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HomeMy WebLinkAboutRES-2009-002 Resolution approving Property Value Changes 2 1 NORTH CAROLINA ORANGE COUNTY VALUE CHANGE RESOLUTION Whereas,North Carolina General Statutes 105-325 empowers the Board of County Commissioners to order changes to tax records after the Board of Equalization and Review has adjourned;and Whereas, the Board of Equalization and Review has adjourned for the year 2008. NOW,THEREFORE,IT IS RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF ORANGE COUNTY THAT the recommended property tax value changes are ordered. Upon motion duly made and seconded,the foregoing resolution was passed by the following votes: Ayes: Co i .. sioners ' ' �. I A ad t,,/i, ice,i - f r -.. L. / (� d. AL.�..�_ ■ I i Noes: I,Donna Baker,Clerk to the Board of Commissioners for the County of Orange,North 1 Carolina,DO HEREBY CERTIFY that the foregoing has been carefully copied from the recorded 41 Mutes of the Board of Commissioners for said County at a regular meeting of said Board held on ia/'/1 1 1/ said record having been made in the Minute Book of the minutes of said Board,and is true co py of so much of said proceedings of said Board as relates in any way to the passage of the resolution described in said proceedings. WITNESS my hand and the corporate seal of said County,this a3 day of ,i/ L....; , d2009Q 1 4 b. ' 1/4 / W; , k`. Jam _- / u 1 ;e ;k o the oard o Commissioners i; 7i t`$ VALUE CHANGES (GS 105-325) January 22, 2009 Value Rate Financial Property Name Map Ref Tract # Old Value New Value Difference Code Impact Description Reason for Adjustment Tony Wayne McCullock Jr 3.11..1A 352218 182,013 157,723 -24,290 03 -292.10 Residence Value Change is for 2008 Residence was assessed and billed as though the construction was 100% complete. Field inspection verified part of structure is still under construction. Capkov Ventures Inc 7.171..111 773672 320,000 32,000 -288,000 21 -5,513.18 Land Value Change is for 2008 A clerical keying error resulted in an erroneous value Megan Phillips 5.24..136 573227 213,105 156,907 -56,198 09 -592.89 Residence Value Change is for 2008 Residence was assessed as though having a finished second floor. Field inspection verified that the second floor was unfinished attic space. David J Stuckey 7.1076.8.13 724800 231,208 215,140 -16,068 21 -307.59 Residence Value Change is for 2008 Addition to residence was added in error. Field inspection verified no addition made. Stock Building Supply Inc 7.97.F.7 713313 140,199 92,873 -47,326 21 -905.96 Residence Value Change is for 2008 Residence was assessed and billed as though the construction was 100% complete. Field inspection verified part of the structure is still under construction. Amba Ventures LLC 4.40.A.8R 459587 1,436,917 1,358,349 -78,568 23 -1,310.51 Commercial Value Change is for 2008 Field inspection indicated a different construction quality/grade. Adjustment resulted in reduced valuation. Fred P Johnston 7.94.B.6A 712666 39,398 9,270 -30,128 22 -545.02 Land Value Change is for 2008 Owner provided documentation indicating construction permit denial because lot is not on an approved town maintained road. Restrictions limit marketability and use. George & Shawn Williams 6.47..37 671432 398,681 264,187 -134,494 03 -1,412.53 Residence Value Change is for 2008 Residence ws assessed and billed as though the construction was 100% complete. Field inspection verified part of the structure still under construction. Willie J Sessions 7.17A..2 766017 940,243 825,128 -115,115 07 -1,491.31 Residence Value Change is for 2008 Residence ws assessed and billed as though having an elevator, however a field inspection revealed only an elevator shaft used for storage. Richard Charles Simmons 4.19.H.15 400387 166,130 134,405 -31,725 23 -529.17 Residence Value Change is for 2008 Interior of property was 'gutted' in late 2007 and undergoing major renovations. Field inspection verified interior demolition. -821,912 -12,900.26