92-1379 - Centrally Assessed

 

BEFORE THE UTAH STATE TAX COMMISSION

_____________________________________

XXXXX

dba XXXXX

Petitioner, :

:

v. : ORDER OF APPROVAL

:

PROPERTY TAX DIVISION OF THE : Appeal Nos. 92-1379.

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 dates XXXXX, XXXXX, XXXXX, and XXXXX.

Petitioner and Respondent have agreed that an adjustment of the valuations for each of the tax years in question is necessary. The Stipulation of Settlement is attached. After making the adjustment, the value for each of the years in question is $$$$$. Each affected 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 years in question is $$$$$. The Property Tax Division is hereby ordered to adjust its records in accordance with this order of approval. The County Auditors are authorized to adjust their records in accordance with the revised notice of assessment.

DATED this 2 day of May, 1995.

BY ORDER OF THE UTAH STATE TAX COMMISSION.

W. Val Oveson Alice Shearer

Chairman Commissioner

B. Pacheco Roger O. Tew

Commissioner Commissioner