88-1457 - Centrally Assessed

 

BEFORE THE STATE TAX COMMISSION OF UTAH

_____________________________________

XXXXX

Petitioner, :

v. : ORDER OF APPROVAL

:

PROPERTY TAX DIVISION OF THE :

UTAH STATE TAX COMMISSION, : Appeal No. 88-1457

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

Petitioner and Respondent subsequently agreed to the following facts: Due to the condition of the plant, an increased obsolescence should be granted the facility, also additional financial data was supplied to the Property Tax Division in making the revised assessment. The original value as indicated by the Property Tax Division is $$$$$. The recommended revised value would be $$$$$.

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 do so.

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 10 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