90-1332 - Centrally Assessed

 

BEFORE THE UTAH STATE TAX COMMISSION

____________________________________

XXXXX,

Petitioner, : ORDER

:

v. : Appeal No. 90-1332

PROPERTY TAX DIVISION OF THE :

UTAH STATE TAX COMMISSION, :

Respondent. :

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STATEMENT OF CASE

This matter came before the Utah State Tax Commission upon a Petition for Reconsideration, dated XXXXX, filed by the Petitioner as a result of the Commission's final decision dated XXXXX.

FINDINGS

1. Utah Administrative Rule R861-1A-5(P) provides that a Petition for Reconsideration "will allege as grounds for reconsideration either a mistake in law or fact, or the discovery of new evidence." Under this rule, the Tax Commission may exercise its discretion in granting of denying a Petition for Reconsideration.

2. In its Petition for Reconsideration, the Petitioner alleged the Commission erred in its final decision in that the Commission failed to consider certain facts presented by the Petitioner during the hearing and also that the appraisal conducted by the Respondent was insufficient to sustain the value as estimated by the Respondent.

DECISION AND ORDER

After having carefully review the record of the prior hearings in light of the Petition for Reconsideration, the Tax Commission, nevertheless, affirms the final decision of XXXXX. The Tax Commission finds, as it did previously, that the Petitioner failed to meet its burden of proof in establishing a fair market value for the subject property based upon accepted property valuation principles.

Based upon the foregoing, it is the decision and order of the Utah State Tax Commission that the Petition for Reconsideration is denied. It is so ordered.

DATED this 13 day of February, 1992.

BY ORDER OF THE UTAH STATE TAX COMMISSION.

R. H. Hansen Roger O. Tew

Chairman Commissioner

Joe B. Pacheco S. Blaine Willes

Commissioner Commissioner