BEFORE THE STATE TAX
COMMISSION OF UTAH
_____________________________________
XXXXX
Petitioner, )
AMENDED )
ORDER OF
APPROVAL )
PROPERTY TAX
DIVISION OF, ) Appeal No. 87-0592
STATE TAX
COMMISSION OF UTAH )
Respondent. )
_____________________________________
STATEMENT OF CASE
This
is an amended Order of Approval to correct an error in an API number. The original Order of Approval, dated XXXXX,
listed API No. XXXXX. The correct API number
is XXXXX. There are no other
changes. The above-captioned matter
involves an appeal to the Utah State Tax Commission from the assessment by the
Property Tax Division of the Utah State Tax Commission of the subject
property. Petitioner asserted that the
subject property should have a lower taxable value as of the lien date, XXXXX.
Petitioner and Respondent agreed to the following facts: Seven wells, API Nos.
XXXXX should be reclassified as "shut-in" rather than
"flowing" wells, with a corresponding reduction in the flat well rate
from $$$$$ to $$$$$ per well. The total
reduction in taxable value is $$$$$.
The total taxable value is correspondingly reduced from $$$$$ to
$$$$$. XXXXX County had standing to
object to the assessment of the subject property pursuant to Utah Code Ann.
§59-2-1013 (1953) but elected not to show cause.
ORDER
The
Utah State Tax Commission hereby finds the taxable value of the subject
property as of XXXXX to be $$$$$. The
Property Tax Division of the Utah State Tax Commission is ordered to adjust its
records in accordance with this decision.
DATED
this 26 day of October, 1987.
BY ORDER OF THE STATE TAX COMMISSION OF UTAH.
R. H. Hansen Roger
O. Tew
Chairman Commissioner