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HomeMy WebLinkAboutM051998 1820 Jefferson Street PO Box 1220 Port Townsend, WA 98368 James A. DeLeo, District 1 William S. Marlow, District 2 Richard A. Broders, District 3 JEFFERSON COUNTY BOARD OF EQUALIZATION MINUTES MAY 19, 1998 Richard A. Broders Chairman William S. Marlot Vice-Chairman James A. DeLeo Member Chairman Richard A. Broders called the meeting to order at 10:00 a.m. in the presence of Vice-Chairman William S. Marlow and Member James A. DeLeo. APPROVAL OF MINUTES Member DeLeo moved to approve the minutes of April 7,14, & 21,1998. Vice-Chairman Marlow seconded the motion which carried by a unanimous vote. ASSESSMENT CORRECTION The Board concurred to accept the assessment correction for the following appeal reconvened for 1997: APPELLANT Carole Riegle APPEAL NO. 1997 Reconvening PARCEL NO. 962 700 082 REQUEST FOR RECONVENING and REQUEST FOR DIRECT APPEAL TO THE STATE BOARD OF TAX APPEALS Port Townsend Paper Corporation submitted a request to reconvene for the 1997 tax year, based on the condition being met pursuant to WAC 458-14-127 RECONVENED BOARDS-AUTHORITY (l)(c) which states Boards of Equalization may reconvene on their own authority to hear requests or appeals concerning the current assessment year when the request or appeal is filed with the Board by April 30 of the tax year immediately following the Board's regularly convened session and when a bona fide purchaser or contract buyer of record has acquired an interest in real property subsequent to the first day of July and on or before December 31 of the assessment year and the sale price was less than ninety percent ofthe assessed value. In addition, as this sale was unique in nature, the Port Townsend Paper Corporation and the Assessor submitted a request for direct appeal to the State Board of Tax Appeals. Vice-Chairman Marlow asked Port Townsend Paper Corporation's representative Tim Bemardez, which parcels are part of the paper mill and which parcels are off-site real estate? Vice-Chairman Marlow stated Phone (360)385-9100 / 1-800-831-2678 Fax (360)385-9382 jeffbocc@co.jefferson.wa.us . BOARD OF EQUALIZATION MINUTES - MAY 19, 1998 Page 2 that while the County Board of Equalization may not have the expertise to make an evaluation on the business and the land the paper mill encompasses, the members are very qualified to make a determination on the other parcels, which may mean that only a portion of the parcels being appealed need to go before the State Board of Tax Appeals. Mr. Bernardez stated that he is unable at this time to identify which parcels are part of the business and which are not, however, their main concern is with the value of the paper mill operation, rather than the other parcels. Assessor Jack Westerman stated that the sale of the property under appeal included the transfer of stock shares which was recorded in the Auditor's office, therefore there is no excise tax affidavit on which to determine an exact sale amount. The Excise Tax Division ofthe State Department of Revenue is still finalizing the exact value of the property in Jefferson County which is subject to excise tax. Once the amount for the entire sale/transfer is determined, the value of the property located in Portland, Oregon which is owned by the Port Townsend Paper Corporation and was part ofthe sale/transfer, must be deducted from the total amount. Also included in the sale/transfer were some items that are not taxable as real estate and must be deducted. When the State Board determines a total taxable property value in Jefferson County, the value of the parcels which are not part of the paper mill operation will be deducted. Mr. Westerman stated that if the State Board of Tax Appeals decides to make an adjustment, he will request that they only adjust the improvement value, in order to maintain equity among land values. The value of the other parcels are not in question, and most likely will not be changed. However, since they were part of the sale, they need to be included in the appeal and their values deducted as previously stated. Vice-Chairman Marlow moved to approve the request to reconvene for 1997 and the request to appeal directly to the State Board of Tax Appeals. Member DeLeo seconded the motion which carried by a unanimous vote. REQUEST FOR RECONVENING Thom Knight and David Jacobson submitted a request to reconvene for the 1997 tax year, based on the condition being met pursuant to WAC 458-14-127 RECONVENED BOARDS-AUTHORITY (1)( c) which states Boards of Equalization may reconvene on their own authority to hear requests or appeals concerning the current assessment year when the request or appeal is filed with the Board by April 30 of the tax year innnediately following the Board's regularly convened session and when a bona fide purchaser or contract buyer of record has acquired an interest in real property subsequent to the first day of July and on or before December 31 of the assessment year and the sale price was less than ninety percent of the assessed value. Assessor Jack Westerman presented a copy of the excise tax affidavit in support of the request. Vice-Chairman Marlow moved to approve the request to reconvene for 1997. Member DeLeo seconded the motion which carried by a unanimous vote. Meeting adjourned. JEFFERSON COUNTY BOARD OF EQUALIZATION b d A J\;i2/J~ ~V'B~~Chairman ATTEST: VlL~-};;' '-d 1 nlq/uL Erlll K. LunJr;Jen, ~ of thel'Board to-' William S. Marlow, Vice-Chairman ~6lt~~