87-0968 - Centrally Assessed

 

BEFORE THE UTAH STATE TAX COMMISSION

_____________________________________

XXXXX ) ORDER OF APPROVAL

Petitioner, :

v. : Appeal No. 87-0968

PROPERTY TAX DIVISION OF THE :

UTAH STATE TAX COMMISSION, : Serial No.

Respondent. :

_____________________________________

STATEMENT OF CASE

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 on the subject property. Petitioner asserted that the subject property should have a lower taxable value as of the lien date, XXXXX.

Petitioner and Respondent agree to the following facts: the original assessment was $$$$$ based on an estimate prepared on XXXXX by Respondent. Petitioner did not timely file the requested information because of a chapter 11 bankruptcy proceeding. Petitioner subsequently filed an actual return on XXXXX. Based on the information received, the recommended revised valuation is $$$$$.

XXXXX County had standing to object to the assessment of the subject property pursuant to the Utah Code Ann. §59-2-1013. (1953) but elected not to show cause.

ORDER

Based on the foregoing, the Utah State Tax Commission hereby finds the taxable value of the above 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 6 day of October, 1988.

BY ORDER OF THE STATE TAX COMMISSION OF UTAH.

ABSENT

R. H. Hansen Roger O. Tew

Chairman Commissioner

Joe B. Pacheco G. Blaine Davis

Commissioner Commissioner