BOARD OF EQUALIZATION
TUESDAY, JANUARY 31,
200
PRESENT: W.
SCOTT BIAS, PRESIDENT
ROBERT L. BAILEY, COMMISSIONER
NANCY CARTMILL, COMMISSIONER
SHARON ROSS, ASSISTANT COUNTY MANAGER
FOR BILLABLES AND PAYABLES
W. Scott Bias, President, called the Board of Equalization and Review to order at 10:00 a.m.
APPEARING KAY DAY, CHIEF DEPUTY FOR THE ASSESSOR’S OFFICE
Kay Day, Assessor’s Chief Deputy, stated the Assessor’s Real, Personal and Business Property books were available for the board to review, if needed.
10:00 A.M. GLENNA CREMEANS, APPEARING
5206 ROUTE 10, SALT ROCK, WV
DISTRICT-MCCOMAS, MAP-14, PARCEL-33
2005 APPRAISED VALUE - $61,600
2006 APPRAISED VALUE - $38,100
VALUE IN MS. CRENEANS OPINION - $17,000 TO $20,000
Ms. Cremeans stated that the building on this property, at one time, had been leased to a church, however, the building was now empty. Ms. Cremeans further stated that because there were restrictions in the deed and no proper right-of-way, the property was very hard to sell.
Jon Wheeler, Cabell County Assessor’s Office, stated the higher appraisal was due to the land sales in the area.
W. Scott Bias, President, informed Ms. Cremeans that she would be notified by mail of the Board’s decision.
10:15 A.M. BETTY TOPPINGS, APPEARING
10 SUNNY DRIVE, ONA, WV
DISTRICT-GRANT, MAP-12, PARCEL-57.4,
CLASS 2 (HE)
2005 APPRAISED VALUE - $150,000
2005 BOARD OF EQUALIZATION LOWERED
VALUE
FROM $180,400
2006 APPRAISED VALUE - $201,900
VALUE IN MS. TOPPING’S OPINION – NO
AMOUNT GIVEN
Ms. Toppings stated she did not agree with the appraised value of her property and gave the Board information on property around hers. Ms. Toppings further stated she had measured her house and the square footage was not the same as the assessor’s records. Mrs. Toppings went on to say that she had a handicap ramp added on to her house and informed the Commission she believed her high assessment was personal.
BOARD OF EQUALIZATION AND REVIEW
TUESDAY, JANUARY 31, 2006
PAGE TWO
John Perry, Cabell County Assessor’s Office, stated the appraised value was due to the sale of property in Ms. Topping’s area.
W. Scott Bias, President, informed Ms. Topping that she would be notified by mail of the Board’s decision
10:30 A.M. ANNA WOOLUM, APPEARING
303 WEST 10TH AVENUE,
HUNTINGTON, WV
DISTRICT–KYLE, MAP-43, PARCEL- 499,
CLASS 2 (HE)
2005 APPRAISED VALUE - $74,400
2006 APPRAISED VALUE - $85,700
VALUE IN MRS. WOOLUM’S OPINION -
$74,900
Ms. Woolum stated that the people around her were paying less then she was and she did not understand why her appraised value had increased.
J. D. Adkins, Cabell County Assessor’s Office, informed the Board that the house next to Ms. Woolen’s sold for $73,400 and it was a one story house. Mr. Adkins went on to say that as you go further down the block from Ms. Woolum’s house, the property value did go down.
