87-0588 - Centrally Assessed

 

BEFORE THE UTAH STATE TAX COMMISSION

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XXXXX ) ORDER OF APPROVAL

Petitioner, : Appeal Nos. 87-0588

PROPERTY TAX DIVISION OF THE : 88-1369, 89-0811, 90-1671

UTAH STATE TAX COMMISSION, :

Respondent. :

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STATEMENT OF CASE

The above-captioned matter involves an appeal to the Utah State Tax Commission from the assessment by the Property Tax Division on the subject property. Petitioner asserted that the subject property should have lower market values as of the lien dates XXXXX. Petitioner and Respondent have agreed that adjustment to the valuation is necessary. Therefore, the values for each year are adjusted as follows: XXXXX tax year from $$$$$ to $$$$$; XXXXX tax year from $$$$$ to $$$$$; XXXXX tax year from $$$$$ to $$$$$; and XXXXX tax year from $$$$$ to $$$$$. XXXXX County had standing to object to the assessment of the subject property pursuant to Utah Code Ann. §59-2-1007, but elected not to do so.

ORDER

Based on the foregoing, the Utah State Tax Commission hereby finds the market values of the subject property for the various tax years are as follows: $$$$$ for the XXXXX tax year; $$$$$ for the XXXXX tax year; $$$$$ for the XXXXX tax year; and $$$$$ for the XXXXX tax year. The Property Tax Division is hereby ordered to adjust its records in accordance with this order of approval. The XXXXX County Auditor is also authorized to adjust its records in accordance with the revised notice of assessment.

DATED this 24 day of 24, 1991.

BY ORDER OF THE UTAH STATE TAX COMMISSION.

Joe B. Pacheco R. H. Hansen

Commissioner Chairman

G. Blaine Davis Roger O. Tew

Commissioner Commissioner