87-1049 - Centrally Assessed

 

BEFORE THE STATE TAX COMMISSION OF UTAH

_____________________________________

XXXXX

Petitioner, :

v. : ORDER OF APPROVAL

PROPERTY TAX DIVISION OF THE : Appeal No. 87-1049

STATE TAX COMMISSION OF UTAH )

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. The estate of XXXXX stated that the subject property should have a taxable value of $$$$$ as of the lien date, XXXXX.

Petitioner and Respondent agreed to the following facts: XXXXX died XXXXX. The mineral rights listed in this assessment were deeded to his six children. This is a matter of record at the XXXXX County Recorder's office. The original valuation of the assessment was $$$$$. The recommended revised valuation is $$$$$. The subject property is now assessed to the six children.

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

Based on the foregoing, the Utah State Tax Commission hereby finds the taxable value of the subject property as assessed to XXXXX as of XXXXX to be $$$$$ and finds that the subject property is properly assessed to the six children of XXXXX as of XXXXX.

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 1 day of December, 1987.

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

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