01. Reconvene Board of Equilization

Equalization Department Box 2806 Telephone: 701-241-5616 211 Ninth Street South Fax: 701-241-5729 Fargo, ND 58103 assessor@casscountynd.gov Case Equipment Corporation Parcel: 01-2720-00141-000, 01-2720-00150-000, 01-1044-00091-000,01-1044-00055-000, 01- 1044-00043-000 Address: 3101 1st Ave N Value: $34,784,200 (All Parcels) Synopsis: Marvin & Poers Tax Consultants, represented by Robert Boxley, is appealing the value of Case New Holland. It is unclear what value they are asking for as they did not provide any information to the Fargo City Assessment Office at the local board of Equalization. Review: I inspected the property with the Fargo Assessment Office when Case appealed their value in 2017 and there has not been a change since, so an inspection was not needed. Mr. Boxley provided an email from April of 2020 with an outdated cost analysis of the property, which is irrelevant for the 2021 taxable. The Fargo Assessment Office provide a write-up with sales supporting their current value on a price per square foot basis. Conclusion: The Tax Consultant provided no sales information, has not inspected the property, and provided an outdated cost approach for their appeal. The City of Fargo has provided clear support of their valuations through a detailed sales analysis of similar properties in the local market. Recommended Motion: Retain the current value for Case Equipment Corporation. Page 4