BEFORE THE STATE TAX COMMISSION
OF UTAH
_____________________________________
XXXXX
Petitioner, :
v. : ORDER OF APPROVAL
PROPERTY TAX
DIVISION OF THE : Appeal No. 87-0868
STATE TAX
COMMISSION OF UTAH )
Respondent. :
_____________________________________
STATEMENT OF CASE
The
above-captioned matter involves an appeal to the Utah State Tax Commission from
an assessment on the subject property by the Property Tax Division of the Utah
State Tax Commission (Respondent).
United States Fuel Company 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: The original XXXXX assessment included XXXXX miles of railroad
trackage but a portion of the track had been removed prior to the lien date;
several of the residential houses on the original assessment had been removed
prior to the lien date; the coal preparation plant had suffered a great deal of
physical and functional depreciation during XXXXX; and Petitioner had over
reported the original building costs of some of their improvements. The original valuation was $$$$$. The recommended revised valuation is
$$$$$. XXXXX Counties had standing to
object to the assessment of the subject property pursuant to Utah Code Ann.
59-1-1013 (1953) but elected not to show cause.
ORDER
Based
on the foregoing, the Utah State Tax Commission hereby finds the taxable value
of the subject property as of XXXXX to be $$$$$. The Property Tax Division of the Utah State Tax Commission is
hereby ordered to adjust its records in accordance with this order of approval.
DATED
this 12 day of January, 1988.
BY ORDER OF THE STATE TAX COMMISSION OF UTAH.
R. H. Hansen Roger
O. Tew
Chairman Commissioner
Joe B.
Pacheco G.
Blaine Davis
Commissioner Commissioner