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Jefferson County Board of Equalization
TELEPHONE: 385.9100
COURTHOUSE
P.O. BOX 1220
PORT TOWNSEND, WASHINGTON 98368
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JEFFERSON COUNTY BOARD OF EQUALIZATION
MINUTES
JANUARY 5, 1994
James A. DeLeo
William S. Marlow
Richard A. Broders
Lars Watson
Chairman
Vice-Chairman
Member
Alternate
Chairman James A. DeLeo called the meeting to order at 11:00 a.m. Vice-Chairman
William S. Marlow and Member Richard A. Broders were also present.
APPROVAL OF MINUTF~
Vice-Chairman Bill Marlow moved to approve the minutes of December 8, 1993 as
presented. Member Dick Broders seconded the motion which carried by a unanimous vote.
HEARINGS
Robert Haggard
2203 16th Street
Everett, WA 98201-1714
BOE: 93-39-LO
93-40-C
PN: 989 704 301
989 704 304
Mr. Haggard and Mr. Sherman were present. Bob Shold was present on behalf of the
Assessor's office. After Chairman DeLeo explained the hearing process and swore them in
Mr. Haggard gave his testimony. He stated that he agrees the highest and best use
represent~ market value and comparable sales are an indicator of the market, but these should
be modified for special circumstances and conditions. His building which is located
downtown Port Townsend was damaged by a major fire and now is basically a shell. The
second and third floors are useless but the ground floor was fixed up and is currently being
leased. The comparable buildings used by the Assessor's office are fully functioning
buildings while his is not. He does not feel it is fair to calculate the value of his building
with the same figures used to calculate the value of the other buildings. Since his is a
special circumstance he feels his property value should be figured with an income approach.
In November 1993 the Assessor made an offer to lower the value of the building from
$212,500 to $120,000 which Mr. Haggard felt was still too high. Don Sherman, stated his
backgrOlmd has allowed him to deal extea~ively with lending and house appraisal work which
he feels gives him the knowledge to testify on Mr. Haggard's befalf. He then presented
figures based on comparable property, replacement value and an income approach.
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BOARD OF EQUALIZATION MEETING MINUTES - JANUARY 5, 1994
Page 2
Bob Shold stated the fact that Mr. Haggard has chosen not to do anything with the upper
floors of his building does not mean that the building has no value. He then presented
comparable sales for the Board to review.
After hearing the testimony of both parties the Board concurred to conduct an inspection of
the property and make a determination at a later date.
MEETING ADJOURNED
JEFFERSON COUNTY
B RD OF EQUALIZATION
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Chairman
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Erin K. Lundgren, ,erk 0 the Board
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