85-0056 - Centrally Assessed

BEFORE THE STATE TAX COMMISSION OF UTAH

_____________________________________

XXXXX,                                                                                 )

                                                                                    :

            Petitioner                                                          )

V.                                                                                :           ORDER OF APPROVAL

                                                                                    )

PROPERTY TAX DIVISION,                                    :

STATE TAX COMMISSION OF UTAH,                  )           Appeal No. 85-0056

                                                                                    :           Serial No. N/A

            Respondent                                                      )

_____________________________________

STATEMENT OF CASE

            This appeal to the Utah State Tax Commission from the Decision of the Property Tax Division, State Tax Commission of Utah (Respondent) concerning the valuation of the subject property for the tax year XXXXX.  Petitioner asserted that the subject property should be reduced in value.

            Petitioner and Respondent stipulated and agreed to an adjustment in the market value of the subject property for the tax year XXXXX.  The prior and proposed valued are as follows:

                                                                  Decision of                                     Stipulated

                                                                  Property                                         Market Value

                                                                  Division                                          of Property

            TOTAL                                                                          $XXXXX                                      $XXXXX

*          For a breakdown of the total valuation  of the subject property see Revised Assessment Notice.

DECISION AND ORDER

            The Tax Commission, after reviewing the Stipulation, hereby accepts the Stipulation in lieu of a Formal Hearing and finds the market value of the subject property as of XXXXX, to be as set forth above.

            The Decision of the Property Tax Division of the State Tax Commission of Utah is therefore set aside and, the Property Tax Division is directed to adjust the assessment books in accordance with this Order of Approval.

            Dated this 11 day of July, 1986.

BY ORDER OF THE STATE TAX COMMISSION OF UTAH.

ABSENT

Mark. K. Buchi                                                            R. H. Hansen

Chairman                                                                      Commissioner

Roger O. Tew                                                              Joe B. Pacheco

Commissioner   Commissioner