Multnomah County v. Department of Revenue

CARLISLE B. ROBERTS, Judge.

The question presented is whether Theta Epsilon Building Association, the intervenor in this suit, was entitled to the partial property tax exemption provided in ORS 307.460 for the tax year 1976-1977. The building association, on January 1, 1976, was the owner and in possession of certain real property in Multnomah County, Oregon, described as Tax Lot 1, Block 2, Subsection East V2 of 2, City of Portland. The building association applied to the County Assessor of Multnomah County for exemption on or before April 1, 1976, pursuant to ORS 307.460(2), but was denied…