92-1315 - Centrally Assessed

 

BEFORE THE UTAH STATE TAX COMMISSION

_____________________________

XXXXX

Petitioner, : ORDER OF APPROVAL

v. :

:

PROPERTY TAX DIVISION OF THE : Appeal No. 92-1315

UTAH STATE TAX COMMISSION, :

: Tax Type: Centrally 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 an adjustment of the valuation is necessary and proper based upon the stipulation of the parties. Therefore, the value is adjusted from $$$$$ to $$$$$ for the XXXXX tax year.

XXXXX County had standing to object to the assessment of the subject property pursuant to Utah Code Ann. §59-2-1007, but elected not to do so.

ORDER

Based on the foregoing, the Utah State Tax Commission hereby finds the market value of the 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 XXXXX County Auditor is also authorized to adjust its records in accordance with the revised notice of assessment.

DATED this 27TH day of DECEMBER , 1993.

BY ORDER OF THE UTAH STATE TAX COMMISSION.

W. Val Oveson Roger O. Tew

Chairman Commissioner

Joe B. Pacheco Alice Shearer

Commissioner Commissioner