Port of Coos Bay v. Department of Revenue

This is an appeal from an Oregon Tax Court decision holding that the real property in question, owned by plaintiff Port of Coos Bay (the Port), is exempt from ad valorem property taxation. The Coos County assessor had placed the property on the Coos County tax rolls for the tax year 1978-79. After a hearing, defendant Department of Revenue (Department) determined that the subject property was taxable. The Port filed a complaint with the Tax Court contending that the property in question was exempt from taxation. The Tax Court held that the dry boat storage building at issue constitutes the…