Folkestad Fazekas Barrick & Patoile, P.C.

When voters authorized the formation of the Downtown Development Authority, they did so because they wanted Downtown Castle Rock to change for the better. The DDA recently took a major step to do just that.

“By state statute, a primary purpose of the DDA is to acquire property to inspire and enhance development,” said Rick Stucy, chairman of the DDA. “The DDA took the bold step to purchase 202-212 Wilcox St. and the property adjacent to the east, 207 Perry St.”

The state statute allows for the DDA to purchase, sell, lease or liquidate property.  The DDA is scheduled to close on the recently foreclosed property on March 1. The purchase price is $1.375 million. The DDA will provide $127,500 at closing, funds that come from a mix of DDA revenue streams: Tax Increment Financing the DDA receives from the positive incremental property tax revenue that has occurred since the DDA was established in 2008; the 3-mill levy voters approved; and the levy match the Town of Castle Rock committed.

 “Developing and redeveloping Downtown Castle Rock is an important tool to improve property values, encourage more retail traffic and increase sales in our downtown businesses,” Stucy said.  Better property values and retail sales is good news for property owners and business owners in Downtown, but also incremental increases in property and sales tax revenue can be used by the DDA to reinvest in more improvements in Downtown. A vibrant Downtown is good for the overall economic vitality of Castle Rock.

 There are no large-scale changes to the properties planned in the near term.  But the DDA believed that this was a unique opportunity to purchase property in a strategic location: near Town Hall, the Wilcox Square county building and Festival Park, where many community events take place. Having several adjacent, strategically located properties under single ownership may allow the DDA to eventually attract impactful redevelopment.

 The DDA has met with all current tenants to talk about the property and see if there are issues the new owners – the DDA – could help them overcome. “We’re going to do everything we can to strengthen the business of the current tenants,” Stucy said. Minor exterior and interior work soon will begin to the building on Perry.  For more information about DDA programs and projects, contact Judy Woodley, vice president of the Castle Rock Economic Development Council, 303.688.7488.

Douglas County, Colo… Property owners in Douglas County now have a new tool on the County’s website that will calculate the cost of an individual property’s proportionate share of 28 different service categories provided by Douglas County, including road construction, law enforcement, parks and trails, public health, elections, snow removal, and traffic management.

http://blogs.douglas.co.us/newsroom/2011/01/20/county-launches-property-tax-calculator-web-tool

Updated provided by Marc Patoile of Folkestad Fazekas Barrick & Patoile, P.C.

James B. Folkestad, Ernest F. Fazekas, Aaron W. Barrick, and Marc C. Patoile have long been recognized as having achieved the highest possible ranking in the peer-review Martindale-Hubbell attorney rating system: AV-Preeminent Lawyer. The firm, Folkestad Fazekas Barrick & Patoile, P.C., has long been recognized in the Martindale-Hubbell® Bar Register of Preeminent Lawyers,™ the most prestigious peer-review rated directory to America’s preeminent and respected law firms, and has been recognized again this year.

Folkestad Fazekas Barrick & Patoile, P.C., serves the Denver, Colorado, metro area with offices in Castle Rock, Douglas County, Colorado. We provide representation in the local, state and federal courts including Adams County, Arapahoe County, Boulder County, Denver County, Douglas County, Eagle County, Elbert County, El Paso County, Gilpin County, Jefferson County, Larimer County, Lincoln County, Park County, Pitkin County, Summit County, Teller County and Weld County. Representing clients in Castle Rock, Parker, Highlands Ranch, Colorado Springs, Littleton, Lone Tree, Centennial, Cherry Hills Village, Englewood, Greenwood Village, Lakewood, Golden, Kiowa, Elbert, Broomfield, and Denver.

I would like to take this opportunity to inform you, if you were not already aware, that we are a full-service firm, with attorneys who practice in different areas of the law. We hope that you will consider our team of lawyers for any other legal needs that you may have, such as business entities, corporations and limited liability companies, civil litigation, construction law, commercial litigation, criminal and traffic defense, employment and labor law, equine and equestrian issues, family law including divorce, adoptions, paternity and child support, juvenile law, insurance matters, land use law including zoning, planning and development, mediation and arbitration proceedings, municipal law, property tax appeals, real estate law, special districts, and wills, trust and estates.

