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HomeMy WebLinkAboutE&R 2008-05-28 -., I NEW HANOVER COUNTY BOARD OF EQUALIZATION AND REVIEW, MAY 28, 2008 ASSEMBLY The 2007 New Hanover County Board of Equalization and Review met on Wednesday, May 28, 2008, at 9:00 a.m. in Conference Room 601 of the New Hanover County Government Center, 230 Government Center Drive, Wilmington, North Carolina. The purpose of the meeting was to hear appeals flIed by property owners regarding their tax value assessments. BOOK 1 PAGE 512 Members present were: Chairman William A. Caster, Vice-Chairman Robert G. Greer, and Commissioner Nancy H. Pritchett. Commissioner Ted Davis, Jr. and Commissioner William A. Kopp were absent. Staff members present were: Tax Administrator Roger Kelley, Appraisal Supervisor Henry 1. Montgomery, Appraiser Pete Richardson, and Deputy Clerk to the Board Kymberleigh G. Crowell. Board of Equalization and Review Chairman Caster called the meeting to order. TAX APPEALS WITHDRAWN Tax Administrator Kelley reported that the following appellants have agreed to an adjusted value and withdrawn their appeals. The Board affirmed the assessed values of the following: Assessed Affirmed Parcel ill Owner Value Value I R041 00-005-006-000 Hobbs Enterprises LLC $303,000 $303,000 1404 Castle Hayne Rd, Wilmington, NC R041 00-005-007 -000 WKH Holdings LLC $280,000 $280,000 1400 Castle Hayne Rd, Wilmington, NC R041 00-005-008-000 WKH Holdings LLC $309,000 $309,000 1332 Castle Hayne Rd, Wilmington, NC R06506-006-00 I -000 Rosemyr Corporation The $2,550,000 $2,550,000 2638 Carolina Beach Rd, Wilmington, NC R08800-005-0 14-000 Traybencar LLC $738,000 $738,000 1341 N Lake Park Blv, Carolina Beach, NC OTHER BUSINESS (FROM MEETING OF MAY 22, 2008) Tax Administrator Kelley reported that the following property was other business that is being presented this day for the Board's consideration. In deliberations, the Board affirmed the assessed values as follows: Parcel ill R04914-004-002-000 Owner WiIm Development Co 60 S Kerr Ave, Wilmington, NC *During the May 22,2008 meeting, the Board reduced the CDU from Average to Fair for only the building values within this parcel. Staff was directed to recalculate a new recommended value for the Board's consideration during the May 28,2008 meeting. Assessed Value $7,237,486 Affirmed Value $6,671,332 ADJOURNMENT There being no further business, Chairman Caster adjourned the 2007 Board of Equalization and Review at 9:45 a.m. I Respectfully submitted, ~bJ4(r2.C~ Kymberleigh G. ~owell Deputy Clerk to the Board (, 0 g ...oIIll