Regular Board of Supervisors Meeting
Return to the Search Page
Return to the Agenda
Approve the Proposed Settlement of the Small Tax Appeal in Bayshore, Inc. vs. Cochise County ST2019-000168
Susana Stark, County Attorney
No A/V Presentation
BOS Signature Required
# of ORIGINALS
Submitted for Signature:
Sara L. Dent
Civil Deputy County Attorney
Docket Number (If applicable):
Federal or State Mandate
Source of Mandate
or Basis for Support?:
Agenda Item Text:
Approve the proposed settlement of the Small Tax Appeal in Bayshore, Inc. v. Cochise County, now pending in Arizona Tax Court, a division of the Superior Court of and for Maricopa County.
Taxpayer filed a civil action in Arizona Tax Court, seeking a reduction in assessed value for parcel number 107-78-050A for tax year 2020.
After inspecting the property, reviewing the taxpayers’ documentation and other market factors/comparables, the Assessor agrees that the parcel’s full cash value and limited property value for tax year 2020 should be lowered.
The Assessor’s recommended settlement offer is as follows:
For tax year 2020, a reduction in full cash value from $1,122,947 to $448,556 (Land value = $209,796, Building $238,760). For tax year 2020, a reduction in limited property value from $1,122,947 to $448,556. The assessment ratio shall remain at 18%. The legal class shall be 0112 Commercial. Assessor shall recalculate the 2020 taxes on the subject property based upon full cash value as stated above. Each party would bear their own attorneys’ fees and costs. The taxpayer has accepted the settlement offer.
Department's Next Steps (if approved):
Upon approval by the Board, the parties will file the stipulated judgment and stipulation for entry of judgment with the Arizona Tax Court disposing of this matter, pursuant to the settlement terms.
Impact of NOT Approving/Alternatives:
Additional litigation for the County with the risk that the Court may: (1) rule in the taxpayers’ favor; (2) order a larger reduction in the assessed value of the subject property; and (3) order the County to pay the Plaintiffs’ fees and costs.
To BOS Staff: Document Disposition/Follow-Up:
Advise County Attorney's Office - Civil Division upon Board's approval.
Stipulation for Entry of Judgement
AgendaQuick ©2005 - 2021 Destiny Software Inc. All Rights Reserved.