Owner: MEGAPLEX NINE INC ATTN LEASE ADMIN/AMC 24 PIN: 4004600 Address: 1 TOWNE CENTRE WAY Assessment Office Review Recommended Decision Change Land $8,535,100 $8,535,100 $8,535,100 $8,535,100 $0 0% Improvement(s) $9,280,800 $9,280,800 $9,280,800 $9,280,800 $0 0% Total $17,815,900 $17,815,900 $17,815,900 $17,815,900 $0 0% The agent spoke before the Board. The appeal was made on the basis of Fair Market Value. A report for the Office of the Assessor of Real Estate was presented by Eric Sullivan. The Board went into closed session for discussion. Board Vote: The motion was made by George C. Moore Sr. and seconded by Carl Burt to affirm the current assessment based on fair market value. After discussion the Board of Review voted: George C. Moore Sr. Yea Julianne Cyr Yea Carl Burt Yea Asa Jenrette Jr. Yea David Richards Yea Other Notes: Bruce Stavitsky, agent, participated by electronic video via Zoom. Page 4 of 6 11 Case: FY2022 - 13001189 Owner: PARADISE II LLC T/A HAMPTON INN-HAMPTON PIN: 13001189 Address: 3101 COLISEUM DR Assessment Office Review Recommended Decision Change Land $1,425,600 $1,425,600 $1,425,600 $1,425,600 $0 0% Improvement(s) $5,842,600 $5,842,600 $5,842,600 $5,842,600 $0 0% Total $7,268,200 $7,268,200 $7,268,200 $7,268,200 $0 0% The owner or agent did not make a presentation. The appeal was made on the basis of Fair Market Value. A report for the Office of the Assessor of Real Estate was presented by Eric Sullivan. The Board went into closed session for discussion. Board Vote: The motion was made by Julianne Cyr and seconded by Carl Burt to affirm the current assessment based on fair market value. After discussion the Board of Review voted: Julianne Cyr Yea Asa Jenrette Jr. Yea Carl Burt Yea George C. Moore Sr. Yea David Richards Yea 12 Case: FY2022 - 13001521 Owner: MCRT2 HAMPTON 1 LLC PIN: 13001521 Address: 1999 POWER PLANT PKWY Assessment Office Review Recommended Decision Change Land $1,503,100 $1,503,100 $1,503,100 $1,503,100 $0 0% Improvement(s) $9,599,800 $9,599,800 $9,599,800 $9,599,800 $0 0% Total $11,102,900 $11,102,900 $11,102,900 $11,102,900 $0 0% The owner or agent did not make a presentation. The appeal was made on the basis of Fair Market Value. A report for the Office of the Assessor of Real Estate was presented by Eric Sullivan. The Board went into closed session for discussion. Board Vote: The motion was made by Carl Burt and seconded by George C. Moore Sr. to affirm the current assessment based on fair market value. After discussion the Board of Review voted: Carl Burt Yea Julianne Cyr Yea George C. Moore Sr. Yea Asa Jenrette Jr. Yea David Richards Yea 13 Case: FY2022 - 13001522 Owner: MCRT2 HAMPTON 2 LLC PIN: 13001522 Address: 1997 POWER PLANT PKWY Assessment Office Review Recommended Decision Change Land $1,224,500 $1,224,500 $1,224,500 $1,224,500 $0 0% Improvement(s) $7,761,100 $7,761,100 $7,761,100 $7,761,100 $0 0% Total $8,985,600 $8,985,600 $8,985,600 $8,985,600 $0 0% The owner or agent did not make a presentation. The appeal was made on the basis of Fair Market Value. A report for the Office of the Assessor of Real Estate was presented by Eric Sullivan. The Board went into closed session for discussion. Board Vote: The motion was made by Julianne Cyr and seconded by Carl Burt to affirm the current assessment based on fair market value. After discussion the Board of Review voted: Julianne Cyr Yea Asa Jenrette Jr. Yea Carl Burt Yea George C. Moore Sr. Yea David Richards Yea Page 5 of 6  14 Case: FY2022 - 7001528 Owner: 2030 COLISEUM LLC PIN: 7001528 Address: 2030 COLISEUM DR Assessment Office Review Recommended Decision Change Land $1,151,900 $1,151,900 $1,151,900 $1,151,900 $0 0% Improvement(s) $1,032,100 $1,032,100 $1,032,100 $1,032,100 $0 0% Total $2,184,000 $2,184,000 $2,184,000 $2,184,000 $0 0% The owner or agent did not make a presentation. The appeal was made on the basis of Fair Market Value. A report for the Office of the Assessor of Real Estate was presented by Eric Sullivan. The Board went into closed session for discussion. Board Vote: The motion was made by George C. Moore Sr. and seconded by Julianne Cyr to affirm the current assessment based on fair market value. After discussion the Board of Review voted: George C. Moore Sr. Yea Asa Jenrette Jr. Yea Julianne Cyr Yea Carl Burt Yea David Richards Yea VI. New Business The meeting was adjourned at 4:15 pm Office of the Assessor of Real Estate 1 Franklin Street, Suite 602 | Hampton, Virginia 23669 www.hampton.gov/assessor | P: (757) 727-8311 Recipient of the Certificate of Excellence in Assessment Administration from the International Association of Assessing Officers Page 6 of 6