Marc Patoile

http://www.kaltura.com/index.php/kwidget/wid/1_mgtw1jd3/uiconf_id/48410

Bus service ending next week; taxi rides for transit-dependent start next month As previously announced, the Town bus service – commonly referred to as CATCO – will cease operations at 5:30 p.m. Dec. 30. Next year, in lieu of funding that service, the Town will be sponsoring a reduced-fare taxi service for transit-dependent residents. That service will be available 7 a.m. to 7 p.m. Monday through Friday starting Monday, Jan. 3. Castle Rock residents age 18 or older who have no access to a vehicle or who have a disability that prevents them from driving are eligible. In addition, 16- and 17-year-olds may be eligible for rides to work. The Town will pay a maximum of $10 per trip; passengers must pay charges in excess of that amount. Trips must originate and end within Town limits and only will be scheduled for work, medical and grocery-shopping purposes. Reservations are required and will be accepted 8 to 11:30 a.m. Monday through Friday at 720-295-TRIP (8747). Service and reservations will not be available on Town holidays. Rides are limited and available first come, first served. An application is required. Request one via the reservations line, or download one at CRgov.com/transit. In addition to the taxi service, people age 50 or older, or any adult who has a disability, may be eligible for rides through the Castle Rock Senior Center’s volunteer-based shuttle service. That service is available 9 a.m. to 3 p.m. Monday through Friday. Call 303-688-9498 for more information. Kristin Accola Senior Community Relations Specialist Town of Castle Rock 720-733-3552 | kaccola@CRgov.com Find us on Facebook | Follow us on Twitter

Congratulations to Marc Patoile on his 10 year anniversary of being rated AV Preeminent by Martindale Hubbel. 

Congratulations to Marc Patoile on his 10 year anniversary of being rated AV Preeminent by Martindale Hubbel.

Continuing in our commitment to the South Denver Metro communities, Folkestad Fazekas Barrick & Patoile, P.C., has joined the Castle Pines Chamber of Commerce.  The firm continues to be a founding member of the Castle Rock Chamber of Commerce where Aaron Barrick, Esq., the managing partner of the firm serves on the Board of Directors. 

http://www.castlepineschamber.com/

Marc Patoile, a partner at Folkestad Fazekas Barrick & Patoile, P.C., has been listed in the North American Directory of Equine Law Practitioners as published by the Equine Law & Business Newsletter in Keswick, Virginia.  Mr. Patoile can be contacted at 303-524-3393 (direct line) or patoile@ffcolorado.com.

Please join Realtor Katie Everett and Folkestad Fazekas Barrick & Patoile, P.C. for the Great Pumpkin Giveaway!  This donation optional event is taking place at 18 Wilcox Street on October 29, 2010, from 2-5:00 p.m.  Stop by to enjoy face painters, balloon artists, and free pumpkins.  This event benefits Castle Rock’s South Elementary School!

And, purchase or sell a home through Katie and she will donate $500.00 to our local schools!  Katie Everett of REMAX PRO’S serves her local community.  Katie Everett is a top agent in metro Denver, residing in Castle Rock for the last 12 years. And, she would like to serve you in our hometown!  Knowledge, expertise, commitment and experience for the past 20 years, brings Katie’s focus to her hometown.  In a more challenging market, Katie consistently finds ways to get the homes sold.  Katie obtains the best possible prices for her seller’s, and helps buyer’s get the best deal possible on their new home. Katie has the proven knowledge, plus marketing expertise to get the job done. If you are thinking of selling your present home or buying a new home, call Katie to find out how to put her experience to work for you.  Katie Everett can be reached at 303-521-7688 or email KatieEverett@remax.net. Visit her web page at www.KatieEverett.com. 

Castle Rock’s Hometown Lawyers, Folkestad Fazekas Barrick & Patoile, P.C. can be reached at 303-688-3045.  Douglas County’s oldest and largest full-service law firm, Folkestad Fazekas has teams of attorneys who practice in different areas of the law, such as business entities, corporations and limited liability companies, civil litigation, construction law, commercial litigation, criminal and traffic defense, employment and labor law, family law including divorce, adoptions, paternity and child support, juvenile law, insurance matters, land use law including zoning, planning and development, mediation and arbitration proceedings, municipal law, property tax appeals, real estate law, special districts, equine and equestrian law issues, and wills, trust and estates.  Visit them on the web at www.ffcolorado.com or call 303-688-3045.