BEFORE THE UTAH STATE TAX
COMMISSION
_____________________________________
XXXXX
:
Petitioner, ) STIPULATION AND ORDER
:
v. )
:
PROPERTY TAX
DIVISION OF THE ) Appeal No. 86-0248
STATE TAX
COMMISSION OF UTAH, :
)
Respondent. :
_____________________________________
The
parties herein, including XXXXX County, by and through their respective
attorneys, hereby stipulate as follows:
1. XXXXX, the Petitioner herein,
("Plateau") timely protested its assessed valuation for the tax year
XXXXX set by the Property Tax Division, the Respondent herein,
("Respondent") at $$$$$.
2. The Tax Commission held an Informal Hearing
on XXXXX's protest on XXXXX at which XXXXX argued that the fair market value of
its property was less than $$$$$ and possibly as low as $$$$$.
3. The Tax Commission rendered its Informal
Decision affirming the Respondent's value on XXXXX.
4. In its Informal Decision, the Tax Commission
"affirm[ed] the assessment of the Property Tax Division with the
encouragement that the matter be appealed to a Formal Hearing at which more
detailed evidence may be submitted upon which the Commission may review an
obsolescence factor that may be applied to the property for the tax year
XXXXX." Decision at 4.
5. XXXXX timely filed a Request for Formal
Hearing on July 13, XXXXX.
6. Based upon the parties' negotiations and in
settlement of the present dispute, the parties, including XXXXX County,
stipulate and agree that the fair market value for XXXXX's Taxable Property is
as follows, pending an appropriate Order of Approval being issued by the Tax
Commission.
MILL MINE TOTAL
XXXXX - $$$$$ $$$$$ $$$$$
XXXXX - $$$$$ $$$$$ $$$$$
XXXXX - $$$$$ $$$$$ $$$$$
DATED this 11 day of
April, 1988.
XXXXX
Assistant Attorney
General
Attorney for the
Public tax
Division
XXXXX
XXXXX County Attorney
XXXXX
XXXXX
Attorneys for XXXXX
ORDER
Based
upon the foregoing Stipulation and the Commission being fully advised in the
premises, now, therefore, it is hereby
ORDERED that the fair market
value for XXXXX' property subject to ad valorem assessment is as follows:
MILL MINE TOTAL
XXXXX - $$$$$ $$$$$ $$$$$
XXXXX - $$$$$ $$$$$ $$$$$
XXXXX - $$$$$ $$$$$ $$$$$
DATED this 6 of May,
1988.
R. H. Hansen ROGER
O. TEW
Chairman Commissioner
G. BLAINE
DAVIS JOE
B. PACHECO
Commissioner Commissioner