BEFORE THE UTAH STATE TAX
COMMISSION
_____________________________________
XXXXX
Petitioner, :
v. : ORDER OF APPROVAL
:
PROPERTY TAX
DIVISION OF THE : Appeal No. 88 1192
UTAH STATE TAX COMMISSION, :
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 Petitioner
asserted that the subject property should have a lower taxable value as of the
lien date XXXXX for centrally assessed property tax purposes.
Petitioner
and Respondent agreed to the following facts: Additional economic obsolescence
needs to be considered in the valuation of the subject property since the XXXXX
has been closed down since XXXXX. Based
upon that the valuation should be $$$$$.
Salt
Lake County had standing to object to the assessment of the subject property
pursuant to Utah Code Ann. § 59-2-1013 but elected not to do so.
ORDER
Based
on the foregoing, the Utah State Tax Commission hereby finds the taxable value
of the subject property for the tax year XXXXX to be $$$$$.
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 5 day of January, 1989.
BY ORDER OF THE UTAH STATE TAX COMMISSION.
ABSENT
R. H. Hansen Roger
O. Tew
Chairman Commissioner
Joe B.
Pacheco G.
Blaine Davis
Commissioner Commissioner