Barrett/Canfield, LLC v. City of Rutland
Supreme Court of Vermont
1Opinion of the CourtJohnson, J.
Taxpayer Barrett/Canfield, LLC, appeals a decision on the tax assessment of its property in the City of Rutland. The property was formerly owned by Tambrands, Inc., and consisted of 27.75 acres including a 217,000 square-foot industrial building. On May 30, 1997, taxpayer purchased 9.7 acres including the industrial building for $1,763,650. The City subsequently assessed the value of taxpayer’s property at $4,598,000. The trial court found that, because the property was not adequately exposed to the market, the sale price was not a reliable indicator of fair market value and set the…
2Cases cited9 opinions
- Plaza Hotel Associates v. Wellington Associates, Inc.New York Court of Appeals · 1975
- In re P.S.Supreme Court of Vermont · 1997
- Beach Properties, Inc. v. Town of FerrisburgSupreme Court of Vermont · 1994
- Royal Parke Corp. v. Town of EssexSupreme Court of Vermont · 1985
- Thompson v. Dewey's South Royalton, Inc.Supreme Court of Vermont · 1999
4 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Barrett v. Town of WarrenSupreme Court of Vermont · 2005
- Andrew C. & Margaret R. Sigler Foundation v. Town of NorwichSupreme Court of Vermont · 2002
- Jackson Gore Inn, Adams House v. Town of LudlowSupreme Court of Vermont · 2020
- TransCanada Hydro Northeast, Inc. v. Town of RockinghamSupreme Court of Vermont · 2016
- Great Bay Hydro Corp. v. Town of DerbySupreme Court of Vermont · 2007
5 more not listed; retrieve them via the Exa API.