BEFORE THE UTAH STATE TAX
COMMISSION
_____________________________________
XXXXX
Petitioner :
: Appeal No.
87-0574
PROPERTY TAX
DIVISION, :
UTAH STATE TAX COMMISSION, : FINAL
ORDER
_____________________________________
STATEMENT OF CASE
The
above-captioned matter involves an appeal to the Utah State Tax Commission
("Commission") from the assessment by the Property Tax Division of
the Commission ("Division"), of the property of Petitioner, XXXXX
("XXXXX"), for the XXXXX tax year.
Petitioner asserts that the subject property should have a lower taxable
value as of the lien date, XXXXX. By
Stipulation dated XXXXX, Petitioner and Respondent have agreed as follows:
(1)
As the result of the Findings of Fact, Conclusions of Law and Final Decision
issued by the Commission in Appeal Nos. 85-0074 and 86-0255, dated XXXXX, the
system value of the subject property for the ad valorem tax purposes for the
year XXXXX is $$$$$.
(2)
The value of Petitioner's property properly allocable to the State of Utah is
$$$$$.
(3)
The fair market value of Petitioner's Utah property subject to taxation is
$$$$$.
This
Stipulation was entered into solely for purposes of settlement and was made
without limitation or waiver of the ability of any party to raise any of the
specific issues addressed herein or any other issues with respect to any
assessment year other than XXXXX. Both
Petitioner and Respondent expressly disclaimed any such limitation or waiver
and specifically reserved the right to raise such issues as they may in their
sole discretion deem appropriate with regard to tax years other than
XXXXX. XXXXX have standing to object to
the assessment of the subject property pursuant to Utah Code Ann. § 59-2-1013
(1953). Pursuant to the Commission's
Order to Show Cause dated XXXXX, the Counties were given 10 days to file a
written response showing reasonable cause why the Commission should not accept
the valuation of the subject property proposed in the Stipulation. Since no written responses were filed by any
of the Counties, the Commission construes their failure to respond as an
acceptance by each County of the proposed valuation.
ORDER
Based
upon the Stipulation of the parties and the absence of any timely written
response to the Commission's Order to Show Cause, the Commission hereby finds
that the system value of the subject property for ad valorem tax purposes for
the year XXXXX is $$$$$, the value of this property properly allocable to the
State of Utah is $$$$$, and the fair market value of Petitioner's Utah property
subject to taxation is $$$$$.
DATED
this 3 day of August, 1988.
BY ORDER OF THE STATE TAX COMMISSION OF UTAH.
R. H. Hansen G.
Blaine Davis
Chairman Commissioner
Joe B.
Pacheco Roger
O. Tew
Commissioner Commissioner