W. Scott Bias, President, informed Ms. Woolum that she would be notified by mail of the Board’s decision.
10:45 A.M. WILLIAM LUNSFORD, APPEARING
DRY CREEK ROAD, MILTON, WV – 91.4
ACRES
DISTRICT–GRANT, MAP-19, PARCEL-0113
0000 6001
2005 APPRAISED VALUE - $8,850
2006 APPRAISED VALUE - $12,300
VALUE IN MR. LUNSFORD’S OPINION –
SAME AS 2005
DRY CREEK ROAD, MILTON, WV – 1 ACRE
DISTRICT–GRANT, MAP–19, PARCEL- 0113
0000 6002
2005 APPRAISED VALUE - $37,050
2006 APPRAISED VALUE - $45,600
VALUE IN MR. LUNSFORD’S OPINION –
SAME AS 2005
1231 W. MUD RIVER ROAD, MILTON, WV
DISTRICT-GRANT, MAP-20G, PARCEL-
0045 0000 0000
2005 APPRAISED VALUE - $76,000
2006 APPRAISED VALUE - $113,400
VALUR IN MR. LUNSFORD’S OPINION –
SAME AS 2005
BOARD OF EQUALIZATION AND REVIEW
TUESDAY, JANUARY 31, 2006
PAGE THREE
Mr. Lunsford stated that the first piece of property was a gift from his parents and was only used for farming; the second piece of property had a block house with a concrete floor and the third piece of property was appraised for too much because the basement floods.
Brent Williams, Cabell County Assessor’s Office, explained that the 91.4 acres and the one acre was really one piece of property, however, they had to separate the properties due to a different tax rate because the one acre had a house on it that was not being utilized for farming. Mr. William went on to say that the 91.4 acres had an exemption because it was used for farming. Mr. Williams also gave the Commission information on the sale of properties around Mr. Lunsford’s property and mentioned that other properties in the area had also been reappraised.
W. Scott Bias, President, informed Mr. Lunsford that he would be notified by mail of the Board’s decision.
11:15 A.M. CANCELLED – RESCHEDULED FOR FEBRUARY
17, 2006
Robert L. Bailey, Commissioner, moved to approve lowering the appraised value of the property located at 5206 State Route 10, Salt Rock, McComas District, Map 14, Parcel 33 from $38,100 to $30,000. Nancy Cartmill, Commissioner, seconded the motion and the vote was unanimous.
Robert L. Bailey, Commissioner, moved to approve lowering the appraised value of the property located at 10 Sunny Drive, Ona, Grant District, Map 12, Parcel 57.4, Class 2 (HE) from $201,900 to $165,000. Nancy Cartmill, Commissioner, seconded the motion and the vote was unanimous.
Robert L. Bailey, Commissioner, moved to approve lowering the appraised value of the property located at 303 West 10th Avenue, Huntington, Kyle District, Map 43, Parcel 499, Class 2 (HE) from $85,700 to $74,900. Nancy Cartmill, Commissioner, seconded the motion and the vote was unanimous.
Robert L. Bailey, Commissioner, moved to approve leaving the appraised value at $12,300 for the property located at Dry Creek, Milton, Grant District, Map 19, Parcel 0113 0000 6001 (91.4 acres). Nancy Cartmill, Commissioner, seconded the motion and the vote was unanimous.
Robert L. Bailey, Commissioner, moved to approve lowering the appraised value of the property located at Dry Creek, Milton, Grant District, Map 19, Parcel 0113 0000 6002 (1 acre) from $45,600 to 39,500. Nancy Cartmill, Commissioner, seconded the motion and the vote was unanimous.
BOARD OF EQUALIZATION AND REVIEW
FRIDAY, JANUARY 31, 2006
PAGE FOUR
Nancy Cartmill, Commissioner, moved to approve lowering the appraised value of the property located at 1231 W. Mud River, Milton, Grant District, Map 20G, Parcel 0045 0000 0000 from $113,400 to $80,000.00. Robert L. Bailey, Commissioner, seconded the motion and the vote was unanimous.
W. Scott Bias, President, recessed the meeting at 11:13 a.m., until February 3, 2006 at 10:00 a.m.
BOARD OF EQUALIZATION AND REVIEW
FRIDAY, FEBRUARY 3, 2006
PRESENT: W. SCOTT BIAS, PRESIDENT
ROBERT L. BAILEY, COMMISSIONER
NANCY CARTMILL, COMMISSIONER
SHARON ROSS, ASSISTANT COUNTY
MANAGER
FOR BILLABLES AND PAYABLES
W. Scott Bias, President, reconvened the meeting of the Board of Equalization and Review at 10:00 a.m.
APPROVE: CORRECTIONS OF APPRAISAL OR
ASSESSMENTS ON
REAL, PERSONAL, AND BUSINESS PROPERTY
Nancy Cartmill, Commissioner, moved to approve the corrections of appraisal or assessments on real, personal and business property, as provided by the Assessor. Robert L. Bailey, Commissioner, seconded the motion and the vote was unanimous.
