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<br />Board of Equalization: Minutes of October 31, 1990 <br />DETERMINATIONS <br /> <br />Page: 2 <br /> <br />MOTION <br /> <br />Vice-Chairman Douglas moved to reduce the land valuation by <br />$1,000 (from $7,100 to $6,100) as there isn't any access to water <br />and the parcel is divided into two portions by Luck Road. The <br />motion included the improvements being sustained at $6,930 for a <br />total adjusted valuation of $13,030. Member Archie Barber, Jr., <br />seconded the motion which carried by unanimous vote. <br /> <br />Faith Farm <br /> <br />BOE: 90-005-F a PN: 802 253 006 <br /> <br />The Minutes of July 19, 1990 show the facts presented to the Board. Available data was <br />reviewed and the Board noted that an on-site inspection was held on August 13, 1990 at <br />1:00 p.m. Vice-Chairman Douglas perused the land with a member of the Faith Farm, <br />Diana Frantz. <br /> <br />MOTION <br /> <br />Vice-Chairman Douglas moved to sustain the valuation on Parcel <br />Number 802 253 006. Member Archie Barber, Jr., seconded the <br />motion which carried by unanimous vote. The justification for <br />sustaining valuation on this parcel is that it already received a <br />40% reduction due to wet lands and that it is comparable to <br />properties presented by the Assessor. <br /> <br />Faith Farm <br /> <br />BOE: 90-005-F b PN: 802362 006 <br /> <br />The Minutes of July 19, 1990 show the facts presented to the Board. Available data was <br />reviewed and the Board noted that an on-site inspection was held on August 13, 1990 at <br />1:00 p.m. Vice-Chairman Douglas perused the land with a member of the Faith Farm, <br />Diana Frantz. <br /> <br />MOTION <br /> <br />Vice-Chairman Douglas moved that the land value of <br />$32,530 be sustained (20.02 acres times $2,500 = $50,050.00 <br />x 60% as -40% reduction for wet lands = $30,030.00 plus <br />$2,500 for one improved acre equalling $32,530) and that <br />the valuation of the improvements (barn) be raised from <br />$2,000 to $5,000 to reflect the true value as requested by <br />the petitioner during testimony. Archie Barber, Jr., <br />seconded the motion which carried by unanimous vote. <br />