92-1309 - Centrally Assessed

 

BEFORE THE UTAH STATE TAX COMMISSION

________________________________

XXXXX

Petitioner, : ORDER OF APPROVAL

:

v. :

:

PROPERTY TAX DIVISION OF THE : Appeal No. 92-1309

UTAH STATE TAX COMMISSION, :

: Tax Type: Cent. Assessed

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 on the subject property. Petitioner asserted that the subject property should have a lower market value as of the lien date XXXXX.

Petitioner and Respondent have agreed that adjustment of the valuation is necessary. Therefore, the total system value is adjusted from $$$$$ to $$$$$ for the XXXXX tax year, The parcel was re-appraised and should have been assessed at $$$$$; and parcel number XXXXX is locally assessed and should have been removed from the rolls for XXXXX.

Each county had standing to object to the assessment of the subject property pursuant to Utah Code Ann. §53-2-1007, but elected not to do so.

ORDER

Based on the foregoing, the Utah State Tax Commission hereby finds the market value of the Utah portion of the subject property for the tax year XXXXX is $$$$$.

The Property Tax Division is hereby ordered to adjust its records in accordance with this order of approval. The affected County Auditors are also authorized to adjust their records in accordance with the revised notice of assessment.

DATED this 14th day of July, 1992.

BY ORDER OF THE UTAH STATE TAX COMMISSION.

ABSENT

R. H. Hansen Roger O. Tew

Chairman Commissioner

Joe B. Pacheco S. Blaine Willes

Commissioner Commissioner