Exhibit (A)
10:00 A.M. CANCELLED
10:15 A.M. CANCELLED
10:30 A.M. CLETIS RICHARDS, APPEARING
5140 ROUTE 10, BARBOURSVILLE, WV
DISTRICT-MCCOMAS, MAP-9,
PARCEL-88-CLASS 2 (HE)
2005 APPRAISED VALUE - $50,700
2006 APPRAISED VALUE - $69,200
Mr. Richards stated he believed his appraised value was too high because there was a junk yard near his house which he believed lessened the value of his home.
John Perry, Cabell County Assessor’s Office, stated that Mr. Richards had added a garage on his property and that the Assessor’s Office had taken into consideration the junk yard near this property.
BOARD OF EQUALIZATIONAND REVIEW
FRIDAY, FEBRUARY 3, 2006
PAGE FIVE
W. Scott Bias, Commissioner, informed Mr. Richards that he would be notified by mail of the Board’s decision.
Robert L. Bailey, Commissioner, moved to approve lowering the appraised value of the property located at 5140 Route 10, Barboursville, McComas District, Map 9, Parcel 88, Class 2 (HE) from $69,200 to $60,000. Nancy Cartmill, Commissioner, seconded the motion and the vote was unanimous.
W. Scott Bias, President, recessed the meeting at 10:40 a.m., until February 7, 2006, at 2:00 p.m.
BOARD OF EQUALIZATION AND REVIEW
TUESDAY, FEBRUARY 7, 2006
PRESENT: W. SCOTT BIAS, PRESIDENT
ROBERT L. BAILEY, COMMISSIONER
SHARON ROSS, ASSISTANT COUNTY
MANAGER
FOR BILLABLES AND PAYABLE
ABSENT: NANCY CARTMILL, COMMISSIONER
W. Scott Bias, President, reconvened the meeting of the Board of Equalization and Review at 2:00 p.m.
APPROVE: CORRECTIONS OF APPRAISAL OR
ASSESSMENT ON
REAL, PERSONAL AND BUSINESS PROPERTY
Robert L. Bailey, Commissioner, moved to approve the corrections of
appraisal or assessment on real, personal and business property, as provided by
the Assessor. W. Scott Bias,
President, seconded the motion and the vote was unanimous. Exhibit
(B)
2:00 P.M. APPROVAL OF CORRECTIONS BY THE
PROPERTY
TAX DIVISION, APPRAISAL SERVICES
UNIT, OF
FOURTEEN INDUSTRIAL REAL ESTATE
PARCELS,
WEST VIRGINA CODE 11-3-24
John Perry, Cabell County Assessor’s Office, explained that the West Virginia Property Division, Appraisal Services Unit, had completed a correction of fourteen industrial real estate parcels in Cabell County, that were found to be in error because of incorrect land table values. Mr. Perry stated since this error was in part by the State Tax Department, all costs of mailing certified letters to the businesses would be paid by the Tax Department.
BOARD OF EQUALIZATION AND REVIEW
TUESDAY, FEBRUARY 7, 2006
PAGE SIX
Robert L. Bailey, Commissioner, moved to approve corrections of fourteen
industrial real estates parcels. W.
Scott Bias, Commissioner, seconded the motion and the vote was unanimous. Exhibit
(C)
W. Scott Bias, President, recessed the meeting at 2:05 p.m., until February 9, 2006, at 1:00 p.m.
BOARD OF EQUALIZATION AND REVIEW
THURSDAY, FEBRUARY 9, 2006
PRESENT: ROBERT L. BAILEY, PRESIDENT PRO-TEM
NANCY CARTMILL, COMMISSIONER
SHARON ROSS, ASSISTANT COUNTY
MANAGER
FOR BILLABLES AND PAYABLES
ABSENT: W. SCOTT BIAS, PRESIDENT
Robert L. Bailey, President Pro-Tem, reconvened the Board of Equalization and Review at 1:00 p.m.
