91-1168 - Centrally Assessed

 

BEFORE THE UTAH STATE TAX COMMISSION

_________________________________

XXXXX : FINDINGS OF FACT,

Petitioner : CONCLUSIONS OF LAW,

: AND FINAL DECISION

v. :

:

PROPERTY TAX DIVISION OF THE : Appeal No. 91-1168

UTAH STATE TAX COMMISSION :

: Centrally Assessed

Respondent :

_____________________________________

This matter involves property tax assessments for the years XXXXX through XXXXX on improvements to a XXXXX, leased by Petitioner from the federal government. Respondent asks the Commission to exercise its authority under U.C.A. §59-2-1347(1)(b) to reduce the amount of property taxes which have been levied against the subject property.

In support of its request, Respondent cites the following circumstances: The subject property is centrally assessed by Respondent. During the years XXXXX through XXXXX, Respondent inadvertently failed to send notices of assessment to Petitioner, mailing them instead to another entity. The property was valued at $$$$$ for XXXXX, $$$$$ for XXXXX, $$$$$ for XXXXX, $$$$$ for XXXXX, $$$$$ for XXXXX $$$$$ for XXXXX, and $$$$$ for XXXXX.

During XXXXX, Respondents representative inspected the subject property and determined the XXXXX is not in operation, is on federal land, has no salvage value and has inadequate access. Respondent concluded the subject property should have been valued at $$$$$ for each year in question, and that property taxes should be computed on that value. XXXXX has been notified of Respondent's motion and agrees that it should be granted.

DECISION AND ORDER

Pursuant to U.C.A. Anno. §59-2-1347(1)(b) and good cause appearing therefore, the Commission hereby reduces the assessed value of the subject property to the amount of $$$$$ for each of the years XXXXX through XXXXX. Respondent is instructed to recompute the amount of tax due for those years and advise Petitioner accordingly. It is so ordered.

DATED this 7th day of October, 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