86-0265 - Centrally Assessed

BEFORE THE STATE TAX COMMISSION OF UTAH

_____________________________________

XXXXX,

Petitioner, )

:

v. ) ORDER OF APPROVAL

:

PROPERTY TAX DIVISION OF THE )

STATE TAX COMMISSION OF UTAH, : Appeal No. 86 0265

)

Respondent. :

_____________________________________

STATEMENT OF CASE

This is an appeal to the Utah State Tax Commission from the XXXXX sand and gravel assessment on the subject property by the Property Tax Division of the Utah State Tax Commission (Respondent). Petitioner asserts that the subject property should be reduced in value because much of the land has very steep terrain.

Petitioner and Respondent stipulated and agreed to an adjustment in the acreage for gravel pit purposes of the subject property as follows:

(l) Serial No. XXXXX (27.0 acres) will be eliminated from Centrally Assessed Property.

(2) Serial No. XXXXX (43.35 acres) will be reduced to 20.0 acres.

The prior total value of the subject property is $$$$$. The stipulated and proposed total value of the subject property is $$$$$.

DECISION AND ORDER

The Tax Commission, after reviewing this stipulation, hereby accepts this stipulation in lieu of a Formal Hearing and finds the total value of the subject property as of January 1, XXXXX, to be $$$$$.

The Property Tax Division of the Utah State Tax Commission is directed to adjust its records in accordance with this Order of Approval.

DATED this 7 day of October, 1986.

BY ORDER OF THE STATE TAX COMMISSION OF UTAH.

R. H. Hansen Roger O. Tew

Chairman Commissioner

ABSENT

Joe B. Pacheco G. Blaine Davis *

Commissioner Commissioner