1:00 P.M. EVERETT CHAPMAN, APPEARING
1398 DRY CREEK ROAD, MILTON, WV
DISTRICT–GRANT, MAP–19, PARCEL–0111
2005 APPRAISED VALUE - $90,500
2006 APPRAISED VALUE - $108,200
VALUE IN MR. CHAPMAN’S OPINION -
$85,000
Everett Chapman, 1398 Dry Creek Road, stated he believed that the assessment of his property was too high because of the location of his property. Mr. Chapman further stated that he had built the structure himself, the land had been given to him by his grandmother and his property flooded several times a year.
Brent Williams, Cabell County Assessor’s Office, stated Mr. Chapman’s property was appraised at market value and with the sales comparable method. Mr. Williams further stated that a house smaller than Mr. Chapman’s sold for $65,000, but the increase was due to the value of the land which increased with an average of $700.00 an acre. Mr. Williams went on to say that Mr. Chapman did receive a reduction, in the amount of $7,500.00, in consideration of the flooding.
Robert L. Bailey, President Pro-Tem, informed Mr. Chapman that he would be notified by mail of the Board’s decision.
BOARD OF EQUALIZATION AND REVIEW
THURSDAY, FEBRUARY 9, 2006
PAGE SEVEN
Robert L. Bailey, President Pro-Tem, moved to approve lowering the appraised value of the property located at 1398 Dry Creek Road, Milton, Grant District, Map 19, Parcel 0111, from $108,200 to $90,500.00. Nancy Cartmill, Commissioner, seconded the motion and the vote was unanimous.
Robert L. Bailey, President Pro-Tem, recessed the meeting at 1:20 p.m., until February 12, 2006, at 10:00a.m.
BOARD OF EQUALIZATION AND REVIEW
MONDAY, FEBRUARY 13, 2006
PRESENT: W. SCOTT BIAS, PRESIDENT
ROBERT L. BAILEY, COMMISSIONER
NANCY CARTMILL, COMMISSIONER
SHARON ROSS, ASSISTANT COUNTY
MANAGER
FOR BILLABLES AND PAYABLES
W. Scott Bias, President, reconvened the meeting of the Board of Equalization and Review at 10:00 a.m.
APPROVE: CORRECTIONS OF APPRAISAL OR
ASSESSMENT ON
REAL, PERSONAL AND BUSINESS PROPERTY
Nancy Cartmill, Commissioner, move to approve the corrections of
appraisal or assessments on real, personal and business property, as provided
by the Assessor. Robert L. Bailey,
Commissioner, seconded the motion and the vote was unanimous. Exhibit
(D)
10:00 A.M. ROBERT & SHERRY RAMSEY,
APPEARING
1172 LEE CREEK ROAD, CULLODEN, WV
DISTRICT-GRANT, MAP-21, PARCEL-27
2005 APPRAISED VALUE - $67,000
2006 APPRAISED VALUE - $103,000
VALUE IN THE RAMSEY’S OPINION -
$68,717
Mr. & Mrs. Ramsey stated they believed their appraisement was too high because they believed the house in which they were living should be torn down.
Brent Williams, Cabell County Assessor’s Office, showed the Board a map of where the property was located and stated that the land value in that area had also increased, making their property more valuable. Mr. Williams stated that the comparable replacement method was used in the assessment and a 20% reduction was also taken in consideration due to some of their land flooding.
