87-1064 - Centrally Assessed

 

BEFORE THE STATE TAX COMMISSION OF UTAH

_____________________________________

XXXXX

            Petitioner,                                                         :

v.                                                                                 :           ORDER OF APPROVAL

PROPERTY TAX DIVISION OF THE                       :           Appeal No. 87-1064

STATE TAX COMMISSION OF UTAH,                  )

            Respondent.                                                     :

_____________________________________

STATEMENT OF CASE

            This matter came before the Utah State Tax Commission for an Informal Hearing.  Prior to the setting of the hearing, the Property Tax Division of the Utah State Tax Commission (Respondent) did an update appraisal on the centrally assessed subject property and revised the valuation.  The Petitioners have accepted and agreed to that valuation.  That acceptance is attached hereto and incorporated herein by reference.

            XXXXX County had standing to object to the revised assessment but elected not to show cause.

DECISION AND ORDER

            The Tax Commission hereby adopts the stipulation entered into between the parties and orders that the taxable value of the subject property for centrally assessed purposes be adjusted to $$$$$ for XXXXX.

            The subject property is returned to the county for local assessment.

            DATED this 15 day of October, 1987.

BY ORDER OF THE STATE TAX COMMISSION OF UTAH.

R. H. Hansen                                                                Roger O. Tew

Chairman                                                                      Commissioner

ABSENT

Joe B. Pacheco                                                            G. Blaine Davis

Commissioner                                                               Commissioner

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