98-0864

PROPERTY TAX/CENTRALLY ASSESSED

Signed 1/29/99

BEFORE THE UTAH STATE TAX COMMISSION

____________________________________

PETITIONER., )

) ORDER OF APPROVAL

Petitioner, )

) Appeal No. 98-0864

v. )

) Tax Type: Property Tax/Centrally Assessed

PROPERTY TAX DIVISION OF THE )

UTAH STATE TAX COMMISSION, )

) Official: Davis

Respondent. )

)

_____________________________________

STATEMENT OF THE CASE

This matter came before the Utah State Tax Commission on Petitioner's appeal of the property tax assessment on the subject property. Petitioner and Respondent have agreed that an adjustment to Respondent's initial valuation from $$$$$ to $$$$$ for the 1998 tax year is necessary. 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 year 1998 is $$$$$.

The Property Tax Division is ordered to adjust its records in accordance with this order of approval. The Property Tax Division is also ordered to calculate final adjustments to the values apportioned to each affected tax district resulting from this order and to deliver that information to the affected counties on behalf of the Commission. The County Auditors are ordered to use the information so provided to adjust their tax roles in accordance with the revised assessment.

_______________________________________

G. Blaine Davis

Administrative Law Judge

BY ORDER OF THE COMMISSION:

The Commission has reviewed this case and the undersigned concur in this decision.

DATED this 29^TH day of January, 1999.

Richard B. McKeown Joe B. Pacheco

Chairman Commissioner

Pam Hendrickson R. Bruce Johnson

Commissioner Commissioner

^^