BOARD OF EQUALIZATION AND REVIEW
MONDAY, FEBRUARY 13, 2006
PAGE EIGHT
W. Scott Bias, President, informed Mr. & Mrs. Ramsey that they would be notified by mail of the Board’s decision.
10:15 A.M. DON FAHERTY, APPEARING
FOSTER FOUNDATION, ONE BRADLEY
FOSTER DRIVE
HUNTINGTON, WV
DISTRICT-HUNTINGTON/GUYANDOTTE,
MAP–89,
PARCEL-2
2005 APPRAISED VALUE - $28,353,300
2006 APPRAISED VALUE - $27,489,100
VALUE IN MR. FAHERTY’S OPINION - $7,088,325
Mr. Faherty explained to the Board that the Foster Foundation was created as a non-profit corporation. Mr. Faherty went on to say that no state or federal funds were used to build the Woodlands Retirement Center. Mr. Faherty stated that no resident was required to leave Woodlands for a lack of funds.
Commissioner Bailey asked if the residents lose their Homestead Exemption when they move to the Woodlands and Mr. Faherty replied they did.
Robert Withers, Certified Appraiser hired by the Foster Foundation, showed the Board what he believed to be comparable assessment and tax data on several properties that he believed to be comparable to Woodlands.
Mr. Withers explained to the Board what appraisers look for when they do appraisements and gave the Board a sheet with what he believed the appraisement should be for the Woodlands.
Brian Daniels, Cabell County Assessor’s Office, gave the Board pictures of the Woodland Retirement Center and the individual homes that have been built on the grounds. Mr. Williams gave information to the Board on the cost of permits that have been issued for the expansion of Woodlands.
Nancy Cartmill, Commissioner, asked Ottie Adkins, Assessor, if any of his employees were certified appraisers and Mr. Adkins replied they were not. Mr. Adkins explained that his appraisers meet state requirements and also have on the job training.
W. Scott Bias, President, informed Mr. Faherty that he would be notified by the mail of the Board’s decision.
Robert L. Bailey, Commissioner, moved to approve lowering the appraised value of the property located at 1172 Lee Creek Road for Robert & Sherry Ramsey. Motion died for lack of second.
BOARD OF EQUALIZATION AND REVIEW
MONDAY, FEBRUARY 13, 2006
PAGE NINE
Nancy Cartmill, Commissioner, moved to approve lowering the appraised value of the property located at 1172 Lee Creek Road, Culloden, Grant district, Map 21, Parcel 27 from $103,300 to $75,000. Robert L. Bailey, Commissioner, seconded the motion and the vote was unanimous.
President Bias asked the Board what they would recommend for the Woodland property and Commissioner Bailey stated he would like to study the information before making a decision.
W. Scott Bias, President,
recessed the meeting at 11:30 a.m., until February 17, 2006, at 1:00 p.m.
BOARD OF EQUALIZATION AND REVIEW
FRIDAY, FEBRUARY 17, 2006
PRESENT: W. SCOTT BIAS, PRESIDENT
ROBERT l. BAILEY, COMMISSIONER
NANCY CARTMILL, COMMISSIONER
SHARON ROSS, ASSISTANT COUNTY
MANAGER
FOR BILLABLES AND PAYABLES
W. Scott Bias, President, reconvened the meeting of the Board of Equalization and Review at 1:00 p.m.
APPROVE: CORRECTIONS OF APPRAISAL OR
ASSESSMENTS ON
REAL, PERSONAL, AND BUSINESS
PROPERTY
Robert L. Bailey, Commissioner, moved to approve the corrections of
appraisal or assessments on real, personal and business property, as provided
by the Assessor. Nancy Cartmill,
Commissioner, seconded the motion and the vote was unanimous. Exhibit
(E)
1:00 P.M. CANCELLED
1:15 P.M. CANCELLED
1:30 P.M. CHARLES PEOPLES, ATTORNEY, APPEARING
FOR:
SIMMS SCHOOL LIMITED PARTNERSHIP
1680 11TH AVENUE,
HUNTINGTON
DISTRICT-GIDEON, MAP-46, PARCEL-48.1
2005 APPRAISED VALUE - $513,900
2006 APPRAISED VALUE – 513,900
BOARD OF EQUALIZATION AND REVIEW
FRIDAY, FEBRUARY 17, 2006
PAGE TEN
HUNTINGTON HIGH LIMITED PARTNERSHIP
8TH STREET – 9TH
AVENUE, HUNTINGTON
DISTRICT-GIDEON, MAP-44, PARCEL-222
2005 APPRAISED VALUE - $2,882,200
2006 APPRAISED VALUE - $2,922,500
Charles Peoples, Attorney, appeared before the Board on behalf of the Simms School Limited Partnership and the Huntington High Limited Partnership, requesting the appraised value be lowered for both properties. Mr. Peoples stated that both properties’ rents were subsidized by the government which would not create a cash flow. Mr. Peoples went on to say there were restrictions in the deeds of both properties.
David Bunch, Certified Appraiser, stated that due to the deed restrictions and the negative cash flow he believed the properties had no market value and were non-saleable.
John Perry, Cabell County Assessor’s Office, stated he would speak with the State Tax Department regarding the correct way to appraise these properties for the year 2007 and the Assessor’s Office would be fine with whatever the Board should decide for 2006.
Robert L. Bailey, Commissioner, moved to lower the appraised value of the property for Simms School Limited Partnership, located at 1680 11th Avenue, Huntington, Gideon District, Map 46 and Parcel 48.1 from $513,900 to a zero amount and to lower the appraised value of the property for Huntington High Limited Partnership, located at 8th Street and 9th Avenue, Huntington, Gideon District, Map 44 and Parcel 222 from $2,922,500 to a zero amount. W. Scott Bias, President, seconded the motion and the vote was unanimous.
W. Scott Bias, President, asked the Board if they had decided what action they would like to take with the Foster Foundation concerning The Woodlands Retirement Center.
Robert L. Bailey, Commissioner, moved to approve lowering the appraised value of The Woodlands Retirement Center (Foster Foundation), located at One Bradley Foster Drive, Huntington, Guyandotte District, Map 89, Parcel 2 from $27,489,100 to $20,000,000. W. Scott Bias, President, seconded the motion and the vote was unanimous.
1:45 P.M. CANCELLED
2: P.M. WILLIAM
“BILL” FRAZIER, ATTORNEY, APPEARING FOR:
R. LAWRENCE DUNWORTH
3045
8th STREET ROAD, HUNTINGTON
DISTRICT-GUYANDOTTE, MAP-6N, PARCEL 8
2005 APPRAISED VALUE - $1,785,300
2006 APPRAISED VALUE - $1,818,200
BOARD OF EQUALIZATION AND REVIEW
FRIDAY, FEBRUARY 17, 2006
PAGE ELEVEN
William Frazier, Attorney for R. Lawrence Dunworth, appeared before the Board to request lowering the appraised value of property owned by Mr. Dunworth. Mr. Frazier stated he believed the assessor failed to follow the statute (11-3-1) and had failed to apply the exception to the true and actual value in the appraisement of Mr. Dunworth’s property.
Jerry Hutchinson, Cabell County Assessor’s Office, passed out a letter to the Board from the Attorney General’s Office which stated the statute in question had been superseded by several other laws which would mean the old law was not applicable.
Mr. Frazier stated he believed the statue had not been repealed, therefore, it was still valid.
Commissioner Cartmill asked how the Assessor came to the appraised value.
Jon Wheeler, Cabell County Assessor’s Office, stated the appraised value was from the cost of replacement which would be approximately $165.00 per square foot.
W. Scott Bias, President, informed Mr. Frazier that he would be notified by mail of the Board’s decision.
Nancy Cartmill, Commissioner, moved to approve leaving the appraised value of the property located at 3045 8th Street, Huntington, Guyandotte District, Map 6N and Parcel 8 at $1,818,200. Robert L. Bailey, Commissioner, seconded the motion and the vote was unanimous.
W. Scott Bias, President, recessed the meeting at 3:00 p.m., until February 21, 2006, at 10:00 a.m.
BOARD OF EQUALIZATION AND REVIEW
TUESDAY, FEBRUARY 21, 2006
PRESENT: W. SCOTT, BIAS, PRESIDENT
NANCY CARTMILL, COMMISSIONER
SHARON
ROSS, ASSISTANT COUNTY MANAGER
FOR BILLABLES AND PAYABLES
ABSENT: ROBERT L. BAILEY, COMMISSIONER
W. Scott Bias, President, reconvened the meeting of the Board of Equalization and Review at 10:00 a.m.
APPROVE: CORRECTIONS OF APPRAISAL OR
ASSESSMENT ON
REAL, PERSONAL AND BUSINESS PROPERTY
BOARD OF EQUALIZATION AND REVIEW
TUESDAY, FEBRUARY 21, 2006
PAGE TWELVE
Nancy Cartmill, Commissioner, moved to approve corrections of appraisal
or assessment on real, personal and business property, as provided by the
Assessor. W. Scott Bias, President,
seconded the motion and the vote was unanimous. Exhibit (F)
10:00 A.M. SIMMS SCHOOL LIMITED PARTNERSHIP
1680 11TH AVENUE,
HUNTINGTON
DISTRICT-GIDEON, MAP-46, PARCEL-48.1
2005 APPRAISED VALUE - $513,900
2006 APPRAISED VALUE - $513,900
2006 APPRAISED VALUE LOWERED TO $0
VALUE
HUNTINGTON HIGH LIMITED PARTNERSHIP
8TH STREET – 9TH
AVENUE, HUNTINGTON
DISTRICT-GIDEON, MAP-44, PARCEL-222
2005 APPRAISED VALUE - $2,882,200
2006 APPRAISED VALUE - $2,922,500
2006 APPRAISED VALUE LOWEERED TO $0
VALUE
President Bias stated the Board would revisit the issue of Simms School Limited Partnership and the Huntington High Limited Partnership properties.
Jerry Hutchinson, Reappraisal Chief Deputy, stated that when the Assessor’s Attorney checked into the deeds of both properties, he could not find any restrictions. Mr. Hutchinson went on to say that he had talked with the State Tax Department on this issue and they believed that by placing a zero amount for the appraised value of the property, it would be setting a precedence which would not be in the best interest of the county.
Brian Daniels, Cabell County Assessor’s Office, stated this property was not typically subsidized housing, as federal grants were used to renovate the property placing a forty year cap on the amount of rent to be charged and restricting the use of the property. Mr. Daniels went on to say that having this information now, he could adjust that appraised value from $513, 900 to $312,200.
Nancy Cartmill, Commissioner, moved to resend the previous motion on February 17, 2006, where the appraised value for the Simms property was reduced to a zero amount. W. Scott Bias, President, seconded the motion and the vote was unanimous.
Nancy Cartmill, Commissioner, moved to reduce the Simms School Limited Partnership located at 1680 11th Avenue, Huntington, Gideon District, Map 46 and Parcel 45.1 from $513,900 to $312,200. W. Scott Bias, President, seconded the motion and the vote was unanimous.
BOARD OF EQUALIZATION AND REVIEW
TUESDAY, FEBRUARY 21, 2006
PAGE THIRTEEN
Brian Daniels, Cabell County Assessor’s Office, stated the same thing applied for the Huntington High Limited Partnership as it did for the Simms School Partnership and the Assessor’s Office could lower the appraised value to $2,000,000.
Nancy Cartmill, Commissioner, moved to resend the previous motion made on February 17, 2006, where the appraised value of the Huntington High property was reduced to a zero amount. W. Scott Bias, President, seconded the motion and the vote was unanimous.
Nancy Cartmill, Commissioner, moved to reduce the Huntington High Limited Partnership, located at 8th Street and 9th Avenue, Huntington, Gideon District, Map 44 and Parcel 222 from $2,922,500 to $2,000,000. W. Scott Bias, President, seconded the motion and the vote was unanimous.
There being no further business before the Board of Equalization and Review, the meeting was adjourned Sine Die, at 10:15 a.m.
____________________________________________
PRESIDENT,
COUNTY COMMISSION
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